NTPC Explores Global Uranium Assets to Boost Nuclear Power Projects

24 Sep 2025 CW Team

Currently, nuclear energy contributes 2% (8,180 MW) of India’s total installed capacity (4,75,212 MW).

NTPC nuclear projects, Uranium acquisitions India, Clean energy India, Mahi Banswara Nuclear Project, ANEEL fuel collaboration Low-carbon power

India’s largest power producer, NTPC Limited, is strengthening its focus on clean energy by exploring nuclear power opportunities. The company is evaluating overseas uranium acquisitions to secure fuel for upcoming nuclear plants, marking a significant step in its transition from conventional coal-based operations.

Strategic Shift Toward Nuclear

Founded in 1975 as a thermal power producer, NTPC now has a total installed capacity of 83,026 MW across coal, gas, hydro, and solar. To expand non-fossil fuel capacity, the company is preparing to commission nuclear projects, both independently and through partnerships.

NTPC’s board has approved a draft MoU with Uranium Corporation of India Ltd (UCIL) to carry out joint techno-commercial due diligence of overseas uranium assets, ensuring access to critical nuclear fuel resources.

Key Projects and Collaborations

Anushakti Vidhyut Nigam (ASHVINI): NTPC’s JV with Nuclear Power Corporation of India (NPCIL) is developing the 2,800 MW Mahi Banswara Nuclear Power Project in Rajasthan (NPCIL 51 per cent, NTPC 49 per cent).
NTPC Parmanu Urja Nigam (NPUNL): A dedicated subsidiary established in January 2025 to pursue nuclear projects independently.
Ongoing discussions with US-based Clean Core Thorium Energy (CCTE) to explore deployment of ANEEL fuel for next-generation nuclear reactors.

Nuclear Power in India

Currently, nuclear energy contributes 2 per cent (8,180 MW) of India’s total installed capacity (4,75,212 MW). The government aims to achieve 100 GW of nuclear capacity by 2047. Nuclear power is seen as a reliable, low-carbon base-load option, complementing intermittent renewables like wind and solar.

Through strategic uranium acquisitions and strengthened partnerships, NTPC is positioning itself as a key player in India’s nuclear energy sector, supporting the nation’s clean energy targets and providing dependable power for the future.

News source: Angel One

Currently, nuclear energy contributes 2% (8,180 MW) of India’s total installed capacity (4,75,212 MW).NTPC nuclear projects, Uranium acquisitions India, Clean energy India, Mahi Banswara Nuclear Project, ANEEL fuel collaboration Low-carbon powerIndia’s largest power producer, NTPC Limited, is strengthening its focus on clean energy by exploring nuclear power opportunities. The company is evaluating overseas uranium acquisitions to secure fuel for upcoming nuclear plants, marking a significant step in its transition from conventional coal-based operations.Strategic Shift Toward NuclearFounded in 1975 as a thermal power producer, NTPC now has a total installed capacity of 83,026 MW across coal, gas, hydro, and solar. To expand non-fossil fuel capacity, the company is preparing to commission nuclear projects, both independently and through partnerships.NTPC’s board has approved a draft MoU with Uranium Corporation of India Ltd (UCIL) to carry out joint techno-commercial due diligence of overseas uranium assets, ensuring access to critical nuclear fuel resources.Key Projects and CollaborationsAnushakti Vidhyut Nigam (ASHVINI): NTPC’s JV with Nuclear Power Corporation of India (NPCIL) is developing the 2,800 MW Mahi Banswara Nuclear Power Project in Rajasthan (NPCIL 51 per cent, NTPC 49 per cent).NTPC Parmanu Urja Nigam (NPUNL): A dedicated subsidiary established in January 2025 to pursue nuclear projects independently.Ongoing discussions with US-based Clean Core Thorium Energy (CCTE) to explore deployment of ANEEL fuel for next-generation nuclear reactors.Nuclear Power in IndiaCurrently, nuclear energy contributes 2 per cent (8,180 MW) of India’s total installed capacity (4,75,212 MW). The government aims to achieve 100 GW of nuclear capacity by 2047. Nuclear power is seen as a reliable, low-carbon base-load option, complementing intermittent renewables like wind and solar.Through strategic uranium acquisitions and strengthened partnerships, NTPC is positioning itself as a key player in India’s nuclear energy sector, supporting the nation’s clean energy targets and providing dependable power for the future.News source: Angel One

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Real Estate

17 Dec 2025

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

Real Estate

17 Dec 2025

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..