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

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..