NTPC Plans Nuclear Power Project in Bihar to Boost Portfolio

20 Dec 2024 CW Team

NTPC, India’s leading power company, is planning to establish a nuclear power project in Bihar, which will enhance its non-fossil fuel energy portfolio. Gurdeep Singh, Chairman and Managing Director (CMD) of NTPC, shared this development at the 'Bihar Business Connect 2024' summit. NTPC has approached the Bihar government for a land parcel at a suitable location to advance its nuclear energy plans. Singh emphasised the growing importance of nuclear energy for the energy sector in the next 20-30 years and confirmed that NTPC is now venturing into nuclear energy. However, he did not provide additional details, noting that a study will be conducted before moving forward with the project. In September 2024, the Indian government approved the joint venture Anushakti Vidhyut Nigam Ltd (ASHVINI), a collaboration between Nuclear Power Corporation of India Ltd (NPCIL) and NTPC, to build, own, and operate nuclear power plants in line with the Atomic Energy Act. Singh also highlighted NTPC’s interest in expanding its renewable energy initiatives in Bihar, including rooftop solar, ground-mounted solar, floating solar, pumped storage, and battery energy storage projects. The company aims to achieve a significant portion of its 60,000 MW renewable energy capacity target in Bihar by 2032. NTPC’s current installed capacity in Bihar stands at 8,850 MW, with investments totalling approximately Rs 800 billion. The company is also exploring the possibility of setting up 3,000–4,000 MWh of battery storage solutions in the state. Additionally, Singh noted that Nabinagar Power Generating Company Ltd (NPGCL) has started work on a 2,400 MW power project in Bihar. NTPC’s total installed capacity is 76,531 MW, encompassing thermal, solar, wind, and other energy sources. (Business Standard)

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..