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)

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..