NTPC Plans Nuclear Power Project in Bihar to Boost Portfolio
POWER & RENEWABLE ENERGY

NTPC Plans Nuclear Power Project in Bihar to Boost Portfolio

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)

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)

Next Story
Infrastructure Transport

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

Next Story
Resources

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Next Story
Real Estate

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?