NTPC plans Rs 4 trillion investment in nuclear power over 20 years

02 Dec 2024 CW Team

India's largest power producer, NTPC, is considering an investment of Rs 3-4 trillion to increase its nuclear power capacity by about 20 GW over the next 23 years. According to a source familiar with the matter, the company’s first nuclear project is planned to be jointly developed with the Nuclear Power Corporation of India Ltd (NPCIL), after which NTPC intends to pursue future projects independently.

The company aims to secure a significant portion of the clean energy portfolio by 2047, in line with the government’s Viksit Bharat (developed India) initiative, the source added.

The government recently announced that India aims to achieve 100 GW of installed nuclear power capacity by 2047. The on-going collaboration with NPCIL for the 2,800 MW Mahi Banswara project in Rajasthan is expected to begin groundwork by the end of the current financial year, according to the source. The investment for the projects is estimated to be between Rs 450-500 billion. A proposal for transferring nuclear units to a joint venture from the parent NPCIL is likely to be presented for approval soon, the source said. The government has already approved the joint venture between NPCIL and NTPC, called Anushakti Vidhyut Nigam, with NPCIL holding a 51 per cent stake.

Earlier, an NTPC official mentioned that the company would no longer be involved in the 1,400 MW Chutka Madhya Pradesh Atomic Power Project, which was also supposed to be developed jointly with NPCIL.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..