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 Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..