NTPC Seeks Approval for Bulk Purchase of Nuclear Reactors
POWER & RENEWABLE ENERGY

NTPC Seeks Approval for Bulk Purchase of Nuclear Reactors

NTPC, India’s largest power producer, has approached the government to approve the bulk purchase of nuclear reactors as part of the nation’s drive to expand atomic energy capacity and reduce dependence on fossil fuels.

The state-run company plans to acquire large nuclear units ranging from 700 MW to 1,730 MW, though the final tender size is yet to be decided. Bulk procurement is expected to help lower overall costs, sources familiar with the matter said.

NTPC is spearheading India’s plan to achieve 100 gigawatts of nuclear generation capacity by 2047, more than 11 times the current total. The company intends to install nearly a third of this target. This effort aligns with New Delhi’s push to attract private investment in the nuclear sector amid a global resurgence in atomic energy, seen as a source of reliable, low-carbon power.

India, the world’s third-largest CO2 emitter, remains heavily reliant on coal, which accounts for 85 per cent of NTPC’s current generation capacity. Since commissioning its first reactor in 1969, the country has installed 8.8 GW of nuclear capacity. Meeting the 2047 target would require building nearly half that capacity each year over the next two decades.

The nuclear sector faces challenges, including identifying safe sites, securing suppliers for diverse reactor technologies, and obtaining local support. NTPC’s first nuclear plant, a joint venture with Nuclear Power Corporation of India, is expected to be operational by 2036.

This move underlines NTPC’s commitment to transitioning towards sustainable and low-carbon energy, supporting India’s climate goals while ensuring reliable power supply.

News source: CNBC TV18

NTPC, India’s largest power producer, has approached the government to approve the bulk purchase of nuclear reactors as part of the nation’s drive to expand atomic energy capacity and reduce dependence on fossil fuels.The state-run company plans to acquire large nuclear units ranging from 700 MW to 1,730 MW, though the final tender size is yet to be decided. Bulk procurement is expected to help lower overall costs, sources familiar with the matter said.NTPC is spearheading India’s plan to achieve 100 gigawatts of nuclear generation capacity by 2047, more than 11 times the current total. The company intends to install nearly a third of this target. This effort aligns with New Delhi’s push to attract private investment in the nuclear sector amid a global resurgence in atomic energy, seen as a source of reliable, low-carbon power.India, the world’s third-largest CO2 emitter, remains heavily reliant on coal, which accounts for 85 per cent of NTPC’s current generation capacity. Since commissioning its first reactor in 1969, the country has installed 8.8 GW of nuclear capacity. Meeting the 2047 target would require building nearly half that capacity each year over the next two decades.The nuclear sector faces challenges, including identifying safe sites, securing suppliers for diverse reactor technologies, and obtaining local support. NTPC’s first nuclear plant, a joint venture with Nuclear Power Corporation of India, is expected to be operational by 2036.This move underlines NTPC’s commitment to transitioning towards sustainable and low-carbon energy, supporting India’s climate goals while ensuring reliable power supply.News source: CNBC TV18

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->