NTPC to have 2,000 MW of nuclear power by 2032

15 Feb 2023 CW Team

State-run NTPC Limited, India's largest energy generator, will construct several nuclear power facilities to help the nation reach its goal of having net-zero emissions by 2070. According to its first plan, the power giant will begin producing nuclear energy at a rate of 2,000 MW by 2032, 4,200 MW by 2035, and ultimately 20,000 MW by 2050, senior NTPC executives told Moneycontrol.

In addition to expanding nuclear capacity using pressurised heavy water reactors (PHWR), NTPC also intends to do so using small modular reactors. To guarantee the supply of the necessary feedstock, it also plans to collaborate with Uranium Corporation of India Ltd. on fuel projects.

"So far, two nuclear power stations with a combined 4,200 MW of capacity have been completed. In Chutka, Madhya Pradesh, a 1,400 MW project with two units of 700 MW each will be built. The second one, near Mahi Banswara in Rajasthan, will have a capacity of 2,800 MW (4x700 MW). The two plants will use PHWR, which is nearly indigenous, and their electricity tariff will amount to about Rs 7.36 per unit, according to a senior official who asked to remain anonymous.

The International Atomic Energy Agency estimates that the capacity of nuclear power worldwide must increase from 413 gigawatts (GW) in 2022 to 812 GW by 2050. It went on to say that by the 2030s, yearly nuclear power capacity expansions must exceed 27 GW.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..