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

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..