PM to Lay Foundation of NTPC’s 2,800 MW Nuclear Project in Rajasthan
POWER & RENEWABLE ENERGY

PM to Lay Foundation of NTPC’s 2,800 MW Nuclear Project in Rajasthan

Prime Minister Narendra Modi will soon lay the foundation stone of a 2,800 Megawatt (MW) nuclear power project in Banswara, Rajasthan. The project, a joint initiative between NTPC Ltd and Nuclear Power Corporation of India (NPCIL), will mark NTPC’s foray into nuclear energy generation.

The project will feature four Pressurised Heavy Water Reactors (PHWRs) of 700 MW each. The first unit is expected to be commissioned in 2031, with the subsequent three units coming online at six-month intervals. Most of the material required for the project will be sourced from domestic contractors through competitive bidding.

The foundation stone ceremony is expected to be attended by Rajasthan Chief Minister Bhajanlal Sharma, Governor Haribhai Bagade, Power Secretary Pankaj Agarwal, MNRE Secretary SK Sarangi, and Department of Atomic Energy Secretary AK Mohanty. Senior officials including AERB Chairman DK Shukla, BARC Director Vivek Bhasin, NTPC CMD Gurdeep Singh, and NPCIL Chairman Bhuwan Chandra Pathak are also likely to join.

Recently, NTPC CMD Gurdeep Singh said the company is going “very aggressive” on nuclear power, with plans to add 30 GW capacity by 2047. NTPC will set up projects both independently and under its existing JV with NPCIL, while also exploring partnerships with Tata Consulting Engineers, L&T, EDF, Rosatom, and Holtec.

Currently, India has 8,800 MW of installed nuclear power capacity, with the government targeting 200 GW by 2047. In support of this growth, the Union Budget has earmarked nearly Rs 200 billion for nuclear energy development.


News source: Business Standard

Prime Minister Narendra Modi will soon lay the foundation stone of a 2,800 Megawatt (MW) nuclear power project in Banswara, Rajasthan. The project, a joint initiative between NTPC Ltd and Nuclear Power Corporation of India (NPCIL), will mark NTPC’s foray into nuclear energy generation.The project will feature four Pressurised Heavy Water Reactors (PHWRs) of 700 MW each. The first unit is expected to be commissioned in 2031, with the subsequent three units coming online at six-month intervals. Most of the material required for the project will be sourced from domestic contractors through competitive bidding.The foundation stone ceremony is expected to be attended by Rajasthan Chief Minister Bhajanlal Sharma, Governor Haribhai Bagade, Power Secretary Pankaj Agarwal, MNRE Secretary SK Sarangi, and Department of Atomic Energy Secretary AK Mohanty. Senior officials including AERB Chairman DK Shukla, BARC Director Vivek Bhasin, NTPC CMD Gurdeep Singh, and NPCIL Chairman Bhuwan Chandra Pathak are also likely to join.Recently, NTPC CMD Gurdeep Singh said the company is going “very aggressive” on nuclear power, with plans to add 30 GW capacity by 2047. NTPC will set up projects both independently and under its existing JV with NPCIL, while also exploring partnerships with Tata Consulting Engineers, L&T, EDF, Rosatom, and Holtec.Currently, India has 8,800 MW of installed nuclear power capacity, with the government targeting 200 GW by 2047. In support of this growth, the Union Budget has earmarked nearly Rs 200 billion for nuclear energy development.News source: Business Standard

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement