NTPC's Nuclear Energy Initiative
NTPC is moving towards expanding its energy portfolio to include nuclear energy as part of its diversification strategy. The company aims to establish significant nuclear power capacity to contribute to India's energy targets.
Feasibility Studies and Approvals
- NTPC plans to submit its first feasibility study to the Department of Atomic Energy (DAE) for approval to proceed with its first standalone nuclear project in India.
- The company aims to achieve at least 2 GW of nuclear capacity by 2032.
- Feasibility studies are currently being conducted in two states, while one has been completed.
- NTPC has received approval from the Bihar government to conduct a study in the Banka district.
- The Standing Site Selection Committee of the DAE reviews proposals, and if feasible, forwards them to the Atomic Energy Commission (AEC).
Ambitious Nuclear Capacity Goals
- NTPC plans to establish 30 GW of nuclear projects across at least 14 states.
- The projects are part of India's target to achieve 100 GW of nuclear capacity by 2047.
Nuclear Project Details
- Typically, a 1 GW nuclear power plant requires an investment of Rs 15,000-20,000 crore and takes a minimum of three years from concept to commissioning.
- A continuous water supply is crucial, with 5 liters of water needed per unit of nuclear power produced.
- NTPC intends to set up at least two units of 700 MW each in the states being considered for nuclear projects.
Current Nuclear Ventures
- NTPC is currently involved in a joint venture with NPCIL in Rajasthan, with an investment of Rs 42,000 crore.
- The project, ASHVINI, is a 4x700 MW Mahi Banswara Rajasthan Atomic Power Project, with NTPC holding a 49% stake.
- Prime Minister Narendra Modi laid the foundation stone for the MBRAPP in September last year.
NTPC's Energy Portfolio
- Established in 1975, NTPC has expanded beyond thermal power to include coal, gas/liquid fuel, hydro, and solar power, with a total installed capacity of 89,805.30 MW.
