Mumbai
Government-owned power major NTPC Ltd is aiming to achieve 30 gigawatts (GW) of nuclear power capacity by 2047, the Minister of State for Power Shripad Naik informed Parliament on Thursday.
The target forms a key component of India’s broader plan to scale up nuclear energy to 100 GW by the centenary year of Independence.
In a written reply to a question in the Lok Sabha, Naik said NTPC has already taken concrete steps to enter the nuclear power sector. The company has incorporated a wholly owned subsidiary, NTPC Parmanu Urja Nigam Limited (NPUNL), under the Companies Act after obtaining all necessary regulatory clearances.
As part of its nuclear expansion roadmap, NTPC is planning to set up multiple nuclear power projects across the country. One of the most significant initiatives is being pursued through Anu Shakti Vidyut Nigam Limited (ASHVINI), a joint venture between NTPC and Nuclear Power Corporation of India Limited (NPCIL). The joint venture is in the process of establishing a 4×700 megawatt nuclear power project in Banswara.
The project, officially named the Mahi Banswara Rajasthan Atomic Power Project (MBRAPP), is expected to be a major addition to India’s nuclear energy capacity. According to current projections, initial testing of the first 700 MW unit is envisaged in the financial year 2032–33.
To further accelerate its nuclear ambitions, the minister said NTPC has issued an Expression of Interest (EoI) to explore various options and potential collaborations with international partners. This move is aimed at leveraging global expertise, advanced technology, and financing models to support India’s clean energy transition.
Alongside nuclear power, NTPC continues to expand its renewable energy portfolio. Last month, the company announced a commercial capacity addition of 359.58 MW through solar projects developed by its subsidiaries in Gujarat and Rajasthan, pushing the NTPC group’s total commercial capacity beyond 85.5 GW.
With the latest additions, NTPC’s total installed commercial capacity now stands at 85,541 MW (85.541 GW). The company currently contributes nearly one-fourth of India’s total electricity requirements and has over 30.90 GW of additional capacity under construction, including 13.3 GW from renewable energy sources.