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NTPC Targets 30GW Nuclear Power by 2047, Forms New Subsidiary for Expansion

NTPC Ltd. has announced a target to achieve 30 gigawatts of nuclear power capacity by 2047, forming a wholly-owned subsidiary called NTPC Parmanu Urja Nigam Limited (NPUNL) to spearhead this initiative. This goal is part of the broader national objective to reach 100 GW of nuclear capacity by the same year. The company is progressing on the Mahi Banswara Rajasthan Atomic Power Project, a 4X700 MW plant, with the first unit's testing projected for the 2032-33 fiscal year. Concurrently, NTPC continues to expand its renewable portfolio, having recently added solar capacity and aiming for 60 GW of renewable energy by 2032 to support India's net-zero commitments.

Key Points: NTPC Aims for 30GW Nuclear Capacity by 2047

  • 30GW nuclear target by 2047
  • New subsidiary NPUNL formed
  • 4X700MW project in Rajasthan
  • Part of national 100GW nuclear goal
  • RE capacity target of 60GW by 2032
2 min read

NTPC aims for 30GW nuclear capacity by 2047: Shripad Naik

NTPC plans 30GW nuclear power by 2047, forms NPUNL subsidiary, and advances the 700MW Mahi Banswara project in Rajasthan as part of India's 100GW nuclear target.

"The above target of 30GW is a part of the government's decision of having 100 GW nuclear capacity by 2047 - Shripad Naik"

New Delhi, Feb 5

Government-owned power giant NTPC Ltd is planning to achieve 30 gigawatt nuclear capacity by 2047, Minister of State for Power Shripad Naik informed the Parliament on Thursday.

NTPC has formed a wholly owned nuclear subsidiary, NTPC Parmanu Urja Nigam Limited (NPUNL), under the Companies Act after getting the requisite clearances.

"The above target of 30GW is a part of the government's decision of having 100 GW nuclear capacity by 2047," said the minister in a written reply to a question in the Lok Sabha.

NTPC is planning to set up nuclear power projects, and Anu Shakti Vidyut Nigam Limited (ASHVINI), a joint venture of NTPC and Nuclear Power Corporation of India Limited (NPCIL), is in the process of establishing a 4X700 MW nuclear power project in Rajasthan's Banswara district.

The plant is called Mahi Banswara Rajasthan Atomic Power Project (MBRAPP). The current projections envisage initial testing of MBRAPP's first 700 MW unit by FY 2032-33.

In order to explore various options and possible collaborations with international partners, NTPC Ltd. has issued an Expression of Interest (EoI), said the minister.

Meanwhile, NTPC last month announced a commercial capacity addition of 359.58 MW through various solar projects of its subsidiaries in Gujarat and Rajasthan, taking the group's total commercial capacity past the 85.5 GW mark.

With this, the total installed commercial capacity of the NTPC group has reached 85,541 MW (85.541GW). NTPC is contributing one-fourth of India's power requirements and has an installed capacity of 85 GW+, with an additional capacity of 30.90 GW under construction, including 13.3 GW of renewable energy capacity.

The company has set a target of 60 GW of renewable energy capacity by 2032, strengthening India's Net Zero goals.

According to the company, with a diverse portfolio of thermal, hydro, solar, and wind power plants, the NTPC is focusing on delivering reliable, affordable, and sustainable electricity to the nation.

The company is committed to adopting best practices, fostering innovation, and embracing clean energy technologies for a greener future, the statement said.

- IANS

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Reader Comments

P
Priya S
Good to see the focus on renewables too (60GW by 2032!). A balanced mix of nuclear, solar, and wind is the way forward for a country like India. The Banswara project timeline seems long though, hope they can expedite it.
R
Rohit P
While the target is impressive, I have concerns. Nuclear projects have huge cost overruns and delays. Look at Kudankulam. Will this 30GW target actually be met, or is it just another announcement? The proof will be in the execution.
S
Sarah B
The scale of India's energy planning is always fascinating. 85.5 GW total capacity is massive. International collaboration mentioned in the EoI is key—getting the best tech and safety standards will be crucial for public acceptance.
K
Karthik V
One-fourth of India's power from NTPC! That's a huge responsibility. Hope the new subsidiary NPUNL focuses on training a skilled workforce. We need more Indian engineers and scientists specialized in nuclear tech. Jai Hind!
N
Nisha Z
The article mentions Rajasthan for the solar and nuclear projects. Good for local development, but what about the environmental impact and displacement? Hope the local communities in Banswara are properly consulted and compensated. Sustainable means for people too.

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