NTPC Aims for Nuclear Excellence with New Bihar Project
State-owned NTPC is planning to set up two nuclear power units in Bihar, totaling 700 MW each. The project could cost approximately Rs 25,000 crore. The feasibility study is currently underway, and a detailed project report will follow. This initiative is part of NTPC's broader strategy to diversify its energy portfolio.
State-owned energy giant NTPC is gearing up to diversify its power portfolio with plans to install two nuclear units of 700 MW each in Bihar's Banka district. Preliminary estimates put the cost at about Rs 25,000 crore, with around 1,000 acres required for the development.
The site, approximately 250 km from Patna, is currently under a feasibility study, with the Bihar government pledging full support, including ensuring water availability. This ambitious project aligns with NTPC's goal to contribute significantly to India's target of 100 GW nuclear capacity by 2047.
NTPC's nuclear ambitions extend to a massive 30 GW, with an immediate target of 2 GW by 2032. The company has also partnered with Nuclear Power Corporation of India Ltd for a project in Rajasthan, demonstrating its commitment to expanding nuclear energy in its energy mix.
(With inputs from agencies.)
ALSO READ
Google's Monumental $40 Billion Investment: A New Chapter in AI Rivalry
Alphabet's Massive Investment in AI: A $10 Billion Bet on Anthropic
Alphabet's Billion-Dollar Bet: $40 Billion Investment in Anthropic
Bihar has got private investments worth Rs 1.36 lakh cr in last one year: CM Samrat Choudhary tells assembly.
Erdogan Unveils New Economic Reforms to Boost Investment and Growth

