NPCIL

The 2,800 MW Mahi Banswara Rajasthan Atomic Power Project, developed by a NPCIL-NTPC joint venture at an investment of around Rs 42,000 crore in Rajasthan, will be one of the largest nuclear plants in the country, supplying reliable base load energy, power major NTPC said on Thursday. Prime Minister Narendra Modi on Thursday inaugurated the nuclear project along with other energy projects having a combined investment value of over Rs 51,000 crore in Rajasthan. Modi laid the foundation stone of 4X700 MW Mahi Banswara Rajasthan Atomic Power Project (MBRAPP), which is being developed by joint venture entity Anushakti Vidhyut Nigam Ltd (ASHVINI). Nuclear Power Corporation of India (NPCIL) owns 51 per cent stake and NTPC remaining 49 per cent in the JV. The partners will pool in financial, technological, and project expertise for the project which entails an investment of around Rs 42,000 crore, NTPC said in a statement. The project, which marks NTPC's foray into nuclear power generatio

For decades, state control was justified by concerns over radiation safety, misuse of nuclear material, and strategic security

NPCIL said several industrial houses have already signed non-disclosure agreements and begun joint work on the BSR model, while others have requested more time to prepare submissions

India's nuclear journey is all set to enter its most transformative phase - that too by inviting private capital to participate in scaling up nuclear power to 100 Gw by 2047

Hyderabad-based Megha Engineering makes its nuclear debut with NPCIL's largest-ever order, bagging a ₹12,800-crore deal to build two reactors in Karnataka

The Railways has approached the Nuclear Power Corporation of India Ltd (NPCIL) and the Ministry of Power for the allocation of nuclear energy to meet its increasing power requirement, the Rajya Sabha was recently informed. "The power requirement of the Indian Railways (IR) is increasing consistently year on year. IR is exploring all the possible options of energy including nuclear energy. "IR has been exploring the option of sourcing power from existing as well as upcoming nuclear power plants to meet part of its traction power requirement, Railway Minister Ashwini Vaishnaw said in a written reply in the Upper House on February 7. Trinamool Congress MP Sagarika Ghose raised the issue of use of nuclear energy to supply power to Railways and asked "whether development and advancement has been made in the railway sector to use nuclear energy to reduce usage of fossil fuels to power trains". Ghose also wanted to know the implications of using nuclear energy as well as its impact on the

Experts say stringent terms could make industry apprehensive

India's nuclear power operator NPCIL on Tuesday invited proposals from the industry to set up 220 MW Bharat Small Reactors for captive use, replacing the existing coal-fired thermal power plants used by the steel, aluminium, copper and cement industries. Bharat Small Reactors are 220 MW Pressurised Heavy Water Reactors (PHWR) with an impeccable safety and excellent performance record, which are compact and tailored for captive use, according to a statement from the Nuclear Power Corporation of India Limited (NPCIL). "NPCIL has today invited Request for Proposals (RFP) from visionary Indian industries for setting up 220 MW Bharat Small Reactors (BSRs) for captive use," said the statement. The nuclear power operator said BSRs can provide a sustainable solution for decarbonization of hard-to-abate industries. It would also help these industries secure economic benefits resulting from savings in carbon emission related taxes, thus increasing competitiveness of their products in the ..

IIFCL is planning to mop up Rs 3,000 crore in two tranches with varying maturities

In a first, the Nuclear Power Corporation of India (NPCIL) will operate 220 MW capacity small nuclear plants for private players who will provide both funding and land for the project, a senior government official has said. A development on this front is likely by this year-end or early 2025, the official told PTI. "The funding and land for the nuclear plant will be made available by the private player but the plant will be managed by NPCIL," the official said. With the NPCIL, a public sector enterprise under the Department of Atomic Energy, managing and operating the plant, the need to amend the Atomic Energy Act will not arise. Under the Atomic Energy Act, the nuclear energy sector is open only for government PSUs, another official said. These 220 MW reactors will be known as 'Bharat Small Reactors' for which research is already in progress at the Bhabha Atomic Research Centre (BARC), the official said. The Pressurised Heavy Water Reactor (PHWR) technology, which India has maste

The government has approved a joint venture between NPCIL and NTPC to build four 700 MWe nuclear power plants at Mahi Banswara in Rajasthan. The Department of Atomic Energy handed over the document approving the joint venture 'Anushakti Vidyut Nigam Limited (ASHVINI)'? to top officials of the Nuclear Power Corporation of India Limited (NPCIL) and the National Thermal Power Corporation (NTPC) on Tuesday, an official statement said. With this approval, ASHVINI has been authorized to build, own and operate nuclear power plants in India in accordance with the existing legal framework, the statement from NPCIL said. It said ASHVINI will be a subsidiary of NPCIL, which will have 51 per cent stake in the entity. The Mahi Banswara project of 4x700 MW Pressurised Heavy Water Reactors (PHWR) will be implemented by ASHVINI. The joint venture will pave the way for pooling resources in terms of finances and expertise for the rapid expansion of nuclear power capacity in the country to meet the

Apart from the National Payments Corporation of India's (NPCI) UPI, these transactions will be facilitated by the LankaPay National Payment Network

PhonePe on Wednesday announced a partnership with LankaPay to allow its users to pay using UPI across Sri Lanka. At an event to mark the collaboration, PhonePe said its app users travelling to Sri Lanka can make payments using UPI across LankaPay QR merchants. The transactions will be facilitated by the Unified Payments Interface (UPI) and LankaPay National Payment Network. Users can scan LankaQR code to make secure and quick payments without carrying cash or calculating currency conversions. The amount will be debited in INR, showing the currency exchange rate. PhonePe's CEO, International Payments, Ritesh Pai, said the collaboration with LankaPay offers unparalleled convenience to Indian tourists who can now use a familiar and secure payment method while travelling and paying across LankaQR merchant points. "We are excited about the potential of this collaboration that would enhance payment experience to Indian tourists and business travellers during their stay in Sri Lanka and

UPI transaction volumes rose 54% in March, as compared to 60% a year ago

The National Cadet Corps (NCC) on Thursday joined hands with Nuclear Power Corporation of India Limited (NPCIL) to conduct awareness programmes across the country to enhance public perceptions on peaceful use of nuclear power and disseminate scientific information. The memorandum of understanding between NCC and NPCIL, a public sector undertaking, also facilitates a unique opportunity to cadets to visit various facilities of NPCIL, thereby giving a "first-hand experience" on peaceful use of nuclear energy, its technical and technological aspects. The MoU was signed in New Delhi in presence of Director General of the NCC, Lt Gen Gurbirpal Singh and Executive Director (Corporate Communication & Corporate Planning), NPCIL, BVS Shekhar, the defence ministry said in a statement. The agreement will entail conducting "various awareness programmes throughout the country to enhance public perceptions on peaceful use of nuclear power, and disseminate scientific and authentic information," ..

India will add 18 more nuclear power reactors with a cumulative capacity to generate 13,800 MWe of electricity, taking the total share of atomic power in the energy mix to 22,480 MWe by 2031-32. This was announced by the Nuclear Power Corporation of India Limited (NPCIL) after Prime Minister Narendra Modi dedicated two home-built 700 MW nuclear power reactors at Kakrapar in Gujarat last week. Presently, the NPCIL operates 24 reactors with a total capacity of 8,180 MWe. The prime minister dedicated units 3 & 4 of Kakrapar Atomic Power Station (KAPS 3 & 4) to the nation on February 22. KAPS-4 was connected to the western power grid on February 20, two days ahead of PM Modi's visit to Kakrapar. KAPS 3 & 4 (2 X 700 MW) are the largest indigenous Pressurised Heavy Water Reactors (PHWR) with advanced safety features comparable to the best in the world, the NPCIL said. "These reactors have been designed, constructed, commissioned, and operated by NPCIL, with the supply of ...

NPCIL chairman and managing director BC Pathak expressed confidence in India's self-sufficiency in energy security

As per the earlier agreement signed on 27.4.2010, the equity holding pattern in Anushakti Vidhyut was to be 51% for NPCIL and 49% for NTPC

Joint Venture company to develop Chutka Madhya Pradesh Atomic Power Project of 2x700 MW and Mahi Banswara Rajasthan Atomic Power Project of 4x700 MW

The government on Friday received Rs 736 crore and Rs 102 crore from public sector undertakings (PSUs) Nuclear Power Corporation of India Limited (NPCIL) and Uranium Corporation of India Limited