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State-owned electricity producer NTPC plans to set up nuclear power projects with 700 MW, 1,000 MW and 1,600 MW capacity across various locations in the country, a senior company official said. NTPC is targeting a 30 per cent share (30 GW) of India's proposed 100 GW nuclear capacity by 2047. Industry estimates indicate that a 1-GW nuclear plant requires an investment of Rs 15,00020,000 crore and typically takes at least three years from concept to commissioning. Sharing updates on the company's nuclear expansion plans, the official said NTPC is currently evaluating land options in several states, including Gujarat, Madhya Pradesh, Bihar and Andhra Pradesh, among others. "The capacities of the nuclear projects would be 700 MW, 1,000 MW and 1,600 MW," said the official who is involved in the company's strategic planning. NTPC will proceed with nuclear development in states identified and approved by the Atomic Energy Regulatory Board (AERB). "The AERB will approve the sites, and NT
NTPC Green Energy on Friday said it will raise Rs 1,500 crore through issuance of unsecured non-convertible debentures on November 11, 2025 on private placement basis. Proceeds shall be utilised for, inter alia, financing capital expenditure, including refinancing and recoupment of capital expenditure already incurred by the company, as well as for extending such financing for capital expenditure to its subsidiaries and joint ventures through inter-corporate loans, and for other general corporate purposes, the company said in a regulatory filing. According to the filing, NTPC Green Energy Ltd has decided to issue unsecured non-convertible debentures of Rs 1,500 crore on November 11, 2025, through private placement at a coupon of 7.01 per cent per annum for a tenor of 10 years 1 day, maturing on November 12, 2035, under the board resolution dated April 29, 2025. This is the first issue of debentures under the mentioned approval. The debentures are proposed to be listed on NSE.
CtrlS Datacenters on Monday said it has signed a strategic memorandum of understanding with NTPC Green Energy Limited (NGEL) to jointly establish grid-connected renewable energy projects with a capacity of up to 2 GW or more. The MoU was signed between CtrlS Founder & CEO Sridhar Pinnapureddy and NGEL CEO Sarit Maheshwari. As part of the MoU, CtrlS and NGEL aim to jointly establish grid-connected renewable energy projects/assets with a capacity of up to 2 GW or more through greenfield development and/or acquisitions, for the supply of renewable power to CtrlS for its captive consumption on mutual agreement or any other business as may be mutually decided between the Parties. The MoU shall be in force for two years with a provision to extend further, the company said in a statement. NGEL, a subsidiary of NTPC Ltd, has an operational capacity of over 8.9 GW and 13 GW under implementation. NGEL plans to have an installed capacity of 60 GW by 2032. Pinnapureddy described the ...
NTPC Ltd on Saturday said it has started drilling for the country's first-ever CO2 injection borewell at its Pakri Barwadih coal mine in Jharkhand. This move, led by the company's R&D arm, NETRA (NTPC Energy Technology Research Alliance), is a decisive step towards fulfilling India's Carbon Capture, Utilization and Storage (CCUS) roadmap and its net-zero commitment by 2070, NTPC said in a statement. "NTPC has marked an important milestone in the nation's clean energy transition by commencing drilling for the country's first-ever CO2 Injection Borewell at its Pakri Barwadih Coal Mine, Jharkhand," it said. The CO2 borewell is being drilled to an approximate depth of 1,200 metres. Its primary purpose is to secure crucial geological and reservoir data required for establishing a safe and effective CO2 storage process. This includes extensive core, methane, and water sampling, alongside seismic monitoring and detailed simulation studies to assess the rock formations' ability to ...
State-owned NTPC Ltd on Sunday said it began the commercial operation of a 38-MW solar power capacity of its step-down subsidiary in Gujarat. The new unit is part of the 300-MW Khavda Solar Energy Project of NTPC Renewable Energy Limited, a step-down subsidiary of NTPC through its subsidiary NTPC Green Energy Limited, the public sector power generator said in an exchange filing. The first part capacity of 142.2 MW, second part capacity of 32.8 MW and third part capacity of 49.125 MW have already been declared commercially operational with effect from June 28, June 30, and August 22 this year, respectively, NTPC said. "...the fourth part capacity of 37.95 MW out of 300 MW Khavda Solar Energy Project under 450 MW Hybrid Tranche V Project in Gujarat of NTPC Renewable Energy Limited, a stepdown subsidiary of NTPC Limited through its subsidiary NTPC Green Energy Limited", has been declared commercially operational on October 19, the filing said. A total capacity of 262.07 MW has been ..
State-owned power giant NTPC Ltd on Thursday said that it has inked an initial pact with the government of Gujarat to explore opportunities in both conventional and non-conventional energy sectors. The Memorandum of Understanding (MoU) exchange took place in the presence of Bhupendrabhai Patel, Chief Minister of Gujarat; Pralhad Joshi, Union Minister of New & Renewable Energy; Kanubhai Desai, Minister for Finance, Energy and Petrochemicals, Gujarat and other senior dignitaries, a company statement said. The agreement, signed during the Vibrant Gujarat Regional Conference held in Mehsana, Gujarat, aims to explore opportunities in both conventional and non-conventional energy sectors, the statement said. NTPC is India's largest integrated power utility, contributing one-fourth of the country's power requirements and has an installed capacity of over 83 GW, with an additional capacity of 30.90 GW under construction, including 13.3 GW of renewable energy capacity. The company is ...
State-owned NTPC will appoint a consultant to identify uranium mines overseas after signing a formal agreement with Uranium Corporation of India Ltd (UCIL), a company official said. The move will be part of the company's plan to secure raw material for its future nuclear projects to be set up on individual basis. At present, NTPC is setting up a nuclear project in a joint venture (JV) with Nuclear Power Corporation of India Ltd (NPCIL) in Rajasthan at an investment of about Rs 42,000 crore. While NTPC has 49 per cent stake in ASHVINI, NPCIL has majority 51 per cent shareholding. Prime Minister Narendra Modi on Thursday laid the foundation stone of 4x700 MW Mahi Banswara Rajasthan Atomic Power Project (MBRAPP) being set up by JV entity Anushakti Vidhyut Nigam Ltd (ASHVINI) at Banswara. NTPC CMD Gurdeep Singh recently shared plans of setting up individual nuclear projects. He said his company is collaborating with various nuclear technology providers and state governments to set up
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