Business Standard

Narendra Modi's nuclear power push gains traction as NTPC eyes new plants

A venture between NTPC Ltd. and India's monopoly nuclear developer is in advanced talks with the government to develop two 700-megawatt reactors in the central state of Madhya Pradesh

Prime Minister Narendra Modi addresses nation on 76th Independence Day at Red Fort. (PTI Photo)Prime Minister Narendra Modi addresses nation on 76th Independence Day at Red Fort. (PTI Photo)
Premium

Prime Minister Narendra Modi addresses nation on 76th Independence Day at Red Fort. (PTI Photo)Prime Minister Narendra Modi addresses nation on 76th Independence Day at Red Fort. (PTI Photo)

Rajesh Kumar Singh | Bloomberg
India’s largest power producer is looking to develop another massive nuclear project just weeks after announcing its entry into the sector, a sign that Prime Minister Narendra Modi’s expansion into atomic energy is gaining momentum.
 
A venture between NTPC Ltd., which relies mostly on coal to supply energy to the world’s fastest growing population, and India’s monopoly nuclear developer is in advanced talks with the government to develop two 700-megawatt reactors in the central state of Madhya Pradesh, according to people familiar with the matter, who asked not to be identified as the discussions aren’t public.

That comes on the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in