CORPORATE
NTPC targets 30 gw of nuclear power generation by 2047, eyes uranium assets abroad
- IBJ Bureau
- Nov 17, 2025
NTPC plans to set up nuclear power projects with 700, 1,000 and 1,600 mw capacities across various locations in the country, according to a senior company executive.
The State-owned electricity producer 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 15,000-20,000 crore and typically takes at least three years from concept to commissioning.
Sharing updates on the company’s nuclear expansion plans, the official, who did not wish to be identified, said that NTPC is currently evaluating land options in several States, including Gujarat, Madhya Pradesh, Bihar and Andhra Pradesh, among others.
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 NTPC will accordingly implement the projects,” the official has added.
The company has also begun efforts on the raw material front and is exploring the acquisition of overseas uranium assets.
Uranium, a naturally-occurring metallic element, is the primary fuel used in nuclear reactors.
NTPC has already signed a draft agreement with Uranium Corporation of India (UCIL) for joint techno-commercial due diligence of uranium assets abroad.
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