India Business Journal - NTPC set to seek DAE’s approval for its first nuclear power plant in Bihar

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NTPC set to seek DAE’s approval for its first nuclear power plant in Bihar

IBJ Bureau
May 11, 2026

NTPC will soon submit its first feasibility study for a nuclear project with the Department of Atomic Energy (DAE) and seek its nod to go ahead with the plan, according to sources.

The approval will pave the way for NTPC to begin work on its first standalone nuclear project in India as the PSU is keen to achieve at least 2 gw of nuclear capacity by 2032.

The company is in the process of conducting feasibility studies in two more States. It has received a go-ahead from the Bihar government to conduct a feasibility study for a nuclear project in Banka district.

As a part of its energy diversification strategy, NTPC is looking to set up 30 gw of nuclear projects in at least 14 States with investments worth lakhs of crores of rupees to contribute to the government’s ambitious 100-gw nuclear capacity target by 2047.

NTPC has completed feasibility study in one of the States, while it is in the process of undertaking feasibility studies in another two States.

Industry estimates suggest that to set up a nuclear power capacity of 1 gw, typically an investment of Rs 15,000-20,000 crore is required, and the timeframe could be at least three years from concept to commissioning.