NTPC zeroes in on three sites for 12 GW nuclear capacity
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓NTPC identified Basai in Madhya Pradesh, Banka in Bihar and Nabarangpur in Odisha as sites for 12 GW nuclear capacity.
- ✓The company is evaluating global technologies and fuel needs for these locations.
- ✓Regarding foreign technology transfer, a source said, "We will try." This move supports India’s 2047 nuclear energy goals.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Financial Express
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
The locations under consideration are Basai in Madhya Pradesh, Banka in Bihar and Nabarangpur in Odisha. Assessment of the three locations has progressed ahead of other sites being studied by the company, the source said
The company is simultaneously evaluating technologies from global nuclear players including France's EDF, Russia's Rosatom and US-based Westinghouse and Holtec, with technology transfer and localisation expected to be key considerations in choosing partners.
When asked whether international reactor suppliers were willing to transfer technology, the response was affirmative, though the source indicated that suppliers could be selective about the technology made available. When asked specifically whether NTPC would seek technology transfer from a foreign player, the person said: "We will try."
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