India’s NTPC Seeks Global Partners to Develop 15 GW of Nuclear Power Capacity
In a major step towards diversifying India's energy portfolio, NTPC Limited, the country’s largest power producer, has announced plans to collaborate with global partners for the development of 15 gigawatts (GW) of nuclear power capacity. This initiative marks a significant shift in India’s energy strategy as the government moves to liberalize its nuclear power sector.
A Landmark Opportunity in India’s Nuclear Energy Expansion
The state-run NTPC, primarily known for its coal-fired power plants, is seeking international partnerships to establish pressurized water reactor (PWR) technology-based nuclear power plants. As per the latest tender issued by NTPC, its partners must:
✅ Provide a lifetime supply of nuclear fuel
✅ Secure regulatory approvals from their home countries
✅ Adhere to Indian nuclear policies, including obtaining a technology license
This move aligns with India's ambitious clean energy goals, aiming to significantly scale up nuclear power generation and reduce dependency on fossil fuels.
Policy Reforms: Opening Doors for Foreign Investment
India's Atomic Energy Act of 1962 currently restricts private investment in nuclear energy. Moreover, stringent liability laws, including the Civil Liability for Nuclear Damage Act (2010), have historically deterred foreign players like GE and Westinghouse from entering the Indian nuclear market.
However, in February 2025, the Indian government announced plans to amend its nuclear liability law, making way for greater foreign and private sector participation in nuclear energy projects.
India’s Nuclear Power Roadmap
Currently, state-owned Nuclear Power Corporation of India (NPCIL) is the sole operator of India’s 8 GW nuclear power capacity, with a target to reach 20 GW by 2032. The long-term goal? A massive 100 GW nuclear capacity by 2047, reinforcing India's position as a global clean energy leader.
NTPC’s Vision: $62 Billion Investment in Nuclear Energy
NTPC is aggressively expanding its clean energy portfolio and plans to develop 30 GW of nuclear capacity over the next two decades. The estimated investment? A staggering $62 billion.
By embracing nuclear power alongside its growing renewable energy initiatives, NTPC is positioning itself at the forefront of India's energy transition, ensuring sustainable, reliable, and clean power for the future.