By FAZLULLAH for RAHAMATABAD.COM
Date: February 21, 2025
New Delhi: India’s largest power generation company, NTPC, has announced an ambitious plan to invest $62 billion in expanding its nuclear energy portfolio. The company aims to develop 30 gigawatts (GW) of nuclear power capacity over the next two decades, significantly increasing its reliance on clean energy.
This move aligns with India’s broader strategy to reduce dependence on coal and cut carbon emissions. Currently, NTPC operates a modest nuclear capacity, but with this expansion, it seeks to become a dominant player in the sector. The company is reportedly in talks with international partners for technology transfer and financial collaboration.
The Indian government has been pushing for increased nuclear power generation as part of its commitment to achieving net-zero emissions by 2070. With growing energy demands, the expansion is expected to enhance India’s energy security and reduce reliance on fossil fuels.
Industry experts believe this investment will create thousands of jobs and boost local industries involved in nuclear infrastructure development. However, concerns over regulatory approvals, public resistance, and safety measures remain challenges that NTPC will need to address.
With this massive investment, NTPC is set to reshape India’s energy landscape and position itself as a leader in sustainable power generation.