State-owned power major NTPC is planning to set up nuclear projects both through joint ventures and on a standalone basis, Chairman and Managing Director Gurdeep Singh has said.In a company document, Singh said NTPC is collaborating with nuclear technology providers as well as state governments to explore projects independently. “We are collaborating with various nuclear technology providers and State governments to set-up projects on our own,” he said.At present, NTPC Group’s installed capacity stands at 82,926 MW across 53 NTPC-owned stations and 53 joint venture or subsidiary plants, spanning coal, liquid fuel, hydro and solar.In December 2024, Singh had announced NTPC’s entry into the nuclear energy segment, calling it critical to boosting the company’s non-fossil portfolio. Speaking at the ‘Bihar Business Connect 2024’ summit in Patna, he had said nuclear energy is expected to become extremely important for the power sector 20–30 years down the line.As part of this push, NTPC last year operationalised Anushakti Vidhyut Nigam Ltd (ASHVINI) — a joint venture with Nuclear Power Corporation of India Ltd (NPCIL), where NPCIL holds 51% and NTPC 49%. The company has also set up a new subsidiary, NTPC Parmanu Urja Nigam Ltd, as part of its long-term commitment to clean baseload power, Singh said.
