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NTPC to invest Rs 3-4 trillion for 20 GW nuclear capacity by 2047

NTPC plans to invest Rs 3-4 trillion to develop 20 GW of nuclear power capacity by 2047. It aligns with the government’s target of achieving 100 GW under the Viksit Bharat mission. NTPC’s first nuclear project, the 2,800 MW Mahi Banswara plant in Rajasthan, will be a joint venture with the Nuclear Power Corporation of India (NPCIL), involving an investment of Rs 450-500 billion. Groundwork is expected to begin by the end of this financial…