NTPC Expands into Nuclear Power with Joint Ventures and Standalone Projects

1 min read     Updated on 14 Sept 2025, 08:56 PM
scanx
Reviewed by
Naman SharmaScanX News Team
whatsapptwittershare
Overview

NTPC Ltd., India's leading power generation company, is expanding into nuclear energy through joint ventures and standalone projects. The company has formed a joint venture, Anushakti Vidhyut Nigam Ltd., with Nuclear Power Corporation of India Ltd (NPCIL), owning 49% stake. NTPC has also established a new subsidiary, NTPC Parmanu Urja Nigam Ltd., for standalone nuclear initiatives. The company's entry into nuclear energy is scheduled for December 2024, aiming to diversify its energy portfolio and contribute to India's clean energy goals. NTPC Group currently has an installed capacity of 82,926 MW across 106 stations.

19409176

*this image is generated using AI for illustrative purposes only.

NTPC Ltd. , India's leading power generation company, is set to make a significant foray into nuclear energy through a combination of joint ventures and standalone projects. This strategic move aims to diversify the company's energy portfolio and contribute to India's clean energy goals.

Nuclear Power Expansion Plans

NTPC's Chairman and Managing Director, Gurdeep Singh, revealed that the company is actively pursuing nuclear power projects. The expansion strategy includes:

  1. Collaborating with technology providers
  2. Partnering with state governments
  3. Exploring individual nuclear projects

This multi-pronged approach demonstrates NTPC's commitment to establishing a strong presence in the nuclear energy sector.

Joint Venture with Nuclear Power Corporation of India Ltd (NPCIL)

A key component of NTPC's nuclear strategy is the recently approved joint venture, Anushakti Vidhyut Nigam Ltd. The ownership structure of this venture is as follows:

Partner Ownership
Nuclear Power Corporation of India Ltd (NPCIL) 51.00%
NTPC Ltd 49.00%

This joint venture is tasked with building, owning, and operating nuclear power plants, leveraging the expertise of both partners.

New Subsidiary for Nuclear Operations

In addition to the joint venture, NTPC has established a new subsidiary, NTPC Parmanu Urja Nigam Ltd. This entity will focus on the company's standalone nuclear power initiatives, further solidifying NTPC's commitment to the nuclear energy sector.

Current Capacity and Future Outlook

NTPC Group currently boasts an impressive installed capacity:

  • Total Capacity: 82,926 MW
  • Number of Stations: 106
    • NTPC-owned: 53
    • Joint venture/subsidiary: 53
  • Energy Sources: Coal, liquid fuel, hydro, and solar

The entry into nuclear energy, scheduled for December 2024, marks a significant milestone in NTPC's journey towards expanding its non-fossil energy portfolio. This move aligns with the company's vision of providing clean baseload power and contributing to India's sustainable energy future.

Implications for India's Energy Landscape

NTPC's expansion into nuclear power is expected to have far-reaching implications for India's energy sector:

  1. Increased clean energy capacity
  2. Enhanced energy security
  3. Potential for technological advancements in nuclear power

As NTPC moves forward with its nuclear power plans, the company is poised to play a crucial role in shaping India's energy mix and supporting the country's transition to a low-carbon economy.

Historical Stock Returns for NTPC

1 Day5 Days1 Month6 Months1 Year5 Years
+0.20%+0.91%-2.47%+0.47%-18.07%+265.11%

NTPC Green Energy to Set Up Green Hydrogen Station at Tuticorin Port

1 min read     Updated on 08 Sept 2025, 07:26 AM
scanx
Reviewed by
Riya DeyScanX News Team
whatsapptwittershare
Overview

NTPC Green Energy, a subsidiary of NTPC Limited, has signed a Memorandum of Understanding (MoU) with VOC Port Authority to establish a green hydrogen fuelling station and introduce hydrogen-based mobility solutions at Tuticorin Port in Tamil Nadu. The partnership aims to develop hydrogen infrastructure and mobility solutions, including setting up a green hydrogen fuelling station and introducing hydrogen-powered vehicles for port operations. This initiative aligns with global efforts to decarbonize the maritime industry and positions Tuticorin Port as a pioneer in adopting clean energy alternatives for port operations in India.

18842205

*this image is generated using AI for illustrative purposes only.

NTPC Green Energy, a subsidiary of India's largest power generation company NTPC Limited, has taken a significant step towards promoting clean energy solutions in the maritime sector. The company has recently signed a Memorandum of Understanding (MoU) with VOC Port Authority to establish a green hydrogen fuelling station and introduce hydrogen-based mobility solutions at Tuticorin Port in Tamil Nadu.

Green Hydrogen Initiative at Tuticorin Port

The partnership between NTPC Green Energy and VOC Port Authority aims to develop cutting-edge hydrogen infrastructure and mobility solutions at the port facility. This collaboration marks a notable advancement in the integration of sustainable energy practices within India's port operations.

Key Highlights of the MoU

  • Green Hydrogen Fuelling Station: The agreement includes plans to set up a state-of-the-art green hydrogen fuelling station at Tuticorin Port.
  • Hydrogen-Based Mobility Solutions: The partnership will focus on introducing hydrogen-powered vehicles and equipment for port operations.
  • Infrastructure Development: Both parties will work together to create the necessary infrastructure to support hydrogen-based technologies at the port.

Implications for Sustainable Port Operations

This initiative aligns with the global push towards decarbonization in the maritime industry. By incorporating green hydrogen solutions, Tuticorin Port is positioning itself as a pioneer in adopting clean energy alternatives for port operations in India.

NTPC's Commitment to Green Energy

The MoU underscores NTPC's commitment to diversifying its energy portfolio and investing in sustainable technologies. Through its green energy subsidiary, NTPC is actively contributing to India's clean energy goals and supporting the transition to a low-carbon economy.

This strategic move by NTPC Green Energy not only demonstrates the company's focus on innovative clean energy solutions but also highlights its role in driving the adoption of hydrogen technology in various sectors of the Indian economy.

As the project progresses, it will be interesting to observe how this green hydrogen initiative at Tuticorin Port impacts the broader landscape of sustainable port operations and clean energy adoption in India's maritime sector.

Historical Stock Returns for NTPC

1 Day5 Days1 Month6 Months1 Year5 Years
+0.20%+0.91%-2.47%+0.47%-18.07%+265.11%
More News on NTPC
Explore Other Articles
331.70
+0.65
(+0.20%)