Joining the growing list of companies trying to tap the opportunity that is bound to arise out of a possible Indo-US nuclear deal, NTPC has drawn up plans to enter nuclear power generation by setting up a 2,000 megawatt (mw) project.
In a report submitted to the Ministry of Power, NTPC, which has one-fourth of India’s installed power capacity, said it would operationalise the project within the next decade in two phases of 1,000 mw each.
“Power generation from nuclear plants is a part of our corporate plan,” said a top official of NTPC, which was earlier called National Thermal Power Corporation with a mandate to run coal or gas based power plants.
The company has initiated discussions with the Atomic Energy Commission (AEC) for identifying nuclear fuel availability. Thereafter, NTPC would locate the nuclear plant, said the same official on condition of anonymity.