NTPC to invest $62 bn in 30 GW nuclear power expansion over 20 years

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It is also in the process of seeking early approvals for land in eight states for detailed studies in 27 locations, said the sources, after public resistance and acquisition issues have hobbled the country's atomic energy ambitions.

Indian Finance Minister Nirmala Sitharaman has proposed amending the two Acts, and promised 200 billion rupees ($2.30 billion) for the research and development of SMRs, at least five of which will be operational by 2033.(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.

State-run Nuclear Power Corp of India is currently the sole operator of the country's nearly 8 GW capacity, aiming for an increase to 20 GW by 2032.

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Category: BusinessFinance

Markets: IndiaFranceUnited States

Topics: Renewable energy NTPC nuclear power projects NTPC Nuclear power

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-17 @ 16:46:40 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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