NTPC will pursue its nuclear energy goals to set up power projects through both joint ventures and standalone projects, CMD Gurdeep Singh has confirmed. 

The company is collaborating with nuclear technology providers and state governments to identify opportunities, aiming to diversify beyond fossil fuels and strengthen its clean energy portfolio. Currently, NTPC Group has an installed capacity of 82,926 MW across coal, liquid fuel, hydro, and solar. Singh highlighted at the ‘Bihar Business Connect 2024’ summit that nuclear energy will play a vital role in the energy sector over the next 20–30 years.

In December 2024, NTPC had announced its strategic entry into nuclear power. The company has operationalised its joint venture with NPCIL—Anushakti Vidhyut Nigam (ASHVINI), where NPCIL holds 51 percent and NTPC 49 percent. Additionally, NTPC has established a new subsidiary, NTPC Parmanu Urja Nigam, reinforcing its long-term commitment to clean baseload power. This marks a significant step in India’s energy transition strategy.