NTPC Plans 1,400 MW Nuclear Power Project in Bihar's Banka District
NTPC exploring two nuclear power units of 1,400 MW in Bihar's Banka
Business Standard
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NTPC, a state-owned power company in India, is planning to establish two nuclear power units of 700 MW each in Banka district, Bihar, with an estimated investment of ₹25,000 crore (approximately $3 billion USD). The project aims to diversify energy sources and support India's goal of achieving 100 GW of nuclear capacity by 2047.
- 01NTPC is planning to set up two nuclear units of 700 MW each in Banka district, Bihar.
- 02The estimated investment for the project is around ₹25,000 crore (approximately $3 billion USD).
- 03A feasibility study is currently underway, with a detailed project report to follow.
- 04NTPC aims to develop around 30 GW of nuclear capacity across India by 2047.
- 05The Bihar government has pledged full support for the project, including land and water availability.
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NTPC (National Thermal Power Corporation), a state-owned power utility in India, is exploring the establishment of two nuclear power units, each with a capacity of 700 MW, in Banka district, Bihar. This project is part of NTPC's broader energy diversification strategy and is expected to require an investment of approximately ₹25,000 crore (around $3 billion USD). Currently, NTPC officials are conducting a feasibility study, with initial estimates indicating that 1,000 acres of land will be needed for the project. The Bihar government has assured full support, including water availability. NTPC is also working towards achieving a total of 30 GW of nuclear capacity across various locations in India, in line with the government's goal of reaching 100 GW of nuclear power by 2047. Additionally, NTPC is involved in a joint venture with the Nuclear Power Corporation of India Ltd (NPCIL) to set up another nuclear project in Rajasthan, with an investment of about ₹42,000 crore (approximately $5 billion USD). The company has diversified its energy portfolio to include coal, gas, hydro, and solar power.
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The establishment of the nuclear power units could lead to job creation and increased energy security in the region, benefiting local communities and businesses.
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