NTPC has plans to set up a nuclear project in Bihar, a move which will increase its non fossil energy portfolio, the company's Chairman and Managing Director (CMD) Gurdeep Singh said on Thursday. NTPC has also requested the state government for a land parcel at a suitable location to take forward its nuclear plans, he said addressing a session at the 'Bihar Business Connect 2024' summit here.
«Looking at the future of the energy sector, nuclear (energy) is expected to become extremely important for the energy sector, 20-30 years down the line. I want to share that NTPC is now entering the nuclear energy space,» Singh said.
Without sharing any further details, he said NTPC will conduct a study before taking ahead the plans to set up the nuclear project in the state.
On September 11, the Indian government gave its approval to the Anushakti Vidhyut Nigam Ltd (ASHVINI), a joint venture of Nuclear Power Corporation of India Ltd — NPCIL (51 per cent) and NTPC (49 per cent) to build, own and operate nuclear power plants in India in accordance with provisions of the Atomic Energy Act.
Singh said, NTPC is also interested to work in the area of rooftop solar, ground mounted solar, floating solar, pumped storage and battery energy storage projects in the state.
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