By vmg@gmail.com 
NTPC Shares Surge 4% as Company Explores International Partnerships for Nuclear Expansion
Shares of NTPC Ltd, India’s largest power generation company, jumped nearly 4% on Friday, January 2, after reports revealed that the PSU is actively exploring international partnerships to strengthen its nuclear power ambitions.
The stock touched an intraday high of ₹349.30, reflecting strong investor optimism around NTPC’s long-term diversification strategy and its role in India’s clean energy transition.
⚛️ NTPC’s Big Nuclear Vision
According to reports, NTPC plans to develop around 30 GW of company-owned nuclear power capacity across multiple locations in India. This move aligns with the Government of India’s target of achieving 100 GW of nuclear capacity by 2047.
Key highlights of NTPC’s nuclear roadmap:
- 🎯 Target: 30 GW nuclear capacity
- ⏳ Near-term goal: 2 GW capacity by 2032
- 🌍 Approach: Global technology and fuel partnerships
🤝 Global Collaborations Under Discussion
As per a PTI report, NTPC has already signed non-disclosure agreements (NDAs) with major international nuclear energy players:
🔹 Technology Partners
- Rosatom (Russia)
- EDF (France)
These discussions focus on deploying large pressurised water reactor (PWR) projects in India.
🔹 Small Modular Reactors (SMRs)
NTPC is also exploring collaboration with Holtec International for the deployment of Small Modular Reactors (SMRs).
Why SMRs matter:
- Modular and faster construction
- Enhanced safety features
- Suitable for phased and flexible deployment
- Ideal for future clean-energy needs
🔬 Thorium Fuel Investment on the Table
In another strategic move, NTPC is evaluating a minority equity investment in Clean Core Thorium Energy (CCTE), a US-based nuclear fuel company.
About CCTE’s Technology:
- Developed patented ANEEL fuel
- Uses thorium + enriched uranium
- Claimed compatibility with existing PHWR / CANDU reactors
- Investment subject to due diligence and regulatory approvals
This aligns with India’s long-standing interest in thorium-based nuclear energy.
🗺️ Potential Nuclear Project Locations
NTPC is currently assessing land options in several states, including:
- Gujarat
- Madhya Pradesh
- Bihar
- Andhra Pradesh
Final site selection will be done after approvals from the Atomic Energy Regulatory Board (AERB).
🏭 Existing Nuclear & Renewable Projects
- NTPC is already developing a nuclear power project in Rajasthan through a joint venture with NPCIL, with an estimated investment of ₹42,000 crore.
- The company recently commissioned 14 MW of solar capacity at Khavda, Gujarat.
- Total installed and commercial capacity at group level now stands at 85,637 MW.
📈 NTPC Share Price Performance
| Time Period | Performance |
|---|---|
| Intraday | ▲ 4% |
| 1 Month | ▲ 6% |
| 6 Months | ▲ 5% |
| 1 Year | ▲ 3% |
Key Stock Data:
- Current Price (2 PM): ₹348.90
- Market Capitalisation: ₹3.38 lakh crore
- 52-week High: ₹371.45 (March 25, 2025)
- 52-week Low: ₹292.80 (Feb 17, 2025)
🧠 Investor Takeaway
NTPC’s push into nuclear power, backed by global technology partnerships, positions the PSU as a key player in India’s long-term clean energy strategy. While execution and regulatory approvals remain crucial, the market appears optimistic about NTPC’s diversification beyond conventional thermal power.
For long-term investors, NTPC continues to offer:
- Strong PSU backing
- Stable cash flows
- Exposure to nuclear, solar, and renewable growth themes
⚠️ Disclaimer
This article is for informational purposes only and does not constitute investment advice. Please consult a certified financial advisor before making investment decisions.