NTPC, a government-owned company, is making big plans to start a nuclear energy project in Bihar. This will help the company grow its clean energy options. The news was announced by NTPC’s Chairman, Gurdeep Singh, at the ‘Bihar Business Connect 2024’ summit.
NTPC has asked the Bihar government for a piece of land to set up the nuclear project. Singh believes nuclear energy will be very important for the future, saying, “Nuclear energy is expected to be crucial in 20-30 years.” Before moving forward, NTPC will first check if the project is feasible.
In September, the Indian government approved a new venture called ASHVINI, which is a partnership between NTPC and NPCIL, to build and run nuclear power plants in India.
Aside from nuclear energy, Singh mentioned that NTPC also wants to explore solar energy projects, including rooftop solar, ground-mounted solar, floating solar, and energy storage solutions, aiming to have a large share of renewable energy in Bihar by 2032. Currently, NTPC’s capacity in Bihar is 8,850 MW, which is a huge investment of around Rs 80,000 crore.
The company is also looking to set up battery storage systems of around 3,000-4,000 MWh in Bihar. Additionally, Nabinagar Power Generating Company Ltd is working on a new 2,400 MW power project in the state.
Right now, NTPC has a total power capacity of 76,531 MW, which includes energy from coal, solar, wind, and other sources.
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