NTPC Targets 50 GW Nuclear Capacity by 2047, Evaluates SMRs

NTPC Ltd, India's largest power producer, aims to develop 50 GW of nuclear capacity by 2047. This target constitutes half of India's broader 100 GW nuclear objective and signifies a strategic shift for the state-run utility. Nuclear power is emerging as a key long-term growth option for NTPC to ensure clean, non-intermittent baseload electricity.

The company is collaborating with multiple international technology providers and simultaneously enhancing its in-house technical expertise. While actively evaluating Small Modular Reactor (SMR) technologies, NTPC does not foresee their widespread commercial deployment in the near term. The capital-intensive nuclear developments will operate under a cost-plus economic model, designed to mitigate financial risks associated with long project timelines and significant initial investments. The ultimate scale of these projects will also depend on state support for demand.

ACME Solar Commissions Hybrid Project in India

ACME Solar Holdings Ltd, through its subsidiaries, has commissioned 66.68 MW of solar capacity and 300 MWh of Battery Energy Storage System (BESS) capacity in Bikaner, Rajasthan, India. This development increases ACME Solar's total operational BESS capacity to 4.16 GWh and its total operational renewable energy generation to approximately 3,057 MW.

The newly commissioned solar capacity, brought online by ACME Renewtech Private Limited in Kelan Village, Bikaner, represents Phase-I of ACME Solar's first hybrid renewable energy development. This project combines 300 MW of solar capacity with 100 MW of wind power. The 66.68 MW commissioned in this initial phase accounts for over 22 percent of the total 300 MW solar component.

The hybrid project has secured a Power Purchase Agreement (PPA) with NTPC Limited and long-term project debt from PFC. ACME Solar anticipates commissioning the full 300 MW of solar capacity by the end of the third quarter of FY27. Additionally, ACME Greentech Seventh Private Ltd commissioned Phase-I of the storage infrastructure for its Firm and Dispatchable Renewable Energy (FDRE) project at the same site, providing 53.63 MW / 300 MWh of storage capacity out of a planned 300 MW / 1,581 MWh.

BHEL to Invest Rs 650 Million in Joint Venture NBPPL

Bharat Heavy Electricals Limited (BHEL) has approved a further equity investment of Rs 650 million in NTPC BHEL Power Projects Private Limited (NBPPL). NBPPL is a joint venture between BHEL and NTPC Limited, with each entity holding a 50 percent stake. The investment is scheduled to occur at face value in one or more tranches during the financial year 2026-27.

NBPPL was incorporated in April 2008. Its operations include undertaking engineering, procurement, and construction (EPC) contracts for power plants. Additionally, the joint venture is involved in the manufacturing of power plant equipment. Following this new investment, BHEL's shareholding in NBPPL will remain at 50 percent, maintaining the equal partnership structure with NTPC Limited.