The Indian government has approved a joint venture between the Nuclear Power Corporation of India Limited (NPCIL) and the National Thermal Power Corporation (NTPC) to construct four 700 MWe nuclear power plants in Mahi Banswara, Rajasthan. Named Anushakti Vidyut Nigam Limited (ASHVINI), this venture will allow for the building, ownership, and operation of nuclear facilities under Indian law, with NPCIL holding a 51% stake. The project will utilize Pressurized Heavy Water Reactors (PHWR) and aims to significantly boost India’s nuclear power capacity from the current 8,180 MW to 22,800 MW by 2031-32. This initiative supports India’s goal of achieving Net Zero emissions by 2070, marking a significant step in expanding the country’s renewable energy resources.
The Indian government has recently approved an exciting new venture to enhance its nuclear power capabilities. In a significant move, the Nuclear Power Corporation of India Limited (NPCIL) and the National Thermal Power Corporation (NTPC) will collaborate to construct four 700 Megawatt (MWe) nuclear power plants in Mahi Banswara, Rajasthan. This partnership, named Anushakti Vidyut Nigam Limited (ASHVINI), aims to boost the country’s energy production and is part of India’s commitment to achieving ambitious renewable energy goals.
The Department of Atomic Energy has officially handed over the approval for ASHVINI to both NPCIL and NTPC. With this agreement in place, ASHVINI will be responsible for the construction, ownership, and operation of these new nuclear power plants. NPCIL will hold a 51% stake in the joint venture, which underscores the importance of this collaboration in facilitating resource pooling and financial backing.
The planned project will utilize Pressurized Heavy Water Reactors (PHWR) and is a crucial step towards meeting India’s target of expanding its nuclear power capacity to 22,800 MW by the year 2031–32, a notable increase from the current capacity of 8,180 MW. This expansion is essential for the country to achieve its Net Zero target by 2070, highlighting a growing focus on sustainable energy sources in India’s energy strategy.
With this approval, the future of nuclear power in India looks promising, as ASHVINI will play a pivotal role in helping India transition towards cleaner energy solutions.
Tags: Nuclear Power, NPCIL, NTPC, ASHVINI, Energy Expansion, Rajasthan, Clean Energy, India News, Nuclear Energy News
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What is the NPCIL-NTPC JV?
The NPCIL-NTPC JV is a joint venture between two companies, Nuclear Power Corporation of India Limited (NPCIL) and National Thermal Power Corporation (NTPC), to build nuclear power plants. -
Where will the new nuclear plants be built?
The new nuclear plants will be built in Rajasthan, India. -
Why is the government supporting this project?
The government supports this project to increase clean energy production, reduce carbon emissions, and meet the growing energy demand in the country. -
How many nuclear plants are planned in this project?
The specific number of nuclear plants has not been mentioned, but it is part of a larger effort to expand nuclear power capacity in India. - When is the project expected to start?
The timeline for the project has not been specified yet, but it will take a few years from planning to construction and operation.
