NTPC, the state power firm and largest electricity producer in India plans to invest over the next two decades $62 billion in building 30 gigawatts (GW) of nuclear generation capacity, sources with direct knowledge of the matter have told Reuters. NTPC previously targeted to invest in 10 GW of nuclear capacity within two decades.
Early this month, the federal budget outlined plans for a significant push toward nuclear energy as part of India’s long-term energy transition strategy. The government now targets the country to have 100 GW of nuclear…India’s Top Power Firm to Invest $62 Billion in Nuclear Capacity
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