NTPC has issued Expressions of Interest (EoIs) to appoint global consultants for its proposed large-scale nuclear power projects based on pressurised water reactor (PWR) technology, as per The Economic Times news report.
The consultant will be responsible for preparing tender documents, assisting in bid evaluation, and supporting the contract award process. The company has set August 5 as the last date for submitting EoIs.
The consultant appointment is linked to NTPC's long-term nuclear expansion plans. The state-run power producer has said it intends to develop around 30 GW of nuclear power capacity.
It is also developing the Mahi Banswara Rajasthan Atomic Power Project through ASHVINI, its joint venture with the Nuclear Power Corporation of India (NPCIL), which is already under implementation.
This is the first such EoI issued by an Indian company after the SHANTI Act was enacted in December 2025. The legislation permits private sector participation in nuclear power generation and revises the liability provisions applicable to equipment suppliers.
The changes are part of the government's target of raising India's nuclear power capacity to 100 GW by 2047.
India's commercial nuclear power programme has so far relied mainly on pressurised heavy water reactors (PHWRs), the only reactor technology developed within the country. PWRs are the most widely used reactor design globally and are commonly deployed for large-capacity power stations.
In 2025, NTPC had invited global companies to explore the localisation of PWR technology and the development of nuclear projects with a combined capacity of around 15 GW.
NTPC has signed non-disclosure agreements with Russia's Rosatom and France's EDF to explore possible cooperation on future PWR-based projects.
Earlier reports had also indicated that the company was studying PHWR technology for some upcoming projects.
Read More: Apollo Micro Systems Share Price Falls Over 5%; Board Approves ₹3,322.23 Crore Fundraise!
As of July 7, 2026, 1:19 pm, NTPC Ltd. share price was trading at ₹354.55, down 0.45% from the previous closing price.
The consultant selection process is to support the preparation of tender documents and bid evaluation for NTPC's proposed PWR-based nuclear projects. The exercise follows the company's announced plans to expand its nuclear power capacity.
For daily market updates and regular stock market news in Hindi, stay tuned to Angel One's share market news in Hindi.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 7, 2026, 2:42 PM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
