NTPC Limited has entered into a strategic partnership with France-based Électricité de France (EDF) to explore opportunities in nuclear power development.
The non-binding Memorandum of Understanding (MoU) reflects NTPC’s continued push towards diversifying its energy mix while strengthening its role in India’s long-term clean energy transition.
The agreement establishes a collaborative framework for both companies to assess the feasibility of developing nuclear power projects in India.
The partnership will involve studying EDF’s advanced EPR (European Pressurised Reactor) technology and analysing its suitability within the Indian operating and regulatory environment.
The collaboration also includes identifying ways to enhance localisation for large-scale deployment, which is expected to support cost efficiency and domestic value creation.
Beyond technology evaluation, the MoU outlines a broader scope of cooperation covering financial viability, tariff structures, and potential project locations.
Both companies will work together to assess economic aspects and ensure practical execution feasibility.
Another key focus area is the development of human capital, with training programmes aimed at building specialised capabilities required for nuclear energy projects.
Additionally, the partnership will facilitate technical support and knowledge exchange between the two organisations.
This collaboration aligns with NTPC’s strategy of expanding beyond conventional power generation into cleaner and more sustainable energy sources.
The company currently operates over 89 GW of installed capacity, with an additional 32 GW under construction.
NTPC has set an ambitious target of reaching 149 GW capacity by 2032, including 60 GW from renewable sources.
Alongside this, it is actively exploring emerging energy segments such as green hydrogen, battery storage, pumped hydro, and nuclear power.
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As of 08 April 2026, at 3:30 PM, NTPC share price iclosed at ₹373 per share, reflecting a surge of 1.13% from the previous closing price.
NTPC’s collaboration with EDF marks a strategic step towards integrating nuclear energy into its long-term growth roadmap, reinforcing its position as a key contributor to India’s evolving energy landscape.
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Published on: Apr 9, 2026, 9:12 AM IST
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