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Nuclear Power Collaboration: NTPC Signs Pacts with Rosatom, EDF for PWR Projects

Written by: Team Angel OneUpdated on: 2 Jan 2026, 4:10 pm IST
NTPC signs agreements with Rosatom and EDF to explore Pressurised Water Reactor projects, focusing on tech evaluation and indigenisation.
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As per Economic Times report, NTPC, India's largest power producer, has entered into non-disclosure agreements with Russia's Rosatom and France's EDF to explore collaboration on large-scale Pressurised Water Reactor (PWR) projects. These agreements come as legislative reforms ease private sector entry into the nuclear energy sector in India. 

NTPC Evaluates PWR Technology with Global Partners 

NTPC’s agreements with Rosatom and EDF cover the end-to-end lifecycle of nuclear projects. This includes concept development, engineering, procurement, and commissioning activities. A key objective is indigenising nuclear technologies to suit domestic capabilities and regulatory frameworks. 

These collaborations will assist NTPC in assessing the design specifications of various PWR technologies. This analysis will be vital for framing tenders that can qualify global nuclear technology providers for participation. 

Policy Changes Encourage Global Participation 

The Government of India has recently amended laws governing nuclear energy to lower barriers for private sector involvement. Specifically, changes were made to provisions around suppliers’ liability, a factor that had discouraged international partnerships in this field. 

These reforms aim to attract companies like Rosatom, Westinghouse, Korea Electric Power Company and EDF. NTPC’s move aligns with this policy shift and seeks to bring advanced nuclear technologies into India’s energy mix. 

Read More: Grew Solar Bags ₹2,000 Crore Solar Module Order from NTPC Renewable Energy! 

NTPC’s Nuclear Ambitions and Expansion Plans 

Currently, NTPC is developing the Mahi Banswara Rajasthan Atomic Power Project through ASHVINI, its joint venture with Nuclear Power Corporation of India Limited (NPCIL). NTPC is the only PSU apart from NPCIL undertaking such projects. 

Through NTPC Parmanu Urja Nigam, the public sector firm targets a nuclear power generation capacity of 30 GW by 2047. The company had invited expressions of interest in March 2025 for a 15 GW nuclear build-out plan, with land and water site studies initiated at over 30 locations across India. 

Broadening Technological Portfolio with SMRs 

Beyond large PWRs, NTPC is also exploring Small Modular Reactors (SMRs) in collaboration with Holtec International. SMRs offer benefits such as enhanced safety, scalability and modular construction, making them suitable for phased deployment. 

NTPC Share Price Performance  

As of January 02, 2026, at 9:21 AM, NTPC share price on NSE was trading at ₹337.90 up by 0.48% from the previous closing price. 

Conclusion 

NTPC’s agreements with Rosatom and EDF reflect its strategy to integrate international nuclear technologies into India's energy framework. With support from recent policy changes, these early-stage collaborations may shape the landscape of India's evolving nuclear power sector. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or 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: Jan 2, 2026, 10:40 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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