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Modi’s Nuclear Push Gains Traction With New Plants on Way

  • NTPC aims to develop atomic plant in India’s Madhya Pradesh
  • India sees nuclear as key to energy transition away from coal
Modi is aiming to more than triple India’s nuclear fleet over the next decade to expand the share of electricity from cleaner sources, as the nation seeks to zero out carbon emissions by 2070. 

Modi is aiming to more than triple India’s nuclear fleet over the next decade to expand the share of electricity from cleaner sources, as the nation seeks to zero out carbon emissions by 2070. 

Photographer: T. Narayan/Bloomberg
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India’s largest power producer is looking to develop another massive nuclear project just weeks after announcing its entry into the sector, a sign that Prime Minister Narendra Modi’s expansion into atomic energy is gaining momentum.

A venture between NTPC Ltd., which relies mostly on coal to supply energy to the world’s fastest growing population, and India’s monopoly nuclear developer is in advanced talks with the government to develop two 700-megawatt reactors in the central state of Madhya Pradesh, according to people familiar with the matter, who asked not to be identified as the discussions aren’t public.