India’s Power Giant Will Turn to Nuclear in Climate Goal Chase

  • NTPC aims to add 20GW to 30GW nuclear capacity by 2040: person
  • Company will examine deploying small-scale, modular reactors
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NTPC Ltd., India’s top power producer, is planning to build a massive nuclear fleet that’ll aid the nation’s push to shift away from coal and curb emissions to hit net-zero by 2070.

The state-run company aims to install 20 to 30 gigawatts of nuclear capacity by 2040, according to a person familiar with the plans, who requested anonymity to discuss the private proposals and said the target remains tentative. India currently has 22 operational reactors with about 6.8 gigawatts of capacity.