Energy
Top India Utility Backs Local Reactors to Meet 2047 Nuclear Goal
The NTPC Ltd. logo on a building in Noida, Uttar Pradesh, India.
Photographer: Anindito Mukherjee/BloombergNTPC Ltd., India’s largest power producer, said it would favor domestic reactor technology for its nuclear portfolio, and cautioned against over-dependence on a single innovation or source in order to fend off risks to supply chains.
“India should prioritize control over technology and resources, even if domestic options are 5-10% costlier at initial stage, to avoid the supply chain vulnerabilities currently seen globally,” the state-run company’s Chairman Gurdeep Singh said at a workshop organized by the Power Ministry, according to an official note.