NTPC Invites Worldwide Bidders For 15 GW Nuclear Assignment; Holtec Cleared For india Partnership
India's main energy era organization, NTPC, has floated a smooth invitation to worldwide companions to construct nuclear reactors with a mixed capability of around 15 gigawatts.
In the tender, the state-owned company sought partners to establish nuclear energy vegetation using pressurized water reactor (PWR) generation and additionally decided to a lifetime delivery of nuclear gasoline, stated Reuters.
NTPC specified that bidders have to possess clearance from their domestic united states government and follow indian guidelines, which include securing a license for the proposed era.
Presently, the Nuclear electricity Company of india Ltd. (NPCIL) operates the kingdom's eight GW nuclear ability, with a target to reach 20 GW by way of 2032 and an formidable intention of one hundred GW by 2047.
India-US civil nuclear deal
India's nuclear zone has long been governed through the Atomic Energy Act of 1962, which prohibits personal funding in nuclear electricity plants.
But, in February, the authorities announced plans to amend India's nuclear liability regulation in addition to the Atomic Energy Act, as sure clauses have emerged as hurdles inside the implementation of the civil nuclear deal.
For the duration of top minister Narendra Modi's visit to Washington, the two nations issued a joint declaration on renewed nuclear cooperation to "completely understand" the United States-India 123 Civil Nuclear Agreement.
"The leaders introduced their commitment to absolutely understand the United States-India 123 Civil Nuclear settlement by means of shifting forward with plans to work together to construct US-designed nuclear reactors in india through massive-scale localization and possible technology switch," in line with a joint India-US assertion.
Holtec receives US nod
The NTPC gentler additionally follows a recent regulatory milestone within the US, in which the Department of Energy (DoE) accredited Holtec international, an American company, to switch small modular reactor (SMR) generation to India.
Holtec, promoted by Indian-American Kris P. Singh, obtained approval on march 26, 2025, to collaborate with 3 indian non-public entities—its nearby subsidiary Holtec Asia, Tata Consulting Engineers Ltd. (TCE), and Larsen & Toubro Ltd. (L&T)—beneath strict situations.
The authorization, legitimate for 10 years with 5-year critiques, calls for adherence to international Atomic Energy Agency (IAEA) safeguards and prohibits the usage of the generation for military functions or nuclear weapons.
NPCIL, NTPC, and the Atomic Energy Regulatory Board (AERB) had been excluded as direct quit-customers as the authorities of india did not provide the requisite non-proliferation assurances for these 3 state-owned entities, mentioned the indian specific.
Holtec may, in due course, request to amend this authorization to feature NPCIL, NTPC, and AERB as authorized end customers, in line with the file.
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