NTPC and NPCIL had jointly collaborated to development of nuclear power plants
NTPC and NPCIL joint venture agreement: As a collaborative effort between NTPC and NPCIL, they come forward in May 1st ,signed the contact to develop nuclear power projects in the country.
NTPC and NPCIL joint venture agreement:
NTPC and NPCIL joint venture agreement:What is significant in the Nuclear Agreement?
NTPC and NPCIL joint venture agreement had jointly joined to focus on developing 2 pressurized heavy water reactor (PHWR) projects: the Chutka Madhya Pradesh Atomic Power Project (2×700 MW) and the Mahi Banswara Rajasthan Atomic Power Project (4×700 MW). NTPC, which is India’s largest public sector company in nuclear power is aiming at generate 2,000 MW of nuclear energy by 2032, 4,200 MW by 2035, and eventually scale up to 20,000 MW by 2050. The 2 program will be implemented under the banner ASHVINI, where Chutka project expected cost approximately Rs. 25,000 crore, while the Mahi Banswara project will cost approximately Rs. 50,000 crore.The 10 reactors approved by the Indian government will be installed at four locations, with two each at Kaiga (Karnataka), Gorakhpur (Uttar Pradesh), and Chutka (Madhya Pradesh). Four other reactors will be installed at Mahi Banswara (Rajasthan).
NTPC and NPCIL joint venture agreement: Conclusion
The recent update of nuclear plant collaboration between NTPC and NPCIL will join the venture, which will not only explore what nuclear capability we have as a country, but soon it will promote present infrastructure of the nuclear power of the country.
What is the joint venture agreement between NTPC and NPCIL?
NTPC and NPCIL (Nuclear Power Corporation of India Limited) have entered into a joint venture agreement to collaborate on the development of two pressurized heavy water reactor (PHWR) projects in India. The projects are the Chutka Madhya Pradesh Atomic Power Project (2×700 MW) and the Mahi Banswara Rajasthan Atomic Power Project (4×700 MW).
What is the ASHVINI program?
The ASHVINI program is the banner under which the Chutka Madhya Pradesh Atomic Power Project and the Mahi Banswara Rajasthan Atomic Power Project will be implemented. These projects are part of the joint venture agreement between NTPC and NPCIL.
