BNEF Summit
India has equipment for nuclear power but lacks manpower, say power companies
This story was originally published at 14:45 IST on 22 August 2025
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--NTPC Singh: In talks with cos, consultants for setting up nuclear plant
--CONTEXT: Comments by NTPC CMD Gurdeep Singh at BloombergNEF event
--NTPC Singh: India will need lot of manpower capacity for nuclear energy
--Tata Power CEO: Need to put safety norms in place before going nuclear
--Tata Power: Huge space for nuclear power, to replace thermal plants
--Context: Comments by Tata Power CEO Praveer Sinha at BloombergNEF event
--Tata Power CEO: Nuclear power to dominate power space for next 20 years
--Tata Power CEO: Time for nuclear plants in India has come
NEW DELHI – India currently has most equipment needed to adequately set up nuclear power plants in the country but the availability is not at scale, Praveer Sinha, managing director and chief executive officer of Tata Power Ltd., said at BNEF Summit Friday. NTPC Ltd.'s chairman and managing director Gurdeep Singh said India needs lot more manpower capacity to set up nuclear plants.
"The time for nuclear power in India is here, it will dominate (the power space) for the next 20 years," Sinha said. The policymakers need to start taking baby steps to ramp up nuclear power capacity in India, he said.
Detailed safety norms along with dedicated spaces for setting up nuclear infrastructure is also needed, Sinha added.
"The space for nuclear is huge and especially the space which will be left by (coal-run) plants that they decommissioned after their useful life, I think that is the space that nuclear will take over," Sinha said.
According to Singh, NTPC is already in talks with power companies as well as international consultants for ramping up their nuclear plant capacity. "We are now picking up these new (nuclear) projects. As we move to 2036-37, I think every year we will be able to add not just 4 gigawatt, but we should not be surprised if we can touch up to almost 10 (gigawatt) per year after that," Singh said.
NTPC and the Nuclear Power Corp. of India earlier this year signed an agreement to restructure their joint venture Anushakti Vidhyut Nigam Ltd. which facilitates the transfer of Mahi Banswara Rajasthan Atomic Power Project. Singh said the plant could be commissioned by 2030-31.
The country currently has a nuclear capacity of 8,180 megawatt as of Jan. 30, according to a press release by the Department of Atomic Energy. The Union Budget 2025-26 (Apr-Mar) has outlined a push towards nuclear energy as part of India's long-term energy transition strategy. The government has set an ambitious target to achieve 100 gigawatt nuclear power capacity by 2047. End
Reported by Pallavi Singhal and Anand JC
Edited by Akul Nishant Akhoury
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