The MoU establishes a framework for both companies to jointly assess the feasibility and approach for collaboration, including understanding EDF’s  European Pressurised Reactor (EPR) technology and its suitability for Indian requirements, exploring opportunities to maximize localization for large-scale deployment, examining economic and tariff aspects, developing human resource capabilities through training programmes, evaluating potential project sites, and providing technical support as mutually agreed, NTPC said in a stock exchange filing.
This initiative aligns with NTPC’s strategy to expand into clean, reliable energy and contribute to India’s long-term energy security, it said.
The MoU was signed by Arnada Prasad Samal, CGM (Nuclear Cell), on behalf of NTPC, and Vakisasi Ramany, Senior Vice President, International Nuclear Development, on behalf of EDF.
NTPC is India’s largest integrated power utility, currently operates more than 89 GW of installed capacity, with another 32 GW under construction.
The company has set a target to reach 149 GW of total capacity by 2032, including 60 GW from renewable energy sources. This includes a balanced mix of thermal, hydro, solar, and wind power plants, ensuring supply of reliable, afforadble and sustainable electricity to the country. Along with power generation, NTPC has ventured into various new business areas, including e-mobility, battery storage, pumped hydro storage, waste-to-energy, nuclear power, and green hydrogen solutions.
The union government has enacted the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act. The Act permits private companies to participate in India’s nuclear sector, enabling them to undertake plant operations, power generation, equipment manufacturing, and selected activities such as the fabrication of nuclear fuel including conversion, refining and enrichment of uranium-235 up to such threshold value, or production, use, processing or disposal of other prescribed substances.
India  has a long term target of achieving 100 GW nuclear energy capacity by 2047.
India’s present nuclear capacity stands at 8.78 GW and accounts for around 3 per cent of total electricity generation. With the indigenous 700 MW and 1000 MW reactors being developed through international cooperation, the capacity is projected to rise to 22.38 GW by 2031–32.
