NTPC, EDF sign pact to explore nuclear projects in India

New Delhi: NTPC Ltd has signed a non-binding memorandum of understanding (MoU) with Electricite de France (EDF) to explore cooperation in developing new nuclear power projects in India.

The move follows approval from the concerned ministries and departments, NTPC said in a statement.

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The MoU sets a framework to jointly assess EDF's EPR technology for India, including localisation, project viability, tariff considerations, site evaluation, skill development through training, and provision of technical support, paving the way for potential large-scale nuclear deployment.

In January, ET had reported that the power generator had signed non-disclosure agreements with Russia's Rosatom and France's EDF to explore collaboration on deploying large, pressurized water reactor (PWR) projects in the country.

The agreements come around a time when India decided to change its laws to facilitate the entry of the private sector into the nuclear industry, and ease provisions on suppliers' liability that have kept foreign technology providers from participating in the sector.

Companies including ROSATOM, Korea Electric Power Company of South Korea, Westinghouse of US and EDF have shown interest in participating in India's nuclear energy sector.

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The state-owned power producer has experience in setting up large power plants and working in a joint venture with Nuclear Power Corporation of India (NPCI).

It has announced a target capacity of 30 GW by 2047- a major chunk of India's 100 GW roadmap for Viksit Bharat through its subsidiary NTPC Parmanu Urja Nigam.

NTPC is the only PSU, apart from NPCI, which is currently building a nuclear power plant.