NTPC looks to acquire uranium assets overseas to ensure fuel for future nuclear projects

NTPC, India's power giant, is venturing into overseas uranium asset acquisition to secure fuel for its future nuclear projects. Approved by the board, a draft MoU with UCIL will facilitate joint due diligence. This move supports NTPC's expansion into nuclear energy through ventures like ASHVINI and NPUNL, aligning with India's goal of 100 GW nuclear capacity by 2047.