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Researched by Industrial Info Resources (Sugar Land, Texas)--National Thermal Power Corporation (NTPC) (New Delhi, India) has selected Accenture Solutions (Dublin, Ireland) as the consultant for conducting feasibility studies on deploying small modular reactors (SMRs) at its aging coal-fired power plants. This makes NTPC the first Indian state-owned utility to formally explore SMRs--compact nuclear units with a capacity of up to 300 megawatts (MW).
The feasibility study will examine repurposing soon-to-be-retired coal plants by utilizing existing infrastructure such as land, water access and grid connectivity. Accenture will assess technical, financial and regulatory aspects, including safety zones and exclusion requirements.
This initiative aligns with India's long-term goal of expanding its nuclear energy capacity to 100 gigawatts (GW) by 2047, a significant leap from the current 8 GW. SMRs are seen as a scalable, low-emission solution to meet future power demands and decarbonize energy production.
NTPC's move is a part of its broader nuclear roadmap, which also includes plans for large-scale reactors totaling around 15 GW capacity. By exploring SMRs, India signals a strategic shift toward cleaner and more flexible nuclear technology.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
The feasibility study will examine repurposing soon-to-be-retired coal plants by utilizing existing infrastructure such as land, water access and grid connectivity. Accenture will assess technical, financial and regulatory aspects, including safety zones and exclusion requirements.
This initiative aligns with India's long-term goal of expanding its nuclear energy capacity to 100 gigawatts (GW) by 2047, a significant leap from the current 8 GW. SMRs are seen as a scalable, low-emission solution to meet future power demands and decarbonize energy production.
NTPC's move is a part of its broader nuclear roadmap, which also includes plans for large-scale reactors totaling around 15 GW capacity. By exploring SMRs, India signals a strategic shift toward cleaner and more flexible nuclear technology.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
