NTPC Limited is in advanced discussions to acquire a minority stake in Clean Core Thorium Energy (CCTE), a US-based company focused on next-generation nuclear fuel technologies. Through this move, NTPC aims to strengthen its footprint in the global nuclear energy ecosystem while gaining access to advanced fuel innovation.
Part of a Broader Nuclear Strategy
Importantly, the potential investment aligns with NTPC’s long-term strategy to expand its nuclear portfolio. By partnering with international technology players such as CCTE, the company is positioning itself to adopt cutting-edge solutions that can support safe, efficient, and sustainable nuclear power generation.
Expanding Global Partnerships to Meet Capacity Goals
Sources indicate that NTPC is also exploring additional international collaborations to further enhance its nuclear capabilities. As reported by devdiscourse.com, the efforts support the company’s ambition to set up around 30 GW of nuclear power capacity. In turn, this target will play a critical role in advancing India’s broader goal of achieving 100 GW of nuclear energy capacity by 2047.
