NTPC eyes robust 3-year capex growth, bets big on nuclear expansion

plans to invest Rs 87,661 crore in capex over three years, averaging Rs 29,223 crore annually. It aims to develop 30 GW of nuclear power by 2047, including the Mahi Banswara project and a new subsidiary, NTPC Parmanu Urja Nigam Limited. The company has identified 28 potential sites and signed MoUs with Madhya Pradesh and Chhattisgarh.