NTPC

Nuclear Pivot: SMRs Could Spark a Stock Re-Rating by June 2025

is actively progressing towards integrating Small Modular Reactors (SMRs) into its energy portfolio. In April 2025, the company invited bids from consultants to conduct feasibility studies for deploying SMRs at its older coal-fired power plants. This initiative aligns with India's target of achieving 100 GW of nuclear capacity by 2047. While specific dates for pilot SMR site announcements or formal Memorandums of Understanding (MOUs) with global nuclear technology firms have not been disclosed, such developments are anticipated in the near future. Should NTPC announce pilot SMR locations, sign MOUs with international partners, or receive policy incentives by June 2025, these milestones could positively influence investor sentiment and potentially lead to a re-rating of NTPC's stock.