The NTPC would form a joint venture with Nuclear Power Corporation of India (NPCIL) for diversifying its efforts to generate nuclear energy. NTPC is the largest power generator of India and its board has approved the JV proposal with India’s only nuclear power producer. The joint venture is expected to come
Initially, the JV would set up a 2,000-MW nuclear power plant. The JV would boost the nuclear power generation capacity of India following the Nuclear Suppliers' Group waiver and Indo-US nuclear deal. India has set a target to produce about 20,000 MWe of nuclear power by 2020 and 36,000 MW by 2030.