| The MoU establishes a framework for both companies to jointly assess the feasibility and approach for collaboration, including understanding EDF’s EPR technology and its suitability for Indian requirements; exploring opportunities to maximize localization for large-scale deployment; examining economic and tariff aspects; developing human resource capabilities through training programs; evaluating potential project sites; and providing technical support as mutually agreed.
“This initiative aligns with NTPC’s strategy to expand into clean, reliable energy and contribute to India’s long-term energy security,” the company said in a statement.
NTPC, along with its subsidiaries/associates & JVs, is primarily involved in the generation and sale of bulk power to state power utilities. Other business of the group includes providing consultancy, project management & supervision, energy trading, oil & gas exploration, and coal mining.
The company reported an 8.27% increase in consolidated net profit to Rs 5,597.05 crore, supported by a 1.72% rise in net sales to Rs 45,845.68 crore in Q3 FY26 over Q3 FY25. |