NTPC has officially clarified its stance regarding media reports suggesting the development of two 1,400 MW nuclear power units in the Banka district of Bihar. The company confirmed that it has not yet commenced any feasibility studies for such a project. While NTPC is actively exploring various locations across India as part of its long-term growth and diversification strategy, any ongoing site evaluations remain at a preliminary and exploratory stage.
Response to Market Speculation
Following recent reports in various media outlets regarding a potential 1,400 MW nuclear power project in the Banka district of Bihar, NTPC issued a formal clarification on April 27, 2026. The company stated clearly that no feasibility studies have been initiated for this specific location, refuting the immediate development claims circulating in the market.
Strategic Growth and Future Outlook
NTPC emphasized that its business model involves continuous evaluation of multiple potential locations as part of its ongoing growth and diversification strategy. This process is standard for the company’s long-term planning efforts. While NTPC is indeed surveying various states to identify sites that meet the specific pre-requisites required for nuclear power infrastructure, these activities are purely preliminary and exploratory in nature. The company remains committed to transparent communication regarding its project developments as they progress beyond these initial stages.
Source: BSE