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In an official communication, the company stated that while it routinely evaluates potential sites as part of its long-term growth and diversification strategy, no concrete steps have been taken toward establishing a nuclear power project in Bihar.
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State-run power major NTPC has clarified that it has not commenced any feasibility studies for setting up nuclear power units in Bihar’s Banka district, countering recent media reports.
In an official communication, the company stated that while it routinely evaluates potential sites as part of its long-term growth and diversification strategy, no concrete steps have been taken toward establishing a nuclear power project in Bihar.
NTPC emphasised that such exploratory activities are preliminary in nature and form part of its standard business planning process.
“These evaluations do not constitute a concluded or material event warranting disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015,” the company noted.
The clarification comes in response to reports claiming that NTPC was exploring two nuclear power units of 1,400 MW each in the Banka district.
The report had noted that NTPC officials are conducting a feasibility study for two 700-MW nuclear units in the district, located around 250 km from Patna, citing a givernment official.
The company reiterated its commitment to regulatory compliance, adding that any material developments will be disclosed in accordance with applicable norms.
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NTPC said it continues to assess multiple options across various states for potential nuclear projects, but underscored that no decision or feasibility exercise specific to Bihar has been initiated so far.
Shares of NTPC Ltd ended the day at ₹412.20 on the NSE, up ₹10.35 or 2.58%.
