NTPC will now build a nuclear power station. Shares will grow. The plant for 2800 MW electricity will be operational this month

NTPC (National Thermal Power Corporation) is soon going to start work on its first nuclear reactor. The company's Chairman and Managing Director Gurdeep Singh has informed that work on this project will start in the next one month. For this, NTPC is looking for sites with various Indian states, where nuclear power projects can be set up.

NTPC's entry into nuclear energy
NTPC and NPCIL (Nuclear Power Corporation of India Limited) are jointly developing a 4×700 MW nuclear project. This project is going to start in Mahi Banswara, Rajasthan. Gurdeep Singh said that the foundation stone of this project will be laid within two months. NTPC has also decided to form a new subsidiary named “NTPC Nuclear Power Company”, which will further strengthen the company's role in this field in future.

Nuclear energy projects
NTPC and NPCIL have already entered into a joint venture agreement for the development of Indian designed 700 MW PHWR (Pressurised Heavy Water Reactor) reactors. The four units at Mahi Banswara are among the ten units that have already received administrative and financial approval for construction in “fleet mode”.

NTPC's entry into the nuclear energy sector is not only a big step for the country's energy sector, but its positive impact can also be seen on the company's shares. Nuclear energy is an important and stable energy source, which can provide stability to NTPC's income in the future. Nuclear energy projects have the potential to be profitable in the long term, and this will also increase the company's capacity.

Impact on NTPC shares:

Long-Term Profitability: Nuclear power projects are long-lasting and reliable. This can give the company a stable and long-term profit. This will increase the confidence of shareholders, which can increase the demand and price of the stock.
Government support: Government support to nuclear power projects increases confidence among investors. Government support assures investors that the company's plans are safe and have low risk.

Diversified Portfolio: NTPC's entry into nuclear energy will further diversify the company's portfolio. The company will no longer be dependent on thermal power alone, but its base will be broader. This may increase the stability of the company's shares.

Interest of new investors: NTPC's entry into this new sector may attract new investors, especially those looking for long-term growth.
Minor fluctuations in the short term: Since this is a new initiative and there may be uncertainty among investors about its success for some time, some fluctuations may be seen in the initial phase. But, this effect will reduce with the successful operation of the projects.

Potential opportunities for NTPC shares:
Leader in the energy sector: NTPC's foray into nuclear energy means that the company will play an even more prominent role in the country's energy sector, which will further increase its market share. Long-term investors can benefit greatly from this, as projects like nuclear energy give stable returns over a long period of time.