NTPC Explores Minority Stake in US Nuclear Tech Firm Clean Core Thorium Energy
3 hours agoBusiness
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NTPC Explores Minority Stake in US Nuclear Tech Firm Clean Core Thorium Energy

State-owned NTPC is in discussions to acquire a minority stake in US-based nuclear fuel technology firm Clean Core Thorium Energy (CCTE). This potential investment, subject to due diligence and approvals, aligns with NTPC's ambition to expand its nuclear power capacity to 30 GW. CCTE has developed a patented thorium and enriched uranium fuel, ANEEL, compatible with existing reactor types. NTPC is exploring various international collaborations to advance its nuclear energy goals.

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