NTPC Limited has informed the Exchange regarding 'Clarification on Market Rumour pursuant to SEBI (LODR) Regulations, 2015'.
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NTPC has clarified media reports claiming the company was exploring two nuclear power units of 1,400 MW each in Bihar's Banka district. The company stated it has NOT commenced any feasibility studies for a nuclear project in Bihar. NTPC confirmed it continuously evaluates multiple options and locations as part of its long-term growth and diversification strategy, including exploring locations in Bihar for potential nuclear projects. However, these activities are described as preliminary and exploratory, and do not constitute a material event requiring disclosure under SEBI regulations. The filing is a routine compliance response to address a specific market rumor.
No immediate impact on shareholders. The clarification essentially denies a concrete nuclear project in Bihar for now, though it confirms NTPC is considering nuclear expansion as part of future growth planning. Investors should not interpret this as a near-term investment decision.