In the year 1967, the Power Project Engineering Division (PPED), a unit of DAE, was formed for the purpose of designing, constructing and operating nuclear power plants. In 1984, PPED was converted into Nuclear Power Board (NPB) with substantial powers delegated to it. In September 1987, the NPB transformed into Nuclear Power Corporation of India Ltd (NPCIL) with the aim of shifting experimental Nuclear Power to the commercial domain.
At the time of NPCIL's formation in 1987, all the assets and liabilities, except Rajasthan Atomic Power Station (RAPS-1), of the erstwhile Nuclear Power Board were transferred to NPCIL.

As the architect of the Indian Atomic Energy Programme, we salute the great scientist Dr. Homi Jehangir Bhabha, for showing us the way to Nuclear Energy.
Phases of Growth

DEMONSTRATION PHASE

Set up with imported technology and what was India's first nuclear power station consisting of 2 Boiling Water Reactors, the Tarapur Atomic Power Station Units 1&2 commenced commercial operation in the year 1969. This was the first nuclear power station in Asia, outside the then Soviet Union. The Tarapur experience helped to gain familiarity with integrating nuclear power reactors with the Indian grid system. Next, in collaboration with Canada, the first Pressurised Heavy Water Reactors (PHWRs) were set up in Rajasthan (RAPS-1&2).

TECHNOLOGY DEVELOPMENT PHASE
Subsequently, we made it a policy to develop the programme in an indigenous fashion. The entire technology for nuclear power plant, such as, the construction of reactor equipment, steam generators, end shields, instrumentation , controls and the like , were all developed by the Indian industry and different units of DAE.

STANDARDISATION PHASE
Having developed the required technology indigenously, efforts were made to standardize it for repetition and duplication at newer sites thereby reaping the benefits of the standardization.

COMMERCIAL PHASE
Today, we stand at the helm of affairs with confidence emanating from our long years of experience and expertise, geared to enter the commercial era of nuclear technology.
 
NPCIL Today

Presently, NPCIL is a public sector enterprise of the Department of Atomic Energy, Government of India. Incorporated in September 1987 as a Public Limited Company under the Companies Act 1956, NPCIL's function is to operate the atomic power stations and implement new atomic power projects for the generation of electricity within the framework of the Atomic Energy Act, 1962.

The rationale for its formation was to induce operational flexibility and ease in raising financial resources from the capital market to finance its growth in capital expenditure towards establishing new plants. The authorized share capital of the Company is Rs.15, 000 crores of which Rs.10, 145 crores is paid up as on 31st March 2007 and is fully subscribed by the Government of India.

Today, the Company has 17 nuclear power reactors in operation including RAPS-1 owned by the DAE, and has more than 260 reactor years of safe nuclear power plant operating experience to its credit.