The nuclear plant's site selection would be joint venture by Nuclear Power Corporation of India Limited (NPCIL) and NTPC, informed NTPC official.
He also stated that the two had recently signed an agreement for this purpose.
NTPC plans to set up three thermal power projects in Madhya Pradesh, out of which two of 1320 MW each would be set up in Gadarwara in Narsinghpur district and Khargone town and one of 4000 MW at Barheti in Chhatarpur district.
The site selection process for these three projects has been started, said the MD of NTPC.
He also claimed that NTPC plans to acquire coal mines in Indonesia and Australia in the coming years.