The 30-year old full-back has not played since August 2012 after sustaining successive serious knee injuries but will be in the squad for Sunday's visit of Tottenham which is a major thrill for Pardew.
"Ryan should return this week," Pardew said.
"It's an inspirational story. I'm so pleased to put his name on the sheet to travel."
Taylor joined Newcastle from Wigan Athletic in 2009 and has made 91 appearances for the St James' Park club since.
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