Adani Power steps into nuclear energy sector with new atomic unit

Adani Power on Thursday announced the formation of a new atomic energy unit to generate, transmit, and distribute electric power derived from nuclear or atomic energy.

A regulatory filing with the stock exchange stated that Adani Power's 100% owned subsidiary, AAEL, was incorporated on February 11, 2026, with an authorised capital of ₹5,00,000—comprising 50,000 equity shares of ₹10 each.

The move comes two months after Parliament passed the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, which removed long-standing regulatory barriers and allowed corporate entry into the nuclear power sector. The law also positions India to increase its nuclear capacity to around 22,380 MW by 2031–32 and potentially 100 GW by 2047, according to government projections.

Adani Power, one of India's largest private thermal power producers, has been actively expanding across both conventional and clean energy segments. The incorporation of a dedicated nuclear subsidiary signals a strategic step toward diversifying into long-term, capital-intensive, low-carbon infrastructure, subject to regulatory approvals and evolving government policies.