Article

Adani Power has established a wholly owned subsidiary, Adani Atomic Energy Limited, to engage in nuclear energy generation, transmission, and sales. This marks a strategic diversification for the company, historically focused on thermal power, into the nuclear sector.

With government reforms facilitating private investment, Adani aims to support India's goal of achieving 100GW of nuclear power by 2047. The 2026-27 Union Budget includes tax incentives for nuclear project imports, encouraging private sector investment in nuclear energy. The venture is currently at an early stage with a modest initial investment, indicating long-term growth potential in nuclear generation.