Adani Power launched Adani Atomic Energy Limited, a wholly owned subsidiary, to generate, transmit, and distribute nuclear power, marking a bold step into India’s newly liberalized atomic sector.
Strategic Move Post-SHANTI Bill
This follows Parliament’s passage of the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, enabling private firms to participate alongside state-run entities like Nuclear Power Corporation of India Ltd (NPCIL). Adani aims to build up to 30 GW capacity, potentially replacing thermal plants as power purchase agreements expire.
Expansion Plans and Partnerships
The group eyes small modular reactors (SMRs), discussing 1,600 MW projects in Uttar Pradesh via public-private partnerships, with NPCIL operating plants and Bhabha Atomic Research Centre aiding designs. This supports surging demand from AI data centers, backed by Adani Green Energy’s renewables.
India’s Nuclear Ambitions
With current capacity at 8.8 GW, India targets 100 GW by 2047 for clean energy security. Adani’s ₹5 lakh initial investment positions it as a pioneer in this guarded sector.
