With the establishment of its new subsidiary Adani Atomic Energy Limited Adani Power has officially started its operations in India’s nuclear energy sector which will enable the company to achieve its clean energy goals through this business expansion.
The new entity has been set up to generate, transmit and distribute electricity derived from nuclear or atomic energy. The subsidiary was established by the company with an initial capital of ₹5 lakh according to its Thursday regulatory filing.
The stock market recorded a 1.17% rise in Adani Power shares which closed at ₹150.85 after gaining ₹1.75 on Wednesday.
Move Follows SHANTI Act Reforms
The development comes two months after Parliament passed the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act, which opened India’s nuclear power sector to private participation for the first time.
The government operated Indian nuclear energy generation system between 1962 and 2010 according to the Atomic Energy Act. The SHANTI Act combines existing nuclear legislation with Civil Liability for Nuclear Damage Act (CLNDA) 2010 to enable private enterprises and state authorities to participate while maintaining protection for compensation and liability.
The government believes that permitting private companies to enter the market will speed up India’s transition to clean energy while enhancing the country’s energy security for the future.
30 GW Nuclear Ambition
Adani Power plans to establish three nuclear power plants which will generate 30 gigawatts (GW) of electricity during the upcoming decade. The company is evaluating which international companies will provide it with the necessary technology and expertise to operate its facilities.
The long-term business plan will develop nuclear power facilities to replace all existing thermal power operations according to sources who know the company’s plans.
The thermal power plants will undergo decommissioning according to a schedule that will follow the expiration of power purchase agreements (PPAs) according to previous information from sources.
The planned transition would enable the private company to implement its most ambitious project which involves converting its complete coal-based power generation system into nuclear energy.
Policy Push in Budget 2026-27
The Union Budget 2026-27 further strengthened the policy framework for nuclear expansion. The Finance Minister Nirmala Sitharaman announced that basic customs duty exemptions for nuclear power project imports would remain in effect until 2035, regardless of the capacity of the plants.
The Budget allocated ₹24,123.92 crore to the Department of Atomic Energy, including ₹9,966.41 crore for capital expenditure.
India currently maintains 8.7 GW of active nuclear power generation facilities which it plans to expand to 100 GW by 2047. The Economic Survey 2026 described the SHANTI Act as a major reform aimed at addressing intermittency challenges in renewable energy and enhancing energy security.
Strategic Shift in Energy Mix
Adani Power has decided to begin operations in nuclear energy because this business development will help India transition to low-carbon energy sources throughout the power sector. The growing use of renewable energy will require nuclear power to provide a constant basic energy support system for both solar and wind power production.
The upcoming decades will experience significant capacity expansion because of private sector involvement which now operates under regulatory standards and receives strong government support.
Adani Power has initiated a new stage in India’s development of nuclear energy through its recent business decision.
