Adani Power forms subsidiary for nuclear energy business

Adani Power Limited has incorporated Adani Atomic Energy Limited as a wholly owned subsidiary on February 11, 2026, marking its formal entry into the nuclear energy segment.

Adani Atomic Energy has been registered in India with a mandate to generate, transmit, and distribute electricity derived from nuclear and atomic energy sources. According to the exchange filing, the company has an authorised capital of Rs 5,00,000, divided into 50,000 equity shares of Rs 10 each. The entire share capital has been subscribed by Adani Power through cash consideration, making the entity a wholly owned subsidiary and a related party of the listed company.

The incorporation follows media reports since late 2025, indicating that the Adani Group is evaluating a significant entry into India’s nuclear power sector. Reports have stated that Adani Power is considering replacing up to 30 GW of its thermal power capacity with nuclear generation, potentially in partnership with international technology providers.

According to one report, the Adani Group has initiated discussions with the Uttar Pradesh government to set up eight 200-MW small modular reactors in the state. State authorities are yet to identify a suitable riverside site, which is required to ensure uninterrupted water supply for reactor operations.

The Adani Group joins other Indian conglomerates, including the Tata Group, Reliance Industries, and the JSW Group, that are positioning themselves for participation in the country’s civilian nuclear energy sector. The incorporation of Adani Atomic Energy Limited represents a formal step toward operationalising these plans, with further clarity expected on regulatory processes, technology partnerships, and site selection.

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