Adani Power Establishes Subsidiary to Venture into Nuclear Energy Sector
Adani Power Expands into Nuclear Energy Sector
Adani Power, a leading energy company, has taken a significant step into the nuclear energy sector by incorporating a step-down subsidiary. The new entity, Rawatbhata-Raj Atomic Energy Limited (RRAEL), will be engaged in the generation, transmission, and distribution of electricity derived from nuclear sources.
According to an exchange filing on Monday, Adani Power's wholly-owned subsidiary Adani Atomic Energy Limited (AAEL) has incorporated RRAEL on April 20, 2026. The move comes as the Indian government aims to reach 100 GW of nuclear energy capacity by 2047 and has made legislative changes to encourage private players' participation in the sector.
India's current nuclear energy capacity stands in the range of 8-9 GW, presenting a significant opportunity for private entities to invest in the sector. Apart from Adani Power, several other companies, including Tata Power and Naveen Jindal Group, have announced plans to invest in nuclear energy.
Read also: Oshea Herbals Aims for Rs 650 Crore Revenue Amidst Expansion Efforts
Key Developments
| Entity | Current Nuclear Energy Capacity (GW) |
|---|---|
| Adani Power | 0 (via RRAEL) |
| Tata Power | N/A |
| Naveen Jindal Group | N/A |
| India | 8-9 |
Note: The nuclear energy capacity of Tata Power and Naveen Jindal Group is not publicly available.
Investor Takeaway
Investors should keep an eye on the nuclear energy sector as private players are expected to increase their participation.
More in Sector
Oshea Herbals Aims for Rs 650 Crore Revenue Amidst Expansion Efforts
Suzlon to Expand Business Scope Beyond Wind Energy, Invests Rs 500 Crore in New Subsidiary This Fiscal Year
SoftBank Sells Over 3% Stake in Lenskart Solutions for $373 Million
