The Adani Group has officially entered the nuclear energy sector by establishing a new wholly owned subsidiary under Adani Power. The new entity, named Adani Atomic Energy Limited (AAEL), will focus on the generation and supply of electricity produced from nuclear energy.
Experts view the move as a significant step toward the privatisation of India’s nuclear power industry.
AAEL will be 100 per cent owned by Adani Power, giving the group full control of the venture.
The announcement comes months after Parliament passed the SHANTI Atomic Energy Bill in December 2025, which aims to expand the use of nuclear energy for civilian purposes. The legislation modernises outdated statutes and permits private companies to participate in nuclear power generation, marking a major policy shift.
Previously, private players were barred from handling nuclear material for energy production due to infrastructure and security concerns. The new law is expected to help India achieve energy self-sufficiency in the coming decades, aligning with the Viksit Bharat @2047 vision.
Until now, only the state-owned Nuclear Power Corporation of India Limited (NPCIL) was authorised to build and operate nuclear power plants in the country.
Nuclear energy is gaining global momentum for its reliability, near-zero carbon emissions compared to coal and gas-based generation, lower long-term operational costs, smaller land footprint, and relatively simpler maintenance requirements.
Experts describe it as the future of sustainable power production, offering a cost-effective alternative to traditional plants that require massive upfront investments.