Adani Group enters nuclear power sector

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Indian billionaire businessman and laminitis  and president  of the Adani Group, Gautam Adani. File

Indian billionaire businessman and laminitis and president of the Adani Group, Gautam Adani. File | Photo Credit: Reuters

The Adani Group announced its introduction into the atomic powerfulness assemblage connected Thursday (February 12, 2026), via a regulatory filing. This is the archetypal lawsuit of a large powerfulness institution successful India doing so, pursuing the transition of the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act successful December.

“We privation to pass you that Adani Power Limited (APL) has incorporated a wholly owned subsidiary — Adani Atomic Energy Limited,” the institution said, successful a announcement to the National Stock Exchange of India connected February 12. It did not connection immoderate details connected the nonstop quality of the group’s plans.

The Hindu reached retired to Adani Power for much details but did not person a remark earlier the clip of publication.

New law

The SHANTI Act, which was passed by some Houses of Parliament successful December, replaces the Atomic Energy Act and allows backstage companies to run atomic powerfulness plants successful India. It besides allows specified companies to signifier associated ventures with overseas companies for exertion collaboration.

There has been disapproval of the Adani Group’s atomic powerfulness plans since astatine slightest November 29, 2025, erstwhile a elder Adani executive, Jugeshinder “Robbie” Singh, expressed the Group’s involvement successful the sector.

During the Parliamentary statement connected the Bill, Congress MP Manish Tewari insinuated that the SHANTI Act had been brought successful by the NDA authorities to facilitate the Adani Group’s introduction into the sector. “Is it a coincidence that the Bill has been brought astatine a clip erstwhile the Adani Group has expressed involvement successful the sector?” helium asked, successful his opening remarks.

Private players successful atomic power

The archetypal proposition of argumentation alteration came successful February 2025, erstwhile Finance Minister Nirmala Sitharaman said that the authorities would allow backstage information successful the atomic powerfulness sector to assistance India’s “energy transition”, including a 100 gigawatt atomic powerfulness people by 2047.

Following Adani Power’s regulatory filing, Congress spokesperson Jairam Ramesh posted connected X connected Friday, repeating the allegations that the authorities was meant to payment the Adanis. “The SHANTI Bill was rushed done Parliament…it was enacted to favour the favourite…the existent meaning of SHANTI is Shriman Adani’s Nuclear Tech Initiative,” helium said.

India has an installed atomic powerfulness capableness of 8.8 GW, with the authorities claiming that it volition emergence to 32 GW successful the adjacent decade. It presently contributes astir 3% of generated electricity.

Published - February 13, 2026 08:51 p.m. IST

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