Adani Enters Nuclear Energy Sector, Sets up Wholly-Owned Subsidiary Company
11 Articles
11 Articles
Adani enters nuclear energy sector, sets up wholly-owned subsidiary company
According to a regulatory filing to the stock exchange, Adani Power's 100% owned subsidiary AAEL was incorporated with an authorised capital of Rs 5,00,000 which amounts to 50,000 equity shares of Rs 10 each on February 11, 2026.
Adani Power steps into nuclear energy sector with new atomic unit
Adani Power has established Adani Atomic Energy Limited, a wholly owned subsidiary, to generate, transmit, and distribute nuclear power. This move follows the recent passage of the SHANTI Bill, allowing private sector participation in India's nuclear energy sector. The company plans to replace its entire thermal capacity with nuclear power in the coming years.
Nuclear Foray Marks Strategic Portfolio Expansion for Adani Group
Adani Power Ltd has launched a wholly owned subsidiary, Adani Atomic Energy Ltd, to enter the nuclear power sector, diversifying its energy portfolio. This move aligns with India's aim to expand nuclear capacity as part of its clean energy transition, amidst discussions on increasing private sector involvement in the industry. The post Nuclear Foray Marks Strategic Portfolio Expansion for Adani Group appeared first on SolarQuarter.
Adani Power Launches Nuclear Subsidiary, Marks Entry into Atomic Energy
Adani Power has officially entered the nuclear energy sector by incorporating a wholly-owned subsidiary called Adani Atomic Energy Limited (AAEL). According to a regulatory filing to the stock exchange, Adani Power’s 100% owned subsidiary AAEL was incorporated with an authorised capital of Rs 5,00,000 which amounts to 50,000 equity shares of Rs 10 each on February 11, 2026. Key Details Date of Incorporation: February 11, 2026 Parent Company: Ad…
Adani Power Forms Nuclear-Focused Unit as India Opens Sector to Private Players
India’s Adani Power (ADAN.NS) on Thursday announced the formation of a new subsidiary, Adani Atomic Energy Ltd, marking one of the first public disclosures by a privately held utility of its interest in the country’s newly opened nuclear energy sector. The company said the unit will generate, transmit and distribute electricity derived from nuclear energy sources, though it did not provide further operational or financial details. The move comes…
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