Adani targets 10 GW nuclear power capacity by 2035, eyes India's clean energy push

The Adani Group has unveiled plans to build up to 10 gigawatts (GW) of nuclear power capacity by 2035, marking its formal entry into the sector as India moves to expand clean, round-the-clock electricity generation and open the industry to greater private participation.

Addressing shareholders at the group's annual general meeting on Wednesday, Chairman Gautam Adani said the company had identified land for future nuclear projects and was positioning itself to serve India's growing energy requirements.

"Our entry into nuclear energy through Adani Atomic Energy is another confident step towards securing India's long-term energy future. With land identified and a 10 GW targeted capacity by 2035, we are positioning ourselves early to serve the growing national demand for clean, round-the-clock power," Adani said.

The announcement comes at a time when the Centre is pushing to diversify India's energy mix beyond coal and renewables to meet rising electricity demand while achieving decarbonisation goals. Nuclear power is increasingly being viewed as a critical source of reliable baseload electricity that can complement intermittent renewable energy sources such as solar and wind.

Adani's proposed capacity would represent a significant addition to India's nuclear power fleet, which is currently dominated by state-owned Nuclear Power Corporation of India Ltd (NPCIL).

The nuclear power plan was part of a broader energy expansion strategy outlined by the group. Adani also highlighted a ₹2 lakh crore capital expenditure programme at Adani Power, aimed at expanding generation capacity to 45 GW over the next five years.

The group is simultaneously expanding its presence across conventional and clean energy segments. It recently partnered with Bhutan's Druk Green Power Corporation to jointly develop 5,000 megawatts of hydropower projects and is ramping up natural gas infrastructure through Adani Total Gas.

The nuclear foray aligns with the conglomerate's larger theme of "Accelerating Infrastructure, Leveraging Intelligence", under which it plans to invest across energy, transport, logistics, industrial manufacturing and digital infrastructure.

The group said it has invested more than ₹1.5 lakh crore in infrastructure projects during FY26, accounting for over 30 per cent of India's total new private-sector capital expenditure during the year.