Adani Power enters nuclear sector with new subsidiary. Adani Power Ltd has incorporated Coastal-Maha Atomic Energy Ltd, a step-down wholly owned subsidiary focused on nuclear power generation, transmission, and distribution. This strategic move follows the company's February incorporation of Adani Atomic Energy Ltd, marking its formal entry into India's nuclear energy segment. The new entity was incorporated on April 13 with an authorized capital of five lakh rupees. The development aligns with the government's policy initiative to expand private sector participation in nuclear energy while maintaining state control over fuel management and safety oversight. This diversification represents a significant expansion opportunity for Adani Power as India accelerates its clean energy transition and opens previously restricted sectors to private investment.
