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Adani Power Deepens Nuclear Push with New Step-Down Subsidiary

Tipranks - Tipranks - Tue Apr 21, 10:02PM CDT

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Adani Power Limited ( (IN:ADANIPOWER) ) just unveiled an update.

Adani Power Limited has expanded its nuclear energy footprint with the incorporation of Rawatbhata-Raj Atomic Energy Limited, a step-down wholly owned subsidiary formed under its existing unit Adani Atomic Energy Limited. The new entity, established in India on April 20, 2026 with an authorised capital of Rs. 5 lakh, will focus on generating, transmitting and distributing power from nuclear and atomic energy sources, signalling Adani Power’s strategic push into nuclear-based power and further diversification of its generation mix.

RRAEL is fully held by Adani Atomic Energy Limited, which in turn is wholly owned by Adani Power, ensuring complete control over the new vehicle within the group structure. While immediate operational details are limited, the move underpins Adani Power’s long-term ambition to participate in India’s nuclear energy build-out, potentially enhancing its growth prospects and reinforcing its presence in regulated, capital-intensive segments of the power sector.

More about Adani Power Limited

Adani Power Limited is a leading Indian private-sector power utility focused on electricity generation and distribution across thermal and emerging clean energy segments. Through subsidiaries such as Adani Atomic Energy Limited, the company is expanding into nuclear power, aiming to diversify its energy portfolio and strengthen its position in India’s evolving power market.

Average Trading Volume: 2,142,112

Technical Sentiment Signal: Buy

Current Market Cap: 3534.9B INR

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