Gautam Adani unveils plan for 10 GW nuclear energy capacity by 2035

If realized, the 10 GW target would represent one of the largest private-sector commitments to nuclear energy in India.

The Adani Group plans to develop 10 gigawatts (GW) of nuclear power generation capacity over the next nine years, Chairman Gautam Adani said on Wednesday.

If realized, the 10 GW target would represent one of the largest private-sector commitments to nuclear energy in India. “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 at the annual general meeting of the group.

The new law — Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill (SHANTI Bill) – passed by the Parliament in December 2025 is expected to unlock private sector participation across a wide spectrum of nuclear activities including nuclear power generation, reactor supply and operation, nuclear fuel mining and R&D across the nuclear fuel cycle.

At Adani Power, the group is implementing India’s largest ever private sector power capex programme of over Rs 2 lakh crore, with a target of reaching 45 GW of capacity over the next five years, he said.

“We are also honoured to be partnering with the Govt of Bhutan’s Druk Green Power Corporation. As part of this partnership, the Adani Group and the DGPC will jointly develop 5,000 megawatts of hydropower projects in Bhutan,” Adani said.

On the aviation sector, he said partnerships with Leonardo and Embraer are helping lay the foundation for integrated helicopter and regional aircraft manufacturing ecosystems in India. “We are building a national aerospace platform that spans manufacturing, MRO, services and pilot training,” he said.

“During Operation Sindoor, our drones, anti-drone systems, missiles and ammunitions supported our Armed Forces when it mattered the most.”

He said the group is putting in place a three-layer structure across both its headquarters and sites to reduce bureaucracy, sharpen accountability and bring decisions closer to execution. “Every role, every process and every layer must add value. Non-core activities will move either to our GCCs or to nominated partners,” he said.

In FY 25-26, the group made a record capital investment of more than Rs 1.5 lakh crore in hard infrastructure. To put that in perspective, this represented over 30% of India’s total new private-sector capital expenditure for the year, he said.

Vizhinjam in Kerala, one of the most strategic ports on the global maritime route, delivered a record first year by crossing 1 million TEUs. This is the fastest pace ever achieved by any Indian port and a strong signal of India’s arrival on the global transshipment map, Adani said.

In digital and industrial infrastructure, the group’s Data Centre business is firmly on the path to building a 3 GW platform by 2030, he said. “The binding MoU for a gigawatt-scale data centre with Google in Visakhapatnam reflects both the scale of the digital demand ahead, and the confidence that global technology leaders such as Google, Microsoft, Uber and Flipkart are placing on us,” he said.

George Mathew is an Associate Editor with The Indian Express, based in Mumbai. A veteran of financial journalism with nearly three decades of experience, he is one of the country’s most authoritative voices on banking, regulation, and the corporate sector. Expertise & Focus Areas Mathew’s reporting covers the nerve center of India’s economy. His specialized beats include: The Reserve Bank of India (RBI): He has tracked the central bank's policy evolution through the tenures of multiple Governors, offering deep insights into monetary policy, repo rates, and banking regulation. Banking & Insurance: Extensive coverage of public and private sector banks, non-performing assets (NPAs), and key legislative reforms like the Insurance Amendment Bills. Corporate Affairs: Mathew frequently breaks major stories related to India's largest conglomerates, with a specific focus on the Tata Group, documenting boardroom shifts and strategic decisions. Financial Markets: Reporting on the complexities of Foreign Portfolio Investors (FPIs), IPOs, and currency fluctuations. Authoritativeness & Insight With a career dating back to the late 1990s, Mathew possesses a rare institutional memory of India’s financial liberalization and market crises. His work is not limited to daily news; he frequently contributes to the "Explained" section, where he decodes complex financial legislations and market trends for a broader audience. His rigorous reporting has also been featured in scholarly platforms like the Economic and Political Weekly (EPW). Find all stories by George Mathew here ... Read More

The Adani Group plans to develop 10 gigawatts (GW) of nuclear power generation capacity over the next nine years, Chairman Gautam Adani said on Wednesday.

If realized, the 10 GW target would represent one of the largest private-sector commitments to nuclear energy in India. “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 at the annual general meeting of the group.

The new law — Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India Bill (SHANTI Bill) – passed by the Parliament in December 2025 is expected to unlock private sector participation across a wide spectrum of nuclear activities including nuclear power generation, reactor supply and operation, nuclear fuel mining and R&D across the nuclear fuel cycle.

At Adani Power, the group is implementing India’s largest ever private sector power capex programme of over Rs 2 lakh crore, with a target of reaching 45 GW of capacity over the next five years, he said.

“We are also honoured to be partnering with the Govt of Bhutan’s Druk Green Power Corporation. As part of this partnership, the Adani Group and the DGPC will jointly develop 5,000 megawatts of hydropower projects in Bhutan,” Adani said.

On the aviation sector, he said partnerships with Leonardo and Embraer are helping lay the foundation for integrated helicopter and regional aircraft manufacturing ecosystems in India. “We are building a national aerospace platform that spans manufacturing, MRO, services and pilot training,” he said.

“During Operation Sindoor, our drones, anti-drone systems, missiles and ammunitions supported our Armed Forces when it mattered the most.”

He said the group is putting in place a three-layer structure across both its headquarters and sites to reduce bureaucracy, sharpen accountability and bring decisions closer to execution. “Every role, every process and every layer must add value. Non-core activities will move either to our GCCs or to nominated partners,” he said.

In FY 25-26, the group made a record capital investment of more than Rs 1.5 lakh crore in hard infrastructure. To put that in perspective, this represented over 30% of India’s total new private-sector capital expenditure for the year, he said.

Vizhinjam in Kerala, one of the most strategic ports on the global maritime route, delivered a record first year by crossing 1 million TEUs. This is the fastest pace ever achieved by any Indian port and a strong signal of India’s arrival on the global transshipment map, Adani said.

In digital and industrial infrastructure, the group’s Data Centre business is firmly on the path to building a 3 GW platform by 2030, he said. “The binding MoU for a gigawatt-scale data centre with Google in Visakhapatnam reflects both the scale of the digital demand ahead, and the confidence that global technology leaders such as Google, Microsoft, Uber and Flipkart are placing on us,” he said.