Adani Power Evaluates Two Sites in Madhya Pradesh for Nuclear Projects
Adani Power is exploring the possibility of developing nuclear power projects at two former thermal plant sites in Madhya Pradesh. The company acquired these sites through its takeover of Jaiprakash Associates’ power assets.
During a post-earnings call, Adani Power officials stated that the Bina and Nigrie sites have substantial land banks and are being evaluated for their suitability for nuclear power generation. The company aims to achieve 10 gigawatt-electric (GWe) of nuclear capacity by 2035.
“We are also exploring the possibility of whether we can develop nuclear at Bina, whether the site is conducive from the point of view of various requirements,” the company said. “We have not yet planned anything, but these are the two sites where a good land bank is available for any growth opportunity.”
The move comes as India seeks to expand its nuclear power capacity to meet growing energy demands and reduce carbon emissions. Adani Power’s entry into nuclear energy, if realized, would mark a significant diversification from its core coal-based thermal power business.
However, the company noted that development depends on regulatory frameworks and government policies. “We are waiting for the rules to be clear,” the company added, referring to India’s nuclear liability laws and foreign investment norms that have historically constrained private sector participation in nuclear power.
