Adani Group targets 10 GW nuclear power by 2035 roadmap

What Adani Group announced at the AGM

Gautam Adani has outlined a growth roadmap for the Adani Group with a stated focus on nuclear energy, artificial intelligence and large-scale infrastructure expansion. The headline announcement was the group’s formal entry into nuclear power through a new venture, Adani Atomic Energy. Adani told shareholders the group is targeting 10 gigawatts (GW) of nuclear power capacity by 2035. The plan was positioned as part of a broader effort to build an integrated power platform in India. That platform spans thermal, renewable, hydro, gas and transmission assets, as described in the AGM address. The company did not share project locations or a detailed execution schedule during the announcement. But it said preparatory work has started at an early stage.

Entry into nuclear through Adani Atomic Energy

Adani said the group has “formally entered” the nuclear energy business via Adani Atomic Energy. He added that land has been identified for the nuclear venture, without disclosing where the land is located. The 10 GW target by 2035 was described as a step towards supporting India’s long-term energy security. The AGM remarks also linked the move to rising electricity demand and growing geopolitical uncertainty. Adani framed nuclear as a way to supply “clean, round-the-clock power” to meet national demand. The group’s messaging places nuclear alongside its existing generation and network businesses. No details were provided on reactor type, partners, financing structure, or the regulatory path.

Policy context: private participation after 2025 reforms

The announcement comes after legislative changes in late 2025 that enabled private participation in India’s nuclear generation sector. The article notes that these reforms ended the long-standing monopoly of state-owned entities in nuclear generation. Against that backdrop, Adani’s plan signals an early move by a large private conglomerate to build scale in atomic power. Reuters reported that the 10 GW ambition would likely make Adani the country’s biggest private-sector operator in nuclear power, and that Adani would likely be the third-biggest operator of nuclear plants overall. The group itself did not provide comparisons with existing operators during the AGM update. It also did not outline timelines for approvals or construction milestones.

How the nuclear plan fits Adani’s broader power platform

Adani described the nuclear push as an extension of an integrated energy platform that already includes thermal, renewable, hydro, gas and transmission. In practical terms, nuclear would add a non-fossil baseload component that runs round the clock, complementing variable renewable generation. The group’s public rationale focused on meeting growing national demand while maintaining cleaner supply. The announcement did not quantify how nuclear will change the group’s generation mix by 2035. It also did not specify how the nuclear business will sit alongside other listed and unlisted Adani entities. Still, the choice to announce a specific capacity number and deadline signals a long-term capital planning intent. The near-term next steps, based on disclosed information, appear limited to land identification and early positioning.

Power capex: ₹2 lakh crore to reach 45 GW

Alongside nuclear, the group highlighted a large private-sector power capital expenditure programme. The article states that Adani Power has committed to a capex programme exceeding ₹2 lakh crore. The stated goal is to reach a total generation capacity of 45 GW within the next five years. This programme was described as India’s largest private-sector power capex plan. The announcement did not break down how much of this spend is allocated to new builds versus upgrades or acquisitions. It also did not provide plant-wise capacity additions, fuel sourcing plans, or commissioning schedules. The capex headline indicates that conventional and broader generation expansion remains central even as the group outlines a nuclear vision.

Other clean energy and regional partnerships

The AGM update also referred to a 5,000 megawatt (MW) hydro partnership with Bhutan’s Druk Green Power Corporation. Beyond naming the partnership and capacity, the article did not provide commissioning timelines, project locations, or offtake details. The group’s messaging positions hydro as another clean, dispatchable source that can balance the grid. With nuclear and hydro mentioned together, the broader theme is the pursuit of round-the-clock, low-carbon power sources. However, readers should note that the article does not include project-level execution specifics. The disclosed facts are limited to the partnership reference and the stated capacity.

Gas distribution expansion: 1.1 million PNG connections

Adani also highlighted expansion in gas distribution infrastructure. The article states that Adani Total Gas crossed 1.1 million piped natural gas (PNG) home connections during the year. The company plans further expansion to meet growing demand for cleaner fuels. No geography-wise split of connections was provided in the text. The update suggests the group is building household and city gas infrastructure alongside power generation assets. This fits with the AGM framing of an integrated energy platform. It also reflects a parallel focus on energy transition fuels, though the article does not quantify the pace of incremental connections.

Infrastructure signals beyond power

Separate from energy, the article mentions an infrastructure milestone in ports. It states that in FY26, Adani Ports handled more than 500 million tonnes of cargo. It also notes a target to reach 1 billion tonnes of cargo handling capacity by 2030. These figures were presented as part of a broader infrastructure expansion narrative. While this sits outside the nuclear and power capex announcements, it supports the group’s messaging on scale across core infrastructure. The article does not provide segment-wise port throughput or details of capacity additions. The disclosed data points are limited to the throughput milestone and the 2030 capacity target.

Key numbers and targets at a glance

Why the announcement matters for investors and the sector

Adani’s nuclear entry is notable because it comes soon after policy reforms that opened the sector to private participation. A stated target of 10 GW by 2035 sets a clear ambition, even though key details such as project locations, partners and regulatory milestones remain undisclosed. The parallel ₹2 lakh crore-plus capex plan for Adani Power underscores that near-term growth is also being pursued through conventional generation scale-up to 45 GW over five years. The gas distribution update, including 1.1 million PNG connections, highlights continued investment in downstream infrastructure. And the hydro partnership reference adds another element to the group’s clean energy narrative. Together, these announcements indicate the group is positioning across multiple parts of India’s energy and infrastructure buildout, while leaving many execution specifics for future disclosures.

Conclusion

The Adani Group has announced a nuclear ambition of 10 GW by 2035 through Adani Atomic Energy, with land already identified, and has reiterated a large power capex programme aimed at 45 GW within five years. It also flagged expansion in PNG connections and referenced a 5,000 MW hydro partnership with Bhutan’s Druk Green Power Corporation. The next actionable updates investors will likely watch for are project locations, regulatory progress, partnerships and phased timelines, none of which were detailed in the AGM remarks carried in the article.