Adani Group enters nuclear power sector after SHANTI Act, Pg12

Key Highlights:

• Adani Group entered the nuclear power sector on Thursday, following the passage of the SHANTI Act in December.
• Adani Power Limited (APL) created a wholly-owned subsidiary named Adani Atomic Energy Limited.
• The SHANTI Act replaces the Atomic Energy Act, allowing private companies to operate nuclear plants.
• India's current installed nuclear capacity is 8.8 GW, with plans to increase to 32 GW in the next decade.

Detailed Insights:

• The SHANTI Act enables private companies to form joint ventures with foreign entities for nuclear technology collaboration.
• Criticism arose in November 2025 after an Adani executive expressed interest in the nuclear sector.
• Opposition parties allege the SHANTI Act was designed to favor the Adani Group's entry into nuclear power.
• Nuclear power currently contributes about 3% of India's total electricity generation.
• The government aims to significantly increase nuclear power's contribution to the energy mix in the coming years.

Key Concepts Involved:

• SHANTI Act: Legislation allowing private companies to operate nuclear power plants in India.
• Nuclear Power: Electricity generated from nuclear fission, a low-carbon energy source.
• Atomic Energy Act: The previous regulatory framework governing nuclear energy in India, now replaced.