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Adani Power has formed a new subsidiary, Adani Atomic Energy Limited, to focus on nuclear energy generation and sales. This move aligns with India's strategic policy reforms supporting private sector investment in nuclear power.

The initiative aims to contribute to India's target of 100GW of nuclear power by 2047 and reflects Adani Power's shift from fossil fuels to clean energy sources. The recent Union Budget provides tax benefits for nuclear projects, enhancing funding opportunities for private participation in the sector.