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flag Adani Power enters India’s nuclear sector, aiming for 30 GW of capacity under new private participation laws.

flag Adani Power has launched Adani Atomic Energy Ltd, becoming one of the first private companies in India to enter the nuclear power sector following the passage of the SHANTI Bill, which allows private participation in nuclear energy for the first time. flag The new unit aims to develop up to 30 gigawatts of nuclear capacity, eventually replacing Adani’s fossil fuel-based power portfolio. flag The move supports India’s goal of reaching 100 gigawatts of nuclear capacity by 2047, up from about 8.7 gigawatts currently. flag The government is backing the transition with policy incentives, including extended customs duty exemptions and funding for the Department of Atomic Energy.

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