Adani Power Limited (APL) has expanded its presence in the emerging nuclear energy segment with the incorporation of a step-down wholly owned subsidiary, Coastal-Maha Atomic Energy Limited (CMAEL). The development marks a strategic move by the company to diversify its energy portfolio into base-load, low-carbon power generation.
The subsidiary has been incorporated by Adani Atomic Energy Limited (AAEL), itself a wholly owned subsidiary of Adani Power. Consequently, CMAEL becomes a step-down wholly owned subsidiary of APL, strengthening the group’s integrated structure in the evolving energy landscape.
According to the company’s disclosure, CMAEL was incorporated on April 13, 2026, with the certificate of incorporation received on April 18, 2026. The entity will operate in the nuclear energy domain, focusing on the generation, transmission, and distribution of electricity derived from nuclear and atomic sources.
CMAEL has been established in India with an authorised share capital of ₹5 lakh, divided into 50,000 equity shares of ₹10 each. The entire shareholding is held by AAEL, ensuring full ownership within the Adani Power corporate framework.
The incorporation was completed through cash consideration, and no regulatory approvals were required at this stage. The development was disclosed through an official filing to the stock exchanges in compliance with applicable listing norms.
The move reflects Adani Power’s broader strategy to explore long-term opportunities in sustainable and reliable power generation, as the energy sector increasingly shifts towards cleaner and more stable sources.
