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Adani Atomic Energy (AAEL), a wholly owned subsidiary of Adani Power, has incorporated a wholly-owned subsidiary, namely, Rawatbhata-Raj Atomic Energy (RRAEL) on 20 April 2026.

Adani Power will hold a meeting of the Board of Directors of the Company on 29 April 2026.

Adani Power announced that ICRA Ratings has assigned / affirmed the credit rating ICRA AA; Stable / ICRA A1+ for the company`s bank facilities and proposed non convertible debentures aggregating to Rs 69,000 crore. Powered by Capital Market - Live News

Adani Power said its subsidiary Moxie Power Generation (MPGL) has received a Letter of Award (LoA) from Tamil Nadu Power Distribution Corporation (TNPDCL) for supply of 558 MW (net) of power for a period of five years.Moxie Power operates a 1,200 MW (2X 600 MW) power plant in Tuticorin, Tamil Nadu. It emerged as the lowest bidder in a tightly contested bid by offering a tariff of Rs 5.910 per unit, with supply starting 1 April 2026. Now, both units of the plant have power supply agreements, and more than 95% of Adani Power`s total operating capacity is secured with medium to long-term contracts. This provides significant long-term revenue visibility and also derisks the company from short-term market volatility. The company aims to achieve almost 100% PPA tie-up for all its operational and under commissioning plants over the coming years. This power supply agreement is expected to benefit Tamil Nadu consumers by providing an additional 558 MW of reliable and high-quality power, enhance grid stability, and support uninterrupted electricity supply to households, businesses, and industries. By securing power at a competitive tariff, consumers are expected to benefit from more affordable and dependable energy in the years ahead. Powered by Capital Market - Live News

Adani Power has incorporated a wholly owned subsidiary, named Adani Atomic Energy with an objective to generate, transmit and distribute electric power derived from nuclear or atomic energy. Powered by Capital Market - Live News