Adani Power enters nuclear energy sector with new subsidiary CMAEL.

Adani Power has taken a significant step forward in its nuclear energy ambitions with the incorporation of a new step-down wholly owned subsidiary, Coastal-Maha Atomic Energy Ltd (CMAEL), aimed at handling the generation, transmission, and distribution of nuclear power.

In a regulatory filing, the company said CMAEL has been incorporated by Adani Atomic Energy Ltd (AAEL), itself a wholly owned subsidiary of Adani Power. The move builds on the company’s earlier announcement on February 12, when it established AAEL to formally enter the nuclear power segment.

CMAEL was incorporated on April 13, with the certificate of incorporation received on April 18. The company has been set up with an authorised capital of ₹5 lakh, divided into 50,000 equity shares of ₹10 each, with the subscription made in cash.

According to the filing, CMAEL is fully owned by AAEL, making it a step-down subsidiary of Adani Power as the group strengthens its presence in the nuclear energy sector.