The Adani Group has proposed to the Odisha government to establish two nuclear power plants, each with 2,800 MW capacity, requiring an investment of approximately ₹1.5 trillion. According to reports from Business Standard, the conglomerate presented these proposals to Kanak Vardhan Singh Deo, deputy chief minister and energy minister, in Bhubaneswar. The proposed investment package includes a 2,400 MW ultra-supercritical thermal power station and multiple pumped storage projects designed to provide round-the-clock reliable electricity while supporting renewable energy integration. An Adani Group delegation led by Subrat Tripathy, president (business development), Adani Ports and SEZ, presented the proposals to the energy minister.
The comprehensive project portfolio is estimated to create more than 22,000 direct and indirect employment opportunities while substantially augmenting Odisha's power generation capacity. As reported by Business Standard, the proposed nuclear power plants would have a combined capacity of 5,600 MW, representing one of the largest private investments in Odisha's energy sector. The state government has already approved Adani's 1.8 gigawatt pumped storage project in Nayagarh district, demonstrating the company's growing presence in the state's energy infrastructure. Senior officials including Vishal Kumar Dev, additional chief secretary of the energy department; Bhaskar Jyoti Sarma, chairman and managing director of Odisha Power Transmission Corporation; and Satyapriya Rath, managing director of GRIDCO attended the meeting to discuss the proposal.
According to Business Standard, this proposal represents the second nuclear power project from a private entity that Odisha has received, with Tata Power also proposing a nuclear plant in Malkangiri district and NTPC expressing interest in investing in the state's nuclear energy sector. A senior official from the Energy Department confirmed that the proposal will undergo detailed discussions on project feasibility, land availability, regulatory clearances, environmental approvals and implementation schedules before any final decision is taken. The nuclear proposal assumes significance as one of the first major investment plans announced after the enactment of the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act, 2025, which opened up India's civil nuclear power sector to regulated private participation.
As reported by Business Standard, the proposal aligns with the Centre's Nuclear Energy Mission targeting 100 GW of nuclear power capacity by 2047, compared with India's current installed capacity of less than 10 GW. The investment comes as Odisha emerges as one of India's fastest-growing industrial destinations, attracting proposals for large steel plants, aluminium projects, green hydrogen facilities and hyperscale data centres. The Adani Group has been strengthening its energy portfolio through thermal power, renewable energy, transmission networks, pumped storage projects and green hydrogen initiatives, with nuclear energy providing a stable source of carbon-free baseload power to complement its rapidly expanding renewable energy business. The group is also exploring nuclear power projects in Gujarat and Madhya Pradesh as part of its broader nuclear expansion strategy.
