Archive · 25 Jul 2026
Adani Power targets 45 GW capacity by 2032
Adani Power, a major Indian energy company, has announced plans to increase its power generation capacity to 45 GW by 2032, up from its previous target of 42 GW.
The company also aims to have 10 GW of nuclear power capacity by 2035, subject to government approvals.
To achieve this, Adani Power plans to invest over Rs 2 lakh crore in capital expenditure over the coming years.
The company reassured investors that this expansion will be primarily funded through internal cash flows, maintaining a comfortable balance sheet.
Key projects, such as Korba Phase II and Mahan Phase II, are progressing as scheduled.
Additionally, Adani Power has acquired stakes in Jaiprakash Power Ventures and other power plants, further strengthening its position in the energy sector.
Adani Power aims to increase its power generation capacity to 45 GW by 2032.
The company plans to invest over Rs 2 lakh crore in capital expenditure for expansion.
Adani Power targets 10 GW of nuclear power capacity by 2035, subject to government approvals.
Key projects like Korba Phase II and Mahan Phase II are progressing as scheduled.
The company reassured investors that the expansion will be primarily funded through internal cash flows.
- Who
- Adani Power
- What
- Expansion of power generation capacity to 45 GW by 2032 and nuclear power ambitions
- When
- Target set for 2032 and 2035
- Where
- India
- Why
- To meet growing energy demands and diversify energy sources
Expansion Focus
Financial Prudence
Capacity Expansion
Expansion Focus
Adani Power aims to increase its power generation capacity to 45 GW by 2032, up from the previous target of 42 GW.
Financial Prudence
The company plans to finance this expansion primarily through internal cash flows, maintaining a net debt-to-EBITDA ratio within the 2–3 times range.
Nuclear Power Ambitions
Expansion Focus
Adani Power has set a target of 10 GW nuclear power capacity by 2035, subject to government policy approvals.
Financial Prudence
The execution of nuclear projects depends on amendments to the Atomic Energy Act and could take around five years from regulatory approval to become operational.
- Current Installed Capacity
- 42 GW
- Target Capacity by 2032
- 45 GW
- Nuclear Power Target by 2035
- 10 GW
- Total Debt
- Rs 58,381 crore
- Net Debt
- Rs 47,643 crore
- Net Debt-to-EBITDA Ratio
- Around 2 times
- QIP Approval Status
- Enabling resolution approved, no decision on size, timing, or use of proceeds
- Bangladesh Dues
- Outstanding receivables around $400 million, monthly collections approximately $100 million