Adani Power has raised its planned generation capacity to 41,870 MW by FY32 from an earlier 30,670 MW, as per news reports.
The revision implies an increase of about 36%. As of April 2026, the company’s installed capacity stands at 18,150 MW, leaving a substantial addition pipeline over the next 6 years.
The expansion programme is backed by a proposed capital expenditure of ₹2 lakh crore. The investment is expected to be deployed across thermal, hydro, and other power projects.
The company’s Net Debt-to-EBITDA ratio is reported at 1.86x, indicating moderate leverage relative to the planned spending cycle.
The company is examining opportunities in international markets, with a focus on thermal and hydro assets.
This is a shift from a domestic-led portfolio to a broader geographical approach. The evaluation process is at an early stage and is for diversifying generation sources and revenue streams.
Following changes under the SHANTI Act 2025, which permits private participation in nuclear power, Adani Power has incorporated Coastal-Maha Atomic Energy Ltd.
The entity is expected to target up to 30 GW of nuclear capacity over time, subject to project approvals and regulatory processes.
The planned additions suggest a gradual change in the company’s generation mix. Thermal capacity remains the base, while hydro and nuclear segments are being added. This reflects a shift towards including non-coal sources alongside existing operations.
Read More: Adani Power Q4FY26 Results: Profit Jumps 64% To ₹4,271 Crore!
As of April 30, 2026, at 3:30 pm, Adani Power share price closed at ₹222.08, a 1.28% increase from the previous closing price.
The company’s updated plans combine higher capacity targets with proposed investments and a broader geographic focus. The addition of new segments and overseas opportunities indicates a wider approach to expansion within the power sector.
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Published on: May 1, 2026, 11:38 AM IST
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