India’s renewable power generation hit a record high in 2025, driven by solar and wind reaching new individual highs. The rapid rollout and output growth pushed coal generation down, signaling a clear shift in the energy mix. Still, coal remains the dominant source of electricity, underscoring how far the transition has to go.
Nilesh Shah of Kotak Mutual Fund, and a member of the PM’s economic advisory council, says India must reduce vulnerability to energy shocks by accelerating electrification and rapidly scaling up nuclear power. His argument centers on cutting dependence on energy imports and strengthening long-term energy security as global disruptions threaten supply and prices.
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Adani Power has formed a new company, Rawatbhata-Raj Atomic Energy, to broaden its nuclear power push. The firm is a wholly owned subsidiary of Adani Atomic Energy Ltd, underscoring the group’s long-term commitment to atomic energy. The move adds to India’s expanding nuclear capacity, with private players increasingly taking a role in generation plans.
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