Adani Power and Reliance Industries to Set Up Mega Nuclear Power Plants in Ratnagiri
- MoU Signed with Maharashtra Govt
MUMBAI: In a massive boost to clean energy, Maharashtra is set to witness a historic investment in the nuclear energy sector. In the presence of Chief Minister Devendra Fadnavis, the Department of Energy (Government of Maharashtra) signed Memorandums of Understanding (MoUs) with India’s top conglomerates to establish state-of-the-art nuclear power plants.
The mega-agreements were signed at the Mantralaya in Mumbai with Adani Power, Reliance Industries Limited (RIL), and the state-owned NTPC Limited. This massive influx of capital is expected to generate over 1.2 lakh direct and indirect jobs in the Konkan region.
Project Breakdowns: Investment, Capacity, and Employment
The upcoming nuclear power projects will be distributed across the Ratnagiri and Sindhudurg districts of coastal Maharashtra:
1. Adani Power Limited (Barsu, Ratnagiri)
Adani Power, along with its subsidiary Coastal-Maha Atomic Energy Limited, will set up a massive atomic energy plant at Barsu in the Ratnagiri district.
- Proposed Capacity: 6,000 MW
- Estimated Investment: ₹1,50,000 Crore
- Job Creation: 12,000 total jobs (4,500 direct + 7,500 indirect)
2. Reliance Industries Limited (Purnagad, Ratnagiri)
Mukesh Ambani-led Reliance Industries will venture into cutting-edge nuclear technology by setting up ‘Bharat Small Reactors’ / Small Modular Reactors (SMR) at Purnagad in Ratnagiri.
- Proposed Capacity: 2 x 220 MW to 6 x 1200 MW
- Estimated Investment: ₹8,000 Crore to ₹2,00,000 Crore
- Job Creation: 1,03,000 total jobs (3,000 direct + 1,00,000 indirect)
3. National Thermal Power Corporation – NTPC (Devgad, Sindhudurg)
State-run power major NTPC Limited will develop a greenfield nuclear power plant at Devgad in the Sindhudurg district.
- Proposed Capacity: 4,000 MW to 7,200 MW (spread across 6 units)
- Estimated Investment: ₹1,00,000 Crore
- Job Creation: 5,000 direct and indirect employment opportunities
- A. P. Samal – Chief General Manager, NTPC Ltd.
- Vivek Sharma – Business Head, Adani Power.
- Ranjay Sharan – President (Nuclear Energy Business), Reliance Industries.
“The monumental investments coming into Maharashtra’s clean energy sector will undoubtedly strengthen India’s journey toward becoming an energy-sufficient nation. The state government pledges absolute cooperation and support to the companies investing in our nuclear energy ecosystem.”
— Devendra Fadnavis, Chief Minister of Maharashtra