Thursday, April 15, 2021
News

Adani Electricity brings green energy to Mumbai customers

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Mumbai (Maharashtra) | April 7, 2021 2:44:04 PM IST
Adani Electricity Mumbai Ltd (AEML) said on Wednesday it is launching a green energy initiative in the city under which customers will have the flexibility to set their own targets for renewable energy.

AEML customers can approach for options to buy RE power under the current Maharashtra Electricity Regulatory Commission (MERC) announced scheme of providing 100 per cent RE power by paying 66 paisa extra.

The company will be able to provide RE certificates to customers as AEML will receive 700 MW supply from hybrid solar and wind generation in Rajasthan towards end of 2022-23. It will also add an additional 1,000 MW power with substantial component of green energy.

"AEML is committed to sustainability and aligned to India's commitments under the Paris Agreement to achieve renewable energy targets," it said in a statement.

AEML will source over 30 per cent of its energy requirement through renewable energy by 2023 and further increase this share to 50 per cent by way of consent already being sought from MERC to add additional 1,000 MW of round-the-clock power with more than 51 per cent component from RE.

The innovative step will be a significant contribution for customers to meet their sustainability goals, said AEML.

Through a combination of direct renewable energy supply and indirect offsets, AEML will enable its corporate customers to meet their sustainability commitments in Mumbai and at a global level.

As the company significantly scales up its renewable energy projects, AEML will empower its customers to choose the source of their energy, making green electrons accessible to everyone and enabling the green energy transition," said AEML's CEO and Managing Director Kandarp Patel.

"We can guarantee 100 per cent green energy supply and certificates in Mumbai without any modifications or disruptions. We will create customised renewable energy solutions for all customers to take full advantage of the renewable energy opportunities and achieve their sustainability goals." (ANI)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Mall revenue recovery to be restricted t...
Office space demand subdues in Jan-Mar: ...
Huge losses from fresh Maha lockdown, sa...
Excitel expands fibre broadband services...
Emerging markets' quantitative easing pr...
Birlasoft launches Pega Center of Excell...
More...
 
INDIA WORLD ASIA
EC deploys 853 companies of central forc...
PM should heed RaGa's advice to control ...
Graft allegations: Anil Deshmukh grilled...
Karnataka scotches rumours about cancell...
Bus strike: Karnataka estimates revenue ...
Striking taxi drivers will kill tourism:...
More...    
 
 Top Stories
SRH restrict RCB to 149/8... 
No more lockdowns in Karnataka, ass... 
Bengal poll panel calls for all-par... 
Striking taxi drivers will kill tou... 
Mahika Sharma hosts Bihu 'Jalpan'... 
Office space demand subdues in Jan-... 
Mall revenue recovery to be restric... 
Chrissy Teigen calls little Luna he...