Adani Electricity to Launch a Green Energy Initiative in Mumbai

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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 current MERC announced scheme of providing 100% RE Power, by paying 66 paisa extra. AEML 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.

Pursuant to MERC’s approval, AEML are now offering its customers the option of meeting 100% of their energy requirement through Renewable Energy for an additional tariff of 66 paisa per unit.

“AEML is committed to sustainability and aligned to India’s commitments under the Paris Agreement to achieve renewable energy targets,” 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.

Kandarp Patel, CEO and MD, AEML said “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. We can guarantee 100% green energy supply and certificates in Mumbai, without any modifications or disruptions. We will create customized renewable energy solutions for all customers to take full advantage of the renewable energy opportunities and achieve their sustainability goals.”

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

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