Sineng Banner

RSWM Ltd Partners with Adani Energy Solutions for 60 MW Renewable Power, Boosting Green Energy Share to 70%

0
364
Representational image. Credit: Canva

RSWM Ltd., one of India’s leading textile manufacturers and the flagship company of the LNJ Bhilwara Group, has signed an agreement with Adani Energy Solutions Ltd. (AESL) for the supply of 60 MW of renewable energy, marking a significant step forward in its sustainability journey.

Under the agreement, AESL will oversee the complete green power value chain to meet RSWM’s additional energy requirements. RSWM has invested ₹60 crore under the Group Captive Scheme with a renewable energy generator to supply 31.53 crore units of green power annually to its manufacturing facilities across Rajasthan.

With this development, renewable energy will soon account for nearly 70% of RSWM’s total energy consumption—up from the current 33%—bringing the company closer to its goal of operating with a majority clean energy mix and reinforcing its commitment to responsible and sustainable manufacturing.

“This achievement underscores our long-term vision to align growth with sustainability and reinforce our position as a forward-looking industrial leader. By sourcing 70% of our total energy requirement from renewable sources—well above the national average of India’s clean energy mix i.e. 31% – RSWM continues to set industry benchmarks in responsible energy transition,” said Mr. Riju Jhunjhunwala, Chairman, Managing Director and CEO, RSWM Ltd.

Also Read  Jaganlite Retains All India No.1 Position Among Microtek Solar Distributors for the Seventh Consecutive Year

“We are delighted to partner with RSWM on this landmark initiative that demonstrates how sustainability is becoming integral to businesses. This collaboration is a testament to the scalability and impact of renewable power in strengthening industrial growth while ensuring sustainability. As a leading energy solutions provider for the Commercial & Industrial (C&I) sector, we feel privileged to play a catalytic role in helping industries decarbonize through our innovative offerings,” said Mr. Kandarp Patel, CEO, Adani Energy Solutions Ltd.

“With an equity investment of ₹60 crores, it’s a milestone in our sustainability journey, aligning with global clean energy benchmarks and emphasizing our commitment towards the noble cause. By integrating hybrid power, RSWM is not only reducing its carbon footprint but also enhancing long-term energy security and operational efficiency,” said Mr. Rajeev Gupta, Joint Managing Director, RSWM Ltd.


Discover more from SolarQuarter

Subscribe to get the latest posts sent to your email.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.