RSWM Ltd Signs Landmark Agreement With Adani Energy Solutions To Source 60 MW Of Renewable Power, Raising Green Energy Share To 70%

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RSWM Ltd, one of Indiaโ€™s leading textile manufacturers and the flagship company of the LNJ Bhilwara Group, has signed a landmark agreement with Adani Energy Solutions Ltd. (AESL) for the supply of 60 MW of renewable energy. This strategic collaboration marks a major milestone in RSWMโ€™s sustainability journey and reflects its strong commitment to accelerating the transition toward cleaner and more responsible manufacturing.

Under this agreement, AESL will oversee the entire green power value chain for RSWMโ€™s additional energy requirements. To facilitate the partnership, RSWM has invested โ‚น60 crore under the Group Captive Scheme with a renewable generation company, enabling the supply of approximately 31.53 crore units of green power annually to its manufacturing facilities across Rajasthan. With this addition, the share of renewable energy in RSWMโ€™s total power mix will rise sharply from 33% to nearly 70%, positioning the company significantly above Indiaโ€™s national average of 31% in clean energy adoption.

Commenting on the development, Mr. Riju Jhunjhunwala, Chairman, Managing Director, and CEO of RSWM Ltd, said, โ€œThis 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 sourcesโ€”well above the national averageโ€”RSWM continues to set industry benchmarks in responsible energy transition.โ€

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Mr. Kandarp Patel, CEO of Adani Energy Solutions Ltd, added, โ€œWe are delighted to partner with RSWM on this landmark initiative that demonstrates how sustainability is becoming integral to businesses. This collaboration highlights the scalability and impact of renewable power in driving industrial growth while ensuring environmental responsibility. As a leading energy solutions provider for the Commercial & Industrial sector, we are proud to play a catalytic role in helping industries decarbonize through innovative offerings.โ€

Echoing the sentiment, Mr. Rajeev Gupta, Joint Managing Director of RSWM Ltd, stated, โ€œWith an equity investment of โ‚น60 crore, this initiative represents a major milestone in our sustainability journey. By integrating hybrid power, RSWM is not only reducing its carbon footprint but also enhancing long-term energy security and operational efficiency. It aligns with global clean energy benchmarks and reaffirms our commitment to sustainable industrial practices.โ€

Through this initiative, RSWM continues to embed sustainability into every aspect of its operationsโ€”whether through renewable energy adoption, circular material utilization, or responsible water management. This forward-thinking approach has cemented RSWMโ€™s reputation as a future-ready textile leader contributing to a regenerative and resilient economy.

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AESLโ€™s Commercial & Industrial (C&I) vertical serves large-scale electricity users by offering tailored energy solutions. By providing reliable, competitively priced, and increasingly green power, AESL helps businesses meet their operational and sustainability goals. The company aims to build a C&I portfolio of 7,000 MW over the next five years, further strengthening Indiaโ€™s clean energy landscape.

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