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Adani’s Utility to Supply Mostly Green Power to Mumbai by 2027

Despite the ongoing Adani Group controversies, they are committed to enhancing their offerings to guarantee a trustworthy, cost-effective, and safe electricity supply.

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Adani’s Utility to Supply Mostly Green Power to Mumbai by 2027

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  1. ADANI’S UTILITY TO SUPPLY MOSTLY GREEN POWER TO MUMBAI BY 2027

  2. Adani Transmission Ltd.’s, Adani Electricity Mumbai Ltd., has said that by 2027, it intends to obtain up to 60% of its electricity from renewable sources. The company’s goal is to be one of the few in the world to rely heavily on renewable energy sources. As of 31st March 2023, renewable energy sources accounted for 30% of Adani Electricity’s power procurement, up ten times over the previous two years, according to a presentation submitted to stock exchanges. Despite the Adani Group controversies, Adani Electricity Mumbai Limited (A.E.M.L.) has intended to provide Mumbai with primarily green power by 2027.

  3. THE PIVOT IS A COMPONENT OF ITS BILLIONAIRE OWNER GAUTAM ADANI’S BIGGER GOALS The company, which supplies electricity to a portion of the nation’s financial district, stated that by 2027, it hopes to be “among the few globally” in obtaining a sizable portion of its energy from renewable sources. The company’s billionaire owner, Gautam Adani, is rapidly expanding the scope of his ports-to-power venture beyond its initial focus on the coal trade. This move is a part of his larger plan to invest $70 billion throughout the green energy value chain by 2030.

  4. ABOUT ADANI ELECTRICITY According to the Ministry of Power’s 11th Annual Integrated Rating and Ranking for Power Distribution Utilities, a report written by McKinsey & Company, Adani Electricity is now the top power utility in India. The Adani Group, which includes Adani Electricity, is committed to enabling its clients to make sustainable decisions and have a positive daily influence. In keeping with the Adani Group’s guiding principles, they want to empower India through #GrowthWithGoodness and use Green Tariffs to help create a cleaner, greener environment.

  5. THANK YOU! END SLIDE

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