Adani Ports Accelerates Renewable Energy Initiatives and Environmental Sustainability Targets

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Adani Ports Accelerates Renewable Energy Initiatives and Environmental Sustainability Targets
08 Jun 2023
4 min read

News Synopsis

Adani Ports Aims for 100% Renewable Energy Mix and Environmental Targets

Adani Ports & SEZ (APSEZ), a leading port and SEZ operator, is focused on achieving a 100% renewable energy mix in its electricity consumption by FY25. Alongside this commitment, Adani Enterprises (AEL), the flagship company of the Adani Group, has pledged to grow 100 million trees by 2030. These initiatives are outlined in the group's compendium on environmental, social, and governance (ESG) performance for FY23.

Adani Transmission's Renewable Energy Procurement Goals

Adani Transmission (ATL) aims to have a 60% share of renewable power procurement by FY27. The private transmission and distribution company has already achieved a 30.04% renewable power mix in its subsidiary, Adani Electricity Mumbai (AEML). The focus on renewable energy aligns with the company's sustainability objectives.

Adani Power's Focus on Water Intensity and Energy Efficiency

Adani Power is making strides in reducing water intensity and improving energy efficiency. In FY23, the company's water intensity performance stood at 2.31 cubic meters per megawatt-hour (m3/MWh), surpassing the statutory limit for hinterland plants by 34% and its internal target by 7.6%. This achievement demonstrates Adani Power's commitment to responsible water usage and conservation.

Adani Total Gas' Transition to Renewable Energy and Sustainable Practices

Adani Total Gas (ATGL), specializing in city gas distribution networks, has embraced renewable energy solutions. With 870 kW of rooftop solar capacity installed across 50 sites, ATGL is actively exploring the establishment of a captive solar plant in FY24. Additionally, the company aims to install 4,000 EV-charging points by 2024, contributing to the growth of electric vehicle infrastructure.

Ambuja Cements' Progress in Thermal Substitution and Energy Efficiency

Ambuja Cements has improved its thermal substitution rate to 7.34% in the January-March quarter of 2023, an increase from 6.62% in the same quarter of 2022. By maximizing the usage of alternative fuels, the company demonstrates its commitment to reducing carbon emissions. Ambuja Cements has also implemented various energy efficiency measures resulting in a 1.31% reduction in specific electrical energy usage.

Adani Wilmar's Sustainable Practices and Packaging Innovations

Adani Wilmar, a leading edible oil firm, has implemented solar power at 8 out of its 23 plants. The company plans to continue installing solar power systems across all its facilities in the coming years. Moreover, Adani Wilmar takes pride in being the first edible oil company to introduce recyclable packaging, with 98% of its packaging materials now being recyclable.

Conclusion

Adani Ports & SEZ (APSEZ) and its group companies are demonstrating their strong commitment to renewable energy integration and environmental sustainability. With a focus on achieving a 100% renewable energy mix in electricity consumption, APSEZ is leading the way in transitioning to cleaner energy sources. Adani Enterprises has also pledged to contribute to reforestation efforts by aiming to grow 100 million trees by 2030.

Adani Transmission is actively working towards a significant share of renewable power procurement, while Adani Power is making notable progress in reducing water intensity and improving energy efficiency. Adani Total Gas is embracing renewable energy solutions and investing in electric vehicle infrastructure, while Ambuja Cements is maximizing the usage of alternative fuels and improving thermal substitution rates.

Furthermore, Adani Wilmar has implemented solar power systems at several plants and is committed to expanding such installations across all its facilities. The company has also taken a significant step in sustainable packaging by introducing recyclable materials.

These initiatives and accomplishments highlight the Adani Group's dedication to environmental stewardship and their efforts to contribute to a greener and more sustainable future.

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