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RSWM Strikes 60 MW Green Power Deal With Adani Energy Solutions, Lifts Renewable Share Toward 70%

A Rs 60 crore group captive stake secures about 31.5 crore units a year for Rajasthan plants, with AESL running the end-to-end supply.

Overview

  • RSWM signed with Adani Energy Solutions to source 60 MW of renewable power for its manufacturing facilities across Rajasthan.
  • Under a Group Captive Scheme, RSWM invested Rs 60 crore to lock in approximately 31.53 crore units of green electricity annually.
  • The company expects renewable energy to rise from roughly 33% of its consumption to about 70% in the near term.
  • AESL will manage the entire green power value chain for RSWM and is targeting a 7,000 MW commercial and industrial portfolio over five years.
  • Company executives highlighted decarbonization, energy security and operational efficiency benefits, noting the shift surpasses India’s ~31% clean energy mix.