Adani Electricity Bringing Renewable Power to Mumbai By Ayush Verma/ Updated On Thu, Apr 8th, 2021 Mumbai’s largest electricity distributor, Adani Electricity Mumbai Limited (AEML) will play a pivotal role in Mumbai’s transition towards green energy. To enable all customers to achieve their targets and aspirations for renewable energy, AEML is launching Mumbai Green Energy Initiative. Under this program, customers will have the flexibility to set their own targets for renewable energy. The firm is committed to sustainability and aligned to India’s commitments under the Paris Agreement to achieve renewable energy targets. AEML will source over 30 percent of its energy requirement through renewable energy by 2023 and further increase this share to 50 percent by way of consent already being sought from MERC to add an additional 1000 MW of RTC Power with more than 51 percent component from RE Power. Adani Electricity Mumbai Under the initiative, AEML customers can approach for Options to buy RE Power under current MERC announced scheme of providing 100 percent RE Power, by paying 66 paisa extra. AEML will be able to provide RE Certificates to customers as AEML will receive 700 MW supply from Hybrid solar and wind generation in Rajasthan towards end of 2022-23. It will also add an additional 1,000 MW power with substantial component of green energy (Already, put up for approval of MERC). AEML’s new initiative will help its customers who have global footprint and have stated the goal of sourcing 25 percent or higher share of their total energy consumption from renewable sources. The same can be met through RE certificates. This innovative step, the firm expects, will be a significant contribution for customers to meet their sustainability goals. Through a combination of direct renewable energy supply and indirect offsets, AEML will enable its corporate customers to meet their sustainability commitments at Mumbai, India and global level. Kandarp Patel, CEO and MD, AEML said “as the company significantly scales up its renewable energy projects, AEML will empower its customers to choose the source of their energy, making green electrons accessible to everyone and enabling the green energy transition. We can guarantee 100 percent green energy supply and certificates in Mumbai, without any modifications or disruptions. We will create customised renewable energy solutions for all customers to take full advantage of the renewable energy opportunities and achieve their sustainability goals.” The new initiative is a voluntary program and is for existing AEML consumers and prospective customers. All existing and new customers are eligible to participate. AEML will issue monthly certificates to such customers stating the percentage (%) of power requirement that has been sourced through renewable energy. Tags: Adani Electricity Mumbai, AEML, Discoms, India, Mumbai, Renewable Energy