Adani Electricity launches green energy option to Mumbai customers
Published 8 April 2021
Adani Electricity Mumbai Limited (AEML), a part of the Adani Group
has launched its Mumbai Green Energy initiative, with an aim to play a pivotal role in Mumbai’s transition towards green energy.
As a part of this initiative, customers will have a flexibility to choose renewable energy consumption options, a move which is the first of its kind in India.
Further, AEML will source over 30 per cent of its energy requirement through renewable energy by 2023 and further increase this share to 50 per cent by way of consent already being sought from Maharashtra Electricity Regulatory Commission (MERC) to add additional 1000 MW of Round The Clock (RTC) Power with more than 51 per cent component from RE Power. Indian regulations mandate approval from a regulatory commission such as MERC before any scheme is rolled out to customers.
AEML customers can ask the utility for options to buy RE Power under the current MERC scheme of providing 100 per cent RE Power, by paying 66 paisa extra. Also, 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.
AEML will also add an additional 1,000 MW power with substantial component of green energy, which has already, put up for approval of MERC.
Kandarp Patel, CEO and MD, AEML, said “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 per cent 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.”
This Mumbai Green Energy 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.
Rapid strides are underway in Asia towards clean energy consumption. Recently, Singapore-based solar firm Sunseap Group will form a joint venture with Malaysia’s largest electricity utility, Tenaga Nasional Bhd (TNB). This joint venture trial is to import clean electricity into Singapore, from Malaysia.
According to the terms of the agreement, the partnership will import 100 MW of electricity to be generated from renewable energy sources, TNB and Sunseap said in a joint statement.