Published by Todd Bush on November 13, 2023
MUMBAI, India--(BUSINESS WIRE)--Diwali, the festival of lights, symbolizes the triumph of good over evil, knowledge over ignorance, and light over darkness. Adani Electricity's unwavering commitment to sustainability and environmental stewardship beautifully aligns with these timeless values.
Adani Electricity is thrilled to announce a historic milestone on this auspicious day of Diwali, marking a significant step on our journey towards a Sustainable Future. Today, we illuminate not only homes but also hearts as we celebrated the festival of lights with a promise of a cleaner and brighter future.
For the very first time in history, 3 million households and establishments, comprising over 12 million Mumbaikars, were powered entirely by "clean" renewable energy sources. This monumental achievement underscores our dedication to sustainable development and responsible environmental practices.
On 12th November 2023, from 10:00 AM to 02:00 PM, we met the electricity needs of our customers by relying on renewable sources, including solar and wind. During this uninterrupted 4-hour period, the city was powered by clean energy.
In 2023, we have successfully met up to 38% of its consumers' electricity requirements from renewable sources, and our commitment remains unwavering to reach our target of 60% by 2027. By harnessing renewables, we take a giant leap toward reducing the carbon footprint of our beloved city.
Kandarp Patel, Managing Director of Adani Electricity, expressed his delight, stating, “Achieving 100% Renewable Energy is a First and a Significant milestone in Mumbai's Energy Transition, demonstrating that Renewables can significantly power Mumbai City with Reliable and Sustainable Electricity at competitive Tariffs. By lighting up Mumbai with Renewables, we not only celebrate the festival of lights but also the festival of a sustainable future.”
We are pleased to share this ground-breaking news with all Mumbaikars, who have been a part of this historic journey.
Adani Electricity Mumbai Limited, part of the diversified Adani Group, is an integrated business of power generation, transmission, and retail electricity distribution. Adani Electricity owns and operates the largest and most efficient power distribution network in India. Adani Electricity serves over three million consumers spread across 400 sq. km. in Mumbai and its suburbs meeting close to 2,000 MW of power demand with 99.99% reliability, which is among the highest in the country and provides excellent customer care services with the help of advanced technologies. For more information, please visit www.adanielectricity.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🔋 Why $1.7B Is Betting on Fuel Cells Over Nuclear for AI 🍁 Air Canada and Airbus Launch Joint Initiative to Scale Domestic Canadian SAF and Help Reduce the Life-Cycle Emissions o...
Inside This Issue 🍁 Alberta Cuts Carbon Costs to Fast-Track Pathways CCS 🏛️ EU Unveils Sweeping ETS Overhaul With €100 Billion Industrial Decarbonisation Bank 🌱 Consultation: Major Revision to Bio...
Inside This Issue 🔋 IDF, Oaktree to Invest $1.7 Billion in Bloom Energy Fuel Cells for AI Infrastructure 🌬️ Airhive Acquires Carbyon, Creating a European Leader in Low-Cost Direct Air Capture Tech...
Sustainable aviation fuel (SAF) could become a major driver of Canada's industrial and economic growth, while contributing to the global aerospace industry's aspirational goal to achieve 'net-zero ...
Turkish Airlines Joins SAFFA Fund
NEW YORK -- Turkish Airlines, the airline that flies to more countries than any other airline, signed an agreement to participate in SAFFA Fund I, LP (SAFFA Fund or Fund), an investment fund manage...
JERA Co., Inc. (JERA), a global energy leader and Japan's largest power generation company, today announced that it has signed a Memorandum of Understanding (MoU) with Samsung C&T Corporation (...
ZeroAvia and Safran Forge Partnership on Hydrogen-Electric Technologies
ZeroAvia and Safran have announced the launch of a collaboration dedicated to hydrogen-electric propulsion technologies for aviation. This partnership combines ZeroAvia’s cutting-edge expertise in ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.