Moneycontrol PRO
HomeNewsBusinessAdani Electricity Mumbai supplies green power for 4 hours on Diwali

Adani Electricity Mumbai supplies green power for 4 hours on Diwali

In 2023, AEML successfully met up to 38 percent of its consumers' electricity requirements from renewable sources. It aims to reach 60 percent by 2027.

November 13, 2023 / 16:35 IST
On November 12, 2023, from 10 AM to 2 PM, we met the electricity needs of our customers by relying on renewable sources, including solar and wind.

Adani Electricity Mumbai Limited (AEML) supplied uninterrupted clean renewable energy for four hours to three million households and establishments on Diwali, the company said in a statement on November 13.

"On November 12, 2023, from 10 AM to 2 PM, we met the electricity needs of our customers by relying on renewable sources, including solar and wind. During this uninterrupted 4-hour period, for the first time in history, three million households and establishments, comprising over 12 million Mumbaikars, were powered entirely by clean renewable energy sources," the company said.

To be sure, renewable energy such as solar power is available at its peak during the day hours. The night time demand is mostly met through coal-fired power in the absence of storage systems for round the clock renewable energy.

In 2023, AEML successfully met up to 38 percent of its consumers' electricity requirements from renewable sources. It aims to reach 60 percent by 2027.

Kandarp Patel, Managing Director of Adani Electricity, said, "Achieving 100 percent 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."

AEML, part of the diversified Adani Group, is an integrated business of power generation, transmission, and retail electricity distribution. It 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 percent reliability, which is among the highest in the country and provides excellent customer care services with the help of advanced technologies.

Moneycontrol News
first published: Nov 13, 2023 04:35 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347