RSWM Ltd, one of India’s leading textile manufacturers and the flagship company of LNJ Bhilwara Group, has signed an agreement with Adani Energy Solutions Ltd. (AESL) for supply of 60 MW of renewable energy.
Under the agreement, AESL will supply 60 MW of green energy to RSWM’s multiple plant locations, managing the entire green power value chain for the RSWM’s additional power requirement.
RSWM has invested INR 60 crore under the Group Captive Scheme with a renewable power generation company for the supply of 31.53 crore units of green power per annum to its manufacturing facilities across Rajasthan. With this addition, the contribution of renewable energy in RSWM’s total energy requirement will rise from the current 33% to 70% in the near future (two thirds of its total energy mix).
AESL, part of the Adani portfolio, is a multidimensional organization with presence in various facets of the energy domain, namely power transmission, distribution, smart metering, and cooling solutions. iT is the country’s largest private transmission company, with a presence across 16 states of India and a cumulative transmission network of 26,705 ckm and 97,236 MVA transformation capacity.
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