Adani Energy Solutions to supply 60 MW green energy to RSWM under Rs 60 cr investment
Gautam Adani-owned Adani Energy Solutions has signed an agreement with LNJ Bhilwara Group’s textile unit, RSWM Ltd. for the supply of 60 MW of renewable energy, the company announced on Wednesday. RSWM has invested Rs 60 crore under the Group Captive Scheme with a renewable genco for the supply of 31.53 crore units of green power per annum to its manufacturing facilities across Rajasthan.
As per the agreement, AESL will manage the entire green power value chain for the additional power requirement of RSWM Ltd. With this, the contribution of renewable energy in RSWM’s total energy requirement will rise from the current 33% to 70% in the near future.
