Business Economy


RSWM, Adani Energy Solutions join hands for sustainable future

New Delhi, Nov 5 (UNI) RSWM Ltd, one of India’s leading textile manufacturers and the flagship company of LNG Bhilwara Group, has signed an agreement with Adani Energy Solutions Ltd for the supply of 60MW of renewable energy, an Adani statement said today.
The agreement marks a milestone in the sustainable journey of Adani Group.
Under the deal, AESL will manage the entire green powder value chain for the additional power requirements of RSWM Ltd.
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 in Rajasthan.
With this addition, the contribution of renewable energy in the RSWM total energy requirement will rise from the current 33-70 percent in the near future (two-thirds of the total energy mix).
Riju Jhunjhunwala, Chairman, Managing Director, and CEO of RSWM Ltd, said, “This achievement underscores our long-term vision to align growth with sustainability and reinforce our position as a forward-looking industrial leader. By sourcing 70pc of our total energy requirement from renewable sources, well above the national average of India’s clean energy mix, that is 31pc, RSWM continues to set industry benchmarks in responsible energy transition.”
On the other hand, Kandarp Patel, CEO of Adani Energy Solutions Ltd, said, “ We are delighted to partner with RSWM on this landmark initiative that demonstrates how sustainability is becoming integral to businesses. This collaboration is a testament to the scalability and impact of renewable power in strengthening industrial growth while securing sustainability. As a leader in energy solutions provider for the Commercial and Industrial Sector, we feel privileged to play a catalytic role in helping industries decarbonize through our innovative offerings.”
RSWM’s sharp focus on embedding sustainability into every strand of its operations, through renewable energy, circular material flows, or responsible water use, has made it a future-ready textile leader that contributes to a regenerative and resilient economy.
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