New Delhi: RSWM Ltd, the flagship textile company of the LNJ Bhilwara Group, has signed a strategic agreement with Adani Energy Solutions Ltd. (AESL) to procure 60 MW of renewable energy, marking a major milestone in its sustainability journey.
Under the Group Captive Scheme, RSWM has invested ₹60 crore with a renewable generation company to secure 31.53 crore units of green power annually for its manufacturing facilities across Rajasthan. This initiative will elevate the share of renewable energy in RSWM’s total energy mix from 33% to 70%, significantly surpassing India’s national clean energy average of 31%.
AESL will manage the entire green power value chain for RSWM’s additional energy requirements, reinforcing its role as a leading energy solutions provider for the Commercial & Industrial (C&I) sector.
Riju Jhunjhunwala, Chairman, Managing Director and CEO of RSWM Ltd, stated, “This achievement underscores our long-term vision to align growth with sustainability and reinforce our position as a forward-looking industrial leader. By sourcing 70% of our total energy requirement from renewable sources—well above the national average—RSWM continues to set industry benchmarks in responsible energy transition.”
Kandarp Patel, CEO of Adani Energy Solutions Ltd, added, “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 ensuring sustainability.”
Rajeev Gupta, Joint Managing Director of RSWM Ltd, emphasized, “With an equity investment of ₹60 crores, it’s a milestone in our sustainability journey, aligning with global clean energy benchmarks and emphasizing our commitment towards the noble cause. By integrating hybrid power, RSWM is not only reducing its carbon footprint but also enhancing long-term energy security and operational efficiency.”
RSWM’s sustainability strategy spans renewable energy adoption, circular material flows, and responsible water use, positioning it as a future-ready textile leader contributing to a regenerative and resilient economy.
AESL’s C&I vertical continues to expand its footprint by offering reliable, competitively priced, and increasingly green power to bulk electricity users. The company is targeting a C&I portfolio of 7,000 MW over the next five years.
