RSWM Ltd, one of India’s leading textile manufacturers and the flagship company of the LNJ Bhilwara Group, has entered a landmark agreement with Adani Energy Solutions Ltd (AESL) to source 60 MW of renewable energy for its manufacturing facilities across Rajasthan. The move represents a major step toward RSWM’s goal of achieving a 70% renewable energy share in its total power consumption.
Under the Group Captive Scheme, RSWM has invested ₹60
crore with a renewable power generator to secure 31.53 crore units of green
electricity annually. This initiative will nearly double the company’s current
renewable contribution from 33%, positioning it well ahead of India’s national
clean energy average of 31%.
Riju Jhunjhunwala, Chairman, Managing Director and CEO
of RSWM Ltd, said the partnership reinforces the company’s long-term commitment
to align industrial growth with environmental stewardship. “This achievement
strengthens our vision of sustainable expansion and reflects our leadership in
India’s responsible energy transition,” he stated.
Adani Energy Solutions’ CEO, Kandarp Patel, emphasized
the strategic importance of the collaboration, calling it a milestone in
industrial decarbonization. “Our partnership with RSWM highlights how renewable
power can accelerate competitiveness while promoting sustainability,” he noted.
According to Rajeev Gupta, Joint Managing Director of
RSWM Ltd, the integration of hybrid power will not only reduce the company’s
carbon footprint but also improve energy security and operational efficiency.
RSWM currently operates 12 state-of-the-art
manufacturing facilities with over 6.27 lakh spindles and exports to more than
70 countries. The company’s sustainability efforts already prevent 8 lakh
tonnes of CO₂ emissions annually and recycle 183 crore PET bottles every year.
According to Rajeev Gupta, Joint Managing Director of RSWM Ltd, the integration of hybrid power will not only reduce the company’s carbon footprint but also improve energy security and operational efficiency.
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