Sustainability

Environment

AEML's initiatives towards reduction of carbon footprint

• 275 MUs of renewable energy procured (~ 3% of total energy procured).
• AEML has already tied up 700 MW grid connected hybrid power (solar and wind) at Rs. 3.24 per unit, delivering 50% CUF, for which regulatory approval has been received.
• AEML-D filed petition for before MERC for power procurement of 1,000 MW RE + Thermal RTC Power. This is to further boost the RE contribution in AEML-D's energy mix
• By FY 2027, we target to 50% procure power from renewable resources.
• AEML offers Green Energy flexibility to all Mumbai customers, through MERC approved scheme and additional through Green Energy certificates duly traceable to green Renewable Energy.
• Roof top Solar Panels installation & commissioning completed at Aarey, Versova & Ghodbunder EHV Sub Station. Total capacity added - 245 kW
• Energy saving programs implemented by the Company in past years, continues to accrue energy savings. We have cumulatively save 60.04 mus through this program.
• Around 87,000 Old HPSV lamps replaced by energy efficient LED luminaries. This is help to reduce energy consumption by 41% (from 48.61 Mus to 28.64 Mus)
• The Company has deployed 6 electric vehicles, 1 E-Verito (Sedan) and 5 nos. of eSupro (passenger vehicle) to carry out its network management activities since 2018. We have set up Electric Vehicle Charging Points at 8 strategic office locations to charge our fleet of all the 6 electric vehicles.
• Company has made tie-up with M/s Mass Tech Controls for owning and operating the Public EV Charging Station in MIDC (Andheri), Kalanagar Receiving Station (BKC) and Adani Electricity Management Institute (SEEPZ).
• Greenhouse Gas (GHG) Inventory of Adani Electricity Mumbai Limited

Society

AEML through Adani Foundation, execution partner, has been striving to create sustainable opportunities for the marginalized communities for their basic right of Quality Education, Health Facility, Quality & Sustainable Livelihood, and Community Infrastructure.

Community Infrastructure

Lightening the city of Mumbai

• AEML responsively tackled Social Responsibility and electrified Gorai village, tribal hamlet Navsachapada at Aarey Colony after 70 years
• AEML lightened up hutments by releasing new connections in Sidharth Nagar, Andheri (West) to 96 occupants, post receiving approval from the Maharashtra Coastal Zone, Management Authority (MCZMA), MHADA, and MCGM.
• Power supply released to Yagnik Nagar in Amboli after 25 years.
• Installed 111 streetlights across Chembur, Charkop, Jogeshwari, Bhayander and BKC for the safety of people.

Agwan village near Dahanu is not having drinking water facility. Due to marshy land condition ground water is not of drinking quality. Agwan villagers used to walk 3 to 4 kms to bring drinking water. AEML had installed Drinking water Filtration Plant at Agwan – Mothapada of capacity 5 m3/hr.; around 5,500 people benefited.

Developing infrastructure and sanitation facility for girl students at Modern School, Marol, Andheri (E)

Health

Any country can develop, only if its people are healthy. AEML has undertaken certain initiatives, to imbibe a healthy standard of living.

Adani Electricity rise to the challenge of COVID-19.

Supply released to 2,957 flats and 9 hospitals with 500 bed capacity identified for quarantine purpose.

Supply released within 24 hours to a 30,000 sq. feet camp at Versova ground built by Maharashtra Home Guards with a capacity to accommodate 500 people.

Swachhagraha with safety

To create a culture of cleanliness and spreading awareness on safety, it also targets children as change agents to bring about behavioral and attitudinal change. Activities and programs under this initiative are executed through Swachhagraha dals (Group) and Preraks in schools.

Adani Electricity with support from BMC launched 'Safety Swachhagraha' program in 2,269 schools in Mumbai under the gambit of the Prerak Training Program

Sustainable Livelihood Development

Project Saksham (Skill Development)

This is an initiative by AEML to bridge the socio-economic gap by providing the needy & destitute women with skills which will make them competent and capable to earn a sustainable livelihood. The skill Centre shall have multiple skill development options and shall provide training in various courses like

• English Speaking
• Digital Literacy
• Financial Literacy
• Home Health Care
• Bill Distribution
• Meter Reading

Women Employment

In September 2020, Saksham Trust was invited to be a part of the project of Adani Electricity, Mumbai for providing unskilled women an opportunity for Equal work for Bill Distribution and Meter Reading for parts of Mumbai Region.

Currently there are 20 Women Bill Distribution Executives and 1 Women Computer Operator and 2 Women Supervisors and more 14 Women will be joining us for the Meter Reading Work by end of April 2021. This opportunity by AEML had directly impacted 37 lives of under privileged women positively. Not just their lives but their whole family is growing along with them. These women had no standing or identity of their own in society and were dependent on other for even for a meal and this lockdown had made the lives very difficult for them to survive.

Self Employment

AEML in association with "NABARD" initiated a program "Integrated Tribal Development Project in selected 11 villages of Dahanu Taluka as 50:50 contribution. This project is executing through project implementing agency "MITTRA"..

The programmed is phased over 7 years, for developing 1 acre "Wadi" for landowners. 1,000 landowners have registered and benefited.

100 landless tribal registers for livelihood support in various speacilised business

1,142 candidates trained and out of these 1,142 and 1,063 candidates respectively got employment in local Manufacturing units in Dahanu area

Education

More than 1,500 students has been provided educational material and installed E-Learning kits in 23 Zilla Parisad Schools in Dahanu areas.

Governance

The Adani Group/AEML has also aligned and strengthened all its business strategies on the foundation of ethical and radically transparent business operations. The AEML Board that consists of independent directors having dynamic and vast experience, continue to follow the highest standards of corporate governance and seek to embed and sustain a culture that will enable them to achieve their long-term strategic objectives, by building durable partnerships and upholding the core values of Trust, Courage and Commitment.

AEML Board governance comprises of Audit Committee, Nomination & Remuneration committee and Corporate Social Responsibility Committee with maximum composition of Independent Directors.

Qatar Investment Authority (QIA), that has a track record of investing in world class global infrastructure projects, is a strategic partner of AEML with 25.10% equity holding.

Considering corporate governance more of an ethical requisite than a regulatory necessity, AEML has voluntarily adopted and evolved various practices of governance conforming to the highest ethical and responsible standards of business. These practices reflect the way business is conducted and value is generated.

AEML board comprises of 7 directors - 1 Executive Director. 4 Non-Executive/Non-Independent 2 Independent Directors (1 director is women).

AEML Board governance comprises of Audit Committee, Nomination & Remuneration committee and Corporate Social Responsibility Committee

Detail Terms of reference of each committee and other information can be viewed on https://www.adanielectricity.com/Investor-Relations

We have also constituted management committee comprising experts of each function and having experience to overview the operations of the company.