Our ongoing engagements address their concerns and help gain insights that ensure our success. This deep collaboration enables us to create long-term value for stakeholders and seize opportunities to deliver on our goals.
How We Engage with Our Stakeholders
We follow a structured process to identify, prioritise, and engage with our internal and external stakeholders based on business impact, responsibility, and influence. Impactful results are ensured through a robust stakeholder engagement policy, governance for oversight, and continual improvement by sharing best practices with our Board and Senior Management. We further have a holistic grievance mechanism to promptly address stakeholder concerns.
Our Engagement Mechanism
Stakeholder Identification
Identifying individuals, organisations, and groups that influence or are influenced by the company's operations.
Stakeholder
Categorisation
Segmenting identified stakeholders based on their roles, responsibilities, and direct or indirect relationship with the company.
Stakeholder Prioritisation
Evaluating stakeholder impact and engagement necessity to allocate focus and resources efficiently.
Engagement Strategy
Establishing clear communication channels to foster collaboration, address concerns, and align expectations for mutual benefit.
Led by a Comprehensive Governance Mechanism
Stakeholder Engagement Policy
Ensures transparency and regulates the process
Corporate Responsibility Committee (CRC)
Reviewing engagement with stakeholders
Stakeholders' Relationship
Committee (SRC)
Address specific set of stakeholders like investors, analysts, shareholders, etc.
Shareholders and Investors
They provide debt and equity that support our expansion. We ensure sustained availability of capital by communicating our performance and strategy.
Their Needs and Expectations
- Prudent financial management
- Business growth, dividend, and share price appreciation
- Strong governance, risk management, and sustainability disclosures
How We Create or Preserve Value
- New agreements: 25-year PPA (5 GW) with MSEDCL and C&I deal (61 MW) with Google
- Holdco bond redemption and equity infusion by Total Energies
- Enhanced merchant and C&I portfolio for revenue maximisation
- 50 GW growth planning in place
42%5-year Capacity Additions CAGR
Related Material Themes
M1
M5
M6
M8
M10
M11
M12
Capitals Impacted
Shareholders
Shareholders and Investors
Customers
Employees (Own and Contractual)
Vendors (Suppliers and Contractors)
Local community
Government/ Regulator
Media and NGO
Material Topics
M1GHG Emissions and Climate Change
M2Waste Management
M3Water Management
M4Biodiversity and Habitat Management
M5Operational Efficiency and New Business Opportunities
M6Occupational Health and Safety
M7Employee Well-Being
M8Human Rights
M9Human Capital Development
M10Business Ethics and Transparency
M11Supply Chain Management
M12Corporate Governance and Organisational Culture
Customers
They procure power which drives our business growth.
Their Needs and Expectations
- Compliance with grid code transmission availability
- Reconciliation of accounts
- Faster grievance redressal
How We Create or Preserve Value
- Power generation planning and scheduling
- Timely communication on reconciliation and settlements
- Timely grievance resolution
- Tech-enabled O&M – delivering generation higher than PPA commitment
20,483 million unitsunder PPA
2,213 million unitson merchant basis
5,274 million unitsunder PPA, currently sold on merchant basis
Related Material Themes
M1
M5
M10
M11
M12
Capitals Impacted
Employees (Own and Contractual)
Employees execute strategy, drive operations and address customer requirements. The contractual workforce ensures seamless project execution and O&M across multiple locations.
Our engagement focusses on their skill-building, development and well-being to deliver on our strategy.
Their Needs and Expectations
- Safe, engaging and rewarding workplace
- Career growth and well-being
- Grievance redressal and human rights
- Timely and fair salaries and contractual payments
How We Create or Preserve Value
- OHS system, automation and safety innovations for zero harm
- Programmes for training, skill development, diversity and inclusion
- Employee well-being covering financial, wellness, health and family benefits
₹128 croreTotal employee benefits
Related Material Themes
M6
M7
M8
M9
Capitals Impacted
Vendors (Suppliers and Contractors)
They are pivotal to our value chain.
We engage to align expectations and business objectives, strengthening relations and building supply chain resilience.
Their Needs and Expectations
- Steady orders, pricing, and negotiation
- Ethical and fair practices
- Capacity building and ESG support
- Timely payments and grievance redressal
How We Create or Preserve Value
- Conducted technical training and ESG workshops
- Supplier risk and ESG assessment, with corrective action plan
- Digital payment system support
- Grievance redressal mechanism
- Fairness with code of conduct and structured onboarding process
62.6%Procurement from suppliers within India (36.7% allocated to local MSMEs/small producers)
Related Material Themes
M6
M10
M11
Capitals Impacted
Local community
Engagements build trust and create opportunities for shared growth, helping promote a positive work culture and securing our social licence to operate.
Their Needs and Expectations
- Access to clean water and sanitation facilities, roads, etc.
- Quality healthcare infrastructure, mobile health units and community awareness efforts
- Schools, educational programmes, and rural educational infrastructure support
How We Create or Preserve Value
- Transforming learning nationwide through 36 schools and programmes to improve outcomes in government schools and inspiring young minds
- Offering mobile healthcare units, health camps, rural clinics, and hospitals
- Water conservation projects in Jaisalmer and Barmer
- Enhancing productivity and breed quality of livestock through farmer training in Rajasthan and Gujarat
- Providing workshops on menstrual hygiene, family planning, nutrition, and mental health
₹31.48 croreContribution to community development
2,21,641Direct and indirect beneficiaries
Related Material Themes
M1
M2
M3
M4
M6
M8
Capitals Impacted
Government/ Regulator
They are pivotal in shaping our industry’s legal and regulatory framework and monitoring our business operations. Collaborative engagements ensure a conducive business environment, legal compliance, and aligning our business objectives with national priorities.
Their Needs and Expectations
- Adherence to regulatory compliance
- Transparency in tax payments
- Employment generation, community development and stable green power supply
- ESG practices and focus on climate change
How We Create or Preserve Value
- Published ESG and tax transparency reports
- Ontime statutory payments and information/report submissions
- Robust compliance and governance framework
- Long-term PPAs and target to meet ~10% of India’s green power capacity by 2030
₹10,653 crorePayment to national exchequer
Related Material Themes
M1
M2
M3
M4
M8
M10
M12
Capitals Impacted
Media and NGO
They help effectively communicate our vision and strategies to the wider public and stakeholders, helping shape our perception and improving visibility for business growth.
Their Needs and Expectations
- Transparent communications on business and sustainability
- People, community and planet responsibility
- Legal compliance and robust management systems
How We Create or Preserve Value
- Investment in socio-economic and environmental programmes
- Integration of environmental, energy and OHS management systems
- Communication/reporting through multiple published documents, press releases and media briefings
14Number of press releases issued in FY 2024-25
360Social media posts in FY 2024-25
Related Material Themes
M1
M3
M4
M8
M10
M12
Capitals Impacted
Click here to read our stakeholder’s policies
