Adani Green Energy 

Adani Green turns Water Positive for plants with operating capacity of over 200 MW  

Ahmedabad

19 April 2023

  • The DNV verification statement signifies AGEL’s water conservation is greater than consumption for FY23, aligning with the UN Sustainable Development Goal 6
  • AGEL’s Water Balance Index for operating plants with more than 200 MW capacity is 1.12 (Positive), surpassing its target to become Net Water Neutral by FY25, way ahead of time
  • AGEL has a 99.5% lower freshwater consumption per unit of generation as against 3.5 KL/MWh statutory limit for thermal power in FY23

Adani Green Energy Ltd (AGEL), the world’s largest solar power developer and the renewable energy arm of the diversified Adani portfolio companies, has been certified “Water Positive” by DNV, an independent global assurance agency. The verification statement signifies that AGEL’s water conservation is greater than consumption.  

DNV conducted qualitative and quantitative assessment of water balance index for AGEL’s operational sites greater than 200 MW capacity at Tamil Nadu, Rajasthan, Karnataka, Gujarat and Andhra Pradesh. As per the assessment, the water balance index is 1.12 (positive), surpassing its target to become Net Water Neutral by FY25, way ahead of time.  

The verification process entailed sample-based checks and the methodology, measurement techniques, estimation methods, assumptions and uncertainties involved in the process of water accounting as adopted by AGEL. Besides, DNV also performed a desk review of the water balance details and quantification methodology at various sites and rainwater harvesting structures such as rainwater recharge pits and storage ponds at these sites. Onsite verification of water credit structures was performed at Tamil Nadu, Chhattisgarh, Rajasthan and Gujarat. 

Water balance is the difference between water credit and water debit, where water credit is the summation of estimated/metered volume of harvested rainwater, groundwater recharge quantities by the Company, which replaces intake of estimated freshwater through specific source approach. Water debit denotes the volume of estimated/metered freshwater intake at the solar and wind operational plants of AGEL. Solar power plants utilise water for panel cleaning. This is essential to optimise the performance of solar panels.   

AGEL has a 99.5% lower freshwater consumption per unit of generation as against 3.5 KL/MWh statutory limit for thermal power in FY23. Being cognizant of the growing concern around the scarcity of freshwater resources, AGEL is striving towards water stewardship and is aligned with the UN Sustainable Development Goal 6. With third-party procured surface water as our primary source and incorporation of robotic module cleaning systems, we continue to monitor and reduce our freshwater consumption.  

About Adani Green Energy Limited 

Adani Green Energy Limited (AGEL), a part of India-based Adani Group, has one of the largest global renewable portfolios with overall locked-in portfolio of 20.4 GW including operating, under-construction and awarded projects catering to investment-grade counterparties. The company develops, builds, owns, operates and maintains utility-scale grid-connected solar and wind farm projects. Key customers of AGEL include Solar Energy Corporation of India (SECI), National Thermal Power Corporation (NTPC) and various State Discoms. Listed in 2018, AGEL is a listed renewable company helping India meet its COP26 goals. 

 

For more information, visit: www.adanigreenenergy.com 

For further information on this release, please contact: Roy Paul | roy.paul@adani.com