Adani Power has been awarded an ESG rating of 80.0 by CareEdge, positioning it in the Leadership category. The company, known for operating in the carbon-intensive thermal power sector, surpassed industry standards on the environmental front. Adani Power achieved an impressive environmental score of 75.6, outshining the industry median of 50.2, driven by reduced emissions intensity and enhanced energy efficiency.
The company’s environmental success can be attributed to its focus on supercritical and ultra-supercritical technologies, which enhance thermal efficiency and reduce coal consumption. Despite an increase in absolute emissions during FY25 due to capacity expansion, Adani Power managed to lower emissions intensity by approximately 1% annually, maintaining levels below the sector average. Scope 2 emissions were notably minimal, thanks to the utilization of captive generation and rooftop solar systems.
Adani Power’s decarbonization strategy aims for net zero emissions by 2070, aligning with India’s climate goals. Immediate plans involve efficiency enhancements, while long-term strategies include adopting alternative fuels, energy storage, green hydrogen, and carbon capture technologies. The company excelled in the social pillar with a score of 81.6, showcasing strengths in occupational health, community engagement, and employee welfare.
On the governance front, Adani Power scored 85.8, supported by a robust compliance framework and effective board oversight. With a current generation capacity of 18.15 GW, Adani Power plans to expand to 23.72 GW by 2032 through a substantial $22 billion capex program, marking India’s largest private sector investment in the sector.
