March 3, 1839 - May 19, 1904
“ We are uniquely positioned to lead the transformation of the energy sector, balancing growth, sustainability and energy security."
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“ This year reflects our sustained focus on creating long-term value through disciplined growth, operational excellence and strategic partnerships. The addition of new clean energy assets, steady progress in TBCB projects, continued improvement in Distribution businesses in Odisha, Delhi and Mumbai, and strengthening of cross-border regional energy collaboration, all underscore our commitment to building a more resilient energy future."
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Our distribution network powers 13.1+ million customers across Mumbai, Delhi, Odisha, and Ajmer, supported by a robust transmission infrastructure spanning 7,403 ckm, including 1,841 ckm under construction, across Mumbai, Uttar Pradesh, West Bengal, Bihar, Rajasthan, and Haryana. We are aligned with India's progress through the National Smart Grid Mission and support it with our smart metering project with 50+ lakh smart meters installed across the nation.
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Our Renewables business is central to meeting India's rising energy needs while advancing the country's transition to cleaner sources of power. This cluster spans utility-scale solar, wind and hybrid projects, along with solar cell and module manufacturing, and solar engineering, procurement and construction capabilities.
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We are reimagining the consumer energy ecosystem through intelligent, sustainable solutions, from rooftop solar and smart metering to battery storage, electric mobility, and connected home technologies.
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We operate 10,383 MW of conventional and hydropower assets across North, West, and East India, focused on delivering reliable and affordable power through safe and competitive operations. As the energy landscape evolves, we are continuing to support India's growing energy needs through sustainable and efficient generation with lower environmental impact.
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Business strategies
Our strategy balances the demands of the present with the opportunities of the future. We are sharpening operational performance in our core businesses, scaling clean energy across multiple clusters, and investing in high-potential adjacencies such as rooftop solar, Energy-as-a-Service solutions, pumped storage, and EV charging to strengthen long-term competitiveness.
Read moreProfitable scaling up of Renewables, Transmission Networks, Power Distribution Services and Energy Solutions business
Maintaining financial leverage at targeted levels
Developing future energy services and solutions
Minimising coal cost under recovery in Mundra
Leadership in ESG and sustainability domain with commitment to attain Carbon and Water Neutrality, No Net Loss of Biodiversity and Zero Waste to Landfill
Leveraging digital platforms to drive customer-centric businesses and enable operational efficiency
Creating an engaged, agile, inclusive and future-ready workforce
Set new benchmarks in operational excellence and financial returns for existing businesses
Governance framework
Our governance framework establishes a systematic approach to oversight, ethical standards and transparent accountability. It enhances decision-making throughout the organisation while promoting trust in the management and control of the business.
Read moreRisk management
Operating across diverse business clusters brings exposure to a wide range of risks. Our Enterprise Risk Management (ERM) framework is aligned with strategy and business planning, enabling us to identify, assess and respond proactively to a fast-changing external environment.
Read moreDecarbonisation roadmap
Our Net Zero ambition for 2045 is supported by a defined decarbonisation strategy. Through strategic renewable expansion, carbon-intensity reduction and a gradual transition from thermal operations, we are aligning portfolio evolution with long-term climate goals.
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We were largely a coal-based company, having the capacity to fulfil the energy demands of a developing India
We are transitioning towards a Clean and Green portfolio through renewable energy capacity expansion
We shall continue to pursue more and more Clean and Green capacities while transitioning away from the thermal portfolio
Decarbonising across the value chain
We adopted a scientific approach to assess greenhouse gas (GHG) emissions across our value chain, enabling comprehensive accounting of Scope 3 emissions. This approach addresses the requirements of stakeholders across both upstream and downstream segments, with a strong emphasis on accurate estimation and transparent reporting of all relevant emission categories.
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Stakeholders
Our purpose to empower a billion lives with sustainable and affordable energy relies on the strength of our partnerships.
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