Our vision
Targets |
Progress as on FY22 |
|---|---|
|
Increase share of clean and green energy in the Company's portfolio to 80% by FY30 |
34%Clean and green energy portfolio |
|
40 million customer base across distribution businesses by FY27 |
12.3 millionCustomer base in T&D |
|
Being the leading EV charging network provider in India |
2,200+Public EV charging stations spread across 352 cities |
Targets |
Progress as on FY22 |
|---|---|
|
Attain carbon net zero before FY45 |
707 MWNew renewables capacities added |
|
Reduce specific fuel consumption by improving operational efficiency |
20.3 MTCoal consumption in FY22 |
|
Benchmark in waste management (gainful fly ash utilisation) |
100%Current fly ash utilisation |
Targets |
Progress as on FY22 |
|---|---|
|
Strengthening of balance sheet by maintaining debt to a sustainable level |
1.53Net debt to equity ratio 1.31Interest coverage ratio 3.92Net debt to underlying EBITDA |
|
Adopting debt-light models through innovative financial restructuring |
60%Capex financed through internal accruals ₹ 4,000 croreFund committed by BlackRock and Mubadala for Renewables business |
Targets |
Progress as on FY22 |
|---|---|
|
Establishing digital platforms for new businesses like EV charging, home automation and energy services |
Investments in SMART grid technologies such as smart meters, sensors, IoTs to make more intelligent and efficient network Development and upgradation of energy storage and battery system, specially to meet high energy demand EZ Charge and EZ Home application launched |
|
Leveraging data analytics to deliver customised solutions and valueadded services (VAS) to customers |
Smart meter based solution being rolled out for distribution customers as VAS Digital solutions in Solar Rooftop business for end consumers Established policy for data privacy and security |
|
Generating insights from various customer data across businesses to improve offerings |
C-SAT score above 90% for all Discoms |
Targets |
Progress as on FY22 |
|---|---|
|
Focusing on adapting and introducing new models for satisfying energy needs of customers |
3.75 lakh+Smart meters installed in Delhi and Mumbai Green power open access solutions Green day ahead market participation Green power Floating solar |
|
Becoming the one-stop-solution provider for varied customer needs on energy through integrated offerings |
Established and well received offerings:
|
Targets |
Progress as on FY22 |
|---|---|
|
Enhancing employee engagement, and targeting to be amongst the employers of choice |
97%+Retention rate 7.8 lakh+Training hours in FY22 |
|
Building organisational capabilities to drive customer centricity |
20,089 hoursTraining for customer-facing personnel 17,827 hoursLearning on Gyankosh platform |
|
Creating next-generation leaders |
46,364 hoursTraining for middle and senior management 244 new hiresFrom top business/ engineering schools Tiered leadership development programmes – SLDP, AYLP and ELP |
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Focusing on diversity and inclusion |
10%Women in leadership positions 8%Women in overall full-time workforce |
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Nurture existing core competencies and build new competencies in the areas of innovation, technology and digital platform |
Digital academy creating digital literacy for fuelling transformation and growth Collaborations with academia 60+Collaborations with bodies for new innovations, competency development, etc. |
|
Nurturing the culture for employee volunteering |
5.37 hoursVolunteering hours per employee |
Targets |
Progress as on FY22 |
|---|---|
|
Optimising the coal cost under recovery through better coal sourcing and optimal blending |
39%Blend Supplementary PPA in advanced stage of discussion with full pass through of coal |
|
Operating plant at optimum efficiency levels and achieving better operational parameters |
Aligned to production levels enabled by regulatory norms |
Targets |
Progress as on FY22 |
|---|---|
|
Achieving benchmark performance in various operational parameters in thermal and hydro plants |
Reduction in forced outage Use of digital platforms and analytics to optimise plant performance |
|
Maximising incentives in regulated businesses |
` 75 croreTotal incentives earned |
|
Operating RE portfolio at benchmark and above design parameters to increase the yield |
Availability improvement and generation optimisation through technology interventions |
|
Aggregated Technical and Commercial (AT&C) loss reduction in Odisha Discoms |
Being reduced and operations stabilising |
|
Improving asset performance by maximising digital initiatives |
New age initiatives such as customer service chatbot Introducing Industry 4.0 technologies including Artificial Intelligence in operations |
Carbon net zero before 2045
Clean capacity 80% by 2030
Customer centric businesses
Utility benchmark in water management before 2030
Zero waste to landfill before 2030
Impact 80 million lives directly by 2027
Decarbonisation
To become carbon net neutral before 2045
Thought Leadership
To become a global sustainability benchmark
Circular Economy
Move towards water neutrality or positivity and zero waste to landfill before 2030
Education
Train 35 lakh+ youth in as conservation and STEM* education champions by 2027
Employability & Employment
20 lakh+ youth trained and made employable by 2027
Entrepreneurship
Enable 1 lakh+ community collectives (Self Help Groups) by 2027
*Science Technology Engineering Mathematics