New Delhi [India], December 16 (ANI): Adani Power Limited on Tuesday said it has received recognition for its environmental, social, and governance performance following an appraisal by NSE Sustainability Ratings and Analytics Limited.
The company said it secured a score of 65 and was placed in the “Aspiring” category. According to a press release, the rating agency is a subsidiary of NSE Indices Limited and part of the National Stock Exchange of India group. The assessment was based on publicly available information.
Adani Power said the score placed it above other major thermal, mixed-fuel, and integrated energy companies evaluated under the same framework. The assessment reflected the company’s performance across environmental protection, social responsibility, and governance systems, with its power plants measured against industry benchmarks for operations and compliance.
On the environmental front, the company said it has deployed ultra-supercritical boiler technology to reduce emissions and lower carbon output. It added that continuous monitoring systems have been installed to enable timely corrective action. The company also highlighted energy-efficiency initiatives and water conservation measures, noting that several of its plants have adopted zero-liquid-discharge systems to reduce stress on local water resources.
Adani Power also outlined its social initiatives, stating that community programs focus on education, healthcare, and skill development in areas surrounding its operations. These include scholarships for students, health camps, and livelihood improvement projects. The company added that it places emphasis on worker safety, regular training, and workforce inclusion.
On governance, the company said it exceeds minimum regulatory requirements, citing higher-than-mandated independent director representation on key committees, including the Nomination and Remuneration Committee and the Audit Committee. It added that the Risk Management Committee also meets elevated standards of independent representation. Supplier and contractor standards, the company said, are aligned with ESG norms to promote responsible practices across the value chain.
The company noted that the NSE Sustainability rating complements other recent assessments. It cited a Sustainalytics ESG Risk Rating that placed Adani Power in the “Medium Risk” category with a score of 29.2, compared with the global electric utility industry average of 36.9, where a lower score indicates lower risk. It also referenced a CSR HUB rating of 77 percent, compared with a global industry average of 51 percent.
