OUR STRATEGY

Our Strategy 2.0 is enabling us to further support India’s larger goal of carbon neutrality and ensuring the availability of abundant renewable energy. On this backdrop, we are accelerating on our stated goal of becoming a 20 GW power generation company and 40 GWh energy storage company before 2030 and to become carbon neutral by 2050.

We are leading the way to a zero-carbon economy, boosting innovation and driving sustainable growth by setting ambitious emissions reduction targets. We aim to reduce carbon intensity of operation by 71% over the base of FY 2020 and achieve ‘no net loss’ of biodiversity by FY 2030. This will be driven by increasing the share of renewable in our portfolio mix.

With a prudent approach towards financial and operational management, we have maintained a strong balance sheet and relatively lower O&M costs. We aim to leverage our best-in-class project execution capabilities, prudent capital allocation, knowledge base, resilience and outstanding teamwork.

Our commendable project execution, prudent capital allocation, and planned capacity additions, supported by significant free cashflows would help us achieve our target under Stategy 2.0 while maintaining sustainable normalised net debt / EBITDA in the range of 3.5x-4.0x.