Asahi India Glass Ltd (AIS) has signed a managed hybrid power supply and energy management agreement with Adani Energy Solutions Ltd (AESL), as per PTI report.
The arrangement applies to AIS facilities in Bawal (Haryana), Roorkee (Uttarakhand) and Patan (Gujarat), according to company statements.
Under the mandate, AESL’s commercial and industrial (C&I) division will manage an electricity requirement of about 15.50 crore units per year for AIS.
Around 11 crore units will be sourced from renewable energy, while the remaining volume will come from conventional sources to ensure continuous supply.
The agreement is expected to lift the share of renewable energy in AIS’s overall electricity mix to about 70%, from roughly 30% earlier. The hybrid structure combines renewable and conventional power under a single managed framework for multiple sites.
The shift towards higher renewable sourcing is estimated to cut carbon dioxide emissions by around 72,300 metric tonnes annually. This is equivalent to the impact of planting more than 36 lakh trees.
The managed model is also intended to support predictable power costs and stable supply across facilities.
AESL will oversee the full power value chain under defined service level parameters. This includes supply optimisation, reliability assurance and energy cost management.
The structure allows industrial users to outsource electricity procurement and management functions.
AESL’s C&I vertical provides power solutions to large consumers in sectors such as cement, chemicals, textiles and automotive manufacturing.
The platform has an aggregate demand portfolio of over 1,300 megawatts and is targeting 7,000 megawatts over the next five years.
As of 2025, renewable energy procurement by C&I consumers in India exceeded 30 gigawatts, with a compound annual growth rate of about 22% between 2020 and 2024.
Read More: Adani Group Stocks Lose ₹1.4 Lakh Crore After Reports on SEC Seek Court Nod in Bribery Case!
As of January 27, 2026, 10:15 am, Adani Energy Solutions share price was trading at ₹841.90, a 3.59% increase from the previous closing price.
The mandate increases the share of renewable electricity in AIS operations and shifts power management to a centralised hybrid supply framework across its manufacturing sites.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jan 27, 2026, 11:07 AM IST
Team Angel One
We're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
EN