Aspirations are affirmations. Commitments towards ambitions that are beyond ordinary. Apraava Energy strives to shape a tomorrow that is cleaner, greener, sustainable and better for all.
Apraava Energy has earned the reputation of being a reliable energy player committed to the highest corporate governance standards. Today, we are one of India’s largest diversified power firms, with robust growth goals in the renewable power space alongside increasing investments in transmission and Advanced Metering Infrastructure (AMI).
Read MoreIndia has set bold renewable energy targets, and Apraava Energy is poised to partner with the country in its net zero ambition. We are among the handful of players in the power sector to have committed to the Science Based Targets Initiative (SBTi), which recently validated our target of reducing our Scope 1 and Scope 2 GHG emissions intensity (tCO2e/MWh) by 46.3% by 2027 compared to base year of 2022.
Read MoreAs an Independent Power Producer (IPP), Apraava Energy has been operating for more than 20 years and has achieved significant financial success. Our business portfolio includes solar and wind power generation and transmission, and a super-critical coal-fired power plant. Our largest wind asset of 250 MW at Sidhpur in Gujarat recently cleared all stages of regulatory approval and is currently in the construction/commissioning stage. Apraava Energy has forayed into Advanced Metering Infrastructure and will install smart meters in Assam and Gujarat. We are excited to partner with the nation in achieving bold energy targets.
Em-Powering lives sustainably for a happy planet
To partner in India’s energy transition by being the most trusted, inclusive and integrated energy solutions provider
To provide reliable and affordable energy solutions to the nation with a focus on innovation and sustainability
Operational
Excellence
Respect for
All
Sustainability
through Responsibility
Result
Orientation
Aligned with the vision of the shareholders, Apraava Energy is currently on a growth journey and is strategically focused on building a low-carbon business that actively contributes to a better world. Over the last few years, we have diversified into businesses such as transmission and advanced metering, that will support the energy transition by supply of green and clean energy. Our ambition is to be a partner in India’s mission to become a net zero nation while contributing to conserving resources. It brings me great pride to share that Apraava Energy stands among the few pioneering firms in the energy sector in India to join the esteemed Science Based Targets initiative (SBTi), underscoring our unwavering dedication to emission reduction. Our verified targets include reducing our Scope 1 and Scope 2 GHG emissions intensity by almost 50% by 2027.
Director - Business Development and Commercial
Over the last two decades, while continuing to partner India in its energy transition journey, we have successfully forayed into different businesses in the energy value chain. While renewable energy remains a priority, we have focused on expanding into non-generation businesses such as transmission and advanced metering infrastructure. The acquisition of two greenfield transmission assets in FY 2022-23 has further strengthened Apraava’s transmission business by increasing its footprint across five states within the country.
Director - Finance and Chief Financial Officer
Our aspiration of becoming a clean energy player that is able to contribute significantly to India and the world’s green energy needs has accelerated over the past decade. This unwavering focus on building a conscious business has been possible by seamlessly integrating an Environmental, Social and Governance (ESG) rubric to map our progress. In an independent evaluation by S&P Global, Apraava Energy has received a 47 on 100 ESG rating. The ESG framework will continue to be our guiding light as we aggressively pursue healthy growth, through a cleaner and greener portfolio.
Chief Operating Officer
In FY 2022-23, we achieved a significant milestone by securing two Advanced Metering Infrastructure (AMI) projects, which involve the installation of over three million meters. This is a boost to our efforts to grow as a comprehensive clean energy player while contributing to India’s green energy mission and global sustainability goals. We are committed to operating at the highest standards of both operational excellence and employee safety at all times. Sustainability is at the centre of all the decisions we make about our future business growth. We aim for holistic and sustainable growth while contributing to conserving the planet’s biodiversity and resources.
Director - Human Resources
Our brand is a reflection of our people’s commitments and shared aspirations. They are the driving force behind our relentless pursuit of sustainable and responsible growth. Our focus has been on empowering our people to bring their best selves to work each day and encourage them to push boundaries to do bigger and better. Our proprietary framework, G•R•O•W• - Growth Mindset, Result Orientation, Openness to Change, and Working with Synergy, serves as a platform for our people to grow as individuals while enabling Apraava Energy to become a conscious and influential player in the energy sector
General Counsel
Social responsibility has been a critical cornerstone of Apraava Energy’s existence. With projects across health and nutrition, biodiversity conservation, women and youth empowerment, sustainable livelihoods and community infrastructure development, we focus on holistic development of the communities we work in. Our growth is closely intertwined with theirs.
*This map is only for illustration purpose.
Apraava Energy has several wind farms with a combined capacity of 924 MW capacity across six Indian states: Rajasthan, Gujarat, Maharashtra, Madhya Pradesh, Karnataka, and Tamil Nadu.
RAJASTHAN
RAJASTHAN
RAJASTHAN
GUJARAT
GUJARAT
MADHYA PRADESH
MAHARASHTRA
MAHARASHTRA
MAHARASHTRA
KARNATAKA
KARNATAKA
TAMIL NADU
GUJARAT
*107 MW commissioned out of 250 MW
Apraava Energy has solar projects with a combined capacity of 250 MW
across Telangana and Maharashtra.
TELANGANA
TELANGANA
TELANGANA
MAHARASHTRA
MAHARASHTRA
Apraava Energy has transmission line spanning 494 kilometers in
Madhya Pradesh and across Assam, Nagaland, and Manipur.
MADHYA PRADESH
ASSAM, NAGALAND, MANIPUR
Apraava Energy operates a 1,320 MW supercritical coal-fired power station
located in Haryana, India.
HARYANA
GUJARAT
*Paguthan Power Plant is dual fuel combined cycle plant is in operating condition but does not dispatch power.
Apraava Energy has won 2 contracts during FY 2022-23, for installation of smart meters at Assam & Gujarat.
ASSAM
GUJARAT
In FY 2022-23, we won bids for two greenfield transmission assets through Tariff Based Competitive Bidding (TBCB) project - a 224 km and a 21 km double circuit 400 kV transmission line and another 400/220 kV Air-Insulated Substation (AIS) in Fatehgarh, Rajasthan.
During the current reporting period, we studied and analysed the relevance of each identified material topic from the perspective of ‘Double Materiality’ which is the union of Impact Materiality and Financial Materiality.
We aim at creating continuous value for all our stakeholders which leads to holistic growth, balanced capital investment and business sustainability across all six capitals.
Read MoreOperational Capacity (MW)
Energy Sent out (GWh)
Capacity Utilisation Factor (%)
Investment in IT initiatives (INR million)
ERP
Implementation
SBTi Target
tCO2 e/MWh by 2027 from a 2022 base year
GHG Emission Intensity
(tCO2e/MWh)
Specific Water Consumption
(kl/MWh)
Waste Recycled
(Metric tonnes)
Total Employees
(numbers)
Fatality Rate
Investment in Training and Development (INR million)
Training coverage
(%)
Investment in RE
(INR million)
PAT
(INR million)
EBITDA
(INR million)
Return on Capital
(%)
Revenue
(INR million)
We have been able to conduct cybersecurity awareness initiatives across the Company with 100% employees having participated in some workshop or the other.
JPL initiated a drive to eliminate SUP from its premises for which it has received certification from the Confederation of Indian Industries (CII) in November 2022.
Apraava Energy has been taking conscientious steps to assess, identify and protect the biodiversity around its sites and build awareness on biodiversity conservation among employees.
Diversity, Equity & Inclusion (DE&I) is the guiding philosophy embedded in our core value of Respect for People and our Code of Conduct.
The Crop Residue Management Initiative, which was started in 2019, today brings multiple and long-term benefits to residents of 34 villages in four districts of Haryana.
Social and Relationship capital
CSR Expenditure
(INR million)
111.30
Lives Impacted
(Numbers)
227,001
Local Sourcing
(%)*
97.73
*only for non-fuel sourcing on purchase order cost basis