GUJARAT INDUSTRIES POWER COMPANY LIMITED
Climate Impact & Sustainability Data (2018-07 to 2018-12, 2022-2023, 2023-24)
Reporting Period: 2018-07 to 2018-12
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Greenbelt development on 123.4 hectares with 201100 trees planted.
- Construction of catch drains and siltation ponds to manage silt and sediment flows.
- Regular monitoring of groundwater levels and quality.
- Digital processing of the entire lease area using remote sensing techniques.
Social Achievements
- No cases of wells going dry in nearby villages due to mining activities.
- Occupational health surveillance program undertaken periodically.
- Adequate training and information on safety and health aspects provided to workers.
Governance Achievements
- Establishment of an Environmental Management Cell.
- Separate financial provisions for environmental protection allocated in the annual budget.
- Regular submission of environmental monitoring data to relevant authorities.
Climate Goals & Targets
Environmental Challenges
- Potential for groundwater depletion due to mining activities.
- Management of fugitive dust emissions.
- Maintaining compliance with environmental regulations.
Mitigation Strategies
- Groundwater level monitoring through piezometers.
- Dust suppression measures such as water spraying and road grading.
- Regular environmental monitoring and reporting to authorities.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2022-2023
Environmental Metrics
Scope 1 Emissions:10,423.91 Metric tonnes of CO2 equivalent (2022-23)
Scope 2 Emissions:2,949.22 Metric tonnes of CO2 equivalent (2022-23)
Water Consumption:60,40,300.00 kilolitres (2022-23)
Waste Generated:4,07,059.9 metric tonnes (2022-23)
Carbon Intensity:0.0953 (2022-23), 0.1071 (2021-22)
ESG Focus Areas
- Environmental Protection
- Safety
- Renewable Energy
- CSR
Environmental Achievements
- Achieved Zero Accident Level in FY 2022-23 in mining operations.
- Replaced internals of nine fields of Electrostatic Precipitator (ESP) at Surat Lignite Power Plant to reduce SPM emission.
- Created Limestone Storage Capacity of about 55,000 MT for better SO2 emission management.
- Planted 188 trees in Plant and Colony premises.
Social Achievements
- Undertook CSR projects in Health, Education, Livelihood, and Village Infrastructure Development.
- Maintained cordial industrial relations at Vadodara and SLPP Plants.
- Provided training to upgrade employee skills.
Governance Achievements
- Complied with the provisions of the Companies Act, 2013, Rules, Regulations, Guidelines, and Secretarial Standards.
- Successfully recertified for Integrated Management System (IMS) with ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 & ISO 50001:2018 certifications.
Climate Goals & Targets
Long-term Goals:
- Completion of 2375 MW Khavda Renewable Energy Park by December 2026.
Environmental Challenges
- Lower than budgeted Plant Load Factor (PLF) at Surat Lignite Power Plant (SLPP) Phase-I and Phase-II due to system partial loading, unit outages, and backing down by SLDC.
- Lower than budgeted generation at wind farms due to low wind velocity.
- Generation affected at solar power projects due to heavy rain/water logging and cable faults.
- Vadodara gas-based stations not in operation due to non-availability of cheap gas.
Mitigation Strategies
- Constant endeavors to improve overall performance of units, including technology improvement and modifications.
- Required maintenance program undertaken.
- Created lignite stock to meet demand during monsoon.
- Transitioning to more solar power generation assets to mitigate impact from abnormal wind speed.
- Developing systems to isolate power stations from grid disturbances.
Supply Chain Management
Responsible Procurement
- Preference given to suppliers in nearby locality and within Gujarat.
- Encouragement of supplier ISO accreditations and sustainability initiatives.
Climate-Related Risks & Opportunities
Physical Risks
- Increased temperature and heat waves
- Water scarcity
- Disruptive weather events
Opportunities
- Net-zero transition
Reporting Standards
Frameworks Used: Ind AS, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018
Third-party Assurance: CNK & Associates LLP
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
Production of electricity at lower costs, thereby helping address energy poverty.
Awards & Recognition
- Fly Ash Utilization Award-2023
- Best Performing Utility Scale Solar Project Year 2022-23 PSU Category
- Power Plant Performance Award-2023
- Best Performing Wind Power Project FY 2022-23 - Diamond Category
- Water Optimisation Award Winner - 2023
- Power Plant Performance Award-2022
- Environment Excellence Award-2022
- National Efficiency Award-2023
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:37,58,408.07 tCO2e/year (Scope 1 and 2)
Scope 1 Emissions:34,70,579.09 tCO2e/year
Scope 2 Emissions:2,87,829.98 tCO2e/year
Water Consumption:59,47,728 m3/year
Waste Generated:4,02,774.58 tons/year
Carbon Intensity:533.29 tCO2e/INR lakh (adjusted for PPP)
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Replaced sodium lamps with energy-efficient LED bulbs, contributing to reduced energy consumption and greenhouse gas emissions.
- Implemented process-related and technology-focused changes in power generation, reducing fuel usage and GHG emissions.
- Achieved 100% capture and sale of fly ash for use in green cement/concrete.
Social Achievements
- Maintained 'zero accidents' across operations.
- Provided various wellbeing measures for employees and workers, including health insurance, accident insurance, and recreational facilities.
- Implemented robust business practices to prevent corruption and bribery.
Governance Achievements
- Implemented robust business practices in relation to corruption and bribery, including a Vigil Mechanism and Whistleblower policy.
- Established a Grievance Redressal mechanism for all business stakeholders.
Climate Goals & Targets
Environmental Challenges
- Increased temperature and heat waves impacting workforce health and safety.
- Water scarcity potentially impacting production processes.
- Disruptive weather events potentially impacting operations.
- Emissions management to comply with emission norms.
Mitigation Strategies
- Mechanized mining operations with air-conditioned cabins.
- Infrastructure to reduce impact of extreme heat and adequate worker rest areas.
- Access to various water sources and a reservoir for emergency water requirements.
- Transitioning to more solar power generation assets.
- Implementing latest technology and industry-leading practices to reduce air and greenhouse gas emissions.
- Engaging external government-accredited third parties for audits and checks.
Supply Chain Management
Responsible Procurement
- Regular evaluation of key CAPEX suppliers on environmental and social parameters.
- Preference given to local suppliers within Gujarat.
- Encouragement of supplier international or domestic accreditations/certifications.
Climate-Related Risks & Opportunities
Physical Risks
- Increased temperature and heat waves
- Water scarcity
- Disruptive weather events
Opportunities
- Net-zero transition
Reporting Standards
Frameworks Used: NGRBC
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, ISO 50001:2018
Third-party Assurance: Not Applicable
UN Sustainable Development Goals
- SDG 7 - Affordable and Clean Energy