Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Replaced conventional lights with LED lights, saving 79278 kWh (Units) annually at Vishnuprayag Hydro Electric Power Plant.
• Achieved 5% improvement in pump efficiency and saving in specific energy consumption at Jaypee Bina Thermal Power Plant.
• Achieved a PLF of 72.49% at Jaypee Nigrie Supercritical Thermal Power Plant, compared to 70.11% in the previous year.
• Coal production from Amelia (North) Coal Mine reached peak rated capacity of 2.8 Million Tonne.

Social Achievements

• Maintained cordial industrial relations throughout the year.
• No complaint received regarding sexual harassment.
• Implemented various initiatives for developing employees at all levels.

Governance Achievements

• Constituted a Risk Management Committee.
• Reviewed and updated the Nomination and Remuneration Policy.
• Conducted performance evaluations of the Board, its Committees, and individual Directors.

Climate Goals & Targets

Environmental Challenges

• Covid-related issues impacting energy demand and coal procurement.
• Unremunerative coal prices and restricted dispatch schedules at Bina TPP.
• Non-availability of long-term PPAs and coal for part capacity of Nigrie STPP.
• Clinker supply constraints affecting cement production.
• Financial health of DISCOMs and delayed payments.
• Hydrological risks in hydropower projects.
• Low power demand and low PLF of thermal power plants.
• Revised emission norms requiring additional capital expenditures.

Mitigation Strategies

• Implemented operational optimizations to reduce auxiliary power consumption.
• Sold balance power on power exchanges and through bilateral sales.
• Filed petitions with MPERC for recovery of capacity charges.
• Debt Resolution Plan executed with lenders.
• Strengthened internal financial controls through process automation.
• Implemented a robust policy on Code of Conduct.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Excellence in Energy Efficiency (JNSTPP, Unit #1)

Environmental Metrics

ESG Focus Areas

• Energy Efficiency
• Environmental Protection
• Waste Management
• Community Engagement
• Renewable Energy

Environmental Achievements

• 100% fly ash utilization in FY 2022-23
• JNSTPP, Nigrie is a ZLD (Zero Liquid Discharge) plant
• Specific water consumption reduced to 2.05 CuM/MWh
• 55000 trees planted in FY 2022-23

Social Achievements

• Extending various educational and medical facilities in the neighbourhood of plants through CSR activities
• Cordial industrial relations throughout the year

Governance Achievements

• Compliance with applicable Secretarial Standards issued by the Institute of Company Secretaries of India
• Constitution of Risk Management Committee
• Constitution of CSR Committee

Climate Goals & Targets

Environmental Challenges

• Erratic scheduling and major maintenance impacting the demand of energy
• Constraint in coal procurement and unremunerated coal prices
• Non-availability of long term PPA(s) and non-availability of coal for the part capacity of the plant
• Accumulated losses and eroded net worth in subsidiary companies
• Pending legal disputes and claims

Mitigation Strategies

• Ensuring smooth operations of plants despite challenges
• Obtaining Environmental Clearance for coal mine expansion
• Executing agreement with Dalmia Cement for Tolling / Leasing of CGU
• Strengthening internal control through process automation
• Contesting disputes with MPPMCL and UPPCL

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Ind AS

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 27001

Third-party Assurance: Lodha & Co., Chartered Accountants

Awards & Recognition

• Best Energy Efficiency Plant Coal Private
• Best Energy Efficient Unit
• Best Water Efficiency Plant

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced water consumption at JNSTPP to 2.05 m3/MWH (below normative value of 3.50 m3/mWh)
• Achieved Zero Liquid Discharge (ZLD) at JNSTPP
• Reduced coal consumption at JNSTPP through improved efficiency
• Significant energy savings through LED lighting at JNSTPP and VPHEP
• Contract signed for FGD installation at Bina and Nigrie TPPs to reduce SOx emissions

Social Achievements

• Various clean technologies and sound engineering practices incorporated in JBTPP design
• Various clean technologies and sound engineering practices incorporated in JNSTPP design
• Various clean technologies and sound engineering practices incorporated in VPHEP design
• Various clean technologies and sound engineering practices incorporated in Amelia Coal Mine design
• CSR spending of Rs. 864.42 Lakhs

Governance Achievements

• Improved corporate performance and transparency
• Diverse Board of Directors with 6 independent directors, including 2 women
• Robust internal control systems
• Regular reviews of policies and procedures

Climate Goals & Targets

Environmental Challenges

• Hydrology impacting Vishnuprayag HEP energy generation
• Restricted scheduling by MPPMCL impacting Bina TPP performance
• Clinker supply constraints impacting Jaypee Nigrie Cement Grinding Unit production
• SEBI show cause notice related to accounting standards and related party transactions
• Entry tax demand for Nigrie STPP and Cement Grinding Unit

Mitigation Strategies

• Contesting with MPPMCL for capacity charge recovery
• Initiating agreement with Dalmia Cement for tolling/leasing of CGU
• Consulting experts for SEBI response
• Making representations to concerned authority for exemption from entry tax
• Strengthening internal controls through process automation

Supply Chain Management

Climate-Related Risks & Opportunities

Opportunities

• Renewable energy investments

Awards & Recognition

• 24th National Awards for Excellence in Energy management
• Best National Zero Liquid Discharge Plant of the Year
• Best National Ash Handling Plant of the Year