Ayana Renewable Wins Mahatma Award for Leading in ESG Excellence

This prestigious recognition was presented on the eve of Gandhi Jayanti at the India International Centre
in New Delhi.

October 10, 2023. By News Bureau

Ayana Renewable Power, a leading Independent Power Producer (IPP) in India announced its recent achievement of the Mahatma Award for Excellence in ESG (Environment, Social, and Governance). This prestigious recognition was presented on the eve of Gandhi Jayanti at the India International Centre in New Delhi.

The Mahatma Awards, supported by the Aditya Birla Group and UNDP, commend outstanding contributions in the fields of environment, social welfare, and governance.

Ayana Renewable Power, backed by National Investment and Infrastructure Fund (NIIF), British International Investment (BII), and Eversource Capital, received this accolade for its unwavering commitment to sustainability and community development.

Speaking about this honour, Shivanand Nimbargi, MD & CEO of Ayana Renewable Power, remarked, “Receiving the Mahatma Award for Excellence in ESG stands as a testament to Ayana's enduring commitment to ingraining ESG principles within our core identity. From our inception in 2017, these values have charted our course towards empowering communities, preserving the environment, and propelling a sustainable and inclusive energy revolution. As we celebrate this recognition, it’s an acknowledgement of our journey of progression and the significant mark we leave in the power sector creating lasting impact."

Vinod Giri, Managing Partner – Direct Investments, NIIF, said “At NIIF, we are proud to witness Ayana’s outstanding achievements in driving India’s green transition. Being honored with the Mahatma Award is a true reflection of their dedication to embedding best-in-class ESG practices and empowering grassroots communities in India. As we strive to collaboratively work with platform companies like Ayana to further develop and refine ESG practices, it is heartening to see the tangible impact of our shared vision. We are delighted to be part of this transformative journey and committed to nurturing a sustainable future together.”

Ayana Renewable Power has been at the forefront of skill development initiatives at its project sites, engaging with local communities and empowering youth in the region. To date, the company has successfully trained over 500 young individuals, providing them with meaningful employment opportunities.

These efforts align with Ayana's broader ESG commitments, which also focus on water conservation and reducing CO2 emissions in all its business operations.

Tags:

Standards & Certifications

Ayana Renewable Power

ESG Excellence

Mahatma Award

India International Centre

Aditya Birla Group

NIIF

National Investment and Infrastructure Fund

Power sector