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Apraava Sustainability Report 2020-2021 11
Our Performance
& Priorities
Apraava Energy has, over
the years, worked to deeply
integrate sustainability into
its business strategies.
Our long-standing commitment to reduce the carbon
intensity of our portfolio, in line with the vision of both
our shareholders—CLP Group and CDPQ—is being
realised by paving the way for more renewable energy
and other low-carbon business opportunities.
Our ambition to turn greener is powered by:
The aspiration to be one of India’s leading
renewable energy players
Disciplined investment decision-making framework
to increase shareholder value
Utilisation of internal accruals to drive Return on
Equity (RoE) through accretive growth
Established track record of outperforming the
Weighted Average Cost of Capital (WACC), as well as
a commitment to maintaining a strong credit profile
This will aid in the integration of the large number of
variables in renewable energy, as well as improving
operational efficiency and portfolio governance.