Extended monsoon causing construction delays
Monsoon extended by about a month, causing some delay in capacity addition, though within the 10% variation built into the construction S-curve.
Adani Green Energy · Material risks, their source context, and severity in the latest available quarter.
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Monsoon extended by about a month, causing some delay in capacity addition, though within the 10% variation built into the construction S-curve.
While management claims de-risking for 50 GW, analysts questioned evacuation readiness for 7-8 GW; management acknowledged reliance on sister company and Power Grid projects.
Minority interest increased sequentially from INR 182 crore to INR 239 crore, impacting PAT attributable to shareholders, which fell from INR 372 crore to INR 276 crore YoY.
Merchant realizations for solar were subdued in Q2 (INR 2.59/kWh) due to high hydropower availability; recovery expected but not guaranteed.