ALMM module supply constraints
ALMM regulations may restrict module imports, but management stated all FY25 requirements are fully locked in and de-risked.
Adani Green Energy · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
ALMM regulations may restrict module imports, but management stated all FY25 requirements are fully locked in and de-risked.
Pumped hydro is a complex infrastructure project with longer timelines (3-3.5 years) and higher capital costs (INR 4.5-5 crore/MW).
Increased merchant exposure to 10% exposes the portfolio to spot price fluctuations, though management sees strong demand tailwinds.
While management claims 100% transmission tie-ups for the pipeline, any delays in grid connectivity could impact project commissioning.