Dilip Jha
CFO, Adani Power Limited
Notable Quotes
Our increasing share of contracted capacity provides stability to earnings as well as visibility to revenue and liquidity.
The new PPAs generate EBITDA from plant availability, while fuel charges are a pass-through. These new PPAs have much better higher capacity charges than our legacy PPAs.
We are very much mindful about the merchant tariffs and rates, and what we have strategized that we are minimizing our portfolio to open capacity.
Our internal accruals will be sufficient to meet our CAPEX requirement.
Our continuing EBITDA for the same period increased by 22% year-on-year basis to INR 16,478 crore. This robust growth was mainly due to higher recurring revenues and lower fuel prices.
Keeping our track record and DNA, I can assure you that this surplus cash flow will be utilized in a manner that it will give the best of the industry return across we can have in the future.
APL has now formally established its credentials as a dynamic and profitable leading power producer with high liquidity and excellent creditworthiness.