CERC draft regulations on O&M and ROE
Draft regulations propose changes to O&M norms and reduce ROE to 15% for new assets. Management expects minimal impact but discussions ongoing.
medium · analyst_question
Power Grid Corporation — Q3 FY24
PowerGrid reported consolidated Q3 FY24 revenue of INR 11,820 crore and PAT of INR 4,028 crore, with EBITDA margins maintained above 80%.
bullish
high
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Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Supply chain constraints for transformers and GIS
Management acknowledged potential challenges in transformer and GIS supply, but noted government actions to develop more vendors.
medium · management_commentaryAggressive ISTS CAPEX target may face execution delays
Analyst flagged that the INR 310,000 crore ISTS target over FY22-27 appears aggressive given the need for rapid awarding and execution.
medium · analyst_questionLeh-Ladakh HVDC project timeline risk
The project has a long gestation of ~5 years from order placement, with commissioning expected only by FY2030, posing execution risk.
low · management_commentary