November 28, 2022

Adani Inexperienced Power (AGEL) on Wednesday reported 13.9 per cent rise in consolidated internet revenue at Rs 49 crore within the quarter ending 31 December, 2021. The corporate had posted a internet revenue of Rs 43 crore within the year-ago interval. 

The Adani Group firm’s consolidated whole revenue jumped 74 per cent to Rs 1,471 crore versus Rs 843 crore a yr in the past.

The renewable power firm of the Gautam Adani-led conglomerate said that its sale of power elevated by 67 per cent -on yr to six,456 mn models in 9M FY22. 

Additional, money revenue rose by 47 per cent to Rs 1,292 crore, whereas income from energy provide elevated by 54 per cent YoY to Rs 2,655 crore. 

The corporate’s operational capability elevated by 83 per cent YoY to five,410 MW. 

Adani Inexperienced additionally said that 65 per cent of its whole working capability is now single-use plastic (SUP) free with SUP free certification obtained for added 37 operational crops through the quarter underneath preview.

Commenting on the quarterly outcomes Vneet S. Jaain, MD & CEO, Adani Inexperienced Power Ltd, stated, “The continued strong operational efficiency and bettering visibility of progress with agency PPAs show that we’re effectively on observe to change into the most important renewable participant by 2030.” 

He additional stated, “Our dedication in the direction of ESG is just getting stronger with the worldwide recognition of our efforts to gentle up the world with inexperienced power and to additional incorporate one of the best ESG practices on all fronts.”

Shares of Adani Inexperienced closed at Rs 1,912.65 apiece on BSE in the present day.

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