Revenue from operations declined 19.8% to Rs 11,005.54 crore in Q1 FY24 as compared with Rs 13,723.06 crore in Q1 FY23.
Consolidated EBITDA for Q1 FY 2023-24 stood 41.5% higher at Rs 10,618 crore, as compared to Rs 7,506 crore in Q1 FY 2022-23. EBITDA growth was supported mainly by prior period income recognition and incremental contribution of Godda power plant.
During the quarter ended 30 June 2023, the company has achieved an average consolidated Plant Load Factor (PLF) of 60.1% and sales of 17.5 Billion Units (BU) on an installed capacity of 15,250 MW, as compared to consolidated PLF of 58.6% and sales volume of 16.3 BU on an installed capacity of 13,650 MW in the quarter ended 30th June 2022.
Installed capacity increased from 13,650 MW as of 30 June 2022 to 15,250 MW as of 30 June 2023 after commissioning of the 1,600 MW Godda Ultra-supercritical Power Plant, which supplies cross-border power to Bangladesh.
S B Khyalia, CEO, Adani Power, said, “Adani Power has increased its lead among IPPs with commissioning of the 1,600 MW Godda USCTPP and entered a new era of transnational power sales. We are proud to support Bangladesh in enhancing the means available to its high-potential economy for fulfilling aspirations of its hard-working and enterprising population.”
Adani Power, a part of the diversified Adani Group, is the largest private thermal power producer in India.
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