AHMEDABAD: Adani Energy’s consolidated web revenue jumped nine-folds to settle at Rs 6,594 crore throughout the second quarter of FY 2024, resulting from a better one-time revenue and deferred tax property. That is towards Rs 696 crore throughout the corresponding quarter of FY 2023. In accordance with the corporate’s inventory change submitting on Thursday, Adani Energy’s consolidated whole income for Q2 FY24 is larger by 61% at Rs 12,155 crore, versus Rs 7,534 crore in the identical interval a yr in the past, pushed by larger gross sales volumes.
“This improve in income was a results of better gross sales volumes together with the contribution of the Godda energy plant and better service provider gross sales.Decrease import coal costs helped in larger offtake of energy underneath import coal-based Energy Buy Agreements (PPAs) of Mundra and Udupi crops,” the corporate said
Adani Energy reported a consolidated energy sale quantity at 18.1 Billion Models (BU) in Q2 FY24, up by 65% from 11 BU a yr in the past, resulting from improved energy demand and better working capability.
SB Khyalia, CEO, Adani Energy, stated, “As alternatives within the Indian energy market develop, we stand geared to boost our contribution because the main personal energy producer and to fulfill the nation’s rising vitality wants.”
The corporate has an put in thermal energy capability of 15,210 MW unfold throughout eight energy crops in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand, aside from a 40 MW solar energy plant in Gujarat.
“This improve in income was a results of better gross sales volumes together with the contribution of the Godda energy plant and better service provider gross sales.Decrease import coal costs helped in larger offtake of energy underneath import coal-based Energy Buy Agreements (PPAs) of Mundra and Udupi crops,” the corporate said
Adani Energy reported a consolidated energy sale quantity at 18.1 Billion Models (BU) in Q2 FY24, up by 65% from 11 BU a yr in the past, resulting from improved energy demand and better working capability.
SB Khyalia, CEO, Adani Energy, stated, “As alternatives within the Indian energy market develop, we stand geared to boost our contribution because the main personal energy producer and to fulfill the nation’s rising vitality wants.”
The corporate has an put in thermal energy capability of 15,210 MW unfold throughout eight energy crops in Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Madhya Pradesh, and Jharkhand, aside from a 40 MW solar energy plant in Gujarat.
