Equity Funding and Strategic Update
Reiterating FY'20 Guidance and Providing FY'21 Guidance
FY 2020
No Change to Guidance (1)
Expect to be at the lower end
of the range
FY 2021
INR 15,800 - 16,600 million (2)
of Revenue for FY'21
1Q FY'21 Revenue: INR 3,800 - 3,950 million
2,650 2,950 MWs (3)
-
Operating by March 31, 2021
Primary drivers to achieve high end of guidance:
Normal weather
A
No curtailment
On time commissioning of plants
(Exchange rate- INR71.45 to US$1) 1) The Company continues to expect to have between 1,800 - 1,825 MWs operational by March 31, 2020 and FY'20 revenue of between INR 12,770 - 13,350 million (or US$ 178–187
million), 2) US$ 221-232 Mn, includes assets that may be sold 3) Includes assets that may be sold
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