Investor Presentaiton
Q1 FY24 Highlights
Portfolio Update
Completed 6 years of value accretive growth, sustainable distributions and best in class governance
practices since listing
Virescent Renewable Energy Trust (VRET)
Transaction closure process underway; received SEBI approval;
Targeting closure in last week of August
Received SEBI approval for de-classification of Sterlite Power Transmission Limited (SPTL) as a Sponsor
Augmentation works across Kallam, Patran, Prithla and Amargargh substation started on regulated tariff
mechanism
IndiGrid
Superior
Total Returns
Financial Performance
Q1 FY24 Revenue & EBITDA witnessed 12% and 11% YoY growth respectively
Q1 FY24 collections at 86% - in line with usual quarterly trends
FY24 DPU guidance at 13.80 for the year
AUM at 229 billion; Net Debt/AUM at ~60.1% - well below the 70% cap as per SEBI regulations
Operational Performance
ā Average availability >99.50%
Solar CUF at 28.05%
Temporary impact on availability in NER-II due to insulator flashovers
Sustainable
Increase in DPU
Stable
Operations
CO
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