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Investor Presentaiton

III Financial Strength Consolidated Trade Receivables* (* Crore ) 20% YoY 1,693 1,769 1,356 Dec 31, 2020 Sep 30, 2021 Dec 31, 2021 Receivable Days 87 92 68 • • JSW Energy JSW Energy has sufficient balance sheet headroom & strong cashflow to pursue growth to 20 GW by FY30 Net Debt/EBITDA: 1.74x Net Debt/Equity: 0.37x Wt. Average Cost of Debt: 7.82% Effective management of Trade Receivables Receivables declined 20% YoY in Q3 FY22 This is in sharp contrast to the power sector scenario which has witnessed 2% increase** YoY QoQ values not strictly comparable due to seasonality in hydro. plant operations All plants placed favourably in States' Merit Order Dispatch Further, Hydro plants under 'Must-run status' with no scheduling risk о Payment security mechanism in force for power tied under long term PPA with discoms; Recovery of late payment surcharge in case of delayed payments from discoms Prudent approach to Balance Sheet and Receivable Management – a key financial strength - JSW Energy Investor Presentation Includes Unbilled Revenue **Source: Praapti 38
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