Recent 4 GW Project Win Is Value Accretive
FY'20 Key Performance Metrics
XX
XX
Azure Power
EA
P
•
1,808 MW Operating
25% increase (1)
367 MW (610MW DC) commissioned
since March 2019
7,115 MW(3) Operating
& Committed
112% increase
707 MWs are under construction
600 MWs under development
•
4 MW (11 MW DC) commissioned in Q4
FY20
•
2,000 MWs has LOA
LOA awaited for 2 GW(3)
US$ 0.43m Project
Cost/MW (DC)
27% reduction (2)
DC cost per MW US$ 0.59 mn for FY19
AC cost per MW US$ 0.58 mn for FY20
AC cost per MW US$ 0.73 mn for FY19
US$ 43.0 mn CFe for
Operating Assets
15% increase(1)
Increase primarily due to higher
revenues
1) % Increase/Reduction in INR over figure from March 2019. 2) Excludes the impact of Safe Guard Duties (SGD). Including the SGD impact, FY'20 AC cost would have been higher by US$ 0.07mn, and FY'20 DC cost would have been higher by $0.04mm. 3) 2,000
MWs of Committed Capacity is a greenshoe option that has been exercised by the company as part of an auction that was won but this capacity has yet to receive a Letter of Award
Note: Exchange rate INR 75.39 to US$1 (New York closing rate of March 31, 2020)
19View entire presentation