Q3 FY24 Distribution Update
IndiGrid
Business Outlook
Portfolio Strategy
☐ Focus on maintaining stable operations for predictable and sustainable distribution while looking for value accretive acquisitions
Consummation of pipeline deals - Renew solar asset
☐ Greenfield Development - Commissioning of Kallam Project by Q4 FY24
✓ Execution of augmentation work in existing transmission projects as well as the 2 new transmission projects won
✓ Execution of BESS project in Delhi
☐ Proactively participate in synergistic greenfield bidding opportunities across power transmission and BESS1
☐ Deliver on increased DPU guidance of 14.10 for FY24
Improving Balance Sheet Strength
☐ Focus on optimizing interest cost and elongate tenures for upcoming acquisitions over next few quarters
Maintain adequate liquidity to mitigate any uncertainties or unpredictable scenario
Resilient Asset Management
☐ Focus on maintaining 99.5% availability across portfolio and maximizing incentives
Improve self-reliant O&M practices across the portfolio
Utilize digital tools to assist analytics and proactive decision making
☐ Ensure world class EHS and ESG practices across the portfolio
Industry Stewardship
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Maximize private sector participation in electricity sector for both green field and national monetization pipeline
Focus on increasing awareness about IndiGrid and InvITs
BESS Battery Energy Storage Systems
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