Adani Green Energy announced Q2FY23 results: H1FY23: Operational capacity increases by 24% YoY to 6,724 MW Commissioned 990 MW solar-wind hybrid power plants in Rajasthan, India’s first and world’s largest The commissioned wind power plant of 325 MW, the largest in Madhya Pradesh Cash profit increases by 49% YoY to Rs 1,281 crore Sale of Energy increases by 67% YoY to 6,618 Mn units Revenue from power supply increases by 45% YoY to Rs 2,435 crore Realized 3.7 mn carbon credits generating revenue of Rs 149 crore in H1 FY23 EBITDA from power supply increases by 52% YoY to Rs 2,396 crore with a high EBITDA margin of 91.6% Received a favourable order from APTEL for 288 MW solar plants at Kamuthi, Tamil Nadu that would result in one-time revenue upside of Rs 568 crore and recurring positive annual impact of ~ Rs 90 crore (not considered in current financial results) “We are extremely proud of our teams for enabling the rapid development of India’s first and the world’s largest solar-wind hybrid cluster of 990 MW as well as Madhya Pradesh’s largest wind plant of 325 MW while ensuring cost effectiveness and the highest quality standards. With our focus on delivering the cheapest green electron, we have continued to deploy the latest and most innovative technologies to maximize electricity generation at a lower cost” said Mr. Vneet S. Jaain, MD & CEO, Adani Green Energy Ltd. He further said, “The globally well-recognized ESG ratings, that rank us ahead of some of the largest global utilities and RE players, are yet another proof of our commitment to a sustainable future and the highest governance standards at AGEL.” Result PDF