Utilities company Adani Green Energy announced Q3FY22 results: Cash Profit increases by 47% to Rs. 1,292 crore Revenue from Power Supply increases by 54% YoY to Rs.2,655 crore Operational Capacity increases by 83% YoY to 5,410 MW 65% of AGEL’s total operating capacity is now single-use plastic (SUP) free with SUP free certification received for additional 37 operational plants in Q3 FY22 AGEL signs green PPA with SECI to supply 4,667 MW. With this, AGEL has signed PPAs for close to 6,000 MW out of 8,000 MW awarded to it under SECI’s manufacturing linked solar tender Sale of energy increases by 67% YoY to 6,456 mn units in 9M FY22 Solar CUF improves by 50 bps YoY to 22.6% and wind CUF improves by 470 bps YoY to 33.2% in 9M FY22 EBITDA from power supply up by 56% YoY to Rs. 2,474 crore with 160 bps improvement in EBITDA margin to 92.4% in 9M FY22 “The continued robust operational performance and improving visibility of growth with firm PPAs demonstrate that we are well on track to become the largest renewable player by 2030” said Mr. Vneet S. Jaain, MD & CEO, Adani Green Energy Ltd. He further said, “Our commitment towards ESG is only getting stronger with the global recognition of our efforts to light up the world with green energy and to further incorporate the best ESG practices on all fronts.” Result PDF