Jsw Energy Limited · NSE:JSWENERGY
Jsw Energy — Q2 FY23 Earnings Presentation
68 slides from Jsw Energy's earnings presentation, Oct 28, 2022
Slide 1: Results presentation filing letter to stock exchanges
Energy Limited Regd. Office : JSW Centre Bandra Kurla Complex Bandra (East), Mumbai - 400 051 CIN: L74999MH1994PLC077041 Phone: 022 – 4286 1000 Fax: 022 – 4286 3000 Website: www.jsw.in SEC / JSWEL 28th October, 2022 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exch
Slide 2: Q2 FY23 Results Presentation
~ E n e rg y Q2 FY23 Results Presentation October 28, 2022
Slide 3: Forward Looking and Cautionary Statement
Forward Looking and Cautionary Statement ~ _..IS'WEnergy This presentation has been prepared by JSW Energy Limited (the “Company”) based upon information available in the public domain solely for information purposes without regard to any specific objectives, financial situations or informational ne
Slide 4: Agenda
Agenda ~ .JSWEnergy Strategic Highlights Q2 FY23 Highlights Sustainability Update on Growth Projects Operational & Financial Performance Business Environment Appendix JSW Energy Q2 FY23 Results Presentation 3
Slide 5: Strategic Highlights
Strategic Highlights ~ .JSWEnergy Scaling towards 20 GW installed capacity by 2030 Transitioning towards Energy Products and Services ■ Operational ■ Under-Construction ■ Pipeline * ■ Acquisition** Energy Storage Hydro Pumped Storage (PSP) - Targeting 10 GW Resources tied-up for ~6 GW PSP with var
Slide 6: Q2 FY23 Highlights (1/2)
Q2 FY23 Highlights (1/2) ~ .-,SWEnergy • Net Renewable Generation: up 3% YoY driven by contribution from solar power plant at Vijayanagar Operational • Net Long Term Generation: 6.5 billion units (BUs) lower by 1% YoY – maintenance shutdown at Ratnagiri Performance partly offset by higher offtake fr
Slide 7: Q2 FY23 Highlights (2/2)
Q2 FY23 Highlights (2/2) ~ .JSWEnergy Under • 1.26 GW SECI IX & X Wind projects: Phase-wise commissioning from Q3 FY23 Construction • 240 MW Kutehr HEP: Project well ahead of timelines with ~84% tunneling completed (up from 75% in Q1 Projects FY23) • Battery Energy Storage Solutions: Participated in
Slide 8: Sustainability
Sustainability
Slide 9: Continuing our Health & Safety Excellence Journey
Continuing our Health & Safety Excellence Journey ~ Energy Awards & Zero severe injuries/fatalities (Q2 FY23 & YTD) Recognitions 89% of contractors covered by JSW CARES audit CD 9 Contractors achieve 5 Star rating & 3 contractors achieve 4 Star in a stringent Internal Safety Assessment 43,000+ Cumul
Slide 10: Sustainability: Framework and Policies
Sustainability: Framework and Policies ~ .JSWEnergy 17 Focus Areas with 2030 Targets from 2020 as Base Year Governance & Oversight by Sustainability Committee Climate Change: (t);_ Renewable Power: Biodiversity: Committed to being carbon -~~ Enhance the renewable power to No Net Loss for Biodiversit
Slide 11: Sustainability: Targets and Strategy
Sustainability: Targets and Strategy ~ .JSWEnergy FY20 FY30 SD Targets Actuals Targets Improvement Strategic Initiatives and Approach - Increased share of renewable energy for deep decarbonization ► GHG Emissions Process efficiency improvements Climate Change 0.76 0.304 60% tCO2e/ MWh Replac
Slide 12: Sustainability: Q2 FY23 Performance
Sustainability: Q2 FY23 Performance ~ .JSWEnergy Key Highlights Performance • Increased share of renewable energy for deep decarbonization Ash Utilisation (%) Climate • Solar 225 MW project at Vijayanagar: Generation started resulting in low GHG, Change CO2, SOx and NOx emissions 100% 100% 100% 100%
Slide 13: Sustainability: Initiatives and Disclosures
Sustainability: Initiatives and Disclosures ~ .JSWEnergy Plantation drives spanning across Ratnagiri, Green Belt & Plantation near Watershed Development at Barmer Vijayanagar & Hydro Power Plants Barmer Power Plant [!l --· r -r ■-- Comprehensive ESG Data profile with ~300 factors across 15 sustainab
Slide 14: Sustainability: Empowering Our Communities
Sustainability: Empowering Our Communities ~ .JSWEnergy Sports Promotion & Development Health & Nutrition Project Shikhar: Organised inter– Strengthening public health Shikhar boxing championship with a infrastructure by supporting a participation of 60 boxers. Government hospital in Barmer. P
Slide 15: Update on Growth Projects
( ' I ' ' ~ ' ◄I Update on Growth Projects I , i I I ~ I I l I I I I\ ' f r J I ,I '
Slide 16: Update on Growth Projects
Update on Growth Projects ~ .JSWEnergy Green portfolio driving capacity growth Division of locked-in capacity (9,896) MW 39.0% 48.3% Installed (MW) Locked In Growth (MW) Installed Thermal 2,293 235 1,331 36.6% 1,391 4,784 ~~ 9,896 3,158 MYTRAH 422 Wind Under- 22.6% 3,158 construction 1,757 700 17.8%
Slide 17: Update on Under Construction Projects (1/3)
Update on Under Construction Projects (1/3) ~Energy 2.2 GW Renewable Projects Under Construction Portfolio Capacity Scheduled Target Plant Segment Location PPA/Offtaker (MW) Commissioning Commissioning SECI - IX 810 Wind Tamil Nadu 25-Year; SECI Dec-23 progressively from SECI - X 450 Wind Tamil Nadu
Slide 18: Update on Under Construction Projects (2/3)
Update on Under Construction Projects (2/3) .JSWEnergy SECI-IX & X Wind, Tamil Nadu (1,260 MW) ------------ Nacelle and WTG erection JSW Energy Q2 FY23 Results Presentation 17
Slide 19: Update on Under Construction Projects (3/3)
Update on Under Construction Projects (3/3) ~ .JSWEnergy Kutehr HEP, Himachal Pradesh (240MW) Steel Cantilever Bridge HRT Gantry Concrete Lining Kutehr HEP Completed ~84% (17.7 km) tunneling work (up from ~75% in Q1) well ahead of timelines JSW Energy Q2 FY23 Results Presentation 18
Slide 20: Operational & Financial Performance
Operational & Financial Performance
Slide 21: Consolidated Performance
Consolidated Performance ~ .JSWEnergy Net Generation (MUs) Total Revenue* (₹ Crore) I +39% Operational Highlights Q2 FY23 I I I 11,927 12,525 5,712 6,786 6,675 I I I • Renewable net generation up 3% YoY. I I +16% 4,097 ■ Short Incremental contribution from solar plant at I I I o Term ■ FY22 I I I (9
Slide 22: Thermal Assets | Q2 FY23 highlights (1/2)
Thermal Assets| Q2 FY23 highlights (1/2) ~ .JSWEnergy Ratnagiri Barmer Vijayanagar 1,200 1,080 860 Installed Capacity MW MW MW Net Generation (Mus) .. .. LT 100% 1,147 Mus (+9% YoY*) 1,311 MUs (-13% YoY) 1,651 MUs (-3% YoY) 1,651 MUs (-3% YoY) 620 MUs (+21% YoY) 736 MUs (+13% YoY) PLF/(Deemed PLF) .
Slide 23: Thermal Assets | Q2 FY23 highlights (2/2)
Thermal Assets| Q2 FY23 highlights (2/2) ~ .JSWEnergy Net Generation (MUs) Thermal : PLF – long term • Net LT Generation in Q2 FY23 lower by 3% - 86% 83% 85% 3,888 7,632 7,879 74% 79% YoY. 3,698 73% 72% 70% o Lower LT generation at Ratnagiri ■ Short Term and Nandyal, partly offset by (95%) (97%) (96
Slide 24: Strategic Shift Towards Green Portfolio
Strategic Shift Towards Green Portfolio ~ .JSWEnergy Operational Assets Under Construction/Acquisition & Pipeline MYTRAH Hydro ---- (6 ) ---- Solar -•- •'• 'm-m Hydro Wind Mytrah RE ~+:fiilll-·'l' - - - Capacity 1,391 MW 235 MW 366 MW 2,293 MW 1,753 MW % of total locked- • in capacity 14% 2% 4% 23%
Slide 25: Green Assets | Hydro: Q2 FY23 highlights
Green Assets| Hydro: Q2 FY23 highlights ~ .JSWEnergy Net Generation (MUs) Hydro : PAF and PLF 4,289 4,472 2,895 2,900 110% 107% 110% 108% 99% 98% 75% 76% ■ Short (99%) (98%) Term (98%), (98%), 4,241 4,396 2,848 2,832 ■ Long Term • Hydro PLF at 98% in Q2 FY23; Net Generation stable YoY. Q2 FY22 Q2 FY
Slide 26: Consolidated Financial Results
Consolidated Financial Results ~ .JSWEnergy H1 FY23 H1 FY22 Particulars in ₹ Crore Q2 FY23 Q2 FY22 5,712 4,097 Total Revenue 2,596 2,237 2,209 1910 EBITDA 1,098 1080 39% 47% EBITDA Margin(%) 42% 48% 398 481 Finance Cost 204 191 583 573 Depreciation 294 284 1,349 856 Profit Before Tax 600 604 1,026 5
Slide 27: EBITDA Bridge
EBITDA Bridge ~ .-,SWEnergy Particulars in ₹ Crore 59 1,098 19 1,080 25 (30) (55) EBITDA Q2 FY22 Lower Short Solar 45MW Uprating Operational Impact Higher EBITDA Q2 FY23 Term Sales Vijayanagar * Karcham Wangtoo Other Income Long Term PPAs and superior O&M ensuring steady EBITDA JSW Energy Q2 FY23 Re
Slide 28: Net Debt Movement
Net Debt Movement ~ .-,SWEnergy Particulars in ₹ Crore 1,671 188 (203) 7,720 7,874 (1,502) Net Debt as on New Debt Taken Forex restatement Repayment Change in Cash Net Debt as on Jun 30,2022 & Cash Equivalents* Sep 30,2022 Increase in Net Debt led by Ongoing Growth Capex JSW Energy Q2 FY23 Results P
Slide 29: Robust Balance Sheet & Cashflows to aid growth
Robust Balance Sheet & Cashflows to aid growth ~ .JSWEnergy Large balance sheet headroom to pursue growth Healthy internal accruals & financial flexibility to opportunities support long term growth Operational Portfolio (4.8 GW): • Strong credit metrics : • Generating healthy CF & mid-teen equity re
Slide 30: Superior Financial Risk Profile
Superior Financial Risk Profile ~ .JSWEnergy Net Debt (₹ Crore) Net Worth (₹ Crore)* and Cash Returns (%) 7,720 7,874 6,963 15,939 15,789 16,082 17,415 16,638 21% 17,593 21% 6,565 D 6,509 6,021 18% 19% 17% 17% 11,529 11,475 11,830 12,688 12,952 13,491 - - Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Ju
Slide 31: Healthy Trade Receivables
Healthy Trade Receivables ~ .JSWEnergy Consolidated Trade Receivables* (₹ Crore ) • Receivables days decline to 66 days at Sep’22 from 81 days at Sep’21. o Receivables (in ₹ Crore) increase QoQ due to seasonality in 1,769 1,769 hydro business. 1,648 • All plants placed favourably in States’ Merit Or
Slide 32: Investor Relations Contact
JSWE nergy Investor Relations Contact: ir.jswenergy@jsw.in ESG Data Profile: Link 31
Slide 33: Business Environment
Business Environment
Slide 34: Indian Economy
Indian Economy ~ .JSWEnergy Real GDP Growth (%) • High-frequency economic data indicates India’s resilient economic 20.1 activity in midst of slowing global economic activity. 13.5 8.4 As per the International Monetary Fund projections, 4.2 3.2 2.8 2.5 5.4 4.1 0.7 India has become world’s fifth la
Slide 35: Power Demand grew 12% YoY in H1 FY23
Power Demand grew 12% YoY in H1 FY23 ~ .JSWEnergy Power Demand in BUs Power Demand Growth YoY • The total demand recorded in H1 FY23 was 791 140 40% BUs up 12% YoY. 30% 120 • On a quarterly basis India witnessed a demand 20% of 386 BUs in Q2 FY23 vs 366 BUs in Q2 FY22 100 10% up 6% YoY. 80 0% • Tota
Slide 36: Renewables share in overall generation increased to 13% in H1 FY23
Renewables share in overall generation increased to 13% in H1 FY23 ~ .JSWEnergy Power Generation growth (%YoY) Thermal PLFs 85 40% • In H1 FY23 the overall generation 30% 75 increased 11% YoY led by growth in 20% 65 60.5 renewable generation (excluding hydro) 10% +11.0% 55 which grew by 17% YoY. 0%
Slide 37: India's installed capacity stands at 408 GW as on Sep'22
India’s installed capacity stands at 408 GW as on Sep’22 ~ .JSWEnergy Sector-wise Installed Capacity Segment-wise Installed Capacity Renewable Capacity Breakdown 2% 118.1 11% ■ Solar 24% 26% 15.6 ■ Thermal ■ State ■ Nuclear 41.7 ■ Wind 408 GW ■ Hydro 29% ■ Private 408 GW ■ Other ■ Renewable 58% 60.8
Slide 38: Merchant Power – Day Ahead Market
~ Merchant Power – Day Ahead Market .JSWEnergy YoY Trend: Monthly Average DAM Tariff Linear Trend - Monthly Avg Price (Rs/kwh) (Rs/unit) 11.00 12 Q2 FY23 9.00 10 • Day Ahead Market (DAM) prices 7.00 8 were up 31% YoY as the average 5.63 5.00 tariff recorded for the period was ₹ 6 3.00 5.40/KWh vs ₹4
Slide 39: Appendix
Appendix sass a
Slide 40: Entity-wise Financial Results
Entity-wise Financial Results ~ .JSWEnergy Entity-wise Revenue from Operations Particulars in ₹ Crore Q2 FY23 Q2 FY22 H1 FY23 H1 FY22 Standalone 1,141 802 3,138 1,560 JSW Energy (Barmer) 665 665 1,283 1,302 JSW Hydro Energy 539 514 896 805 JPTL 17 18 34 36 Consolidated* 2,387 2,087 5,414 3,815 Entit
Slide 41: Operational Performance – Net Generation
Operational Performance – Net Generation ~ .JSWEnergy Net Generation Capacity Q2 FY23 Q2 FY22 Change YoY H1 FY23 H1 FY22 Change YoY Location % % % LT 89% 1,302 1,465 -11% 2,507 2,847 -12% Ratnagiri (1,200 MW) Total 100% 1,311 1,514 -13% 2,828 2,924 -3% Barmer (1,080 MW) LT 100% 1,651 1,696 -3% 3,205
Slide 42: Operational Performance – PLF
Operational Performance – PLF ~ .JSWEnergy PLF Capacity Q2 FY23 Q2 FY22 H1 FY23 H1 FY22 Location % % % % % LT 89% 60 (*81) 66 (*88) 58 (*76) 66 (*87) Ratnagiri (1,200 MW) Total 100% 54 (*73) 62 (*83) 59 (*74) 61(*79) Barmer (1,080 MW) LT 100% 77 (*81) 78 (*83) 75 (*78) 76 (*81) LT 35% 100 (*100) 84
Slide 43: Cash Returns on Adjusted Net Worth
Cash Returns on Adjusted Net Worth ~ .JSWEnergy ₹ Crore (Unless mentioned otherwise) Quarter ended Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Reported PAT 124 107 201 339 324 864 560 466 Add: Depreciation 292 294 288 284 281 277 289 294 Add/(less): Deferred Taxes 17 27 21 32 26 (7) 84 4
Slide 44: Update on Mytrah Acquisition
Update on Mytrah Acquisition ~ .JSWEnergy Value Accretive Deal Mytrah RE Assets: Geographically diverse Acquired portfolio consists of 422 MW solar and 1,331 MW wind Total: 1,753 MW The assets were acquired at an EV of approximately ₹ 10,530 Cr after adjusting for net current assets implying a E
Slide 45: Ind-Barath Acquisition Timeline
Ind-Barath Acquisition Timeline ~ .-,SWEnergy July, 2022 • Approval received Oct, 2019 from NCLT for the Resolution Plan • Subsequent to Sep, 2019 under the negotiation with corporate CoC Revised • Earlier Process insolvency Resolution Plan May, 2019 annulled & JSWEL submitted resolution process sub
Slide 46: Re-organisation of Green and Grey Business
Re-organisation of Green and Grey Business ~ .-,SWEnergy To facilitate growth and unlock value for the shareholders, the renewable energy business will be housed under ‘JSW Neo Energy Limited’, a wholly owned subsidiary of the Company, while the thermal business will continue to be housed in the Com
Slide 47: Broad Corporate Structure: Post re-organisation
Broad Corporate Structure : Post re-organisation ~ .JSWEnergy Ratnagiri – 1,200 MW Vijayanagar – 860 MW Hydro Entities JSW Energy Limited Nandyal – 18 MW Solar/Wind Entities Total – 2,088 MW JSW Neo Energy JSW Energy (Barmer) Limited JSW Energy (Jharsuguda) Ltd Jaigad Power Transco JSW Power Trading
Slide 48: Independent Auditor's Review Report – Standalone
Chartered Accountants Deloitte One International Center Tower 3, 27th-32nd Floor Haskins & Sells LLP Senapatl Sapat Marg Elphinstone Road (West) Mumbai-400 013 Maharashtra, India Tel: +91 22 6185 4000 Fax: +912261854101 INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RE
Slide 49: Standalone Unaudited Financial Results
ENERGY LIMITED Registered Office : JSW Centre, Sandra Kurla Complex, Sandra (East), Mumbai-400051 CIN : L74999MH1994PLC077041 Statement of Standalone Unaudited Financial Results for the Quarter and Six Months Ended September 30, 2022 ~ crore Quarter Ended Six Months Ended Year Ended Sr. 30.09.2022 3
Slide 50: Standalone Statement of Assets and Liabilities
Standalone Statement of Assets and Liabilities f Crore As at Particulars 30.09.2022 31.03.2022 Unaudited Audited A. ASSETS 1. Non-current assets: (a) Property, plant and equipment 3,81808 3,954 46 (b) Capital work-in-progress 11 .88 23 44 (c) Other Intangible assets 2 46 2 20 (d) Investments in subs
Slide 51: Standalone Statement of Cash Flows
Standalone Statement of Cash Flows f Crore For Six Months Ended Particulars 30.09.2022 30 .09.2021 Unaudited Unaudited A CASH FLOW FROM OPERATING ACTIVITIES Profit before tax 736.95 338.62 Adjusted for: Depreciation and amortisation expense 160 28 170 71 Interest income earned on financial assets th
Slide 52: Additional information pursuant to Regulation 52(4)
Additional information pursuant to Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended· As at/ As at/ As at/ Sr. Particulars Quarter Ended Six Months Ended Year Ended No. 30.06.2022 30.09.2021 30.09.2022 30.09.2021
Slide 53: Notes
Notes : Exceptional item oft 120 crore represents reversal of loss allowance recognised in an earlier year on a loan given to a party, upon recovery of the loan. 2 The Company has considered the possible effects that may result from the pandemic relating to COVID-19 in the preparation of these resul
Slide 54: Independent Auditor's Review Report – Consolidated
Chartered Accountants Deloitte One International Ce nter Tower 3, 27th-32nd Floor Haskins & Sells LLP Senapatl Bapat Marg Elphinstone Road (West) Mumbai-400 0 13 Maharashtra, India Tel: +91 22 6185 4000 Fax: +912261854101 INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIA
Slide 55: Independent Auditor's Review Report (continued)
Deloitte Haskins & Sells LLP 6. We did not review the financial information | financial results of 27 subsidiaries included in the unaudited consolidated financial results, whose interim financial information | financial results reflect total assets of Rs 23,116.01 crore as at September 30, 2022, to
Slide 56: List of entities included in consolidated results
Deloitte Haskins & Sells LLP Appendix A List of entities included in consolidated financial results I. Parent JSW Energy Limited II. Subsidiaries a) JSW Hydro Energy Limited (formerly known as Himachal Baspa Power Company Limited) b) JSW Energy (Kutehr) Limited c) JSW Energy (Raigarh) Limited d) JSW
Slide 57: Statement of Consolidated Financial Results
~ ENERGY LIMITED Registered Office : JSW Centre, Sandra Kurla Complex, Sandra (East), Mumbai 400051 CIN: L74999MH1994PLC077041 Statement of Consolidated Financial Results for the Quarter and Six Months Ended September 30, 2022 f crore Quarter Ended Six Months Ended Year Ended Sr. 30 .09 .2022 30.09.
Slide 58: Consolidated Statement of Assets and Liabilities
Consolidated Statement of Assets and Liabilities ( f crore) As at Sr. 30.09.2022 31.03.2022 Particulars No. Audited Unaudited A ASSETS 1 Non-current assets: (a) Property, plant and equipment 14,037 05 13,422 82 (b) Capital work-in-progress 2.676 57 2,090.60 (c) Goodwill 639.82 639.82 (d) Other intan
Slide 59: Consolidated Statement of Cash Flows
Consolidated Statement of Cash Flows ( i!' crore ) Sr. Particulars For the period ended For the period ended No. 30.09.2022 30.09.2021 Unaudited Unaudited I, CASH FLOW FROM OPERATING ACTIVITIES Profit before tax and deferred tax adjustable in future tariff 1,357.46 861.80 Adjusted for: Deprecre t,on
Slide 60: Notes
Notes: 1 Exceptional item oft 120 crore represents reversal of loss allowance recognised in an earlier year on a loan given to a party, upon recovery of the loan 2 The Gro up has considered the possible effects that may result from the pandem ic relating to COVID-19 in the preparation of these resul
Slide 61: Press Release: Financial Results for the Quarter ended September 30, 2022
~ .ftH'Energy Press Release October 28, 2022 Financial Results for the Quarter ended September 30, 2022 Mumbai, India: JSW Energy Limited ("JSW Energy" or the "Company") today reported its results for the quarter ("Q2 FY23" or the "Quarter") ended September 30, 2022. Key Highlights of Q2 FY23 (Conso
Slide 62: Update on Growth Projects
Update on Growth Projects : • 1.26 GW SECI IX & X Wind projects: Phase-wise commissioning from Q3 FY23 • 240 MW Kutehr HEP: Project well ahead of timelines with ~84% tunneling completed (up from 75% in Ql FY23) • 733 Group Captive Wind projects: Commissioning progressively from Ql FY24 New Growth Pl
Slide 63: Consolidated Operational Performance
Consolidated Operational Performance The net generation at various locations/plants is as follows: (Figures in Million Units) Location/ Plant Q2 FY23 Q2 FY22 Vijayan agar 736 650 Ratnagiri 1,311 1,514 Barmer 1,651 1,696 Nandyal 0 28 Himachal Pradesh (Hydro) 2,900 2,895 Solar 76 3 Total* 6,675 6,786
Slide 64: Consolidated Financial Performance Review and Analysis
• Solar: The solar plants achieved an average CUF of 16% vis-a-vis 15% in Q2 FY22. Consolidated Financial Performance Review and Analysis: During the quarter, Total Revenue increased by 16% YoY to ,2,596 Crore from ,2,237 Crore YoY, largely due to increase in fuel costs (which are pass through in na
Slide 65: Growth Strategy
Growth Strategy: JSW Energy is pursuing a growth strategy to expand its installed capacity to 10 GW by FY25 and 20 GW by FY30. With a locked-in capacity of 9.9 GW the company is expected to achieve its FY25 target well ahead of the articulated timelines. Currently 2.2 GW of greenfield renewable ener
Slide 66: Business Environment and Outlook
Business Environment 4 : • India's power demand increased by 5.9% YoY in Q2 FY23, on back of broad based demand increase across the country. • Further, the all India peak power demand touched high of 200 GW in Sep'22 • In line with demand, overall power generation increased by 4.7% YoY in Q2 FY23, l
Slide 67: Medium-term power sector outlook
• Elevated inflation continues to be a risk and weighs on the growth outlook. CPI inflation at 7.4% YoY in Sep'22 stood at a five-month high. The RBI in its recent MPC meet has announced a further rate hike of 50 bps to 5.9%. • Over the medium term, the power sector outlook is healthy, as rapid urba
Slide 68: About JSW Energy
ABOUT JSW ENERGY: JSW Energy Ltd is one of the leading Private sector power producers in India and part of the USO 22 billion JSW Group which has significant presence in sectors such as steel, energy, infrastructure, cement, sports among others. JSW Energy Ltd has established its presence across the