ReNew Energy Global plc (RNW) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

that could cause our results to differ materially from those expressed or implied by such forward-looking statements. So we encourage you to review the press release we furnish in our Form 6-K and the presentation on our website for a more complete description. Also contained in our press release, presentation materials and annual report are certain non-IFRS measures that we reconciled to the most comparable IFRS measures, and these reconciliations are also available on our website in the press release, presentation materials, and on annual report. It is now my pleasure to hand it over to Sumanth. Sumanth, please take it away. Yeah, thank you, Anand. Good morning, good afternoon, and good evening, everyone. and glad to have all of you on our earnings call for the fourth quarter of fiscal 2025. We have concluded fiscal year 2025 with significant achievements, and the outlook for the renewable energy sector in India looks extremely promising. In our 15th year, we constructed more megawatts than we have done in the past, taking our total operating megawatts to 11.2 gigawatts, which is a new high for us. This is 17% higher than at the same time last year, and 21% if we compare on a for-like basis after excluding asset sales. Since April 2024, we have constructed over 2 gigawatts of RE assets, of which 1.95 gigawatts have already received COD approvals, and another 250 megawatts should receive them shortly. Not only this, but we also continue to extend our contracted portfolio by adding new bids and signing new PPAs. Our contracted portfolio now stands at 18.5 gigawatts, along with 1.1 gigawatt hours of BES, which is additional to the 18.5. This is 18% higher than at the same time last year. We have added 1.3 gigawatts of PPAs since Q3 fiscal 2025, and have signed PPAs fo...