AGEL's Operational Capacity grows to 3,245 MW with addition of 700 MW in YTD FY21
Posted On:
2021-02-03 05:52:50
(Time Zone: Arizona, USA)
Adani Green Energy Ltd. ["AGEL"], a part of the Adani Group, today announced the financial results for the financial period ended December 31, 2020.
- Sale of Energy for Q3 FY21 increased by 31% YoY on the back of capacity addition of 530 MW and improved Solar CUF.
- Solar CUF increased by 80 bps YoY at 20.8% in Q3 FY21 with 80 bps improvement YoY in Plant availability at ~ 100% and consistent Solar irradiation.
- Wind CUF decreased by 200 bps YoY at 18.9% in Q3 FY21 due to lower wind speed (4.9 v/s 5.6 meters/sec YoY) although well compensated by 630 bps improvement in plant availability at 94.8% Q3 FY21. Wind CUF has improved by 30 bps for 9M FY21.