Hi, sir. Thanks for taking my question. Can you just help us again with the timeline in terms of the CERC tariffs that you have mentioned for Parbati and Subansiri both? If everything goes well, from when can we see the recognition of revenue at 100% for both of them?
Once the order comes, after that you said that you will take around few months after which you can recognize it or immediately from the quarter?
Hi, sir, thank you for having the call. So, my first question is on the sourcing bit only. You said on the Sulphur front it is slightly challenging as of now. I mean obviously we have visibility of Q1 but going into Q2 it is a bit difficult. So, can you just help us with the current sourcing? I mean it was earlier with the Middle East so from where you are kind of man aging the sourcing for Sulphur and the raw materials, if there is any change? So, that is my first question.
Sure, sir. As of now there is no shortfall as such. It is available at a higher price. That is about it, right?
Hi, sir. Thanks for the opportunity. Just one question in terms of , I think, in the call you had mentioned some AI, I mean, enabling in wind turbines uh going ahead. So can you just help us understand what you all Sare kind of trying to do and what are the developments in that space that you all are looking at?
Hi, sir. Thank you for taking my question. First, just wanted to check in terms of the battery, in terms of your capacity addition of 2 gigawatt hour that has happened, how much, I mean, in terms of profit, if you look at the run rate is about Rs. 2,000 crores-Rs. 2,100 crores, right, in terms of operating profit. So, how much this could kind of, the battery projects could kind of add in profit if you just help us understand in terms of 1 gigawatt hour if you sell it in merchant in t erms of next couple of quarters?
Okay, I think that's quite helpful. And if you, I mean, next year, I mean, going into fiscal '27, you mentioned 1.5 gigawatt will be added, right? I mean, for ACME?
Yes. Hi. I just wanted to understand on the bid curtailment front. I just want to clarify, actually, that is it only related to, I mean, is it related to demand? Is it related to the, I mean, the transmission lines not being available on time or, I mean, and what kind of capacity is exposed to such issues going ahead and in the current quarter, last quarter gone by?
So, I mean, go ahead. So if we commission on the PPA timelines and obviously there is no transmission availability because of some reason, we get compensated, but in this case, because of early commissioning, we won't be getting compensated, right?
Yes. Hi. Just, can you help with the capacity additions that we are kind of expecting in fiscal '26 and '27? I mean, you have given a number of 7 gigawatt by '27, '28. But if you can just help us with the year wise number. And second would be, I mean, any ballpark EBITDA that we could kind of be looking at in terms of forecast, yes.
Okay. I think that's helpful. And I mean, in terms of incremental bidding, so since there are a lot of things in pipeline, you'll be looking for more projects or probably you'll be looking to enter, maybe you'll take a break, maybe for 6 months or a year, and then looking at more projects for your 10 gigawatt target for fiscal '30.
Yes. Hi. So, just wanted to, in terms of the overall supplies that have been happening, that should come up over the probably next 1 or 2 years in terms of modules. And now ALCM is also in place. But given the announcement that have come up in terms of even the cell manufacturing, how do you see, I mean, the overall demand supply space, at least in the domestic markets, let's say, over the next -- after the next couple of years? Given that the demand will be broadly around 40-to-45-gigawatts range, and the supply even on the cell front would probably cross that. And how are you looking at the export markets? I mean, anything that you all would be probably exploring outside US, maybe in some other markets, like one of three competitors has ent ered into his testing space in some other country. So, probably you are looking at something like that?
Sure, I think that's helpful. But any progress or anything that you can share in terms of other geographies or it's still a way like, I mean, in terms of maybe probably in 26 or 27, like, or any progress?
So my first question would be on the gross margins in the US. So, I mean, can you help us understand the gross margins with and without probably the IRA benefits, if it were to get implemented, like how it will impact the gross margins for you all? And doe s it impact the existing order books or no?
And in terms of the cells that are getting, the cell capacity that is getting commissioned, so any part of the existing order book includes cells that will be manufactured from Waaree?
Yes, hi. Just if you could -- just on numbers, I mean, if you could just share the market share for petrol and diesel for Q4 and for fiscal 2025 as well.
Okay. And then for Q4, I mean, that would be?
Congratulations on good sort of number. Yes, so just one question in terms of the new cell and module capacity, which is kind of coming through of one gigawatt each, how do you see the ramp up happening? I mean, will I mean, will the cell capacity kind of take a similar timeline in terms of ramping up in terms of utilization or it will be faster than what we have seen previously?
So, I mean, we can see at least, I mean, more than 50%, 60% of course after one quarter. I mean, that's what we can.