Questions across 3 calls

Brett Knoblauch

Cantor Fitzgerald

Adani Enterprises Limited

Adani Enterprises Limited CC-Sep24.pdf · 2024-10-29

Let me just talk a minute about your data center business and what you guys are seeing there in terms of pipeline and demand. I know obviously a big trend around the world is AI and new high performance compute data centers. Do you guys have any plans to build data centers to support higher shifts that are coming to market, and have you had any kind of talks surrounding that?

Perfect. Thank you, that's helpful. And as you're thinking about the incubating businesses and maybe new businesses to come, would getting into anywhere on the AI supply chain or that market be interesting to you guys?

Adani Enterprises Limited CC-Mar24.pdf ·

No, perfect. Very helpful. And then on the Airport side of the business, I believe over the next couple of maybe quarters years, there's additional airports that are going to be privatized or up for auction. Is that something that you guys would look at actually? I think , it's 11, it’s going to come up soon and then 14 additional airports coming up after that.

Got it. Awesome. And then maybe moving to data centers. It seems like a couple of the projects are nearing completion. I guess, what type of capacity are you expecting to have for that business by the end of FY25? I'm guessing both Noida and Hyderabad would both be completed.

Adani Energy Solutions Limited

Adani Energy Solutions Limited CC-Sep24.pdf · 2024-10-23

First on the smart metering deployment, how difficult is it to ramp up from 4,000 meters a day now, approaching 10,000 meters a day. What is the biggest bottleneck , why you're not doing more on a daily basis? Is it labor? Is it inventory of the meters itself? Maybe just help explain that a bit.

Thank you, that is super helpful. And then on the capex guidance, I think you said somewhere around Rs 10,000 crore for the year, which implies, I guess, just over Rs 6,500 for the rest of the year. Can you just maybe break down how much of that is going to be between the three business segments of transmission, distribution, and smart metering? And should we expect relative to the first half, smart metering, to have a significant growth?