Sir, my first question is on the Mundra plant. Is the entire plant operating under the supplementary PPA terms? Or is it only the Gujarat part? Is the rest under operating on the section level?
Understood. So my next question is on the key growth drivers, which segments do you see to contribute most in the coming next 2 years for EBITDA growth?
Thank you. Good evening, sir. Congratulations on a strong performance in rooftop and module manufacturing. Just on the rooftop side, what's your outlook on the rooftop addition in India? I think, year-to-date, we have added around 7 to 7.5 gigawatts. W ill this continue going forward in '27 and '28?
Understood. Thanks, sir. So, my next question is on the module manufacturing. I could see that we have sold around 960 megawatt of modules. And we have also produced 960 megawatt of cells. So, is it right to assume that all of these cells are DCR module cells?
Sir, my question is on the UP distribution bid, on which you can provide us with some flavor on what's the time line of the bid? And will we be bidding for it something about that?
Thank you. That’s it.
So if you can help us explain the new SECI tender on contracts for difference s? How does it help exchanges? And what's the basic framework?
Understood. So this is a pilot tender. Do we expect more tenders coming in from this?
Good Afternoon. Sir, my first question is on the status of implementation of market coupling. What is the progress on the ground in terms of operational details. Were you guys asked to make a software or what has been the progress? And is it on time to get implemented by Jan 2026?
Understood. Sir, also if you could provide us with how IEX will play a role in the coal exchange and in the carbon exchange, if there is any development in that?
Thank you. My question got answered earlier.
Congratulations, sir. My question is just a follow up to the question with the previous participant. I just wanted to understand recently, I read a media article saying that almost 40 gigawatt of projects without PPAs are expected to cancel and go for rebidding. How do you expect this to impact the sector? Do you expect what's your outlook on the ordering activity in wind, especially when in seven months the ordering activity has been down? Do you expect this to impact the sector in the near term?
Understood. Thank you for that reassuring. Thank you and all the best.
Sir, as you mentioned in your opening remarks that there was around 15 gigawatts of wind capacity awarded this year. And you said that C&I is above this. If you could help me quantify this number in gigawatt how big is the market size in India annually?
No, sir. What about the C&I capacity, which is over and above this? How much -- how big is that market?
Hello. Hello. Hi. Good afternoon, sir. Am I audible now?
Yes. Sir, it is a follow-up for the first question. There was a media article saying that out of the 93-gigawatt of capacity awarded in FY ‘24 and ‘25, 42 -gigawatt is still pending to be signed. PPA is pending to be signed and they are planning to cancel these awards and re -bid these awards. How do you think this will impact the industry and how does it impact our projects? Are these only solar projects which they will cancel or even the complex and FDRE projects are in the risk of getting cancelled?
Thank you. So, my first question is on the capacity addition. We've commissioned around 350 megawatt in the first quarter and I think 100 megawatt is near completion. What more can we commission in this year, in FY26, which projects?
Sir, also I wanted to ask you on status on PPA for 2-3 projects, Sigma Urja, Omega Urja which are these two other solar projects and one alpha renewables which is a hybrid project. What is the reason for delay in signing of these PPA’s. Are we seeing any visibility in the near term?
Thank you. Thank you for the opportunity, sir. Congratulations on a very good set of results. My first question is just your view on how do you look at this, that ALMM-2 or the DCR module results in a higher cost of solar tariffs by around INR0.30 to INR0.40 paisa, and which might again be increased with the ALMM-3 introduction as well. So, what makes you think that there won’t be any push back from the industry, because in the end the price has borne by the consumer, by the retail.
Understood. understood. Thank you. And most of my questions have been answered. Just two bookkeeping questions. One, what would be our percentage of silver, cost of silver in the BOM for cell, for manufacturing the cell?
Yes. Good morning, sir. Thank you. Sir, just a follow-up on the question asked for the previous participant on the USA exports . I wanted to check, how are we currently catering to the USA order book? Is it from the -- is it from India or is it from the USA facility? And as you mentioned that there is a tariff impact, is that passed on to the customer or how is it?
Yes, the tariff.
Thank you. Good afternoon, sir. I understand that there are four different markets in India. One is the non -DCR. One is the DCR. And one is an U S export market. And there is another one which is a cap tive market and a CNI market. Sir if you could help us understand how big are these different market segments and what is our market share amongst all these different markets. I understand we are majorly in export US , but if you could just brief us about how different markets are, the different sizes?
Understood. So if you could help me with the gigawatt size like how big is th e DCR market in India annually like every year there's 20 gigawatt demand?
My first question is on the Karnataka LOA for Ind-Barath. What would be the terms of realization for this? Or was it a competitive bid, and how is the tariff decided for this LOA?
Also, I just wanted to check, did we have any one-off in our renewable EBITDA from either of the SECI projects or is it all of the organic EBITDA?
Congratulations for a very good set of numbers. Sir, just a follow-up from the previous question, the participant asked. You were speaking about the fourth unit of KSK Mahanadi. Do we have the FSA for the rest of the 3 units of KSK or how does the coal FSA work?
Understood. Sir, the next question is on the lines of your opening remarks, you said you had plans on BESS battery manufacturing and wind manufacturing. If you can speak about a bit about that. One, on batteries, isn't importing battery better for your projects? Isn't that cheaper than building a plant and assembling it over here? That is number one. Number two is on the wind manufacturing. How are you looking at after the domestic mandate, which the government has given the draft circular?
Sir, I just had one question. I just wanted to check with you on the co al import volumes from Tata Power and Adani Power, if you could provide them for this quarter compared to the previous quarter year-on-year?
Understood, sir. Fair enough. I understand that how coastal coal cargo -- coastal volumes of coal will offset the lower imported coal. And I understand that you won't be able to give me specific numbers. But if you could just provide the growth rate or de -growth in terms of the percentage for the imported coal by Tata Power and Adani.
Sir, my first question is on the growth in volumes. What were the key drivers for our volumes for this quarter, especially containers and at Mundra and Dhamra?
Also for the coal volumes, is it because more of an inland shipment? Is it because of that?
Yes. Sir, I had a question. So recently i n February, we read a news article saying that there is infrastructure plans to enter into airports, probably buying a stake in some airport in Bengal. What is this about, sir?
My question was on the airport, sir?
So my first question is which type of orders are you targeting to bid any specific segment? Or what's your strategy on that?
PPP in roads ma'am?
Thank you. Sir, what would be your order inflow guidance for FY25?
Any particular number on the inflow, Sir?