Yes. Hi. Thanks for the opportunity. I just want to understand the demand -supply scenario in the non-DCR market. I mean, you addressed this before, but just a clarification because now that ALCM is also there, some speculations on that getting deferred. Do you see any pressure in this non-DCR market now?
Understood. But do you see any supply pressure because of that, any pricing competition?
Yes, hi. Thanks for the opportunity. So, first question is on the cell line. Is it stabilized and how much is the capacity utilization for the quarter?
Got it. My second question is on the module production. Your PPT states that it is up 64% year- over-year. But when I see your result, I mean the release, it says the revenue from modules is up 21%. So, like why is that? If you could throw some light on that.
Yes, thanks. So, just wanted to get some understanding on the DCR market. How is that shaping up? What's the annual demand for DCR modules? Secondly, as now you already have 5.4 gigawatts, do you see further margin expansion because of that?
One last question. The DCR module prices, I think last time I checked it was around INR23 a watt or something. So, is that correct or do you see any decline in price given that many more players are putting up facilities?
Yes. So you said input costs drop. So just wanted to know what input costs drop…
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Yes, hi. Thanks for the opportunity. I'm looking at Slide 14 that you have given the whole demand scenario. So just, can you break it up into various sources , like how much is coming from each source annually, say, the main tendering agencies NTPC and all the state discounts corporate rooftop, and the household rooftop. So and maybe how much demand is coming if you could?
Yes, but I just wanted, understanding on the entire not just DCR non-DCR as well.
Yes. Thank you for the opportunity. This is regarding the 14th slide in the investor's presentation about the demand for DCR modules. We have stated that for the next two years there is going to be significant demand 27 from PM Surya Ghar and 30 from KUSUM. I believe that was the total demand over three years and lot of it was installed last year also. So do you still think that another 50 gigawatt of DCR will be there over next two years?
Also there was some problem around delay in signing the PPAs, do you see that affecting the solar demand?
Thanks for the opportunity. So, just wanted to understand, is there any, I mean, regional hold in the industry? For example, you have factory in Telangana, so does that mean that you have better holdover market in that region and other people who are in factories in North, they control the market there? Is there any kind of thing?
Okay. And so, can you give a distribution of how much of your modules are sold directly to EPC or through government vendors or through distributors?
Thank you for the opportunity. So, on the 30 MW plus segment, I wanted to understand, you said you were gaining market share and you're already maintaining 50% plus in the sub 30 MW. So, on a broader level, what are the key factors the customers look for when choosing a turbine? What ar e the options? Basically, who are the competitors? And why exactly do they go for Triveni?
Same on the API side, how is the competition? And who are the players, if you could name a few?