Adani Power Limited has submitted to the Exchange, copy of the Earnings Call Transcript

AI summary - Q2 FY27 power sales grew 11.5% to 26.4 billion units; PLF improved to 70% - Continuing revenue rose 28.5% to INR17,528 Cr; continuing EBITDA up 18.5% to INR6,321 Cr - Reported PAT surged 141.5% to INR7,019 Cr; H1 FY27 PAT nearly INR11,886 Cr (+91.4% y-y) - Credit rating upgraded to AA+; secured 25-year 1,320 MW PPA from Uttarakhand - Korba Phase-II unit 1 grid synchronized; commissioning expected Q3 FY27; Mahan Phase-II on track for early FY28 - Hydro capacity expansion via 770 MW JV in Bhutan; targeting 5,000 MW hydro internationally - Peak debt expected around INR1 lakh Cr by FY30-31; capex funded mainly from internal accruals - Normal thermal PLF guidance ~65%; Q2 elevated due to low hydro availability - Multiple analyst queries on tariff pass-through and capacity additions addressed