A 30 per cent rise in fuel cost at Rs 827 crore (Rs 637 crore in the previous year quarter) brought down the margins of Reliance Power for the September quarter.
This is despite the company clocking higher revenues and its 1,200 MW Rosa Plant in Uttar Pradesh logging 90 per cent plant availability.
Apart from the Rosa Plant, its 40 MW Dhursar solar PV plant in Rajasthan operated at 20 per cent and its 45 MW wind project in Vashpet, Maharashtra, logged 33 per cent plant load factor.
RPower said the progress at the second unit of 660 MW of 4,000 MW Sasan plant is on track and the unit is likely to be commissioned this month.
Its 100 MW concentrated solar power plant at Dhursar in Rajasthan is expected to be commissioned this fiscal.
On Monday, the R Power scrip closed 2.46 per cent lower at Rs 73.40 on BSE.
No comments:
Post a Comment