Adani Green Energy Limited

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Date: February 07, 2023 To BSE Limited P J Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 541450 Dear Sir, The National Stock Exchange of Ind

72.6%

rt & Logistics Materials, Metal & Mining Direct to consumer ~USD 222 bn 1 Combined Market Cap (72.6%) AEL (60.8%) AGEL Renewables (37.4%) ATGL3 Gas Discom (74.2%) ATL T&D (75.0%) APL IPP (65.1%

60.8%

Materials, Metal & Mining Direct to consumer ~USD 222 bn 1 Combined Market Cap (72.6%) AEL (60.8%) AGEL Renewables (37.4%) ATGL3 Gas Discom (74.2%) ATL T&D (75.0%) APL IPP (65.1%) APSEZ Ports

37.4%

ing Direct to consumer ~USD 222 bn 1 Combined Market Cap (72.6%) AEL (60.8%) AGEL Renewables (37.4%) ATGL3 Gas Discom (74.2%) ATL T&D (75.0%) APL IPP (65.1%) APSEZ Ports & Logistics (100%) NQXT

74.2%

USD 222 bn 1 Combined Market Cap (72.6%) AEL (60.8%) AGEL Renewables (37.4%) ATGL3 Gas Discom (74.2%) ATL T&D (75.0%) APL IPP (65.1%) APSEZ Ports & Logistics (100%) NQXT2 (100%) ANIL New Industr

75.0%

ined Market Cap (72.6%) AEL (60.8%) AGEL Renewables (37.4%) ATGL3 Gas Discom (74.2%) ATL T&D (75.0%) APL IPP (65.1%) APSEZ Ports & Logistics (100%) NQXT2 (100%) ANIL New Industries (50%) AdaniC

65.1%

72.6%) AEL (60.8%) AGEL Renewables (37.4%) ATGL3 Gas Discom (74.2%) ATL T&D (75.0%) APL IPP (65.1%) APSEZ Ports & Logistics (100%) NQXT2 (100%) ANIL New Industries (50%) AdaniConneX4 Data Centre

100%

les (37.4%) ATGL3 Gas Discom (74.2%) ATL T&D (75.0%) APL IPP (65.1%) APSEZ Ports & Logistics (100%) NQXT2 (100%) ANIL New Industries (50%) AdaniConneX4 Data Centre (100%) AAHL Airports (100%) A

50%

T&D (75.0%) APL IPP (65.1%) APSEZ Ports & Logistics (100%) NQXT2 (100%) ANIL New Industries (50%) AdaniConneX4 Data Centre (100%) AAHL Airports (100%) ARTL Roads (%): Promoter equity stake in A

63.2%

(%): Promoter equity stake in Adani Portfolio companies (%): AEL equity stake in its subsidiaries (63.2%) Cement 5 (100%) PVC (100%) Copper, Aluminum (100%) Mining Services & Commercial Mining (44

44.0%

2%) Cement 5 (100%) PVC (100%) Copper, Aluminum (100%) Mining Services & Commercial Mining (44.0%) AWL Food FMCG (100%) ADL Digital Adani Portfolio’s Listed Entities A multi-decade story of h

63.15%

ar Limited; ADL: Adani Digital Limited; IPP: Independent Power Producer 5. Cement business includes 63.15% stake in Ambuja Cement which in turn owns 50.05% in ACC Limited. Adani directly owns 6.64% stake in

“3.85 per unit o Renewable capacity target of 45 GW by 2030 Multiple Locations o AGEL’s Energy Compact is accepted by United Nations and showcased at COP26 meeting in UK o Plantation of 3,600 neem trees along the road-side with tree guards at Bikaner o Animal welfare and camps for Lumpy virus organized in Jaisalmer Climate Chnage 7.”

“▪ With higher share of NTPC/SECI in portfolio, receivables ageing expected to further improve in medium term.”

Improved CUF performance backed by

2

The reduction in CUF is primarily due to

1

Improved CUF performance backed by

- - - - Integration of SB Energy portfolio having CUF of 26.0% for 9M FY23 Consistent high plant availability of 99.5% 50 bps improvement in grid availability to 99.3% Improved solar irradiation - One-off disruption in transmission line (force majeure) for 150 MW plant at Gujarat, which has now been restored fully. - - Lower wind speed Lower plant availability primarily on account of proactive replacement of transformers carried out in one of the plants. Solar portfolio continues its robust performance backed by ~ 100% plant availability Sale of Energy up by 29% backed by robust capacity addition 1.This is excluding 150 MW assets which were then under acquisition for which revenue/ sale of energy was not accounted in 9M FY22 and have been integrated from Q1 FY23. 16 AGEL: Hybrid Portfolio Performance in 9M FY23 Plant Availability Grid Availability 99.9% 97.3% 99.9% 97.8% 99.5% 99.3% • 1,440 MW Solar-Wind Hybrid projects commissioned in 9M FY23: - Solar: 1,380 MW Solar Wind Hybrid Solar

Improved CUF performance backed by

- 40 bps improvement in plant availability to 99.8% - 30 bps improvement in grid availability to 99.6% - Improved solar irradiation • • Sale of Energy up by 47% on the back of Capacity increase from 497 MW 1 to 971 MW YoY. The reduction in CUF is primarily due to - One-off disruption in transmission line (force majeure) for 150 MW plant at Gujarat, which has now been restored fully. - - Lower wind speed Lower Plant Availability primarily on account of proactive replacement of transformers carried out in one of the plants. Improved Solar CUF by 140 bps to 23.3% primarily backed by integration of SB Energy portfolio and improved plant/ grid availability Sale of Energy increased by 47% backed by robust capacity addition 1.This is excluding 150 MW assets which were then under acquisition for which revenue/ sale of energy was not accounted in Q3 FY22 and have been integrated from Q1 FY23. 29 AGEL: Hybrid Portfolio Performance in Q3 FY23 Plant Availability Grid Availability 99.9% 97.7% 99.4%