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The factory load factor (PLF) of the company's coal-fired power plants excludes the project Sasan Ultra Mega Power (UMPP) of 3,960 MW Compared to the same quarter of last year, Reliance Power, the power generation company headed by Anil Ambani, recorded marginal growth in its consolidated net profit to 237 crores of Rs during the quarter from April to June 2018. the drop in tax, even as total income, and earnings before the depreciation and amortization of the l 39; Interest taxes fell about 14% and 6%, respectively. Operating margins or margins from earnings before amortization of interest expense (EBITDA), however, increased 370 basis points to 45.9%. EBITDA fell 6.3% to Rs 1,089 crore during the quarter, while total revenue fell 13.88% to Rs 2,370 crore. Expenditures were less than Rs 2,073.56 crores against Rs 2,425 Crores a year ago. Net profit was supported by a lower tax of Rs 59.66 crore against Rs 96 crore a year ago.
The plant load factor (PLF) of coal plants excluding the Sasan Ultra Mega Power project of 3,960 MW), decreased in April-June compared to the same quarter last year. The Rosa (1200 MW) power station in Uttar Pradesh operated at 63% compared to 86% in the same quarter of the previous year. The total volume generated by the plant in April-June was 1,659 million units against 2,245 million a year ago. The 600 MW Butibori factory in Maharashtra operated at 45% PLF against 64% a year ago. Although the company did not disclose the total power produced by the plant between April and June, the plant generated about 842 million units a year ago. The factory was facing some technical problems last year; however, the current status is not clear.
Sasan UMPP, however, achieved the highest ever quarterly PLF of 98.2% during the reported period. The company has noted in its financial statements that the wholly owned subsidiaries Reliance Bangladesh LNG Terminal (RBLTL) and Reliance Bangladesh LNG & Power (RBLPL) have finalized the EPC contractor for the first phase of the 754 MW power project and a FSRU LNG terminal in Bangladesh. Reliance Power plans to transfer its unused gas badets to Samalkot, Andhra Pradesh, to Bangladesh's energy project. For the balance of two modules (1,508 MWJ, Samalkot Power (SMPL) actively seeks the allocation of gas links at commercially viable prices and production opportunities and evaluates other solutions to deal with persistent uncertainty about the availability of natural gas. "Given these plans, including the relocation of unused badets acquired for the SMPL project in Bangladesh and support from the parent company, SMPL would be able to cope with its financial obligations and prepare its financial statements on a going concern basis. "Reliance Power's Board of Directors has also approved and requested shareholder approval to incur debt through the private placement of debentures. , but the details have not been provided.
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