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ReNew POWER ReNew Power Announces Results for the Second Quarter ( Q2 FY22 ) and First Half of Fiscal 2022 , both ended September 30 , 2021 ( H1 FY22 ) November 17 , 2021 LONDON , Nov. 17 , 2021 / PRNewswire / -- ReNew Energy Global plc ( " ReNew Power " ) , India's leading renewable energy company , today announced its consolidated results for the Q2 FY22 and H1 FY22 . Operating Highlights : • As of September 30 , 2021 , our portfolio consisted of 10,217 MWs of which 6,315 MW projects are commissioned ; an increase of 15.6 % over September 30 , 2020 and 3,902 MW are committed , out of which power purchase agreements ( " PPAS " ) are signed for 2,699 MWs . • Total Income ( or total revenue ) for H1 FY22 was INR 38,119 million ( US $ 514 million ) , an increase of 26.0 % over H1 FY21 . Total Income for the Q2 FY22 was INR 21,312 million ( US $ 287 million ) , an increase of 44.3 % over Q2 FY21 . • Net loss for H1 FY22 was INR 9,849 million ( US $ 133 million ) compared to a net loss of INR 592 million in H1 FY21 . The net loss for H1 FY22 included INR 16,407 million ( US $ 221 million ) of charges related to listing on Nasdaq Stock Market LLC , issuance of share warrants , listing related share based payments and others . • Adjusted EBITDA ( 2 ) ( Non - IFRS ) for H1 FY22 was INR 31,902 million ( US $ 430 million ) , an increase of 27.9 % over H1 FY21 . Adjusted EBITDA for Q2 FY22 was INR 18,184 million ( US $ 245 million ) , an increase of 50.3 % over Q2 FY21 . Adjusted EBITDA was not adjusted for the net negative impact of weather relative to normal of approximately INR 2,966 million ( US $ 40 million ) H1 FY22 and approximately INR 1,632 million ( US $ 22 million ) for Q2 FY22 . • Non - IFRS Cash Flow to Equity ( 2 ) ( " CFe " ) from Operating Assets for H1 FY22 was INR 14,264 million ( US $ 192 million ) , an increase of 84.3 % over H1 FY21 . Non - IFRS Cash Flow to Equity ( " CFe " ) from Operating Assets for the Q2 FY22 was INR 6,802 million ( US $ 92 million ) , an increase of 757.5 % over Q2 FY21 . Portfolio Adjusted EBITDA Run Rate as of November 15 , 2021 As of November 15 , 2021 , 7.0 GWs of capacity was commissioned . The chart below provides the Portfolio Adjusted EBITDA Run Rate which is an estimation of the Adjusted EBITDA once capacity is operating for a full year . Operating Capacity ( 7 GWs ) Signed PPAS ( 2.1 GWs ) LOA received , PPA to be signed ( 1.2 GWS ) Total portfolio ( 10.3 GWs ) INR million 59,700 64,500 16,300 17,400 7,500 - 8,200 83,500 - 90,100 US $ million 805-870 220-235 101-111 1,126-1,216 Note : Construction ( including land acquisition ) typically takes approximately six to 18 months for utility - scale wind energy projects , and four to 12 months for utility - scale solar energy projects . PPAS are typically signed three to six months after receipt of the LOA although there have been recent delays in receiving PPAs principally due to COVID - 19 . Guidance for FY22 Our estimate remains at 8.2 GWS of capacity operating by the end of FY22 and Adjusted EBITDA for FY22 , excluding the impact of weather , will be approximately INR 60,750 million ( or US $ 810 million using a foreign exchange rate of Indian rupees into U.S. dollars of INR 75.00 to US $ 1.00 ) . Form 6 - K containing financial statements and discussion of financial results has been filed with the SEC and can be accessed at www.sec.gov . Webcast and Conference Call Information A conference call has been scheduled to discuss these earnings results at 8:30 a.m. Eastern Time on November 18 , 2021. The conference call can be accessed live via at https://edge.media-server.com/mmc/p/e5mfmik9 or by phone ( toll - free ) by dialing US / Canada : ( 855 ) 881 1339 , UK : 0800 051 8245 , India : 0008 0010 08443 , SG : 800 101 2785 , Japan : 005 3116 1281 or +61 7 3145 4010 ( toll ) . A transcript / audio replay will be available following the call on the ReNew Investor Relations website at https://investor.renewpower.in/news-events/events . Notes : ( 1 ) This press release contains translations of certain Indian rupee amounts into U.S. dollars at specified rates solely for the convenience of the reader . Unless otherwise stated , the translation of Indian rupees into U.S. dollars has been made at INR 74.16 to US $ 1.00 , which is the noon buying rate in New York City for cable transfer in non - U.S . currencies as certified for customs purposes by the Federal Reserve Bank of New York on September 30 , 2021. We make no representation that the Indian rupee or U.S. dollar amounts referred to in this press release could have been