Orient Green Power Company Ltd

- The company is exploring all options for future fundraising, including preferential issues, rights issues, and external equity sources, especially for large-scale expansions. - Currently, internal resources support small capacity additions (e.g., 9.9 MW wind expansion), but anything larger will require external equity. - Management is working on strategic initiatives and waiting for market stability to move forward with asset acquisitions and related financing. - No specific timeline is confirmed for new fundraising; clarity is expected in the next quarter. - Loan repayments continue using surplus cash flow, but these repayments won’t fund major expansions. - Discussions about involving foreign or PE investors are ongoing but no definitive arrangements have been announced yet.

- Recently commissioned 9.9 MW wind capacity (6.6 MW in March ‘26, 3.3 MW in April ‘26). - Under construction: 17.6 MW solar capacity, expected commissioning in Q1 FY27 and full production by Q2 FY27. - Repowering 7.8 MW older wind turbines under Tamil Nadu's New Repowering Policy; evaluating more repowering opportunities this year. - Focus on adding repowering capacities, including hybrid wind and solar options. - No major new large-scale projects announced yet; strategic acquisitions considered but currently slowed due to market volatility. - Internal resources planned to fund small expansions; significant capacity additions will require external equity funding. - Exploring options to add battery storage to solar assets to provide 24x7 power. - Management working 24x7 to enhance shareholder value and improve performance.

- Expansion plans focus primarily on wind capacity, as it constitutes the majority of current assets. - Solar capacity growth will be cautious due to existing afternoon power glut; battery storage integration for solar is being considered to provide 24x7 power. - Recent additions include 9.9 MW wind (commissioned FY26) and 17.6 MW solar (to be commissioned Q1 FY27 with full production by Q2). - Revenue from new solar project expected around INR 14.5 crores annually; wind expansion (9.9 MW) expected to bring ~INR 14 crores annually, assuming normal conditions. - Repowering older wind turbines under new policies expected to add capacity throughout the year. - No significant curtailment issues currently; ongoing monitoring during peak wind seasons. - Overall, capacity additions and repowering will drive revenue growth and operational efficiency in FY27 and FY28, but wind season variability affects quarterly revenue patterns.

- FY26 marked highest profits in company history, with PAT growing 70% to INR 72 crores. - Wind expansion remains the primary growth driver due to larger wind capacity compared to solar. - Solar expansion is cautious due to afternoon power glut; exploring battery storage to provide 24x7 power. - Capacity additions: 9.9 MW wind added in FY26; 17.6 MW solar under construction, expected full production by Q2 FY27. - Repowering older wind turbines under new Tamil Nadu policy to improve efficiency. - No significant curtailment issues anticipated; technical curtailments minimal historically. - Revenue from new projects in FY27 expected: ~INR 14 crores (9.9 MW wind), ~INR 14.5 crores (17.6 MW solar). - Profitability in Q1 FY27 depends on wind seasonality; comparisons should be made year-over-year. - Strategic expansions may require external equity; internal resources can support small expansions only. - Management committed to improving shareholder value and operational performance year-on-year.

The transcript does not explicitly mention any current or expected order book or pending orders for Orient Green Power Company Limited. However, some relevant points related to projects and capacity additions include: - Recently added 9.9 MW wind capacity (6.6 MW in March '26 and 3.3 MW in April '26). - Under construction: 17.6 MW solar capacity expected to be commissioned in Q1 FY27, with full production by Q2 FY27. - Ongoing repowering of 7.8 MW older wind turbines under the Government of Tamil Nadu's new repowering policy. - Focus on internal projects while strategic initiatives for larger acquisitions are underway but delayed due to market conditions. - No specific details or figures on orderbook or pending orders mentioned during the call. Hence, capacity expansions are progressing primarily via internal projects and repowering, with external acquisitions considered but no confirmed orders disclosed.