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In an interview to CNBC-TV18, Anurag Mundra, Joint MD & CFO of Ujaas Energy spoke about the latest happenings in the company.
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In an interview to CNBC-TV18, Anurag Mundra, Joint MD & CFO of Ujaas Energy spoke about the results and his outlook for the company.
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In an interview to CNBC-TV18’s Reema Tendulkar and Nigel D’Souza, Anurag Mundra, Joint MD at Ujaas Energy spoke from the sidelines of the Valorem Week Analyst Conference 2017 about the order received from Indraprastha Gas and also spoke about their order pipeline going forward.
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In an interview to CNBC-TV18, Anurag Mundra, Joint MD & CFO of Ujaas Energy said that rumours regarding mismanagement and auditor commentary are absolutely incorrect.
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Anurag Mundra, Joint Managing Director and Chief Financial Officer at Ujaas Energy, said that margins may have slipped as solar power operations generated lesser electricity due to monsoon. He added that going ahead the company plans to commission 80MW worth solar energy in FY17.
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The company currently has 25 megawatt of orders and bid-book of around 85 MW, said Anurag Mundra, Joint MD & CFO, Ujaas Energy.
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For the first time, funds of this scale have been assigned to the solar sector in any country, said Anurag Mundra, Joint Managing Director and Chief Financial Officer of Ujaas Energy.
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The company's growth trajectory is looking exciting this year given the accelerated push for solar fields by the government, says Anurag Mundra, Joint MD and CFO, Ujaas Energy.
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Speaking to CNBC-TV18, Anurag Mundra, Joint MD and CFO said that with this order the company has an orderbook of 40 MW and has made bids for 180 MW worth of projects.
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Ujaas Energy reported revenue of Rs 45.6 crore against Rs 7 crore in the same period last year and operational efficiency (EBITDA) of Rs 9.9 crore in the Q3.
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Anurag Mundra, Joint Managing Director and CFO, Ujaas Energy said the power plant is of 9 megawatt capacity and will be operational within 6 months.
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Speaking to CNBC-TV18, Anurag Mundra, Joint Managing Director and CFO, Ujaas Energy says that rooftop projects for supply of 40 Gigawatts energy can be achieved by strengthening distribution network over the 200 million Indian households.
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In an interview to CNBC-TV18, Anurag Mundra, joint managing director and chief executive officer, Ujaas Energy shares his views on the company‘s disappointing Q3 performance.
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An order on draft paper given to the Central Electricity Regulatory Commission (CERC) on lowering the floor price for these renewable energy certificates (RECs) is expected by November-end.
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In an interview to CNBC-TV18, Anurag Mundra, joint MD & CFO of Ujaas Energy, said the company has set up the 12 MW capacity as part of its tax planning. It has also been earning revenues from the plant.
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M&B Switchgears Ltd has been in the business of putting out solar power plants , and this has performed in the last financial year, says Vikalp Mundra, director, M&B Switchgears Ltd. The company's 12 MW solar plant will start generating power by July 15.
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Vikalp Mundra of M&B Switchgears expects the solar business to boost the company's bottom line and is bullish on its model named UJAAS. It targets around 40-50% growth in the top line in FY13.
