IGI Logo

Quarterly Operational Highlights March 2024

• AWHCL achieved strong operational performance, resulting in ~17% YoY upsurge in primary core revenues.
• Strengthened Core Revenue up by ~17% YoY
• Remarkable Plant Efficiency WtE Plant Load Factor (PLF) ~71%
• Milestone Moment sale of Refuse Derived Fuel RDF ~42,000 tonnes
• Total Core Operating Revenue, which includes tipping revenue from C&T & Waste Processing, and revenue from the sale of power, the Company witnessed a remarkable improvement of ~14% in Q4 FY24 compared to the previous year.
• Beginning to see contributions from our new C&T project at Panvel and from the first full quarter of the sale of power from our WtE project.
• For FY24, the core operating revenue has risen by ~17%. 2. Moreover, our momentum remains robust as we announce another groundbreaking achievement with the sale of Refuse Derived Fuel (RDF), reaching ~42,000 tonnes during the quarter, a significant surge from around 19,200 tonnes in the corresponding period last year.
• Throughout FY24, the Company successfully shipped ~146,500 tonnes of RDF, reinforcing circularity principles and aiding cement companies in fulfilling their Alternate Fuel Requirement objectives. 3.
• Compost sales for the quarter amounted to ~1,700 tonnes vs. ~1,100 tonnes sold in the year-ago period.

Above views are of the author and not of the website kindly read disclaimer