Q2 2024 Tata Power Company Ltd Earnings Call Transcript

Nov 08, 2023 / 12:30PM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Tata Power Q2 FY '24 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Dr. Praveer Sinha, MD and CEO of Tata Power. Thank you, and over to you.

Praveer Sinha - The Tata Power Company Limited - CEO, MD & Director

Thank you. Good evening to all of you, and thanks for joining the call. On behalf of Tata Power, I would like to extend my best wishes to you and your family for a very happy and safe Diwali in advance.

I'm joined today with my colleague, Sanjeev Churiwala, CFO; Mr. JV Patil, Financial Controller; Mr. Kasturi and Mr. Rajesh Lachhani from Investor Relations. And other members from my Corporate Finance and Corporate Communication team.

At the outset, let me talk a little bit about the power sector. We have seen that the power demand in the last quarter has gone up by nearly 13% compared to the previous year. And this -- the increase in demand has been seen right through in this financial

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