CEO of Nvidia Jensen Huang asserts that nations need to develop autonomous AI infrastructure.

economictimes.indiatimes.com India 13-02-2024 Share

"Well, the other factors pertaining to depreciation and Ind AS 115 are the main causes of these losses. Thus, according to Dr. Praveer Sinha, CEO & MD of Tata Power, Mundra has made operating profit and profit in terms of EBITDA.

Indeed, in my opinion. I believe that because of the way demand has been increasing, there has been a significant rise, and in order to fulfill that demand, there will likely be significant capacity addition in the coming years.

Well, the other factors pertaining to depreciation and Ind AS 115 are the main causes of these losses. Mundra has therefore generated operating profit and profit in terms of EBITDA. However, as a result of these depreciation-related factors as well as the Ind AS requirement, you have observed losses, albeit minimal ones.

Our coal mines have been operating at maximum capacity and have been doing quite well. Naturally, the cost of 6500 kcal of coal has now settled down, coming in at about $120. And given the strong demand-supply match that has been observed, we anticipate that there won't be much of a raise in this sector in the upcoming quarter. And we anticipate that the coal mine profits we have experienced over the past year will essentially stabilize going forward.



 

Comments

You Need To Log In To Comment

Log In Now

Kamdhenu Commerz , 401 , 4TH FLOOR,

Sector 14, Kharghar, Navi Mumbai,

Maharashtra 410210

Company