November 2020 - Online English News Website | Apex Herald

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Sunday, November 29, 2020

How a Rs 1100 device will help Delhi again in fighting Coronavirus

Sunday, November 29, 2020



As of November 23, more than 9.5 million people are confirmed to have Covid-19 disease caused by SARS-CoV-2. Delhi alone has seen an increase of nearly 42000 cases in just a week and more importantly around an average 75 deaths per day.

This sudden surge in the number of cases puts enormous stress on healthcare services. Governments across India are adopting new measures like home isolation. In this scenario, a small medical device called pulse oximeter will again come in handy and useful.

Pulse oximeter is a small electronic device that shows your heart rate and oxygen saturation level - the percentage of your red blood cells carrying oxygen. It helps determine how effectively oxygen is being transferred to different parts of the body.

In Delhi, health authorities have started noticing “happy hypoxemia” - low blood oxygen levels without any breathlessness - that is leading to complications in coronavirus patients isolated at home. Some doctors are concerned that patients may not always know how to use the device.

Doctors attending the coronavirus patient also says “It’s very important to train patients properly on how to use pulse oximeters,” adding that cheap, sub-standard oximeters flooding the market are also a problem.

Mr. Jagdeep Khattar MD HealthNJig said “The Oximeter which is completely made in India tool will definitely be a boon to our country which is facing the pandemic and especially for the asymptomatic patients of the Covid-19 who are recovering from their home.

The HealthNJig Oximeter will provide you accurate SpO2, pulse rate and bar graph results. It could help you to understand your body conditions .This oxygen monitor can accurately determine your SpO2 (blood oxygen saturation levels), heart rate and pulse strength in 8 seconds and display it conveniently on a large digital LCD display. The product is compact, light-weight fingertip clip and soft silicon pad adds Mr. Jagdeep Khattar.


HealthNJig one of the few trusted companies in the Medical Technology Space of Indian Origin has launched Infrared thermometers and Pulse Oximeter (OX-6520) CE which is used to monitor the amount of oxygen carried in the body.

About - https://www.healthnjig.com/

Price – Rs 1100 Inclusive Taxes 

Available At – All Online E Stores

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Wednesday, November 25, 2020

‘Influencer Con’ intends to create Global Entrepreneurs

Wednesday, November 25, 2020



Amidst the lockdown, a new property is sure to create waves with its most innovative way of making one an Independent business entrepreneur with ‘Influencer Con’. By pitching your ideas to Shark Tank at the upcoming Influencer Con one could have an opportunity to win five lakh rupees. 

It’s an interesting opportunity to Interact with some of the most impactful influencers of the country and also discuss one’s doubts and apprehensions Happening on 26th and 27th of Nov, the panel at Influencer Con which includes known names like Saloni Srivastava (YouTuber), Amit Agrawal (ex-Head YouTube India), Sucheta Pal (official Zumba ambassador in India) and Naga Subramanyam (Passion people podcast) will focus on topics varying from ‘how to fill the Tiktok void’ to ‘how to effectively manage and monetise your social media presence’. 

There will also be a number of workshops through Influencer Con that intend to focus on helping influencers launch their own business. Influencer Con will culminate with a Sharktank like event where influencers can eventually pitch their business ideas to win prize money to supercharge their endeavours. 

Says Madhavan Malolan Founder Creator OS the organisers of Influencer Con, “Influencers and Creators are the entrepreneurs of the coming decade. This is the future. We are here to help with all the tools and connections to super charge this community and help them build their business" 

And if that’s not enough to chew on, organisers of the event- Creator OS are taking it upon themselves to provide lunch to all participants who are pitching their ideas for the big five lakh prize at the same time no matter where in the country they may be. That may sound like a logistical nightmare but in these times especially a shared sense of community is crucial.

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Tuesday, November 17, 2020

Story on Aditya Roy Kapur

Tuesday, November 17, 2020

Birthday special: Aditya Roy Kapur announces his next big film titled 'Om - The Battle Within'

OR

Happy Birthday Aditya Roy Kapur: Here's what the actor's newly announced film is titled

As Bollywood's favourite boy Aditya Roy Kapur celebrates his birthday today, he has the best gift for millions of his fans out there. Currently riding high on the success of his latest release, 'Ludo', he will next be seen in a new film titled 'Om - The Battle Within'. The big announcement was made by filmmaker Ahmed Khan today revealing that the actor will be seen in an action avatar in this brand new film.

Helmed by Kapil Verma and co-produced by Ahmed Khan, Shaira Khan and Zee Studios. The film is already being touted as a big film for Aditya as he will return in the action avatar post his blockbuster film - 'Malang'. Given that Aditya is a versatile actor and has showcased his romantic, action and comic sides to the audiences, he is gearing up to set the screens on fire with his action moves yet again.

According to reports, the shooting schedule of 'Om - The Battle Within' will kick-start next month and the film will reportedly hit the screens next year.  

Meanwhile, Aditya Roy Kapur's performance and comic timing in his recent release 'Ludo' has earned him immense critical acclaim from both, the critics and the audiences. Year 2020 has been great for the birthday star as he not just delivered his career's biggest hit 'Malang' this year but also completed 11 years in the industry.
We wish him a very happy birthday and all luck for the projects lined up.
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Equitas Small Finance Bank announces Indian Cricketer Smriti Mandhana as New Brand Ambassador

Tuesday, November 17, 2020


Mumbai, Equitas Small Finance Bank appointed Smriti Mandhana - Indian Woman cricketer as the new Brand Ambassador. Equitas Small Finance Bank has a past filled with moments of empowering people especially women from all sections of society through products and provisions that help them become informed, involved and independent with their financial decisions.

Mr. Murali Vaidyanathan, President & Country Head - Branch Banking, Liabilities, Product & Wealth, Equitas Small Finance Bank Limited said "We are happy to associate with Smriti Mandhana as our Brand Ambassador for our upcoming initiatives and developments. We see Smriti as an embodiment of aspirations for Indian women across all ages and walks of life. 


As a brand, we see her as the face of success, growth and prosperity with a proven track record of reigning career in cricket. This collaborative effort is a result of shared vision we have noticed between Brand personality Smriti Mandhana and the Brand Equitas in promoting women welfare & empowerment".Ms. Smriti Mandhana said, "I am really glad to be an instrumental part of Equitas Small Finance Bank's motive of promoting financial empowerment to all sections of society. 


It is a great privilege to be associated with the brand's positioning as a socially responsible bank."Equitas is set to come up with a mix of campaigns portraying the strength, capability and aspirations of women belonging to this day and age with Smriti Mandhana as a mark of reinforcement. "Their special efforts in encouraging women to save & become self-reliant is something that intrigued my deep interest. 

Looking forward to create a ripple effect with Equitas in stressing the importance of Growth & Prosperity" Smriti added.With Smriti Mandhana as a Brand Ambassador, Brand Equitas is set to bring women together through powerful conversations around shared experiences of struggle & success resulting in growth and prosperity. Smriti Mandhana will begin appearing on behalf of Equitas Small Finance Bank across all media platforms shortly.

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Sunday, November 15, 2020

Polartec unveils 2020 Apex Design Awards winners

Sunday, November 15, 2020




 Polartec, the premium provider of innovative and sustainable textile solutions, has unveiled the winners of 2020 Polartec Apex Design Awards. It is the annual design award programme held by the company, celebrating the finest products made from Polartec fabric technologies. The winning products were selected based on skilled and creative uses of Polartec.


66 North Sudureyri NeoShell coat is one of the winners. It is cut from soft, stretchy, durable Polartec NeoShell, the most breathable waterproof fabric technology. The fabric was chosen because it provides full waterproof protection with outstanding breathability that prevents moisture build-up inside. The coat comes with two front pockets and a two-coloured belt which can be used to cinch the waist or worn loose, according to Polartec.

Burton women’s Baker Hi-Loft pants, made from a hybrid construction of ultra-soft and compressible Polartec High Loft fleece, is the second winner. It is stretchy, sweat-wicking, contouring Polartec Power Stretch Pro fabric and this undergarment is designed for the coldest days. High Loft is ultra-soft and full of stretch while keeping a low profile for a seriously warm, comfy fit during cold, stormy riding.

The third winner is the Griffin Reversible Bomber jacket, made from soft, warm Polartec Thermal Pro fleece with a sherpa aesthetic. This reversible bomber jacket features mesh front pockets and Woolrich Buffalo Check wool. The particular Thermal Pro fleece was selected for its richness in texture, warmth without weight, and reversibility.

The next winner is the Gulch Inceptor Insulated vest, made from highly breathable, fast-drying and compressible Polartec Alpha Direct active insulation. The the Inceptor is a hunting vest designed to provide optimal thermoregulation, eliminating the need to shed or add layers during start-stop activity.

Indygena Pecora, made of Polartec Shearling fleece for its warmth and breathable comfort, providing efficiency and versatility in cold conditions, is another winner which is a pullover designed to be worn in any circumstances. The Karpos Miage jacket is also a winner. It is primarily made with 90g Polartec Alpha Direct active insulation, which Karpos has printed on, and Power Stretch Hardface fleece on the under arms, side panels and hem for improved fit, and the Miage is designed to incorporate the best technology, research, fabrics, fit, and performance for ski mountaineering.

The next winner is the K-Way Cloto skirt / Atropo pant / Claude jacket / Andersen pant / Hans crew neck, made of Polartec Thermal Pro fleece to transform classic garments with a technologically advanced, high performance fabric. The new K-Way R&D collection is technology meets haute couture in a limited edition of unique pieces, handcrafted in Italy.

PrAna men’s Tri Thermal Threads overshirt, made of Polartec Thermal Pro is the next winner. This overshirt uses the advanced fleece technology to deliver a healthy dose of warmth, without the weight. On the outside of the fabric, densely knitted yarn creates a classic heather sweater look, while inside a soft velour finish adds extra coziness.

Santini Official UCI rainbow casual jacket is also a winner. As the official producer of UCI race-wear and merchandise, Santini chose to use next-generation Polartec Power Air fabric to create a premium fleece product that was both performance oriented and ecologically friendly. Power Air provides extraordinary warmth and comfort with recycled yarn which is knit in an award-winning construction that dramatically reduces the shedding of microfibers.

Snow Peak Flexible Insulated cardigan / pullover / shirt / pants, made with Polartec Alpha insulation for lightweight, breathable warmth also won the award. These are the most iconic Snow Peak apparel items. Taking advantage of the flexibility of Alpha, these minimal designs are designed for maximum comfort.

The next winner is the Supreme Polartec overalls. Supreme chose Polartec 200 Series fleece for its functionality, employing it in a classic overall silhouette. Resilient, lightweight and warm, Polartec classic fleece is the original technical fleece, trusted for nearly 40 years.
Xenith Under the Lights Polartec Delta short sleeve, made with

Polartec Delta cooling fabric, also won the award. It uses a unique composition and texture to disperse perspiration, reduce cling and increase airflow for evaporative cooling, this is an ultimate top for gruelling workouts where sweat is inevitable and there is no room for distractions.


Source - Fibre2Fashion
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Parul Yadav looking ravishing in a Royal blue and emerald green saree by Sobariko

Sunday, November 15, 2020



Multi talented actor producer Parul Yadav Celebrated Diwali with her usual flair and panache this year as well. Parul looked stunning & Dazzling in a Royal blue and emerald green saree by Sobariko, She spent the day decorating the home and performing pujas.

Wearing  - @sobariko

Styled by-@Pavithrareddyfd

Jewellery -@rentingstoli

Belt-@louis Vuitton

Potli -@good earth

Footwear-@karl lagerfeld

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Saturday, November 14, 2020

Tulsi Kumar's special gesture for kids this Diwali!

Saturday, November 14, 2020




In 2020, Tulsi Kumar conquered the independent music space after making an impact in the playback arena. During the lockdown itself, the talented artist released multiple singles including 'Tanhaai', 'Naam' and ‘Zahra Thehro' and 'Tere Naal' - all of which garnered a lot of success and topped music charts.

Feeling an immense amount of gratitude for her fans and well wishers, Tulsi Kumar decided to bring in this Diwali season, by giving back to society and those less fortunate.

The popular singer visited an NGO that looked after orphans and in the true spirit of Diwali, celebrated the occasion with them with food, dance and music - all to bring a smile on their innocent faces.

When contacted revealed Tulsi Kumar, "For me, Diwali is a festival of giving, spreading light, smiles and happiness to those around. The year has been filled with many challenges, negative happenings and circumstances. So the best gift we could give anyone this Diwali is spreading smiles, happiness and positivity." Adding that, "When I met the kids of this NGO, I sang with them, danced with them, distributed Diwali decorations and sweets and we celebrated the festival together. It was such a great experience and the look on their faces filled me with so much joy. It also gave me the opportunity to discover their many talents. I encourage people in their small way to bring smiles and make this Diwali lit up in every way possible."
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Thursday, November 12, 2020

IIIT- Naya Raipur organises Campus Round of International Competition Hult Prize 2021

Thursday, November 12, 2020

 


Raipur, On Campus round of the international competition “Hult Prize 2021”, as organised at International Institute of Information Technology (IIIT) Naya Raipur, on November 7.

The prize is a participation between Hult International Business School and the United Nations Foundation,in which former US President, Bill Clinton selects the challenge topic and announces the winner each September. HULT PRIZE is an international competition which encourages young generations to step-up and take responsibility and generate new ideas and win prize money of US$ 1,000,000 for global start-up.


Teams from all around the world,compete with their innovative ideas and start-ups against each other in various rounds, to win the prize money. The Hult Prize is referred as the “ Nobel Prize for Students” by Nobel-laureate Muhammad Yunus. This edition’s challenge is “Food for Good: Transforming Food into a Vehicle of Change”. In this Inaugural address, Dr Pradeep Kumar Sinha, Vice Chancellor & Director, IIIT-NR said that IIIT-NR in these evolving times is motivating its students to solve today's society problems with innovative solutions for which IIIT-NR is committed.


Team Alpha emerged as the winners of the competition, followed by Team Innovation Geeks which grabbed the runner-up position.Team Alpha addressed the problem of food that is wasted because of irregular shapes and sizes, and proposed a feasible solution to tackle the issues in a systematic manner.The members of Team Alpha are Anmol Sharma, Gourav Chowdhary, Vidhi Sharma and Navya Agrawal.


Team Innovation Geeks addressed the problem of small scale food producers and proposed a ground braking system that incorporates beautifully crafted software solutions. The Members of the team are Chirag Samal,Prince Yadav and Kunal Mishra.


The Competition was judged by Pratekk Agarwaal, Angel Investor & Start-up Advisor and Ex-Chief Business Officer- BharatPe, Mohit Kapoor, Vice President, Marketing, at Jio and Mentor at JioGenNext and Gaurav Gandhi Member of Corporate Co-Innovation team TCS.The winning team will now go into regional rounds, where they compete against teams all around the globe. The competition was organised by Abhay Bagh, Campus Director of Hult Prize at IIIT -NR.    

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Excuse me Maadam - Rajesh Kumars' special Diwali Plans with Family

Thursday, November 12, 2020


Star Bharat tongue and cheek comedy show Excuse Me Maadam has been entertaining the viewers ever since its launch. The elaborate star-cast has been taking the audience for a roller coaster ride of laughter. With the festive season around the corner the main lead of the show the talented Rajesh Kumar has made special Diwali plans with his family. The artist is said to have made special plans with his family and will be travelling to Alibaug this Diwali.

When spoken to the artist he said, “It has been a while since I have taken a break from shoots and I feel really great to have got a break during Diwali. I am planning a short trip to Alibaug with my family to spend some quality time with them away from the lockdown. It will be a simple celebration as my kids are grown up now and believe in a pollution free Diwali. I can’t wait for this vacation and look forward to the festivities. Wishing everyone a very Happy Diwali – Stay Festive – Stay Safe”

Tune in to Excuse Me Maadam every Monday to Friday at 8:30pm to watch Rajesh Kumar only on Star Bharat

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Q2 FY21 results: Apollo Hospitals net down by 64 per cent to Rs 325 Mn

Thursday, November 12, 2020


Hyderabad, Apollo Hospitals Enterprise Ltd (AHEL) on Wednesday reported a 64 per cent degrowth in standalone net profit for the second quarter on September 30,2020, at Rs 325 Mn.

The company posted a net profit of Rs 906 million for the same period last year (Q2FY20). The standalone revenue from the operations of the hospital also degrowth by 2 per cent to Rs 24,144 million for the September quarter as against Rs 24,635 million recorded for the same period in previous year.

Pharmacy business grew by 15 per cent to Rs. 13,519 million as against Rs. 11,727 million in Q2FY20.

Standalone revenues of the Healthcare services division decreased by 18 per cent to Rs 10,626 million during the quarter against Rs 12,909 million in Q2FY20. Revenue from the existing hospitals also degrowth by 25 per cent while the new hospitals which grew by 5 per cent, AHEL said in a release here.

As on September 30, 2020, Apollo Hospitals had 7,364 operating beds across the network (excluding AHLL & managed beds), out of which 14 were new with 2,100 operating beds.
Dr. Prathap C Reddy, Chairman, Apollo Hospitals Group said, "The second quarter of FY21 marked 37 years of our journey of healing and making world-class healthcare accessible and affordable to patients in India. This has been a challenging year as we brought all the resources of the group to support the nation in the fight against COVID-19.

At the same time, we renewed our resolve to drive back the tsunami of Non-communicable diseases that threatens the health of the nation. Our commitment to clinical excellence and quality has enabled us to take the lead in healthcare delivery in India, and we continue to be pioneers as is evident in our industry-first initiative of preparing to vaccinate over 1 million Indians every day once a vaccine is approved, he said.

Dr Reddy said “ I am very happy that our Board has approved the proposal for us to acquire the balance 50 per cent stake in Apollo Gleneagles Hospital Ltd, Kolkata, from our partners IHH, with whom we had a good working relationship for two decades. We will ensure that the hospital continues to set the bar for clinical excellence and patient service in Kolkata as well as the Eastern Region."

Our Board of Directors have today approved an equity raise of up to Rs. 1500 Crores for our company, the Chairman said this approval is an outcome of the strong financial performance of the company over the last several quarters, and an acknowledgement of the growth opportunities that lie ahead.

While we are still firming up our plans on the fund raise itself, we reiterate our strong commitment to several concurrent objectives – cementing our position as undisputed healthcare leader in India, leveraging exciting opportunities in under-served markets, maintaining a healthy Balance Sheet and debt position, and above all, providing best-in-class returns for our shareholders, he added.
UNI KNR GK 2339

Source - UNI
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Wednesday, November 11, 2020

PR24x7 launches #DIDIKAAMWALI campaign on the occasion of Diwali

Wednesday, November 11, 2020



The corona virus epidemic has given all of us a new outlook on life. It has always been a challenge for us to understand and play the real role of right to equality while living in an environment that supports inequalities. Keeping this in mind, PR24x7 one of the leading PR agencies in the country has dedicated this Diwali to the house-help or maids as DIDI’s who took full care of you and your loved ones during the entire pandemic. The company today launched a #DIDIKAAMWALI campaign, urging people from across the country to dedicate to Diwali, to their house-help or maids.


Talking about the #DIDIKAAMWALI campaign, Mr. Atul Malikram, Founder, PR 24X7 said, "The basic objective of this campaign is to honor the Didis or Bais who took care of our families selflessly during the pandemic, Diwali is a festival of celebration and in between the society that is struggling with insecurities we pledge to celebrate our festivities with them and urge others to also to do the same, just as doctors, scavengers and police these maid’s, Bai’s or house-helps have helped us equally to stay safe from Corona and contributed with their share by playing the role of Corona Warrior, taking special care of our food, cleanliness and providing special protection during the COVID-19 duration. With the #DIDIKAAMWALI campaign we also want to make people aware of the indecency they face, so that any kind of exploitation happening to them can be put on full stop."


With the #DIDIKAAMWALI campaign starting on November 4, you can also take part in the #SelfiewithDidi Competition by taking a selfie with your house-help; bai’s and also get a chance to win some attractive gifts by participating in the competition. You can share a selfie celebrating the joy and festivities of Diwali with your house-help who took care of your family, aside from her needs during the COVID-19 pandemic. The company has run many such campaigns, which have done some social and good work for enhancing the society and giving a new direction to the immature views and myths of our society. 

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Monday, November 9, 2020

Adani Transmission Limited Consolidated Results for H1 FY21 and Q2 FY21

Monday, November 09, 2020


 ATL reports cash profit of Rs. 1,591 Cr, up 51% yoy in H1 and      Rs. 676 Cr, up 30% yoy in Q2

PBT of Rs. 778 Cr, up 33% yoy in H1 and Rs. 296 Cr, up12% yoy in Q2

 Operational Highlights H1 FY21:

Transmission

  • Robust Transmission system availability at 99.9% even during pandemic times

Distribution

  • Maintained supply reliability at 99.99% (ASAI) during a difficult period of Covid
  • Customer adoption of digital avenues to interface with the company increases manifold reaching 73.3% (e-payments as a % of total collection) in H1 FY21 from 47.2% in H1 FY20

Financial Highlights H1 FY21:

  • Cash Profit of Rs. 1,591 Cr, up 51% yoy
  • PAT at Rs. 570 Cr, up 28% yoy
  • PBT at Rs. 778 Cr, up 33%; the positive impact of Rs. 330 Cr. from APTEL order in favour of MEGPTCL SPV in Transmission business received in Q1FY21
  • EPS at Rs. 4.3 vs. 2.2 in H1 FY20; up 94.2% yoy
  • Transmission Operational EBITDA at Rs. 1,267 Cr with a margin of 92% compared to Rs. 1,238 Cr in H1FY20
  • Distribution Operational EBITDA at Rs. 804 Cr with a margin of 28%
  • Consolidated Operational EBITDA(1) at Rs. 2,071 Cr vs. Rs. 2,120 Cr in H1FY20
  • Consolidated Operational Revenue(1) at Rs. 4,272 Cr vs. Rs. 5,446 Cr in H1FY20
  • With the announcement of favourable regulatory order in respect of MEGPTCL, ATL Conso will have annual recurring EBITDA benefit of ~Rs.60 Cr.

  Ahmedabad, Adani Transmission Ltd. (“ATL”), a part of the Adani Group, today announced the financial results for the quarter.

 Operational Highlights:

ParticularsH1 FY21H1 FY20Q2 FY21Q2 FY20
Transmission
Average Availability (%)99.88%99.80%99.90%99.78%
Distribution
Supply reliability (%)99.995%99.991%99.997%99.996%
Distribution loss (%)(2)8.51%7.97%3.16%8.16%
Units sold (MU’s) (2)3,4694,5581,7412,136

 Strong Transmission system availability at 99.9%

  • Distribution ensured more than 99.99% supply reliability despite challenges on the ground
  • Distribution losses were at 8.51% in H1 FY21improved significantly from 13.47% in Q1 FY21 on account of billing basis actual meter reading
  • Collection efficiency at AEML is back to normal levels and stood at 103.5% in Q2 FY21

 Financial highlights – Transmission and Distribution:

Particulars (Rs. crore)H1FY21H1FY20Q2FY21Q2FY20
Transmission
Operational Revenue(1)1,3681,343688674
Operational EBITDA(1)1,2671,238637623
Margin (%)92.4%92.2%92.4%92.3%
Distribution
Revenue2,9044,1031,4671,914
Operational EBITDA804882363385
Margin (%)27.7%21.5%24.8%20.1%
  • Transmission business operational revenue in H1 FY21 was Rs. 1,368 Cr with stable operational EBITDA of Rs. 1,267Cr translating into the strong margin of 92.4%
  • Distribution segment’s H1 FY21 operational revenue down 29.2% YoY due to lower power demand and shortfall in collections in the first quarter of the year; Q2 saw considerable improvement in demand and recorded collection efficiency of 103.5%
  • Distribution operational EBITDA at Rs. 804 Cr in H1 FY21 saw 619 bps margin expansion at 27.7% due to stable EBITDA.

Financial Highlights – Consolidated:

Particulars (Rs. crore)H1FY21H1FY20Q2FY21Q2FY20
Operational Revenue(1)4,2725,4462,1562,588
Operational EBITDA(1)2,0712,12010011,008
Margin (%)48.5%38.9%46.4%38.9%
PBT778585296264
PAT570444214230
EPS (Rs.)4.282.201.371.17
  • Consolidated operational revenue was lower at Rs. 4,272 Crin H1 FY21 mainly due to lower revenue contribution from Distribution business in the first quarter led by the lower power consumption in Commercial and Industrial segment and a shortfall in collections.Q2 saw considerable improvement in both demand and collections.
  • Consolidated operational EBITDA at Rs. 2,071 Cr in H1 FY21 posted a solid EBITDA margin of 48.5%, an expansion of 956 bps in the margin on account of stable EBITDA.
  • Net debt to EBITDA as of H1 FY21 remains unchanged at 4.3x vs. FY20.

 Other Key Highlights:

  • ATL making steady progress on the closure of Alipurduar transmission acquisition announced in Q1FY21
  • Customer adoption of digital avenues to interface with the company increases manifold reaching 73.3% (e-payments as a % of total collection) in H1 FY21 from 47.2% in H1 FY20
  • Adani Transmission to complete 1,000 MW line in Mumbai by Dec 2022under its SPV KhargharVikhroli Transmission Limited (KVTL)with a resolution on land allocation

Notes:

1)H1 FY21 Operational Revenue and Operational EBITDA doesn’t include the one-time positive impact of Rs. 330 Cr. from APTEL order in favour of MEGPTCL SPV of Transmission business

2) Distribution loss and units sold differs slightly from our provisional operational release released on 19th October 2020

3) Cash profit calculated asPAT + Depreciation + Deferred Tax + MTM option loss

4) ASAI: Average Service Availability Index; APTEL: Appellate Tribunal for Electricity

Speaking on the performance of the company, Mr. Gautam Adani, Chairman, Adani Group, said, “There is abundant potential for increased growth in India’s transmission sector in the coming years. We are spearheading our energies and efforts towards providing reliable power supply across the nation. With the government’s core objective of 24×7 Power for all, considering anticipated growth and demand for power in major parts of the country, Adani Transmission Ltd is committed to delivering continuous growth and is helping in strengthening the transmission network across the nation. We are well-positioned to fulfil India’s electricity needs and look forward to delivering long-term sustainable value through our efficient management of electricity networks. Our increasingly sustainable practices will help ensure ESG driven goals, one that will benefit not only key stakeholders but the entire nation”

Mr. Anil Sardana, MD & CEO, Adani Transmission Ltd, said, “Adani Transmission has evolved over the past few years. ATL is constantly benchmarking to be the best-in-class and is pursuing a focused approach to be world-class integrated utility through development agenda coupled with de-risking of strategic and operational aspects, capital conservation, ensuring high credit quality and forging strategic partnerships for business excellence and high governance standards. ATL is maintaining 24×7 quality power supply despite challenges posed by health and pandemic issues. The journey towards robust ESG framework and practicing culture of safety is integral to its pursuit for enhanced long-term value creation for all stakeholders”

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