Higher Plant Load Factor Takes ReNew’s Profit Up 28% YoY in Q2 FY24

The company’s weighted average PLF for wind assets was 41.3%, and solar was 23.1%

November 20, 2023

/ Arjun Joshi
/ Other, Renewable Energy
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Independent renewable power producer ReNew recorded a net revenue of ₹28.6 billion (~$345 million) for the second quarter (Q2) of the financial year (FY) 2023-24, a year-over-year (YoY) increase of 27.8% compared to ₹22.4 billion (~$270 million).

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Arjun Joshi

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