ote, nn, 20 Satu n powers ; =m ase ‘to aaron ion : Ser Br ‘mores : see an Hae oe tbe ps ® on ox 1 ewecants Pt aa 37 th oo s siker nas (i Ser ori te = aos maar anesthe a uno ‘pte ne a0 fh eres “2 usike (i Comandante b Sone {Snes tran sbve 2 eas {9 tows 3 ne (5 Obras ® sn Ginetta > a Toutes ase aur avons Suv ayaa » wo ats Sherer ma ease ms “leant abet wnat Canpey taiar ee oncoming eet ne Sa om lara amt a6 1) Boromegs 2 sea0e 539520 ( Wedpytes B [se etending er ofits sal (9 Grhertoacarnees a sam sa3 iv) Lease Lables 68 mi a 003, ocinata a co : 2 ue so bo oe Fn a mene (sy) essa Fo 203 Co Teta cret abies Tar 0 ‘otal euty a hes aaa ‘naam omg Fort.on eal of tl PorUied wi ee mm a a Tone ose es fut — Newocm {ampan Setar eo Dae 05.022 Minors Pan :aaowossaaaConsolidated statement of profit anos forth Yee onda March 3, 2022 eras nove eed ses Mae 31,2022 _tareh 32,3081 Revere rom operations » 5.29838, Total income as ar Cos of materi consumed » 2am Parca of 0 node » 17288 Changes in invert of fries gots, tock In-tase a work-in-progrese a sus 36 Ernolyee beef ererss 2 ass mm Deprecition and smoriatin expenses % sn aio, Other eeres = Tota eens Fro os} before exeptonl tems, an-controling tte antec seas Prot (os) before tax wa Toversense x Deer tn crea (et) 3.1 Total Tax Expenses Prof (Lo) forthe yar 1093.62 (oxass) (ther emprehensive income (Lose) ems that wil not be elie to pot oss ” 006 (ox) Less income tov ralathgto tems that will not be recrafed to oroft 37 oy aoe ther comprehensive income Ys forthe yea (tft) os 0055 ‘otal comprehensive Income/tot) othe yee 193.67 Total Prof forthe period totale to Owners ofthe Company 383 (o1230) Noneototing intrest, os ) (ther comprehensive incomes forte yea atrbutabl to “owners af the Company 00s (009) Total comprehense incomes fr the year atubutabl te: Owners fhe Company aoae (02230) Non cntoling interest 05) fas) Earnings pr equity share 38 EaultyShces of pr valu A, 20/-each wae 748 (76) Diutes 755 (675) ‘Aspe ourreor of even date attached wach HAG Sin best rep cass saw ( GQ Ayes Date 26.05.2002 no: #7559 ax: axoPpen38a,otto oe except tans ranconvoig iterate casas 930) Aavamens torch pa sere test nt agro by pean ates lena on fore eangs Raceston (000) tos Ganon dott pop ost enoment (075) ‘nonsavotinesnets (ox ferent of enets em Snares nto or oul abe ‘raat Prony eng eure wen ck ‘Opertng pata working atl anes Wertingcantaeducinerts Desa / cena Intde reser sar (eres casein ene ter ran ats ness seu) Inase (eres) race pyle (ah Gerad tom Operations rs Income Rind 16703 Imveing ston rcs pope, at &equpents (WE cre capstan) ossan bane Gen recor) a Seats ot na et esh ws tom/used nesting sce a emertol torowings, ans (Gorges het browigs oe) net coh Rowe een tac aces et meet crest a cath ad ca eles nasa sont = “ve ath flow satemat hs Ben sapere dct ed 2 ut nda Aoi Stand AS) 7 Fee NE pT TF ‘The accompunying note frm an tga partf hae contlisted fac statement Daves tees. 202| Minastss8 PAN anorDexaSt fSp (was vena eo TT Janta a0 8 iJindal Power Limited Notes tothe Consolidated Financial statements forthe year ended March 31,2022 1. Corporate information The consolidated financial statements comprise financial statements of Jindal Power Limited (the “Company” or "IPL") and its subsiiares (Collectively, the Group) forthe year ended March 31, 2022. The Company isan unlisted closely held public limited Company, the Company i a subsidiary of linda Stee! & Power Limited a public sted Company. The Company is incorporated and domes in india and has its registered office at Tamnar 496207, Raigarh, Chhattisgarh, Ind, The Group is primarily engaged inthe business of generation & transmission of power and related {eee nate 45) information In the group structure These Financial Statements are prepared in Indian Rupees (2) and approved bythe Board in there meeting held on 26.05.2022 Significant accounting polices 2. Basis of consolidation ‘The Consolidated Financial staterents (CFS) have been prepared on accrual and going conceen basis, The financial Statements ofthe aroup have been prepared in accordance with Indian Accounting Standards (Ind AS} notified under the Companies (Indian ‘Accounting Standards) Rules, 2015 (as amended from time to time) and presentation requirements of Division I of Schedule Il to the Companies Act, 2013, (Ind AS compliant Schedule Il) as applicable tothe CS, ‘Accounting paliies have been consistently applied except where a newly issued accounting standard isintaly adopted ora revision ton enstng accounting standard requires a change inthe accounting policy hitherto in use. ‘The financial statements are presented in Indian rupees (8) and all values are rounded to the nearest crores and two decimals ‘thereof, exceot otherwise stated. ‘These consolidated financial statements have been prepared on historical cost basis except for certain financial instruments, property Plant & Equipments on transition to Ind AS (refer Note 6) and defined benefit plans which are measured at far value oF amortised cost atthe end of each reporting period. Mistorcal cost is generally based on the fair valu ofthe consideration given in ‘exchange fer goods and services, Fair value Is the price that would be recelved to sell an asset of paid to transfer a liability in an ‘orderly transaction between market participants at the measurement date. All assets and lables have been classed as current and non-currentas par the Groue's normal operat between deployment of resources and the realisation in cash and cash equivalents ofthe consideration for such services rendered, the Group has considered an operating cyle of 12 months i cycle, Based on the nature of services rendered to customers and time elapsed incipls of consolidation Subsidiaries Subsidiaries ae all entities (including structured entities) over which the group has contol. The group controls an entity when the fr0up is exposes to, or has rights to, variable returns fom its Involvement withthe entity and has the ability to affect those returns through its power to direct the relevant actities ofthe entity, Subsidiaries ae fully consolidated from the date on which controls transferred tothe group. They are deconsolidated from the date that control ceases ‘The group combines the financal statements of the patent and its subsidares line by line adding together lke items of assets, lables, equity, cash flow, Income and expenses. Intercompany transactions, balances and unrealised gains on transactions between group companies are eliminated. Unrealsed loses are also eliminated unless the transaction provides evidence of an Impairment of the transferred asset. Accounting policies of subsidiaries have been changed where necessary to ensure consistency with the policies adopted by the group, Non-controling interests in the results and equity of subsidares are shown separately In the consolidated statement of prof and loss, consolidated statement of changes inequity and balance sheet respectively. Changes in ownership interest ‘The group treats transactions with non-contoling interests that do not result in alos of contol as transactions with equity owners ofthe group. A change in ownership interest results in an adjustment between the carrying amounts of the controlling and non= controlling interests to reflect thelr relative interests inthe subsidiary. Any difference between the amount ofthe adjustment to nan- controling interests and any consideration paid or received is recognised within equityJindal Power Limited Notesto nts forthe year ended Mareh 31,2022 \When the group ceases to consolidate or equity account for an investment because ofa loss of contol joint contol or significant influence, any cetaned interest in the entity is remeasured to its fai value with the change in cerying amount recognised in profit or loss. Tis fair value becomes the inital carrying amount for the purposes of subsequently accounting forthe retained interest as an associate joint venture or financial asst. In addition, any amounts previously recognised in other comprehensive income in respect ‘ofthat entity are accounted for asi the group had directy disposed ofthe related assets or liabilities. This may mean thet amounts previously recognised in ther comprehensive income are reclassified to profit or loss. ‘Business combinations ‘The acquisitions of businesses are accounted for using the acquisition method. The cost of the acquisition is measured at the aggregate ofthe far values atthe date of exchange of asets given lables incurred or assumed and equity instruments izued by the Group in exchange for contol ofthe acquree. The acquire’s identifiable assets, liabilities and contingent lables that meet the condition for recognition are recognised at their fir values at the acquisition date except certain assets and lablitles required to bbe measured as per the applicable standard, Good arising on acquisition is recognised as an asset and fitialy measured at cost, being the excess of the cost of the business combination aver the Group's interest inthe net fair value of the Identinable assets acquired, liabilities recognised and contingent liablites assumed. Inthe case of bargain purchase, resukant gain is recognized in other comprehensive income onthe acquisition date and accumulated to capital reserve i the Loa ‘The Interest of non-controling shareholders inthe acquire i initially measured atthe non-controling shareholders proportionate share ofthe acquiree'sidentifiable net assets 3. Use of estimates ‘The preparation of the consolidated financial statements in conformity with Indian Accounting Standards (Ind AS) requires management to make Judgments, estimates and assumptions that affect the reported amounts of revenues, expenses, assets and lables, and tne accompanying disclosures atthe date ofthe financial statements. Accounting estimates could change from period to period, Actual results could difer from those estimates The estimates and undertying assumptions are reviewed on an ongoing basis. Changes in estimates are reflected In the consolidated financial statement in the peri In which changes are made and, if -materal, ther effects ae csclosed inthe notes to the consolidated financial statements, 4, Critical accounting estimates and judgments 2. Property, plant and equipment Property, plant and equipment representa significant proportion ofthe asset base of the group. The useful Ives and residual values cof property, plant and equipment are determined by the management based on technical assessment by internal team and external advisor. The charge in espect of periodic deprecation is derived after determining an estimate of an assets expected useful life and the expected residual value atthe end of ts fe. The Company blioves thatthe useful fe best represents the period over which the Company expects to use these assets. Contingent liabilities Management Judgment is required for estimating the possible outflow of resources, if any, in respect of contingencies/laiy/tgations against the Company ait snot possible to predict the outcome of pending matters with accuracy. Income Taxes Management judgment is required for the calelation of provision for income taxes and deferred tax assets and liabilities. The Company reviews at each balance sheet date the catrying amount of defered tox assets. The factors used in estimates may difer ‘rom actual outcome which could lead to significant adjustment to the amounts reported Inthe standalone financial statements,Jindal Power Limited [Notes to the Consolidated Financial statements forthe year ended March 31,2022 4. Mining restoration expenses ‘The company has recognised a provision for mining restoration expenses associated with the right of exploration and evaluation of coal, In determining the fair value ofthe provision, assumptions and estimates are made in relation to discount rates, the expected cost to restore the mining asets and the expected timing of those costs. The carrying amount ofthe provson as at 31 March 2022 was 76.15 Crores (31 March 2021: Ni. The Company estimates thatthe costs would be incured over 10 years and calculates the provision using the DCF method based on the following assumptions: > Estimated range of cost per Hectare ~ 0.11 Crore > Discount rate 6.77% Ifthe estimated pre-tax discount rate used in the calculation had been 1% higher than management’ estimate, the carrying amount ofthe provision wauld have been € 3.69 Crore lower. 5 Significant accounting policies 1) Property, plant and equipment (On transition to Ind -AS, in group Parent company has adoy property, plant and equipment at fair value a the date of transition Le. a 1" Api, 2015 and use that fir value as its deemed cost at fon the transition date, refer Note No.6. Subsequently property, plant and equipment are carried at cost less accumulated deprecation and accumulated impairment losses, f any. Cast includes expenciture that is directly attributable tothe acquisition of the items, optional exception under ind AS-101 and opted to measure its Gains 0 losses arising from discard/sale of an item of property, plant and equipment are measured es the difference between the net disposal proceeds and the carrying amount of the asset and are recognized inthe statement of profit an loss when the asset dliscarded/sol, ‘The group has opted for optional exception under Ind AS 101 to capitalize the exchange differences arising on translation/settlement ‘of long-term foreign currency monetary items outstanding on the transition date, Le. 1 April, 2015 as referred in policy fr foreign ‘exchange transactions The residual values, useful lives and methods of deprecation of property, plant and equipment are reviewed at each financial year lend and adjusted prospectively In case of Transportation business, the company depreciates Property Plant & Equipment overestimated useful ves using straight - ling method. The estimates useful lives of ascets are a follows: Heavy Motor Vehicles: 8 Years Internally manufactured property, plant & equipment are capitalized at factory cos including excise duty whateveris applicable, + capital workin-progress : Expenditure related to and incurred on implementation of new/expansion-cum-modetnisation projets is included under capital work-in-progress and the same Is allocated to the respective asset on completion of its construction/erecton + Depreciation: Depreciation on property, plant and equipment i proved on Written down method (WOV) as per the useful Ife specified in Schedule Il to the Companies Act, 2013 after considering usefl lif of Plant and Machinery st 25 years (usefulifeas per {uldance avaliable from the Central Electricity Regulatory Commission (Terms and Conditions of Tarif) Regulations, 2009) as technically assessed by the management. Leasehold land s amortized on a straight line basis over the period of lease {intangible assets Capital expenditure on purchase and development of identifable assets without physical substance is recognized a Intangible Assets when:Jindal Power Limited Notes to the Consolidated Financial statements forthe year ended March 31,2022 Intangible Assets are amortized on straight-line method over the exaected duration of benefits not exceeding ten years. The amortization period and the amortization method for an Intangible asset witha finite useful fe are reviewed atleast at the end of leach financial year. Changes in the expected useful If or the expected pattern of consumption of future economic benefits ‘embodied in the assets are considered to modify the amortization period or method, as appropriate, and ate treated as changes in accounting estimates. Specified computer software are amortised over the period of five years Incase of transportation business, intangible asset consist of website which are amortised over three years Coal mining exploration activities: Exploration and evaluation assets comprse capltalized costs which is generaly the expenditure incurred associated with getting the mining lease rights and related associated expenditures. The cost has been amartised over the expected years of Coal Production as per mining lease plan. ‘Mines closure, ste restoration and decommissioning abligations:- ‘The Group's obligations for land reclamation and decommissioning of structure consist of spending at mines in accordance with the suldelines from Ministry of Coal, Government of Inia. The Group estimates its obligations for mine closure, site restoration and decommissioning based on the detailed calculation and technical assessment ofthe amount and timing of future cash spending for the required work and provided for as per approved mine closure plan. The estimate of expenses is escalated for inflation and then discounted at a pre-tax dscount rate that reflects current market assessment of the time value of money and risk, such that the amount of provision reflects the present value of expenditure required to sattle the obligation. The Group recognizes 2 corresponding asset under Exploration and Evaluation Rights in Intangible Assets forthe cost associated with such obligation, The value of the obligation is progressively Increased over time as the effect of discounting unwinds and the same is recognized as finance costs. Further, a specific escrow account is maintained for ths purpose as per approved mine closure plan. The progressive mine closure expenses incurred on year to year basis, forming part ofthe total mine closure obligation, are initlly recognized as recelvable from escrow account and thereafter adjusted with the obligation In the year in which the amount is withdravn from ‘eserow account after concurrence ofthe certifying ageney. Changes in the estimated future costar in the discount rate applied to or deducted from cost of exploration and evaluation rights 1M) Impairment of Non Fi sets ‘The Company assesses at each reporting date whether there is an indication that an asset may be impaited If any indication exes, for when anal Impaizment testing for an asset is required, the company estimates the asset's recoverable ammount. An asset's recoverable amount isthe higher ofan asset's o cash-generating unit's (CGU) net seling price ands value in use. The recoverable ‘amount i determined for an individual asset, unless the asset does not generate cash lnfows that are largely independent of those from other assets or groups of assets. Where the carrying amount ofan asset or CGU exceeds its recoverable amount, the asset is considered impaired and is written down to Its recoverable amount. In assessing value in use, the estimated future cashflows are Aiscounted to thelr present value using a pre-tax discount rate that rellects currant market assessments of the time value of money and the risks specific to the asset. In determining net selling price, recent market transactions are taken into account, f available no such transactions can be identified, an appropriate valuation model is used. ‘The Company bases its impairment calculation on detalled budgets and forecast calculations which are prepared separately for each of the company’s cashenerating units to which the individual assets are allocated. These budgets and forecast caleulations are generally covering a period of five years, For longer periods, along term growth rate i calculated and applied to project future ash ‘lows after te fifth year [An assessment is made at each reporting date as to whether there Is any indication that previously recognized impairment losses may no longer exist or may have decreased, If such indication exists, the company estimates the assa’s or cash-generating unit's recoverable amount. A previously recognized impairment ossis reversed onl if there has been a change i the assumptions used to determine the asset's recoverable amount since the lst impairment loss was recognized. The reversals limited so thatthe carving amount of the asset does net exceed its recoverable amount, nor exceed the carrying amount that would have been determined, net of deprecation, had no impairment los been recognized forthe asset in prior years. Such reversals recognized inthe statement ‘of profit and oss unless the asst is carsied ata revalued amount, in which case the reversal treated as 9 revaluation increate.Jindal Power Lived Notas tothe Concoidatd Fi Iv) Accounting for Leases ‘The Group assesses whether a contracts or contains a leas, at inception ofa contract. The Group recognises a right-of ise asset {and 2 corresponding lease laity with respect oll lease agreements in which ts the esse,except for shorstarm less (defined 3s lases witha lease term of 12 months or less} ana leases of low value assets, For these laces, the Group recognises the lease payments as an operating expense on a sraightline bass over the term ofthe lease unless another systematic bass Is more representative of the time pattern in which economic benefits rom the leased asst are consumed, ‘The lease ably is iniily measured at the present value ofthe lease payments that ae not paid atthe commencement date, Aiscounted by using the ate implct inthe lease. if tis rate cannot be readily determined, the Company uses its incremental borrowing rate Leasehold lang having no future ash outlow and inflow classed as Leasehold land under Property, lant & Equipments ‘Borrowing Cost Borrowing costs consist of intrest and other costs that an ent incurs in connection with the borrowing of funds. Borowing costs specially eating tothe acquisition or construction ofa qualifying asset that necessary takes a substantial parod of time to get ‘eacy forts intended use are captalzed a pat ofthe cos ofthe ase. For general borrowing used for the purpose of obtaining 2 qualifying asset, the iount of borrowing core eile for capitalization is determined by appving = captalacon rate to the expenditures on that asset. The capitalization rate i the weighted averoge cf ‘the borrowing costs applicable tothe borrowings ofthe Company that ae outstanding during the period, other than borrowings ‘made specially fo the purpose of obtaining 2 qualifying asset. The amount of borrowing cost capitalizes during 2 period doesnot enceed the amount of borrowing cost ncured dung that period -Allotner borrowing costs are expensed inthe period in whch they occu ‘inventories Inventories are valued atthe ower of ost and net realsabl value, exept scrap which ie valued at nt realizable value. ‘Costs incurred in bringing ach produc its preset location and condtion are accounted for follows ‘Raw materials & Packing material: cos Includes cost of purchase and ather cots incurred in tringng the inventories to thelr present location and condition Costs determined on weighted average basis. ‘+ Stores & spares cos includes cost of purchase and ater costs incutein bringing the inventories to thei present location and ‘condition, Costs determined on walghted average boss, Net realsable value isthe estimated sling price Inthe ordinary course of business, less estimated costs of completion and the ‘estimated costs necessary to make the sale {Land end pots other than area transfered to Project Workin progress are valued at lower of cost/ approximate average costar net ‘eazable velve, Cost includes Land (including development rights) acquisition cost and borrowing cor. Project Work in progress is valued at lower of cost and net realzble value. Cost comprises cost of Land (including development sigs), internat development cost, extemal development charges, construction cost, Borrowing cost and overheads related to projet under constuction i Foreign curency Transactions ‘The functional and presetaton currency of the Company is Indian rypes (8),Jindal Power Limited sto the statements forthe year ended Mz 21,2022 (a) Initial recognition Foreign currency ansactions are recorded on initial recognition in the functional currency, using the exchange rate atthe date of the transaction, (8) Conversion Foreign currency monetary items are retranslated using the exchange rate prevailing at the reporting date. Non-monetary items, \which are measured in terms of historical cost denominated in 2 foreign currency, are reported using the exchange rate atthe date of the transection. Non-monetary items, which are measured at far value or other similar valuation denominated in 2 foreign currency, are translated using the exchange rate atthe date when such value was determined, (Exchange cliferences The Company accounts for exchange differences arising on transation/ settlement of foreign currency monetary items as below: 4. The gain or loss arising on translation of non-monetary items measured a fale value is treated i line with the recognition of the {ain or loss on the change in far value ofthe item (\e, translation differences on items whose fair value gan or loss recognised in 1 or profit or loss are also recognised in OC or profit or loss, respectively 2. Exchange differences arising on a monetary iter that, in substance, forms part of the company/s net investment in 2 non- integral foreign operation is accumulated inthe foreign currency translation reserve unt the disposal of the net investment, On the lisposal of such net investment, the cumulative amount of the exchange diflerences which have been deferred and which relate to that investment i recognized as income or as exsenses inthe same period in which the gain or loss on disposal is recognized 3. Pursuant to Para DI3AA of Ind AS 101, the Company had opted to aval the choice provided under paragraph 44A of ASLL: The Effects of Changes n Forelgn Exchange Rates inserted vide notification No GSR 914j€) dated December 23, 2011 issued by the Ministry of Corporate affairs. Consequently, exchange difference alsing on longterm foreign currency monetary item, outstanding fon transition date, related to acquisition of an item of property, plant and equipment is capitalized and depreciated over the remaining fe of the asset, vill Revenue Recognition Revenue is recognised when (or at) the entity satisfies a performance obligation by transferring @ promised goods or services to a customer (customer obtains cantrel) over a period of time. Revenue from contracts with customers is recognized when control of the goods including power generated or services Is transferred to the customer at an amaunt that reflects the consideration to which ‘the Company expects to be entitled in exchange for transferring promised goods or services having regard to the terms of the contract Including Power Purchase Agreements, relevant tariff regulations and the tariff orders by the regulator, as applicable Generally ll the mers are billed on the bass of recording f sale of energy by installed meters. ‘The Company recognises the allocated transaction price as revenue once the performance obligation i satisfied, The Company allocates the transaction price to each performance obligation identified in a contract on 2 relative stand-alone selling price bass, The Company determines whether the consideration is fined or variable based on the terms of contract and entity's customary practice If the consideration includes 2 variable amount, an estimate of the consideration to which Company is entitled to In ‘exchange for transferring the promised goods or services 1o a customer Is made, Items such a elcounts, credits, price concessions, raturns and performance bonuses may result in variable consideration. ‘A contract modification may elther be fora change in scope of services or prices or both, The Company generally has modifications related to prices. Such contract modifications are accounted for ether prospectively o by cumulative catch up adjustment In relation toi estimation of the projected revenues, projected profits, projected cost, cost to completion and the foreseeable losses. These are reviewed periodically by the management and the effect in charge in estimates is recognised inthe period in which such changes are determined sme from realestate, revenue has been recognised using completion of contract method (Ind AS 115). This requiresJindal Power Limited the year ended March 31,2022 Revenue from Transportation Income is recognized when risk and reward of the material under is delivered to the ultimate customer. Revenue is recognized only when evidence of an arrangement Is obtained and other eiterla to support revenue recognition are met. Revenue in respect of sale of material including srap Is recognized when the significant risks and rewards of ownership ofthe goods have passed tothe buyer Claims, interest due on delayed payments and transfer fees fom customers ae recognized on acceptance by the customers, in) Government Grant Government grants/aubsdies are recognised where there ie reasonable assurance that the grant vil be rece'ved ane all attached conditions wil be complied with. The grant/subsidy is recognised as income on a systematic basis over the periods that the related costs, for which it is intended to cornpensate. Government grants/subsidies are disclosed as Other Income inthe Statement of Profit ortoss 2») Other Income 4. Chime receivable ‘The quantum of accruals in respect of claims receivable suchas from railways, insurance, electricity, customs, excise andthe ike are accounted for an accrual bass tothe extent there is reasonable certainty of realisation and as per principles given under Ind AS-115, = Revenue From Contract with Customers Dividend Income from Investment Dividend income i recognised when the shareholders right to receive payment s established Interest Income Interest income is recognized on a time proportion bass taking Into account the amount outstanding and the applicable interest 4. Compensation from Contractee In case of Transportation business, ther income is comprised primarily of compensation from contractees, interest income which Is recognized on regular basis. 1) Retirement & other employee benefits Expenses and lablites in respect of employee benefts ate recorded in accordance with Indian Accounting Standard (Ind AS)-19 - ‘Employee Benefits 2] Defined Contribution Plan “The Company makes defined contribution to Provident Fund, which is accounted on accrual basis as expenses Inthe statement of Profit and Loss. Defined Benefit Plan ‘The Company's Uabilties on account of Gratulty and Earned Leave on retirement of employees are determined atthe end of each financial year on the basis of actuarial valuation certificates obtained from Registered Actuary in accordance with the measurement procedure as per Indian Accounting Standard (INDAS}-19,, ‘Employee Benefis' These liablities are funded on year-to-year basis by Contribution to respective funds. The costs of providing benefits under these plans are also determined on the basis of actuarial valuation at each year end, Actuarial gains and losses for defined beneft plans are recognized through OCI in the period in which they occur. Remeasurements are not reclassified to profit or loss in suasequent periodsJindal Power Limited i) Taxes ‘Tax expense comprises currant and deferred tax. Current income-tax is measured at the amount expected to be pal to the tax authorities in accordance with the Income-tax Ac, 2961 enacted in India and tax aws prevailing in the respective tax juridltions where the company operates. The tax rates and tax laws used to compute the amount are those that are enacted or substantively enacted, at the reporting date Curent tax asets and current tx abilities are off se, and presented as net Deferred taxis provided using the balance sheet approach on temporary differences atthe reporting date between the tax bases of assets and liabilities and their carving amounts for financial reporting purpose at reporting date. Deferred income tax assets and labilties are measured using tax rates and tax ‘ams that have been enacted or substantively enacted by the Balance sheet date and are expected to apply to taxable Income inthe year in which those temporary differences are expected to be recovered or settled ‘The effec of changes in tax rates on deferred income tax assets and labile Is recognized as income or expense in the period that Includes the enactment or the substantive enactment date. A deferred income tox asset is recognized to the extent that Iti probable that future taxable profit will be available against which the deductible temporary differences and tax losses can be tied, Dafered tax aseets are reviewed at each reporting date and are reduced ta the exten that itis no longer probable thatthe ‘elated tax beneht willbe realized In the situations where the Company is entitled to a tax holiday under the Income-tax Act, 1961 enacted in India or tax laws prevailing in the respective tax jurisdictions where it operates, no deferred tax (asset or liability) is recognized in respect of ‘temporary differences which reverse during the tax holday period, to the extent the Company's gross total income i subject tothe deduction during the tax holiday period, Deferred tax in resnect af temparary differences which reverse after the tax holiday period is recognized inthe yearn which the ting differences originate, MAT creitis recognized as an asset only when and tothe extent there is convincing evidence thatthe Company will pay normal income tax during the specified period Le. the period for which MAT ereit is allowed tobe carried forward. In the yearn which the Minimum Alternative tax (MAT) credit becomes eligible to be recognized as an asset In accordance with the recommendations contained in Guidance Note issued by the Institute of Chartered Accountants of inci, the said aset is created by way ofa credit to the Statement of Profit and Loss and shown as MAT Credit Entitlement. The Company reviews the same at each balance sheet date and writes down the carving amount of MAT Credit Entitlement to the extent there is no longer convincing evidence tothe effect ‘that Company will pay normal Income Tax during the specified peri, al) Provisions, contingent labilties, commitments and contingent assets Provisions are recognized for present obligations of uncertain timing or amount arising as a result of a past event where a reliable ‘estimate can be made and it is probable that an outflow of resources embodying economic benefte will be required to settle the bli cannot be estimated reliably, the obligation is disclosed as a contingent lability and commitments, unless the probablity of cutflow of resources embodying economic benefits is remote, Ifthe effect of the time value of money is matera, provisions are dizcounted ton. Where itis not probable that an outfiow of resources embodying economie benefits willbe requted of the amount using a current pre-tax rate that reflects, when appropriate, the rks specific to the lablty. When discounting i use, the increase in the provision due tothe passage of time is recognised as 2 finance cost. Possible obligations, whose existence will only be confirmed by the occurrence or non-occutrence of one or more uncertain events, are also disclosed as contingent lables and commitments unless the probability of outflow of resources embodying economic benefits is remote. Contingent assets ae nether recognized nor dsclosed inthe consolidated financial statements. iv) Earnings per share ‘The earrings considered in ascertaining the Company's earnings per share (EPS) comprise ofthe net profi after tax attributable to equity shareholders. The number of shares used in computing basic EPS is the weighted average number of shares outstanding during the year adjusted for events af bonus ieeue post period end, bonus elements in ight sue to existing shareholders, share slit, and reverse share split (consolidation of shares). The diluted EPS is calculated on the same basis as basic EPS, after adjusting forthe effect of potential dilutive equity shares unless impact antillutve 9) Segment Reporting The chief operational decsion maker monitors the operating results of Its business segments separately forthe purpose of making a Financial Instruments 2) Initial Recognition ‘The Company recognizes financial assets and financial lables when it becomes a party to the contractual provisions of the instrument. Al financial asets and lisblities are recognized at far value on initial recognition. Transaction costs that are directly attributable tothe acquisition oF issue of financial assets and financlallabilties, which are not at flr value through profit or los, are added to the fir value on inital recogrition. Regular way purchase and sale of financial assets are accounted for at trade date b) Subsequent Measurement |. _Non- Derivative Financial instruments = Financial assets catied at amortised cost A financial assets subsequently measured at amortised cost iit is held within a business model whose objective is ta hold the asset In order to collect contractual cashflows and the contractual terms of the financial asset pive rise on specinied dates to cash flows that are solely payments of principal and interest on the principal amount outstanding, ' Financial assets at fair value through other comprehensive income. A financial asset is subsequently measured at fair value through other comprehensive income if it Is held within 2 business made! whose objective is achieved by bath collecting contractual cash flows and selling financial assets and the contractual terms of the financial asset give rse on specified dates to cash flows that are solely payments of prinepal and interest on the principal amount outstanding. The Company has made an election far its Investments which are classified as equity instruments to present the subsequent changes in fae value through profit and loss account based on its business mode * Financial assets at fir v Je through profit or loss [Afinancial asset which is not classified in any ofthe above categories are subsequently flr valued through profit or loss * Impairment of financial assets ‘The Company recognites loss allowances using the expected credit loss (ECL) model forthe inaetal assets which are not fat valued through proftor loss. Fer impairment purposes significant financial assets are tested on an individual basis, other financial assets are assessed collectively in groups that share similar credit risk characteris. ‘The Company recognises Ietime expected losses forall rade receivables. For all other financial assets, expected credit losses are measured at an amount equal tothe 12 month expected credit losses or at an amount equal to the ife time expected credit losses if the creit risk on the financial asset has increased signifcanty since intial recognition. The amount of expected credit losses (or reversal) that Is required to adjust the loss allowance at the reporting date to the amount that is required to be recognised is recognized 2s an impairment gan or loss in profit or loss = Financial bites method, Financial labilies at fair valve ‘through profit and loss includes francil lability held for trading and financial ability designated upon intial recognition as at fair. value through profit and loss. For trade and other payables maturing within one year from the balance sheet date, the carying amounts approximate fae value due tothe short maturity ofthese instruments, ©) Derecognition ‘The company derecognizes a financial asset when the contractual rights to the cash flows from the financial asset expire or it transfers the financial asset and the transfer qualifies for derecognition under Ind AS 108. financial abilty (or a part of a financial liability) fe derecognized from the company’s balance sheet when the obligation specified in the contracts discharged or cancelled Financial lables are subsequently carried at amortized cost using the effective inter or expires.Jindal Power Limited [Notes to the Consolidated Financial statements forthe year ended March 31, 2022 4) Reclassification of financial assets The company determines classification of financlal assets and liabilities on intial recognition. After intial recognition, no reclassification is made for financial assets which are equity instruments and financial ible Fr financial assets which are debt instruments, a reclassification is made only if there is @ change in the business model for managing those assets. Changes to the business model are expected to be Infrequent. The company’s senior management determines change in the business model 3s 3 result of external or internal changes which are significant to the Company's operations. Such changes are evident to external parties. A change inthe business model occurs when the company ether begins or ceases to perform an activity tat is significant to its operations. f the company relassifies financial asset, it applies the reclassification prospectively from the reclassification date Which is the fist day of the Immediately next reporting period following the change in business model. The company does not restate any previously recognised gains, losses (including impairment gains or losses) or interest, @} Offsetting of financial instruments Financial assets and financial liblities are offset and the net amount is reported in the balance sheet if there Is 2 currenty enforceable legal right to offset the recognised amounts and there is an intention to settle on @ net Bass, to realise the assets and settle the lables simultaneously. sil) Fair Value Measurement ‘The Company measures financial instruments, such a5, derivatives at far value at each balance sheet date, Fair value Is the price that would be recived to sell an asset or paid to transfer a liability in an orderly transaction between market participants atthe measurement date. The fair value measurement is based on the presumption that the transaction to sel the asset or transfer the lablity takes place ether: + Inthe principal market forthe asset or Hiaity, or + Inthe absence of principal market, in the most advantageous market for the aeset o ability ‘The principal or the most advantageous market must be accessible by the Comparv. The fair value ofan asset ora lability is measured using the assumptions that market participants would use when pricing the asset cor liability, assuming that market participants actin their economic best interest, [A fair value measurement of @ non-financial asset takes into account a market participant’ abilty to generate economic benefits by Using the asst in is highest and best use or by sling it to another market participant that would use the asst in its highest and best use. ‘The Company uses valuation techriques that are appropriate inthe circumstances and for which sufficient data are avaliable to messure fair vale, maximising the use of relevant observable inputs and minimising the use of unobservable inputs. {Al asets and liallities for which fae value is measured or disclosed inthe consolidated financial statements are categorised within the faie value hierarchy, deserved as follows, based on the lowest level int that is sgnficant to the fair value measurement as 3 whole + Level 1 — auoted (unadjusted) market prices in active markets for identieal asses or labilties + Level 2 — Valuation techniques for which the lowest level input that i significant to the fair value measurement is directly oF Indirect observable + Levei3 — Valuation techniques fr which the lowest level input thats significant tothe fair value measurement is unobservable For assets and liabllties that are recognised in the consolidated financial statements on a recurring basis, the Company determines whether transfers have occured between levels in the hierarchy by reassessing categorisation (based on the lowest level input that is significant to the fair value measurement as a whole) a the end of each reporting periog For the purpose of fair value disclosures, the Company has determined classes of assets & lables on the bass ofthe nature, characteristics andthe risks of the asset o iablity and the level ofthe fair value hierarchy as explained above. el) Cash and cash equivalents (Cash and cash equivalents In the balance sheet comprises cash at banks and on hand, short-term deposits and investment in ‘overnight mutual funds which ae subject to an insignificant risk of changes n value and unrestricted for withdrawal ane usage‘Audion aya Aq anos se papa 34a Ho UoRU.9; 14 22 a.0U 2404 “10 "9281 TE Uo se 591019 ZESOGT 2 BUE 2202 IEA TE UO Se 5910/9 55'S/9T 2 A 9 91 © 54 S102 dy To "81 Wonsues o ap a4) Uo se S09 pawnap Se anjeA te} ye yuousMbo pu ed “hysodoud at Jo Sy UHELI9DPodyen sey AUedIOD 9. $1344 0 anja umop us o_o a Hwee wae 90092 0699s Brant wus 907 ate wee Tear = = rete wien iesy aor 5 = = - 5 oar > Sseunsiby a0 te50) - us) two) : ~ « ; : essa tse wot eer svecx Ea seakay job) ese] 900 ars sgt ste ore eso aoe) roe te pen sy Tarte = Teco) Tir) tod ero f ness socom coo sso tess sea son kop ojsaien arose —er0esy_ssof 19ers rus oon vow 57 vonepeig swat 0 we wee ee eves wis oe roe tewpcrnie5¥ tres) oso. —Tevol tes) eons se sz soos sre wo 0 suaunpy ney ‘su WO ate ow etre 1eae oe oe Te pun ae5y ‘Seva iro! ttre) evo) —tes 0 = Tweo tooo} sein ost at sto wo see - zo soon Wai WO rset ors ost eare ai wee oxoe Towa (noe pyran) 1019 ee own SO kmupew swe Supine purimowen sea snus ‘woudinbo we huado1g'9 ‘ze0e ‘TE Y>seW popusseoK a 10} swuOWaLESjepUEULY parePHOsUO BYR 01 SB10N, ‘qauiwn wamoa wantJindal Power Limited Notes tothe Consolidated Financial statements for the year ended March 31, 2022 7.Capital workin progress Kin crores Projects Total [As at April 01, 2020 7st Sat Additions 24.48 24.48 Capitazes (2725) (725) iriten of (35.47), (35.7) Provision for Impairment af Hydra Investments (724.22) (724.22) [As at March 32,2021 3166 31.66 Adtions 6727 6727 ceptalzes 79.23) (79.23) Wiriten off | AAs at March 31, 2022 7370 B70 a. Ageing of Capital-workin progress: As at March 31,2022 ‘in crores ‘Amount fora period of pital work in progress TTT Ts ayear | zayeurs | Moetane ‘year ‘years roetsn prowess [epee : 5 030 Oss Solar Eneray oor Railway Sicing 0501 006 Mines O08 5 cross Contry Pipe Conveyor 0.0 05 oar Toa Keothers 2.26 = - : ‘Ag at March 31,2021 “Amount for period of apital work n progress Tet | ayers | 2ayean | Mmaoene Prajecs in progress fi. Flue Gas Distribution 239 300 5 os Railway sicing E on - Mines 338 z z E ‘ash dyke 1.68 oat 5 5. Cross Contry Pipe Conveyor 0.03; on 035 oa8 ‘Others 27 - - aaJindal Power United Notes tothe Consolidated Financial statements forthe year ended March 33, 2022 Statement showing the detals of pre-operative expenditure forming part of capital work in progress as at 3ist March, 20 in crores Forthe Year For the Year ended ended March 31,2022 March 31, 2021, Amount brought forward during the year : 591.02 ‘Add: Expenditure incurred during the year Salary and wages - as. Contribution to provident & other funds - 007 Traveling and conveyance - 0.00 Legal & profesional expenses : 028 Depreciation = 007 Vehicle biting & running expenses 003 Interest on loar/debentures 0.00 Security expenses 020 General administation expenses - 080 ‘Miscellaneous expenses 001 Total pre-operative expenses : aor b. Capital workin prograss 31.65 196.08 [Add Adtions 6727 2149 Capitalization (7923) (1725) Less: CWP Written off . (0647) Less: Provision for Impairment of Hydro Investments (aay) Total capital work In progress (including Pre ‘operative expenses) (a+b) 19.70 31.66 Capital work in progress includes Mining Rights, roads, builsing under construction Jeapital material at site, temporary construction site development expenses, mining structure (including the main and auxllary mine shafts and underground tunnels, plant & machinery in transit /under erection and the pre operative expenses {Expenditure during construction period (pending allcation/captlization) incurred in relation thereot. ‘7A. Intangible Assets Under Development Rin crores ist ‘sat April03, 2020, —_— Adstion : [As at March 31, 2021, : Addition ‘Re at March 33, 2022 ‘ageing of Intangible Under Development in Crores “Arvourt fora pevlodof Intangible assets Under Developmen 3 than ire than Intangible Assets Under Development tethant | ya yean | 2ayears | Moretmand year years [soeware ossind Power United the Consolidated Financia statements forthe year endes March 31,2022 5 Goodwill arising on consolation ers te Total ‘Asatapri'0t, 2020, se1s0 6120 rpsirment lus" (009.7) (009.72) sat March 31,2025 S208 soe sa seMareh 31,2022 =a ae Pursuant toe allocation of 84076 aces of and alcatel by Anuhea Pradesh Industral infastucture Corprsion ited (APC) ose ae ite sbsay, the company har impaed gol amounting to € 208.72 Cores inthe year fended Wareh 33,2021, 9. other intangible assets ‘in crores Partclae valuation pompetet Tout tes ee ‘Gross lok [at costo revalued amouet) ‘sat Api, 2020 297 2s7 editions 03 003 Disposal avons sas aaa Asst Morch 31,2022 ae 3 Amertaton ‘sat Api, 2020 220 230 ations por oor Disposals : saaione aos nis ‘sat March 3, 2022 oa re a Netbiock ‘Asst March 3, 2008 ‘ ose ose ‘Asat March 3, 2022 au607 ose ass Note: During the year the company has obtained ining ghs in oa lock Gare Palma 1/2. The amunt spent towards mining las rights and cptalisaton of expected Mining Restoration expenses 10. Bolg anet other than bear pants [Ar ot Api, 2020 on 032 sat March 3, 2021 ox ose Aeatione Dsporas : : [sat arch 31,2022 aE om Depreciation [arst api, 2020 . Disposals . 5 Asat Meh 3, 2021 : : etone : Oisposas ‘sat Moreh 31,2022 et biock ‘Asst Morch 33,2023, a3 032 ‘sat March 31,2022 03 032« » ° o Jindal Power Limited Notes tothe Consolidated Financial statements forthe year ended Mar 11(). Non current investments ch 31, 2022 xincror Particulate peat Waren, 2024 Investment in equlty instruments (Unquoted) a fair value Jindal nfosoluions LiiteaFully paid up 2,75,000 (previous year: 1,75,000} equity shares oR, 10 each (Opetina Sustainable Services Put Lt (formerly Opelina Finance & Investment Limite fully pala up 30 (previous year 120) equity shares ofRs.10 each) others* Investment in preference shares (Unquoted) a fairvalve Bahadurgarh Townships Pvt té(,40,00,000 preference shares(previous year: 140,00,000) of Rs 10 each) Rohtak Townships Pvt. ts (1,11,30,000 preference shares (previous yar: 111,300) of R 10 each) Investments ia Equity Shares of Hindusthan Power Exchange td (Previusly ranurla Solutions Ltd) at far value Fully Paid Cquity Shares 2,000,000 N's @ Rs.1 Per Share (P.¥.2 Ce) ‘Aggregate amount of unquoted investment oas oa. oot oot 008 005 14.00 14.00 au m3 200 . War Bar 2137 2537 #3000 numberof 8% convertible preference shares of Rs 10 each received from Opeliena Finance & Investment Limited ae bonus Det of investment a follows Stamp duty paid on purchase of shares of the subsidiary companies by holding Rs. 0.05 crore and investment with ‘minimal values aggregating s. 0.01 crore 110) Current investment Trvestments Th mutual fonds at FVTPU) Aditya Birla Mutual Fund - 398 Vasu india Trust 100 Le Mutual Fund = oon 100 3.95 Investments in Equity Shares of Hindusthan Power Exchange td (Prevuosly Pranura Solutions Ltd) Fully Pad Equity Shares 2,00,00,000 No's @ R.2 er Share (P.Y. NL) 2.00 00. Ec ‘Aggregate amount of quoted investments and market value thereof 1.00 599 12. Trade receivables ‘arent Particulars Ba Trae Receivables considered good -unsecured * Trade Receivables ~credit impaired Ls: allowance for bad & doubtful debts Maren 31,2022 _March 34,2021 119176 1,709.36 S245 (245), FECES 1708.16 cludes 78.18 crores (Previous Year € 78.76 crores receivable from related party) Refer Note 46greet [tre [oror | cvtv [rete | coes9 | vesez 5 eo z 5 z z 5 7 pasjeduu par —soyqensoay opel pana 3S a |w asea.0u1 queayluBis oney yoiym — saigenerey apes. paandsia [pool pavapisuo>-sajqenjsoay apeal paandsi pasjeduu jpaio — sejqenvaou apes parndsipun YSU pan Ul : : : - : : : : Jaseaicu esyuBis ancy yorum ~ saiqenlaoey apes, paindsipun sreort [tre [oror |zovty [tetc | e069 |vesez |evvec [OOH pasep|suod — sajqenrezes peu payndsipun Tz02 WIE TEI SY s1e0k anp ek siejnonued euen zeakt |syauow 9] young reror_| asow | sseahe-z| sie0d z-r | syruow 9] uewp ssar] yuasing quawihed 0 avep anp Woy spoisod Sulmoy/o} 10) BuIpuERsynO setert [99s [eo [eee [eres | srzi9 |sezpe |veez Tee] = = = = aijedu paid — seiqenozou apes pawn * = ur aseasout ueay luis aney y>iym ~ sajqenlaoay apes parnds : = = 7008 pavap|suod-sajqenjazey apes paands sees wes | Pewyedur 33pax0 — sojgealooay apes parndsipun, SU Mpa Ul : 2 : : e - laseasou ueowiudis ancy yorum — saiqeniazay apeaL paandsipun tecert [avs [eso [eee [veo [stzis_|sezwe |ooesz 'p0o8 pavap)suo9 — saiqeniae1 @pea1 parndsipun 7z0z WPieW TEI sy jerol | sieak [sieake-z|seakzt| aeeht |smuowg) enpih | pi ‘einopued| euews stuoui 9|uew soz] x0u ang asow queuing, uowhed so aiep anp wou spolsed Burmo||0} 10) BuIpueISINO $0100) Us sajqenjaoas apeal jo Buoy -yzr 2207 ‘TE YEW papud 1e9A a4p 40} syuowoye)s je!>UeULY parepl|osuE> ay) 03 SION, pour smog jepuirsida Powe tite Notes othe Canrltsed Fascia statements forthe yr ended March 2, 2022 os teat pats” 36625 16592 ose ose 16620 16592 ote O58 unsecure, considered good Loans to ested parties” 00 asses Ases08 Loans others * oe 008 Loans employees ose as ox 018 oa eae Taos ases28 out aa Ta RS as * eles Not for elite acy aneactons 16 omarfinanial osats Ton-eorent oo rena ace rata 32a, secur deposit Sacre, considered good om ozs os Unsecreconscered good 252.00 aaas 7 202 lars served on depot &thest* : 380 a (tne advance : oar 820 Free epost 0° sue ne 276 User: Proton for Doubt Debts 00 04 * Indes (25000 Corr even to related partes| eis yeu € 250.4 Crore), ele Note 46 1 nds 221 Crores receabe rom relates pry Prevous year CS Coes) Refer Mote 6 *Thisamount ncudes€36 8 (revout Year) rested to Eeron Aeron or mines one lh, incor Ponce a a Mach 31.208 Wah 20a Mah 342028 war 12071 apa advancest 3os.79 300652 . Devancer eter thn capital advances ‘evan ford 201 sot 6526 m70a1 done to vendeet** m0 a8 35870 mee Provlon fo cov ove 473) 1473) (026) (a2) 3707.08 38.58 270 Coe Preaiempenses as ssa8 na a0 Due am goverment stories Reverue autres ost ose us an omnes 07 308 Total other ats Samar ro a8 ‘dudes 252.30 Crores guano elated party (teu yat 289230 Cores) Rete Note 46 8ST Irelues €456.28 crores [prrvous year ©2713 cre) gent eae partie eer Note 6 Indes €23.78 Crores gv rls acy (Prous year 2590 Cores Peer Note 6Jindal Power Limited Notes to the Consolidated Financial statements for the year ended March 31, 2022 16, Deferred tax assets (liabilities) (net) KinGrores Asat Asat Particulars March 31,2022 March 31,2021 Deferred tax assets Expenditure incurred in current year but allowed on payment basis 1956 1697 -Difference between book and tax base related to others 114.28 142 -Difference between book and tax base related to Prov for . oat Doubtful Debts i384 Test Deferred tax liabilities Difference between book and tax base related to PPE 71559 713.05 -ifference between book and tax base related to others 0.33 114 71592 Tiss [Net deferred tax assets (liabilities) (net) 582.08) (635.53) Deffered Tax Assets (net) 19.56 16.97 Deffered Tax Liabilities (net) (601.68) (712.86) 17, Current tax assets (net) Rin Crores feat Aeat March 31,2022 March 34.2024 Current tax Assets (Net) 4852 45.95, Net current tax assets ws 35Jindal Power Limited Notes to the Consolidated Financial statements for the year ended March 31, 2022 18, Inventories Kin Crores Asat Asat Particulars March 34,2022 March 3, 2021 Raw materials = Coal & fuels 2.96 3243 Others 3.90 478 Finished goods 13210 183.37 Land bank 8.03 12.86 Project in progress 778.43 807.92 Agriculture stock 0.06 0.25 Stores & spares 8289 60.93, Total inventories 3,078.37 710253 19. Cash & cash equivalents / bank balances TinCrores Feat As at Particulars March 34,2022 March 31,2024 Cash & cash equivalents Balances with banks Current accounts Fixed Deposits original maturities of less than 3 Months -Mutual Funds Cash on hand Total Cash & cash equivalents Balance with Bank = Indeposit account with maturity more than 3 Months but less then 12 Months Total 33615532,300 600 qty sare of ® 104 freon yar 209600920) 00300 20000 ‘o.HL5900 Fraternc sare 1 each revs 909.20, 0900) asco Spo8c0 eed sted 8 poltup {S880 aD 00equy tres etch ery 154860980) esse sata ae ae Tmbavol dures] (i Gorell Rania sore] en Core] ianyetrs aang 3s bgt hea 300 600206 Speco | sapotoao00 | apace syste var ath esol ha wat sacarmaaae 000 | pm oonn0o| —— so. Frclerece hres anstang st eben oT 300000.000 300 7 - Ison rng tm yeer : Spnais | sn releterce tes custnlg she ore of year aa 00 300 | — somone ‘860 Fou 03.0000 ‘ao00 | 200000000 na lp mare canta _ Toriberotsara| (tn Gaara of share! (tn Gar [cay rvs acandg we Sepia ya SOE Taieso]seesooaco] 0 Isoty shores oustanang tthe soz othe yer, Tae Taian0| —aeamsoma | ———T3ea sore apa Tbr fears] (ei Cara Ronin ot ares] (ein car] % Coultve Non comerte eget eee Shares (Sa FS) apessooomn| ——aossse 1 No-Cumatve Nor Cone adeeb eer Sars 5) sompsrsas| —scanes 1) Termsiahs tached uty Shores ‘he Corgan hat ony nec of ay shares hdc ve of 0 per shore. ch share of egy sare sed i re votpersh eosin aston of moter propa to th mnt fey sare dy the ety haan he Camoury dacees io ibe inroprion othe nambet equ ser nlaby the wah tend popstd by he Sard of Ores sc! the gpa ohare lds nthe ering Anat Grea Mein xc Inthe ef tr ty shvhaderseM(# 202020Indl Powe ii ots tothe Conte anc statements fr he rene Meh 3,222 ‘emsfitatachd to Paleence Ses Seve: 8% Cua Row Conver Redeemable rlrece Shae (Sat 5) ‘he comoary har sled 46500000 Fur need Fu" oe St or Us) rub ol Sees - SH Ne CamstieRedeabl Preference sae an ale o/c agregatg 008589 Cte, ors maura! 20 ets or the dat ol aletent the aot Sete 405 Toreach eat eld by esareblaes nh compar Sees 5 sabe eee ate at eon af Campy The Campy my race te St -RPS pro ha apy 0 yrs ut er en 5 ‘as, roe copy has scharges a of Ter an abit rd over worugcpt fae tern sari Sus ot a ‘ato reaaethe Conga toredcemthe relrence shares ‘Te nevunert ars ded of SX pao be pid aru sje othe malay of ote and ste to bing coat rom the sere nr aman, Howavr neve apy dot nt py Sen ry yo nar way psd tcc at ing prawn the ences the Serar RPS ders ayant wae on ih levitra paar yo ‘ers 08 can be redeemed her out foes alate fer dtrbuton a diets or ot of tocando «ech ne of sates made forthe prose of ‘edengton or any otar mantra perm nde he Corrine 019 srg sny Haitory neato) or reereimetel ree howe Chane the pre pee sat he ip of eourgton dosnt eet func ob nthe hla shal st ar em eM denn ‘eget ole Seres = 10S arn ether tan lvenypoew, seer eon roc ofan The Company, however shower USethe so Sin arly of he Company rdertalrar slg of pyar areola heen eden he se Serle ton Caen Conver RaeraePterece hares ‘The Comsanyfsaoed #9 8861,55 Tire ares Ep Bp cs sh re hota fn unde ty ie nmbe Sees 5 a ce ale ot Ie loren gerne "3086 Cre fora aur ene sf 20 yer the df seta a 79 Sars OS a9 egy ses aby Sars: 5 hab eden pr sate pon fhe Cray he Cmean yrds the Sra IFS th ep 20 yeas ut sr ex af 15), prone Compan ha cred af ts Te aen abies andor worn cpl ier, ay To Preaance aah det a he raha requ e Company teredeem ta pilreee shares, ‘Theieoument caress ident SH ps. Non Canute, Le, th payet of dideds iat he Sarton lhe Compy In he vet payment end, ‘he Compu wi so conser he sees lenses ofthe Coan, Sere 05 can be eared ea et of posse for drat a iden rou of gree af ah le of saes made for he pre of ‘osempon or ay ota rant pri ude the Compare Ac, 2053 ncudg ary zaton modteston) ar reenactment eee howe ‘fest he pris are tat the Nf va@ton sows rot cate «rane et ar he Mle al na a ea, ene Fe resto reget oft Sere APS ar 3 fan! de eer n'a hsleny sever, matey fseton procs ot mtn. The Caran, Pome ‘eisowedgesta he dP aan ait and eras ancy pore oe sora tthe tine of espn fea ‘Dect sels holdng ore than shares the Company Fame lhe shereeer fast March, 2? ease mT Tender fears RISE Taofsares ain ay aTe Sa RIT ‘Sel Powe ed [nrg company sams7son0 sas 900373000 seam Preteene Shares ee 5) (tics Compan sours saan asouyasome seam Seon Comal, Ra Preerene Sars erie ms) nl sel Powe Ure Tn sia oman zoos ass 2901202992 eK Asperthe records of company clei ssf hreholersnenters nother elon ened om sheer regrdg bene eres he ‘Se streolng tot ngs ard anaes cuneatesetting mame [tcdone Private Lite ormery mown as Worldone Taare | es pees = = — fan fae = = — ae Ee ee Sei x nom Cumutiv, Non Camverbe Redeemable Pefernce Share See) ose ar 3.2022 ef Proms os ot shares | sot tot share_ fine ver oror= Pate inted fomery aomns Woraere Tame [ate] 000% ree nr Wargrave ral ete ed Tam03| oa ——rooarge [sees pinata his.aso| 00 fo ange bs Ceepis nas 5 [ too Roowres fis nest 5 [soos eons fat soaERETsIe | — sea —T eset Mah 298 anes a wet rometrs Novotshaes | softottshare [be year ee ie 6 owe a Baouaeen [age feciae Prone Pate ned rma noon WET TaBS ats] ston hecrarae [reas Maresnent sever inde Pate nied ites) | sta fo osnae [ices Und zstaso| 506% Noches stn asin Serves Unie Terme Boss [arom fRecharee area number of bora shares, shred or comet ‘herepring ate ah and shares baht ack ing the period fe yas immed peceegJindal Power United (cinco) Carer eaaiy Reserve erplar quer component fiancst | redemption | General | Retained arias insiuments | reserve | erowes | earings | rota fsa Ape 0, aR0 ssc] 1430 uiago] 925056] 84703 IEquty component of compound Trandalinavurent ding he yea? 3a29 = | 38829 Iamersurement ofcened nent obiantion eos] aos) Irofnton forthe year (er230](e1230] Irarter rom Oabentare Redemption Reserve (as20 1420 [other adustmenava Crt ss oon] toon Iasebonus preference shoes w2rso] 1692776) (708526) is avareh 2021 amas = a 458.75 | 4A, Feressuterment of deTaed benaTC TESTOR O05 905 ltt forthe yar suoe23| 103423 ins aumare 1, 2022 aaa = = ais | 5508.16 Note: () DR (Oebentre Redemption Reser) (0 oebertce Redemption Reserve (ORR-Tne Company hes saved redeemable ronconerble dbentres. Accrdngy, the Companies (share captal end ‘ebentars) Rul, 201 [es aerded, eae the company to create ORR ost of profits ofthe company aval or ponent of der OR requ te be crested for an amount whens ateat 25% of the ace vale of ebertires noe, Company has rated ORR ou of tamed earings. (wketined faringscopresene tne underbuted roi of he Coup (i other comprehen income Reserv represet, the Blane in equity fo items to be acourted in ther comprehensive income, 00 irl iti} heme that wil not be elie statement of prof & os hems that wilbe eased to statement of prot los. (i) Genera reserve repent the sao revere, ths is in acordance with Conpeies Al, 2053 wherein» portion of pros aportaned to gerera ‘esare. Under the eu Companies Bet, 1956 wat mandtary to wars’ amount before 2 Company candela ding, however under Compares 21.5: Noncontling intrest ‘incre Pareles March 3, 2022 Mareh 3, 2021 ‘Sparing balances Tm Tne ‘Add: adtion rng the ea ue tosses othe year (os) (53) fot oat io.s2Jindal Power Limited Notes tothe Consolidated Financial statements for the year ended March 31, 2022 22, Borrowings Kin Crores ‘Non current Current Particulars Note feat asat Asat haat March 31,2022 March 31,2021 March 31,2022 March 34,2024 Secured “Term ioan From banks: 2a 291543 4,593.35 . From other parties 2a 707.32 763.42 “ - Loan repayable on demand ‘cash creat 22 158.95 2 From banks 168.00 35.08, Current Maturities of long term Debts - . 656.05 897.47 Total 36275 5,356.77 983.00 932.55 Unsecured «Term loan o7a - = Loan from related party * 2388 31.03 Liability component of compound financial 4029 37.70 instrument ** Total 7023 3808 7388 3108 Total 5.305, * Refer Note 46 for related party transactions ** Refer note 64 (e) 22.1 Term Loans 1. Security (2) Term loans from Banks and Body Corporate of € 2747.76 Crores (P.¥, % 2968.66 Crores) carrying Interest rate from 9.30% to 10.25% are secured by way of fst pari passu mortgage / charge on al the Fixed assets (immovable and movable), both present and future including charge on inventory, book debts and receivables all bank accounts and assignment of allright, tities and interest etc. In accounts of the Units pertaining to third Phase of the Power Plant of 1200MW comprising two Units of 600 MW each at ‘Tamnar (Unit 1 and Unit 2)and immovable properties of company situated at Mouje Pall of Sudhagad Taluka, Olstriet Raigarh, ‘Maharashtra state. The Loan is further secured (charge to be created) by way of Fist charges on the receivables of Phase | & Il project of the Power Plant of 1000MW comprising four units of 250MW each at Tamnar. The company is in process of creating further securities as requiced, (8) Term loan from banks of € 16.78 Crores (PY. ¥ 66.82 Crores) carrying interest rate of 9.80% are secured by way of fst pari passu mortgage / charge on all the fixed assets (movable and immovable), of the Company both present and future with respect to fourth phase ofthe Power Plant of 1200MW comprising two units of 600 MW each at Tamnar (Unit3 and Unit 4). (©) Ter toan from banks of € 1513.26 Crores (P.Y. 1910.98 Crores) carrying interest rate from 9.25% to 10.65% are secured by way of fist pari passu mortgage / charge on all the Fixed assets (movable and immovable), over the current assets pertsining to fourth Phase ofthe Power Pant of 1200MW comprising two units of 600 MW each at Tamar (Unit 3 and Unit). (4) 1) Term loan from banks of € Nil Crores (P:Y ¥ 773.45 Crotes) are secured by way of second pari passu mortgage / charge on all the fixed assets (movable and immovable) and Current Assets of pertaining to fourth phase of the Power Plant of 1200MW comprising ‘wo units of 690 MW each at Tamnar (Unit 3 and Unit 4) 2) Term loan from banks of € Nil Crores {P.¥ € 541.41 Crores) are secured by way of the second patl passu Charge on all the fixed assets and current asset of thd phase of the Power Plant of 1200M1W comprising two units of 600 MW each at Tamnar (Unit 4 and Unt 2) (e) Term Loan taken by Jindal Realty Limited amounting to Nil (Previous Year & 11.25 Crores} is secured by equitable mortgage of unencumbered licensed land of the Project, First pari passu charge by way of hypothecation on movable fixed assets and current assets (including cash flows), both present and future ofthe Project, First pari passu charge on the Escrow Account ofthe Project and Corporate guarantee of holding/ land owing companies,Jindal Power Limited "Notes to the Consolidated Financial statements forthe year ended March 31, 2022 2. Terms of Repayment (a). stance amount of Term loans from Banks and Body Corporate aggregating to € 2747.74 crores is repayable as % 241.12 Crores in FIY 2022-23,% 241.12 Crores in. F/¥ 2023-24, % 206.61 Crores in F/Y 2024-25, € 206.61 Crores each in F/¥ 2025-26,8 223.86 Crores ‘each in FIV 2026-27, § 261.12 Crores each year from FY 2027-28 to FY 2031-32, % 258,37 Crores in F/Y 2032-33 and 164.45 Crores, in FIV 2033-34 - by way of quarterly installments. (&}, Term loan from banks amounting to € 16,78 Crores is repayable as € 16.78 Crores in /V 2022-23 - by way of quarterly installments () Term loan from banks amounting to € 1513.26 Crores is repayable as € 396.89 Crores in F/¥ 2022-23, € 423.21 Crores in F/Y 2023- 26, 500.45 Crores in F/Y 2024-25, § 192.71 Crores in F/Y 2025-26 - by Way of quarterly installments, (6) 3% Non-Cumulative Redeemable Preference Shares amounting to © 41.25 Crores is redeemable on 30th March, 2028 and 7% Cumulative Redeemable Preference Shares amounting to 4.00 Crores is redeemable on 14th June, 2028. refer note 59 (e) 3. others (a) Remeasurement of borrowings from bank as per Ind AS has resulted in reduction by % 2.09 Crores as on 31 March, 2022( Previous Year 3.04 Crores) (b) Certain charges are in the process of modification and satisfaction. 22.2 Cash credit & Short Term Loans ‘Working capital faciity from banks of € 226.95 Crores. (.¥ £23.83 Crores ) are secured by way of fist pari passu mortgage / charge fon all the fixed assets (immovable and movable), both present and future, including charge on inventory, book debts and receivables, all bank accounts and assignment of al rights, tiles and interest ete. in accounts of the units pertaining to third phase fof the Power Plant of 1200MW comprising two units of 600 MW each at Tamnar (Unit 1 and Unit 2) and immovable properties of company situated at Mouje Pali of Sudhagad Taluka, District Ralgad, Maharashtra State. ‘overdraft facility i further secured by charge on fixed assets & hypothecation of current assets (both present & future} including book debts & inventories of the project and pre-cast pant. ‘one of subsidiary Company Jindal Reslty Limited has ereated equitable mortgage of its certain land and provided corporate [guarantee to the extent ofthe value of land mortgaged In favour of Axis Bank fora credit facility of Nil (PY € 100 Crores) extended ‘to Jindal Realty Limited.Jindat Power Limited "Notes tothe Consolidated Financial statements forthe year ended March 31, 2022 2-vodepayeles (Non - current ‘Current a rics ne how mow mew sen Ove tosis rege nder MED Act aa nn on Doe toate pres? 28 wa wea 0 ra 3H EE Tae *incudes 30.00 croves (Previous year 33.01 cares) to related par Refer Note 46 Aaingof Trade Payable (As at March 31,2022 in crore [Dutstanding Yor Tolowing perods Rom dus date of payment Jarecuars year | 2years | _23yeats _|orethan3 years] Total [nse a 7s [tomers hast oa om Tes aa [it spurt dues WEE = iv Dsputed des Others E = [rota Tae oo oa ae FE ‘As at March 31,2021 [atstnding Yor folowing period Wom due date of payment {ees than Jarewars yer | 12yeors | _23yeas_|orethanayear| Total [nse oF oa [tomers WSL ie os aa 36.80 [in puted does WE : > [iv spud dues Others : [ota am ECE 5 37 3687 24 Other financial ables Ton-arient ‘Coreen Pariculas ote meat ae Test Tew Mach 1.2022 March 4.2021 Maron 342022 _ Maren 31,2021 Intecest acered ad de on borrowings - ress 037 Inteest accrued but nt due on borowrings* 2 oo. 3180 Retention money nae 3140 Caotal rectocs 397 162 Book overdraft 02 Fepenses Payable 70349 49133 others Payable to othesincludes securty depost)** os as aa 1810 Payable to employees (bonus) 1616 1750 Preference share lablity at amertsed cost 339657 agra Total 339739 3075.15. cor oT Note: ‘hare sno arount du and outstanding tobe credited to ivestor education and protection fund in he Grove. "includes * 73.46 crovesrevious yer € 70.14 cores) rom related parties Refer Note 46 inches 247 croes|prewous year 81.73 Crores) from related parties Refer Note a6Jindal Power United Notes tothe Consolidated Financial statements forthe year ended March 35,2022 25, Provisions Ton arent Tare Pariuars Note deat past deat asat arch.34,2022 Maroh31,2021 Mach 31,9082 Mach 34,2021 Provision for employee benefits Leave encashmant «2s 400 02 020 Gratuty 189 103 02 08 ‘a7 305 037 028 others others 039 04s 293 1 = Mining restoration expenses 7615 a ni « Total an 3 aes 26, other ates Sin crores Tan earent Corrent Partiulars Note “tsa Test Tat Moreh 31,2022 _Maroh34,2024, avon 34,2622 Mar 91,2884 Advance rom customers? . ansaa 28234 Secuity deposts under scheme carmployee on ra 0.08 Statutory dues 4524 3050 Advances against land 1434 a2 Payable to others = 2407 364 Total om 8.90 339556 ‘Incas € 218.00 crores (Previous year & 209.85 Crores advance adjustable agains eal estate sleconlderation and are generally not refundable, 264 Lease isbilties incrores Ton curent Caren Partials ote meat wae eat ies Maren 94,2022 Maren 32021, March 91,2922 Macc 91,2024 Tease Dabiies 5 O08 3 ‘03 ‘otal : 2.08 0.03 0.03Jindal Power Limited Notes to the Consolidated Financial statements for the year ended March 31, 2022 27. Revenue from operations in Crores For the Year For the Year Particulars Note ended fended March 31,2022 March 31, 2024 Sale of products “Sale of power 6,220.32 4579.86 “Sales (others) 394.68 287.88 Sale of services - Transmission income 1381 1881 Transport income 2653 90.69 ‘ther operating revenue 28.30 567 Interest Income from land owning companies 315.48 Gan 358. {Reconciliation of revenue recognised with contract price Contract price 6693.61 531471 Less: Discount & performance bonus (897) (16.33) Revenue from operations 80.68 298. 28 Other income in Crores For the Year For the Year Particulars Note ended fended March 34, 2022 March 31,2021 Interest income" loans 150.06 150.08 Others 315.41 31238 Other non - operating income ‘Gain on sale of investments 8.02 0.62 -Remeasurement of investments 087 04 Profit on sale of fixed assets (net) 299 175 Foreign exchange gain/(Loss) 032 01 Provision /liablity no longer required written back 037 0.86 -Other non- operating income 3.60 6.16 38.24 72.00 * Refer Note 46 for related party transactionsJindal Power Limited "Notes to the Consolidated Financial statements for the year ended March 31, 2022 29, Cost of materials consumed in Crores Forthe Year Forthe Year Particulars Note ended onded Mare 34, 2022 ‘A. Cost of Material Consumed Coal and other fuel * 2,658.03 Cost of construction 108.83 8B. Other manufacturing expenses ‘Water consumed a7o1 Oil lub and adhesives consumed 188, Chemical consumed 268 others 89.06 Total * Refer Note 46 for related party transactions March 31,2024 2,081.74 369.16, 30. Purchase of Stockin trade in Crores Forthe Year For the Year Particulars Note fended ended March 31,2022, Maren 34,2024 Purchase of stock in trade 172.68 158.13 Total 172.68 158.13 31, Changes in inventories of finished goods, stock -In- trade & work - in - progress RinCrores Forthe Your For the Year Particulars Note No, ended ‘ended March 31,2022 March 34,2024 Inventories at the end of the year Real Estate 132.09 182.85 ‘Manufacturing - 0.52 732.05 783.37 Inventory at the beginning of the year RealEstate Manufacturing Total 32. Employee benefits expenses in Crores Forte Year Forthe Year Particulars Note ended ‘ended Maron 31,2022 March 31,2024 Salaries, wages & Bonus 80.28 70.02 Contribution to provident & other funds 8.47 619 Staff welfare expenses 2.73 31.09Jindal Power Umited Notes tothe Consolidated Financial statements forthe year ended March 33, 2022 33. Finance costs ‘inCrores Forthe Year Forthe Ye Particulars Note ned ‘ended March 212032 arch 1, 2021 Interest, “Termloane| 66.7 5.23 Working capital loan 3.90 ‘s4a0 Debentures 06s ‘Unwinding interest preference shares 32534 227 others 665, 501 ther finance cost bank charges 18.48 1491 053 0.45 * Include provision for dividend on cumulative preference share for € 202.32 cares (Previuos Year Nil) 34, Depreciation and amortization expense Sincrores Parteulars Note enced ended Depreciation of tangible assets 570.72 769.85 Amortization of intangible aseete as 98 Depreciation on revaluation amount 2977 269.26 Depreciation on right to use 0.03 003 ioe? 738.22 35. Other expense incrores Particulars Note ended ‘ended |. Administrative expenses Stores, spares parts consumed 145.68 2038 Legal & professional charges 1036 roa Vehicle running & maintenance 25.48 oss Rate & taxes 24042 nee Insurance net of recovery 25.78 268 tease rent os7 068 "Net ass on foreign currency transaction & transiation oot Repair to buildings 905 oor Repair to machinery m2 46.88 Repaie & maintenance (genera) aoa, am Security expenses sot 805. Corporate social responsibilty (SR) expenses a8 an Charity & donation sox ‘Traveling expenses 096 054 Green belt expenses a a7 Electricity charges 525 459 Office expenses 2a 22.40 Provision fr bad debts/investments/other assets 524s Payment to statutory autor as statutory auditor oss. 047 for taxation matters 007 004 for other services oz 0.03 Sundry balances wetten off 24073 7831 Miscellaneous expenses 56.15, 3194 8. Selling expenses Brokerage 230 ‘Transmission charges 18275 339.98 Other seling expenses 68 326 Tie126 TaeJindal Power Limited Notes tothe Consolidated Financial statements forthe year ended March 31, 2022 36. Exceptional Items Rin Crores Forthe Year For the Year Particulars ended ‘ended March 24,2022 March 31,2024 Impairment of Goodwill 309.74 Mines aszets written off z 9087 Hydro Companies CWP provision rar Advances & CWIP written off a3 : 336.95 37. Tax expense in Crores Forte Year Forthe Year Particulars ended ended Moreh 31,2022 Maren 31,2021 current tax 64.34 an Eater year tax 0.13 (0.00 4a? a77 Deferred tax on difference between book and tax base 265 (52.25) related to PPE Deferred tax on difference between book and tax base (216.25) 538 related to others ai36i) (e587) saa) 2a) 37.2, Adéitional information Effective tax reconciliation: Numerical reconciliation of tax expense applicable to profit before tax tthe latest statutory enacted tax rate in India to income tax expense reported is as follows: Forthe Year Forthe Year Particulars ended fended March 24, 2022 Maren 33,2024 Net profit / (Loss) before taxes 980.48 (956.25) Enacted tax rates for holding company 34940% 34944% Computed tax expense 344.02 (634.15) Inrease/{reduction) n taxes on account of: Deferred tax asset not created on losses 193 1,090.69 Expenditure disallowed (219.76) : Earlier year tax 043 Inter Company adjustment (2.07) : MAT credit entitlement (nt) (210.91) Current tax expense 54.34 477 Deferred tax charge(net) (213.61) (790.47) Difference in tax rate (12.85) (12.94) Income Not considered for tax purpose (1.36) {as.14) (230)Jindal Power Limited Notes tothe Consolidated Financial statements fo the year ended March 31, 2022 38, Items that will not be reclassified to profit ot loss in Crores For the Year For the Year Particulars Note nded ended March 3, 2022 March 34,2021 Remeasurements of the defined benefit plans 0.05 (0.13) 005 a3) Less: Income taxon above (oo) 0.08 0.05 10.09) Total 39. Earnings per share ‘The following is areconclition of the equity shares used inthe computation of basic and diluted earnings per equity share: For the Year For the Year Particulars ‘ended ‘ended March 31, 2022 March 32, 2021 Number ofissued equity shares 1,348,800,000, 1,348,800,000 AGG! Less: adjustments Weighted average number of equity shares in calculating diluted 1 302 00000 1 3ue so0000 EP5(A) Net proft/(toss) avallable to equity holders ofthe Company used inthe basic and diluted earnings per share was determined as follows: in crores Forte Va Forthe Year Particulars ‘ened ended arch 34,2022 March 31,2021 Profit attr tax 1033.67 (21230) A Less adjustments Profit as per statement of profit & loss (for cleulation of baste & cited 5 8) 1,033.67 (91230) Basic earnings per Share) (8/8) 786 (678) Diluted earings pe Share (8) (8/A) 765 (676) ‘The number of shares used in computing basic EP is the weighted average number of shares outstanding during the period. ‘The dled EPS is calculated on the same basis a basic EPS, ater adjusting for the effects of potential dilutive equity.Jindst Power United Notes tothe Consolidated Financial statements forthe year ended March 3, 2022 incrores GGuaramass, Undertakings Comore Guarantee and cemton of equtable morse : e000 Demand (fete extent not prowded for) {a)inrespect of cerain dealowance made by nce tak Authoty, 942 2027 ‘peal ar pending before the Appellant authority and 2djstrent/demand any, willbe made after the same ae aly ‘etermined (2) Disputed demands/rotice-royaty and cortbtion 1084 2068 lo teciicy duty (eer nate} 495.53 ss7a1 {6} snvronmentl Orand|refe note 2) ssaa0 35840 {€) claims agunst the company no ackrowiedged as deb (refer net 3) 2 a1 Notes: 1) The Company, a8 a matter of prudence, as pe the pat practic til dae 31 March, 2015, hd recognied an expense on account for diepted demand of elecrcty duty of amounting to€ 280.9 Cote. Ourng the year the company har ecogieed an expense of € 192.56 Cr towards elect Duy. The Company has challenged the vat of demand mae by the Government of Chhatsar in Court, whieh le pending for decison. Considering the present statu ofthe case, management has not recoginad intrest onthe elaccy duty & 195463 Crores from 2015-16 to 2021-22 and dloed the same under contingent abit ding FY 2023-22 18) Che Eletal inspector has raged the demand amounting € 1750 Cores of eat duty on 4°600 RAW as pe the tai appcble forstar-up power whereas the Company s pala as he tif appliabe for EMT industrial power consumes pcolded by CEB Rate for startup is more than EHT power consumer). Che electrical inspetr Is derarding the electric duty on KVAR whereas the company is Davng on KWH basis, The Company ha taken a Provision of € 17.50 Crores during F¥ 2020-23, Nationa Geen Tbural vide ts order dated 20 March 2020 has ralsed demand of € 154.80 Crores for Non-compliance of MOEF gudeines with espact to forceful acquition of lind, diversion of fret and, crease of ming cacy without par learancs and averse pact ‘9 habation dv to barng and aie polon The Company has fled an appeal before the Honourable Supreme court challenging the loxder of NGT and gt stay on the same. The Company i ofthe vew tht these charges ae nat vlé and the company has 9 song, provabity of favoursble outcome inthe appa fled befor the Honourable Supreme Court. eran other adtional matters and inducing lan tigations which are under pute but which ace rot acknowledged as debt by one ofits subsidiary in crores ren 36-2022 Maren 32024 “Tnntmant a eatnated bye mmamemea Essmated amount of contract remaining tebe excated on capital account and not provided fr. . ° eur soa others - - The Company has declared succesful bidder for acquisition of Simhaput Energy Limited which was on liuldation proces In accordance ith he provision of insolvency and Bankrupcy Code 2016 for consideration of € 335 Ce aut of which company has pid 16.75 Caring {he year. Sinbapur ergy inited slate in Nelore District of Andra Pradesh and having 4 Unis of 150 MW Each.=m Sp ase pave — arte Gemma fats pd tee ntect ne ‘tsi eae wont okt aoe Ds Ma srg oe eso moernc nantes ne ‘arty ncaa price rc at nat paneer ganesh pecea ete rakes mains anrns er arate fae tetera ae SIMO sn tog nm tnt hin ttn nr pp Pt ea emt a Ferenc ‘Seared stn bene athe ant tai etc nce ncn ene lin pte Biinciedariqsanmes eigen am tata ena te ap * ean = au soit Sree soe osm Sera se amir ars aa ut dr a 25 rm ime rd edThetcnne tcc mat of movers nate ter ohare a ey te ptr anon oss a noe (0 etree recs Manders) ance] Xettnn| avcet nen] aan x hts wen “| se emetic dese ar nn) toon] “hoe Ss] toms sey Prone sense we rom borrowings 63 vest of changes in rar ten Tse] Berea Bo Fara] —— Tapa on Petre as] = = Gass] atl tance Tara Foran cane sy (6 ea TS gn he ever hi mr nev ed ara the se pes to mae soJindat Power Limited Notes to the Consolidated Financial: ch 31,2022 ‘4, Capital Management The primary obecve of the Company's capital management isto maximize the shareholder vale and also maltaln an optimal eaptalsructre to reduce cst of capital In order to manage the capital suture, the Company may adjust the ‘snout of ddend paid to shareholders, retumn on aptato shareholders, sue new o sll assets to reduce dais, The Compary monitors capital sing gearing ati, which is nat debt cde by total cata Hin croves March 31,2022 March 31,2023 bebe 457552 635878 Cash and cash equivalents & other bank balances Gama (51.65) Netoebe 378223 600733 Total equity 5,576.96 584258 Net debt to equity ratio (gearing ratio). a173%6 son ()_ Debts defines ong tor and short term borrowings inclusing current matures (exuding derivatives) as described in note 2 (Teta equty (as shown in balance sheet inches sued capital nd allother equ eserves (u) n onder to achieve this overall objective, the Group's capital management, amongst ater things, am to ensure that ‘meets fnancal covenants attached to the interest-bearing loars and boromings that define capital suture raqremens ‘Breaches in meeting the nancial covenants would parmi the bark to immediatly cl lore and borrowings. There have been no breaches ofthe financial covenants of ny hterest bearing leas and borrowing or ported perscraton Scone ‘sss ei ay nana in iy ni inde “Neots 1 ta pssconnthfoong bite dum | neo efor ro [rosso 1 [ane aa Sesto ae a os 1 fpr Tessar —— 15 farmoenopenbcte coms se | Oe nding reer nd na npg 2 yng (plane ttre met frnnrezvcerie sana.) [mappa wn ase 336 [ear secr (ng) [inane (wet mo 205 ltinecwcre tna lire ac eynsapinn enndaie Sh fu [stat > anton wee 12 feinteammnne reser ats Ure res Poveda has aS {nina iene etn cee one ons {aaa instore fsa hye, 2 laa sap a ne e020 feces orm oh craters Camryn tn oa faa Gc py Unk ne omesta tans tee on Cp re ei Ba rove [snr yr nies ey tant 1 frotsneme loreasnen nox rowenta epee toa rome berate linn Powertrain Irten Kons ety eye et 20 ne 220 fc unan nn anu Tose free noe corres tw a rca aman yamtice font opine ek 53 fone acral yas oro pee Pon ol an rid 3.8 fener apan cop Pride 8,29) [secrotmrereewen tein nee 9 wept 200 a» fea fina nay nad a No 28 fb 20) 1 ewe fotinas ee imeee wet hemo 3 fue [anateam onan ted tig 200 oe fst re Tantcprinnahnat oa tarot [sw deuannt yee owe conan Umea cesbes 12 [eons same lanes rnw ness ano Fowth En, Hs}1 taper ainda pn een tn arg a Har 5 Mette hn inate mre 2 Munnar ut 1 Fane tata ema 2 Bayan {2 Foren 4S Gomamenn hase 5B stat 1 bedane anne ce 5 Sempron 2 Soetoro B Secrbaeeanci, 3 putea mene 2 Sowscuaeonh 3 ninotee nes 18 sone btset re 2 tatemenan 8 spencers 3 tate caanasteenwi i onare [anor wee svi, seest [eres a ae PaaS SIRE TBANG| RE TESTE | ROE TEE a RTATR TaeamaT suoppsuen Kued B49 aoe Te oven pops ak ay aus eeu parepyosien wy 1 oN, Pew smog epuunde go Se Hse see TaD seeNAY de FN ze st wu iu (psu / edo uze wee svt rest ovr 108 hoe we oe ooze vee over oor over over 69 oom * ee aout laseen) evour : : ee favo we ooo an eco aa cs ive ver wa oer owe seer oor erst cess |ursey ow ise 60 veo we fe wo 195 00 reo as cove zwar : co woe ose ass avste 95 pur joates wou aon rez yor ee soot So 9 15-93 x0 wo purr sot ows eves lp e> 2) 0080 a5 seu eso we 96 : - (roc eunspeed Jo 8084 TOC TEDAN | FOETEwRA | raREAN [ezor Teen | Tene TEN | OE TEN papa pve ‘pu P03 apo or a) ‘og pjouuannd yousaevew seuepsans mowed wonahose| oh poyonucs saat TamoaaT sua piesa ame wonoesues, _ze0e"Te oven popu ok 2 9} uous eputa POEDIEAUOD wc OH ‘oun samoatePt-7mplyes Dein ecoréance with Aecounting Sand nd A538). [A The Gupta dined bei grat tn Ey wnpoye wh at amped feet or mae faerde gta ratyon 2 np ary lt rau la fr ea coped yer ere - [eincrores) Taapany a conbaion warden RTECS Sot omoanycontbation ater kng ox elo tbe st forth he cing a te proce Rens bls and pln ants nd cuts eogne nthe Glace Shee 83 33 Movement n blton incre Sty cnasment Freer aietageon OTR oe Tor Aegis /wasternranterout Beets paid ean (036) Remesswemert- cara ese on 027 Fresent nus of lgpton 31 March 2081 1 a Asner esr os refit ed (078 ro) Chagrin fiancil asmgins (eos) (ox) femesstemert tara oes (008) bie Fretent vas of bigatan 31 Moreh 2027 a 13 Tay Taeteeshert Torthe Yaar forthe Year Forte ar forthe Year Mar 9,2022 Mae 31,2021 March, 2022 Mar 3, 2022 erin stern Ye nd Senet Pot (os tun on ln atts reste Ve than dicount te 200. ‘etfundedseus ofr Gar ty citer fetierescost (oom ox Feethe yar ended 31 uch, 221, ot toe Change tard assunotions ea) Rermenuremen- Aces eet) ass feetne year andes 3 Much, 2022 aSins Power Unies Noteta the Cnsoldsted Fnac tatments forthe yar ned March 33,202. acopntedin Other Corben income sincroee Grier neasteeet Tameaacenent- ral ones) Remesiverent- Act oa feeth yesrended 3 March, 202) co ‘Te pip aun suposed or estimating the rons dined bend obgatons eset outa aa aT \Wojpntag serge acl aeumpione aw aeat mee ext mach a2 32 Nee 2021 autre 2022 Da. mre 2001 peed Rateof nese insane ‘o% sok so sete ese Ratetinstc on gan see ‘The espin of au sy nei ats nto acount he natin, ly, poate a terest uch sop an Ccomanainenpeymartntet Same imptons ware condere ft compat pride 202022 Sens ants Petia Cranein tactonGraaey assumption oben Deca te oo as os. ax fateyere x = wa Sale Grweh ate oe i a6 w “The sve ent sas ed on change an auton wile ling l ster ezunzten conta In prc, he eu 6 ‘uur and hanger insane fe ssurpons may Cece When el ety ae Genes beret Oberon seat {ural somptons the sume method (ajred un ced matod has bent aed when clang he gefioed teal ogaton stort onparinc dusment a ftw: Sincrors airs Geoity _tveashment Panties fosVin | as on Pan sets esa Forthe yar ended 3 ae 20 Pon sites Yossie em 8 andes ee"ote to the Conaideted Faria statement forthe yer ened May 3, 2022 statement ofemployee bent rowon ‘Yaarendeda Year endod 3 ia ts tor “Thefallonng tte sets outa unde att plan ang amc coy he Grau Bence See. amentand non crest poser Grattan ate neha incre eau ee “Toulprvsion ior aloe benef ‘incioree Yearended Yasar enn Men 020 Condotel an “7 8 Wala egenes 27 oe “Cetus pte of dere ert ply, Remmesnremer uae on deinedbenet Bess shown under other compere ‘nearest tat wi tbe elsif opr ros an so tena ox ton tesa, {eave archers cenit nar cshr tem empayesbenal ‘rsentationin Staten of Profit & ot and lnc Shot Engen fo Serve art net eet ont dated tenet ally asses age Semen of Prof ats IND AS: dot requre erraton of provlonn cert ng norcirent however ete bee abyss) sown a ur and ‘carat for sn em bene ve ecaet con shown as erent and once provson blac sheet ‘en thse tran dena banat plan Gro request mente the et ied Went ete owe te SPS ate {sinus bene an and the st cing termined ing the out te pe. mat yd 2 een he epeing eil on ‘epnermanttend hse apleblar the domes compte. ‘The Group sess hese upton with spotted lngtm plans of oth and reales indy andr. The moray aes sed are poled by onaohe lenge azaneeconpuies innJindal Power ited "Notes tothe Consolidated Financial statements forthe year ended March 23, 2022 48. Operating segment reporting ‘The Group Companys primarly engaged inthe busines of Energy Spectrum: thermal, hydro and renewable (Refer Note 2). Considering the nature of Company's business and operations, there are no separate reportable segments (business and/ of geographical) in accordance with the requlrements of indian Accounting Standard 108 ‘Segment Reporting. The Chief Operational Decision Maker monitors the operating results as one single segment forthe purpose of making decisions about resource allocation and performance assessment and hence, there are no addtional disclosures tobe provided other than those already provided in the financial statements. ‘The following table provides an analysis ofthe Company's sales of each product & service to external customers in Groras Forthe Year] For the Year] Particuar ended ended ‘March 31,2022| March 31, 2023 Revenue fom Power & Transmission Services 5239.13, 4598.67 Revenue from others 551 99.71 [rotal* 5584.64 320838 ‘The entre revenue of the group s recognised “at a pont in ime" in accordance with INDAS-115, Information about Geographical Segment “The Company's operation ae located in india. The following table provides an analysis of the Company's sales by geography ln which the customer is locate, itrespective of the ocigin of the goods Tin Groves For the Year] Forth Year Particulars ended] ended) ‘March 31,2022| March 34,2023 [Revenue from operations in naa 6,584.68 5298.38 loutsise india [etal Soe Saas in crores For the year particulars ended ended Maren 33, 2022| _ 31 Mar, 2023 Inon current Assets (Excluding Investment) In inaia 10,909.16 11,648.15 loutsde india rota a0. TeesJindal Power Limited Notes to the Consolidate Financia statements forthe year ended March 34,2022 in roves Forthe Year] Forthe Yea] Sno.| Partleuars ended ended ‘March 31,2022| _ March 31,2023 [i [Segment Revenue [a Power & Transmission Service ene 259857 [o) others 285.51 693.71 [Net Sales/income from Operations 5508.66 5298.38 lz [Segment Resuits(Profi()/Loss-) before tax and interest [a Power &Transmision Service 14330 oe Ie) others 26.26 30.0 [etal a0.s6 320.72 Les: [tu Finance cost 2053) (aoz5) ty atrest income 465.87 452.43, i Other unalocable expenditure : 1 Exceptional tems 93695) [Total Profi before tax (956.25) Sincrores Forthe Year| For the yea Sino.| Particulars ended ended! ‘March 31,2022| 31 Mar, 202) Ir [Segment Assets [) Power & Transmission Service aos Tea7088 [eyorhers 3,808.40 1575.24 Total assets Tasso T3462 C 22 [Segment uabintios a) Power & Transmission Service Bass.6 2591.95 [ey ohers 1.07.07 70.41 (Unallocated = etal abies woe 7203.35Jindal Power Limited ‘Notes to the Consolidated Financial statements for the year ended March 31, 2022 49. Impairment Review Goodwill is tested for impairment annually or whenever there are any indicators for impairment. Other assets are tested for impairment whenever there are any internal or external indicators of impairment. Impairment test is performed at the level of each Cash Generating Unit (‘CGU') or groups of CGUs within the Group at which the goodwill or other assets ‘are monitored for internal management purposes, within an operating segment. The Impairment assessment is based on higher of value in use and value from sale calculations. During the year, the testing did not result in any impairment in the carrying amount of goodwill and other assets. The carrying amount of goodwill has been allocated to the following CGU/ Group of Cus: Sin Crores Asa As at| \ccu/Group of cou's /sroup March 31, 2022| March 31, 2023| Power 234 834 eal Estate 43.76 43.78 The measurement of the cash generating units’ value In use Is determined based on financial plans that have been used by management for internal purposes. The planning horizon reflects the assumptions for short to mid-term market conditions Key assumptions used in value-in-use calculations: = Operating margins (Earnings before interest and taxes) = Discount Rate = Growth Rates Capital expenditures Operating margins: Operating margins have been estimated based on past experience after considering incremental revenue arising out of adoption of valued added and data services from the existing and new customers, though these benefits are partially offset by decline in tariffs in a hyper competitive scenario. Margins will be positively impacted from the efficiencies and initiatives driven by the Group; at the same time, factors like higher churn, increased cost of operations may impact the margins negatively. Discount rate: Discount rate reflects the current market assessment of the risks specific to a CGU or group of CGUs. The discount rate is estimated based on the weighted average cost of capital for respective CGU or group of CGUs. Growth rates: The growth rates used are in line with the long term average growth rates of the respective industry and country in which the Group operates and are consistent with the forecasts included in the industry reports. Capital expenditures: The cash flow forecasts of capital expenditure are based on past experience coupled with additional capital expenditure required.(ror ovo aro (sr) 860 wo (sr) @ee) e60 wo - - = 000 000 er wt : : . anuanay svo sv ust ost svo szo ozo szo 9x0 9zo 2sas01u1 Buyjos.uo> vou pareypuinary aso. wesve — seeswe © Mayo © maNOZ «MOUSE «ODS MoDGZ = ODS MOST OUT Buyjonue>-vou fa prey dusiaumo jo aeauaasag Tost ose ose ose oot oor cor oot oot oot Aunty to ora sor ave vro 900 sto 9vo v0 00 - oo ovo 00 200 wo sro #00 veo ws owe ver ewer wo seo 80 oro eo so a a) zo 300 900 oro wo se0 v0 ‘9558 u911n>-UON, sossy wore eae Te waowte ~~ eee 'Te~*EORE:SC*~«OTE~S~CCOR TESCO T~S~*CMOTES~C«O TE wprewesy wae iesy ow mod e2U) wD Uy WIEN IE SY _YDIEW IE Sy _YBIEW Iesy GaIEWIESY YDIEWIesy yueW Ie SY YUEWIESY _YoueW IEsy “pn Avene) ir Auediwo> samog pay AUedWO> JOMOd i Auedwo Buypess iamog snoniquy 219913 opal ejewey 2499913 ONPAH WHS] _—_s9Med 219913 OUPAH HUN 'Smojjo} se 5) sis01890) BuyonUOS-UOU [eUByew BUABY SOLEIISGHS yo UOABUNG siejponieg Tebueuy pazaeuTuNS ‘$7 04 20N Ul yno os ae SAUMUR IO! {enaio au Ag prey 2 joumo jo ofequasied pue sapiande jeduUd ‘uonesodio>u) Jo Anunoa/uonesado yo a2e¢ jedpuLg) sje.ap a4) famod upon pe 1s9:004 sannug sno ul soso 05 7202 ‘Te Y>seW popus seak ayy 104 syuoUIayeRS JeDUeUL pare 109 24103 5810N Ponwir] somog yepulrJindal Power Limited Notes to the Consolidated Financial statements for the year ended March 31, 2022 51. Foreign Exchange transactions © in Crores For the Year Forthe Year Particulars ‘ended ended Expenditure in Foreign Currency ‘March 31, 2022 March 31, 2021 expenses 07 - Professional & consultancy charges : 34 Royalty on Imported Goods oa7 Total 0.28 3.25 52. Consumption of Stores & Spares Zin Crores For the Year For the Year Particulars ended ended March 31, 2022 March 31, 2021, Indigenous 145.51 4038 Imported 0.7 - Total 145.68 40.38 53. C.LF Value of Imports Zin Crores For the Year For the Year Particulars ended ended March 31, 2022, March 31, 2021, Coal = 2134 Other Goods 05 Total 21.50 54. Corporate social responsibility expenses in Crores For the Vear For the Year Particulars ended ended March 34,2022 March 31, 2021 Gross amount required to be set by the Company ‘Amount incurred during the year on Construction/Acquisition of any Assets 7 . Any other Expenditure 4.88 473 Total 4.88 473 Shortfall - ~ Details related to Spent Obligation Contribution to Public Trust Contribution to Charitable Trust 4a7 467 Others ot 0.06 Total 4.88 473‘inal Power United ‘ots tothe Consolidated Financial ttement forthe oor ended Mach 33,2022 [55 The Company, ts Holling Company and other group companis hae led review pethions before the Ho's Supreme Court of nda eskng ‘vow of the Order dated 2 Seprember 20:4 eating to eanelaton of locaton of ca blocks, v2. Gar Pala V2 Gare Pala NV inthe Stat of Coattigih rade onal iy of €295 per MT agains coal extracted Consequent to above, atonal levy of € 1185.20 Crores feomputns @ € 295 per MT against the coal dpa slanted secon pots col etraced hasbeen pi Post cancelation of mines a tated in para above, the Company had won the Cos! miner Bide on 19 February, 2015 & OF March, 2015, howeve, he actin of the 134 coal mines were rected bythe rominated anon appointed by Govertnent of id, canseauence where! the Cmmany it operating above cai block pte 31 Mares 2015) 5% The Board of Director's on its meting held on date 2604202 had accorded consnt with regard to Share Purchase Meremant (SPA ta be executed among sda Power Linda Steel & Power Umted (1S") and Wordone Privat Listed WR") forthe ane ol SPU entre aut sake inthe Company to We ("Dvestmen}. However SPL reited te aneaton du to certain subsequent developments "Now On 6th August the Board of SL has appreved the dvestment of eire sake, oth Equity Shares and Preference Shares, oP Dy way of ale of Equty Shares and Preference Shares, to WPL, = Promoter Group Company and cle party tothe Company, or an ageregate onsieration of NR 7201 crores pay by way of ash consideration of €3015 eaves and ary by way of WPL taking over ane aeurng ll the "bites and obiatons i elason to he inte

You might also like

• The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life

  

  From Everand

  The Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life

  Mark Manson

  Rating: 4 out of 5 stars

  4/5 (5813)
• The Gifts of Imperfection: Let Go of Who You Think You're Supposed to Be and Embrace Who You Are

  

  From Everand

  The Gifts of Imperfection: Let Go of Who You Think You're Supposed to Be and Embrace Who You Are

  Brene Brown

  Rating: 4 out of 5 stars

  4/5 (1092)
• Never Split the Difference: Negotiating As If Your Life Depended On It

  

  From Everand

  Never Split the Difference: Negotiating As If Your Life Depended On It

  Chris Voss

  Rating: 4.5 out of 5 stars

  4.5/5 (844)
• • Magazines
  • Podcasts
  • Sheet music
• Principles: Life and Work

  

  From Everand

  Principles: Life and Work

  Ray Dalio

  Rating: 4 out of 5 stars

  4/5 (608)
• The Glass Castle: A Memoir

  

  From Everand

  The Glass Castle: A Memoir

  Jeannette Walls

  Rating: 4.5 out of 5 stars

  4.5/5 (1716)
• Grit: The Power of Passion and Perseverance

  

  From Everand

  Grit: The Power of Passion and Perseverance

  Angela Duckworth

  Rating: 4 out of 5 stars

  4/5 (590)
• Sing, Unburied, Sing: A Novel

  

  From Everand

  Sing, Unburied, Sing: A Novel

  Jesmyn Ward

  Rating: 4 out of 5 stars

  4/5 (1104)
• Hidden Figures: The American Dream and the Untold Story of the Black Women Mathematicians Who Helped Win the Space Race

  

  From Everand

  Hidden Figures: The American Dream and the Untold Story of the Black Women Mathematicians Who Helped Win the Space Race

  Margot Lee Shetterly

  Rating: 4 out of 5 stars

  4/5 (897)
• Shoe Dog: A Memoir by the Creator of Nike

  

  From Everand

  Shoe Dog: A Memoir by the Creator of Nike

  Phil Knight

  Rating: 4.5 out of 5 stars

  4.5/5 (540)
• The Perks of Being a Wallflower

  

  From Everand

  The Perks of Being a Wallflower

  Stephen Chbosky

  Rating: 4.5 out of 5 stars

  4.5/5 (2104)
• The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers

  

  From Everand

  The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers

  Ben Horowitz

  Rating: 4.5 out of 5 stars

  4.5/5 (348)
• Bad Feminist: Essays

  

  From Everand

  Bad Feminist: Essays

  Roxane Gay

  Rating: 4 out of 5 stars

  4/5 (1018)
• Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future

  

  From Everand

  Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future

  Ashlee Vance

  Rating: 4.5 out of 5 stars

  4.5/5 (474)
• Her Body and Other Parties: Stories

  

  From Everand

  Her Body and Other Parties: Stories

  Carmen Maria Machado

  Rating: 4 out of 5 stars

  4/5 (822)
• The Outsider: A Novel

  

  From Everand

  The Outsider: A Novel

  Stephen King

  Rating: 4 out of 5 stars

  4/5 (1850)
• The Emperor of All Maladies: A Biography of Cancer

  

  From Everand

  The Emperor of All Maladies: A Biography of Cancer

  Siddhartha Mukherjee

  Rating: 4.5 out of 5 stars

  4.5/5 (271)
• The Sympathizer: A Novel (Pulitzer Prize for Fiction)

  

  From Everand

  The Sympathizer: A Novel (Pulitzer Prize for Fiction)

  Viet Thanh Nguyen

  Rating: 4.5 out of 5 stars

  4.5/5 (122)
• Angela's Ashes: A Memoir

  

  From Everand

  Angela's Ashes: A Memoir

  Frank McCourt

  Rating: 4.5 out of 5 stars

  4.5/5 (441)
• Brooklyn: A Novel

  

  From Everand

  Brooklyn: A Novel

  Colm Toibin

  Rating: 3.5 out of 5 stars

  3.5/5 (1947)
• The Little Book of Hygge: Danish Secrets to Happy Living

  

  From Everand

  The Little Book of Hygge: Danish Secrets to Happy Living

  Meik Wiking

  Rating: 3.5 out of 5 stars

  3.5/5 (401)
• A Man Called Ove: A Novel

  

  From Everand

  A Man Called Ove: A Novel

  Fredrik Backman

  Rating: 4.5 out of 5 stars

  4.5/5 (4610)
• The Art of Racing in the Rain: A Novel

  

  From Everand

  The Art of Racing in the Rain: A Novel

  Garth Stein

  Rating: 4 out of 5 stars

  4/5 (4203)
• A Tree Grows in Brooklyn

  

  From Everand

  A Tree Grows in Brooklyn

  Betty Smith

  Rating: 4.5 out of 5 stars

  4.5/5 (1929)
• The World Is Flat 3.0: A Brief History of the Twenty-first Century

  

  From Everand

  The World Is Flat 3.0: A Brief History of the Twenty-first Century

  Thomas L. Friedman

  Rating: 3.5 out of 5 stars

  3.5/5 (2259)
• Steve Jobs

  

  From Everand

  Steve Jobs

  Walter Isaacson

  Rating: 4.5 out of 5 stars

  4.5/5 (807)
• The Yellow House: A Memoir (2019 National Book Award Winner)

  

  From Everand

  The Yellow House: A Memoir (2019 National Book Award Winner)

  Sarah M. Broom

  Rating: 4 out of 5 stars

  4/5 (98)
• Devil in the Grove: Thurgood Marshall, the Groveland Boys, and the Dawn of a New America

  

  From Everand

  Devil in the Grove: Thurgood Marshall, the Groveland Boys, and the Dawn of a New America

  Gilbert King

  Rating: 4.5 out of 5 stars

  4.5/5 (266)
• A Heartbreaking Work Of Staggering Genius: A Memoir Based on a True Story

  

  From Everand

  A Heartbreaking Work Of Staggering Genius: A Memoir Based on a True Story

  Dave Eggers

  Rating: 3.5 out of 5 stars

  3.5/5 (231)
• Team of Rivals: The Political Genius of Abraham Lincoln

  

  From Everand

  Team of Rivals: The Political Genius of Abraham Lincoln

  Doris Kearns Goodwin

  Rating: 4.5 out of 5 stars

  4.5/5 (234)
• Yes Please

  

  From Everand

  Yes Please

  Amy Poehler

  Rating: 4 out of 5 stars

  4/5 (1898)
• The Woman in Cabin 10

  

  From Everand

  The Woman in Cabin 10

  Ruth Ware

  Rating: 3.5 out of 5 stars

  3.5/5 (2521)
• Fear: Trump in the White House

  

  From Everand

  Fear: Trump in the White House

  Bob Woodward

  Rating: 3.5 out of 5 stars

  3.5/5 (738)
• Wolf Hall: A Novel

  

  From Everand

  Wolf Hall: A Novel

  Hilary Mantel

  Rating: 4 out of 5 stars

  4/5 (3811)
• John Adams

  

  From Everand

  John Adams

  David McCullough

  Rating: 4.5 out of 5 stars

  4.5/5 (2409)
• On Fire: The (Burning) Case for a Green New Deal

  

  From Everand

  On Fire: The (Burning) Case for a Green New Deal

  Naomi Klein

  Rating: 4 out of 5 stars

  4/5 (74)
• The Light Between Oceans: A Novel

  

  From Everand

  The Light Between Oceans: A Novel

  M.L. Stedman

  Rating: 4.5 out of 5 stars

  4.5/5 (789)
• Manhattan Beach: A Novel

  

  From Everand

  Manhattan Beach: A Novel

  Jennifer Egan

  Rating: 3.5 out of 5 stars

  3.5/5 (792)
• The Constant Gardener: A Novel

  

  From Everand

  The Constant Gardener: A Novel

  John le Carré

  Rating: 3.5 out of 5 stars

  3.5/5 (104)
• The Unwinding: An Inner History of the New America

  

  From Everand

  The Unwinding: An Inner History of the New America

  George Packer

  Rating: 4 out of 5 stars

  4/5 (45)
• Rise of ISIS: A Threat We Can't Ignore

  

  From Everand

  Rise of ISIS: A Threat We Can't Ignore

  Jay Sekulow

  Rating: 3.5 out of 5 stars

  3.5/5 (137)
• Little Women

  

  From Everand

  Little Women

  Louisa May Alcott

  Rating: 4 out of 5 stars

  4/5 (104)
• Physicswallah Pvt. LTD.: Tax Invoice

  

  Document1 page

  Physicswallah Pvt. LTD.: Tax Invoice

  Raghav Agarwal

  No ratings yet
• Voltas Annual Report 2021-2022-184-189

  

  Document6 pages

  Voltas Annual Report 2021-2022-184-189

  Raghav Agarwal

  No ratings yet
• Ilovepdf Merged

  

  Document5 pages

  Ilovepdf Merged

  Raghav Agarwal

  No ratings yet
• Rupa - Annual - Report 2022 198 202

  

  Document5 pages

  Rupa - Annual - Report 2022 198 202

  Raghav Agarwal

  No ratings yet
• Sample Paper - Merged

  

  Document58 pages

  Sample Paper - Merged

  Raghav Agarwal

  No ratings yet
• EnglishCore-MS Merged

  

  Document69 pages

  EnglishCore-MS Merged

  Raghav Agarwal

  No ratings yet
• Ilovepdf Merged

  

  Document3 pages

  Ilovepdf Merged

  Raghav Agarwal

  No ratings yet
• BST Project

  

  Document46 pages

  BST Project

  Raghav Agarwal

  No ratings yet