Anzen India Energy Yield Plus Trust

Anzen India Energy Yield Plus Trust Expands Solar Portfolio – Key Financials & Market Insights 🌱📊

- Acquired 74% stake in 12 Solar SPVs for INR 12,463 Mn in FY 2026.

- Total Fair Enterprise Value: Transmission Assets (INR 25,220 Mn), Solar Assets (INR 49,125 Mn), Combined (INR 74,345 Mn).

- Solar SPVs have 25-year PPAs, retaining asset ownership (excluding leasehold land).

- India’s renewable energy capacity (excluding hydro) rose from 198.75 GW (FY24) to 274-275 GW by March 2026.

- Hybrid solar-wind capacity doubled from 5 GW (2023) to 18-20 GW by 2026, representing 50% of awarded renewables.

- India achieved 50% non-fossil fuel power capacity in 2025, ahead of 2030 target.

- Standalone NAV (Mar 31, 2026): Book Value (INR 26,706 Mn), Fair Value (INR 31,908 Mn).

- Consolidated NAV (Mar 31, 2026): Book Value (INR 20,345 Mn), Fair Value (INR 31,908 Mn).

- Key SPVs: DMTCL (EV: INR 14,415 Mn), NRSSB (EV: INR 10,805 Mn), SOUPL (EV: INR 15,595 Mn).

- WACC ranges: Transmission SPVs (7.50%-7.64%), Solar SPVs (7.56%-8.35%).

- India ranks 3rd globally in solar PV deployment (150.26 GW by March 2026).

- Solar tariffs in India are at or below grid parity, making it the most cost-effective new electricity source.

- Government initiatives include 100% FDI, ISTS charge waivers, and INR 26,500 crore MNRE allocation (2025-26 Budget).