Q2 2024 Ge Power India Ltd Earnings Call Transcript

Nov 09, 2023 / 11:30AM GMT
Operator

Ladies and gentlemen, good day, and welcome to the earnings conference call of GE Power India Limited. With respect to its financial results for the quarter ended on September 30, 2023. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Prashanth Chiranjivi Jain, Managing Director. Thank you and over to you, sir.

Prashant Jain - Ge Power India Ltd - Managing Director, Executive Director

Very good evening. A warm welcome all of you for joining the earnings call. I have my team with me today to address the financial results for the quarter through first half of the financial year 2024. I will touch upon the global economy where the global energy sector is making significant strides towards receiving net zero by 2050, despite an actual increase in power related emissions in 2022.

As reported by IEA, emissions were 1.3% higher than the previous year, retail 13.2 gigawatt tons CO2 in the power sector. Moreover, with August 2023 recorded as the hottest globally, this year is expected to

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