NTPC Integrated Annual Report 2023-24 PDF

## NTPC Integrated Annual Report 2023-24 ### 13. Environmental Compliance NTPC is compliant with applicable environmental law/regulations/guidelines in India. ### 1. Water Withdrawal Consumption and Discharge In Areas of Water Stress (in Kilolitres) | Parameter | FY 2023-24 (Current Financial Ye...

## NTPC Integrated Annual Report 2023-24 ### 13. Environmental Compliance NTPC is compliant with applicable environmental law/regulations/guidelines in India. ### 1. Water Withdrawal Consumption and Discharge In Areas of Water Stress (in Kilolitres) | Parameter | FY 2023-24 (Current Financial Year) | FY 2022-23 (Previous Financial Year) | |---|---|---| | Water withdrawal by source (in kilolitres) | | | | Surface water | 5924938658 | 5570362775 | | Groundwater | 359086 | 550000 | | Third party water | 455000 | 179101800 | | Seawater | 168757000 | 3351358 | | Rain Water | 4130017 | 5753365933 | | Total volume of water withdrawal (in kilolitres) | 6098280676 | 1043186029 | | Total volume of water consumption (in kilolitres) | 1043186029 | 987040310.1 | | Water intensity per rupee of turnover (water consumed / turnover) | 0.58 | 0.54 | | Water discharge by destination and level of treatment (in kilolitres) | | | | Into Surface water | | | | No treatment | 4889800783 | 4410800000 | | With treatment - Primary & secondary treatment | 512441 | 914400 | | Into Groundwater | | | | No treatment | 0 | 0 | | With treatment - please specify level of treatment | 0 | 0 | | Into Seawater | | | | No treatment | 155256459.9 | 117340000 | | With treatment - please specify level of treatment | 0 | 0 | | Sent to third-parties | | | | No treatment | 0 | 0 | | With treatment - please specify level of treatment | 0 | 0 | | Others | | | | No treatment | 0 | 0 | | With treatment - please specify level of treatment | 0 | 0 | | Total water discharged (in kilolitres) | 5045057243.29 | 4529054400 | ### 2. Total Scope 3 Emissions and Intensity | Parameter | Unit | FY 2023-24 (Current Financial Year) | FY 2022-23 (Previous Financial Year) | |---|---|---|---| | Total Scope 3 emissions (Break-up of the GHG into CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, if available) | Metric tonnes of CO2 equivalent | 3266221.74 | 4359388.78 | | Total Scope 3 emissions per rupee of turnover | Metric tonnes of CO2 / () | 0 | 0 | | Total Scope 3 emission intensity (optional) - the relevant metric may be selected by the entity | gCO2/kWh | 7.74 | 10.97 | Note: Indicate if any independent assessment/evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency. Yes, assurance has been conducted by Bureau Veritas. ### 1. Impact on Biodiversity in Ecologically Sensitive Areas All the power projects of NTPC have been provided with pollution control and environmental management systems. Further, the activities of the projects have no direct interfaces with these areas. Hence, the impacts on biodiversity of such areas is insignificant. ### 2. Specific Initiatives to Improve Resource Efficiency Information on this topic can be found in the Integrated Annual Report under Natural Capital, or on the NTPC website. ### 3. Business Continuity and Disaster Management Plan Our corporate plan 2032 is our business continuity plan. Same can be referred from the below link: https://ntpc.co.in/diversified-growth Also, the NTPC Disaster Management Cell formulates policies and action plans, collaborating with regional offices and stations. ### 4. Adverse Environmental Impact NTPC recognizes the potential for significant adverse environmental impacts arising from its value chain, particularly in areas such as emissions, waste management, and resource consumption. To mitigate these impacts, NTPC has implemented a comprehensive environmental management system that includes rigorous monitoring and reporting of emissions, adoption of cleaner technologies, and promotion of sustainable practices among its suppliers and contractors. Specific measures include the use of high-efficiency equipment to reduce emissions, waste recycling programs, and the enforcement of stringent environmental standards for all value chain partners. Additionally, NTPC is actively investing in renewable energy projects and energy efficiency initiatives to reduce its overall carbon footprint. Through these efforts, NTPC is committed to minimizing its environmental impact and fostering sustainability across its value chain. ### 5. Percentage of Value Chain Partners Assessed For Environmental Impacts 0%. ### PRINCIPLE 7: Businesses Engaging in Influencing Public and Regulatory Policy * **Number of affiliations with trade and industry chambers/associations:** 25 * **Top 10 trade and industry chambers/associations (determined based on the total members of such body):** * Institute of Internal Auditors - National * World Energy Council - National * Confederation of Indian Industry - National * Delhi Productivity Council - National * Quality Council of India - National * National Safety Council - National * Indian Chamber of Commerce - National * Standing Conference of Public Enterprise - National * World Economic Forum - National * S&P Global Inc - National ### PRINCIPLE 8: Businesses Promoting Inclusive Growth and Equitable Development * **Details of Social Impact Assessments (SIA) of projects undertaken by the entity based on applicable laws, in the current financial year:** * No SIA done during 2023-24 Final Year, as there is land acquisition done by District administration for NTPC project. * **Information on Project(s) for which ongoing Rehabilitation and Resettlement (R&R) is being undertaken:** | S. No. | Name of Project | State | District | Number of Affected Families (PAFs) | % of PAFs Covered by R&R/Paid | Amounts Paid to PAFs in FY (in INR) | |---|---|---|---|---|---|---| | 1 | NTPC Lara, Raigarh, Chhattisgarh | Chhattisgarh | Raigarh | 2449 | 100%/100% | 0.00 | | 2 | NTPC North Karanpura | Jharkhand | Chatra | 2963 | 100%/94.6% | 12,65,19,584.00 | | 3 | Nabinagar STPP | Bihar | Aurangabad | 3000 | 100%/51.16% | 4,50,00,000.00 | | 4 | Rammam Hydro Power Project | West Bengal | Darjeeling | 363 | 100%/100% | 0.00 | | 5 | Tanda STTPP | Uttar Pradesh | Ambedkar Nagar | 1143 | 100%/83.38% | 4,85,00,000.00 | | 6 | Khargone | Madhya Pradesh | Khargone | 1575 | 100%/100% | 0.00 | | 7 | Kanti | Bihar | Muzaffarpur | 288 | 100%/100% | 0.00 | | 8 | Darlipali STPP | Odisha | Sundargarh | 397 | 100%/100% | 0.00 | * **Mechanisms to receive and redress grievances of the community** In order to facilitate resolution of grievances in transparent and time bound manner NTPC has developed an interactive grievance redressal mechanism which can be accessed through our website at https://www.ntpc.co.in/grievance. In addition to this, a Grievance Redressal Officer is also nominated for at all Projects/stations/Regions. Further grievances are also received through RTI, which are answered in a time-bound manner. ### PRINCIPLE 9: Businesses Engaging with and Providing Value to Their Consumers in a Responsible Manner * **Mechanisms in place to receive and respond to consumer complaints and feedback:** We have an elaborate system of Customer Relationship Management (CRM), through which we reach out to our customers to collect their valuable feedback/experiences/expectations using regular structured interactions including support services and training. In addition to this, we also have a grievance portal on our website, through which customers can share their grievances. The link for the same is https://www.ntpc.co.in/grievance. ### 7. Data Breaches * **Number of instances of data breaches:** 0 * **Percentage of data breaches involving personally identifiable information of customers:** 0 * **Impact, if any, of the data breaches: ** None ### Leadership Indicators * **Channels/platforms where information on products and services of the entity can be accessed (provide web link, if available)** The information of our products and services can be found at our website https://www.ntpc.co.in/about-us * **Steps taken to inform and educate consumers about safe and responsible usage of products and/or services** We offer customer support in various areas, including health and safety through workshops and seminars, with safety instructions displayed in local languages. * **Mechanisms in place to inform consumers of any risk of disruption/discontinuation of essential services** NTPC has The Regional Power Committee (RPC) and Load Dispatch Centers (NLDC, RLDCs, and SLDCs) which ensure coordination within their respective regions. * **Does the entity display product information on the product over and above what is mandated as per local laws? (Yes/No/Not Applicable) If yes, provide details in brief. Did your entity carry out any survey with regard to consumer satisfaction relating to the major products/services of the entity, significant locations of operation of the entity or the entity as a whole? (Yes/No)** Not Applicable. * **Provide the following information relating to data breaches:** * **Number of instances of data breaches along-with impact:** Zero * **Percentage of data breaches involving personally identifiable information of customers:** Zero ### 3. Input Material Sourced From Suppliers | Category | FY 2023-24 (Current Financial Year) | FY 2022-23 (Previous Financial Year) | |---|---|---| | Directly sourced from MSMEs/small producers | 51.64 | 40.06 | | Sourced directly from within the district and neighboring districts | <1% | <1% | ### 4. Job Creation in Smaller Towns | Location | FY 2023-24 (Current Financial Year) | FY 2022-23 (Previous Financial Year) | |---|---|---| | Rural | 45.27 | 45.50 | | Semi-urban | 5.07 | 5.55 | | Urban | 42.41 | 41.47 | | Metropolitan | 7.25 | 7.49 | ### 1. Actions Taken to Mitigate Negative Social Impacts No SIA done during 2023-24 Final Year, as there is land acquisition done by District administration for NTPC project. ### 2. CSR Projects Undertaken in Designated Aspirational Districts |S. No.| State | Aspirational District | Amount Spent (in INR) | |---|---|---|---| | 1 | Andhra Pradesh | Vishakhapatnam | 239533 | | 2 | Andhra Pradesh | Vizianagaram | 9550826 | | 3 | Bihar | Aurangabad | 39321073 | | 4 | Bihar | Muzaffarpur | 3902092 | | 5 | Chhattisgarh | Korba | 64186567 | | 6 | Jharkhand | Chatra | 782823 | | 7 | Jharkhand | Godda | 626503 | | 8 | Jharkhand | Hazaribagh | 1501414 | | 9 | Jharkhand | Ranchi | 8003511 | | 10 | Jharkhand | Sahibganj | 7302576 | | 11 | Madhya Pradesh | Mahasamund | 8000000 | | 12 | Madhya Pradesh | Singrauli | 55551757 | | 13 | Odisha | Kalahandi | 4864785 | | 14 | Rajasthan | Baran | 6492562 | | 15 | Uttar Pradesh | Siddharthnagar | 2646000 | | 16 | Uttar Pradesh | Sonbhadra | 59833369 | ### 3. Preferential Procurement Policy * **Do you have a preferential procurement policy where you give preference to purchase from suppliers comprising marginalized/vulnerable groups? (Yes/No)** * Yes, NTPC is governed by The Government of India's Public Procurement Policy for MSEs Amendment Order dated November 9, 2018, every Central Ministry, Department, and PSU is required to set an annual target of 25% procurement from the MSE sector. Within this target, 4% should be earmarked for procurement from MSEs owned by SC/ST individuals and 3% for those owned by women. However, according to a letter from the DC (MSME) dated August 31, 2021, NTPC's target has been revised to a minimum of 40% procurement from MSE vendors, considering the exemptions. * **From which marginalized/vulnerable groups do you procure?** * NTPC has procurement targets for marginalized communities of 4% from MSEs owned by Scheduled Castes or the Scheduled Tribes and 3% owned by Women entrepreneurs for the Goods and Services procured. * **What percentage of total procurement (by value) does it constitute?** * MSME: 51.64%, SC/ST: 0.17%, Women entrepreneurs: 0.34% ### 4. Benefits Derived From Intellectual Property Data consolidation is still in progress. ### 5. Corrective Actions Taken in Intellectual Property Disputes No action was taken since there was no adverse order in intellectual property related disputes wherein usage of traditional knowledge is involved. ### 6. Beneficiaries of CSR Projects | S. No. | CSR Project | Number of Persons Benefitted From CSR Projects | % of Beneficiaries From Vulnerable and Marginalised Groups | |---|---|---|---| | 1 | Health | 563946 | ~ 62.96% | | 2 | Education | 77805 | ~ 100.00% | | 3 | Sanitation | 417361 | ~ 90.22% | | 4 | Water | 111604 | ~ 62.99% | | 5 | Rural Development | 227356 | ~ 62.96% | | 6 | Vocational Training & Women Empowerment | 113561 | ~ 97.77% | | 7 | PCP, Art & Culture, Sports & Others | 117616 | ~ 64.12% | * NTPC's CSR interventions are primarily focused on the communities in the vicinity of its stations and projects, aiming to improve the quality of life for local residents. The majority of beneficiaries are underprivileged, marginalized, vulnerable, and belong to backward sections of society. These figures are based on the CSR activities where beneficiary categorization is available or derived from secondary sources such as publicly available information ### 1. Mechanisms in Place to Receive and Respond to Consumer Complaints We have an elaborate system of Customer Relationship Management (CRM), through which we reach out to our customers to collect their valuable feedback/experiences/expectations using regular structured interactions including support services and training. In addition to this, we also have a grievance portal on our website, through which customers can share their grievances. The link for the same is https://www.ntpc.co.in/grievance ### 2. Turnover of Products/Services | Category | As a Percentage to Total Turnover | |---|---| | Environmental and social parameters relevant to the product | 0 | | Safe and responsible usage | 0 | | Recycling and/or safe disposal | 0 | ### 3. Number of Consumer Complaints | Category | FY 2023-24 (Current Financial Year) | FY 2022-23 (Previous Financial Year) | |---|---|---| | Data privacy | Received: NIL, Pending: NIL, Remarks: NIL | Received: NIL, Pending: NIL, Remarks: NIL | | Advertising | Received: NIL, Pending: NIL, Remarks: NIL | Received: NIL, Pending: NIL, Remarks: NIL | | Cyber-security | Received: NIL, Pending: NIL, Remarks: NIL | Received: NIL, Pending: NIL, Remarks: NIL | | Delivery of essential services | Received: NIL, Pending: NIL, Remarks: NIL | Received: NIL, Pending: NIL, Remarks: NIL | | Restrictive Trade Practices | Received: NIL, Pending: NIL, Remarks: NIL | Received: NIL, Pending: NIL, Remarks: NIL | | Unfair Trade Practices | Received: NIL, Pending: NIL, Remarks: NIL | Received: NIL, Pending: NIL, Remarks: NIL | | Other | Received: NIL, Pending: NIL, Remarks: NIL | Received: NIL, Pending: NIL, Remarks: NIL | ### 4. Instances of Product Recalls | Category | Number | Reasons for Recall | |---|---|---| | Voluntary recalls | NA | NA | | Forced recalls | NA | NA | ### 5. Cyber Security and Data Privacy Framework YES, our cyber security policy is available at https://www.ntpc.co.in/sites/default/files/policy-documents/CCIT-IMS-PLCY-CSP.pdf ### 6. Corrective Actions Taken No action was taken since no significant issues relating to advertising, and delivery of essential services; cyber security and data privacy of customers; re-occurrence of instances of product recalls; penalty / action taken by regulatory authorities on safety of products / services was identified. ### 7. Data Breaches * **Number of instances of data breaches:** 0 * **Percentage of data breaches involving personally identifiable information of customers:** 0 * **Impact, if any, of the data breaches:** None ### Leadership Indicators * **Channels / platforms where information on products and services of the entity can be accessed (provide web link, if available).** The information of our products and services can be found at our website https://www.ntpc.co.in/about-us * **Steps taken to inform and educate consumers about safe and responsible usage of products and/or services.** We offer customer support in various areas, including health and safety through workshops and seminars, with safety instructions displayed in local languages. * **Mechanisms in place to inform consumers of any risk of disruption/discontinuation of essential services.** NTPC has The Regional Power Committee (RPC) and Load Dispatch Centers (NLDC, RLDCs, and SLDCs) which ensure coordination within their respective regions. * **Does the entity display product information on the product over and above what is mandated as per local laws? (Yes/No/Not Applicable) If yes, provide details in brief. Did your entity carry out any survey with regard to consumer satisfaction relating to the major products/services of the entity, significant locations of operation of the entity or the entity as a whole? (Yes/No)** Not Applicable. * **Provide the following information relating to data breaches:** * **Number of instances of data breaches along-with impact:** Zero * **Percentage of data breaches involving personally identifiable information of customers:** Zero ### Secretarial Audit Report #### Conclusion Based on our verification of the books, papers, minute books, forms and returns filed and other records maintained by the Company and also the information provided by the Company, its officers, agents and authorized representatives during the conduct of secretarial audit, we hereby report that in our opinion, the Company has, during the audit period covering the financial year ended on March 31, 2024, complied with the statutory provisions listed hereunder and also that the Company has proper Board-processes and compliance mechanism in place to the extent, in the manner and subject to the reporting made hereinafter: * The Company has complied with the provisions of: - The Companies Act, 2013 (the Act) and the rules made thereunder; - The Securities Contracts (Regulation) Act, 1956 ('SCRA') and the rules made thereunder; - The Depositories Act, 1996 and the Regulations and Bye-laws framed thereunder; - Foreign Exchange Management Act, 1999 and the rules and regulations made thereunder to the extent of Foreign Direct Investment, Overseas Direct Investment and External Commercial Borrowings. - The following Regulations and Guidelines prescribed under the Securities and Exchange Board of India Act, 1992 ('SEBI Act'):- - The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011; - The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015; - The Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018; - Securities and Exchange Board of India (Share Based Employee Benefits) Regulations, 2014 and Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021; [Not applicable during the Review Period]; - The Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008 Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021; - The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 regarding the Companies Act and dealing with client to the extent of Securities issued; - The Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009; [Not applicable during the Audit Period]; - The Securities and Exchange Board of India (Buyback of Securities) Regulations, 2018; [Not applicable during the Audit Period] - The Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Other laws: - Labour Laws: - (Central Act): * ESI Act * EPF Act - Industry Specific Laws: * Electricity Act, 2003. * Explosives Act, 1884. * Mines Act, 1952 * Mines and Mineral (Regulation and Development) Act, 1957 - We have also examined compliance with the applicable clauses of the following: - Secretarial Standards issued by the Institute of Company Secretaries of India. - The Listing Agreements entered into by the Company with the National Stock Exchange Limited and BSE Limited in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. * During the period under review the Company has complied with the provisions of the Act, Rules, Regulations, Guidelines, Standards, etc. except the following observations: * The Company was not in compliance with the provisions of Regulation 17 and 25(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the requirements of having at least half of the Board of Directors as the Independent Directors and filing the vacancy of the Independent Directors within Specified Period. Further, half of the Board of the Company was not "non-executive" for a certain period. * The Company was not in compliance with the Regulation 17(10) of the SEBI (LODR) Regulations, 2015 related to the evaluation of the Independent Directors of the Company by the entire Board of Directors of the Company. * We further report that: * In the absence of requisite number of Independent Directors, the Company has not complied with the requirement pertaining to the composition and Constitution of the Board and Committees thereof to be constituted as per the DPE Guidelines and SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The Changes in the composition of the Board of Directors that took place during the period were carried out in compliance with the provisions of the Act. * Adequate notice is given to all Directors to schedule the Board Meetings, agenda and detailed notes on agenda were sent at least seven days in advance, and a system exists for seeking and obtaining further information and clarifications on the agenda items before the meeting and for meaningful participation at the. * Majority decision is carried through while the dissenting members' views are captured and recorded as part art of the minutes. * We further report that there are adequate systems and processes in the Company commensurate with the size and operations of the Company to monitor and ensure compliance with applicable laws, rules, regulations and guidelines. * We further report that during the period under review, the Company has not undertaken any specific events/actions that can have a major bearing on the Company's compliance responsibility in pursuance of the above referred laws, rules, regulations, guidelines, standards, etc. * Place: Delhi * Date: 12 July 2024 * For Amit Agrawal & Associates (Company Secretaries) * CS Amit Agrawal (Partner) ### Standalone Balance Sheet as at 31 March 2024 This report is to be read with our letter of even date which is annexed herewith and marked as "Annexure A" and forms an integral part of this report. #### NTPC Standalone Balance Sheet: Assets | Note | Particulars | 31 March 2024 | 31 March 2023 | 1 April 2022 | |---|---|---|---|---| | 2 | Property, plant and equipment | 2,11,323.43 | 1,96,441.71 | 1,95,084.07 | | 3 | Capital work-in-progress | 47,153.81 | 61,743.88 | 73,519.11 | | 4 | Investment property | 859.90 | 465.18 | 486.47 | | 5 | Intangible assets | 427.69 | 454.17 | 486.47 | | 6 | Intangible assets under development | 3.19 | 44.92 | 98.47 | | 7 | Equity investments in subsidiary and joint venture companies | 32,405.95 | 29,088.67 | 23,146.89 | | 8 | Other investments | 701.98 | 631.08 | 102.48 | | 9 | Loans | 800.66 | 1,233.47 | 1,288.50 | | 10 | Trade receivables | 1,168.10 | 2,399.78 | 12,353.64 | | 11 | Other financial assets | 627.98 | 922.93 | 1,017.98 | | 12 | Other non-current assets | 11,938.70 | 12,353.64 | 1,017.98 | | **Total non-current assets** | **3,07,411.39** | **3,05,779.43** | **3,07,099.08** | | 13 | Inventories | 17,369.83 | 13,679.75 | 9,691.00 | | 14 | Investments | 50.00 | 50.00 | 50.00 | | 15 | Trade receivables | 27,347.52 | 26,028.64 | 32,949.48 | | 16 | Cash and cash equivalents | 197.16 | 3.13 | 117.48 | | 17 | Bank balances other than cash and cash equivalents | 4,403.34 | 3,738.60 | 2,629.70 | | 18 | Loans | 415.85 | 312.45 | 313.45 | | 19 | Other financial assets | 11,664.94 | 11,273.81 | 4,599.61 | | 20 | Other current assets | 10,907.50 | 10,726.15 | 9,101.70 | | 21 | Assets held for sale | 117.19 | 120.52 | 18.09 | | 22 | Regulatory deferral account debit balances | 13,409.81 | 11,961.97 | 12,822.88 | | **Total current assets** | **72,356.14** | **65,812.53** | **59,402.42** | | **TOTAL ASSETS** | **3,93,294.53** | **3,83,674.45** | **3,79,342.47** | #### NTPC Standalone Balance Sheet: Liabilities and Equity | Note | Particulars | 31 March 2024 | 31 March 2023 | 1 April 2022 | |---|---|---|---|---| | 23 | Equity share capital | 9,696.67 | 9,696.67 | 9,696.67 | | 24 | Other equity | 1,40,188.35 | 1,29,193.21 | 1,18,970.85 | | **Total equity** | **1,49,885.02** | **1,38,889.88** | **1,28,667.52** | | 25 | Borrowings | 1,46,159.07 | 1,56,315.69 | 1,60,122.17 | | 26 | Lease liabilities | 824.52 | 815.44 | 815.07 | | 27 | Other financial liabilities | 465.60 | 505.81 | 900.09 | | 28 | Provisions | 1,898.03 | 1,727.78 | 1,446.48 | | 29 | Deferred tax liabilities (net) | 13,066.53 | 10,614.07 | 10,184.39 | | 30 | Other non-current liabilities | 83.27 | 70.64 | 1,0,81.61 | | **Total non-current liabilities** | **1,62,497.02** | **1,70,049.43** | **1,74,549.81** | | 31 | Borrowings | 39,059.55 | 29,969.15 | 32,674.46 | | 32 | Lease liabilities | 162.87 | 170.79 | 168.01 | | 33 | Trade payables | 538.52 | 272.77 | 285.87 | | 34 | Total outstanding dues of creditors other than micro and small enterprises | 8,936.14 | 9,325.33 | 8,235.21 | | 35 | Other current liabilities| 21,970.54 | 23,634.04 | 24,382.88 | | 36 | Provisions | 6,376.21 | 7,470.25 | 7,171.31 | | 37 | Current tax liabilities (net) | 62.97 | 134.17 | 12,355.11 | | 38 | Deferred revenue | 2,328.01 | 2,616.87 | 1,973.39 | | 39 | Regulatory deferral account credit balances | 280.32 | 0 | 0 | | **Total current liabilities** | **78,304.16** | **72,118.27** | **74,151.75** | | **TOTAL EQUITY AND LIABILITIES** | **3,93,294.53** | **3,83,674.45** | **3,79,342.47** | * -Restated - Refer Note 54 **Material Accounting Policy Information (Note 1)** _The accompanying notes 1 to 77 form an integral part of these financial statements. **(Ritu Arora)** Company Secretary **(Jaikumar Srinivasan)** Director (Finance) **(Gurdeep Singh)** Chairman & Managing Director DIN: 00307037 For Vinod Kumar & Associates Chartered Accountants Firm Reg. No. 002304N **(Mukesh Dadhich)** Partner M. No. 511741 For JK S S & Associates Chartered Accountants Firm Reg. No. 006836C **(Ram Babu)** Partner M. No. 016151 Place: New Delhi Dated: 24 May, 2024 Digitally signed by signatories For Goyal Parul & Co. Chartered Accountants Firm Reg. No. 016750N **(Parul Goyal)** Partner M. No. 099172 For Agasti & Associates Chartered Accountants Firm Reg. No. 313043E **(B. Agasti)** Partner M. No. 051026 For M. C. Bhandari & Co. Chartered Accountants Firm Reg. No. 303002E **(Amit Biswas)** Partner M. No. 05