ReNew Energy Global Plc (NASDAQ:RNW) Q3 2023 Earnings Call Transcript

Angie Storozynski: And then lastly, in your prepared remarks, you talked about projects that exceeds the minimum return threshold, but you do have a range. So are we talking about projects that are at least 16% in the IRR or?

Sumant Sinha: Yes, yes, yes. That’s right. That’s what I’m saying that all the projects, therefore, are within our threshold rate. And now that we have this extra little bit of flexibility that just gives us high degree of confidence and comfort of being able to meet those threshold requirements. And of course, for future projects, we continue to be disciplined, as you know, and we will not bid for projects where we feel that we are not likely to make requirements .

Angie Storozynski: Awesome, thank you.

Operator: That does conclude our conference for today. Thank you for participating. You may now disconnect.