Responsibility
Function
Key Activities
Risk Management Committee
Facilitate Discussions and Conception of Solution Status MonitoringPrincipal risk
Price and Demand Risks
Material matters
Changes in the price of electricity
Mitigation strategy
We sell energy via PPAs at:
i) Regulated tariff; or
ii) Fixed price
Changes in energy commodity prices
Offset the uncertainty via diversification of fuel and purchase/sale agreements
Demand fluctuation
Higher or lower growth in annual demand has a moderate short-term impact on the Company’s results, given the characteristics of the generation facilities and the structure of the long-term power purchase agreements
Financial Risks
Change in interest rate
Continuous change in financing mix including by refinancing and appropriate fixed rate instruments such as NCDs
Exchange rate volatility
We fully hedge all foreign currency exposure
Operational Risks
Multi-location manufacturing facilities
Make necessary investments, apply essential quality systems, plan and monitor day-to-day functioning, train staff, and finally obtain appropriate casualty and civil liability insurance
People and Social Risks
Failure to attract and retain talent
JSW Energy believes in inclusive growth and employee engagement is an important aspect. We continue to enjoy one of the lowest employee attrition rate in the country
Healthy relationship with the respective local communities
We focus on holistic development of our communities We have empowered many lives through our social intervention programmes