Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q1 FY2025 Earnings Presentation
31 slides from Power Grid Corporation Of India's earnings presentation, Jul 29, 2024
Slide 1: Q1 FY 2024-25 Press & Analysts' Meet
Q1 FY 2024-25 Press & Analysts’ Meet (July 29, 2024) A constituent of
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: ▪ This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 3: Agenda
Agenda Overview Major Highlights Performance Highlights Growth Outlook Sustainability, CSR & Awards 3
Slide 4: Overview
Overview India’s largest power transmission utility: A “Maharatna” CPSE International* Credit Rating PAT rank in Services Sector CPSEs: 1st1 S&P# BBB- Net Worth in Services Sector CPSEs: 1st1 FITCH BBB- MOODY’s Baa3 Cross Border Interconnection: ~4,750 MW Domestic Credit Rating Global Footprints: 23
Slide 5: Overview: Transmission Assets spread across India
Overview Transmission Assets spread across India Transmission Lines Sub-Stations IR capacity System Availability 1,77,790 ckm 278 nos. 99,580 MW 1,507 nos. 5,28,761 MVA 84% of total IR 99.80% Transmitting 45% of India’s Power 18 62 167 20 63 >290,000 >3,800 HVDC 765 kV 400 kV SVC/ GIS Transmission T
Slide 6: Major Highlights
Major Highlights Emerged L1 bidder in 03 ISTS TBCB projects in Q1FY25 Levelized Tariff: ₹4,172.8 crore Rajasthan REZ Ph-IV (Part-2: 5.5 GW) (Jaisalmer/ Barmer Complex): Part-B Rajasthan REZ Ph-IV (Part-2: 5.5 GW) (Jaisalmer/ Barmer Complex): Part-D Fatehpur-Bhadla HVDC: Rajasthan (20 GW) under Phase
Slide 7: Other Highlights
Other Highlights MoU signed with ISRO to create a Spatial Decision Support System for transmission tower management, featuring a geospatial dashboard and tools for disaster analysis, alongside vegetation monitoring along transmission corridors. ➢ Substation Inspection Robot developed in association
Slide 8: Performance Highlights
Performance Highlights Project Execution Operational Performance Financial Performance Other Businesses Commercial Performance 8
Slide 9: Project Execution
Project Execution Financial Performance – Q1FY21 Capex Capitalization* 4,615 2,320 1,711 1,348 Q1FY25 Q1FY25 Standalone Consolidated Standalone Consolidated (₹ in crore) *Capitalization figures exclusive of FERV * Includes assets capitalised as Finance Lease 9
Slide 10: Operational Performance (Q1FY25)
Operational Performance (Q1FY25) Availability Reliability (Trippings per line) 99.86% 99.80% 0.09 0.09 99.75%* Q1FY24 Q1FY25 Q1FY24 Q1FY25 * Full incentive capped at 99.75% 10
Slide 11: Financial Performance (Q1FY25) - Consolidated
Financial Performance (Q1FY25) - Consolidated 11,258 11,280 3,597 3,724 Income PAT Q1FY24 Q1FY25 (₹ in crore) 11
Slide 12: Financial Performance (Consolidated)
Financial Performance – Q1FY21 Financial Performance Growth Growth Description Q1FY25 Q1FY24 Q4FY24 C (%) (%) Income O 10,666 10,756 (1) 11,568 (8) - Transmission Charges N - Consultancy Services 121 101 20 182 (34) S - Telecom 219 191 15 228 (4) - Other Income 274 210 30 327 (16) O 11,280 11,258 0
Slide 13: Financial Performance (Standalone)
Financial Performance – Q1FY21 Financial Performance Growth Growth Description Q1FY25 Q1FY24 Q4FY24 (%) (%) Income S - Transmission Charges 9,962 10,124 (2) 10,890 (9) T - Consultancy Services 106 121 (12) 161 (34) A - Other Income 782 643 22 1,203 (35) Total Income 10,850 10,888 0 12,254 (11) N Ope
Slide 14: Financial Highlights (Standalone and Consolidated)
Financial Highlights –Q1FY21 (Standalone) Financial Performance (₹ in crore, unless stated otherwise) Description Standalone Consolidated As on 30.06.24 As on 30.06.23 As on 30.06.24 As on 30.06.23 Gross Fixed Assets (₹ crore) 2,59,895 2,56,415 2,77,213 2,70,757 Capital Work-in-Progress (₹ crore) 10
Slide 15: Other Key Financial Information
Other Key Financial Information Description Q1FY25 Q1FY24 Income for previous periods (Consol.) 72 214 Int. on differential tariff* 165 62 Int. from Subsidiaries & JVs* 440 337 Surcharge (Consol.) 29 51 Average Cost of Incentive (Consol.) 112 132 Borrowing* Dividend from JVs* 8 4 7.76% in Q1FY25 Div
Slide 16: Other Business-Telecom Performance
Other Business-Telecom Performance New Customers Income# 35 Nos. added in Q1FY25 219 191 100% Backbone availability Network capacity 1.8 Tbps* enhancement Q1FY24 Q1FY25 Letters of appreciation from NIT Bhopal, IIITDM Jabalpur and Narmada Control Authority for providing satisfactory Telecom services
Slide 17: Commercial Performance
Commercial Performance Outstanding dues (at end of Qtr) Billing 7,140 (in ₹ crore) ₹ 9262 crore 2,228 5,548 2,253 Realization ₹8509 crore 51.06* 32.37* 4,912 3,295 % Realization 91.87% Q1FY24 Q1FY25 o/s > 45 days o/s < 45 days *Receivable (days billing) Major Dues LPS Rules 2022 notification by MoP
Slide 18: Growth Outlook
Growth Outlook Sectoral Outlook Business Outlook Works in Hand 18
Slide 19: Sectoral Outlook
Sectoral Outlook Growth Drivers H2 India to be a 5 Non-fossil capacity Green Hydrogen Energy Storage International Trillion USD by 2030. Mission Interconnection economy by the year 2030. Rapid 500 GW Installed Power requirement Battery storage, One Sun One World Industrialization, capacity of ~125 G
Slide 20: Business Outlook 2032
Business Outlook 2032 Estimated Outlay up to year 2032: ₹ 2,07,500 crore Transmission Business: ₹ 1,90,500 cr Other Business: ₹ 17,000 cr ₹ 10,000 cr ₹ 7,500 cr 5% 4% ₹1,000 cr ₹1,000 cr 6% 6% ₹ 37,000 cr 20% ₹ 1,36,000 cr 71% ₹15,000 cr 88% Inter State Intra State Cross Border International project
Slide 21: Works in Hand
Works in Hand Leading Energy Transition for a Sustainable Future Works in Hand# FY25 Capex Plan ~ ₹ 1,14,139 crore ₹ 18,000 crore Ongoing RTM Projects ₹ 10,318 crore New RTM Projects ₹ 37,010 crore RTM Other* ~ ₹ 5,000 crore ~ ₹ 13,000 crore Other Projects* ₹ 66,811 crore # As on 26.07.2024 * Incl.
Slide 22: Sustainability, CSR & Awards
Sustainability, CSR & Awards Sustainability Aspirations Corporate Social Responsibility (CSR) Awards & Recognition 22
Slide 23: Sustainability Aspirations
Sustainability Aspirations …towards a Greener Tomorrow 50% Electricity Net Water Positive consumption from RE organization sources by 2025 by 2030 Zero Waste to Net Zero Landfill status by 2047 by 2030 23
Slide 24: Major CSR activities: Vishram Sadan
Major CSR activities: Vishram Sadan Vishram Sadan at RIMS, Ranchi 310 Beds Hon’ble Union Minister of Power & Housing and Urban Affairs, Shri Manohar Lal Khattar inaugurated POWERGRID Vishram Sadan at Completion cost: ₹16.89 crore RIMS, Ranchi on 09.07.2024. Handed over on 09.07.2024 24
Slide 25: Other POWERGRID Vishram Sadans
Other POWERGRID Vishram Sadans DMCH, Darbhanga AIIMS, New Delhi GMCH, Guwahati SSG, Vadodra SSG, Vadodra NIMHANS, Bangaluru IGIMS, Patna KGMU, Lucknow 25
Slide 26: Cancer Treatment Equipment & Infrastructure
Cancer Treatment Equipment & Infrastructure Modular Operation Theatre Operation Theatre, TMC, Navi Ring Gantry Linear Accelerator, Complex, Navi Mumbai Mumbai Thiruvananthapuram, Kerala 26
Slide 27: Rural Development through Revitalization of Water Bodies
Rural Development through Revitalization of Water Bodies Rejuvenation of Pond at village Daulatabad & Chandla Dungarwas at Gurugram Flagship projects Revitalization of Rivers & Ponds 1. Participation in "Namami Gange" - an integrated river conservation mission - ₹7 crore 2. Construction of boulder r
Slide 28: Works for Rural Development & Revitalization of Water Bodies
Works for Rural Development & Revitalization of Water Bodies ➢ Farmer-centric Integrated Watershed Management for ➢ Improving Rural Livelihood through Integrated improving Rural Livelihoods Watershed Management at Jaipatna Block, Kalahandi ➢ At villages near POWERGRID Kurnool & Kudgi sub- district O
Slide 29: Awards & Recognition
Awards & Recognition “Platts Global Energy Award 2023” in “Most efficient & Profitable Maharatna Recognized as “Best Organizations for “Corporate Impact - Targeted of the Year (non-manufacturing)” by Women 2024” by Economic Times Programme” category Dalal Street Investment Journal 29
Slide 30: Awards & Recognition
Awards & Recognition Silver Award in “Adoption of AI, Data Analytics and Predictive Technologies” & “Skill Development & Capacity Building” categories at “ET Government PSU Leadership and Excellence Awards 2024” Conferred Outlook Business Editor’s ATD Best Award 2024: 21st rank Choice “Sustainabilit
Slide 31: Thank You
= POWERGRID THANK YOU www.powergrid.in
Power Grid Corporation of India — Q1 FY2025 Earnings Presentation on 6ix