Nhpc Limited · NSE:NHPC
Nhpc — H1 FY2023 Earnings Presentation
36 slides from Nhpc's earnings presentation, Nov 11, 2022
Slide 1: Exchange cover letter on financial results presentation
फोन/Phone: 0129-2278018 संदभ सं./Ref. No. NH/CS/199 िदनां क/Date: 11.11.2022 Manager/ मैनेजर, General Manager/ महापर्बंधक, Listing Department/ िलिस्टग िवभाग, Listing Department/ िलिस्टग िवभाग, M/s BSE Limited/ बीएसई िलिमटेड, M/s National Stock Exchange of India Limited/ Phiroze Jeejeebhoy Towers, Da
Slide 2: Investor Presentation Financial Year 22-23: September 2022
Clean Power For Every Home INVESTOR PRESENTATION FINANCIAL YEAR 22-23 : September 2022 Salal Power Station, J&K
Slide 3: Presentation Outline
Presentation Outline 2 NHPC Today Financial Highlights Financial Ratios Renewable Energy Projects At Glance Our Vision: To be a global leading organization for sustainable development of clean power through competent, responsible and innovative values.
Slide 4: NHPC Today
NHPC-Today 3 Subansiri Lower Project Teesta V, Sikkim NHPC-Energising India With Hydropower
Slide 5: Physical Snapshot
PHYSICAL SNAPSHOT 4 Ratle Kwar Kishanganga Chutak Installed • Incorporated in 1975 with authorised capital of Rs. 200 crore, Uri II Uri I Nimoo Bazgo Kiru the present authorised capital is Rs.15000 crore (Paid Up Pakal Dul Capacity Salal J&K Dulhasti Capital Rs.10,045 crore) Baira Siul Sewa II Chame
Slide 6: Physical Snapshot
PHYSICAL SNAPSHOT Power Stations under Operation-22 Nos. 5 (5551 MW*) Hydro Power is 11% (46850 MW) of Installed Power Stations with Subsidiary (NHDC) - 2 Nos. All India Installed Capacity (407797 MW**) . Capacity (1520 MW) Total Operational Projects – 24 Nos. (7071 MW) NHPC Contribution is 15
Slide 7: NHPC's Track Record – A Ten Year Digest
NHPC ‘s Track Record – A Ten Year Digest 6 Standalone Generation (in M.U.) Actual H1 FY’23 Actual H1 FY’22 Installed Capacity 24410 26126 24235 24494 23683 23275 22973 22038 •Country 18923 •Country 18386 Generation Generation 737 BU 671 BU Under Construction •Share of Hydro •Share of Hydro Power 93
Slide 8: Financial Highlights
7 Financial Highlights Sewa II, J&K Chamera I, Himachal Clean Power For Every Home
Slide 9: Financial Highlights: Standalone
Financial Highlights : Standalone Particulars Half FY’23 Qtr-2 Half FY’22 Qtr-2 Full Year % Change Half Qtr-2 8 Rs. In Crore Year Year Year Revenue & Expenditure-Analysis Revenue from Operation 5482.00 2887.64 4915.65 2745.44 8353.80 11.52 5.18 Revenue H1 FY’23 Expenditure H1 FY’23 Other Income Empl
Slide 10: Statement of Assets & Liabilities
Statement of Assets & Liabilities Rs. In Crore Equity and Liabilities H1 FY’23 9 FY’22 Share Holder’s Funds 35470.10 33486.10 Loan Funds-Long Term 22856.58 23179.49 Deferred Tax Liabilities 2036.83 2100.74 Other Long term Liabilities & Provisions 4150.98 4162.25 Current Liabilities & Provisions 6467
Slide 11: Debtors Position
Debtors Position Rs. In Crore Total Debtors (in Crs.) 10 S. N. Particulars As on As on As on As on As on 30.09.2022 30.06.2022 31.03.2022 31.03.2021 31.12.2021 1 Trade Receivables 5854 5488 4621 4532 3257 (including (including (including (including unbilled debtors unbilled debtors unbilled debtors
Slide 12: Incentives Position
Incentives Position 11 Comparative Incentive YoY (in Crs.) Rs. In Crore Sl. Particulars FY22-23 FY21-22 Q-1 Q-2 Q-3 Q-4 Total Q-1 Q-2 Q-3 Q-4 Total 1 Secondary 0.00 0.00 - - 0.00 0.00 0.00 13.36 124.67 138.03 Energy 2 Incentives 171.44 181.22 - - 352.66 125.47 187.46 88.94 22.20 424.07 3 Deviation 7
Slide 13: Key Financials: H1 FY'23
Key Financials : H1 FY’23 P&L Standalone Balance Sheet Standalone 12 Rs. In Crore Total Income 5814 Share Capital 10045 EBITDA 3564 Net worth 35470 EBITDA Margin 61% Long Term Debt 22857 PAT 2483 Cash & Bank Bal. 756 Profit Margin 43% Gross Block 39778 Dividend Pay Out (FY‘22) Rs. 1.81 Per Share/ 51
Slide 14: NHPC – Key Ratios
NHPC – Key Ratios S. No. Particulars H1 FY’23 FY’22 13 Particulars Standalone Consolidated Standalone Consolidated 1. PAT (Rs. in Cr.) 2,482.66 2,574.91 3537.71 3523.57 2. Net-worth (Rs. in Cr.) 35470.10 36996.84 33486.10 34920.98 3. No. of Equity Shares (In Cr.) 1004.50 1004.50 1004.50 1004.50 4. E
Slide 15: NHDC Ltd. (Subsidiary) – Snapshots: FY 21-22
NHDC Ltd. (Subsidiary) – Snapshots : FY 21-22 Shareholding Pattern : 51:49 (NHPC : GoMP) 14 Physical Performance 94.32% 94.82% Installed Capacity : 1520 MW 5,000 4,110 4,236 92.74% 96% 93.89% 95% 4,000 90.64% 2,645 94% 3,000 1,325 93% Design Energy : 2159.71 MUs 1,921 92% 2,000 91% 1,000 90% 89% Gen
Slide 16: Capacity Addition & Regulated Equity (Hydro)
NHPC – Capacity Addition & Regulated Equity (Hydro) Progressive Capacity Addition 15 Progressive Regulated Equity 25000 22398 20000 Cap. Add. 23-24/ 8251 MW 2800 MW Cuml. Cap. 15000 Subansiri Lower : 2000 MW 13060 Parbati II : 800 MW 10000 9338 5000 Installed Capacity 21-22 5451 MW 1541 0 FY 21-22 F
Slide 17: NHPC – CAPEX
NHPC – CAPEX F.Y Amount (Rs. In Remarks 16 Crore) 2014-15 2615 (Actual) 2015-16 2793 (Actual) 2016-17 2438 (Actual) 2017-18 2722 (Actual) 2018-19 2213 (Actual) 2019-20 4155 (Actual) 2020-21 3568 (Actual) 2021-22 5166 (Actual) 2022-23 8061 (Consolidated Target)
Slide 18: Major Highlights during the period
NHPC – Major Highlights during the period 17 Hon’ble Prime Minister of India laid the foundation Stone of the Kwar Hydroelectric Project (540 MW) on 24.04.2022 and Cabinet Committee on Economic Affairs (CCEA) chaired by Hon’ble Prime Minister of India accorded investment approval to the project at
Slide 19: Renewable Energy: Solar Energy
18 Renewable Energy Solar Energy Clean Power For EVERY HOME
Slide 20: Renewable Energy: Standalone Solar Under Construction
Renewable Energy A (i) Standalone (Ownership Based) 19 (a) Under Construction Estimated Expected Capacity Tariff S.No Name of Project Capital cost Commissioning Status of PPA (MW) (Rs./unit) (in Crs.) Schedule 1 Solar Power Project, Ganjam (Odisha) 40 178.00 2022-23 2.75 PPA Signed with GRIDCO 2 600
Slide 21: Renewable Energy: Intermediary Procurer
Renewable Energy 20 A (ii) Standalone (As Intermediary Procurer) (a) Under Construction Expected Capacity Estimated S.No Name of Project Commissioning Tariff (Rs./unit) Status of PPA (MW) Capital cost Schedule 1 Projects through Solar 2000 0.00 2024-25* 2.55 (1680 MW) PPA and PSA signed. Tariff Powe
Slide 22: Renewable Energy: Subsidiary/JV Mode
Renewable Energy 21 B. Subsidiary/JV Mode (a) Under Construction Tentative Capacity Estimated Expected Commissioning S.No Name of Project Tariff Status of PPA (MW) Capital cost Schedule (Rs./unit) 1 Solar Power Project, Kalpi 65 312.00 2022-23 2.68 Power Purchase Agreement (UP) (Subsidiary-BSUL) (Pa
Slide 23: NHPC Projects At A Glance
22 NHPC Projects At A Glance NHPC-Energising India With Hydropower
Slide 24: Projects in Operation
NHPC – Projects in Operation 23 Installed Design Tariff NHPC Project & Year of Capital Cost S. No Capacity Energy (18-19) Type of the project State/UT comm. as on 31.03.22 (MW) (MU) (Rs. /Kwh)* 1 Baira Siul (3x60) 180 708.59 1981 306.86 2.24 Run of River (ROR) with small Himachal Pradesh (Sep) ponda
Slide 25: Projects in Operation… contd.
NHPC – Projects in Operation… contd. S.No. NHPC Project Installed Capacity Design Energy Year of Capital Cost Tariff (18-19) 24 Type of the project Comm. as on 31.03.22 (Rs. /Kwh)* (MW) (MU) 11 Teesta-V, (3x170) 510 2572.70 2008 2844.96 2.33 ROR with small pondage Sikkim (Mar) 12 Sewa-II, (3x40) 120
Slide 26: Projects in Operation… contd. (Renewable and Subsidiary)
NHPC – Projects in Operation… contd. Renewable Energy 25 Installed Design Capital Cost Year of Tariff 21-22 S.No Project Capacity Energy as on Place of Project Comm. (Rs./unit) (MW) (MU) 31.03.2022 1 Wind Power 50 94.22 2016 330.40 3.67 Lakhmana, Jaisalmer 2 Solar Power 50 105.95 2018 290.59 4.41 Th
Slide 27: Projects Under Construction
NHPC: Projects Under Construction Project Under Construction-Standalone 26 Provisional Installed Design CCEA Estimated Anticipated Project Expected Type of the NHPC Project Capacity Energy Cost (Rs. Crore) Project Cost (Rs. Expenditure till Commissioning project (MW) (MU) (Price Level) Crore) –Septe
Slide 28: Projects Under Construction: Subsidiary
NHPC: Projects Under Construction Project Under Construction-Subsidiary 27 Provisional Installed CCEA Estimated Anticipated Project Expected Design Type of the NHPC Project Capacity Cost (Rs. Crore) Project Cost (Rs. Expenditure till – Commissioning Energy (MU) project (MW) (Price Level) Crore) Sept
Slide 29: Standalone Projects Under Clearance
NHPC Standalone Projects Under Clearance Installed Design Cost S. N. Projects Capacity Energy (In Crore) (MW) (MUs) & PL Status 28 1 Teesta-IV 520 2252 6113 • All statutory clearances have been received except forest clearance (stage-II). (4x130) (Apr’21) • Compliance to FRA, 2006 is in progress. Si
Slide 30: Standalone Projects Under Clearance
NHPC Standalone Projects Under Clearance 29 Installed Design Cost S.No. Projects Capacity Energy (In Crore) Status (MW) (MUs) & PL 3 Dugar 500 1760 4250 • MoU was signed on 25.09.2019 between NHPC and Govt. of Himachal Pradesh for (4 x103 + 2x44) (Apr’2021) implementation of the Dugar HE Project (44
Slide 31: Standalone Projects Under Clearance
NHPC Standalone Projects Under Clearance 30 Installed Design Cost S.No. Projects Capacity Energy (In Crore) Status (MW) (MUs) & PL 4 Sawalkot 1856 7995 19021 • MOU has been signed between NHPC Ltd. and JKSPDCL on 03.01.2021. (6x225+1x56) (Aug’21 ) • The project shall be executed by NHPC on BOOT basi
Slide 32: JV Projects Under Clearance
NHPC –JV Projects Under Clearance 31 Installed Design Cost (In Cr.) & S.No Projects Status Capacity (MW) Energy (MUs) PL 1 Kirthai-II 930 3330 6384 • MOU has been signed between NHPC Ltd. and JKSPDCL on (6x140 + 2x35 + 2x10) (Feb’20) 03.01.2021. UT of J&K • The project shall be executed by M/s CVPPP
Slide 33: Subsidiary Company's Project Under Clearance
NHPC –Subsidiary Company’s Project Under Clearance 32 Installed Design Energy Cost S.No Projects Capacity Status (MUs) (In Cr.) & PL (MW) 1 Loktak D/S 66 333.76 1311 All statutory clearances of project except CCEA are available. (2x33) (Jul 20) PPA signed between Govt. of Manipur and LDHCL on 31
Slide 34: Projects Under Survey & Investigation
NHPC –Projects Under Survey & Investigation S. No. Projects State Installed Capacity Status 33 (MW) Projects Under FR/DPR Preparation 1 Garba Uttarakhan 630 • Implementation of the project is held up due to pending consent of Govt. of Nepal. Tawaghat d • In the 9th Joint Steering Committee (JSC) Mee
Slide 35: Projects Under Survey & Investigation
NHPC –Projects Under Survey & Investigation 34 Installed S. No. Projects State Capacity Status (MW) Projects Under FR/DPR Preparation 2 Dulhasti Stage-II UT of Jammu & 260 • MOU has been signed between NHPC Ltd. and JKSPDCL on 03.01.2021. (2x130) Kashmir • The project shall be executed by NHPC on BO
Slide 36: NHPC-Energising India With Hydropower
35 NHPC-Energising India With Hydropower