Slide 1: Cover
WINING | EQUIPMENT MANUFACTURING | POWER GENERATION | POWER “— POWER TRADING od j & e SERVE! |
Slide 2: Sector Update, Key Highlights FY 2011, Financial Results, Project Update
SECTOR UPDATE KEY HIGHLIGHTS: FY 2011 FINANCIAL RESULTS PROJECT UPDATE STRATEGIC PRIORITIES SITE PHOTOGRAPHS 2
Slide 3: India: World's 6th largest energy consumer yet a power deficit country
Capacity Buildup (GW) Peak Demand/Supply (GW) FY 2011 India: World World’ss 6th largest energy Deficit in power availability is a significant consumer yet a power deficit country impediment to economic growth Source: CEA, CIA 3
Slide 4: Capacity Addition during XI Plan
Capacity Addition during XI Plan : 41,296 MW Highest Annual Capacity Addition in FY 2011 Source: CEA 4
Slide 5: Target v/s Achievement and Total Capacity
Target v/s Achievement (GW) FY 2011 Total Capacity (GW) as at March 31, 2011 Total Capacity : 174 GW Source: CEA 5
Slide 6: Power Trading Market Constituents and Price Movement
Power Trading Market Constituents (FY 11) Price Movement (Rs/ kwh) A significant constituent of the power trading market BILATERAL TRADE Provides stability to price fluctuations 6 Source: CERC
Slide 7: . AY ; Ra =
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Slide 8: Capacity and Net Generation Growth
Capacity p y Growth (MW) ( ) Net Generation Growth(Mu) ( ) 34% 74 % 30% 151 % 8
Slide 9: QoQ and YoY Net Generation
QoQ Net Generation ((Mu)) YoY Net Generation ((Mu)) 33 % 414 % 9
Slide 10: Sales Mix and Realisation
Sales Mix ( Million kwh) 1 791 1,791 3,012 5,171 9 016 9,016 580 1,489 3,012 1,000 1,211 3,681 6,004 2,013 R li ti ` per kwh Realisation k h Q4 FY 2010 Q4 FY 2011 FY 2010 FY 2011 Merchant Realisation 4.79 4.71 4.97 4.95 Long Term Realisation 3.53 3.71 3.41 3.63 Average Realisation 4.25 4.38 4.44 4.4
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Slide 12: Q4 FY2011 Financial Results
843 T Turnover(` (` Crores) C ) 1,459 1 459 389 EBITDA (` Crores) 453 46% EBITDA (%) 31 % 86 Interest (` Crores) 123 47 Depreciation (` Crores) 90 256 PBT (` Crores) 240 273 PAT (` Crores) 206 1.66 EPS(`) S( ) 1.25 12
Slide 13: Turnover, EBITDA, PBT, PAT, EPS and Dividend
Turnover (Rs. Crores) EBITDA (Rs. Crores) 82 % 32 % PBT (Rs. Crores) PAT , EPS & DIVIDEND 15 % EPS: ` 5.13 13 % * DIV: ` 1.00 / Share EPS: ` 5.17 DIVI: ` 0.75 / Share * Proposed Dividend subject to approval of shareholders 13
Slide 14: Net Worth, Debt and Net Fixed Assets
Net Worth (` Crores) 4,780 5,676 Debt (` Crores) 7,870 9,638 Net Fixed Assets (` Crores) * 11,598 14,129 Debt Equity Ratio (Times) 1.65 1.70 Weighted Average Cost of Debt 11 51 % 11.51 11 02 % 11.02 *Including CWIP 14
Slide 15: Gross Proceeds received from IPO
Project Actual Amount Utilisation Utilisation as Spent upto per Prospectus March 31, 2011 Part Finance for Identified Projects, 2230 1,485 Share Issue Expenses & General Corporate Purpose Repayment of Corporate Debt 470 470 Unutilised Amount invested in MF/ Bank FD/ Utilised for 745 reduction of O
Slide 16: Project Updates
Slide 17: Project Details Status Update: 1,080 MW Lignite Project
Project Details Status Update Gross Capacity p y 1,080 , MW ((8 x 135)) •Unit III commissioning in May 2011 Technology Subcritical Captive Lignite based TPP •Unit IV commissioning in June 2011 FSA with BLMCL (49% JV) for supply Fuel Linkage of lignite from captive lignite mines of BLMCL Water All A
Slide 18: Project Details Status Update: 1,200 MW Imported Coal Project
Project Details Status Update bi p y Gross Capacity 1200 MW ((4 x 300)) •Unit III commissioning g imminent Technology Subcritical Imported Coal based TPP •Unit IV commissioning in June 2011 g Fuel Linkage Imported p coal Water MIDC + Sea Water Allocation 300 MW to MSEDCL for 25 years with Power Off
Slide 19: Project Details Status Update: 1,620 MW West Bengal Project
Project Details Status Update Gross Capacity 1620 MW • Land in possession 1,320 MW Supercritical; 300 MW •PPA signed with WBMTDC for 25% of Technology Subcritical Domestic coal based 1320 MW of power TPP 74 % JSWEL g •Agreement executed for coal raising g& Share Holding coal procurement 26 %
Slide 20: Project Details Status Update: 1,320 MW Chhattisgarh Project
Project Details Status Update • PPA signed with GoCG for 35% of Gross Capacity p y 1,320 , MW ((2 x 660)) power p •EIA report submitted to MOEF Supercritical domestic coal based Technology TPP •Water allocation obtained 11% interest in coal block jointly •Topography survey and geotechnical Fuel Li
Slide 21: Project Details Status Update: 240 MW Hydropower Project
Project Details Status Update •Techno Economic Clearance from CEA Gross Capacity 240 MW (3 x 80) received •Environment E i t clearance l recommended d d by EC Technology Runoftheriver Hydropower •Pre qualification of civil & construction agencies completed completed Technical & Water commercial
Slide 22: Project Details Status Update: Super Critical Coal Project
Project Details Status Update Gross Capacity 660 MW (1 x 660) • Land identified Technology Super critical coal based TPP •TOR cleared by MOEF Imported coal / Domestic linkage •Plant layout finalised Fuel Linkage coal •DPR under preparation Water Source Almatti Dam •Geo technical survey in progress M
Slide 23: Project Details Status Update: Lignite Project
Project Details Status Update Gross Capacity 270 MW (2 x 135) • Land in possession Subcritical Captive lignite based Technology TPP •Applied for coal linkage •Government consent awaited Fuel Linkage Applied to Ministry of Coal Water Allocation from IGNP Allocation Short Term p power p purchase Power
Slide 24: Project Details Status Update: 3,200 MW Imported Coal Project
Project Details Status Update Gross Capacity 3,200 MW (4 x 800) •Substantial land in possession Supercritical imported coal based Technology •In the process of obtaining TPP necessary consents and approvals Letter of support from Government Authority of Maharashtra Fuel Linkage Imported Coal Water
Slide 25: Project Details Status Update: Transmission Line
Project Details Status Update Gross Capacity 165 Km, 400 KV Transmission •Entire Jaigad – Koyna Line successfully charged h d Double Circuit Quad Moose Technology Conductor Line •Jaigad – Karad: •Tower Tower Foundations: 98% Procurement Orders placed •Tower Erection: 92% •Stringing: 63% ` 576 Crores
Slide 26: Project Details Status Update: Steam Turbine Generators
Project Details Status Update • Blade shop equipment installation Gross Capacity 3GW Steam Turbine Generators completed •Trial manufacturing commenced Super critical steam turbines of Technology size 5001000 MW •Building & Equipment Warehouse completed Procurement All orders placed •Plant layout fi
Slide 27: Status Update: Coal and Lignite Mines
Status Update BLMCL Kapurdi Mine Lignite seam exposed Over 50 million cubic metre of overburden removed MOEF Clearance received BLMCL Jalipa Mine Mine development plan approved Land acquisition under progress; Entire price deposited MJSJ Coal Public hearing completed Land acquisition under progres
Slide 28: SACMH Status Update
SACMH Status Update Umlabu & Ilanga (Wit Bank Region), South Location •Coal production commenced Africa •Raw Coal produced during Q4 FY Total Actual spent till March 31, 2010 : 2011: 140,069 tonnes Investment US $ 34 Mio •Wash plant upgradation completed l t d Control 59.49 % Equity holding •Open c
Slide 29: Strategic Priorities
Ensure Fuel Security Create a Prudent mix of Smooth world class power Integration of all POWER off‐ take verticals of the Utility arrangements Power Sector Capitalise on opportunities offered by the sector 29
Slide 30: Barmer Power Project: Plant Overview
BARMER POWER PROJECT 30
Slide 31: Control Room, Cooling Towers
Control Room Cooling Towers 31
Slide 32: Plant Overview
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Slide 33: Turbine Generator IV, Turbine Generator III
Turbine Generator IV Turbine Generator III 33
Slide 34: Plant Overview
Plant Overview 34
Slide 35: Forward-looking statements
Certain statements in this report concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risk and uncertainties relating to these
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