Orient Green Power Company Ltd · NSE:GREENPOWER
Orient Green Power — Q3 FY2015 Earnings Presentation
18 slides from Orient Green Power's earnings presentation, February 2015
Slide 1: Q3 & 9M FY15 Results
Q3 & 9M FY15 Results Leading Diversified Renewable Energy Generation Company
Slide 2: Financial & Operational Highlights – Q3 & 9M FY15
Financial & Operational Highlights – Q3 & 9M FY15
Slide 3: Performance Highlights
Performance Highlights Q3 FY15 witnessed a sales growth of 11% on a Y-o-Y basis and for 9M FY15, sales growth was at 30% aided by higher PLFs and increase in operational capacities across wind and biomass businesses Sales and other operating income during 9M FY15 increased to Rs. 4,021.79 Millio
Slide 4: Financial Performance – Q3 & 9M FY15
Financial Performance – Q3 & 9M FY15 Rs. Million Y-o-Y Y-o-Y ` Q3 FY15 Q3 FY14 9M FY15 9M FY14 FY14 (%) (%) Sale of Power 737.38 664.87 10.91 3,559.00 2711.31 31.26 3,595.40 Other Operating Income 94.74 87.00 8.90 462.79 384.18 20.46 533.18 Total Income 832.12 751.87 10.67 4,021.79 3,095.49 29.92 4,
Slide 5: Balance Sheet as at December 31, 2014
Balance Sheet as at December 31, 2014 Rs. Million EQUITY AND LIABILITIES As at 31.12.2014 As at 31.03.2014 Shareholders' Funds 5,681 5,681 Reserves and Surplus 3,691 4,876 Sub-Total Shareholders Funds 9,372 10,557 Share Application Money --- 8 Minority Interest 125 193 Non Current Liabilities Long t
Slide 6: Renewable Energy Certificates
Renewable Energy Certificates Supply of REC’s continued to outstrip the demand during the quarter, resulting in trading of certificates at its floor price during the quarter Government is actively considering stringent measures for enforcement of Renewable Purchase Obligation (RPO) The Joint E
Slide 7: REC Trading and Revenue – Apr 2014 to Dec 2014
REC Trading and Revenue – Apr 2014 to Dec 2014 REC Trade Results - Consolidated (IEX + PXIL) Market Clearing REC traded from Market Share of REC Revenue Average Price Month Volume - Non OGPL Projects OGPL (%) (Rs. Lacs) (Rs./ REC) Solar Apr – 14 79,354 4,059 5.1% 60.89 1,500 May – 14 29,255 1,309 4.
Slide 8: Wind Operations
\ Wind Operations (CF ee
Slide 9: Wind Operations
Wind Operations Particulars Unit of Measurement Q3 FY15 Q3 FY14 9M FY15 9M FY14 Capacity Mw 421.70 405.46 421.70 405.46 Units Generated (Gross) Mn 74.10 83.57 548.22 444.03 Annualized PLF % 8.05 9.38 20.02 17.61 Average Gross Realisation (before Rs./ Unit 5.50 5.59 5.26 5.02 charges and without REC)
Slide 10: Grid availability data
Grid availability data • Although wind availability was lower in Tamil Nadu and A.P. during Q3, there had been improvement in grid availability as illustrated in the table below : State Q3 FY2015 Q3 FY2014 Effective Effective Generation Grid Generation Grid installed PLF (%) installed PLF (%) (Milli
Slide 11: Capacity Expansion
Capacity Expansion Wind States Capacity (Mw) Remarks 3.6Mw planned in March 2015 Andhra Pradesh 47.1 Balance 43.5Mw planned Madhya Pradesh 14.0 Planned TOTAL 61.1 Biomass Location Capacity (Mw) Estimated date of Completion Kolhapur 20.00 Feb’2015 TOTAL 20.0 Plans and dates are merely indicative base
Slide 12: Biomass Operations
Biomass ia a Operations OP
Slide 13: Existing Biomass Operations
Existing Biomass Operations Unit of Particulars Q3 FY15 Q3 FY14 9M FY15 9M FY14 Measurement Capacity (operational during the year) Mw 78.0 68.50 78.0 68.50 Units Exported Mn 54.5 39.68 164.2 127.45 Average Realisation Rs./ Unit 6.75 5.68 6.44 5.99 Specific Fuel Consumption per unit Kg/ Unit 1.91 2.1
Slide 14: Existing Projects – Biomass power plants
Existing Projects – Biomass power plants Name Capacity Location Fuel Sale Model Blended Gross tariff (Rs./ KwH) Q3 Q2 Q1 Q4 Q3 FY14 FY15 FY15 FY15 FY14 Chippabarod 8 Rajasthan Mustard Husk Grid 100% 5.57 5.64 5.64 5.04 5.06 Kishanganj 8 Rajasthan Mustard Husk Grid 100% 6.52 6.54 6.54 5.97 5.90 Madhy
Slide 15: Capacity Expansion Trend
Capacity Expansion Trend Total Capacity 2013-14 / BUSINESS 2010-11 2011-12 2012-13 Planned (including Dec. 2014 planned) WIND (INDIA) 179.5 317.1 339.0 421.7 61.1 482.8 BIOMASS 40.5 60.5 60.5 86.0 20.0 106.0 TOTAL (INDIA) 220.0 377.6 399.5 507.7 81.1 588.8 Plans and dates are merely indicative based
Slide 16: Regulatory Environment
Or Regulatory Environment
Slide 17: Regulatory Impact and other challenges
Regulatory Impact and other challenges The Government is planning on introducing a Renewable Energy Act to streamline power generation, transmission and tariff and help attract more investment towards the sector Further, the Government is also working towards introducing a Renewable Generation O
Slide 18: Leading Diversified Renewable Energy Generation Company
Leading Diversified Renewable Energy Generation Company
Orient Green Power Company — Q3 FY2015 Earnings Presentation on 6ix