Nhpc Limited · NSE:NHPC
Nhpc — 9M FY2021-22 Earnings Presentation
37 slides from Nhpc's earnings presentation, Feb 14, 2022
Slide 1: Letter to stock exchanges: presentation at conference call
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Slide 2: Investor Presentation Financial Year 21-22: December 2021
Clean Power For Every Home INVESTOR PRESENTATION FINANCIAL YEAR 21-22 : December 2021 Salal Power Station, J&K
Slide 3: Presentation Outline
Presentation Outline 2 NHPC Today Financial Highlights Financial Ratios Other Business Initiatives 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 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 Chamera II
Slide 6: Physical Snapshot
PHYSICAL SNAPSHOT Power Stations under Operation-22 Nos. 5 (5551 MW*) Hydro Power is 12% (46512 MW) of Installed Power Stations with Subsidiary (NHDC) - 2 Nos. All India Installed Capacity (393389 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 9M FY’22 Actual 9M FY’21 Installed Capacity 24410 26126 24235 23683 23275 22973 22038 •Country 18923 •Country 18683 18386 Generation Generation 985 BU 906 BU Under Construction •Share of Hydro •Share of Hydro Power 127
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 Nine FY’22 Qtr-3 Nine FY’21 Qtr-3 Full Year % Change Nine Qtr-3 8 Rs. In Crore Months Months Months Revenue & Expenditure-Analysis Revenue from Operation 6848.04 1932.39 7165.10 2092.20 8506.58 -4.43 -7.64 Revenue 9M FY’22 Expenditure 9M FY’22 Other Empl
Slide 10: Statement of Assets & Liabilities
Statement of Assets & Liabilities Rs. In Crore Equity and Liabilities 9M FY’22 9 FY’21 Share Holder’s Funds 34319.53 31647.31 Loan Funds-Long Term 20494.95 21241.22 Deferred Tax Liabilities 2139.45 3589.36 Other Long term Liabilities & Provisions 4073.96 4117.32 Current Liabilities & Provisions 7294
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 31.12.2021 30.09.2021 30.06.2021 31.03.2021 31.12.2020 1 Trade Receivables 3257 3428 4062 3206 4059 2 More than 45 days* 1304 1961 2429 1804 3233 Top Five Debtors* (in Crs.) Name 31.12.2021 31.03
Slide 12: Incentives Position
Incentives Position 11 Comparative Incentive YoY (in Crs.) Rs. In Crore Sl. Particulars FY21-22 FY20-21 Q-1 Q-2 Q-3 Q-4 Total Q-1 Q-2 Q-3 Q-4 Total 1 Secondary 0.00 0.00 13.36 - 13.36 0.00 22.80 46.88 146.93 216.61 Energy 2 Incentives 134.64 178.29 88.94 - 401.87 148.25 136.54 75.11 49.74 409.64 3 D
Slide 13: Key Financials: 9M FY'22
Key Financials : 9M FY’22 P&L Standalone Balance Sheet Standalone 12 ` In Crore Total Income 7373 Share Capital 10045 EBITDA 4663 Net worth 34320 EBITDA Margin 63% Long Term Debt 20495 PAT 2978 Cash & Bank Bal. 813 Profit Margin 40% Gross Block 38978 Dividend Pay Out (FY‘21) Rs. 1.60 Per Share/ 50%
Slide 14: NHPC – Key Ratios
NHPC – Key Ratios S. No. Particulars 9M FY’22 FY’21 13 Particulars Standalone Consolidated Standalone Consolidated 1. PAT (Rs. in Cr.) 2977.62 3056.42 3233.37 3257.00 2. Net-worth (Rs. in Cr.) 34319.53 35890.29 31647.31 33090.29 3. No. of Equity Shares (In Cr.) 1004.50 1004.50 1004.50 1004.50 4. EPS
Slide 15: NHDC Ltd. (Subsidiary) – Snapshots: FY 20-21
NHDC Ltd. (Subsidiary) – Snapshots : FY 20-21 Shareholding Pattern : 51:49 (NHPC : GoMP) 14 Physical Performance 93.64% 94.32% 94.82% Installed Capacity : 1520 MW 4,749 5,000 4,110 4,236 96% 93.89% 95% 4,000 90.64% 94% 3,000 1,325 93% Design Energy : 2092.76 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 21972 Cap. Add. 23-24/ 8251 MW Cuml. Cap. 2000 20000 15974 Subansiri Lower : 2000 MW 15000 13005 Cap.Add. 22-23/ 6251 MW Cuml. Cap. 800 MW 10000 5998 Parbati II : 800 MW 5000 2969
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 5428 (RE) 2022-23 5862 (BE)
Slide 18: Major Highlights during the period
NHPC – Major Highlights during the period 17 Some of the largest Hydroelectric Projects in the Siang and Subansiri Basins have been allotted to NHPC. The Projects in Subansiri Basin viz. 2000 MW Subansiri Upper and 1800 MW Subansiri Middle shall be developed by NHPC on standalone basis while 10000
Slide 19: Renewable Energy
18 Renewable Energy Solar Energy Clean Power For EVERY HOME
Slide 20: Renewable Energy: Standalone Ownership Based
Renewable Energy A (i) Standalone (Ownership Based) 19 (a) Under Construction Estimated Expected Capacity S.No Name of Project Capital Commissioning Tariff (Rs./unit) Status of PPA (MW) cost Schedule 1 Solar Power Project, Ganjam (Odisha) 40 178.00 2022-23 2.75 PPA Signed with GRIDCO Total-(a) 40 17
Slide 21: Renewable Energy: Standalone 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 2022-23 2.55 (1600 MW) PPA and PSA signed. Tariff Power
Slide 22: Renewable Energy: JV Mode
Renewable Energy 21 B. JV Mode (a) Under Construction Expected Capacity Estimated Tentative Tariff S.No Name of Project Commissioning Status of PPA (MW) Capital cost (Rs./unit) Schedule 1 Solar Power Project, Kalpi 65 312.00 2021-22 3.02 In process with UPPCL (UP) (JV-BSUL) Total- (a) 65 312.00 (b)
Slide 23: Renewable Energy: JV Mode Under Pipeline
Renewable Energy 22 B. JV Mode (c) Under Pipeline Expected Capacity Estimated Tentative Tariff S.No Name of Project Commissioning Status of PPA (MW) Capital cost (Rs./unit) Schedule 1 Floating Solar Project, Odisha 200 1000.00 2023-24 3.50 To be explored by JVC with (Proposed JV between NHPC State D
Slide 24: NHPC Projects At A Glance
23 NHPC Projects At A Glance NHPC-Energising India With Hydropower
Slide 25: NHPC – Projects in Operation
NHPC – Projects in Operation 24 Installed Design Tariff NHPC Project & Year of Capital Cost S. No Capacity Energy (18-19) Type of the project State/UT comm. as on 31.03.21 (MW) (MU) (Rs. /Kwh)* 1 Baira Siul (3x60) 180 779.28 1981 204.86 2.04 Run of River (ROR) with small Himachal Pradesh (Sep) ponda
Slide 26: Projects in Operation… contd.
NHPC – Projects in Operation… contd. S.No. NHPC Project Installed Capacity Design Energy Year of Capital Cost Tariff (18-19) 25 Type of the project Comm. as on 31.03.21 (Rs. /Kwh)* (MW) (MU) 11 Teesta-V, (3x170) 510 2572.70 2008 2839.85 2.33 ROR with small pondage Sikkim (Mar) 12 Sewa-II, (3x40) 120
Slide 27: Projects in Operation… contd. (Renewable Energy)
NHPC – Projects in Operation… contd. Renewable Energy 26 Installed Design Capital Cost Year of Tariff 20-21 S.No Project Capacity Energy as on Place of Project Comm. (Rs./unit) (MW) (MU) 31.03.2021 1 Wind Power 50 94.25 2016 330.40 3.67 Lakhmana, Jaisalmer 2 Solar Power 50 105.96 2018 290.59 4.41 Th
Slide 28: Projects Under Construction
NHPC: Projects Under Construction Project Under Construction-Standalone 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) –Decem
Slide 29: Projects Under Construction: Subsidiary
NHPC: Projects Under Construction Project Under Construction-Subsidiary 28 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) Dece
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 1 Teesta-IV 520 2252 6113 • All statutory clearances have been received except forest clearance (4x130) (Apr’21) (stage-II). (Sikkim) • FRA Compliance is underway. • App
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 3 Dugar 500 1758 3920 • MoU was signed on 25.09.2019 between NHPC and Govt. of Himachal Pradesh. (Himachal (Apr’21) • Project Installed capacity revised from 449 MW to 5
Slide 32: Subsidiary Company's Project Under Clearance
NHPC –Subsidiary Company’s Project Under Clearance 31 Projects Under JV Installed Design Cost (In S.No Projects Status Capacity (MW) Energy (MUs) Cr.) & PL 1 Kwar (4x135) UT 540 1976 4526 • All clearances are available. UT of J&K has conveyed its approval vide letter of J&K (under (Sept’20) dated 11
Slide 33: JV Projects Under Clearance
NHPC –JV Projects Under Clearance Projects Under JV Installed Design Cost (In Cr.) & 32 S.No Projects Status Capacity (MW) Energy (MUs) PL 2 Kirthai-II 930 3442 6384 • MOU has been signed between NHPC Ltd. and JKSPDCL on (6x140 + 2x35 + 2x10) (Feb’20) 03.01.2021. • The project shall be executed by M
Slide 34: Subsidiary Company's Project Under Clearance
NHPC –Subsidiary Company’s Project Under Clearance 33 Projects Under Subsidiary Installed Design Cost (In S.No Projects Status Capacity (MW) Energy (MUs) Cr.) & PL 1 Loktak D/S 66 333.76 1311 All statutory clearances of project except CCEA are available. (2x33) Manipur (Jul 20) Tendering of all
Slide 35: Projects Under Survey & Investigation
NHPC –Projects Under Survey & Investigation S. No. Projects State Installed Capacity Status 34 (MW) Projects Under FR/DPR Preparation 1 Garba Tawaghat Uttarakhand 630 • Implementation of the project is held up due to pending consent consent of Govt. of Nepal. • 8th Indo-Nepal meeting was held on 10t
Slide 36: Projects Under Survey & Investigation
NHPC –Projects Under Survey & Investigation 35 Installed S. No. Projects State Capacity Status (MW) Projects Under FR/DPR Preparation 3 Uri-I Stage-II UT of Jammu & 240 • MOU has been signed between NHPC Ltd. and JKSPDCL on 03.01.2021. Kashmir • The project shall be executed by NHPC on BOOT basis fo
Slide 37: NHPC-Energising India With Hydropower
36 NHPC-Energising India With Hydropower