Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q3 FY2014 Earnings Presentation
29 slides from Power Grid Corporation Of India's earnings presentation, Feb 6, 2014
Slide 1: Press & Analysts' Meet, February 6, 2014
POWER GRID CORPORATION OF INDIA LIMITED Press & Analysts’ Meet February 6, 2014 Mumbai ONE Nation Grid Frequency
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: Thank you for support in the FPO
Thank you for your overwhelming support in the FPO and for helping us to become the 2nd Fastest Growing Electric Utility in the world* (*) Based on the 3 year CGR for publicly traded energy companies with assets over US$4.5B (As per 2013 Platts Top 250 Global Energy Company Rankings) ONE Nation Grid
Slide 4: Recent Events
Recent Events POWERGRID Today Financial Performance Project Execution Operations Diversifications New Initiatives Investment Programme ONE Nation Grid Frequency
Slide 5: Uniting India with one frequency
Uniting India……with one frequency Successful synchronization of NEW Grid with Southern Grid on 31st Dec, 2013 31/12/2013 31/12/13 20:25:46 Frequency at the time of synchronization 50.05 Hz Raichur 50.08Hz Solapur ONE Nation Grid 5 Frequency
Slide 6: National Grid - Evolution
National Grid - Evolution One Nation - One Grid – One Frequency A long cherished dream turned into reality August 2006 North synchronized with Central Grid One Nation One Grid One Frequency March 2003 West synchronized Dec’2013 With East & North-East South NEW Grid synchronized with October 1991 NEW
Slide 7: POWERGRID Today
Recent Events POWERGRID Today Financial Performance Project Execution Operations Diversifications New Initiatives Investment Programme ONE Nation Grid Frequency
Slide 8: POWERGRID Today – An Overview
POWERGRID Today – An Overview CENTRAL GOVT. A ‘NAVRATNA’ LISTED PAYING DIVIDEND CONSISTENTLY RATED SHAREHOLDING TRANSMISSION ENTERPRISE COMPANY SINCE 1993-94 ‘EXCELLENT’ BY GoI UTILITY 57.90% Vision World Class, Integrated, Global Transmission Company With Dominant Leadership in Emerging Power Marke
Slide 9: POWERGRID - Shareholding Pattern
POWERGRID- Shareholding Pattern 50% 100% 86.36% 40% 80% 69.42% 30% 57.90% 60% 25.37% 20% 40% 14.09% 13.04% 12.93% 10% 20% 4.02% 3.32% 3.90% 2.89% 2.37% 2.97% 0.97% 2.58% 1.53% 2.43% 2.38% 2.13% 0.55% 0.39% 1.92% 0.65% 0.79% 0% 0% 2008 2009 2010 2011 2012 2013 31-Dec'13 MFs/ UTI Insurance Co. FIIs Go
Slide 10: Financial Performance
Recent Events POWERGRID Today Financial Performance Project Execution Operations Diversifications New Initiatives Investment Programme ONE Nation Grid Frequency
Slide 11: Financial Performance: Q3 FY13-14
Financial Performance: Q3 FY13-14 (₹ in crore) Quarter ended Nine months ended FY 2012-13 31.12.2013 31.12.2012 31.12.2013 31.12.2012 Revenue - Transmission Charges 3470 3245 10576 9012 12211 - Consultancy Income: Services 63 66 185 194 229 - Consultancy Revenue: Sale of 86 272 86 Products - Telecom
Slide 12: Financial Performance: Q3 FY13-14
Financial Performance: Q3 FY13-14 (₹ in crore) As on As on As on As on 31.03.2013 30.06.2013 30.09.2013 31.12.2013 Gross Fixed Assets 80600 83550 87107(@) 90152(@) Capital Work-in-Progress 40153 42300 47626(#) 51310(#) Debt 66168 72094 77710 79751 Net Worth 26213 27254 28493 34805 Earning Per Share
Slide 13: Billing & Realization – FY14 (Upto Dec-13)
Billing & Realization – FY14(Upto Dec-13) Billing Realization %age realization ₹ 10405 Crore ₹ 10344crore 99.4% Avg. Monthly Billing: ₹ 1156 crore => 2mnths (60 days’) billing = ₹ 2312 crore Dues as on 31.01.2014 Balance due but not outstanding (<60 days allowed as per CERC) = ₹ 962 crore Descriptio
Slide 14: Project Execution
Recent Events POWERGRID Today Financial Performance Project Execution Operations Diversifications New Initiatives Investment Programme ONE Nation Grid 14 Frequency
Slide 15: Project Execution: FY 13-14 (Apr-Dec)
Project Execution: FY 13-14 (Apr-Dec) Till Jan’14 Capitalisation 9552 > ₹ 13,000 cr. (₹ in crore) Capex (₹ in crore) 16482 > ₹ 18,500 cr. X-formation Capacity (MVA) S/S: 9 Nos. 20875 26005 (S/S: 11 Nos.) Tr. Line (GW-ckm) 5876 7450 15 ONE Nation Grid Frequency
Slide 16: Projects in FY 14
Projects in FY 14 Transmission Lines Sub-Stations Inter-Regional Capacity 11 Nos. ~ 7,400 GW-ckm 4,200 MW ~ 26,000 MVA Major Major Lines Sub-stations Inter-Regional • Agra – Jhatikara, Agra - Meerut • Parbati Pooling-Amritsar •Raigarh (Kotra) • Sasaram - Fatehpur II • Sasan - Satna II •Indore • Behr
Slide 17: Operations
Recent Events POWERGRID Today Financial Performance Project Execution Operations Diversifications New Initiatives Investment Programme ONE Nation Grid 17 Frequency
Slide 18: Operations
Operations Asset Management Grid Management1 (POSOCO) STOA (BU) Assets I-R Transfer (BU) 21% 66.02 54.64 • 857 lines; 105,086 ckm 23.00 • 178 S/S (incl. 49 remotely operated); 190,768 MVA 16.59 16% • 548 X-former & Convertor Xfr • 767 Reactors 56.71 48.90 38.05 43.03 Points of Presence • Network of
Slide 19: Diversifications
Recent Events POWERGRID Today Financial Performance Project Execution Operations Diversifications New Initiatives Investment Programme ONE Nation Grid 19 Frequency
Slide 20: Consultancy Highlights: Q3FY14
Consultancy- Highlights: Q3FY14 Domestic 124 assignments- Project Cost: Under Execution 15 New Orders Orders (Balance) ₹ 15,000 cr. (13 Govt., 2 Pvt.) Project Implementation Plans for NER (incl. Smart Grid Consultancy Comprehensive Scheme under preparation assignments from 7 States) Comprehensiv
Slide 21: Telecom Highlights – Q3FY14
Telecom Highlights – Q3FY14 Clients Financials Network Parameters MPLS • 7 New Clients • Q3FY14 Income • Backbone • Comml. Operation • 2 Govt • ₹ 65 crore availability: 100% likely to commence • 5 Pvt (incl. • 12% increase • NOCs established Enterprise over Q3FY13 • Empanelment of Customers) partner
Slide 22: New Initiatives
Recent Events POWERGRID Today Financial Performance Project Execution Operations Diversifications New Initiatives Investment Programme ONE Nation Grid 22 Frequency
Slide 23: Smart Grid/ Smart City - Updates
Smart Grid/ Smart City - Updates Unified Real Time Smart Projects under implementation/ Dynamic State Measurement Scheme Taken up for implementation Grid development Analytics Development using PMU Data In Progress Green Energy Process initiated for Technical Renewable Corridors and Financial Assist
Slide 24: Desert Power India – 2050
Desert Power India – 2050 Upto Year 2050 time Assess Renewable Generation potential Concept Plan Evolve Infrastructure requirement horizon with phased development Ladakh Installable Capacity 300GW Transmission Plan Lahaul & (utilizing ~ 7.5% of wasteland) • Hybrid EHVAC/ HVDC TS Spiti (HP) • Int
Slide 25: Investment Programme
Recent Events POWERGRID Today Financial Performance Project Execution Operations Diversifications New Initiatives Investment Programme ONE Nation Grid 25 Frequency
Slide 26: Investment Programme – XII Plan
Investment Programme – XII Plan FY13: ₹ 5321 cr (Fresh issue of 60.19 cr ₹20,037 shares in Dec-13) cr. FY17: FY14: ₹22,550 XII Plan ₹22,150 cr. cr. Capital Funds raised Outlay* from Capital Markets in ₹110,000 FY14 crore ₹ 3966 cr @ ₹ 3126 cr @ 8.70% 7.93% FY16: FY15: (Bonds in (Bonds in ₹22,500 ₹ 2
Slide 27: Utilization of FPO funds
Utilization of FPO funds TS associated with Rihand-III & FPO funds V’chal-IV TS for Phase-I Generation Projects in Odisha (Part-C) Funds raised: ₹ 5321 crore TS associated with Krishnapatnam No. of Projects identified for (Part-B) fund utilization: 27 Establishment of Pooling Stations at Fun
Slide 28: Future Outlook: Transmission
Future Outlook: Transmission Trans line (> 220kV): Additions during 13th Fund Requirement: 130,000 ckm Transmission Plan ~ ₹ 200,000 crore X-formation Capacity: (Source: 12th Plan Working Group on Power) 300,000 MVA Green Energy Corridor Inter-State: ~ ₹13,000 cr. (Investment envisaged: Intra-State:
Slide 29: ONE
ONE Nation Grid 29 Frequency
Power Grid Corporation of India — Q3 FY2014 Earnings Presentation on 6ix