Adani Energy Solutions Ltd · NSE:ADANIENSOL
Adani Energy Solutions — Adani Transmission — Q2 FY22 Earnings Presentation
31 slides from Adani Energy Solutions's earnings presentation, October 2021
Slide 1: Provisional Operational Update Q2FY22
Adani Transmission Limited Provisional Operational Update Q2FY22 October 2021
Slide 2: Contents
CONTENTS Adani Group 04 04-07 09 Executive Summary – Q2FY22 09 11-14 Q2FY22 YoY Performance 11 16-17 Global Peer Benchmarking 16 Executive Summary - 1HFY22 19 19-23 YoY Performance Line Availability Across Assets 25 25-26 Groups – Obligor and USPP 28 28-29 ATL’s Asset Portfolio
Slide 3: Adani Group
Transmission adani
Slide 4: Adani: A world class infrastructure & utility portfolio
Adani: A world class infrastructure & utility portfolio Transport & Logistics Portfolio Adani Energy & Utility Portfolio Adani 100% 75% • Marked shift from B2B to 63.8% 59.3% B2C businesses – APSEZ ATL AGEL NQXT2 • ATGL – Gas distribution Port & Logistics T&D Renewables network to serve key 100% 75%
Slide 5: Adani: Decades long track record of industry best growth rates across sectors
Adani: Decades long track record of industry best growth rates across sectors Transmission Network (ckm) Port Cargo Throughput (MMT) Renewable Capacity (GW) CGD7 (GAs8 covered) 45% 20% 132% 12% 1.5x 3x 30% 3x 5x 7% 4% 25% Industry ATL Industry APSEZ Industry Adani AGEL Industry AGL 2016 320,000 ckm
Slide 6: Adani: Repeatable, robust & proven transformative model of investment
Adani: Repeatable, robust & proven transformative model of investment Phase Development Operations Post Operations Origination Site Development Construction Operation Capital Mgmt Analysis & market Site acquisition Engineering & design Life cycle O&M Redesigning the capital intelligence planning str
Slide 7: A platform well-positioned to leverage growth opportunities in T&D business
ATL: A platform well-positioned to leverage growth opportunities in T&D business Execution Prowess Strategic Presence Balanced pool mix Transmission Network of Transmission - Presence in 12 states Transmission (FY21): Development with 27 transmission lines 18,801 ckt km1; 51% of EBITDA - Central poo
Slide 8: Executive Summary – Q2FY22
Adani Transmission Limited Debt Presentation | February 2 0 2 0 Transmission Executive Summary – Q2FY22 14
Slide 9: Executive Summary – Segment-wise Performance in Q2FY22 YoY
ATL: Executive Summary – Segment-wise Performance in Q2FY22 YoY • Transmission Business: • Distribution Business: – Transmission Lines operating at greater than 99.36% system availability – Maintained supply reliability of more than 99.9% – Added 486 ckt kms to operational network reaching to 18,801
Slide 10: Q2FY22 YoY Performance
Q2FY22 YoY Performance
Slide 11: Transmission Utility – Key Operating Metrics Q2FY22 YoY
ATL: Transmission Utility – Key Operating Metrics Q2FY22 YoY Transmission Network length(2) (ckt kms) Power Transformation Capacity(2) (MVA) 18,801 36,766 Significant network Transformation 14,837 addition (+27% yoy) on capacity has increased 27,280 account of Alipurduar and 35% during the period WK
Slide 12: Distribution Utility (AEML) – Key Operating Metrics Q2FY22 YoY
ATL: Distribution Utility (AEML) – Key Operating Metrics Q2FY22 YoY Supply Reliability (ASAI) (%) SAIDI (mins), SAIFI (nos.) and CAIDI (mins)(1) SAIFI SAIDI CAIDI 99.997% 99.997% 26.99 25.76 Outage Time AEML maintained and Outage more than 99.9% Occurrences supply have improved 3.92 4.24 0.15 0.16 Q
Slide 13: Distribution Utility (AEML) – Key Operating Metrics Q2FY22 YoY
ATL: Distribution Utility (AEML) – Key Operating Metrics Q2FY22 YoY Consumer base (million) Distribution Loss (%) E-payment (% of total collection) % 68.48% 68.65% Dist. Loss not E-payments 3.06 3.05 comparable YoY as remains strong Slight meter reading as increase in 7.21% with greater per guidelin
Slide 14: Distribution Utility (AEML) - Consumer Mix Q2FY22 YoY
ATL: Distribution Utility (AEML) - Consumer Mix Q2FY22 YoY Consumer-wise volume mix Consumer-wise revenue mix 61% 54% 55% 49% 39% 34% 33% 27% Consumer mix shifting back from higher residential demand to rise 11% 12% in commercial and 12% 13% industrial segment demand Residential Commercial Industria
Slide 15: Global Peer Benchmarking
Adani Transmission Limited Debt Presentation | February 2 0 2 0 Transmission Global Peer Benchmarking (Jan-Dec’20) 14
Slide 16: Transmission Operational Parameters – Peer Benchmarking (Jan-Dec'20)
ATL: Transmission Operational Parameters – Peer Benchmarking (Jan-Dec’20) System Availability / Reliability* (%) in line with global standards 99.99% 99.99% 99.99% 99.99% 100% 99.88% 100% 99% 98.60% 99% 98% 98% Italian Utility Russian Utility Spanish Utility Finland Utility Australian Utility Adani
Slide 17: Transmission Financial Parameters – Peer Benchmarking (Jan-Dec'20)
ATL: Transmission Financial Parameters – Peer Benchmarking (Jan-Dec’20) ATL has highest EBITDA margin in transmission business across global utilities compared Peer Benchmarking – Financial Parameters (INR billion) 300 100% 92% 90% 250 80% 237 70% 79% 80% 77% 77% 70% 200 182 166 60% 162 150 145 50%
Slide 18: Annexure - 1HFY22 YoY Performance
Annexure - 1HFY22 YoY Performance
Slide 19: Executive Summary – Segment-wise Performance in 1HFY22 YoY
ATL: Executive Summary – Segment-wise Performance in 1HFY22 YoY • Transmission Business: • Distribution Business: – Transmission Lines operating at greater than 99.87% system availability – Maintained supply reliability of more than 99.9% – Added 693 ckt kms to operational network reaching to 18,801
Slide 20: Transmission Utility – Key Operating Metrics 1HFY22 YoY
ATL: Transmission Utility – Key Operating Metrics 1HFY22 YoY Transmission Network length(2) (ckt kms) Power Transformation Capacity(2) (MVA) 18,801 36,766 Significant network Transformation 14,837 addition (+27% yoy) on 27,280 capacity has increased account of Alipurduar and 35% during the period WK
Slide 21: Distribution Utility (AEML) – Key Operating Metrics 1HFY22 YoY
ATL: Distribution Utility (AEML) – Key Operating Metrics 1HFY22 YoY Supply Reliability (ASAI) (%) SAIDI (mins), SAIFI (nos.) and CAIDI (mins)(1) SAIDI CAIDI SAIFI 99.995% 99.995% 29.43 27.45 Consistent Maintained supply improvement in reliability of more 14.09 reliability than 99% 12.31 parameters 0
Slide 22: Distribution Utility (AEML) – Key Operating Metrics 1HFY22 YoY
ATL: Distribution Utility (AEML) – Key Operating Metrics 1HFY22 YoY Consumer base (million) Distribution Loss (%) E-payment (% of total collection) 8.52% 73.49% 3.06 3.05 Distribution loss 69.26% improving E-payments 7.04% consistently due Marginal remains high increase in to focused loss depicting
Slide 23: Distribution Utility (AEML) - Consumer Mix 1HFY22 YoY
ATL: Distribution Utility (AEML) - Consumer Mix 1HFY22 YoY Consumer-wise volume mix Consumer-wise revenue mix 67% 60% 58% 52% 36% 31% 29% Consumer mix shifting 23% back from higher residential demand to rise 12% 11% 11% 10% in commercial and industrial segment demand Residential Commercial Industria
Slide 24: Transmission Line Availability– Obligor and USPP Assets Groups
Transmission Line Availability– Obligor and USPP Assets Groups
Slide 25: Q2FY22 YoY – Line availability across asset groups
ATL: Q2FY22 YoY – Line availability across asset groups Average Availability Across Operational Assets % (1) Focus on Maximizing Incentive % Line Availability - Obligor Group Incentive – Obligor 1 and Obligor 2 Normative Incentive 98.99% 99.87% 1.10% 1.30% 1.57% 98.5% 98.5% 99.0% 99.0% 97.5% 97.5% Q
Slide 26: 1HFY22 YoY – Line availability across asset groups
ATL: 1HFY22 YoY – Line availability across asset groups Average Availability Across Operational Assets % (1) Focus on Maximizing Incentive % Line Availability - Obligor Group Incentive – Obligor 1 and Obligor 2 Normative Incentive 99.92% 99.84% 1.18% 1.30% 1.46% 98.5% 98.5% 99.0% 99.0% 97.5% 97.5% 1
Slide 27: ATL – Operational and Under-construction Asset Portfolio
Adani Transmission Limited Debt Presentation | February 2 0 2 0 Transmission ATL – Operational and Under- construction Asset Portfolio 14
Slide 28: ATL's Evolution and Operational Asset Portfolio as of 1HFY22
ATL’s Evolution and Operational Asset Portfolio as of 1HFY22 Adani Transmission Limited ATL’s Transmission Network (ckt km) has grown 3.4x and expanded in Distribution business 100% 75% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% ATL’s “Grid-to-Switch” Integrated Platform ATIL MEGPTC
Slide 29: ATL's Under-construction Asset Portfolio as of 1HFY22
ATL‘s Under-construction Asset Portfolio as of 1HFY22 Adani Transmission Limited 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Obra-C WRSS – Lakadia Kharghar MP MP NKTL Jam Kham- GTL Banas- HVDC# WKTL Package I Package II Badaun XXI (A) baliya - Vikhroli kantha North Ghatampur Obra Lakadia
Slide 30: Thank You
adani Transmission adani Transmission Thank You -¢
Slide 31: Legal Disclaimer
Legal Disclaimer The information contained in this presentation is provided by Adani Transmission Limited (together with its subsidiaries, the “Company” or “ATL”) to you solely for your reference and for information purposes only. This presentation is highly confidential and is being given solely fo