Cesc Ltd · NSE:CESC
Cesc — Investor Presentation (February 2019)
32 slides from Cesc's investor presentation, February 2019
Slide 1: CESC Limited
CESC Limited Powering India since 1899 February 2019 1
Slide 2: Disclaimer
This presentation has been prepared by and is the sole responsibility of CESC Limited (the “Company”). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or form part of any offer or invitation or inducement to sell or iss
Slide 3: RP-Sanjiv Goenka Group: Growing Legacies
4 & Ap-sanjiv Goenka —Ir Group Growing Legacies GROWING ~ LEGACIES | OUR CULTURE. serie cesc NPCE ACME... a SURYA HOL ae _@ rea oa IMA. ' www.rp-sg.in ralou icon CAE ww WOODLANDS HOSPITAL
Slide 4: RP-Sanjiv Goenka Group
RP- Sanjiv Goenka Group CESC Ltd Fully Integrated Private Power Utility RP-Sanjiv Goenka Group is a well known diversified business house in India Phillips Carbon Black India’s largest Carbon Black Manufacturer Ltd RP-Sanjiv Goenka Group has interests across diverse business sectors - Power & Na
Slide 5: Group Financials
Group Financials Revenue (Rs. bn) EBIDTA (Rs. bn) 250 50 200 40 150 30 100 20 50 10 0 0 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 Gross Assets (Rs. bn) Gross Debt (Rs. bn) 500 200 400 150 300 100 200 50 100 0 0 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY11 FY12 F
Slide 6: Power Business: Generation & Distribution
POWER BUSINESS GENERATION & DISTRIBUTION 6
Slide 7: Operational Facilities - Overview
OPERATIONAL FACILITIES -OVERVIEW Renewables Kolkata Distribution Business Independent Power Plants 600 MW thermal power plant in Coal Mining, Power Generation & Chandrapur, Maharashtra Noida Distribution Distribution (Project cost Rs. 38 billion) -1125 MW thermal power plant - 567 sq km area 600 MW
Slide 8: Financial Performance FY2017-18
Financial Performance FY2017-18 Revenue EBITDA PAT (Rs. Crs) (Rs. Crs) (Rs. Crs) CESC Ltd 7954 2210 861 Haldia Energy Ltd 2261 1094 313 Noida Power Company Ltd 1375 350 100 Kota/Bharatpur/Bikaner 1287 (95) (120) Dhariwal Infrastructure Ltd 896 229 (199) Crescent Power Ltd. 175 84 47 Surya Vidyut Ltd
Slide 9: Distribution Overview
Distribution Overview Rajasthan – City/ (KOTA, Kolkata Noida Malegaon Location Bharatpur, Bikaner) Bikaner Distribution Input based Input based Noida Licensee Licensee Bharatpur Contract franchisee franchisee Kota Kolkata Area 567 sq. km 335 sq. km 381 sq. km 25 sq. km Malegaon Consumer 32 lakhs 82
Slide 10: Overview of CESC - Kolkata Distribution Business
Overview of CESC - Kolkata Distribution Business India’s oldest electricity utility, operating since 1899- 120+ years of experience Engaged in Coal mining, Generation and Distribution of electricity to city of Kolkata & adjoining areas Almost entire energy requirement met from own / subsidiary
Slide 11: Kolkata distribution: B2C Business
Kolkata distribution : B2C Business Integrated Fault 3.2m Consumers 6 Regions Customer Mgmt. / SBUs Care Sys • Total Sales - • 10 Mains CRM • World-class 9739MU District Control Centre • LT – 69% • 73 10 Mains • SCADA & Commercial Districts Analytics • HT – 31% districts (Meter Fault Reading & Resto
Slide 12: Delivering Customer service across the electricity value chain
Delivering Customer service across the electricity value chain Network Technology Reliability Innovations Generation Transmission Distribution Smart outage Complaint management 16.5KV 400,220KV 33,11KV 440V/220V Management Smart Metering Virtual office 12
Slide 13: Leadership in Technology and Innovation
Leadership in Technology and Innovation Integrated SS at New Cossipore Compact 33 kV Distribution Underground 132 kV SS at with 220, 132 & 33 kV GIS Station `Quest Mall’ Transforming the way Utilities relate to their customers AMI with approx. 25,000 Smart 1.5 MW Demand Response project with Meters
Slide 14: Improving Consumer Experience with superior customer service
Web Services Mobile Apps Improving Consumer Experience with superior customer service SMS Services 24x7 Call Centre Branding Communication – Web chat etc Enriching Consumer Experience Social Social Media Media 14
Slide 15: Awards & Recognitions
Awards & Recognitions Dun & Bradstreet Infra Awards 2017 – Best Distribution Company Budge Budge TPP Awarded as the 8th CII national HR excellence awards Gold Winner at the 2017 – Significant Global Environment achievement in HR Award Recent Recognitions CBIP Award CII-Exim Bank 2019 Award for Busin
Slide 16: CESC
CESC Limiteo Poser} SK e-sanjiv aoenka =HPX Grove
Slide 17: CESC Standalone Financials
CESC Standalone Financials PBT (Rs. Bn) Long Term Debt / Equity Ratio 10.99 11.02 0.70 10.46 0.65 8.83 0.6 0.60 0.60 8.25 0.60 7.73 6.93 0.5 [VALUE]0 6.14 FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 Financial nos. from FY’16 compiled under IND AS FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 EPS (Rs.) Dividen
Slide 18: Noida Power Company Limited
Noida Power Company Limited JV with Power Procurement Distribution Area Greater Noida Started operations Dhariwal Greater Noida in Industrial December 1993 Infrastructure/ Short Uttar Pradesh Development Term/ Renewables Authority Area 335 sq.km. Population No. of consumers Peak Demand (equivalent t
Slide 19: CESC
CESC Limiteo Poser} SK e-sanjiv aoenka =HPX Grove
Slide 20: Significant Accreditations
Significant Accreditations Received Star Performance Improvement Award Received Star Performance Improvement Award Received Gold and Silver award at CCQC by QCFI, at ICC 6th “Innovation with Impact Award” for at ICC 5th “Innovation with Impact Award” for New Delhi Chapter Discoms, 2018 (2nd Rank) Di
Slide 21: Distribution Franchisee-Kota, Bharatpur and Bikaner
Distribution Franchisee-Kota, Bharatpur and Bikaner Particulars Kota Bharatpur Bikaner Area (Sq. Km.) 176 50 155 Population (Nos. Lakh) 11.76 2.52 6.44 Consumer Count (Nos. Lakh) 2.28 0.63 1.79 Energy Input (Million Units) 1300 270 865 330 Km Units Sold (Million Units) 1010 230 670 170 Km Dom. = 48%
Slide 22: Key Interventions after Takeover
Key Interventions after Takeover Soft value enhancement for Loss Reduction Initiatives Network Reliability customers • Defective meters replaced • Centralized Command Station • New connection within a day • Regular billing for consumers • Diesel Gen Sets on stand-by for • Outage calls attended in <1
Slide 23: Visible Changes-Distribution Franchisee
Visible Changes-Distribution Franchisee 33kV GSS after Maintenance Customer Help Desk New Connection Camps 23
Slide 24: CESC Distribution – Malegaon
CESC Distribution – Malegaon Mumbai- Malegaon 270 Kms Start of operations Distribution Area Concession Period Power Procurement April 2019 Malegaon in 20 Years MSEDCL (Anticipated) Maharashtra Area No. of consumers Energy Input Energy Billed 25 sq.km. 1 lakh 900 MUs 497 MUs Nashik- Malegaon ~100 Kms
Slide 25: Generation Overview
Generation Overview PLF YTD Generation Capacity 2539 MW Plant Capacity Dec 18 Offtake Arrangement Fuel Security • CIL Linkage BBGS 750 MW 92 • 100% Long term PPA - Kolkata Area • Coal Mine • E-auction SGS 135 MW 28 • 100% Long term PPA - Kolkata Area • CIL Linkage Nipaniya TGS 240 MW - • 100% Long t
Slide 26: Power Generation – Integrated with Kolkata Distribution
Power Generation – Integrated with Kolkata Distribution Stations Budge Budge- BBGS Assured Post Tax (3x250MW) Cumulative Capacity Equity Return Southern- SGS 1125MW 15.5% on (2x67.5MW) Normative Equity Titagarh- TGS (4x60MW) 1985 1990 4 X 60 MW TGS commissioned 2 X 67.5 MW SGS commissioned BBGS pres
Slide 27: 600 MW Haldia Thermal Power Project, West Bengal
600 MW Haldia Thermal Power Project, West Bengal • Generating Station: 2x300 MW Thermal Power Plant • Entire capacity to CESC (Kolkata) -PPA approved by WBERC • Assured Post Tax Equity Return 15.5% on Normative Equity • Fuel Supply Agreement with Mahanadi Coalfields Limited • Presently featuring amo
Slide 28: 600 MW Chandrapur Thermal Power Project, Maharashtra
600 MW Chandrapur Thermal Power Project, Maharashtra • First Independent Power Plant of CESC • Generating Station: 2x300 MW in Chandrapur, near Nagpur • Project cost of Rs. 38 billion funded at 75:25 debt-equity ratio • Fuel Supply Agreement with South Eastern Coal Fields Limited • Received ISO cert
Slide 29: Crescent Power
Crescent Power • Generating Station: 40 MW AFBC based power plant • Commissioning Year: 2010 • Plant set up at CESC’s Sarisatolli coal mine pit in West Bengal • Power sold to the grid • Plant uses washery rejects, with Carbonaceous Shale as fuel • Connected to State Transmission Utility Grid Substat
Slide 30: Renewables - Current Operations
Renewables - Current Operations Company Logo Operational (174 MW) Jaisalmer 24 MW Wind Rojmal Nipaniya 70 MW Wind 36 MW Wind Mahidad 26 MW Wind Ramnad 18MW Solar 30 30
Slide 31: Renewables
Renewables One of the best portfolios in terms of tariff and returns Amongst the first companies to set up a Solar Power Project at Gujarat (2010) and Tamil Nadu (2015) under the State Feed-in-tariff model Capacity Project Plant Type PPA with Type of Power Sale COD MW Dangri, Rajasthan Wind 24 JVVNL
Slide 32: Thank You
THANK YOU 32