Adani Energy Solutions Ltd · NSE:ADANIENSOL
Adani Energy Solutions — Adani Transmission — Q3 FY2022 Earnings Presentation
32 slides from Adani Energy Solutions's earnings presentation, January 2022
Slide 1: Adani Transmission Limited Provisional Operational Update Q3FY22
Adani Transmission Limited Provisional Operational Update Q3FY22 January 2022
Slide 2: Contents
CONTENTS 04-07 Adani Group 04 09 Executive Summary – Q3FY22 09 11-14 Q3FY22 (YoY) Performance 11 16-19 9MFY22 (YoY) Performance 16 Q3 - ESG and Industry-specific 21 21 Awards Line Availability Across Assets 23 23-24 Groups – Obligor and USPP Global Peer Benchmarking 26 26-27 29 29-30 ATL’s Asset Por
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% 61.3% 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% 21% 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 13 states Transmission (FY21): Development with 31 transmission projects 18,567 ckm(1) 51% of EBITDA - Central po
Slide 8: Executive Summary – Q3FY22
Adani Transmission Limited Debt Presentation | February 2 0 2 0 Transmission Executive Summary – Q3FY22 14
Slide 9: Executive Summary – Segment-wise Performance in Q3FY22
ATL: Executive Summary – Segment-wise Performance in Q3FY22 Transmission Business: Distribution Business: – 10% YoY growth – units sold 2,060 million units vs. 1,874 – Added 411 ckt kms in Q3 FY22 to operational million units last year due to increase in energy demand network, with total network at
Slide 10: Q3FY22 Performance (YoY)
Q3FY22 Performance (YoY)
Slide 11: Transmission Utility – Key Operating Metrics Q3FY22 (YoY)
ATL: Transmission Utility – Key Operating Metrics Q3FY22 (YoY) Transmission Network length(1) (ckt kms) Power Transformation Capacity(1) (MVA) 18,567 Significant network 38,641 Transformation 15,487 capacity has increased addition (+20% yoy) on account of Alipurduar and 27,280 42% during the period
Slide 12: Distribution Utility (AEML) – Key Operating Metrics Q3FY22 (YoY)
ATL: Distribution Utility (AEML) – Key Operating Metrics Q3FY22 (YoY) Supply Reliability (ASAI) (%) SAIDI (mins), SAIFI (nos.) and CAIDI (mins)(1) SAIFI SAIDI CAIDI 34.56 99.995% 99.992% 33.49 Outage Time AEML maintained and Outage more than 99.9% Occurrences supply have further 10.42 improved 6.59
Slide 13: Distribution Utility (AEML) – Key Operating Metrics Q3FY22 (YoY)
ATL: Distribution Utility (AEML) – Key Operating Metrics Q3FY22 (YoY) Consumer base (million) Distribution Loss (%) E-payment (% of total collection) % 69.99% 3.06 3.05 E-payments Slight Distribution loss at 63.46% remains strong increase in 7.06% remains low 7.06% with greater customer 6.70% and we
Slide 14: Distribution Utility (AEML) – Consumer Mix Q3FY22 (YoY)
ATL: Distribution Utility (AEML) – Consumer Mix Q3FY22 (YoY) Consumer-wise volume mix Consumer-wise revenue mix 54% 51% 46% 48% 41% 40% 37% 34% Consumer mix shifting back from residential demand to 12% 12% higher commercial and 13% 12% industrial segment demand resulting in higher revenue Residentia
Slide 15: Annexure – 9MFY22 Performance (YoY)
Annexure – 9MFY22 Performance (YoY)
Slide 16: Transmission Utility – Key Operating Metrics 9MFY22 (YoY)
ATL: Transmission Utility – Key Operating Metrics 9MFY22 (YoY) Transmission Network length(2) (ckt kms) Power Transformation Capacity(2) (MVA) 18,567 38,641 Significant network Transformation 15,487 capacity has increased addition (+20% yoy) on 27,280 account of Alipurduar and 42% during the period
Slide 17: Distribution Utility (AEML) – Key Operating Metrics 9MFY22 (YoY)
ATL: Distribution Utility (AEML) – Key Operating Metrics 9MFY22 (YoY) Supply Reliability (ASAI) (%) SAIDI (mins), SAIFI (nos.) and CAIDI (mins)(1) SAIFI SAIDI CAIDI 99.995% 99.994% 29.56 31.03 24.48 Strong improvement Maintained supply in reliability reliability of more 18.87 parameters than 99% 0.6
Slide 18: Distribution Utility (AEML) – Key Operating Metrics 9MFY22 (YoY)
ATL: Distribution Utility (AEML) – Key Operating Metrics 9MFY22 (YoY) Consumer base (million) Distribution Loss (%) E-payment (% of total collection) 7.90% 3.06 3.05 Distribution loss 69.51% 69.53% 7.19% improving E-payments Marginal consistently due remains increase in to focused loss constant cons
Slide 19: Distribution Utility (AEML) – Consumer Mix 9MFY22 (YoY)
ATL: Distribution Utility (AEML) – Consumer Mix 9MFY22 (YoY) Consumer-wise volume mix Consumer-wise revenue mix 56% 62% 50% 56% 38% 33% 33% Consumer mix shifting 27% back from residential demand to higher commercial and industrial 12% 11% 12% 11% segment demand resulting in higher revenue Residentia
Slide 20: Q3 ESG and Industry-specific Awards
Q3 ESG and Industry- specific Awards
Slide 21: ESG and Industry-specific Awards & Achievements in Q3
ATL: ESG and Industry-specific Awards & Achievements in Q3 • Won three awards (Platinum, Gold and Silver) in Environmental and Confederation of Indian Economic Sustainability Category in areas of green energy and cluster- Industry’s (CII) Operational based maintenance initiatives and efforts Sustain
Slide 22: Transmission Line Availability– Obligor and USPP Assets Groups
Transmission Line Availability– Obligor and USPP Assets Groups
Slide 23: Q3FY22 (YoY) – Line availability across asset groups
ATL: Q3FY22 (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 99.53% 99.82% 0.21% 1.13% 1.14% 1.95% 98.5% 98.5% 99.0% 99.0% 97.5%
Slide 24: 9MFY22 (YoY) – Line availability across asset groups
ATL: 9MFY22 (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 99.48% 99.84% 1.16% 1.21% 0.04% 1.63% 98.5% 98.5% 99.0% 99.0% 97.5%
Slide 25: Global Peer Benchmarking
Adani Transmission Limited Debt Presentation | February 2 0 2 0 Transmission Global Peer Benchmarking (Jan-Dec’20) 14
Slide 26: Transmission Operational Parameters – Peer Benchmarking
ATL: Transmission Operational Parameters – Peer Benchmarking 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 ATL has one o
Slide 27: Transmission Financial Parameters – Peer Benchmarking
ATL: Transmission Financial Parameters – Peer Benchmarking 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% 128 40% 100 3
Slide 28: 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 29: ATL’s Evolution and Operational Asset Portfolio as of 9MFY22
ATL’s Evolution and Operational Asset Portfolio as of 9MFY22 Adani Transmission Limited ATL’s Transmission Network (ckt km) has grown 3.4x and expanded in Distribution business 100% 100% 100% 75% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% ATL’s “Grid-to-Switch” Integrated Platform ATSCL
Slide 30: ATL‘s Under-construction Asset Portfolio as of 9MFY22
ATL‘s Under-construction Asset Portfolio as of 9MFY22 Adani Transmission Limited 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Obra-C WRSS – Lakadia MP Kharghar Jam Kham- NKTL Banas- WKTL HVDC# Khavda Karur Badaun XXI (A) baliya Package II - Vikhroli kantha North Obra Lakadia - Lakadia- Jam
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
Slide 32: Thank You
adani Transmission adani Transmission Thank You -¢