Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q3 FY2013 Earnings Presentation
20 slides from Power Grid Corporation Of India's earnings presentation, Feb 12, 2013
Slide 1: Press Meet 12th February, 2013
1200kV AC Sub-station at Bina Delivering Smart Grid/ Distribution Solutions ` Press Meet 12th February, 2013
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: Contents
Contents Project Highlights Financial Highlights Highlights - Other Segments Investment Programme Updates: New Initiatives 3 One Nation, One Grid
Slide 4: Project Highlights
Project Highlights Major Projects Commissioned during Q3 (FY13) 765kV Sasan – Satna line associated with Sasan UMPP 400kV Mundra – Jetpur line associated with Mundra UMPP 400kV Gandhar – Navsari associated with Mundra UMPP 400kV Vindhyachal IV – Vindhyachal pooling station 400kV Raipur – W
Slide 5: Project Execution
Project Execution Transmission Lines X-formation Capacity (GW-ckm) (MVA) 4330 39% 28783 * 3107 303% 7140 Apr-Dec (FY12) Apr-Dec (FY13) Apr-Dec (FY12) Apr-Dec (FY13) Till 31-Jan-13: 4766 GW-ckm Till 31-Jan-13: 32,633 MVA (*) 20,000 MVA pertains to 765kV 5 One Nation, One Grid
Slide 6: Project Execution
Project Execution (₹ in crore) Capex 9352 12713 Commissioning 8685 6285 5536 4074 2586 2228 Q3 (Apr-Dec) Q3 (Apr-Dec) FY12 FY13 FY12 FY13 FY12 FY13 FY12 FY13 (till 9 (till (till 9 (till Feb12) date) Feb12) date) ~10,300 ~15,000 ~8,200 ~10,550 6 One Nation, One Grid
Slide 7: Financial Performance (Quarterly)
Financial Performance (₹ in crore) (Quarterly) Total Income Profit After Tax 1126 1129 3490 3243 2980 870 809 2577 2459 2341 705 709 Q1FY12 Q1FY13 Q2FY12 Q2FY13 Q3FY12 Q3FY13 Q1FY12 Q1FY13 Q2FY12 Q2FY13 Q3FY12 Q3FY13 7 One Nation, One Grid
Slide 8: Financial Performance (Cumulative)
Financial Performance (Cumulative) (₹ in crore) 9713 7376 Interim Dividend FY12 FY13 3125 8% 16.1% 2223 Total Income PAT Apr-Dec(FY12) Apr-Dec (FY13) 8 One Nation, One Grid
Slide 9: Financial Performance (Q3 FY13)
Financial Performance (Q3 FY13) (₹ in crore) Quarter ended Nine months ended FY 2011-12 31.12.2012 31.12.2011 31.12.2012 31.12.2011 Income - Transmission Charges 3238 2340 8971 6585 9544 - Consultancy 66 73 194 199 290 - Telecom 58 54 171 149 201 - Other Income 128 110 377 443 750 Total Income 3490
Slide 10: Financial Performance (Q3 FY13)
Financial Performance (Q3 FY13) (₹ in crore) As on As on As on As on 31.03.2012 30.06.2012 30.09.2012 31.12.2012 Gross Fixed Assets 63387 68866 72598 75879 Capital Work-in-Progress 33275 32218 33533 37104 Debt 51752 57987 58158 61667 Net Worth 23488 24358 25483 26612 Earning Per Share (₹) 7.03 1.88*
Slide 11: Operations: Asset Management
Operations: Asset Management Adoption of International best Availability 99.90% Practices Reliability 0.51 trippings/ line (Apr’12-Jan’13) National Transmission Asset Management Center (NTAMC) Lines • 774 Nos. • 98,367 ckm Under Implementation For Centralized Operation, Maintenance & Control of Sub-
Slide 12: Grid Management & REC Mechanism
Grid Management & REC Mechanism1 Grid Management REC Mechanism: Highlights Apr-Dec (FY12) Apr-Dec(FY13) Growth Consistent increase in STOA Transactions REC Issued and Inter-Regional Energy Transfer 5,46,808 34,38,083 ~6.3x (Nos.) REC Traded 112.64 330.42 ~2.93x (₹ in crore) 24.25 48.90 Cumulative RE
Slide 13: Other Business Segments
Other Business Segments Telecom Consultancy (Domestic) Q3 Highlights Q3 Highlights • 5 New clients added • 9 New assignments • 2 New clients added National Knowledge Network (NKN) Assignments under execution • Total Value of allocations received for NKN ~₹ 900 • 116 assignments crore for 10 year per
Slide 14: International Business
International Business • Consultancy • Asset Management Focus • EPC Businesses • JV/ Acquisition • Capacity Building Q3 Orders 3 Nos. Proposals/ EoI submitted Shortlisted for • 4 assignments Consultancy • 1 new country • World Bank project Under execution Focus Geographies Recent Developments SAARC
Slide 15: Investment Programme
Investment Programme (₹ in crore) Grid CS Gen, Strength., 26,000 17,600 26% FY14-15 FY15-16 17.6% 20,000 20,000 UMPP, 8,400 FY16-17 IPP, 8.4% FY13-14 48,000 20,000 20,000 48% FY12-13 20,000 Projects/ Schemes Capital Outlay Investment Approved - ₹ 88,700 crore Contracts awarded for Project Cost: ₹ 78
Slide 16: Funding Programme
Funding Programme Investment planned in Debt-Equity ratio of 70:30 Equity Requirement ₹ 28,000- Sources 30,000 cr through Domestic Market Internal Accruals • Bonds Total • Line of Credit from SBI Investment Programme of Foreign Currency • Govt. guaranteed funds from ₹ 100,000 IFIs like World Bank &
Slide 17: International Credit Rating
International Credit Rating POWERGRID gets its International Credit Rating Fitch POWERGRID BBB - S&P POWERGRID BBB - Corporate Corporate (Negative (Negative Outlook) Outlook) POWERGRID BBB POWERGRID BBB - Standalone Standalone Credit Profile Credit Profile Corporate Ratings consistent with GoI’s sov
Slide 18: New Business Initiatives: JV with States
New Business Initiatives: JV with States POWERGRID forms 50:50 JVs with States for intra-state works Odisha Power Transmission Kalinga Bidyut Co. Ltd. Prasaran Nigam Pvt. Ltd. Odisha State Project Cost: ~ ₹ 2500 crore Bihar State Bihar State Bihar Grid Power (Holding) Company Ltd. Co. Ltd. Project C
Slide 19: New Business Initiatives: Updates
New Business Initiatives: Updates Energy Efficiency • New EA and EM added to the existing pool of Qualified EA & EMs • Conducted Audit for 9 establishments during Q3FY13 • New establishment for Auditing under progress • Pursuing JV formation for Energy Service businesses Distribution (Wire Business)
Slide 20: Thank You
Thank You 20 One Nation, One Grid
Power Grid Corporation of India — Q3 FY2013 Earnings Presentation on 6ix