Adani Energy Solutions Ltd · NSE:ADANIENSOL
Adani Energy Solutions — Adani Transmission — Corporate Update (October 2020)
28 slides from Adani Energy Solutions's corporate update, October 2020
Slide 1: Provisional Operational Update 1HFY21
Adani Transmission Limited Provisional Operational Update 1HFY21 October 2020
Slide 2: Contents
CONTENTS 04-08 1HFY21 YoY Performance 04 10-14 Q2FY21 YoY Performance 10 16-17 Global Peer Benchmarking 16 19-23 Q2FY21 QoQ Performance 19 25-26 Asset Portfolio 25
Slide 3: 1HFY21 YoY Performance
1HFY21 YoY Performance
Slide 4: Transmission Utility – Key Operating Metrics
ATL: Transmission Utility – Key Operating Metrics Average System availability(1) (%) Transmission Network length(2) (ckt kms) Target: Maintain Target: 20,000 ckt 99.9% reliability kms by 2022 14,837 14,738 99.88% 99.80% ATL maintained Low network addition target availability in due to Covid disrupti
Slide 5: Transmission Utility – Line availability across asset groups
ATL: Transmission Utility – 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 99.84% 99.80% 2.27% 1.3% 1.2% 0.7% 1.46% 98.5% 98.5% 99.0% 9
Slide 6: Integrated Distribution Utility (AEML) – Key Operating Metrics
ATL: Integrated Distribution Utility (AEML) – Key Operating Metrics Supply Reliability (ASAI) (%) SAIDI (mins), SAIFI (nos.) and CAIDI (mins)(1) Target: Maintain SAIFI SAIDI CAIDI Consistently Improve 99.9% reliability efficiency factors 99.995% 99.991% 32.67 29.43 Supply reliability of 23.78 Outage
Slide 7: Integrated Distribution Utility (AEML) – Key Operating Metrics
ATL: Integrated Distribution Utility (AEML) – Key Operating Metrics Consumer base (million) Distribution Loss(1) (%) Number of Complaints (No Power) Improving customer Consistently grow Target of <=7% satisfaction consumer base 8.42% 3.05 3.04 7.97% 478,887 Slight increase Distribution loss 301,698
Slide 8: Integrated Distribution Utility (AEML) - Consumer Mix
ATL: Integrated Distribution Utility (AEML) - Consumer Mix Consumer-wise volume mix Consumer-wise revenue mix 10% 11% 1HFY21 1HFY21 9% 10% 23% Higher residential 43% Higher residential 1HFY20 mix in 1HFY21 due 1HFY20 52% revenue mix during to shift in demand 39% 34% 55% the quarter due to from C&I t
Slide 9: Q2FY21 YoY Performance
Adani Transmission Limited Debt Presentation | February 2 0 2 0 Transmission Q2FY21 YoY Performance 14
Slide 10: Transmission Utility – Key Operating Metrics
ATL: Transmission Utility – Key Operating Metrics Average System availability(1) (%) Transmission Network length(2) (ckt kms) Target: Maintain Target: 20,000 ckt 99.9% reliability kms by 2022 14,837 14,738 99.90% 99.78% ATL maintained Low network addition more than 99% due to Covid disruption; avail
Slide 11: Transmission Utility – Line availability across asset groups
ATL: Transmission Utility – 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 99.87% 99.82% 2.25% 1.3% 1.3% 0.7% 1.57% 98.5% 98.5% 99.0%
Slide 12: Integrated Distribution Utility (AEML) – Key Operating Metrics
ATL: Integrated Distribution Utility (AEML) – Key Operating Metrics Supply Reliability (ASAI) (%) SAIDI (mins), SAIFI (nos.) and CAIDI (mins)(1) Target: Maintain Consistently Improve 99.9% reliability SAIFI SAIDI CAIDI efficiency factors 30.01 99.997% 99.996% 26.99 Maintained more Outage Time than 9
Slide 13: Integrated Distribution Utility (AEML) – Key Operating Metrics
ATL: Integrated Distribution Utility (AEML) – Key Operating Metrics Consumer base (million) Distribution Loss (%) Number of Complaints (No Power) Considerable fall in Consistently grow Target of <=7% number of complaints consumer base 8.18% 233,560 3.05 3.04 Slight increase Distribution losses 158,4
Slide 14: Integrated Distribution Utility (AEML) - Consumer Mix
ATL: Integrated Distribution Utility (AEML) - Consumer Mix Consumer-wise volume mix Consumer-wise revenue mix 12% 10% Q2FY21 Q2FY21 9% 9% Higher residential mix Higher residential in Q2FY21 due to shift 44% revenue mix during Q2FY20 51% Q2FY20 27% in demand from C&I to 32% the quarter due to 40% Res
Slide 15: Global Peer Benchmarking
Adani Transmission Limited Debt Presentation | February 2 0 2 0 Transmission Global Peer Benchmarking 14
Slide 16: Transmission System Financial and Operational Parameters – Peer Benchmarking
ATL: Transmission System Financial and Operational Parameters – Peer Benchmarking Peer Benchmarking on O&M, Employee expenses and EBITDA (INR Million per circuit km) 2.00 O&M and employee cost per 1.80 ckt km lower the better and 1.80 EBITDA higher the better 1.60 1.40 1.15 1.19 1.20 1.06 Lowest O&M
Slide 17: Transmission System Financial and Operational Parameters – Peer Benchmarking
ATL: Transmission System Financial and Operational Parameters – Peer Benchmarking Peer Benchmarking on Revenue and EBITDA (INR billion) 140 100% 92% 90% 120 118 74% 80% 80% 77% 78% 74% 100 70% 87 80 80 60% 80 50% 61 63 60 40% 40 30% 22 14 20% 20 17 16 13 12 10% 0 0% Peer 1 Peer 2 Peer 3 Peer 4 Peer
Slide 18: Annexure – Q2FY21 QoQ Performance
Adani Transmission Limited Debt Presentation | February 2 0 2 0 Transmission Annexure – Q2FY21 QoQ Performance 22
Slide 19: Transmission Utility – Key Operating Metrics
ATL: Transmission Utility – Key Operating Metrics Average System availability(1) (%) Transmission Network length(2) (ckt kms) Target: Maintain Target: 20,000 ckt 99.9% reliability kms by 2022 14,837 14,814 99.90% 99.91% ATL maintained Low network addition due more than 99% to Covid disruption; avail
Slide 20: Transmission Utility – Line availability across asset groups
ATL: Transmission Utility – 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 99.87% 99.88% 1.3% 1.2% 1.57% 1.35% 98.5% 98.5% 99.0% 99.0%
Slide 21: Integrated Distribution Utility (AEML) – Key Operating Metrics
ATL: Integrated Distribution Utility (AEML) – Key Operating Metrics Supply Reliability (ASAI) (%) SAIDI (mins), SAIFI (nos.) and CAIDI (mins)(1) Target: Maintain 99.9% reliability SAIFI SAIDI CAIDI Consistently improve efficiency factors 99.997% 99.992% 31.00 AEML maintained 26.99 Outage Time more t
Slide 22: Integrated Distribution Utility (AEML) – Key Operating Metrics
ATL: Integrated Distribution Utility (AEML) – Key Operating Metrics Consumer base (million) Distribution Loss (%) Number of Complaints (No Power) Slight increase in Consistently grow Target of <=7% number of complaints consumer base 13.47% 158,493 3.05 3.05 143,180 Distribution losses Increase in fe
Slide 23: Integrated Distribution Utility (AEML) - Consumer Mix
ATL: Integrated Distribution Utility (AEML) - Consumer Mix Consumer-wise volume mix Consumer-wise revenue mix 12% 10% Q2FY21 Q2FY21 8% 9% 19% Improvement in Improvement in 25% Commercial and Commercial sales Q1FY21 Q1FY21 27% Industrial volume in 32% in overall mix overall mix in Q2FY21 post relaxat
Slide 24: ATL - Asset Portfolio
Adani Transmission Limited Debt Presentation | February 2 0 2 0 Transmission ATL - Asset Portfolio 14
Slide 25: ATL’s Evolution and Operational Portfolio
ATL’s Evolution and Operational Portfolio ATL’s Transmission Network (ckt km) has grown 2.7x Adani Transmission Limited in 3 years; and Distribution business acquired in FY19 ATL’s “Grid-to-Switch” Integrated Platform 100% 100% 75% 100% 100% 100% 100% 100% 100% 100% 100% ATSCL & WTGL, PPP ATIL MEGPT
Slide 26: Locked-in Growth from Under-construction Projects
ATL: Locked-in Growth from Under-construction Projects Adani Transmission Limited 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Ghatam- Obra-C WRSS – Bikaner - Lakadia Kharghar NKTL Jam Kham- FBTL Banas- HVDC# pur Badaun XXI (A) Khetri baliya - Vikhroli kantha North Fategarh Ghatampur Obra
Slide 27: 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 28: Thank You
adani Transmission adani Transmission Thank You -¢