Slide 1: Exchange filing cover letter for Q1 FY2022-23 presentation
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Slide 2: Investor Presentation Financial Year 22-23: June 2022
Clean Power For Every Home INVESTOR PRESENTATION FINANCIAL YEAR 22-23 : June 2022 Salal Power Station, J&K
Slide 3: Presentation Outline
Presentation Outline 2 NHPC Today Financial Highlights Financial Ratios Renewable Energy Projects At Glance Our Vision: To be a global leading organization for sustainable development of clean power through competent, responsible and innovative values.
Slide 4: NHPC Today
NHPC-Today 3 Subansiri Lower Project Teesta V, Sikkim NHPC-Energising India With Hydropower
Slide 5: Physical Snapshot
PHYSICAL SNAPSHOT 4 Ratle Kwar Kishanganga Chutak Installed • Incorporated in 1975 with authorised capital of Rs. 200 crore, Uri II Uri I Nimoo Bazgo Kiru the present authorised capital is Rs.15000 crore (Paid Up Pakal Dul Capacity Salal J&K Dulhasti Capital Rs.10,045 crore) Baira Siul Sewa II Chame
Slide 6: Physical Snapshot
PHYSICAL SNAPSHOT Power Stations under Operation-22 Nos. 5 (5551 MW*) Hydro Power is 12% (46850 MW) of Installed Power Stations with Subsidiary (NHDC) - 2 Nos. All India Installed Capacity (403760 MW**) . Capacity (1520 MW) Total Operational Projects – 24 Nos. (7071 MW) NHPC Contribution is 15
Slide 7: NHPC's Track Record – A Ten Year Digest
NHPC ‘s Track Record – A Ten Year Digest 6 Standalone Generation (in M.U.) Actual Q1 FY’23 Actual Q1 FY’22 Installed Capacity 24410 26126 24235 24494 23683 23275 22973 22038 •Country 18923 •Country 18386 Generation Generation 376 BU 326 BU Under Construction •Share of Hydro •Share of Hydro Power 36
Slide 8: Financial Highlights
7 Financial Highlights Sewa II, J&K Chamera I, Himachal Clean Power For Every Home
Slide 9: Financial Highlights: Standalone
Financial Highlights : Standalone Particulars FY’23 Qtr-1 FY’22 Qtr-1 % Change Qtr-1 8 Rs. In Crore Revenue & Expenditure-Analysis Revenue from Operation 2594.36 2170.21 19.54 Revenue Q1 FY’23 Expenditure Q1 FY’23 Other Employ Income ees Other Income 216.45 203.05 6.60 Other Expenses, Benefits 8% 34
Slide 10: Statement of Assets & Liabilities
Statement of Assets & Liabilities Rs. In Crore Equity and Liabilities Q1 FY’23 9 FY’22 Share Holder’s Funds 34524.91 33486.10 Loan Funds-Long Term 23182.11 23179.49 Deferred Tax Liabilities 2040.00 2100.74 Other Long term Liabilities & Provisions 4157.59 4162.25 Current Liabilities & Provisions 6464
Slide 11: Debtors Position
Debtors Position Rs. In Crore Total Debtors (in Crs.) 10 S. N. Particulars As on As on As on As on As on 30.06.2022 31.03.2022 31.03.2021 31.12.2021 30.09.2021 1 Trade Receivables 5488 4621 4532 3257 3428 (including unbilled (including (including debtors of Rs. 2139 unbilled debtors of unbilled debt
Slide 12: Incentives Position
Incentives Position 11 Comparative Incentive YoY (in Crs.) Rs. In Crore Sl. Particulars FY22-23 FY21-22 Q-1 Q-2 Q-3 Q-4 Total Q-1 Q-2 Q-3 Q-4 Total 1 Secondary 0.00 - - - 0.00 0.00 0.00 13.36 124.67 138.03 Energy 2 Incentives 171.44 - - - 171.44 125.47 178.29 88.94 22.20 414.90 3 Deviation 72.14 - -
Slide 13: Key Financials: Q1 FY'23
Key Financials : Q1 FY’23 P&L Standalone Balance Sheet Standalone 12 Rs. In Crore Total Income 2811 Share Capital 10045 EBITDA 1623 Net worth 34525 EBITDA Margin 58% Long Term Debt 23182 PAT 1050 Cash & Bank Bal. 1125 Profit Margin 37% Gross Block 39756 Dividend Pay Out (FY‘22) Rs. 1.81 Per Share/ 5
Slide 14: NHPC – Key Ratios
NHPC – Key Ratios S. No. Particulars Q1 FY’23 FY’22 13 Particulars Standalone Consolidated Standalone Consolidated 1. PAT (Rs. in Cr.) 1049.58 1039.31 3537.71 3523.57 2. Net-worth (Rs. in Cr.) 34524.91 35949.27 33486.10 34920.98 3. No. of Equity Shares (In Cr.) 1004.50 1004.50 1004.50 1004.50 4. EPS
Slide 15: NHDC Ltd. (Subsidiary) – Snapshots: FY 21-22
NHDC Ltd. (Subsidiary) – Snapshots : FY 21-22 Shareholding Pattern : 51:49 (NHPC : GoMP) 14 Physical Performance 94.32% 94.82% Installed Capacity : 1520 MW 5,000 4,110 4,236 92.74% 96% 93.89% 95% 4,000 90.64% 2,645 94% 3,000 1,325 93% Design Energy : 2159.71 MUs 1,921 92% 2,000 91% 1,000 90% 89% Gen
Slide 16: Capacity Addition & Regulated Equity (Hydro)
NHPC – Capacity Addition & Regulated Equity (Hydro) Progressive Capacity Addition 15 Progressive Regulated Equity 25000 22027 20000 Cap. Add. 23-24/ 8251 MW 2800 MW Cuml. Cap. 15000 Subansiri Lower : 2000 MW 13060 Parbati II : 800 MW 10000 8967 5000 Installed Capacity 21-22 5451 MW 1480 0 FY 21-22 F
Slide 17: NHPC – CAPEX
NHPC – CAPEX F.Y Amount (Rs. In Remarks 16 Crore) 2014-15 2615 (Actual) 2015-16 2793 (Actual) 2016-17 2438 (Actual) 2017-18 2722 (Actual) 2018-19 2213 (Actual) 2019-20 4155 (Actual) 2020-21 3568 (Actual) 2021-22 5166 (Actual) 2022-23 5862 (BE)
Slide 18: Major Highlights during the period
NHPC – Major Highlights during the period 17 Hon’ble Prime Minister of India laid the foundation Stone of the Kwar Hydroelectric Project (540 MW) on 24.04.2022 and Cabinet Committee on Economic Affairs (CCEA) chaired by Hon’ble Prime Minister of India accorded investment approval to the project at
Slide 19: Renewable Energy
18 Renewable Energy Solar Energy Clean Power For EVERY HOME
Slide 20: Renewable Energy: Standalone (Ownership Based)
Renewable Energy A (i) Standalone (Ownership Based) 19 (a) Under Construction Estimated Expected Capacity Tariff S.No Name of Project Capital cost Commissioning Status of PPA (MW) (Rs./unit) (in Crs.) Schedule 1 Solar Power Project, Ganjam (Odisha) 40 178.00 2022-23 2.75 PPA Signed with GRIDCO 2 600
Slide 21: Renewable Energy: Standalone (As Intermediary Procurer)
Renewable Energy 20 A (ii) Standalone (As Intermediary Procurer) (a) Under Construction Expected Capacity Estimated S.No Name of Project Commissioning Tariff (Rs./unit) Status of PPA (MW) Capital cost Schedule 1 Projects through Solar 2000 0.00 2022-23 2.55 (1680 MW) PPA and PSA signed. Tariff Power
Slide 22: Renewable Energy: Subsidiary/JV Mode
Renewable Energy 21 B. Subsidiary/JV Mode (a) Under Construction Expected Capacity Estimated Tentative Tariff S.No Name of Project Commissioning Status of PPA (MW) Capital cost (Rs./unit) Schedule 1 Solar Power Project, Kalpi 65 312.00 2022-23 2.68 Power Purchase Agreement has (UP) (Subsidiary-BSUL)
Slide 23: Renewable Energy: Subsidiary/JV Pipeline
Renewable Energy 22 B. Subsidiary/JV Mode (c) Under Pipeline Expected Capacity Estimated Tentative Tariff S.No Name of Project Commissioning Status of PPA (MW) Capital cost (Rs./unit) Schedule 1 Floating Solar Project, Odisha 200 1000.00 2023-24 3.50 To be explored by JVC with (Proposed JV between N
Slide 24: NHPC Projects At A Glance
23 NHPC Projects At A Glance NHPC-Energising India With Hydropower
Slide 25: NHPC – Projects in Operation
NHPC – Projects in Operation 24 Installed Design Tariff NHPC Project & Year of Capital Cost S. No Capacity Energy (18-19) Type of the project State/UT comm. as on 31.03.22 (MW) (MU) (Rs. /Kwh)* 1 Baira Siul (3x60) 180 708.59 1981 306.86 2.24 Run of River (ROR) with small Himachal Pradesh (Sep) ponda
Slide 26: Projects in Operation… contd.
NHPC – Projects in Operation… contd. S.No. NHPC Project Installed Capacity Design Energy Year of Capital Cost Tariff (18-19) 25 Type of the project Comm. as on 31.03.22 (Rs. /Kwh)* (MW) (MU) 11 Teesta-V, (3x170) 510 2572.70 2008 2844.96 2.33 ROR with small pondage Sikkim (Mar) 12 Sewa-II, (3x40) 120
Slide 27: Projects in Operation… contd.
NHPC – Projects in Operation… contd. Renewable Energy 26 Installed Design Capital Cost Year of Tariff 21-22 S.No Project Capacity Energy as on Place of Project Comm. (Rs./unit) (MW) (MU) 31.03.2022 1 Wind Power 50 94.22 2016 330.40 3.67 Lakhmana, Jaisalmer 2 Solar Power 50 105.95 2018 290.59 4.41 Th
Slide 28: Projects Under Construction
NHPC: Projects Under Construction Project Under Construction-Standalone 27 Provisional Installed Design CCEA Estimated Anticipated Project Expected Type of the NHPC Project Capacity Energy Cost (Rs. Crore) Project Cost (Rs. Expenditure till Commissioning project (MW) (MU) (Price Level) Crore) –June’
Slide 29: Projects Under Construction: Subsidiary
NHPC: Projects Under Construction Project Under Construction-Subsidiary 28 Provisional Installed CCEA Estimated Anticipated Project Expected Design Type of the NHPC Project Capacity Cost (Rs. Crore) Project Cost (Rs. Expenditure till – Commissioning Energy (MU) project (MW) (Price Level) Crore) June
Slide 30: Standalone Projects Under Clearance
NHPC Standalone Projects Under Clearance Installed Design Cost S. N. Projects Capacity Energy (In Crore) (MW) (MUs) & PL Status 29 1 Teesta-IV 520 2252 6113 • All statutory clearances have been received except forest clearance (stage-II). (4x130) (Apr’21) • Compliance to FRA, 2006 is in progress. Si
Slide 31: Standalone Projects Under Clearance
NHPC Standalone Projects Under Clearance 30 Installed Design Cost S.No. Projects Capacity Energy (In Crore) Status (MW) (MUs) & PL 3 Dugar 500 1760 4250 • MoU was signed on 25.09.2019 between NHPC and Govt. of Himachal (4 x103 + 2x44) (Estimated Pradesh for implementation of the Dugar HE Project (44
Slide 32: Standalone Projects Under Clearance
NHPC Standalone Projects Under Clearance 31 Installed Design Cost S.No. Projects Capacity Energy (In Crore) Status (MW) (MUs) & PL 4 Sawalkot 1856 7995 19021 • MOU has been signed between NHPC Ltd. and JKSPDCL on 03.01.2021. (6x225+1x56) (Aug’21 ) • The project shall be executed by NHPC on BOOT basi
Slide 33: JV Projects Under Clearance
NHPC –JV Projects Under Clearance 32 Installed Design Cost (In Cr.) & S.No Projects Status Capacity (MW) Energy (MUs) PL 1 Kirthai-II 930 3330 6384 • MOU has been signed between NHPC Ltd. and JKSPDCL on (6x140 + 2x35 + 2x10) (Feb’20) 03.01.2021. UT of J&K • The project shall be executed by M/s CVPPP
Slide 34: Subsidiary Company's Project Under Clearance
NHPC –Subsidiary Company’s Project Under Clearance 33 Installed Design Cost (In S.No Projects Status Capacity (MW) Energy (MUs) Cr.) & PL 1 Loktak D/S 66 333.76 1311 All statutory clearances of project except CCEA are available. (2x33) (Jul 20) PPA signed between Govt. of Manipur and LDHCL on 31
Slide 35: Projects Under Survey & Investigation
NHPC –Projects Under Survey & Investigation S. No. Projects State Installed Capacity Status 34 (MW) Projects Under FR/DPR Preparation 1 Garba Uttarakhand 630 • Implementation of the project is held up due to pending consent of Govt. of Nepal. Tawaghat (3x210) • 8th Indo-Nepal meeting was held on 10t
Slide 36: Projects Under Survey & Investigation
NHPC –Projects Under Survey & Investigation 35 Installed S. No. Projects State Capacity Status (MW) Projects Under FR/DPR Preparation 2 Dulhasti Stage-II UT of Jammu & 260 • MOU has been signed between NHPC Ltd. and JKSPDCL on 03.01.2021. (2x130) Kashmir • The project shall be executed by NHPC on BO
Slide 37: NHPC-Energising India With Hydropower
36 NHPC-Energising India With Hydropower