Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q3 FY2015 Earnings Presentation
19 slides from Power Grid Corporation Of India's earnings presentation, Feb 12, 2015
Slide 1: Analysts' Meet, February 12, 2015, Mumbai
Fastest Growing Electric Utility in the World Analysts’ Meet ₹ February 12, 2015 Mumbai
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: Recent Highlights / Agenda
Recent Highlights POWERGRID Today Financial Highlights Project Execution Operations Highlights Other Businesses Highlights New Initiatives Investment & Funding Programme ONE Nation Grid 3 Frequency
Slide 4: Recent Highlights
Recent Highlights Activities commenced Tariff Based Energy Efficiency- for projects beyond XII Competitive Bidding Upcoming Opportunity Recognition Plan • 6000MW HVDC Secured ‘Negawatt Makes- • ‘Star PSU of the Bipole/ Other A-Watt’ Year Award’ by ‘Trans. System schemes between A Report on Energy Bu
Slide 5: POWERGRID Today
POWERGRID Today CENTRAL LISTED GOVT. PAYING A ‘NAVRATNA’ SHAREHOLDING TRANSMISSION COMPANY DIVIDEND SINCE ENTERPRISE UTILITY since 2007 57.90% 1993-94 Vision World Class, Integrated, Global Transmission Company With Dominant Leadership in Emerging Power Markets Ensuring Reliability, Safety and Econo
Slide 6: Financial Performance: Q3 FY14-15
Financial Performance: Q3 FY14-15 (₹ in crore) Quarter ended Nine months ended FY 2013-14 31.12.2014 31.12.2013 31.12.2014 31.12.2013 Revenue - Transmission Charges 4183 3470 12054 10576 14327 - Consultancy Income: Services 102 63 224 185 333 - Consultancy Revenue: Sale of 0 86 0 272 294 Products -
Slide 7: Financial Highlights- Q3FY14-15
Financial Highlights- Q3FY14-15 (₹ in crore) As on As on As on As on 31.03.2014 30.06.2014 30.09.2014 31.12.2014 Gross Fixed Assets 96,504 101,382 106,085 113,278 Capital Work-in- 53,330 53,345 54,827 53,925 Progress Debt 80,470 84,685 88,110 91,007 Net Worth 34,413 35,526 36,753 37,978 Earning Per
Slide 8: Billing & Realization
Billing & Realization Billing Realization %age realization ₹ 11,888 crore ₹ 11,390 Crore 96% Avg. Monthly Billing: ₹ 1,321 Crore => 2months (60 days) billing = ₹ 2,642 crore Dues as on 06.02.2015 (A) Due < 60 days (not outstanding as 60 days allowed by CERC) = ₹ 1,262 crore Description ₹ in Crore (B
Slide 9: Project Execution: FY 14-15 (Apr-Dec)
Project Execution: FY 14-15 (Apr-Dec) Till date Capitalisation Q1: 4,878 Q2: 4,703 Q3: 7,193 16774 ~ ₹ 17,300 cr. (₹ in crore) Capex (₹ in crore) Q1: 5,844 Q2: 4,850 Q3: 4,882 15576 ~ ₹ 17,700 cr. X-formation Capacity (MVA) S/S: 4 Nos. 13156 14,471 (S/S: 5 Nos.) Tr. Line (GW-ckm) 9622 9,719 9 ONE Na
Slide 10: Project Management Efficiency
Project Management Efficiency (₹ in crore) CWIP (Installed) 35,922 31,851 21,479 21,037 17,701 18,003 Const. Stores & Advances 13,661 19,115 15,574 12,964 FY11 FY12 FY13 FY14 9mth-FY15 ONE Nation Grid 10 Frequency
Slide 11: Project Execution – 3 years
Project Execution – 3 years Physical GW-ckm Addn. FY12-13 FY13-14 FY14-15 9622 5876 4157 4330 3027 1206 Q3 9mth (Apr-Dec) Financial Capex FY12-13 FY13-14 FY14-15 Capitalization FY12-13 FY13-14 FY14-15 (₹ in crore) (₹ in crore) 16482 15576 16774 12713 12492 9552 7193 5536 5587 4882 3281 3045 Q3 9 mth
Slide 12: Projects in FY15
Projects in FY15 Transmission Lines Sub-Stations Inter-Regional Capacity 17 Nos. ~ 15,000 GW-ckm 7,300 MW ~ 30,000 MVA Major Lines Sub-stations Inter-Regional • Nellore-Thiruvalem • Bina – Gwalior •Rangpo (GIS) • Champa-Raipur, Champa-Dharamjaygarh •Shahjahanpur • Jharsuguda – Dh’jaygarh • Indore -
Slide 13: Operations Highlights
Operations Highlights Asset Management Grid Management1 (POSOCO) Assets I-R Transfer (BU) (Apr14-Dec14) • Network length: 113,389 ckm STOA (Transactions) [765kV(*): 18%] • Total : 28,231 Nos. • 928 no. of lines • Bilateral: 9,141 Nos. • 188 S/S [765kV(*): 21%] • Collective: 19,090 Nos. 63.14 • X-frm
Slide 14: Other Businesses Highlights – Q3FY15
Other Businesses Highlights – Q3FY15 Domestic International Total Nos. : 6 Total Nos. : 4 Orders Orders (Govt. Utilities : 5; Dist. works: 1) (incl. 3 orders related to Capacity Building) Under 14 Assignments Under > 125 Assignments; (as on 31-Dec-14) execution execution Projects worth: ~ ₹19,800 cr
Slide 15: New Initiatives- Updates
New Initiatives- Updates Green Energy Implementation of Green Energy Corridors commences Renewable Corridors Euro 500mn sovereign guaranteed loan signed with KfW Energy (Inter-State portion: ₹ 13,000 cr.) Integration Grid Integration POWERGRID assigned construction of transmission lines and pooling
Slide 16: Energy Efficiency- Opportunities ahead
Energy Efficiency- Opportunities ahead ‘Negawatt Makes-A-Watt’ Report available on POWERGRID website • An Energy Efficiency Industry Report by POWERGRID India - A Net Importer of Energy Huge dependence on imported crude and fossil fuel Energy Efficiency Energy Security - An important issue in changi
Slide 17: Investment & Funding Programme
Investment & Funding Programme Capital Outlay Funding Requirement (Rs.110,000 crore) • Debt & Equity in the ratio • FY13: ₹ 20,037 cr 70:30 as per Tariff • FY14: ₹ 22,324 cr guidelines • FY15: ₹ 22,450 cr. • FY16: ₹ 22,500 cr • FY17: ₹ 22,550 cr Projects/ Schemes Sources of Funds • HCPTCs • Equity:
Slide 18: Utilization of FPO funds- Update
Utilization of FPO funds- Update TS associated with Rihand-III & V’chal-IV TS for Phase-I Generation Projects in Odisha (Part-C) FPO funds SRSS – XIX TS strengthening in western part of WR for IPPs in Chhattisgarh TS associated with Krishnapatnam (Part-B) Common System associated with IS
Slide 19: ONE
ONE Nation Grid 19 Frequency
Power Grid Corporation of India — Q3 FY2015 Earnings Presentation on 6ix