Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q3 FY2024 Earnings Presentation
30 slides from Power Grid Corporation Of India's earnings presentation, Feb 9, 2024
Slide 1: Investor Presentation
Transmitting Power Investor for Presentation Progress and Prosperity 09/02/2024
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: Performance Highlights
Performance Highlights POWERGRID Overview Major Highlights Performance Highlights Growth Outlook Awards 3
Slide 4: POWERGRID Overview
POWERGRID Overview India’s largest power transmission company A “Maharatna’ CPSE 45 Credit Rating Subsidiaries 3rd Largest CPSE International Gross Block1 12 (At par with Sovereign) Joint Ventures Pan India Standard & Poor’s: BBB- Transmission Network 04 Fitch: BBB - Associates Moody’s: Baa3 4,000 M
Slide 5: POWERGRID Overview
POWERGRID Overview Transmission Assets spread across India 1,76,530 ckm 276 97,380 MW > 99% 1,490 nos 5,17,860 MVA 83% of India’s System Transmission Lines Sub-Stations IR capacity Availability Transmitting 45% of India’s Power 18 62 165 20 62 >2,90,000 >3,600 HVDC 765kV 400kV SVC/ GIS Transmission
Slide 6: Major Highlights
Major Highlights Integrating Renewable Energy into grid Successful bidder for six ISTS TBCB projects in Q3FY24 • Vataman Transmission Limited • Koppal II Gadag II Transmission Limited NCT Cost : ~ ₹ 20,479 cr • Bikaner III Neemrana Transmission Limited • Neemrana II Bareily Transmission Limited Annu
Slide 7: Major Highlights
Major Highlights Transition to low carbon operations… In a significant environmental initiative, retrofilling of the 132 kV, 20 MVAR Bus Reactor at Aizawl done with eco-friendly Natural Ester Oil successfully commissioned on December 1, 2023. Sustainable practices by replacing conventional insulatin
Slide 8: Major Highlights
Major Highlights POWERGRID Advanced Research & Technology Centre (PARTeC), has received an UCA International Users Group (UCAIug) accreditation to perform IEC 61850 Conformance Testing of Intelligent Electronic Devices (IEDs). UCAlug is the sole international non-profit organization, which accredits
Slide 9: Major Highlights
Major Highlights Unified Network Management System Scheme is critical for centrally managing the ISTS & Intra State Communication network of more than One Lakh Km of Fibre Optic using latest technologies with inbuilt Artificial Implemented Intelligence. UNMS Is critical for centrally managing the IS
Slide 10: Project Execution
Project Execution Financial Performance – Q1FY21 Added Successfully Commissioned POWERGRID Ramgarh Transmission Ltd. 3,100 MVA “Transmission system strengthening scheme for evacuation of power Transformation capacity from solar energy zones in Rajasthan (8.1 GW) under phase II – Part A” 01 No Fatehg
Slide 11: Project Execution
Project Execution Financial Performance – Q1FY21 Capex Capitalisation* 7,690 5,780 3,444 4,020 2,682 2,381 2,740 1,503 1,615 1,784 1,506 1,573 1,073 957 944 652 Q1FY24 Q2FY24 Q3FY24 9MFY24 Q1FY24 Q2FY24 Q3FY24 9MFY24 Standalone Consolidated Standalone Consolidated (₹ in crore) 11 Capitalization figu
Slide 12: Operational Performance-9MFY24
Operational Performance-9MFY24 Financial Performance – Q1FY21 99.86% 99.81% 0.22 0.21 Availability Tripping per line 9MFY23 9MFY24 9MFY23 9MFY24 12
Slide 13: Adoption of Latest Technology
Adoption of Latest Technology Digital initiatives, propelling the Digital Transformation of Asset Management Digital transformation strategy is focused on three key areas Digitalization of Digitization of data Digital transformation processes 13
Slide 14: Adoption of Latest Technology
Adoption of Latest Technology Innovative technologies adopted to increase efficiency Innovations to improve the efficiency of its operations • Remote operation of substations • POWERGRID Asset Life Management System (PALMS) • Digital Substations • Drone Patrolling of Transmission Lines • Development
Slide 15: Financial Performance-Q3FY24
Financial Performance-Q3FY24 Standalone Consolidated 11,530 11,820 11,281 11,468 3,702 * 3,970 4,028 3,645 Income PAT Income PAT Q3FY23 Q3FY24 Q3FY23 Q3FY24 (₹ in crore) *PAT including discontinued operations 15
Slide 16: Financial Performance-9MFY24
Financial Performance-9MFY24 Standalone Consolidated 34,048 34,608 33,130 33,562 11,119 11,347 11,097 11,407 Income PAT* Income PAT 9MFY23 9MFY24 9MFY23 9MFY24 (₹ in crore) *PAT including discontinued operations 16
Slide 17: Financial Performance (Standalone)
Financial Performance – Q1FY21 Financial Performance Growth Growth Description Q3FY24 Q3FY23 9MFY24 9MFY23 (%) (%) Income S - Transmission Charges 10,571 10,392 2 30,983 30,775 1 T - Consultancy Services 106 167 (37) 358 533 (33) A - Other Income 791 722 10 2,221 1,822 22 N Total Income 11,468 11,28
Slide 18: Financial Performance (Consolidated)
Financial Performance – Q1FY21 Financial Performance Growth Growth Description Q3FY24 Q3FY23 9MFY24 9MFY23 (%) (%) C Income O - Transmission Charges 11,233 10,933 3 32,900 32,308 2 N - Consultancy Services 116 142 (18) 371 470 (21) - Telecom 201 187 7 594 540 10 S - Other Income 270 269 - 743 731 2
Slide 19: Financial Performance
Financial Highlights –Q1FY21 (Standalone) Financial Performance (₹ in crore, unless stated otherwise) Description Standalone Consolidated As on 31.12.23 As on 31.12.22 As on 31.12.23 As on 31.12.22 Gross Fixed Assets (₹ crore) 2,57,546 2,54,638 2,74,543 2,68,903 Capital Work-in-Progress (₹ crore) 9,
Slide 20: Other Key Financial Information
Other Key Financial Information Description Q3FY24 Q3FY23 Income for previous periods (Consol.) 237 326 ₹8.50 dividend per Int. on differential tariff 184 74 equity share declared for FY24 (Till Date) Int. from Subsidiaries & JVs* 371 289 Surcharge (Consol.) 57 34 Incentive (Consol.) 151 130 Dividen
Slide 21: Consultancy Performance
Consultancy Performance Consultancy services to Domestic and International clients. ₹ 116 crore Delivering Smart Solutions to both Domestic and Income* International clients 01 • State owned utilities, Private utilities, Central Public Sector New International assignments Undertakings, Government de
Slide 22: POWERGRID Teleservices Limited (PowerTel)
POWERGRID Teleservices Limited (PowerTel) ₹ 201 crore Business Segments Income* • Leased Lines 17 • MPLS-VPN New Customers added • Data services • Infrastructure services ₹ 362 crore Multiple year orders received Upcoming Services 3000 locations Pan India Network ILD connectivity • With neighbouring
Slide 23: Commercial Performance
Commercial Performance (Apr’20-Sept’20) Commercial Performance Outstanding dues (at end of Qtr) Billing & Realization (in ₹ crore) ₹ 33,819 cr Billing 3,191 2,228 1,665 ₹ 32,430 cr 38.25* 34.00* 2,029 47.58* 35.13* Realization 6,043 95.89% 4,912 4,968 4,181 %age Realization Q3FY23 Q1FY24 Q2FY24 Q3FY
Slide 24: Work in Hand
Work in Hand Leading Energy Transition for a Sustainable Future Work in Hand# : ~ ₹ 77,700 crore ~ 70% towards Renewable Energy evacuation ₹ 11,450 crore ₹ 24,800 crore ₹ 41,450 crore Ongoing RTM Projects New RTM Projects Other* Projects FY24 Capex Plan ~₹ 5,000 crore ₹ 3,800 crore RTM Others* ₹ 8,8
Slide 25: Business Outlook 2032
Business Outlook 2032 Business segment Subhead Estimated Capex Transmission Business Inter State ₹1,36,000 crore Intra State ₹37,000 crore Cross Border ₹10,000 crore International projects ₹7,500 crore Subtotal Transmission ₹1,90,500 crore Other Business Solar generation ₹1,000 crore Smart Metering
Slide 26: Sustainability Aspirations
Sustainability Aspirations …towards a Greener Tomorrow 50% Net Water Electricity Positive consumption from organization renewable sources by by 2025 2030 Zero Waste to Landfill status Net Zero by 2030 by 2047 26
Slide 27: Awards
Awards POWERGRID has been honored once again with the prestigious Platts Global Energy Award under the "Corporate Impact - Targeted Programme" category The award was conferred for its flagship project titled “Improving Rural Livelihoods and Protecting Environment through Farmer-Centric Integrated Wa
Slide 28: Awards
Awards POWERGRID Honoured with International CSR Recognition Conferred the “CSR WORLD LEADER 2023” and “International CSR Excellence 2023” Awards. POWERGRID is only PSU from India to have been honoured with this International Recognition. 28
Slide 29: Awards
Awards SKOCH Gold Award 2023 Governance Now PSU IT Awards. 29
Slide 30: Thank You
Thank You www.powergrid.in 30
Power Grid Corporation of India — Q3 FY2024 Earnings Presentation on 6ix