Jsw Energy Limited · NSE:JSWENERGY
Jsw Energy — Investor Presentation (June 2023)
75 slides from Jsw Energy's investor presentation, June 2023
Slide 1: Accelerating for a Better Tomorrow
Accelerating for a Better Tomorrow Corporate Presentation June 2023
Slide 2: Forward Looking and Cautionary Statement
Forward Looking and Cautionary Statement This presentation has been prepared by JSW Energy Limited (the “Company”) based upon information available in the public domain solely for information purposes without regard to any specific objectives, financial situations or informational needs of any parti
Slide 3: JSW Group Overview
JSW Energy Steel Power producer with 9.8 GW of generation portfolio, India’s leading integrated steel producer Targeting 20GW generation + 40GWh of Storage by FY30 Installed crude steel capacity of 29.2mtpa, growing to 38.5mtpa Market Cap: ~US$ 5.1 Bn Market Cap: ~US$ 21.3 Bn Infrastruct
Slide 4: JSW Energy: Our Vision
JSW Energy : Our Vision Bringing positive transformation to every life we touch 4
Slide 5: JSW Energy: Transitioning towards green energy
JSW Energy : Transitioning towards green energy FY2025 FY2030 FY2050 To become a 10 GW company To become a 20 GW company To become carbon neutral by 2050 and 40GWh Energy Storage Energy Products and Services Energy Storage | Electrons to Molecules - Foraying into green hydrogen and its derivatives B
Slide 6: Agenda
Agenda Safety & Sustainability A year of delivering promises Strategy 2.0 Operational and Financial performance Why JSW Energy ? JSW NEO Energy Annexures Vijayanagar 225MW Solar Power Plant 6
Slide 7: Safety & Sustainability
Safety & Sustainability
Slide 8: Continuing our Health & Safety Excellence Journey
Continuing our Health & Safety Excellence Journey Health & Safety Zero severe injuries/fatalities Lost Time Injury Frequency Rate of zero at all the operational plants during FY23 Training Conducted at Plant Locations 89% of contractors covered by JSW CARES audit 18 Contractors (34%) achieve 5 Star
Slide 9: Sustainability: Framework and Policies
Sustainability: Framework and Policies 17 Focus Areas with 2030 Targets from 2020 as Base Year Governance & Oversight by Sustainability Committee Climate Change: Renewable Power: Biodiversity: Committed to being carbon Enhance the renewable power to No Net Loss for Biodiversity Mr. Sunil Goyal Indep
Slide 10: Sustainability: Targets and Strategy
Sustainability: Targets and Strategy SD Targets FY20 FY30 Improvement Strategic Initiatives and Approach Actuals Targets Increased share of renewable energy for deep decarbonization GHG Emissions Process efficiency improvements Climate Change 0.76 0.215 * 60% tCO2e/ MWh Replacement of conden
Slide 11: Sustainability: FY23 Performance
Sustainability: FY23 Performance Key Highlights Performance • TCFD – Peer group assessment completed by ESG consultant Ash Utilisation (%) • ESG survey of suppliers in progress for assessment of supply chain sustainability Climate of the value chain Change • Deep decarbonization – Share of renewable
Slide 12: Advantage JSW: Superior ESG Profile
Advantage JSW: Superior ESG Profile Board & Governance Air Emissions Water & Waste Management % Board Independent CO2 Internsity (t CO2e/MWh) Specific Fresh Water Consumption 63 60 1.02 (m3/MWh) 50 50 50 50 0.79 0.85 40 0.68 0.47 2.8 3.2 2.2 2.5 1.1 JSW Peer 2 Peer 1 Peer 5 Peer 3 Peer 6 Peer 4 Peer
Slide 13: Sustainability: Empowering Our Communities
Sustainability: Empowering Our Communities 13
Slide 14: Sustainability: Empowering Our Communities
Sustainability: Empowering Our Communities Health & Nutrition Education & Learning o Completed upgradation of Modular Operation Theater & o Wall painting work at Government School in Barmer for constructed Modern Post Operation Ward; handed over to awareness generation and promotion of tradition fol
Slide 15: Sustainability: Recognition of Global Best Practices
Sustainability: Recognition of Global Best Practices Leadership’ (A-) rating in CDP Climate Program 2022. League of American Communication Professional (LACP): Integrated Annual The Sword and Globe of Honour by British Report 2022 received a ‘Gold Award’ in the Safety Council spotlight competition o
Slide 16: Strong Board Oversight and Leadership
Strong Board Oversight and Leadership Mr. Prashant Jain Mr. Pritesh Vinay • Majority Independent Board: 5/9 Mr. Sajjan Jindal Chairman & Managing Joint Managing Director Director (Finance) Directors are Independent & CEO Director • Fully Independent Audit and Remuneration Committees Audit Committee
Slide 17: FY2023 – A Year of Delivering Promises
FY2023 – A Year of Delivering Promises Hydro Power Plant - Turbine
Slide 18: A Year of Delivering Promises
A Year of Delivering Promises Operating Capacity Enhanced by 44% (~2GW) in FY23 2nd highest Operating EBITDA and Adjusted PAT ever Won the largest single location BESS project of 1GWh Won Hydro Pump Storage project of 2.4GWh Contracted India’s largest commercial scale Green H2 Backward Integration t
Slide 19: Delivering Sustainable Growth – Resilient Business Model
Delivering Sustainable Growth – Resilient Business Model 2 GW of Renewable Led Capacity Addition in FY23 (MW) 44% 6,564 6,615 4,531 4,541 4,559 4,559 4,559 Increased capacity by ~2GW (44%) YoY 1,730 FY10 FY18 FY19 FY20 FY21 FY22 FY23 Current 2nd highest operating EBITDA and adjusted PAT ever 2nd Hig
Slide 20: Acquired 1,753 MW of Mytrah RE Assets
Acquired 1,753 MW of Mytrah RE Assets JSW Energy Completed the Acquisition of RE Portfolio of Mytrah Energy Largest acquisition by the Company. 1,753 MW comprises of 1,331 MW of wind capacity and 422 MW (487 MWp DC) of solar • Acquisition of 15 SPVs and 13 ancillary SPVs having 1,449MW of total inst
Slide 21: Asset Optimisation & Performance Improvement Plan underway
Asset Optimisation & Performance Improvement Plan underway Generation Improvement O&M Optimisation Wind Solar O&M Action Plan Action Plan Action Plan • Improve Machine Availability (MA) • DC Capacity augmentation (38 MW) • Self O&M team • Restoration of WTGs to add ~20 MU’s • Resource management • F
Slide 22: Normalised EBITDA will be achieved ahead of articulated time
Normalised EBITDA will be achieved ahead of articulated time Particulars in ₹ Cr 1,187 Focused interventions driving encouraging initial response Wind Solar • Total 109 WTG’s restored since April-23, remaining 25 WTGs to • Solar Trackers availability and better spare management be restored by June-2
Slide 23: Attractive Refinancing driving Finance Cost Saving
Attractive Refinancing driving Finance Cost Saving of > ₹ 240 Cr p.a. Benchmarked Refinancing Package in place at the time of Consummation of Deal Delivering significant value immediately upon acquisition Interest cost Maturity life to savings of more match the useful Payment to Restoration Co-oblig
Slide 24: Mytrah – Underlying Normalised Net Debt/EBITDA at 5.2x
Mytrah – Underlying Normalised Net Debt/EBITDA at 5.2x Pre-Acquisition FY 23 Normalised EBITDA ₹1,237 Cr ₹1,187 Cr ₹1,650 Cr Net Debt/EBITDA 7.7x 7.2x 5.2x 24
Slide 25: Receivables Cycle Improving – Focused Collection Efficiency in Play
Receivables Cycle Improving – Focused Collection Efficiency in Play Strong collection in Mytrah Portfolio’s Receivables underway Particulars in ₹ Cr Monthly Collection consistently above the billing, JSW’s strong collection efficiency in play leading to lower receivables 223% • Monthly collection ra
Slide 26: Post Merger Integration – Progressing on track
Post Merger Integration – Progressing on track People Safety & Sustainability SAP and IDCC • 102 employees on-boarded • JSW’s HSE & Sustainability • SAP Integration Completed; IT Systems • Additional 20% lateral hires and standards rolled out Upgradation underway internal transfers to drive integrat
Slide 27: Ind-Barath 700 MW – Revival On Track
Ind-Barath 700 MW – Revival On Track – Commissioning in FY24 Status and Plan Mechanical Works Unit 1 • Turbine-Generator coupling run out and free run out completed • 11 kV Line Supply for Construction Works and readings are within limit • Turbine, generator, boilers & auxiliaries to finish in Sep-2
Slide 28: Energy Storage – Unique Value Proposition as an Early Mover
Energy Storage – Unique Value Proposition as an Early Mover Battery Energy Storage System (BESS) Hydro Pump Storage (PSP) • Received LoI for 2.4GWh (300 MW x 8 hours) PSP from Power LoA received for 500MW/1000 MWh SECI project in Jan-23 Company of Karnataka Ltd (PCKL) • Build Own Operate Transfer (B
Slide 29: Green Hydrogen Opportunity – JSW Energy's Unique Positioning
Green Hydrogen Opportunity – JSW Energy’s Unique Positioning G R E E N H2 RTC RE Power at Monetization of Co-location with Project Mutually competitive Scalability byproducts Offtaker Experience Beneficial prices • Power is ~65-70% of • Valorization of • JSWEL’s backward • Co-location of • Ability t
Slide 30: Contracted India's Largest Commercial Scale Green Hydrogen Project
Contracted India’s Largest Commercial Scale Green Hydrogen Project India’s First Plant to Produce Green Hydrogen for Production of Green Steel India’s largest Commercial Scale Plant H2 & O2 Green H2 Green Power 3,800 TPA 25 MW RTC power Surety of Offtake Secured land for plant Cost plus Offtake Gree
Slide 31: Solar Module Manufacturing – Supply Chain De-risking
Solar Module Manufacturing – Supply Chain De-risking NEED FOR BACKWARD INTEGRATION BACKWARD INTEGRATION AT JSW ENERGY Solar power is critical to transition towards green power Allocated 1 GW of capacity under PLI for W-C-M Tariff policy (BCD) restrictive, leading to high landed cost of Supply Chain
Slide 32: 2030 Road Map for Integrated and Sustainable Growth: Strategy 2.0
Vijayanagar Solar Power Plant Company Overview 2030 Road Map for Integrated and Sustainable Growth Strategy 2.0 32
Slide 33: In 2021 – we crafted our Growth road map till 2030 under Strategy 1.0
In 2021 – we crafted our Growth road map till 2030 under Strategy 1.0 Strategy 1.0 – Focus on Generation only Financial Projections in 2021 20.0 EBITDA ~5x 20% CAGR ~2.5x 4x (FY21-30) ~ ₹3,000-3,200 Cr 2x 10.0 4.6 GW 10 GW 20 GW (Current) PAT 4.6 22% CAGR ~6x (FY21-30) ~3x ~ ₹800 Cr FY21 FY25e FY 30
Slide 34: Robust Delivery - Outperformed our 2025 Milestone
Robust Delivery - Outperformed and Broad-Based our 2025 Milestone Well placed to achieve 10 GW of generation capacity ahead of stated timeline of 2025 with foray into New Age Businesses Power Generation Energy Storage Energy Products & Services 9.8 GW Installed Capacity by CY24 3.4 GWh of locked in
Slide 35: Well Diversified Portfolio – Focused on Maximising Cash Returns
Well Diversified Portfolio – Focused on Maximising Cash Returns Capacity Breakdown Diversified Offtakers Open Capacity, Group Captive, Generation 9,770 MW 15% 22% Installed Current Exposure to Under-construction Others, 7% Group Captive - 6,615 MW 21% 3,155 MW Thermal 3,158 MW HP, 3% Wind 2,215 MW 3
Slide 36: 25% CAGR growth in Installed Generation Capacity by 2024 + 1 GWh BESS
25% CAGR growth in Installed Generation Capacity by 2024 + 1 GWh BESS Under Construction 3.2 GW, to be Commissioned by CY24 Under-Construction 0.3 9.8 0.7 0.2 0.7 0.8 0.4 6.6 4.6 20% CAGR 25% CAGR FY21 Current SECI - X SECI- IX Group Captive Kutehr Ind Barath SECI- XII Operational by Operational Win
Slide 37: Opportunity to Accelerate Growth – Proven Execution Capability
Opportunity to Accelerate Growth – Proven Execution Capability Enhanced Value creation Opportunities JSW Energy Edge India requires ~ 40 RE+ Storage to plug Delivering Promises- GW of RE capacity increasing Peak Reached 10 GW ahead Demand-Supply Gap of the stated timelines addition per year Largest
Slide 38: Revising 2030 Guidance under Strategy 2.0 (2023-2030)
Revising 2030 Guidance under Strategy 2.0 (2023-2030) Strategy 2.0 H2 ELECTRONS TO MOLECULES Green Hydrogen Production Forward integration of & downstream derivatives RE generation ENERGY STORAGE : Large Portfolio of Resources Pump Hydro Storage Battery Energy Storage GENERATION CAPACITY Locked in S
Slide 39: Strategy 2.0 – 20 GW Generation + 40 GWh of Storage by FY30
Strategy 2.0 – 20 GW Generation + 40 GWh of Storage by FY30 Capacity 20 Pillars for Self sustainable and Integrated road map 3.0x 40GWh/5GW Energy Storage by FY30 • Sustainable value creation focused on Cash Returns 6.6 1GW Solar Module Manufacturing Apr-25 • Internal Accruals and BS Headroom (no ex
Slide 40: Revised Guidance 2.0 (2023-2030) – No Equity Dilution Needed
Revised Guidance 2.0 (2023-2030) – No Equity Dilution Needed Growth to be driven by internal accruals Net Debt/EBITDA <4.5x <4.0x 3.5x-4.0x Targets FY30 Strategy 1.0 (2021) Strategy 2.0 (2023) Generation Capacity 20 GW 20 GW 2x Energy Storage ------ 40 GWh/ 5GW Solar Module ------ 1 GW module W-C-M
Slide 41: Operational & Financial Performance
Operational & Financial Performance Barmer TPP 1,080 MW
Slide 42: Developed a Pan India Footprint of Operating Locations
Developed a Pan India Footprint of Operating Locations Installed Capacity by Location (6,615 MW) Punjab Himachal Pradesh JSW Energy Solar: 50 MW Hydro: 1,391 MW Mytrah Energy Rajasthan Madhya Pradesh Wind: 30 MW Wind: 258 MW Thermal: 1,080 MW Gujarat Telangana Wind: 78 MW 101 MW Wind: Solar: 327 MW
Slide 43: Healthy Operations and Financials
Healthy Operations and Financials Resilient business model with steady cashflow generation despite sectoral headwinds 85% ~90% Net Generation (BUs) Total Income3 (₹ Crore) Capacity under LT PPA1 EBITDA contribution from LT 10,867 21.9 ~22BUs ₹ 2,570Cr 21.3 8,560 7,160 8,736 Net Generation Cash PAT 2
Slide 44: Robust balance sheet to support renewable-led growth
Robust balance sheet to support renewable-led growth (Proforma | Incl. Mytrah) Large balance sheet headroom & strong cashflow available to pursue growth 4.4x 1.2x $ Bn 4 Net Worth Net Debt Net Debt/EBITDA Net Debt/Equity 3.0 2.7 2.5 2.3 2.3 2.0 8.45% 60 2.0 1.5 1.7 1.5 1.5 1.2 Wt. average cost of de
Slide 45: Why JSW Energy?
Why JSW Energy ? - Compelling Investment Story - Key Highlights Committed to reaching Net Zero emissions by 2050
Slide 46: Compelling Investment Story
Compelling Investment Story 1 At the forefront of Energy Transition Scaling to 20 GW & 40GWH / 5GW of storage by 2030 Being future-ready : New Energy Solutions including Energy storage (BESS & PSP) , green hydrogen, Sustainable growth ammonia and its derivatives Resilient Business, Consistent Pe
Slide 47: Compelling Investment Story
Compelling Investment Story 1 At the forefront of Energy Transition Scaling to 20 GW & 40GWH / 5GW of storage by 2030 Being future-ready : New Energy Solutions including Energy storage (BESS & PSP) , green hydrogen, Sustainable growth ammonia and its derivatives Resilient Business, Consistent Pe
Slide 48: Significant Market Opportunity: Power Demand Growth to be met by RE
Significant Market Opportunity: Power Demand Growth to be met by RE Historical Power Demand Growth Similar growth expected in power demand over next decade FY02 (Actual) FY23 (Actual) FY 23 FY30 estimated 1,511 216 2,280 335 + 769 BU + 119 GW 1,511 5% CAGR 5% CAGR 216 523 78 Base Demand (in BU) Peak
Slide 49: Participating in India's Green Transition
Participating in India’s Green Transition India’s share of Renewables is projected to increase from 41% in FY 23 to 61% in FY 30 Changing Environment and our Approach Domain Environment Our Approach FY 30 FY 23 4% Market • High cost of • Bidding assumptions 15 GW, 2% Share at 20GW borrowing due to t
Slide 50: Energy Storage critical in India's Energy Transition
Energy Storage critical in India’s Energy Transition Peak Demand vs Supply from Conventional Sources (GW) 400 Storage Capacity GWh* 350 322 350 300 300 250 250 200 Peak Supply - Conventional Increasing Peak Demand-Supply Gap 150 200 to be plugged 100 by RE + Storage 150 Peak Demand 50 23.5 100 0 FY
Slide 51: Battery Storage (BESS) and Hydro Pump Storage (HPSP)
Battery Storage (BESS) and Hydro Pump Storage (HPSP) Apr-2023 Report Optimal Generation JSW Energy Capacity Mix for 2029-30 40GWh/ 5GW of energy storage capacity by FY PSP BESS* 2030 18.99 GW 41.65 GW 3.4GWH of storage locked X 6 hours = X 5 hours = in ( 1GWh of BESS and 2.4 Base Case GWh of HPSP) C
Slide 52: Energy Storage – Enabler for New RE based products and services
Energy Storage – Enabler for New RE based products and services Higher CUF 1 Hybrid RE with Better utilization of transmission Energy Storage corridor 2 RE coupled with Energy Storage Load following RE Solutions designed specifically as per solutions the load profile of customers Firm dispat
Slide 53: Electrons to Molecules: Green Hydrogen Potential
Electrons to Molecules: Green Hydrogen Potential Advantage India Significant Hydrogen demand Huge RE potential Low Tariffs JSW Energy Current demand ~6 MMT expected Existing RE capacity of ~165 GW RE tariffs in India to grow to ~24 MMT by 2050 (incl. Hydro) (INR ~ 2-2.5) Target – 50% of energy requi
Slide 54: Compelling Investment Story
Compelling Investment Story At the forefront of Energy Transition Scaling to 20 GW (85% renewable) by 2030 Being future-ready : New Energy Solutions including energy storage, green hydrogen, Sustainable growth ammonia and its derivatives Resilient Business, Consistent Performance and Strong fina
Slide 55: Proven project execution and operational excellence
Proven project execution and operational excellence… Prudent and consistent capital allocation strategy for growth over a 25 year history One of the lowest project execution cost in the industry Business model resilient despite several sectoral headwinds over the last decade 2014 2014 2013 2014 2013
Slide 56: Compelling Investment Story
Compelling Investment Story At the forefront of Energy Transition Scaling to 20 GW (85% renewable) by 2030 Being future-ready : New Energy Solutions including energy storage, green hydrogen, Sustainable growth ammonia and its derivatives Resilient Business, Consistent Performance and Strong fina
Slide 57: Steady Operations and Robust Financials
Steady Operations and Robust Financials Consistent Asset Performance Consolidated Trade Receivables* (₹ Cr ) Net Generation (BUs) Total Income1 (₹ Crore) 10,867 1,979 21.9 8,560 8,736 True up impact included 665 21.3 7,160 in FY23 20.8 1,799 1,314 20.0 Mar 31, 2022 Mar 31, 2023 FY20 FY21 FY22 FY23 F
Slide 58: Robust Balance Sheet & Cashflows to aid growth
Robust Balance Sheet & Cashflows to aid growth (Proforma | Incl. Mytrah) Balance sheet headroom to pursue growth opportunities • Strong credit metrics : Healthy internal accruals & financial flexibility to support Figures in ₹ Cr As on Mar 31, 2023 long term growth Networth 18,629 Operational Portfo
Slide 59: JSW Energy: Key Highlights
JSW Energy : Key Highlights Superior project execution skills: Projects set-up in lowest cost & time Proven Execution Differentiated business strategy for growth to 20 GW, driven by Renewable Excellence Foraying in New Energy Platforms: Green Hydrogen, Energy Storage, Energy Products & Service
Slide 60: JSW Neo Energy Ltd
JSW Neo Energy Ltd Progressive Commissioning of SECI X Wind Project SECI X Tuticorin, Tamil Nadu 60
Slide 61: JSW NEO Energy Overview – At a Glance
Company JSW NEO Energy Overview – At a Glance Ratnagiri – 1,200 MW Vijayanagar – 860 MW JSW Energy Limited Nandyal – 18 MW Hydro Entities Solar – 10MW 9,770 MW JSWEBL – 1,080 Solar/Wind Entities Ind-Barath- 700 Products & Services Total – 3,868 MW JSW Neo Energy * 5,902 MW Energy Generation Portfoli
Slide 62: JSW NEO Energy Overview – At a Glance
Company JSW NEO Energy Overview – At a Glance JSW NEO Energy Energy to Molecules Integration Green Hydrogen (GH)/Ammonia 10 GW 3.9 GW 5.9 GW 3.4 GWh Diversified Asset Thermal Capacity Renewable Energy Storage Portfolio of 9.7 GW Installed – 3,158 MW Installed – 3,447 MW BESS – SECI 500MW/1000MWh (61
Slide 63: 4.3x Capacity Growth in Renewables
4.3x Capacity Growth in Renewables JSW Neo 5,902 MW Operational Assets * – 3,447 MW Under Construction – 2,455 MW Expected to be operational by CY 2024 3,624 MW (incl. Mytrah Assets: Wind 1,331 MW) WIND WIND HYDRO Hydro 1,631 MW SOLAR SECI IX (810) SECI X (372) HYDRO Karcham Mytrah Wind Captive JSW
Slide 64: JSW Neo: 3.4 GW Operating Capacity
JSW Neo : 3.4 GW Operating Capacity Installed Capacity by Location JSW Neo Energy Capacity (GW) Punjab Himachal Pradesh 5.9 Solar: 50 MW Hydro: 1,391 MW Rajasthan Madhya Pradesh Wind: 258 MW 3.4 Wind: 30 MW 1.4 Gujarat Telangana Wind: 78 MW Wind: 101 MW FY22 FY23 CY 24 FY25e Solar: 327 MW Maharashtr
Slide 65: JSW Neo Growth Framework
JSW Neo Growth Framework Value Accretive Business Implementation Execution Efficiency Model De-risking Prudent selection of growth opportunities Life cycle approach Group’s project execution excellence • Bidding based on P90 generation assumption • Land acquisition, De- scoped project • Fast executi
Slide 66: Ensuring Consistent Value Creation
Ensuring Consistent Value Creation Protecting Returns Enhancing IRRs Further Growth Opportunities Value Accretive Business Model De-scoped Project Execution Green Energy Needs of JSW Group and C&I customers • No Turn key EPC contracts: instead creating • Bidding based on P90 generation assumption va
Slide 67: Growth Framework leading to industry-leading returns
Growth Framework leading to industry-leading returns Single digit to lower Mid-teen High-teen teen IRR% IRR % Returns Realized Equity Pre-Bid Project Execution JSW Energy Potential Upside Realized IRRs Preparation Target Returns Levers Post COD Returns Current market returns Bidding with No Turn
Slide 68: Risk Mitigation
Risk Mitigation
Slide 69: Adequately addressing key risks and concerns (1/2)
Adequately addressing key risks and concerns (1/2) Key Risks/Concerns Favourable Policy Support and Market Interventions Mitigation Strategy by JSW Energy Well established central agencies (SECI, NTPC) for managing PPAs Existing portfolio: 85 % PPA signed which forms about 90% of Discoms/offta
Slide 70: Adequately addressing key risks and concerns (2/2)
Adequately addressing key risks and concerns (2/2) Key Risks/Concerns Favourable Policy Support and Market Interventions Mitigation Strategy by JSW Energy Hydro plants under ‘Must-run status’ with no scheduling risk Must-run status for renewable; Rule notified to provide regulatory support ~98
Slide 71: Investor Relations Contact
Investor Relations Contact: ir.jswenergy@jsw.in ESG Data Profile: Link Vijayanagar TPP 71
Slide 72: Annexures
Annexures
Slide 73: JSW Energy Company Overview – Broad Structure
JSW Energy Company Overview – Broad Structure Ratnagiri – 1,200 MW Vijayanagar – 860 MW JSW Energy Limited Nandyal – 18 MW Hydro Entities Solar – 10MW 9,770 MW Solar/Wind Entities JSWEBL – 1,080 Products & Services Ind-Barath- 700 Total – 3,868 MW JSW Neo Energy * 5,902 MW Energy Generation Portfoli
Slide 74: Cash Returns on Adjusted Net Worth
Cash Returns on Adjusted Net Worth ₹ Cr (Unless mentioned otherwise) Quarter ended Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Reported PAT 201 339 324 864 560 466 180 272 Add: Depreciation 288 284 281 277 289 294 295 291 Add/(less): Deferred Taxes 21 32 26 (7) 84 42 14 24 (Less): Divide
Slide 75: JSW Energy's Corporate Journey
JSW Energy’s Corporate Journey 260 MW 260 MW 995 MW 1994 2000 2002 2009 • Incorporated as Jindal • Commercial operation • Name changed to • Commercial operation of SBU-2 Tractbel Power of SBU-1 260 MW at Jindal Thermal 600 MW at Vijaynagar Company Limited Vijaynagar Power Company Ltd • Synchronizati