Adani Green Energy Limited · NSE:ADANIGREEN
Adani Green Energy — Investor Presentation (March 2024)
30 slides from Adani Green Energy's investor presentation, March 2024
Slide 1: Visiting World's Largest RE Project at Khavda
Adani Green Energy Limited Visiting World’s Largest RE Project at Khavda March 2024 Photo: AGEL’s Renewable Energy Plant in Khavda, Gujarat
Slide 2: Table of Contents
Table of Contents 1 Adani Portfolio – Overview 2 AGEL – Company Profile 3 AGEL – Business Philosophy 3a Origination and Development Readiness 3b Operational Excellence 3c Capital Management Philosophy 4 Khavda: World’s Largest Renewable Energy Project 5 AGEL – Investment Rationale 2
Slide 3: Adani Portfolio
adani Renewables O17 Adani Portfolio
Slide 4: Adani Portfolio: A World class infrastructure & utility portfolio
Adani Portfolio: A World class infrastructure & utility portfolio Flagship Infrastructure & Utility Core Portfolio Primary Industry Emerging B2C Materials, Metal & Incubator Energy & Utility Transport & Logistics Direct to consumer Mining (72.6%) (56.4%) (73.2%) (65.9%) (100%) (63.2%) AGEL AESL APSE
Slide 5: Adani Portfolio: Decades long track record of industry best growth
Adani Portfolio: Decades long track record of industry best growth with national footprint Secular growth with world leading efficiency National footprint with deep coverage Growth 3x 6 Growth 4x 6 EBITDA 70% 1,2 EBITDA 92% 1,4 AEL APSEZ Growth 3x 6 Growth 1.4x 6 AGEL ATGL Adani’s Core Infra. Platfo
Slide 6: Adani Portfolio: Repeatable, robust & proven transformative model of investment
Adani Portfolio: Repeatable, robust & proven transformative model of investment Phase Development Operations Post Operations Center of Excellence Project Management & Assurance Group (AIIL) AIMSL1 Policy -Strategy - Risk Origination Site Development Construction Operation Capital Mgmt Activity • Ana
Slide 7: AGEL: Replicating Group's Simple yet Transformational Business Model
AGEL: Replicating Group's Simple yet Transformational Business Model Secure Sites & Connectivity Resource Assessment Construction Readiness Development & Geotechnical studies ~2,00,000 acres ~40 GW potential & Special studies (AIIL) Construction 85+ Wind data locations Resource rich sites in strateg
Slide 8: Adani Green Energy Limited (AGEL): Company Profile
02 Adani Green Energy Limited (AGEL): Company Profile Photo: AGEL’s Solar plant at Anjar, Gujarat
Slide 9: AGEL – Focused on leading the energy transition with sustainable value creation
AGEL – Focused on leading the energy transition with sustainable value creation Our Strategy Focused on Merchant & C&I Capitalizing on Digital focus Disciplined Renewables with to act as value execution across project capital Energy storage enhancer expertise lifecycle management Our Commitment Comm
Slide 10: AGEL – India's largest renewable player and world's 2nd largest solar PV developer
AGEL – India’s largest renewable player and world’s 2nd largest solar PV developer 1 Strategically located in 12 Resource rich states 2 2.3x Locked-in Growth Renewable Capacity (in MW) 10% of Solar 45,000 India’s RE Ladakh Target Wind J&K 9,029 MW – Operational 5.0x Himachal Pradesh 11,815 MW – Unde
Slide 11: AGEL – Holding Structure & Key Portfolio Highlights
AGEL – Holding Structure & Key Portfolio Highlights Adani Family 56.4% 7.1% 1 2.7% 1.4% 19.7% 12.7% Other Public Shareholders Locked-in portfolio: 20,844 MW AGEL - TotalEnergies 50:50 JV AGEL (100% Owned) AGE23L ARE9L Total – 1,050 MW Operational Under Execution 2,353 MW Operational – 300 MW 6,376 M
Slide 12: AGEL – Growth & Cash Generation Capability De-risked
AGEL – Growth & Cash Generation Capability De-risked Operational Capacity & EBITDA from Power Supply EBITDA from Power Suppply (INR Cr.) 46% CAGR 8,086 Operational Capacity (MW) 33% CAGR 5,410 3,470 5,538 2,545 3,508 1,918 1,970 2,207 1,859 834 1,710 FY18 FY19 FY20 FY21 FY22 FY23 Steadily increasing
Slide 13: Adani Green Energy Limited (AGEL): Business Philosophy
03 Adani Green Energy Limited (AGEL): Business Philosophy Photo: AGEL’s Dayapar Wind Cluster, Gujarat
Slide 14: 3a. Origination and Development Readiness
3a. Origination and Development Readiness
Slide 15: Construction Ready Strategic Sites with High Resource Potential
Construction Ready Strategic Sites with High Resource Potential Identified high resource potential sites of ~2,00,000 acres in Rajasthan and Gujarat ~2,00,000 Acres Of Land Connectivity granted for entire Rajasthan and Gujarat Clusters Predominantly Owned By portfolio For planned growth projects con
Slide 16: Project Management, Execution and Assurance through Adani Infra India Limited
Project Management, Execution and Assurance through Adani Infra India Limited Project Management, Execution and Assurance Project execution, Geotechnical, site suitability Engineering, design & Commissioning, monitoring, quality studies & advance resource sourcing management testing & handover manag
Slide 17: Expertise in Developing Mega Scale Renewable Energy Projects
Expertise in Developing Mega Scale Renewable Energy Projects − Then, the largest single location solar power plant 648 World’s largest MW − Executed within a record time of 8 months single location Solar project Module 330 Wp 3x MMS Fixed Tilt (99%) Tracker (1%) Kamuthi: Tamil Nadu (FY16) − India’s
Slide 18: 3b. Operational Excellence
adani Renewables 3b. Operational Excellence
Slide 19: Operational Excellence through Energy Network Operation Center (ENOC)
Operational Excellence through Energy Network Operation Center (ENOC) − Real time monitoring of operating assets across 12 states through ENOC at Ahmedabad − Granular performance insights − Predictive Maintenance optimizing Mean time between failure (MTBF) − Suggests corrective actions in real time
Slide 20: 3c. Capital Management Philosophy
3c. Capital Management Philosophy
Slide 21: Replicating Adani Business Model: Capital Management Philosophy
Replicating Adani Business Model: Capital Management Philosophy De-risking of SPVs to generate and release surplus cashflows for AGEL Mgmt. throughout Project lifecycle De-risking integrated in Capital Project Financing Stabilization HoldCo. Financing Post-Stabilization Phase SPV level Phase LCs & s
Slide 22: Khavda: World's Largest Renewable Energy Project
04 Khavda: World’s Largest Renewable Energy Project Photo: AGEL’s Renewable Energy Plant in Khavda, Gujarat
Slide 23: Khavda – World's largest single-location Renewable Energy Project
Khavda – World’s largest single-location Renewable Energy Project Strategically located in Resource rich region of Gujarat A Renewable Energy Marvel in the Making ✓ All projects to be developed on contiguous land in Significant Scale Khavda Renewable Park Khavda Efficiencies ✓ Significant scale effi
Slide 24: Khavda – Latest technology adoption to optimize the LCOE
Khavda – Latest technology adoption to optimize the LCOE TOPCon, N-type, Bifacial modules 5.2 MW Wind Turbines – India’s highest rated capacity ✓ 580+ Watt peak modules ✓ Higher overall efficiency ✓ Developed indigenously by Adani New Industries Ltd in ✓ Better low light performance partnership with
Slide 25: Khavda – Complete Project & Social Ecosystem in place
Khavda – Complete Project & Social Ecosystem in place Township for the workforce ✓ Operationalized Airstrip and approach roads for transfer of materials and resources ✓ Employee Residential Camp with canteen in place and being expanded ✓ Workers Camp with canteen in place and being expanded ✓ O&M To
Slide 26: Khavda – ESG Implementation
Khavda – ESG Implementation Standardized ESG Practices Contributing to a greener planet with 30 GW RE plant Study/Assessment Consultant ~81 Billion units of RE electricity generation Environment & Social Impact Assessment (ESIA) Critical Habitat Assessment (CHA) Climate Change Risk Assessment (CCRA)
Slide 27: Investment Rationale
05 Investment Rationale Photo: AGEL’s Solar-Wind Hybrid plants at Jaisalmer, Rajasthan
Slide 28: Key Investment Highlights
Key Investment Highlights – Resource Availability: Strategic sites with generation potential of ~40 GW backed by comprehensive geotechnical studies, fully prepared evacuation infrastructure, and meticulously crafted design work & resource analysis. Developmental & – Project Management, Execution and
Slide 29: Disclaimer
Disclaimer Certain statements made in this presentation may not be based on historical information or facts and may be “forward-looking statements,” including those relating to general business plans and strategy of Adani Green Energy Limited (“AGEL”),the future outlook and growth prospects, and fut
Slide 30: Thank You
adani Renewables Thank You
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