Suzlon Energy Ltd · NSE:SUZLON
Suzlon Energy — Shareholder Meeting (May 2009)
24 slides from Suzlon Energy's shareholder meeting presentation, May 2009
Slide 1: Cleaner Visions to Greener Realities
Cleaner Visions t Greener to G Realities R liti On the road to make our vision a reality y
Slide 2: Safe Harbor
Safe Harbor Except for the historical information contained herein, statements in this presentation, which contain words or phrases such as "will" will , "would" would , "expect" expect , "believe" believe , and similar expressions or variations of such expressions may constitute "forward-looking st
Slide 3: 12th Annual General Meeting of Suzlon Energy Limited
12th Annual General Meeting of Suzlon Energy Limited
Slide 4: Global Power
Global Power •Global Gl b l GDP growth h4 4-5%, 5% d double bl di digit i growth in India and China •1.6 billion people globally living without electricity currently •Global net electricity consumption expected to increase by 42% by 2015 requiring i i 1,600 1 600 GW off new capacity it gy expected •
Slide 5: Drivers for Change
Drivers for Change •Global warming and climate change •Kyoto Protocol: CO2 emissions to reduce d b by 5.2% off 1990s llevels l bby 2012 •India: 12 States declared RPS between 2% - 10% EU declaration: 20% from RE by 2020 •EU •US: 21 States declared 10% - 20% RPS •China RE law: 5% by 2010 and 10% by 2
Slide 6: Drivers for Change
Drivers for Change •Energy E S Security i •Hedgeg against g geopolitical g p risks - local and secured supply •Energy Needs •Lower fuel price/supply risk •Socially, ecologically and economicallyy sustainable ggrowth •Cost efficiency of wind power
Slide 7: Winds of Fortune
Winds of Fortune •Record R d investment i iin RE iin 2005: 2005 US$ 38 billion •Wind is second-largest RE source and commercially most viable option •Wind energy harnessed by 70 countries •Wind Wi d installation i t ll ti 2006 : 74 GW GW, potential to reach 455 GW by 2016
Slide 8: Suzlon: From Vision to Reality
Suzlon: From Vision to Reality •1.95 billion USD in revenues, growth rate of over 100% for the past 4 years •Turnover stood at Rs. 7,986 Crores, a YoY growth of 108% •PAT for FY 07 stands at Rs. 865 Crores, a YoY growth of 14%.
Slide 9: Growing Globally
Growing Globally •Ranked R k d 5th 5 h llargest wind i d turbine bi maker k in world; Maintained #1 position in India and Asia for 9 consecutive years y •Presence across 5 continents and 14 countries •International business grew from 8% in FY 06 tto 34% in i FY 07 07, aiming i i tot achieve 60% in F
Slide 10: Growing Globally
Growing Globally •Captured C d 7.7% 7 7% off the h global l b l market k iin 2006 (With REpower 10.9%) •Established manufacturing facilities in China and USA, people growth to over 11 000 world over 11,000
Slide 11: Strategic Focus
Strategic Focus •Strong S focus f on d driving i i global l b l growth h •Increasing g production p capacity p y and strengthening vertical integration •Augmenting Management Bandwidth •Moving up Value Chain with comprehensive h i end-to-end dt d solutions l ti p next-gen •Develop g products p with
Slide 12: Manufacturing and Vertical Integration
Manufacturing and Vertical Integration •Three Th new IIndia di manufacturing f i ffacilities: ili i •Two Rotor Blade Units •One Tubular Tower Unit •Two new international manufacturing facilities: •600 MW Rotor Blade Unit Pipestone, Minnesota, USA •600 MW Integrated manufacturing facilityy – Tianjin,
Slide 13: Manufacturing and Vertical Integration
Manufacturing and Vertical Integration S lon – Integrated Suzlon Integ ated Capacity Capacit FY06 to FY08 4,200 2,700 MW W 1,500 FY 06 FY 07 FY 08*
Slide 14: Hansen Transmissions
Hansen Transmissions Hansen – Wind Gearbox Gea bo Capacit Capacity FY06 to FY08 9,300 5,800 MW 3,600 FY 07 FY 08 FY 09
Slide 15: Human Capital
Human Capital •Worldwide W ld id employee l strength h crosses 11,000 •Employees from over twelve nationalities •Over 3,000 employees outside India •Focus F on LLearning i and d Development D l t initiatives
Slide 16: Integrated Management
Integrated Management •Group G Management M C Centre iin Amsterdam •Hub for integrated management of the Suzlon Group •Maximizing synergies and efficiency across geographies, companies and f functions ti
Slide 17: Driving R&D
Driving R&D •‘Best ‘B off all ll worlds’ ld ’ approach h •Centre of Excellence for Knowledge g Management in technology planned in Hamburg, Germany •Innovation Center planned in wind R&D in Denmark, Germany and India •Focus on creating high performance g cost competitive (market defining) p products
Slide 18: Product Development
Product Development •Continuous C i Innovation I i iis k key to success •New p products introduced •600 kW capacity wind turbine •1 5 MW capacity wind turbine •1.5 •Turbine T bi design d i optimized ti i d to t suit it llow and medium wind regimes
Slide 19: REpower Acquisition
REpower Acquisition •Successful S f l bid for f REpower RE S Systems off Germany •Strong complimentarity of brands, technology, supply chain, product portfolio and capabilities •86.5% voting rights through agreements t with ith M Martifer tif anddA Areva
Slide 20: REpower Acquisition
REpower Acquisition •Bid Bid has h valued l d REpower RE at Euro E 1.34 1 34 billion (USD 1.8 billion) •Acquisition gives access to European markets •Creates strong combined product portfolio, including offshore offerings •Partly funded by FCCB issue of USD 300 million
Slide 21: Continuing Growth
Continuing Growth •FY08 FY08 has h brought b h our llargest orders d till date •Order of 630 MW from the Edison Mission Group, USA •700 MW order with PPM, USA, one of the largest wind contracts ever in US market k t •90 MW from the Shandong g Luneng g Group, China
Slide 22: Continuing Growth
Continuing Growth Strong domestic S d i position i i with i h major j orders •Reliance - 150 MW •British Petroleum – 40 MW •84 MW to Spain Spain, the world world’ss third largest wind energy market •Order backlog of over USD 3.5 billion
Slide 23: The Road Ahead
The Road Ahead •Maintain domestic market leadership, p Increase penetration in overseas markets •Derive synergies with REpower •Drive key technology projects to improve competitiveness, titi provide id superior i value l •Expand p to meet g global demand •Build key people capabilities •Strengthen en
Slide 24: Thank You!
Thank You! We look forward to you being partners in our success on to road to making the Suzlon Vision of creating sustainable growth for all stakeholders, a Reality.