Essar Shipping Limited. · NSE:ESSARSHPNG
Essar Shipping — Essar — Investor Presentation (September 2024)
43 slides from Essar Shipping's investor presentation, September 2024
Slide 1: Conglomerate of Ecosystems
Conglomerate of Ecosystems blueprint of a green vision September 2024
Slide 2: Essar
Essar Energy An integrated Group in core sectors; • investing globally with the spirit of an entrepreneur, • building assets with passion of an owner, & • managing business with discipline of a professional Infrastructure Be a conglomerate of ‘green ecosystems’, through: • future centric and value a
Slide 3: DNA
DNA Expertise Entrepreneurship Experience Creating Value Building Assets Realising Value Essar has invested in a portfolio Strategic investments in setting up Monetized assets; Depicts quality of world-class companies across world-class facilities in Steel, of assets built sectors and geographies Po
Slide 4: Footprint: Size & Scale
Footprint: Size & Scale Value US$ 9.6bn* US$ 1,348 mn US$ 6,052 mn US$ 1,419 mn US$ 806 mn * As of March 31, 2023 Energy Infrastructure Metals & Mining Technology & Retail
Slide 5: Investment Themes
Investment Themes DECARBONISATION DECENTRALISATION DIGITALISATION Energy transition, climate Infrastructure for a shared Technology & Retail and smart, sustainable mining & economy, and to create a more leveraging AI to create green steel initiatives to reduce efficient system that reduces cutting-e
Slide 6: Investment Objectives
Investment Objectives Transition existing seed assets to ‘green assets’ for a post carbon economy Transform sectors with investment in new age resources within the ‘ESG’ framework INFRASTRUCTURE ENERGY Create logistics network, and platforms by leveraging technology Delivering cleaner/greener energy
Slide 7: Conglomerate of Ecosystems
Conglomerate of Ecosystems Building Green Ecosystems of: ▪ Hydrogen along with decarbonisation initiatives for creating a sustainable industrial economy. ▪ Mobility by innovating logistics for eco- friendly transportation. ▪ Steel through supply chain decentralization by transforming mineral resourc
Slide 8: Hydrogen Ecosystem
Hydrogen Ecosystem Production and Supply Side Environmental Impact EET Hydrogen Facility (UK): Hydrogen Generation and Carbon Capture: • Establishment of a production facility in the North West of the United Kingdom. • Investments to generate 1.35 GW of hydrogen, sufficient to power a city like • Op
Slide 9: Green Mobility Ecosystem
Green Mobility Ecosystem Current Need: Decarbonisation Strategic Sourcing Global Urgency: Sourcing Partners: • Need for a decarbonized world is imminent. • Essar Exploration & Production, GAIL, Indian Oil. • Interim fuel required as net-zero technologies evolve. • Collaborations with Greenline (Indi
Slide 10: Steel Ecosystem
Steel Ecosystem Environment-Friendly Practices: Global Footprint: Steel-Making Capacities • Technologies like Pellets, DRI, EAF, and slab casting reduce power Saudi Arabia: usage and carbon emissions (40-60%). • 4-MTPA Green Flat Steel Complex underway. • Focus on minimizing emissions and environmen
Slide 11: Portfolio
Portfolio Energy Infrastructure Metals & Mining Technology & Retail - Essar Energy Transition (EET) - Essar Ports - Mesabi Metallics Co, US - Green Mobility - Essar Oil & Gas Exploration & - Essar Power - Green Steel Arabia, KSA - Black Box Production Limited (EOGEPL) - PT MBL - Essar Minmet - Pluck
Slide 12: Governance & Management
Governance & Management Board Composition Group Monitoring Committee All operating companies have Board of Directors comprising of: • Approve strategic and new investments for portfolio companies. • Executive Directors • Review Annual Business Plans (ABPs) and monitor portfolio companies. • Ensure m
Slide 13: Leadership – Group Monitoring Committee
Leadership – Group Monitoring Committee Sh. Shashi Ruia Sh. Ravi Ruia Founder Co Founder Prashant Ruia Anshuman Ruia Smiti Kanodia Rewant Ruia Member – Founding Family Member – Founding Family Member – Founding Family Member – Founding Family Haseeb Drabu Dhanpat Nahata Managing Partner Managing Par
Slide 14: Essar Foundation
Essar Foundation 2,000,000 155,000 Meals Medical Supplies 700,000 Essar Foundation has a rich heritage Sanitary Napkins of 50 years of service across Pan-India; in health, education, livelihood, women empowerment, sports, environment and infrastructure. The Foundation has always stood by the nation
Slide 15: Avid Learning
Avid Learning India’s Pioneering Cultural Programming Platform Essar’s cultural philanthropy arm, with firmly entrenched in India’s cultural ecosystem; Founded in 2009, Avid Learning is one of Mumbai’s leading public programming platform. Avid Learning has gained a reputation for curating thought-pr
Slide 16: Appendix- Portfolio Assets
Appendix- Portfolio Assets
Slide 17: Energy
Energy
Slide 18: Energy
Energy E&P EET Fuels EET Hydrogen EET H2 Power EET Retail Stanlow Terminal India, Vietnam UK UK UK UK UK Diversified resources; To become World’s First UK’s first and Largest World’s First 100% H2 To become UK’s largest fuels storage exploring greener fuels Green Fuel Refinery; Low Carbon H2 produce
Slide 19: Exploration & Production
Exploration & Production Geographically diversified E&P portfolio with proven prospects Essar Exploration and Production Ltd (EEPL) holds geographically diversified conventional and unconventional assets portfolio with significant prospects Global E&P exposure Production Ramp up along with Fuel and
Slide 20: Essar Oil & Gas Exploration & Production Ltd
Essar Oil & Gas Exploration & Production Ltd To contribute 5% of India’s Natural gas production by 2030 Overview ❑ Pioneer of UHC: Pioneer of Unconventional Hydrocarbon Development in India since the 1990s. $104 mn+ $82 mn+ $600 mn+ Revenue EBITDA Invested Successfully completed Exploration & Develo
Slide 21: Block 114 Vietnam
Block 114 Vietnam Largest Oil & Gas Discovery in South East Asia Overview Total Block Area 5905 sq. km. ❑ Significant Gas & Condensate discovery with in place reserves of ~3.9 bboe Location Song Hong Basin, Offshore Vietnam ❑ Drilled 3 exploration wells till date in block 114 JV Partners ENI (55%) &
Slide 22: EET - Fuels
EET - Fuels To become World’s First Green Refinery – 95% CO2 reduction The Essar Energy Transition Opportunity . World’s first green refinery - 95% CO2 reduction by FY30 ❑ EOUK’s main asset is Stanlow refinery (10mtpa - 16% of UK’s road fuel demand), one of the most advanced refineries in Europe (to
Slide 23: EET - Hydrogen
EET - Hydrogen World’s Leading 4GW Low Carbon Hydrogen plant with compelling economics Overview . – Flow Sheet ❑ Catalyst of UK’s Low Carbon Hydrogen Economy Stanlow Complex ▪ Project has received government approval for CfD (Contract for Difference) mechanism for 350MW (HPP1) Land, utilities, O&M,
Slide 24: EET – H2 Power
EET – H2 Power EET H2 Power will be the First 100% H2 Fired Power Plant Globally Overview . – Flow Sheet ❑ First of-its-kind H2-powered power plant globally EET Hydrogen EOUK ❑ Capacity of 100 MW in the UK (Stanlow) Drygas EET Hydrogen ▪ To be developed in two phases: COD in FY27 and FY29 PSA Tailga
Slide 25: EET – Stanlow Terminals
EET – Stanlow Terminals UK’s largest bulk liquid storage facility; expanding capacity with focus on 3rd Parties Overview . – Focus on Third Party businesses ❑ UK’s largest independent bulk liquid storage terminal ▪ 2 business segments: Essar Oil storage capacity & Third-party business ▪ 3m m3 total
Slide 26: EET - Retail
EET - Retail To become UK’s leading Low Carbon Fuel Retailer Overview . – Driving Community Convenience ❑ To become one of the leading Low Carbon Fuel Retailer in the UK ❑ Asset light model ▪ Company Lease Dealer Operated (CLDO) ❑ EET Retail has strong growth plans ▪ 700 retail sites by FY30 ❑ Each
Slide 27: Infrastructure
Infrastructure A | |
Slide 28: Infrastructure
Infrastructure Essar Power Essar Ports PT MBL Essar Projects Essar Shipping & OGD Services Canada / India India Indonesia Global India Focused on One of the fastest Leading EPC Engaged in offshore and One of the fastest onshore oil field drilling transitioning into growing private company delivering
Slide 29: Essar Power
Essar Power Harmonizing baseload thermal with new green energy sources, to power a cleaner, brighter future ! Overview ❑ Current Businesses: ▪ Essar Power Gujarat Limited (EPGL): A 2 x 600 MW imported coal based power plant $ 210 mn+ $ 26 mn+ $ 5.7 Bn+ Revenue EBITDA Capex Outlay with sub-critical t
Slide 30: Essar Ports
Essar Ports To become India’s top 3 Multi-Modal Green Port Operators by 2030 Overview – Operating capacity of 40 MMTPA and O&M experience of ~ 240 MMT Essar’s presence $ 2.2 Bn $ 4.2 Bn in India Investment made Divested Capacity 20 MMTPA Capacity 20 MMTPA EBTSL, Stanlow Salaya (India) Storage 1.5 MM
Slide 31: PT Manoor Bulatn Lestari
PT Manoor Bulatn Lestari To become the leading coal mining company in Indonesia Overview ❑ 100 MMT+ reserves of rare high GCV coal in Indonesia ▪ Indonesia has a production of around 700 MMTPA out of which this type of coal is $100 mn+ $13 mn+ $200 mn+ Revenue EBITDA Capex produced @ 100 MMTPA of hi
Slide 32: Essar Projects
Essar Projects To become World’s leading EPC Company by 2030 Overview ❑ Ongoing EPC Projects $40 mn+ $16 mn+ $11 bn+ ▪ Across Oil & Gas, Minerals & Metals, and Infrastructure sectors in India, Middle- Revenue EBITDA Total projects size East, Africa & SE Asia for KIPIC, TOTAL, Dangote, PNG Govt., Bah
Slide 33: Metals & Mining
Metals & Mining
Slide 34: Metals & Mining
Metals & Mining Green Steel Arabia Essar Minmet Mesabi Metallics Saudi Arabia India USA Leading environment friendly pellet World class pellet facility at Nashwauk, Largest flat Green steel complex across plant Minnesota entire MENA region. ▪ A 14-MTPA Iron Ore Pellet project in ▪ 7 MTPA DR grade Ir
Slide 35: Green Steel Arabia – Essar’s 4 MTPA Flat Green Steel Project
Green Steel Arabia – Essar’s 4 MTPA Flat Green Steel Project To become MENA region’s First Green Steel Complex – by 2030 Building the Green Steel Benchmark in Saudi Arabia $ 3.2 Bn+ $ 0.7 Bn $ 4.5 Bn ❑ 4 Million Tonnes of Premium Grade Flat Steel produced in Ras Al-Khair, to cater to country’s deman
Slide 36: Essar Minmet
Essar Minmet To lead the transformation of the supply chain for green and sustainable steel Overview ❑ Essar Minmet Limited (EML) is setting up a 14 MTPA Integrated Pellet Plant in split location $2344 mn $820 mn $1.7 bn+ in Odisha, India Revenue EBITDA Capex (as per (projected) (projected) TEFR) ❑
Slide 37: Mesabi Metallics
Mesabi Metallics To lead the Green Steel Transition by 2030 Overview <0.3 mn ❑ Mesabi’s Under Construction Taconite Mining and DR pellet project $1.6 bn+ $3.6 bn+ Planned tons ▪ Essar is a 100% equity owner and investor in Mesabi Metallics Invested till date Investment of CO2 per ton of ▪ Land parce
Slide 38: Tech & Retail
Tech & Retail
Slide 39: Tech & Retail
Tech & Retail Black Box Green Mobility Pluckk Global India India Digitally integrated platform Global Digital Infrastructure Greenline - To become India’s largest green selling fresh fruits & Integrator fleet operator by 2025 vegetables (FnV) ▪ Dominant market share in LNG and Electric Global presen
Slide 40: Black Box
Black Box Aspire to be a $2 Bn Enterprise in 3 years Overview $756 mn $52 mn ❑ Black Box (BSE: 500463/NSE: BBOX) is a global digital infrastructure integrator FY24 Revenue FY24 EBIDTA delivering network and system integration services and solutions, support services, and technology products to busin
Slide 41: Greenline Mobility
Greenline Mobility To achieve 1 Million Metric Ton reduction in Carbon Emission in 3 years Overview ❑ World’s first fully Integrated Green Mobility Company $10 mn+ $3.0 mn+ $11.9 mn+ ▪ Greenline has partnered with associate companies - Blue Energy Motors – to provide LNG and Revenue EBITDA Capex Ele
Slide 42: Pluckk
Pluckk To build fresh food FMCG unicorn with revenue of 1000+ crs and 10% EBITDA by 2028 Overview ❑ Pluckk is a ‘One stop’ solution offering a differentiated set of high quality & fresh products across Value-add, Exotics and Essentials. Categories present in – Fruits, Vegetables, Value Added (Meal k
Slide 43: Thank You
Thank You #GreenBlueprint Disclaimer: Strictly confidential and Privileged This presentation is for information purposes only. Although we have endeavored to accurately provide all information in this presentation, we make no representation or warranty, express or implied, in any manner whatsoever in