Torrent Power — Merger or Acquisition (September 2021)

5 slides from Torrent Power's merger presentation, Sep 21, 2021

Slide 1: Exchange filing cover letter: Investor Presentation
POWER September 21, 2021 To, To, Corporate Relationship Department Listing Department, BSE Limited National Stock Exchange of India Limited 141h Floor, P. J. Towers, "Exchange Plaza", C - 1, Block G Dalal Street, Fort, Sandra- Kurla Complex, Sandra (East), Mumbai-400 001 Mumbai 400 051 SCRIP CODE: 5
Slide 2: Torrent Power Limited Acquisition Update
Torrent Power Limited ACQUISITION UPDATE 21st Sep 2021
Slide 3: Acquisition Details - 156 MW Wind Power Plants
ACQUISITION DETAILS - 156 MW WIND POWER PLANTS Investment Metrics FY21A FY23E Remarks Total Consideration 790 790 Equity: Rs. 291 Cr; Debt : Rs. 475 Cr; i.e. Enterprise value Rs. 765 Cr + CCE: Rs. 25 Cr Price/Book ratio 1.05x 0.9x Book Value: Rs. 277 Cr (excl CCE) EBITDA 95 116 EV/EBITDA 8.1x 6.6x S
Slide 4: Key Operational Parameters
KEY OPERATIONAL PARAMETERS: Particulars Total Remarks Capacity 156 MW 96 MW with GUVNL, 36 MW with MP & 24 MW with Rajasthan discom Balance Useful Life ~20 years Tariff 4.68/unit Weighted average of all PPAs Project Cost Rs. 6 Cr / MW O&M Contractor IWSL Inox Wind Infrastructure Services Limited O&M
Slide 5: Thank You
THANK YOU Contact details: Rishi Shah Torrent Power Limited “Samanvay”, 600 Tapovan, Ambawadi, Ahmedabad 380015 Ph. No. (079) 26628473 Email: IR@torrentpower.com