Slide 1: Investor Presentation cover letter to exchanges
RP-Sanjiv Goenka Group Growing Legacies 17 November, 2020 Manager (Listing) National Stock Exchange oflndia Limited Exchange Plaza, 5th Floor, Plot No. C/1, G- Block, Bandra - Kurla Complex, Bandra (East), Mumbai 400 051 SCRIP CODE: CESC The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Str
Slide 2: CESC Limited - Powering India since 1899
~&,,':;,. RP-SanjlvGoenko y~ Group ~~~.S,~ l"'f.C'!L~ ... ,,.,. .. ,, CESC Limited Powering l_ndia since 1899 November 2020 1
Slide 3: Disclaimer
_:::i;;if ts,.- ~~ Group RP- Sanjlv Ooonk..s -~~~.~~ !>~-cw-~,.,. This presentation has been prepared by and is the sole responsibility of CESC Limited (the "Company"). By accessing this presentation, you are agreeing to be bound by the trailing restrictions. This presentation does not constitute or
Slide 4: RP-Sanjiv Goenka Group and CESC Ltd
~fa~ RP~ Sanjlv Goonk.:1 _ , ~ , Group RP- Saniiv Goenka Group $~~.~~ ,,..,,.,.,,11,,.,'4,,,W, .,------------------- 1ifr~ ~~.~~ CESC Ltd Fully Integrated Private Power Utility RP - Sanjiv Goenka Group is a well known diversified business house Phillips Carbon Black ' in India. India's largest Carbo
Slide 5: Indian Power Sector
~S;, -,~ RP•SanjlvGoonko G(OUp Indian Power Sector ~-l~~~.~~ (,<-<fW'j\s-,,,;,,<, ..>'l 1Mk4❖Ni·Mi:Mii-tM 1 l @iiik!iM#ik.\@ii+iiW\W·i!Mliiiti 1200 800 850 950 1000 1000 1050 1100 1125 1150 1200 1250 1200 1000 1000 800 ~! 1111111111111111 600 400 200 0 ro st r--. CO m 0 0 rl >- rl .-! >- N M >- rl >
Slide 6: Indian Power Sector - Outlook
RP~ Sanjlv Go<.ioka Indian Power Sector - Outlook CESC ~IMITft! Group ,.,,,,,,-,u,,, ,_,.,. ISi-Jit¥,;1@\ii#8§!ii@I • Per capita consumption of electricity in India has increased from 779 units in FYlO to 1208 units in FY20. 100% 80% 60% • Privatization of Utilities in UTs have been announced. 40% 2
Slide 7: CESC - Power Business & Distribution
11~t CESC r~ ~Ih;:,.. RPw Sanjiv Coenkn Group TLIMITEO ,,...,._~,~,,.-"'-<,a» CESC - POWER BUSINESS I & DISTRIBUTION 6
Slide 8: Operational Facilities - Overview
~\t; OPERATIONAL FACILITIES -OVERVIEW CESC ·v~ RPwSanjlv Goeoka Gfaup l I M l T E Cl 1,n,c-,,w,-i.-,w, Kolkata Distribution Business 600 MW thermal power plant in -335 sq km area Coal Mining, Power Generation & Chandrapur, Maharashtra Distribution -Consumer Base- 1 Lakh (Project cost Rs. 38 billion)
Slide 9: Recent key achievements
~4t+7 RP-Sanjlv Goonka Recent key achie~vements \VuCESC 7f f ~ Group ~!MITEO ,,..,:,r,,~»•·""""'" Chandrapur losses reduced substantially in FY'20 Budge Budge & Haldia amongst TOP TEN performing power plants in t.he country Marked improvement in T&D Loss FY20 - 8.90% • . . .. . FY 19 -:- 8.96% - Red
Slide 10: Financial Performance of key subsidiaries - FY'19-20
~!;,,,;. RP~Sanjiv Goooku · - , ~ , Group ~uCESC 1 ~IMITtO <wpi,Jta,,.,ks,t<,t Financial Performance of key: subsidiaries - FY'19-20 937 CESC Ltd (Consolidated) 11217 3737 1306 1184 Haldia Energy Ltd 2289 948 318 324 Dhariwal Infrastructure Ltd 1320 425 -10 (93) Crescent Power Ltd & 274 160. 26 54 R
Slide 11: Key Financial Performance - H1 FY'20-21
~~~ RP~ Sanjlv Goonka f ~ Group 4~~~.~~ 1w~¥,1Vin-1M.,m Key_ Financial Performance- H1 FY'20-21 CESC Ltd (Consolidated) 5475 571 6306 597 . Haldia Energy Ltd 1140 195 1135· 167 Dhariwal Infrastructure Ltd 706 47 602 (49) Crescent.Power.&Surya 132 19 152 20 Vidyut Neida Power 850 47 968 92 Kota/Bhara
Slide 12: Distribution Overview
~~~.~~ Distribution Overview ...:;;ii;ft~ RP~ Sanjlv Goenka - , ~ Group '"'•""•"'"''""'•"1' Distribution Input based Input based Bikaner 0 0 Naida Licensee Licensee Contract franchisee franchisee 0 Bharatpur Kota 0 O _ Kolkata Area 567 sq. km 335 sq. km 381 sq. km 25 sq. km Malegaon 0 Consumer 33 la
Slide 13: CESC Distribution - Kolkata
~~;;.. RP- Sanjlv Goenkti _;;j;;;!;., "' - - . ~ GRP-Sanjlv Goenka - - - .--,f;'> Group www.cesc.co.in CESC Distribution - Kolkata ,. r ' ~,oup Growing lt>g.-clo~ 120+ Area: 21,000+ Regulated Business years of experience 567 sq.km. ckt km of network Peak power Customer Base: Units sold Revenue deman
Slide 14: Kolkata distribution: B2C Business
~'!;, RPwSanj\V Gcunka -,,..;_"' Gtovp Kolkata distribution : B2C Business i4i~~.~~ t,.-nc,,o,,,-14<,mt Integrared Fault 3.3m .Customer ·. Mgrrit. Consumers Care Sys ! 0 Sales (license area) - 10,000 MU LT-68% " 10 Mains District wii~1~t1{.1 1 ' World-class Control Centre HT-32% ., 73 " SCADA & Comm
Slide 15: Delivering customer service across the electricity value chain
_,,.,,~Z RPw Saojlv Goeoka "-""" j CESC L I 1-1 I l E o ,,,.,.,.,,~.,."'<,,.,.,, -r!"" G,oup Delivering Customer service across the electricity value chain. ,fir Transmission MM % ♦ W%\£¥ifJ i\l /¼HI§ - ~ ~40V/220V/2?"~r1 ?if?;- ~~ IJ7l 14
Slide 16: Initiatives for Fault Prevention & Rapid Restoration
_;;i;;'J>'.-;., RP~Sanjlll Goonka - - , ~ . Group ~-¥~~.~~ lwr.,,,,~,.,.~,..,, Initiatives for Fault Prevention & Rapid Restoration ;1wi¼'ll:~}l<'WJP>: . ,.,,,~.,"'"'"""""•-~.,_,., "'~•"""-"'"''"'~'m,.,~.~•,C ...... .• :-::."::'"''""'""''"'"°',IC<', ~ ,.,..,., . ::::::;,;:,:';..«;::::;:"~~;. . ,...,
Slide 17: Leadership in Technology and Innovation
~:(~~ RP~SanjlvGoonka f~- Gtoup ~y~~.~~ leadership in Technology and Innovation two•,u,,..1,M_;,.,. Integrated 55 at New Cossipore Compact-33 kV Distribution Underground 132 kV 55 at with 220, 132 & 33 kV GIS Station 'Quest Mall' OP WER SilverSpri NG.TW AMI with approx. 25,000 Smart 1.5 MW Demand Re
Slide 18: CESC Service
.-Alt,.'<0;:1'( RP- Sanjiv Goonka -Vr•':> Group 1w,:,,,,,;<an•l<¢<••O> CESC SERVICE Improving Consumer Experience with superior customer service Hey, I am e600(fy and would be harpy In he:p yai.. wrth.1!1e foE:iw,ng Semces ""''~·;,.- ::: ,,.i,,q·.: 17
Slide 19: Awards & Recognitions
~i;;'!'; RPwSanjlv Goonka --VF- Group Awards & Recognitions $~~.~~ ,,,.,-.sct~.,,-t.,,,,m /\\\ '.. /;~ / \ \.. Du.n.& Bradstreet // ·, // ~\ Infra Awards 2017 // "\ / '\ Best Distribution;/ I/ \ . Company .·/ Budge Budge. TPP / 9'" CII national HR ·\ , . 1/ Awarded as the / excellence awards/4, ,/\J
Slide 20: CESC Standalone Financials
_;:i;;,<1~·;,.. AP~Sanjlv Goenka f~ Group CESC Standalone Financials ~¥~~,~~ L,,,,p·"i'-"<1'-•W! Sales (MU) Revenue (Rs. bn) 1035 69 8443 8651 8733 9034 9446 9549 0 10390 10282 62 48 54 56 FY'12 FY'13 FY'14 FY'15 FY'16 FY'17 FY'18 FY'19 FY'20 FY'12 FY'13 FY'14 FY'15 FY'16 FY'17 FY'18 FY'19 FY'20 Inc
Slide 21: CESC Standalone Financials
~"'-6 1\;;., RP~ Sanjlv Gounka ·f~ Group CESC Standalone Financials tp~~.~~ lw1¼«1"">· ....•'>~ PBT (Rs. Bn) Long Term Debt I Equity Ratio 0.7 11 94 0.6 0.6 0.6 0.6 6 10.99 11.02 · 11.19 0.5 0.5 0.5 0.5 6.93 7.73 8.25 8.33 l0.4 FY'12 FY'13 FY'14 fY'lS FY'16 FY'l 7 FY'18 FY'19 FY'20 I FY'12 FY'13 FY'
Slide 22: CESC Distribution - Noida Power Company Ltd
+. ---- - __;jj;;.fk;;..- RP- san}iv Goonka CESC Distribution - Noida Power Company Ltd ~"$~ RP-Sanjlv Goenka _..,~ Group ......,~ Group www.noidapower.com Gr11v,,n9 U:1911cle~ Distribution Area Power Procurement Greater Noida in JV with Dhariwal Uttar Pradesh Greater Noida Started operations Infras
Slide 23: Peak Demand / Revenue
RP~ Sanjlv Goenka Group $~~.~~ hq<o½j-<4"-~'"" Peak Demand [ CAGR:14% l GFA [ CAGR:31% l 500 2,000 ,. lln'"\ ,683- 400 1,500 300 ..: ~ u vi 1,000 _, 2 200 a:: 100 500 -1 1 34 - 93-94 00-01 10-11 15-16 18-19 19-20 93-94 00-01 10-11 15-16 18-19 19-20 Revenue [ CAGR:26% l PAT [ CAGR:22% 2,000 160 1,699
Slide 24: CESC Distribution - Rajasthan
s.. ---- RP- Sanjiv Goanka ~t:tt" RP-Sanjlv Goeoka Group www.cescrajasthan.co.in CESC Distribution - Rajasthan - , ,-:, Group GJ!!WlOI) Ll'l)!!t:lon Three wholly owned subsidiaries in the three cities- Kota Electricity Distribution Ltd Area (Sq. Km.) 176 50 155 Bharatpur Electricity Services Ltd and
Slide 25: Key Interventions after Takeover
_:;;..--w,<:;;- RP~ Sanjlv Ooonka ---,~, Group Key Interventions after Takeover ~v~~.~~ lwj¼,..,..,,.;"""">l •, Defective meters replaced • Centralized Command Station • New connection within a day • Regular billing for consumers • Diesel GenSet? on stand-by for • Outage calls attended in <1 hour •
Slide 26: CESC Distribution - Malegaon
,+, ---- .,;:iii/1 ,~iir RP-Sanjlv Goanka _.::i~/Jf>:, RP- Sanjlv Goenka --,~. Group www.cesc.co.in CESC Distribution - Malegaon - - , ~ Group G1uvm19 Le9lldua Start of operations Distribution Area Concession Period Power Procurement (Commenced on Malegaon in 20 Years MSEDCL 1st Mar'20) Maharashtra
Slide 27: Power Generation
A'-, ---- ~rl~t~ RP-Sa11jlv Goenka _,S;:6,t~ RP- Sanj!v Gounka . . - , ~ Group www.cesc.co.in Power Generation - - , ~ Group Growln!J le!J"de~ • CIL Linkage BBGS 750 MW I • Coal Mine • E-auction Integrated generation for SGS TGS Crescent :::: I 40MW Kolkata Distribution • Short Term Supply - Competi
Slide 28: Power Generation - CESC Kolkata
1~ ---- ~-@~~ RP- Sanjlv Goenka ~'':(;.. RP-Sanjiv Goenka f ~ Group Power Generation - CESC Kolkata ---Vf: Group Graw!og Logacio~ Stations Budge Budge- BBGS Assured Post Tax (3x250MW) Cumulative Capacity Equity Return Southern- SGS 1125MW 15.5% on (2x67.SMW) Normative Equity Titagarh- TGS (4x60MW) 1
Slide 29: 600 MW Haldia Thermal Power Project, West Bengal
_;;;i;_;JJ?;- RP~ sanjiv Goaoka f ~ Group 600 MW Haldia Thermal Power Project, West Bengal $~~.~~ twrt,aw•-~••Wi • Generating Station: 2x300 MW Thermal Power Plant • Entire capacity to CESC (Kolkata) -PPA approved by WBERC • Assured Post Tax Equity Return 15.5% on Normative Equity • Fuel Supply Agre
Slide 30: 600 MW Chandrapur Thermal Power Project, Maharashtra
~-··••;(1/::;~ --,~ RP-wSanjiv Goonka GrolJ(J 600 MW Chandrapur Thermal Power Project, Maharashtra ~~~.~~ N•fMj~SH-kmtta • First Independent Power Plant of CESC • Generating Station: 2x300 MW in Chandrapur, near Nagpur • Project cost of Rs. 38 billion funded at 75:25 debt-equity ratio • PLF 64.1% (F
Slide 31: Crescent Power
r~ ~1 ~ RP-Sanjlv Goonka Group Crescent Power ~~~.~~ l.,,P,,l\.\t<•~-"tt • Generating Station: 40 MW AFBC based power plant • Commissioning Year: 2010 • Plant set up at CESC's Sarisatolli coal mine pit in West Bengal & primarily based on washery rejects • Power sold to the grid • Connected to State
Slide 32: Renewables
~ 1 -1it;.- RPv Sanjlv Ooenka i't¼' l\ CESC f~- Group Renewables llMITtO '*-"''1~'W<·'"'"n) O One of the best portfolios in terms of tariff and returns O Amongst the first companies to set up a Solar Power Project at Gujarat (2010) and Tamil Nadu (2015) under the State Feed-in-tariff model Dangri, R
Slide 33: Thank You
RPM So.ojlv Oaenka Group CESC tlMlltO h~r•¼~=-t«>•m THANKYOU 32