Sitara Energy Limited. · PSX:SEL

Sitara Energy — Corporate Update (November 2019)

9 slides from Sitara Energy's corporate update, Nov 25, 2019

  1. Slide 1: Corporate Briefing Session for the Year Ended June 30, 2019

    Sitara Energy Limited Corporate Briefing Session For the Year Ended June 30, 2019 November 25, 2019

  2. Slide 2: Presentation Outlines

    Presentation Outlines 1- Review of 2019 2- Operating Results/Highlights 3- Future Challenges/Problems 4- Future strategy 5- Question /Answer Session

  3. Slide 3: Review of 2019

    Sitara Energy Limited Review of 2019  Upsurge in Natural Gas Tariff by 61% and RLNG Prices 100%  Non availability of system gas (28%) since December 2018  RFO price remained too high ranging from Rs 66,488 PMT to Rs 95,940 PMT. Average Price was Rs 84,395 PMT. No one price is workable  Tariff fo

  4. Slide 4: Review of 2019

    Sitara Energy Limited Review of 2019  The country witnessed one of the worst Pak Rupees devaluation-more than 32% leading to increase in all imported stores, spare parts and lubricants Increase in finance cost (3 month KIBOR) from 7.91 % in July 2018 to 12.97% in June 2019  Discontinued buying by

  5. Slide 5: Operating Results/Highlights

    Sitara Energy Limited Operating Results/Highlights 2019 2018 Variance % Generation Kwh 69,720,738 212,259,327 142,538,589 67 Sales revenue Rs ‘000’ 1,036,691 2,412,173 1,375,482 57 Cost of generation Rs ‘000’ 1,035,379 2,359,465 1,324,086 56 Gross profit Rs ‘000’ 1,312 52,708 51,396 98 Other income

  6. Slide 6: Operating Results/Highlights

    Sitara Energy Limited Operating Results/Highlights Year Generation Generation (kWh) (MW) 2017-18 212,259,327 24.23 2018-19 69,720,738 7.96

  7. Slide 7: Future Challenges/Problems

    Sitara Energy Limited – Future Challenges/Problems The Company is trying to achieve better efficiency in fuels consumption minimum possible with maintenance expenses in existing financial crunch. The allocation of system gas and RLNG in the ratio of 28%:72% is still in jeopardized and so far no chan

  8. Slide 8: Future strategy

    Sitara Energy Limited Future strategy The company will try to find any opportunity of load demand at its best. Addition of Solar Power, subject to availability of SBP financing and availability of BPCs, to improve energy mix. Expectation of development of wheeling arrangement by NEPRA/DISCOs The man

  9. Slide 9: Question / Answer Session

    Sitara Energy Limited Question /Answer Session

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