K-Electric Ltd. · PSX:KEL
K-Electric — Investor Presentation (May 2024)
26 slides from K-Electric's investor presentation, May 21, 2024
Slide 1: Investor Briefing
INVESTOR BRIEFING 21st May 2024
Slide 2: Our Vision and Mission
Our Vision To restore and maintain pride in KE, Karachi and Pakistan. Our Mission Brightening lives by building the capacity to deliver uninterrupted, safe and affordable power to Karachiites.
Slide 3: Table of content
Table of content Post Key Matters Financial Future Plans KE Overview ESG Privatization Update Performance & Initiatives
Slide 4: KE Overview
KE Overview The only vertically integrated power utility company in Pakistan, KE has a robust network to ensure sustainable and reliable power supply to Karachi and its adjoining areas Customers Presence Across the Entire Power Value Chain 3.7 Million Area 6,500km2 Generation Transmission Distributi
Slide 5: Table of content
Table of content Post Key Matters Financial Future Plans KE Overview ESG Privatization Update Performance & Initiatives
Slide 6: Investment in KE since Privatization
Investment in KE since Privatization Since privatization, investments of PKR 544 Billion (USD 4.4 Billion) have been made upto FY 2023 in power infrastructure resulting in significant improvements across the power value chain Capital Expenditure since Privatization Over USD 700 Million of PKR Billio
Slide 7: Operational Improvements – Generation
Operational Improvements – Generation Addition of efficient generation plants to KE’s generation fleet resulting in significant improvements in generation fleet efficiency Capacity Addition Generation Efficiency MW Gross HHV Korangi Combined Cycle Korangi Gas Turbine Efficiency(1): 38% 247 Efficienc
Slide 8: Transmission: Capacity Enhancement & Operational Outperformance
Transmission: Capacity Enhancement & Operational Outperformance Capacity enhancement by 100% through addition of 19 new grid stations – significant improvement in Transmission network reliability as well as reduction in transmission losses Grid Stations Transmission Capacity Trafo / Grid Equipment T
Slide 9: Distribution: Loss Reduction
Distribution: Loss Reduction Various loss reduction initiatives as well as targeted recovery drives have resulted in considerable reduction in Transmission & Distribution (T&D) and Aggregate Technical & Commercial (AT&C) losses Transmission & Distribution Loss Aggregate Technical & Commercial Loss %
Slide 10: Distribution: Capacity Enhancement
Distribution: Capacity Enhancement KE has increased distribution capacity by over 4,926 MVAs, bringing the total to 2.3x the capacity at the time of privatization Distribution Transformers Distribution Capacity Load-shed Exempt Feeders Nos. MVAs % 31,261 8,808 70% 25,667 7,230 63.0% 52.0% 4,675 4,97
Slide 11: Table of content
Table of content Post Key Matters Financial Future Plans KE Overview ESG Privatization Update Performance & Initiatives
Slide 12: Key matter updates
Key matter updates Grant of Distribution License post expiry in July 2023 Multi-Year Tariff • As per the NEPRA Act, 2018, Distribution (Network) and • Separate petitions filed for Generation, Transmission, Supply are separate licensed activities Distribution and Supply • KE has been granted separate
Slide 13: Key matter updates (continued)
Key matter updates (continued) Security of Supply to KE from Execution of Facilitation Agreement for National Grid timely payments to KE • Power Purchase Agency Agreement • Tariff Differential Subsidy (TDS) Agreement (PPAA) and Interconnection signed between KE and GoP Agreement (ICA) executed with
Slide 14: Table of content
Table of content Post Key Matters Financial Future Plans KE Overview ESG Privatization Update Performance & Initiatives
Slide 15: Financial Performance
Financial Performance Financial Highlights Contribution Margin EBITDA Net Profit / (Loss) PKR Billion PKR Billion PKR Billion 12.0 8.5 98.8 45.9 86.6 84.9 41.6 16.5 (30.9) FY-23 FY-22 FY-21 FY-23 FY-22 FY-21 FY-23 FY-22 FY-21 Reasons for Major Variations (FY23 vs FY22) ▪ The economic crisis stemming
Slide 16: New Multi Year Tariff – Expected Improvements
New Multi Year Tariff – Expected Improvements New Multi-Year Tariff is key for sustainable development of power infrastructure of Karachi New Multi-Year Tariff envisages expected improvements on various fronts, which will help the Company continue the investment journey in the interest of consumers
Slide 17: Table of content
Table of content Post Key Matters Financial Future Plans KE Overview ESG Privatization Update Performance & Initiatives
Slide 18: Approved Investment Plan FY24 – FY30
Approved Investment Plan FY24 – FY30 Investment Plan Highlight ➢ The plan incorporates an investment of PKR 392 billion and aims to achieve: • 30% growth in customers • 30% increase in our share of renewables • 30% reduction in power outages • 2.3% reduction in Distribution loss ➢ We intend on achie
Slide 19: Generation Mix Diversity Plan FY24 – FY30
Generation Mix Diversity Plan FY24 – FY30 Conversion of Base Load Coal Addition of 1,282 MW of Plants and off-take by KE Renewables by FY 2030 • Considering that as per the National Electricity • KE is greatly focusing on diversifying its fuel mix Policy 2021, future generation additions are to and
Slide 20: Table of content
Table of content Post Key Matters Financial Future Plans KE Overview ESG Privatization Update Performance & Initiatives
Slide 21: ESG Highlights Jul’23 – Mar’24
ESG Highlights Jul’23 – Mar’24 1,605 30,000 Electricity Bill Beneficiaries Water Purification People benefited Support Fund Plants 20 Teachers from DEWA trained to impart safety 64 Front line workers of knowledge to 1,300 various Govt. Emergency Inclusion differently abled students Response departme
Slide 22: Our Alignment to SDGs Jul’23 – Mar’24
Our Alignment to SDGs Jul’23 – Mar’24 ~2200 Patients treated through Health Camps 77,000 Children impacted through school safety program 200,000 Households impacted through Roshni Baji program PKR 15 M Worth material repurposed 30,000 43,000 People benefitted with 03 water Advocacy on safe & filtrat
Slide 23: Our Flagship Project: KHI Awards 3.0
Our Flagship Project: KHI Awards 3.0 Honor organisations of Karachi who embrace it in the name of hope, peace and development by enabling them to create impact for the city, its people and its socio-economic landscape. 43 Winners PKR 40 Million Awarded Programme Partners Programme Details 300 Organi
Slide 24: KHI Awards 3.0
KHI Awards 3.0 Honor organisations of Karachi who embrace it in the name of hope, peace and development by enabling them to create impact for the city, its people and its socio-economic landscape. 24
Slide 25: Awards & Certifications
Awards Awards & Certifications Awarded at the First Pakistan Disability Inclusion Excellence Awards 2023 Bin Qasim II becomes first KE plant to be awarded 5S certification for Operational Excellence by SGS Pakistan. Awarded the Diamond Award at the Employer’s Federation of Pakistan’s Women Empowerme
Slide 26: Thank You
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