Jaiprakash Power Ventures Limited · NSE:JPPOWER

Jaiprakash Power Ventures — Investor Presentation (February 2013)

36 slides from Jaiprakash Power Ventures's investor presentation, February 2013

  1. Slide 1: Investor Presentation

    Investor Presentation FEBRUARY 2013 1

  2. Slide 2: Disclaimer

    Disclaimer This presentation is strictly confidential and may not be copied, published, distributed or transmitted in whole or in part, by any medium or in any form for any purpose. The information in this presentation is being provided by the Jaiprakash Power Ventures Limited (the “Company”) and is

  3. Slide 3: Overview of Jaypee Group

    Overview of Jaypee Group 3

  4. Slide 4: Corporate Structure

    Corporate Structure Jaiprakash Associates Limited (JAL) E&C Cement – 21.8 MTPA Listed company Real Estate & Hospitality BOO Power Cement Infrastructure 67.9% Jaiprakash Power Ventures Ltd (JPVL) Jaypee Infratech Limited 300 MW Baspa – II HEP # Cement JVs 74% (JIL) # 400 MW Vishnuprayag HEP # (4.3 MT

  5. Slide 5: Demonstrated Execution Capability of JAL

    Demonstrated Execution Capability of JAL – Completed HEPs Generating 9840 MW between 2002-2011 JAL is the leader in the construction of multi-purpose river valley and hydropower projects and has been involved in construction of major engineering projects over the last 4 decades Baghalihar I ** Karch

  6. Slide 6: JPVL's Business Overview

    JPVL’s Business Overview 6

  7. Slide 7: Jaiprakash Power Ventures - USPs

    Jaiprakash Power Ventures - USPs  Strong Parentage: JAL’s expertise in Infrastructure projects and project execution capabilities  Only private player to operate 1.7GW of Hydro: No fuel risk  Fuel Diversification: Thermal / Hydro Mix of 60 : 40 – Fuel cost pass thru in all coal fired capacities 

  8. Slide 8: Power Capacity in Operation/ Under Advanced Stages of Implementation

    Power Capacity in Operation/ Under Advanced Stages of Implementation Fuel Capacity PPA Merchant S.N. Project State Equipment Supplier VER / CER (MW) (MW) (MW) Current Capacity VA Tech (Austria), Voith (Germany), Alstom 1. Baspa-II H.P. Hydro 300 300 - (France) 1.00 Mn VERs 2. Vishnuprayag U.K. Hydro

  9. Slide 9: Bina TPP – 500 MW – Progress Report

    Bina TPP – 500 MW – Progress Report As on 31st Jan, 13 Bina TPP - Unit I Bina TPP - Unit II Balance Work Completed Completed Balance Work Balance of Plant 100% Balance of Plant 82% 18% ESP 100% ESP 96% 4% TG 100% 99% 1% TG Mill Bay & Bunker Structure 100% 99% 1% Mill Bay & Bunker Structure Boiler 10

  10. Slide 10: 500 MW Bina Thermal Project - Progress Photographs

    500 MW Bina Thermal Project - Progress Photographs VIEW OF ESP, BUNKER & BOILER WITH WATER RESERVOIR IN FOREGROUND ESP I RAILWAY LINE MAIN CONTROL ROOM

  11. Slide 11: Nigrie TPP - 2X660 MW – Progress Report

    Nigrie TPP - 2X660 MW – Progress Report As on 31st Jan, 13 Nigrie STPP - Unit - I Nigrie STPP - Unit II Completed Balance Work Completed Balance Work Balance of Plant 47% 53% Balance of Plant 0% 100% 79% 21% ESP 59% 41% ESP TG 58% 42% TG 4% 96% Mill Bay & Bunker Structure 91% 9% Mill Bay & Bunker St

  12. Slide 12: Nigrie TPP - 2X660 MW – Project Highlights

    Nigrie TPP - 2X660 MW – Project Highlights  Hydro test for Unit -I Boiler completed on 02.02.2013.  400 KV DC Power Transmission Line will be commissioned by 30.06.2013.  Railway Sidings viz. Nigrie-Niwas Road Railway Station and Amelia (North) - Majhauli Railway Station will be commissioned by 3

  13. Slide 13: Nigrie TPP - 2X660 MW – Progress Photographs

    Nigrie TPP - 2X660 MW – Progress Photographs 373 MT 660MW GENERATOR STATOR AT SITE 13

  14. Slide 14: Bara TPP – 3x660 MW – Progress Report

    Bara TPP – 3x660 MW – Progress Report As on 31st Jan, 13 Bara STPP - Unit I Completed Balance Work Balance of Plant 0% 100% ESP 55% 45% TG 46% 54% Bunker Structure 31% 69% Boiler including Mill Bay 45% 55% Structural Steel Fabrication 44% 56% Concrete 60% 40% Expected Commissioning : Unit I : Apr’14

  15. Slide 15: Bara TPP – 3x660 MW – Progress Report Contd..

    Bara TPP – 3x660 MW – Progress Report Contd.. As on 31st Jan, 13 Bara STPP - Unit 2 Bara STPP - Unit 3 Completed Balance Work Completed Balance Work 54% 46% ESP 59% 41% ESP TG 9% 91% TG 0% 100% Bunker Structure 12% 88% Bunker Structure 0% 100% Boiler including Mill Bay 30% 70% Boiler including Mill

  16. Slide 16: Bara TPP – Ahead of Scheduled Commissioning

    Bara TPP – 3x660 MW – Ahead of scheduled Commissioning Expected commissioning for Bara Phase I As per Revised Likely COD LOI with UPPCL Unit – I Aug’14 Apr’14 Unit – II Jan’15 Sep’14 Unit – III Jun’15 Oct’14 16

  17. Slide 17: Bara TPP – 3x660 MW – Progress Photographs

    Bara TPP – 3x660 MW – Progress Photographs ESPs WITH BOILER IN BACKGROUND BOILER 1 TG Deck-3 Turbine Generator 1 17

  18. Slide 18: Thermal Hydro Mix & Merchant Power Capacity

    Thermal Hydro Mix & Merchant Power Capacity Thermal : Hydro Mix of Power Capacity * Sales Mix of 1000 MW Karcham Wangtoo HEP (as of 31st Dec, 2012) 23% 52% 69% Free Power Rs. 3.20/unit 100% 100% 18% 12% 77% 48% 31% Rs. 3.59/ unit FY 11 FY 12 FY 13 FY 14 FY 15 70% Hydro Thermal Largest Private Sector

  19. Slide 19: Power Business – Summary of Project Status: Hydro

    Power Business – Summary of Project Status: Hydro Project Land Water Environment DPR/EPC Fuel PPA Equity upto Dec'12 (Rs Clearance Order mn) Baspa II PROJECT IN OPERATION 100 % PPA 4,910 300 MW Vishnuprayag PROJECT IN OPERATION 100 % PPA 5,090 400MW Karcham 100% Wangtoo PROJECT IN OPERATION 20,700 M

  20. Slide 20: Power Business – Summary of Project Status: Thermal

    Power Business – Summary of Project Status: Thermal Order for Equity Environment Project Land Water Plant & Fuel PPA upto Dec '12 Clearance Machiner (Rs mn) y 70% GoMP Bina I      FSA executed 30% Merchant 9,820 500 MW (Fuel cost pass thru in PPA) GoMP 37.5% Others Nigrie  12.5% Thermal   

  21. Slide 21: Financial Summary

    Financial Summary 21

  22. Slide 22: Jaiprakash Power Ventures - Financial Performance

    Jaiprakash Power Ventures - Financial Performance In INR Mn (US$Mn) ANNUAL NINE MONTHLY Growth w.r.t. Particulars FY 2010 FY 2011 FY 2012 9M FY’12 9M FY’13 Growth FY 11 7,178 8,407 16,863 13,218 18,782 Revenue 101% 42% (144) (168) (337) (264) (376) 6,349 7,235 15,267 12,628 15,971 EBIDTA 111% 26% (1

  23. Slide 23: Selected financial information

    Selected financial information Balance Sheet Rs mn (US$ mn) Particulars JPVL FY 2010 FY 2011 FY 2012 Net worth 33,778 (675) 51,706 (1,034) 54,650 (1,093) Secured & Unsecured 53,746 (1,075) 120,681 (2,414) 148,124 (2,963) Debt Net Fixed Assets 48,405 (968) 122,035 (2,441) 160,408 (3,208) (including W

  24. Slide 24: Shareholding Pattern – Jaiprakash Power Ventures Limited

    Shareholding Pattern* – Jaiprakash Power Ventures Limited All figures in % S.N. Category JPVL 1 Promoters 72.72 2 Trust 13.11 3 FIIs 1.23 4 Mutual Funds 3.38 5 Bodies Corporate 2.49 6 Public Financial Institutions 0.68 7 Banks 1.50 8 Public 4.90 TOTAL 100.0 No. of Shares (in Mn) 2,625 Face Value (Rs

  25. Slide 25: Project Details

    Project Details 25

  26. Slide 26: Baspa-II HEP - 3x100 MW

    Baspa-II HEP - 3x100 MW Project Detail Description Location & size 300 MW Hydro Power Project in Himachal Pradesh Concession Period 40 + 20 Years Total project cost Rs. 1,667 Crores Means of finance Debt – Rs. 1,089 Crores Equity – Rs. 491 Crores Internal Accruals – Rs. 87 Crores Current status In o

  27. Slide 27: Vishnuprayag HEP - 4x100 MW

    Vishnuprayag HEP - 4x100 MW Project Detail Description Location & size 400 MW Hydro Power Project in Uttrakhand Concession Period 30 + 20 Years Total project cost Rs. 1,694 Crores Means of finance Debt – Rs. 1,185 Crores Equity – Rs. 509 Crores Current status In operation since Oct 2006 Offtake arra

  28. Slide 28: Karcham Wangtoo HEP - 4x250 MW

    Karcham Wangtoo HEP - 4x250 MW Project Detail Description Location & size 1,000 MW Hydro Power project in Himachal Pradesh Concession Period 40+20 Years Total project cost Rs. 6,900 Crores Means of finance Debt – Rs. 4,890 Crores Equity – Rs. 2,010 Crores Current status In operation since Sept 2011

  29. Slide 29: Jaypee Powergrid Limited - 214 KM Power Transmission Project

    Jaypee Powergrid Limited - 214 KM Power Transmission Project Project Detail Description Location & size 214 km transmission project to evacuate power from 1,000 MW Karcham-Wangtoo project Concession Period Owned Total project cost Rs. 1,000 Crores Means of finance Debt – Rs. 700 Crores Equity – Rs.

  30. Slide 30: Bina TPP – 500 MW

    Bina TPP – 500 MW Project Detail Description Location & size 500 MW Thermal Power Plant in Dist. Bina in Madhya Pradesh. Concession Period Owned Total project cost Rs. 3,240 Crores Means of finance Debt – Rs. 2,258 Crores Equity – Rs. 982 Crores Expected Commissioning 2013 Offtake arrangement for Ph

  31. Slide 31: Nigrie TPP - 2X660 MW

    Nigrie TPP - 2X660 MW Project Detail Description Location & size 1320 MW super critical technology boiler, pit head based Thermal Power Plant at Dist Sidhi in Madhya Pradesh Coal Blocks Coal from Mines at Amelia (North) & Dongri Tal-II Total project cost Rs. 10,000 Crores* Means of finance Debt – Rs

  32. Slide 32: Bara TPP – 3x660 MW

    Bara TPP – 3x660 MW Project Detail Description Location & size 1,980 MW super critical technology boiler based Project in Bara, Allahabad, Uttar Pradesh Concession Period Owned Total project cost Rs. 10,780 Crores for Phase - I Means of finance Debt – Rs. 8,085 Crores Equity – Rs. 2,695 Crores Expec

  33. Slide 33: Coal Blocks

    COAL BLOCKS 33

  34. Slide 34: Amelia (North) – Regulatory Timelines

    Amelia (North) – Regulatory Timelines S.No Particulars Date 1 JV Agreement Signed between JAL & MPSMCL 27-Jan-06 2 Mining Plan approved by Ministry of Coal, GoI 14-Nov-06 3 Environmental Clearance from MoEF, GoI received 20-Jul-07 4 Mining Closure Plan approved by Ministry of Coal, GoI 19-May-11 5 F

  35. Slide 35: Dongri Tal II – Regulatory Timelines

    Dongri Tal II – Regulatory Timelines S.No Particulars Date 1 JV Agreement Signed between JAL & MPSMCL 24-Dec-08 Approval for prospecting license for Exploration, granted by 2 29-Oct-09 Ministry of Coal, GoI 3 Mining Plan approved by Ministry of Coal, GoI 14-Jul-11 4 Environmental Clearance from MoEF

  36. Slide 36: Thank You

    THANK YOU 36

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