K-Electric Ltd. · PSX:KEL
K-Electric — Corporate Update (November 2023)
22 slides from K-Electric's corporate update, Nov 17, 2023
Slide 1: Corporate Briefing Session
CORPORATE BRIEFING SESSION 17th November 2023 1
Slide 2: Table of content
Table of content Key Corporate Operational Financial KE Overview Challenges / Social Awards performance Performance Issues Responsibility 2
Slide 3: KE Overview: Presence Across the Value Chain
KE Overview KE’s Presence Across the Value Chain KE is the only vertically integrated power utility in Pakistan, a customer base of more than 3.5 million customers, and peak demand of over 3,650 MW Generation Transmission Distribution Installed generation capacity of 6,965 MVAs Capacity, 71 Grids, 1
Slide 4: Table of content
Table of content Key Corporate Operational Financial KE Overview Challenges / Social Awards performance Performance Issues Responsibility 4
Slide 5: Operational Performance
Operational Performance Operational Performance Sent-out (GWh) T&D (%) ↓7.3% 0.0pp 19,802 15.3% 15.3% 18,356 FY-23 FY-22 FY-23 FY-22 Despite extreme macro-economic issues which led to reduction in industrial The Company's operations were significantly affected by factors including surging sent-out
Slide 6: Operational Performance - Generation
Operational Performance - Generation KE continued to operate generation machines prudently during the year resulting in improvements in generation efficiency, reliability and forced outages. Reliability (%) Forced Outage No. ➢ During FY 2023, both Unit 1 and Unit 2, (450 MW each) of KE's 900 MW RLNG
Slide 7: Operational Performance - Transmission
Operational Performance - Transmission Increased transmission network reliability through addition of 10 new grid stations and c. 106 km of EHT lines, while also rehabilitating over 450 km of old EHT lines – as a result, 2,328 MVAs of transmission capacity has been added since FY12. Reduction in Tra
Slide 8: Operational Performance - Distribution
Operational Performance - Distribution Despite challenging macro economic conditions, decreasing customer propensity to pay and decreasing industrial sent-out, KE was able to successfully achieved NEPRAs T&D loss benchmark of 15.3% in FY 2023. AT&C Losses (PKR in Bn) Distribution Capacity (MVAs) 21.
Slide 9: Table of content
Table of content Key Corporate Operational Financial KE Overview Challenges / Social Awards performance Performance Issues Responsibility 9
Slide 10: Financial Performance
Financial Performance Financial Highlights Contribution Margin EBITDA Net Profit / (Loss) PKR Billion PKR Billion PKR Billion 8.5 98.8 41.6 86.6 16.5 (30.9) FY-23 FY-22 FY-23 FY-22 FY-23 FY-22 Reasons for Major Variations (FY23 vs FY22) ▪ The economic crisis stemming from sociopolitical and macroeco
Slide 11: Table of content
Table of content Key Corporate Operational Financial KE Overview Challenges / Social Awards performance Performance Issues Responsibility 11
Slide 12: Key Challenges / Issues
Key Challenges / Issues To overcome the challenges faced, KE is making efforts to mitigate them through effective engagement with all key stakeholders Challenges Mitigants Working diligently for renewal of tariff with an aim to Adjustments in sustainable Tariff MYT 2017-2023 did not allow for pass-t
Slide 13: Multi Year Tariff and Investment Plan 2023
Multi Year Tariff and Investment Plan 2023 ➢ KE was awarded an integrated MYT by NEPRA for a control period of 7 years that expired in June 2023 ➢ Keeping in view learnings of the MYT 2017-2023 and the ongoing changes in power sector, KE is endeavoring for separate tariff determination for each busi
Slide 14: New Multi Year Tariff - Improvements
New Multi Year Tariff - Improvements New Multi-Year Tariff is key for sustainable development of power infrastructure of Karachi New Multi-Year Tariff envisages improvements on various fronts, which will help the Company continue the investment journey in the interest of consumers 1. Keeping in view
Slide 15: Table of content
Table of content Key Corporate Operational Financial KE Overview Challenges / Social Awards performance Performance Issues Responsibility 15
Slide 16: ESG Highlights
ESG Highlights 210 50,000 Beneficiaries People benefited Saylani Electricity Water Purification Support Fund Plants 9 Million 6,000 Lives Impacted Patients KHI Awards Treated Health Camps Partnering with 200,000 48,000 100,000 Grantors and Households Customers Lenders Mangroves reached Facilitated B
Slide 17: Our Alignment to SDGs
KE Our Alignment to SDGs @ hh 6,000 Y Patients treated through Health Camps pA 57,000 Children impacted through school gia safety program d 100,000 + Mangroves Plantation ] PKRISM — Worth material repurposed G SUSTAINABLE “DEVELOPMENT (, 200,000 Households impacted through Roshni Baji program 50,000
Slide 18: ESG Framework Journey
ESG Framework Journey STAGE 01 STAGE 03 Nov-Dec Jan-Feb-Mar Jun-Sep STAGE 02 Mar-Apr-May STAGE 04 Benchmarking and Materiality Assessment and Implementing ESG Roadmap Across ESG Roadmap KE and Streamlining Processes Gap analysis Stakeholder Engagement 1. Conducted CXOs interviews 1. Implement ESG Ro
Slide 19: Table of content
Table of content Key Corporate Operational Financial KE Overview Challenges / Social Awards performance Performance Issues Responsibility 19
Slide 20: Awards & Certifications
Awards Awards & Certifications • Global Compact Network Pakistan awards K-Electric a Recognition Shield for its Sustainable Development Goals (SDG) initiatives at the SDGs Summit Pakistan 2023. • KE won Community Impact Award at 12th CSR Summit • KE won runner up award at the CFA for the Best ESG Re
Slide 21: The Journey Continues
The Journey Continues With the ongoing developments / investments in KE’s network and necessary support from the government entities, KE is confident in serving its customers in a reliable and efficient way Moving Forward Economic Prosperity through Enhanced Safety Industrial growth & through Public
Slide 22: Thank You
THANK YOU ©0009