Cesc Ltd · NSE:CESC
Cesc — Investors' Conference, Singapore (November 2019)
33 slides from Cesc's conference presentation, Nov 23, 2019
Slide 1: Cover letter to stock exchanges
RP-Sanjiv Goenka Group Growing Legacies Ener1isin1 Lives • Since 1899 SEC:SB:31709 23 November, 2019 Manager (Listing) National Stock Exchange of India Limited Exchange Plaza, 5 th Floor, Plot No. C/1, G- Block, Sandra - Kurla Complex, Sandra (East), Mumbai- 400 051 SCRIP CODE: CESC The Secretary BS
Slide 2: CESC Limited - Powering India since 1899
~~ RP- Sanjiv Goenka , ~ Group CESC Limited Powering India since 1899 November 2019 1
Slide 3: Disclaimer
~~ RP- Sanjiv Goenka , ~ Group 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 form part of any offer or invitati
Slide 4: RP-Sanjiv Goenka Group
~~ RP - Sanjlv Goenka , ~ Group RP- Sanjiv Goenka Group CESC Ltd Fully Integrated Private Power Utility RP-Sanjiv Goenka Group is a well known diversified business house in India Phillips Carbon Black RP-Sanjiv Goenka Group has interests across diverse f Phillips Carbon Black Limited Ltd India’s
Slide 5: Indian Power Sector - Overview
~~ RP- Sanjiv Goenka , ~ Group Indian Power Sector - Overview All India Installed Capacity Power availability & deficit (billion units) (% ) All-India installed capacity at the end of FY1 8 All-India installed capacity by FY 23 ■ Natural Gas ■ Hydro ...11% 1,800 0.9% 6% ---- ■ lignite 1,600 !·-·1 1,
Slide 6: Indian Power Sector - Outlook
RP- Sanjiv Goenka Grou p Indian Power Sector - Outlook Outlook on Power Demand (6.3% CAGR growth) Factors influencing future power demand (ibillion units) 1,8 00 1630-16 50 I G.3% CAGR 1,6 00 1,400 1,205 r ··-7 ·- ·7 ,··-, 1,2 00 1 ,0 00 GDP Growth 8 00 6 00 400 Capacity expansion 2 00 FY18 FY19
Slide 7: CESC - Power Business Generation & Distribution
~~ RP- Sanjiv Goenka , ~ Group CESC - POWER BUSINESS GENERATION & DISTRIBUTION 6
Slide 8: Operational Facilities - Overview
~~ RP- Sanjiv Goenka OPERATIONAL FACILITIES -OVERVIEW , ~ Group Renewables Kolkata Distribution Business Independent Power Plants 600 MW thermal power plant in Coal Mining, Power Generation & Chandrapur, Maharashtra Noida Distribution Distribution (Project cost Rs. 38 billion) -1125 MW thermal power
Slide 9: Recent key achievements
RP - Sanj iv Goenka Group Recent key achievements CESC LIMITED r.,rsfteq Urn • S..C. lltl Significant rise in Consolidated PAT PAT FY 19 – Rs 1184 cr FY 18 – Rs 912 cr - All time high EPS ~ Rs 90 (Consol) FY 17 – Rs 690 cr First time PBDT +ve for Chandrapur project in FY’19 Budge Budge & Haldia amon
Slide 10: Financial Performance of key subsidiaries
~~ RP- Sanjiv Goenka , ~ Group Financial Performance of key subsidiaries Rs. crore Revenue EBIDTA PAT PAT PAT PAT FY`18-19 FY`18-19 FY`18-19 FY`17-18 HY’ 1 (19-20) HY’ 1 (18-19) CESC Ltd (Standalone) 7919 2093 937 861 492 455 CESC Ltd (Consolidated) 10868 3660 1184 912 596 535 Haldia Energy Ltd 2293
Slide 11: Distribution Overview
~~ RP- Sanjiv Goenka , ~ Group Distribution Overview Rajasthan – City/ (KOTA, Kolkata Noida Malegaon Location Bharatpur, Bikaner) Bikaner Distribution Input based Input based 0 0 Noida Licensee Licensee 0 Bharatpur Contract franchisee franchisee Kota 0 0 Kolkata Area 567 sq. km 335 sq. km 381 sq. km
Slide 12: Overview of CESC - Kolkata Distribution Business
~~ RP- Sanjiv Goenka , ~ Group Overview of CESC - Kolkata Distribution Business CESC LIMITED India’s oldest electricity utility, operating since 1899- 120+ years of experience Engaged in Coal mining, Generation and Distribution of electricity to city of Kolkata & adjoining areas Almost entire
Slide 13: Kolkata distribution: B2C Business
Kolkata distribution : B2C Business RP- Sanjiv Goenka Group Fault 3.3m Consumers 6 Regions Integrated Customer Mgmt. / SBUs Care Sys ..•.................. • Sales (license area) – 9700 MU+ • 10 Mains .: CRM .: • World-class o LT – 69% District ········r······' Control Centre ..., ...................
Slide 14: Delivering Customer service across the electricity value chain
~~ RP- Sanjiv Goenka Delivering Customer service across the electricity value chain , ~ Group Network Technology Reliability Innovations Generation Transmission Distribution Smart outage Complaint management 16.5KV 400,220KV 33,11KV 440V/220V Management Smart Metering Virtual office 13
Slide 15: Initiatives for Fault Prevention & Rapid Restoration
RP- Sanjlv Goenka CESC Initiatives for Fault Prevention & Rapid Restoration LIMI T ED Group SCADA & Analytics Planning Tools GIS AMR for DTs Dis tributio n Statio n Tool • Dynamic ~nked short listing critem baind onloitding, (N•1).fifult1, Mflsiti¥ity1tc. DTR Tool • O.biled 1v1l~tionN>dr.nkingofDS's
Slide 16: Leadership in Technology and Innovation
~~ RP- sanjiv Goenka ~ ~~,~~ ~~ Group Leadership in Technology and Innovation [fff&l1iltt lhH • S.. lffl Integrated SS at New Cossipore Compact 33 kV Distribution Underground 132 kV SS at with 220, 132 & 33 kV GIS Station `Quest Mall’ OP® WER SilverSpr~~~Z? (® NETW ~ Transforming the way Utilities r
Slide 17: Enriching Consumer Experience
RP- Sanjiv Goenka ES Group Web Services Mobile SERVICE Apps Improving Consumer Experience with superior customer service SMS Services New Connection Applications 48.5% 24x7 Call Centre of Bills paid 100% online Online Branding / ~ eBuddy fl CTSC's Digital Assistant Hey, I am eBuddy and would be Comm
Slide 18: Awards & Recognitions
~~ RP- Sanjiv Goenka , ~ Group Awards & Recognitions Dun & Bradstreet Infra Awards Best Distribution Company Budge Budge TPP 9th CII national HR Awarded as the excellence awards Gold Winner at the 2018-19 Global Leadership in HR Environment Excellence Recent Award Recognitions CII-Exim Bank 11th ENE
Slide 19: CESC Standalone Financials
~~ RP- Sanjiv Goenka , ~ Group CESC Standalone Financials Sales (MU) Revenue (Rs. bn) 10350 10390 79 79 9446 9549 74 69 8733 9034 62 8443 8651 56 54 48 FY`12 FY`13 FY`14 Including power export FY`15 FY`16 FY`17 FY`18 FY`19 II FY`12 FY`13 FY`14 FY`15 FY`16 Financial nos. from FY’16 compiled under IND
Slide 20: CESC Standalone Financials
~~ RP- Sanjiv Goenka , ~ Group CESC Standalone Financials PBT (Rs. Bn) Long Term Debt / Equity Ratio 11.94 0.8 0.7 10.46 10.99 11.02 0.7 0.6 0.6 0.6 0.6 8.25 8.83 0.6 7.73 0.5 0.5 0.5 6.93 0.5 0.4 0.3 0.2 0.1 0.0 FY`12 FY`13 FY`14 FY`15 FY`16 FY`17 FY`18 FY`19 FY`12 FY`13 FY`14 FY`15 FY`16 FY`17 FY`
Slide 21: Noida Power Company Limited
RP- Sanjlv Goenka Group Noida Power Company Limited JV with Power Procurement Distribution Area Greater Noida Started operations Dhariwal Greater Noida in Industrial December 1993 Infrastructure/ Short Uttar Pradesh Development Term/ Renewables Authority Area 335 sq.km. Population No. of consumers P
Slide 22: ~~ RP- Sanjiv Goenka
~~ RP- Sanjiv Goenka , ~ Group 21
Slide 23: Distribution Franchisee-Kota, Bharatpur and Bikaner
~ ~ RP- Sanjiv Goenka --,~ Group Distribution Franchisee-Kota, Bharatpur and Bikaner t CESC ~'1f~ 7r l . I M I T E O c..,.,,., u............. ' I Particulars Kota Bharatpur Bikaner ' Area (Sq. Km.) 176 50 155 RAJASTHAN I .~AN~ NU~ ,,. ' Population (Nos. Lakh) 11.76 2.52 6.44 Bl Consumer Count (Nos.
Slide 24: Key Interventions after Takeover
~~ RP- Sanjiv Goenka , ~ Group Key Interventions after Takeover Soft value enhancement for Loss Reduction Initiatives Network Reliability customers • Defective meters replaced • Centralized Command Station • New connection within a day • Regular billing for consumers • Diesel Gen Sets on stand-by fo
Slide 25: CESC Distribution - Malegaon
RP- Sanjiv Goenka Group CESC Distribution – Malegaon Mumbai- Malegaon 270 Kms Distribution Area Start of operations Concession Period Power Procurement Malegaon in (expected soon) 20 Years MSEDCL Maharashtra Area No. of consumers Energy Input Energy Billed 25 sq.km. 1 lakh 900 MUs 497 MUs Nashik- Ma
Slide 26: Generation Overview
~~ RP- Sanjiv Goenka , ~ Group Generation Overview PLF Generation Capacity 2539 MW Plant Capacity FY’19 Offtake Arrangement Fuel Security • CIL Linkage BBGS 750 MW 92 • Coal Mine • E-auction Integrated generation for SGS 135 MW 28 Kolkata Distribution • CIL Linkage Nipaniya TGS 240 MW - • CIL Linkag
Slide 27: Power Generation - Integrated with Kolkata Distribution
, ~ Group Power Generation – Integrated with Kolkata Distribution ~~ RP- Sanjiv Goenka Stations Budge Budge- BBGS Assured Post Tax (3x250MW) Cumulative Capacity Equity Return Southern- SGS 1125MW 15.5% on (2x67.5MW) Normative Equity Titagarh- TGS I (4x60MW) 1985 1990 4 X 60 MW TGS commissioned 2 X 6
Slide 28: 600 MW Haldia Thermal Power Project, West Bengal
RP- Sanjiv Goenka Group 600 MW Haldia Thermal Power Project, West Bengal CESC LIMITED • 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 Agreement with Mahanadi Coalfie
Slide 29: 600 MW Chandrapur Thermal Power Project, Maharashtra
~~ RP- Sanjiv Goenka r r ~ Group 600 MW Chandrapur Thermal Power Project, Maharashtra • 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 • Fuel Supply Agreement with South Eastern Coal F
Slide 30: Crescent Power
~~ RP- Sanjiv Goenka , ~ Group Crescent Power • 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 Transmission Utility Grid S
Slide 31: Renewables - Current Operations
Renewables - Current Operations It RP-Sanjiv, Company Logo CESC LIMITED Group Operational (174 MW) Jaisalmer 24 MW Wind Rojmal Nipaniya 70 MW Wind 36 MW Wind Mahidad 26 MW Wind Ramnad 18MW Solar 30 30
Slide 32: Renewables
Renewables RP - Sanjiv Goenka Group 0 One of the best portfolios in terms of tariff and returns 0 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 Capacity Project Plant Type PPA with Type of Power Sale COD MW Da
Slide 33: Thank You
~~ RP- Sanjiv Goenka , ~ Group THANK YOU 32
CESC — Investors' Conference, Singapore (November 2019) on 6ix