Anzen India Energy Yield Plus Trust Units · NSE:ANZEN

Anzen India Energy Yield Plus Trust Units — H1 FY2024 Earnings Presentation

17 slides from Anzen India Energy Yield Plus Trust Units's earnings presentation, December 2023

  1. Slide 1: Anzen India Energy Yield Plus Trust Half-Yearly Presentation H1-FY2024

    Anzen India Energy Yield Plus Trust Half-Yearly Presentation H1-FY2024

  2. Slide 2: Safe Harbour

    Safe Harbour This presentation ("Presentation”) is prepared and issued by Edelweiss Real Assets Managers Limited (the “Investment Manager”) on behalf of and in its capacity as the investment manager to Anzen India Energy Yield Plus Trust (“Anzen InvIT” or “InvIT”) for general information purposes on

  3. Slide 3: Our Vision

    Our Vision To Become The Most Trusted And Valued Investment Platform Enabling India’s Energy Transition Stable Sustainable Growth  Focus on operating, revenue  Long Term Contracts  DPU Accretive Acquisitions generating mature assets  Efficient Asset Management  Drive capital efficiency  Credit

  4. Slide 4: Anzen Trust: At a Glance

    Anzen Trust: At a Glance Rs 23 bn Rs 9.8 ~29 years FY24 DPU Guidance AUM Cumulative DPU#: Rs. 8.56 Residual Contract Period 8.14% AAA ~28% Average Cost of Debt Rating by Crisil, India Ratings Net Debt/AUM Key Unit Holders Key Debenture Holders • Axis Bank • Larsen & Toubro • Federal Bank • Azim Prem

  5. Slide 5: Portfolio Overview

    Portfolio Overview Transmission assets Presence across 7 states in India  2 ISTS* transmission projects : ~855 ckms  1168 Towers and 2 substations (1400 MVA)  Build Own Operate Maintain basis – perpetual ownership  Revenue linked to availability Punjab & Haryana (71 MWdc) (578 ckms)  Transmissi

  6. Slide 6: Financial Performance Highlight H1 FY24

    Financial Performance Highlight H1 FY24 (In Rs. Mn) Revenue 1000 750 628 633 635 500 371 Revenue EBITDA 250 0 Q3FY23* Q4FY23 Q1FY24 Q2FY24 Rs. 1,268 Mn Rs. 1,124 Mn (In Rs. Mn) EBITDA 1000 750 532 557 567 500 320 250 0 Q3FY23* Q4FY23 Q1FY24 Q2FY24 (In Rs. Mn) Distribution 1000 Distribution Net Debt

  7. Slide 7: Operational Performance Highlights H1 FY24

    Operational Performance Highlights H1 FY24 Availability Health, Safety & Environment (HSE) : H1 FY24 100.0% 99.98% 99.94% 99.86% 100.00% 99.92% 99.89% 99.58% 99.5% 99.15% 99.0% 98.5% 98.0% FY23 Q1 FY24 Q2 FY24 H1 FY24 # DMTCL NRSS Q1-FY2024 DMTCL availability impacted due to replacement of 132kV bus

  8. Slide 8: Distribution to Unit Holders

    Distribution to Unit Holders Repayment Other Interest Total# Total Distribution Period of Debt Income Record Date Distribution Date (Rs per Unit) (Rs per Unit) (in Rs. Mn) (Rs per Unit) (Rs per Unit) Q3 FY23* 0.72 0.44 0.08 1.24 195.9 February 21, 2023 February 27, 2023 Q4 FY23 2.35 0.04 0.03 2.42 3

  9. Slide 9: Industry Update

    Industry Update Energy Demand (bn units)* Installed Capacity (GW)* 400 BU 240 GW 229 450 GW 416 422 425 224 380 BU 60 61 61 220 GW 125 130 132 360 BU 200 250 GW 25 25 26 200 GW 340 BU 205 206 207 320 BU 180 GW 50 GW Q2 FY23 Q1 FY24 Q2 FY24 Q4 FY23 Q1 FY24 Q2 FY24 Generation in Billion Units Peak in

  10. Slide 10: Focus on Sustainable Growth through Multiple Levers

    Focus on Sustainable Growth through Multiple Levers Value Accretive Growth  Growth visibility from ROFO assets  Leveraging sectoral tailwinds  Focus on acquiring assets with similar risk profiles Diversified Portfolio  Sectors : transmission, solar, hybrid, storage  Credit worthy off-takers  G

  11. Slide 11: Annexures

    Annexures

  12. Slide 12: Structure

    Structure EIYP : 59.4% Institutional Investors/Others: 25.6% Sponsor (15%) Sekura Energy Pvt. Ltd Other Unit Holders (85%) Trustee Services Investment Management Services Trustee: Investment Manager: Axis Trustee Edelweiss Real Assets Managers Limited (100%) (100%) Project Management ROFO Services P

  13. Slide 13: Strong Leadership Team – Multidisciplinary Board

    Strong Leadership Team – Multidisciplinary Board Mr. Venkat Ramaswamy Mr. Sunil Mitra Mr. Shiva Kumar Ms. Bala C Deshpande Non-Executive Director Independent Director Independent Director Independent Director  Founding member of  35+ years career in  40+ years of experience  32+ years of experie

  14. Slide 14: Transmission Assets

    Transmission Assets Particulars DMTCL NRSS Entity Name Darbhanga-Motihari Transmission Company Limited NRSS XXXI (B) Transmission Limited Location Bihar Punjab & Haryana Circuit kms ~277 ~578  PGCIL Pooling mechanism  PGCIL Pooling mechanism Collection mechanism & counter party  LTTC – Bihar Stat

  15. Slide 15: ROFO Solar Assets

    ROFO Solar Assets Tender DC Power AC Power PPA term Residual Project Company State Tariff (Rs/kWh) COD Policy# (MWdc) (MWac) (yrs) term (yrs)* 280.0 200.0 2 June 2019 Solairepro Urja Pvt. Ltd NTPC AP 3.15 25 ~20.7 70.0 50.0 9 Mar 2020 Enviro Solaire Pvt. Ltd SECI 101.0 75.0 UP 4.43 10 Apr 2018 25 ~1

  16. Slide 16: Glossary

    Glossary DPU Distribution per Unit ISTS Inter State Transmission System EIYP Edelweiss Infrastructure Yield Plus Fund NRSS XXXI B NRSS XXXI (B) Transmission Limited DMTCL Darbhanga-Motihari Transmission Company Limited LTTC Long Term Transmission Customers NTPC National Thermal Power Corporation SEC

  17. Slide 17: Thank You

    Thank You 17

Anzen India Energy Yield Plus Trust — H1 FY2024 Earnings Presentation on 6ix