Slide 1: Exchange filing cover letter on results presentation
फोन/Phone: 0129-2278018 संदभ सं./Ref. No. NH/CS/199 Manager/ मैनेजर, General Manager/ महापर्बंधक, Listing Department/ िलिस्टंग िवभाग, Listing Department/ िलिस्टंग िवभाग, M/s BSE Limited/ बीएसई िलिमटेड, M/s National Stock Exchange of India Limited/ Phiroze Jeejeebhoy Towers, Dalal Street/ िफरोज नेशनल
Slide 2: Investor Presentation Financial Year 23-24: September 2023
Clean Power For Every Home INVESTOR PRESENTATION FINANCIAL YEAR 23-24 : September 2023 Salal Power Station, J&K
Slide 3: Presentation Outline
Presentation Outline 2 NHPC Today Financial Highlights Financial Ratios Projects at a Glance Projects under Pipeline & New Initiatives Our Vision: To be a global leading organization for sustainable development of clean power through competent, responsible and innovative values.
Slide 4: NHPC Today
NHPC-Today 3 Subansiri Lower Project Teesta V, Sikkim NHPC-Energising India With Hydropower
Slide 5: Physical Snapshot
PHYSICAL SNAPSHOT 4 Ratle Kwar Kishanganga Chutak Installed • Incorporated in 1975 with authorised capital of Rs. 200 crore, Uri II Uri I Nimoo Bazgo Kiru the present authorised capital is Rs.15000 crore (Paid Up Pakal Dul Capacity Salal J&K Dulhasti Capital Rs.10,045 crore) Baira Siul Sewa II Chame
Slide 6: Physical Snapshot
PHYSICAL SNAPSHOT Power Stations under Operation-22 Nos. 5 (5551 MW*) Hydro Power is 11% (46850 MW) of Installed Power Stations with Subsidiary - 3 Nos. (1546 All India Installed Capacity (425406 MW#) . Capacity MW**) Total Operational Projects – 25 Nos. (7097 MW) NHPC Contribution is 15% of I
Slide 7: NHPC's Track Record – A Ten Year Digest
NHPC ‘s Track Record – A Ten Year Digest 6 Standalone Generation (in M.U.) Actual H1 FY’24 Actual H1 FY’23 Installed Capacity 24410 26126 24235 24494 24619 23683 23275 22973 22038 •Country •Country 18386 Generation Generation 898 BU 846 BU Under Construction •Share of Hydro •Share of Hydro Power Pow
Slide 8: Financial Highlights
7 Financial Highlights Sewa II, UT of J&K Chamera I, Himachal Clean Power For Every Home
Slide 9: Financial Highlights: Standalone
Financial Highlights : Standalone Particulars Half FY’24 Qtr-2 Half FY’23 Qtr-2 Full Year % Change Half Qtr-2 8 Rs. In Crore Year Year Year Revenue & Expenditure-Analysis Revenue from Operation 5056.35 2485.39 5,326.71 2836.21 9316.34 -5.08 -12.37 Revenue H1 FY’24 Expenditure H1 FY’24 Other Income E
Slide 10: Statement of Assets & Liabilities
Statement of Assets & Liabilities Rs. In Crore Equity and Liabilities H1 FY’24 FY’23 9 Share Holder’s Funds 37490.22 35407.96 Long Term Borrowings 24409.71 25254.69 Long Term Lease Liabilities 19.51 11.70 Deferred Tax Liabilities 1470.94 1937.34 Other Long term Liabilities & Provisions 4347.35 4138.
Slide 11: Debtors Position
Debtors Position Rs. In Crore Total Debtors (in Crs.) 10 S. N. Particulars As on As on As on As on As on 30.09.2023 30.06.2023 31.03.2023 31.12.2022 30.09.2022 1 Trade Receivables 5970 6736 5887 5819 5854 (including (including (including (including (including unbilled debtors unbilled debtors unbill
Slide 12: Incentives Position
Incentives Position 11 Comparative Incentive YoY (in Crs.) Rs. In Crore Sl. Particulars FY23-24 FY22-23 Q-1 Q-2 Q-3 Q-4 Total Q-1 Q-2 Q-3 Q-4 Total 1 Secondary 0.00 5.64 5.64 0.00 0.00 13.61 109.65 123.26 Energy 2 Incentives 0.00 0.00 0.00 171.44 181.22 92.15 (39.65) 405.16 3 Deviation 11.52 9.59 21
Slide 13: Key Financials: H1 FY'24
Key Financials : H1 FY’24 P&L Standalone Balance Sheet Standalone 12 Rs. In Crore Total Income 5464 Share Capital 10045 EBITDA 3206 Net worth 37490 EBITDA Margin 59% Long Term Debt 24410 PAT 2500 Cash & Bank Bal. 1013 Profit Margin 46% Gross Block 40333 Dividend Pay Out (FY‘23) Rs. 1.85 Per Share/ 4
Slide 14: NHPC – Key Ratios
NHPC – Key Ratios S. No. Particulars H1 FY’24 FY’23 13 Particulars Standalone Consolidated Standalone Consolidated 1. PAT (Rs. in Cr.) 2,500.05 2582.71 3833.79 3889.98 2. Net-worth (Rs. in Cr.) 37490.22 39065.14 35407.96 36899.34 3. No. of Equity Shares (In Cr.) 1004.50 1004.50 1004.50 1004.50 4. EP
Slide 15: NHDC Ltd. (Subsidiary) – Snapshots: FY 22-23
NHDC Ltd. (Subsidiary) – Snapshots : FY 22-23 Shareholding Pattern : 51:49 (NHPC : GoMP) 14 Physical Performance Installed Capacity : 1520 MW 6,000 94.32% 94.82% 92.74% 5,444 98% 4,110 97.42% 5,000 4,236 2,645 96% 4,000 93.89% Design Energy : 2159.72 MUs 3,000 94% 1,921 2,000 92% 1,000 Generation :
Slide 16: NHDC Ltd. – Financial Highlights: H1 FY 23-24
NHDC Ltd. – Financial Highlights : H1 FY 23-24 15 Rs. In Crore FY’24 FY’23 % Change Particulars Half Year Qtr-2 Half Year Qtr-2 Full Year Half Year Qtr-2 Actual Generation (in 2858 2399 3188 2715 5444 -10.35 -11.64 MU) Actual PAF (in %) 94.79 102.47 91.59 101.15 97.42 3.49 1.30 Revenue from Operatio
Slide 17: NHPC – Capacity Addition & Regulated Equity (Hydro)
NHPC – Capacity Addition & Regulated Equity (Hydro) Progressive Capacity Addition 16 Progressive Regulated Equity 25000 22592 Cap. Add. 25-26/ 8251 MW Cuml. Cap. 2000 20000 16218 Subansiri Lower : 2000 MW 15000 12866 Cap.Add. 24-25/ 6251 MW Cuml. Cap. 800 MW 10000 6374 Parbati II : 800 MW 5000 3319
Slide 18: NHPC – CAPEX
NHPC – CAPEX F.Y Amount (Rs. In Remarks 17 Crore) 2015-16 2793 (Actual) 2016-17 2438 (Actual) 2017-18 2722 (Actual) 2018-19 2213 (Actual) 2019-20 4155 (Actual) 2020-21 3568 (Actual) 2021-22 5166 (Actual) 2022-23 6961 (Actual – Consolidated) 2023-24 10857 (Consolidated Target)
Slide 19: NHPC – Major Highlights during the period
NHPC – Major Highlights during the period 18 Government of Arunachal Pradesh has conveyed its approval on 21.07.2023 for allotment of two projects i.e. 2000 MW Subansiri Upper Hydroelectric Project and 1800 MW Kamala Hydroelectric Project to NHPC. MoA with the Govt. of Arunachal Pradesh has been s
Slide 20: NHPC Projects At A Glance
19 NHPC Projects At A Glance NHPC-Energising India With Hydropower
Slide 21: Hydro Projects Under Construction (Standalone)
NHPC: Hydro Projects Under Construction Standalone 20 Provisional Installed Design CCEA Estimated Anticipated Project Expected Type of the NHPC Project Capacity Energy Cost (Rs. Crore) Project Cost (Rs. Expenditure Commissioning project (MW) (MU) (Price Level) Crore) till –Sep’23 Schedule (Rs. Crore
Slide 22: Hydro Projects Under Construction (Subsidiary)
NHPC: Hydro Projects Under Construction Subsidiary 21 CCEA Provisional Installed Design Estimated Anticipated Project Expected Type of the NHPC Project Capacity Energy Cost (Rs. Project Cost Expenditure till Commissioning project (MW) (MU) Crore) (Price (Rs. Crore) – Sep’23 (Rs. Schedule Level) Cror
Slide 23: Solar Project Under Construction (Standalone)
NHPC: Solar Project Under Construction Standalone 22 Estimated Expected Capacity Tariff S.No Name of Project Capital cost Commissioning Status of PPA (MW) (Rs./unit) (in Crs.) Schedule 1 600 MW Grid Connected Solar Power 600 4295.63 2024-25 2.45 Power Usage Agreement Project under CPSU Scheme, Gujar
Slide 24: Solar Project Under Construction (Subsidiary)
NHPC: Solar Project Under Construction Project Under Construction-Subsidiary 23 Estimated Expected Tentative Capacity Capital cost S.No Name of Project Commissioning Tariff Status of PPA (MW) (in Crs.) Schedule (Rs./unit) 1 Solar Power Project, Kalpi 39 312.00 2023-24 2.68 Power Purchase (UP) (Subsi
Slide 25: Solar Project Under Construction (Intermediary Procurer)
NHPC: Solar Project Under Construction Standalone (As Intermediary Procurer) 24 Estimated Capacity Capital cost S.No Name of Project Expected Commissioning Schedule Tariff (Rs./unit) Status of PPA (MW) (in Crs.) 1 Projects through 2000 0.00 2023-24 / 2024-25 2.55 PPA and PSA Solar Power (Out of 2000
Slide 26: Projects under Pipeline
25 Projects under Pipeline Hydro Power Solar Energy Clean Power For EVERY HOME
Slide 27: Solar Projects under Tender and Pipeline: Standalone
NHPC: Solar Projects under Tender and pipeline A. Standalone (Ownership Based) 26 (a) Tender Stage Estimated Expected Tentative Capacity S.No Name of Project Capital cost Commissioning Tariff Status of PPA (MW) (in Crs.) Schedule (Rs./unit) 1 Floating Solar Kerala (50MW), West 50 326.00 2024-25 4.30
Slide 28: Solar Projects under Tender and Pipeline: Subsidiary/JV
NHPC: Solar Projects under Tender and pipeline B. Subsidiary/JV Mode 27 (a) Tender Stage Estimated Expected Tentative Capacity S.No Name of Project Capital cost Commissioning Tariff Status of PPA (MW) (in Crs.) Schedule (Rs./unit) 1 300 MW Floating Solar Project at Rengali 300 2250.00 2025-26 5.00 P
Slide 29: Solar Projects under Tender and Pipeline: Intermediary Procurer
NHPC: Solar Projects under Tender and pipeline Standalone (As Intermediary Procurer) 28 (a) Tender Stage Estimated Expected Tentative Capacity Capital S.No Name of Project Commissioni Tariff Status of PPA (MW) cost ng Schedule (Rs./unit) (in Crs.) 1 Bidding Trajectory for 10 GW Renewable 3000 (Solar
Slide 30: Hydro Projects Under Clearance: Standalone
NHPC: Hydro Projects Under Clearance Standalone Installed Design Cost 29 S. Projects Capacity Energy (In Crore) Status N. (MW) (MUs) & PL 1 Teesta- 520 2252 6113 • All statutory clearances have been received except forest clearance (stage-II). Approval IV (Apr’21) for pre-investment activities recei
Slide 31: Hydro Projects Under Clearance: Standalone
NHPC: Hydro Projects Under Clearance Standalone 30 Installed Design Cost S.No. Projects Capacity Energy (In Crore) Status (MW) (MUs) & PL 3 Sawalkot 1856 7995 22704.80 • The project shall be executed by NHPC on BOOT basis for the period of 40 years. (6x225+1x56) (Completion) • NHPC has taken over th
Slide 32: Hydro Project Under Clearance: Subsidiary
Hydro Project Under Clearance Subsidiary 31 Installed Design Cost (In Cr.) & S.No Projects Status Capacity (MW) Energy (MUs) PL 1 Kirthai-II 930 3330 6384 • MOU has been signed between NHPC Ltd. and JKSPDCL on (6x140 + 2x35 + (Feb’20) 03.01.2021. 2x10) UT of J&K • The project shall be executed by M/
Slide 33: Hydro Project Under Clearance: Subsidiary
NHPC: Hydro Project Under Clearance Subsidiary 32 Installed Design Energy Cost S.No Projects Capacity Status (MUs) (In Cr.) & PL (MW) 2 Loktak D/S 66 333.76 1311 All statutory clearances of project except CCEA are available. (2x33) (Jul 20) PPA signed between Govt. of Manipur and LDHCL on 31.08.
Slide 34: Hydro Projects Under Survey & Investigation
NHPC: Hydro Projects Under Survey & Investigation S. Projects State Installed Capacity Status 33 No. (MW) Projects Under FR/DPR Preparation 1 Garba Uttarakhand 630 • Cost of project is Rs. 5389.46 crore at Mar’ 2022 PL with Levellised Tariff Rs. 4.29 /unit. Tawaghat (3x210) • Implementation of the p
Slide 35: Hydro Projects Under Survey & Investigation
NHPC: Hydro Projects Under Survey & Investigation 34 Installed S. No. Projects State Capacity Status (MW) Projects Under FR/DPR Preparation 2 Dulhasti Stage-II UT of Jammu & 260 • MOU has been signed between NHPC Ltd. and JKSPDCL on 03.01.2021. (2x130) Kashmir • The project shall be executed by NHPC
Slide 36: Hydro Projects Under Survey & Investigation
NHPC: Hydro Projects Under Survey & Investigation 35 Installed S. No. Projects State Capacity Status (MW) Projects Under PFR/DPR Preparation 3 Subansiri Upper Arunachal 2000 • Government of Arunachal Pradesh has conveyed its approval on 21.07.2023 for Pradesh allotment of the Project to NHPC. • MoA
Slide 37: New Initiatives: Pumped Storage Schemes
36 New Initiatives Pumped Storage Schemes Green Power, Clean Power
Slide 38: New Initiatives: Pump Storage – Maharashtra
New Initiatives Pump Storage Project Scheme 37 (1) Maharashtra Installed Capacity S.No Name/Place of PSP Present Status (MW) 1 Kengadi 1550 MoU for the development of Pumped Storage Projects 2 Jalond 2400 along with RE sources in the state of Maharashtra has been signed with Department of Energy,
Slide 39: New Initiatives: Pump Storage – Andhra Pradesh
New Initiatives Pump Storage Project Scheme 38 (2) Andhra Pradesh (under JV mode with APGENCO) Installed Capacity S.No Name/Place of PSP Present Status (MW) 1 Kamalapadu 950 NHPC and Department of Energy, Govt. of Andhra Pradesh signed an MoU on 04.03.2023 for investment for development of 2000 MW
Slide 40: New Initiatives: Pump Storage – Madhya Pradesh
New Initiatives Pump Storage Project Scheme 39 (3) Madhya Pradesh S.No Name/Place of PSP Installed Capacity (MW) Present Status 1 Indrasagar-Omkareswar 525 Govt of M.P. vide letter dated 07.06.2023 allotted the PSP site for implementation. 1st consultation meeting for preparation of DPR was held
Slide 41: New Initiatives: Pump Storage – Odisha
New Initiatives Pump Storage Project Scheme 40 (4) Odisha S.No Name/Place of PSP Installed Capacity (MW) Present Status 1 Self Identification 2000 MoU has been signed between NHPC Limited and Govt. of Odisha through GRIDCO Limited for “Development of Pumped Storage Projects (PSPs) in the State of
Slide 42: New Initiatives: Pump Storage – Gujarat
New Initiatives Pump Storage Project Scheme 41 (5) Gujarat Name/Place of S.No Installed Capacity (MW) Present Status PSP 1 07 nos. identified 4000 NHPC is under discussion with Government of Gujarat for pumped storage development of 07 nos. Pumped Storage Projects schemes in aggregating to 4000 MW
Slide 43: New Initiatives: Pump Storage – Tripura
New Initiatives Pump Storage Project Scheme 42 (6) Tripura Name/Place of S.No Installed Capacity (MW) Present Status PSP 1 05 nos. identified 4000 NHPC is under discussion with Government of Tripura for pumped storage allotment of PSPs sites to NHPC for carrying out suitable schemes in analysis, s
Slide 44: Standalone Projects in Operation: Hydro
NHPC: Standalone Projects in Operation Hydro 43 Installed Tariff (22- Design Year of Capital Cost as S. No NHPC Project & State/UT Capacity 23) (Rs. Type of the project Energy (MU) comm. on 31.03.23 (MW) /Kwh) 1 Baira Siul, (3x60) 180 708.59 1981 (Sep) 308.41 2.65 Run of River (ROR) with small Himac
Slide 45: Standalone Projects in Operation: Hydro
NHPC: Standalone Projects in Operation Hydro 44 Installed Design Year of Capital Cost as Tariff (22-23) S.No. NHPC Project Capacity Energy Type of the project Comm. on 31.03.23 (Rs. /Kwh) (MW) (MU) 11 Teesta-V, (3x170) 510 2573 2008 (Mar) 2802.53 2.84* ROR with small pondage Sikkim 12 Sewa-II, (3x40
Slide 46: Standalone Projects in Operation: Renewable Energy
NHPC: Standalone Projects in Operation Renewable Energy 45 Installed Design Year of Capital Cost as Tariff 22-23 S.No Project Capacity Energy Place of Project Comm. on 31.03.2023 (Rs./unit) (MW) (MU) 1 Wind Power 50 94.25 2016 330.40 3.67 Lakhmana, Jaisalmer 2 Solar Power 50 105.96 2018 290.59 4.41
Slide 47: Subsidiary Projects in Operation
NHPC: Subsidiary Projects in Operation Hydro 46 Installed Design Energy Year of Capital Cost as Tariff 22-23 Type of the S.No Project Capacity (MU) Comm. on 31.03.2023 (Rs./Kwh) project (MW) 1 Indrasagar, (8x125) Madhya 1000 1423.26 2005 5326.43 3.80 Storage Pradesh 2 Omkareshwar, (8x65) 520 736.46
Slide 48: NHPC-Energising India With Hydropower
47 NHPC-Energising India With Hydropower