Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — Q3 FY2024-25 Earnings Presentation
32 slides from Power Grid Corporation Of India's earnings presentation, Feb 5, 2025
Slide 1: Cover letter to stock exchanges
Dt: 05th February, 2025 To To The General Manager (Listing) The General Manager (Listing) National Stock Exchange of India Limited BSE Limited Exchange Plaza, C 1/G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Mumbai. Bandra (East), Mumbai. Reference: NSE-SCRIP ID: POWERGRID
Slide 2: Q3 FY 2024-25 Investor Presentation
Q3 FY 2024-25 Investor Presentation (February 05, 2025)
Slide 3: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: ▪ This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 4: Agenda
Agenda Overview Major Highlights Performance Highlights Growth Outlook Sustainability & Awards 3
Slide 5: Group Overview: India's Flagship Power Transmission Utility
Group Overview India’s Flagship Power Transmission Utility International* Credit Rating Net Profit : 1st rank# BBB- (Outlook: Positive) Dividend Declared: 1st rank# BBB- (Outlook: Stable) Baa3 (Outlook: Stable) Gross Block: 2nd rank# Domestic Credit Rating Net Worth: 2nd rank# AAA (Highest Safety) A
Slide 6: Transmission Overview
Transmission Overview Strengthening the grid to meet the demands of today and tomorrow Transmission Lines Sub-Stations IR capacity System Availability 1,518 nos. 280 nos.# 99,580 MW 1,79,594 ckm 5,52,961 MVA 84% of total IR 99.81%* ~ 84% Inter State Transmission System owned by POWERGRID 18 63 168 2
Slide 7: Major Highlights
Major Highlights Emerged L1 bidder in 07 ISTS TBCB projects during Q3FY25 Levelized Tariff: ₹2,077.58 Cr. 1 TS for evacuation of power from Rajasthan REZ Ph IV 2 TS for evacuation of power from Rajasthan REZ PhIV 3 TS under ISTS for evacuation of power from (Part 3: 6GW) (Bikaner (Part 3: 6GW) (Bika
Slide 8: Asset Management Highlights
Asset Management Highlights ➢ Implementation of Dynamic Line Loading (DLL) is being carried out in 400 kV D/c Madurai -Tuticorin line ➢ DLL is the ability to vary the capacity of an overhead line in real time based on varying climatic conditions (Temperature, Radiation, Wind speed and direction) ➢ A
Slide 9: Other Highlights (1/2)
Other Highlights (1/2) POWERGRID secures its First Green Loan Green Loan Agreement of US$200 million* signed with Sumitomo Mitsui Banking Corporation (SMBC) for funding RE project(s) of POWERGRID * Greenshoe Option of US$150 million 8
Slide 10: Other Highlights (2/2)
Other Highlights (2/2) Collaboration with EPRI, USA POWERGRID has been granted patent by the India Patent Office for ‘System and ➢ POWERGRID signed a transformative 10-year 'Master method for health assessment of Agreement' with EPRI, USA, a non-profit energy transformers / reactors’ research and de
Slide 11: Performance Highlights
Performance Highlights Project Execution Operational Performance Financial Performance Other Businesses Commercial Performance 10
Slide 12: Elements Commissioned
Elements Commissioned 1,399 ckm Transmission Line and 9,185 MVA Transformation Capacity added during the quarter 2 nos. 765/400kV 1500 MVA ICTs at Sikar-II Substation • 765kV Sikar-II Aligarh Ckt # 1&2 Ckm added during the MVA added during the 765/400kV 1500 MVA ICT-III at Banaskantha Substation • 7
Slide 13: Project Execution
Project Execution Financial Performance – Q1FY21 Capex Capitalization* 7,423 (₹ in crore) 17,651 (₹ in crore) 5,780 3,417 7,649 7,690 5,387 2,320 2,381 4,615 1,686 1,784 1,615 3,444 2,740 1,506 Q1 Q2 Q3 9M Q1 Q2 Q3 9M FY24 FY25 FY24 FY25 Consolidated Consolidated * Exclusive of FERV * Includes asset
Slide 14: Operational Performance (Upto end of Q3FY25)
Operational Performance (Upto end of Q3FY25) Availability Reliability (Tripping per line) 99.86% 99.81% 99.75%* 0.24 0.22 9MFY24 9MFY25 9MFY24 9MFY25 * Full incentive capped at 99.75% 13
Slide 15: Financial Performance (Q3FY25)
Financial Performance (Q3FY25) Standalone Consolidated (₹ in crore) (₹ in crore) 11,609 11,820 11,743 11,468 3,970 3,894 4,028 3,862 Income PAT Income PAT Q3FY24 Q3FY25 Q3FY24 Q3FY25 14
Slide 16: Financial Performance (9MFY25)
Financial Performance (9MFY25) Standalone Consolidated (₹ in crore) (₹ in crore) 34,608 34,869 33,562 33,843 11,347 * 11,017 11,407 11,379 Income PAT Income PAT 9MFY24 9MFY25 9MFY24 9MFY25 15 * PAT including discontinued operation
Slide 17: Financial Performance (Consolidated)
Financial Performance – Q1FY21 Financial Performance (Consolidated) Growth Growth Description Q3FY25 Q3FY24 9MFY25 9MFY24 (%) (%) Income - Transmission Charges 10,825 11,233 (4) 32,368 32,900 (2) - Consultancy Services 172 116 48 427 371 15 - Telecom 236 201 17 722 594 22 CONSOLIDATED - Other Income
Slide 18: Financial Performance (Standalone)
Financial Performance – Q1FY21 Financial Performance (Standalone) Growth Growth Description Q3FY25 Q3FY24 9MFY25 9MFY24 (%) (%) Income - Transmission Charges 9,976 10,571 (6) 30,092 30,983 (3) - Consultancy Services 144 106 36 357 358 - - Other Income 1,489 791 88 3,394 2,221 53 STANDALONE Total Inc
Slide 19: Financial Performance
Financial Highlights –Q1FY21 (Standalone) Financial Performance (₹ in crore, unless stated otherwise) Description Standalone Consolidated As on 31.12.24 As on 31.12.23 As on 31.12.24 As on 31.12.23 Gross Fixed Assets$ (₹ in crore) 2,63,087 2,58,715 2,88,801 2,78,163 Capital Work-in-Progress# (₹ in c
Slide 20: Other Key Financial Information
Other Key Financial Information Description Q3FY25 Q3FY24 Income for previous periods (Consol.) 63 237 Int. on differential tariff* 102 184 Int. from Subsidiaries & JVs* 560 371 Average Cost of Incentive (Consol.) 150 151 Borrowing# Dividend from JVs* 3 1 7.54% in Q3FY25 Dividend from Subsidiaries*
Slide 21: Telecom Subsidiary - POWERGRID Teleservices Ltd. (Q3FY25)
Telecom Subsidiary- POWERGRID Teleservices Ltd. (Q3FY25) Income# New Customers HIGHLIGHTS 12 Nos. added in Q3FY25 ₹236 Cr. (In Q3FY25) Backbone ₹594 Cr. 22% ₹722 Cr. Availability 100% (9MFY24) (9MFY25) # On consolidated basis International Long- Government of Meghalaya Land for Disaster Recovery Dis
Slide 22: Commercial Performance (Apr'24 - Dec'24)
Commercial Performance (Apr’24 - Dec’24) Outstanding dues (at end of Qtr) (in ₹ crore) Billing ₹27,989 crore 6,633 2,029 4,735 4,380 Realization 34.00* 2,029 2,082 ₹28,404 crore 26.03* 4,181 22.58* 2,706 2,298 % Realization 101.48% Q3FY24 Q2FY25 Q3FY25 o/s > 45 days o/s < 45 days *Receivable (days b
Slide 23: Growth Outlook
Growth Outlook Sectoral Outlook Works in Hand Capex Plan 22
Slide 24: Sectoral Outlook
Sectoral Outlook Growth Drivers H2 India to be a 5 Non-fossil capacity Green Hydrogen Energy Storage International Trillion USD by 2030 Mission Interconnection economy. Rapid 500 GW Installed ~125 GW for BESS (47GW), One Sun One World Industrialization, capacity producing Green H2 Pumped hydro One G
Slide 25: NEP Capex Summary
NEP Capex Summary Description 2022-27 2027-32 Total Inter State Transmission System 2,69,150 3,91,624 6,60,774 Intra State Transmission System 1,56,072 99,296 2,55,368 Total 4,25,222 4,90,920 9,16,142 All figures in Rs. Cr. 24
Slide 26: Works in Hand
Works in Hand Building a Sustainable Energy Future Together Works in Hand# ~ ₹1,43,749 Cr. Ongoing RTM Projects New RTM Projects ₹8,333 Cr. ₹38,568 Cr. TBCB Other* ₹93,681 Cr. ₹3,168 Cr. # As on 31.01.2025 * Includes Cross-Border, Data Centre, Smart Metering, Solar Generation (Nagda) 25
Slide 27: Capex Plan
Capex Plan Leading Energy Transition for a Sustainable Future FY25 Capex Plan ₹23,000 Cr. RTM TBCB ₹3,914 Cr. ₹14,209 Cr. Other (incl. Non-DCO) ₹4,877 Cr. DCO: Direct Capital Outlay 26
Slide 28: Sustainability & Awards
Sustainability & Awards Sustainability initiatives Awards & Recognition 27
Slide 29: Sustainability initiatives
Sustainability initiatives 50% of renewable energy consumption by 2025 - Green Tariffs at our establishments in such states that offer the facility Resolution of RoW issues - Women employees actively engaging in RoW resolution Declared 400kV Yelahanka, Tughlakabad, Mariani & 220kV Chandigarh as Pink
Slide 30: Awards & Recognition (1/2)
Awards & Recognition (1/2) POWERGRID has been conferred with POWERGRID received appreciation of Director (Finance), POWERGRID conferred “World Congress on Disaster Management - support from Hon’ble Union Jal Shakti with prestigious role model recognition at Disaster Risk Reduction (WCDM-DRR) Ministe
Slide 31: Awards & Recognition (2/2)
Awards & Recognition (2/2) Dr. Sunita Chohan, POWERGRID awarded Special Jury Commendation in “FICCI with “NPSC Woman Engineer Award Appreciation plaque in “FICCI Women Women Empowerment Awards 2023-24” (Industry) -2024” for her contributions to the Empowerment Awards 2023-24” under under category “I
Slide 32: Thank You
= POWERGRID THANK YOU www.powergrid.in
Power Grid Corporation of India — Q3 FY2024-25 Earnings Presentation on 6ix