Power Grid Corporation Of India Limited · NSE:POWERGRID
Power Grid Corporation Of India — H1 FY2012-13 Earnings Presentation
44 slides from Power Grid Corporation Of India's earnings presentation, Nov 6, 2012
Slide 1: Delivering Smart Grid/ Distribution Solutions - Press & Analysts' Meet
Delivering Smart Grid/ Distribution Solutions ` Press & Analysts’ Meet 06 November, 2012
Slide 2: 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 3: Contents
Contents 30/ 31 Grid Disturbance July 2012 Q2 & H1 Financial Highlights FY12-13 Q2 & H1 Commissioning/ Capitalization Highlights FY12-13 Q2 & H1 Performance Highlights – Other Segments & Investment FY 12-13 Programme Smart Grid A Reality New Business Updates Initiatives 3 One Nation, One Grid
Slide 4: Grid Disturbance July 2012
GRID DISTURBANCE JULY 2012 4 One Nation, One Grid
Slide 5: Grid Disturbance
Grid Disturbance • Two major Grid disturbances: • 30 July 2012: Northern Grid • 31 July 2012: Northern, Eastern & North-Eastern Grids • Restoration work taken up immediately and essential services like Railways, Metro Rail, Mines and Airports restored within 3 to 4 hours. • The Government appointed
Slide 6: Grid Disturbance - Committee's Recommendations
Grid Disturbance - Committee’s Recommendations • The Committee made a number of recommendations both long-term and short- term to avoid recurrence of such incidents, such as, Review and audit of the protection systems Frequency control through generation reserves Review of present UI mechanism
Slide 7: Grid Disturbance - Actions Taken
Grid Disturbance - Actions Taken • Tightening of frequency: From 49.5Hz to 50.2Hz to 49.7Hz to 50.2Hz and; Petition filed in CERC for further tightening to 49.9Hz-50.1Hz. • Independent Third Party Audit & Inspection of Protection Systems by RPCs – about 80 % completed in Northern Region & report
Slide 8: Contents
Contents 30/ 31 July 2012 Grid Disturbance Q2 & H1 Financial Highlights FY12-13 Q2 & H1 Commissioning/ Capitalization Highlights FY12-13 Q2 & H1 Performance Highlights – Other Segments & Investment FY 12-13 Programme Smart Grid A Reality New Business Updates Initiatives 8 One Nation, One Grid
Slide 9: Financial Performance: Q2 FY12-13
Financial Performance: Q2 FY12-13 Income PAT up up in in Q2 Q2 by by 32% 59% (` in crore) Quarter ended Half year ended FY 2011-12 30.09.2012 30.09.2011 30.09.2012 30.09.2011 Income - Transmission Charges 2960 2145 5734 4246 9544 - Consultancy 68 70 128 126 290 - Telecom 58 50 112 95 201 - Other Inc
Slide 10: Financial Performance: Q2 FY 12-13
Financial Performance: Q2 FY 12-13 H1: FY13 Assets Capex No significant increase in commissioned `6766 crore ` 7177 crore Capital Work-in-Progress (` in crore) As on 31.03.2012 As on 30.06.2012 As on 30.09.2012 Gross Fixed Assets 63387 68876 72598 Capital Work-in-Progress 33275 32218 33533 Debt 5175
Slide 11: Contents
Contents 30/ 31 July 2012 Grid Disturbance Q2 &H1 Financial Highlights FY12-13 Q2 & H1 Commissioning/ Capitalization Highlights FY12-13 Q2 & H1 Performance Highlights – Other Segments & Investment FY 12-13 Programme Smart Grid A Reality New Business Updates Initiatives 11 One Nation, One Grid
Slide 12: Project Execution: H1 FY 12-13
Project Execution: H1 FY 12-13 Transmission Lines Sub-Stations X-formation Capacity (GW-ckm) (Nos.) (MVA) 8 3124 26778 2351 4 3300 H1FY12 H1FY13 H1FY12 H1FY13 H1FY12 H1FY13 GW-ckm S/S MVA Capacity FY12 • 7927 • 15 • 31475 12 One Nation, One Grid
Slide 13: Project Execution: H1 FY12-13
Project Execution: H1 FY12-13 (` in crore) Capex 20000 Commissioning 17814 Planned 14100 8750 7177 6766 7165 4611 4057 H1FY12 H1FY13 FY12 FY13 (Till H1FY12 H1FY13 FY12 FY13 (Till Date) date) 13 One Nation, One Grid
Slide 14: Major Projects to be Commissioned during balance period of FY 12-13
Major Projects to be Commissioned during balance period of FY 12-13 UMPP Generation Linked • DVC & Maithon Right Bank • Sasan • Pallatana GBPP • Mundra (Last leg) • Chamera-III HEP • Parbati-III HEP System Strengthening • In Western Region • 765kV System for National Capital Region • In Northern Reg
Slide 15: Contents
Contents 30/ 31 July 2012 Grid Disturbance Q2 & H1 Financial Highlights FY12-13 Q2 & H1 Commissioning/ Capitalization Highlights FY12-13 Q2 & H1 Performance Highlights – Other Segments FY 12-13 & Investment Programme Smart Grid A Reality New Business Updates Initiatives 15 One Nation, One Grid
Slide 16: Operations
Operations Asset Management Grid Management1 (POSOCO) Lines • 754 Nos. Consistent increase in STOA Transactions • 96,216 ckm and Inter-Regional Energy Transfer 15.30 31.76 Sub-Stations 30.01 • 158 Nos. 11.40 • 151,303 MVA • ~ 1100 Nos. Transformers & Reactors Availability 99.92% STOA (,000 Transacti
Slide 17: Operations (REC Mechanism)
Operations (REC Mechanism1) REC Mechanism: Highlights H1FY12 H1FY13 Growth Registered Capacity (MW) 900 934 4% REC Issued (Nos.) 1,96,512 20,39,254 ~10x REC Traded (` in crore) 23.31 230.91 ~ 10x Cumulative RECs traded: ` 517 crore 4.88% 0.58% 16.64% Aggregate Registered Capacity 56.93% 3151 MW 20.9
Slide 18: Telecom
Telecom Q2: New Clients Highlights 3 National Knowledge Network (NKN) • Allocation received for connectivity to additional 70 Nos. of DHQs (Value for 7 years as ~ ` 100 crore) • Total value of allocations received for NKN ~ ` 900 crore for 10 year period starting Oct, 2010. National Optic Fiber Back
Slide 19: Consultancy
Consultancy Domestic Q2 Orders Under execution • 116 Assignments • Projects worth ` 12,400 Jobs under crore (Balance Cost) consideration • 19 assignments • Projects worth ` 6300 crore 12 assignments: Govt-5 & Private-7 New Clients • 11 Nos. in Q2 19 One Nation, One Grid
Slide 20: Consultancy: International
Consultancy: International • SAARC • Consultancy Focus • Asset Geographies • Africa Focus Management • Gulf countries Footprints Businesses • EPC Existing Footprints in • JV/ Acquisition 11 countries Tajikistan Afganistan Bhutan Q2 Orders Nepal Under execution Bangladesh • 2 Nos. (Nepal & UAE • 17 A
Slide 21: Revenue Collection Efficiency
Revenue Collection Efficiency (` in crore) Outstanding as on date Monthly Billing 940 Outstanding > 60 days 478 Equivalent to Being paid in installments 162 10 days of billing Balance Outstanding > 60 days 316 Stranded Assets: Nil 21 One Nation, One Grid
Slide 22: Revenue Collection Efficiency
Revenue Collection Efficiency Methods for Rigorous follow-Up with Designated ISTS Customers pursuing better implementation (DICs) to make timely payment of Debtor Recovery Measures Regulation of Power Supply of defaulting entities as per CERC Regulations Denial of Short Term Open Access to consisten
Slide 23: Investment Programme
Investment Programme (` in crore) Grid CS Gen, Strength., 24,800 19,000 24.8% FY14-15 FY15-16 19% 20,000 20,000 UMPP, 8,700 8.7% FY13-14 FY16-17 IPP, 47,500 19,000 21,000 47.5% FY12-13 20,000 Projects/ Schemes Capital Outlay Investment Approved - ` 88,000 crore Contracts awarded for Project Cost: `
Slide 24: Funding Programme
Funding Programme Investment planned in Debt-Equity ratio of 70:30 Requirement Equity Sources ` 28,000- 30,000 cr through Domestic Market Internal Accruals • Bonds Total • Line of Credit from SBI Investment Programme of Foreign Currency • Govt. guaranteed funds from ` 100,000 IFIs like World Bank &
Slide 25: Contents
Contents 30/ 31 July 2012 Grid Disturbance Q2 & H1 Financial Highlights FY12-13 Q2 & H1 Commissioning/ Capitalization Highlights FY12-13 Q2 & H1 Performance Highlights – Other Segments & Investment FY 12-13 Programme Smart Grid A Reality New Business Updates Initiatives 25 One Nation, One Grid
Slide 26: Smart Grid – A Reality: Puducherry Pilot
Smart Grid – A Reality Puducherry Pilot Smart Grid / City Attributes • Advanced Metering Infrastructure (AMI) • Outage Management System (OMS) • Power Quality Management (PQM) • Integration of Renewables, Micro Grid • Energy Storage, Electric Vehicles AMI Functionality - Operational • Smart Meter De
Slide 27: Green Energy Corridors
Green Energy Corridors Green Energy Corridors • Green Energy Corridors Report jointly released by Hon’ble Union Minister of Power and Minister of New and Renewable Energy on 14 Sept’2012 • Investment of ` 43,000 crore envisaged in development of Green Corridors for 42GW RE Generation (` 20,600 crore
Slide 28: Contents
Contents 30/ 31 July 2012 Grid Disturbance Q2 & H1 Financial Highlights FY12-13 Q2 & H1 Commissioning/ Capitalization Highlights FY12-13 Q2 & H1 Performance Highlights – Other Segments & Investment FY 12-13 Programme Smart Grid A Reality New Business Updates Initiatives 28 One Nation, One Grid
Slide 29: New Business Initiatives
New Business Initiatives JV with Backward States Integration Distribution Energy (Wire Efficiency Business) 29 One Nation, One Grid
Slide 30: New Business Initiatives: Updates
New Business Initiatives: Updates JV with States • XII Plan - intra-State Transmission: ` 55,000 crore • Agreements with Bihar & Odisha finalized • Discussions under way with Jharkhand, UP, J&K, Haryana, Manipur Backward Integration • DPR for conductor/ tower parts manufacturing under finalization s
Slide 31: New Business Initiatives: Updates
New Business Initiatives: Updates Energy Efficiency • Utilizing existing pool of Qualified EA & EMs • Offers received for auditing Sub-stations, Steel Mills & Office Buildings Distribution (Wire Business) • Applied for Wire Business license for identified Districts in Odisha 31 One Nation, One Grid
Slide 32: Thank You
Thank You 32 One Nation, One Grid
Slide 33: Revenue Collection Efficiency
Revenue Collection Efficiency 33 One Nation, One Grid
Slide 34: Energy Efficiency – Need of Hour
Energy Efficiency Energy Efficiency – Need of Hour Coal will not last more than 120 Years Global Energy Oil will not last more than 40 Years Energy Intensity Shortage Gas will not last more than 60 Years (EI)- Energy Input per unit of GDP (kgoe/ US$) Will we allow our next generation to blame us Glo
Slide 35: Energy Efficiency
Energy Efficiency Energy Efficiency Initiatives by POWERGRID Consultancy in Energy Efficiency Development of green building Systematic Energy Audit by Experts Water and Paper Recycling Cost effective solutions for Energy Saving Payback period calculations for the investments Intend to se
Slide 36: Wire Business: Power Supply Delivery Chain
Wire Business: Power Supply Delivery Chain Supply Management Network Management (Wire Business) Consumer Management 36 One Nation, One Grid
Slide 37: Distribution (Wire Business)
Distribution (Wire Business) Wire Business Power Supply Network Customer Management Management Management • Long term power purchase to meet base load demands • Optimal operation of • New connection and • Medium and short term distribution system disconnection power purchase to meet • Loss reduction
Slide 38: Wire Business: Improvement in Distribution
Wire Business: Improvement in Distribution • “Wire business” needs to be separated from “Supply ” • System Strengthening shall be ensured with separate wire business • Enable reliable distribution network Risk Sharing and bringing commercial viability of both the segments Make Open Access in Dis
Slide 39: Smart Grid Control Center at Puducherry
Smart Grid Control Center at Puducherry 39 One Nation, One Grid
Slide 40: Location of Smart Meters Installations at Puducherry
Location of Smart Meters Installations at Puducherry 40 One Nation, One Grid
Slide 41: Real Time Smart Meter Data
Real Time Smart Meter Data- Instant/ Hourly/ Weekly/ Monthly 41 One Nation, One Grid
Slide 42: Smart Meter Parameters
Smart Meter Parameters % Meter Actual Apparent Power Variation Serial Voltage Current Load Frequency Energy Energy Factor from Number Avg (kWh) (kVAh) (V) (A) (kW) (Hz) 1 103.76 103.97 223.5 0.514 0.116 1 50.03 -44.99 2 90.41 106.28 221.7 0.514 0.067 0.59 50.03 -43.77 3 131.75 149.65 218.1 1.906 0.3
Slide 43: Details of Real Time Alarms of the Consumer Meters
Details of Real Time Alarms of the Consumer Meters 43 One Nation, One Grid
Slide 44: Active Real Time Control of Smart Meters
Active Real Time Control of Smart Meters 44 One Nation, One Grid
Power Grid Corporation of India — H1 FY2012-13 Earnings Presentation on 6ix