Tata Power Company Limited · NSE:TATAPOWER

Tata Power — The Tata Power Company — Investor Presentation (March 2012)

25 slides from Tata Power's investor presentation, March 2012

  1. Slide 1: Presentation Title

    Presentation Title (Company The Tata Power Arial, Font sizeLtd. 28 ) Date, Venue, etc ..( Arial, Font size 18 ) …Message Box ( Arial, Font size 18 Bold)

  2. Slide 2: Disclaimer

    Disclaimer •Certain statements made in this presentation may not be based on historical information or facts and may be “forward looking statements”, including those relating to The Tata Power Company Limited’s general business plans and strategy, its future outlook and growth prospects, and future

  3. Slide 3: A Tata Group Company

    A Tata Group Company Promoter Revenue by business segments Listed Companies Mkt Cap ($ bn)2 Shareholding (%)1 Tata Consultancy Services 48.7 74.1 Tata Motors 17.8 34.8 3% 4% 4% 16% Tata Steel 9.3 30.6 Tata Power 5.5 31.8 Revenue Titan 3.9 53.5 FY 2011 31.2 32% c.INR 3,808bn Tata Chemicals 1.9 Tata G

  4. Slide 4: Tata Power: Business Overview

    Tata Power: Business Overview • Trombay • Hydro • Jojobera • Belgaum • Haldia • Wind Farm s Power Generation • Solar SPV Business • CGPL (Mundra UMPP) 100% • Maithon 74% • IEL 74% • Dagachhu 26% • OTP Geothermal 50% Transmission • Mumbai • Powerlinks 51% Distribution • Mumbai • Delhi: NDPL 51% Inves

  5. Slide 5: Our Power Business

    Our Power Business Power generation capacity (MW) Operational Thermal 3814 MW Hydro 447 MW Wind 375 MW Dugar Hydro Solar 28 MW Transmission Powerlinks Distribution NDPL DHPC Bhutan Under Execution Thermal 3725 MW Hydro 126 MW IEL Jojobera Wind 1.5 MW Gujarat Maithon Solar 10 MW Tubed Mundra Haldia C

  6. Slide 6: Existing Generation Assets and Growth Plans

    Existing Generation Assets and Growth Plans ~17000 MW 4664 MW ~8530 MW Projects in advanced Unit 4 150 stages of development Unit 5 500 Mulshi 10 Unit 6 500 Tata Motors Projects Thermal 7450 Unit 7 180 Rooftop 0.5 under Renewables 1000 30000 Unit 8 250 Agaswadi 1.5 scanning- 25000 MW Bhivpuri 75 Mai

  7. Slide 7: Existing Generation Assets - Business Models

    Existing Generation Assets - Business Models Capacity % of overall Model (MW) capacity Returns Upside Tata Power projects Off-take counterparty BEST (1,000MW), Mumbai Operations TPTCL (400MW), Tata Fixed return Savings on Norms + Regulated returns 2552 55% (Thermal & Hydro), Power Distribution on eq

  8. Slide 8: Projects Under Execution

    Projects Under Execution Project Capacity Fuel Fuel Supply Agreement Power off-take % completion COD (MW) (FSA) Mundra 4,000 Imported Offtake agreement with PPAs have been signed for ~92% Unit 1 operational Coal Indocoal for 10.11MTPA 3,800 MW All units by FY13 (± 20%) Maithon 1,050 Coal •Domestic C

  9. Slide 9: Mundra UMPP (4000 MW)

    Mundra UMPP (4000 MW) Capacity  4000 MW (5 X 800 MW) Customers  Gujarat (1805 MW), Maharashtra (760 MW), Punjab (475 MW), Haryana (380 MW), Rajasthan (380 MW) Fuel  Imported Coal – 11-12 MTPA Requirement &  Offtake agreement with Indocoal for 10.11 ± 20% Source  Looking for additional mines in

  10. Slide 10: Maithon Power Limited (1050MW)

    Maithon Power Limited (1050MW) Status  Unit#1 commissioned. Project 98% complete on an overall basis Capacity  1050 MW (2 X 525 MW) Customers  DVC (300 MW), NDPL (300 MW), WBSEB (150 MW), 300 MW under negotiation  Long term (30 yr) PPAs commence on CoD for DVC & 1st April 2012 for NDPL and WBSEB

  11. Slide 11: Renewable Projects Under Execution

    Renewable Projects Under Execution  2 x 63 MW run of the river Hydro project with Tata Power holding 26% and Royal Govt. of Bhutan holding 74%  Project cost-USD 200 million with debt equity of 60: 40; debt tied up with ADB and others Dagacchu 126 MW  PPA signed with Tata Power Trading Hydro proje

  12. Slide 12: Projects Under Development

    Projects Under Development Capacity Project Fuel Source (MW) Status Execution schedule Kalinganagar Gas based : Production gases 650 MOU finalised, Environment Clearance for the gas based Gas based – All 3 units by supplied by Tata Steel Coal plant obtained by Tata Steel along with their 6 MTPA Stee

  13. Slide 13: Strategic Investment in Coal

    Strategic Investment in Coal Operating Performance 30% stake in Indonesian coal mines – KPC and Arutmin Operating  Total estimated coal production to reach 100 mm tonnes by 2013 Performance 9MCY11 CY ’10 CY ’09 CY ‘08 Quantity mined (MT) ~47 ~60 ~63 ~53  Overall rights adequately protected through

  14. Slide 14: Long term fuel contracts

    Long term fuel contracts Project Fuel requirement Source of fuel Contract details Term c.3 MTPA of coal Purchase agreements PT Adaro: 1.00 MTPA (+/- 5yrs 0.25MTPA) PT Adaro: 1.00 MTPA (+/- 10yrs 0.2MTPA) Trombay Samtan: 0.65 MTPA (+/- 10%) Till FY14 Oil From nearby refineries, delivered by pipeline

  15. Slide 15: Transmission and Distribution

    Transmission and Distribution Transmission – Mumbai Powerlinks Transmissions Limited  JV between Tata Power (51%) and Power Grid Corporation of  TRANSMISSION Tata Power is amongst the 3 transmission licensees India Ltd. (49%) that bring power into Mumbai  India’s first private sector inter-state

  16. Slide 16: Other Businesses

    Other Businesses  100% subsidiary TPTCL, holds a trading license for a period of 25 years starting from 2004 Tata Power Trading  Holds a Category 1 trading license, the highest grade of license, which permits the company to trade any amount of power  Trust Energy Resources Pte Ltd incorporated in

  17. Slide 17: Appendix: Detailed Financial Statements

    Appendix: Detailed Financial Statements …Message Box ( Arial, Font size 18 Bold)

  18. Slide 18: Robust Financials (Standalone)

    Robust Financials (Standalone) All figures in INR Revenues Profit After Tax billion 9.39 9.42 79 74 74 9.22 64 8.70 FY08 FY09 FY10 FY11 FY08 FY09 FY10 FY11 Networth Earnings per share 44 106.42 99.99 81.10 75.19 41 41 39 FY08 FY09 FY10 FY11 FY08 FY09 FY10 FY11 …Message Box 17 ( Arial, Font size 18 B

  19. Slide 19: Robust Financials (Consolidated)

    Robust Financials (Consolidated) All figures in INR Revenues EBITDA and EBITDA margin billion 50 46 25.0% 45 19.6% 19.7% 23.1% 198.6 39 186.3 195.7 40 17.6% 36 20.0% 35 30 15.0% 120.9 25 21 20 10.0% 15 10 5.0% 5 0 0.0% FY08 FY09 FY10 FY11 FY08 FY09 FY10 FY11 EBIT and EBIT margin Net Income and Net I

  20. Slide 20: Robust Financials (Consolidated)

    Robust Financials (Consolidated) All figures in INR Net Debt/Equity billion 400.0 Profit After Tax 1.7 350.0 21.4 21.8 1.4 300.0 250.0 1.5 225.6 1.1 13.0 200.0 161.4 Net Debt 11.8 150.0 129.7 Equity 85.5 100.0 114.0 131.0 50.0 86.2 76.5 0.0 FY08 FY09 FY10 FY11 FY08 FY09 FY10 FY11 Earnings per share

  21. Slide 21: Q3FY12/YTDFY12 Results - Standalone

    Q3FY12/YTDFY12 Results - Standalone Quarter ended Nine months ended Year ended Particulars 31-Dec-11 30-Sep-11 31-Dec-10 31-Dec-11 31-Dec-10 31-Mar-11 (A) MUs MUs MUs MUs MUs MUs 1. Generation 3,970 3,772 3,713 11,631 11,794 15,325 2. Sales 3,922 3,793 3,824 11,647 12,283 16,060 (B) ` Crores ` Crore

  22. Slide 22: Q3FY12/YTDFY12 Results - Consolidated

    Q3FY12/YTDFY12 Results - Consolidated Quarter ended Nine months ended Year ended Particulars 31-Dec-11 30-Sep-11 31-Dec-10 31-Dec-11 31-Dec-10 31-Mar-11 (Reviewed) (Reviewed) (Audited) ` Cr or es ` Cr or es ` Cr or es ` Cr or es ` Cr or es ` Cr or es 1. a) Revenue 6,281.00 5,406.84 4,201.37 17,048.1

  23. Slide 23: Standalone Financial Statements

    Standalone Financial Statements INR mm FY08 FY09 FY10 FY11 INR mm FY08 FY09 FY10 FY11 Income Statement Balance Sheet Revenue Net worth 75,192 81,099 99,988 1,06,420 Power supply and transmission 57,973 70,715 68,935 65,994 Minority interest - - - Contracts 737 1,217 1,461 1,747 Secured Debt 23,311 3

  24. Slide 24: Consolidated Financial Statements

    Consolidated Financial Statements INR mm FY08 FY09 FY10 FY11 INR mm FY08 FY09 FY10 FY11 Income Statement Balance Sheet Revenue Net worth 76,530 86,189 1,14,004 1,31,036 Power supply and transmission 74,051 1,17,924 1,23,653 1,20,849 Minority interest 8,062 9,444 12,097 14,143 Electronics 2,567 2,415

  25. Slide 25: Sustainability Initiatives

    Sustainability Initiatives Care for environment Care for community Care for customers Care for people  Growth through renewables,  Principles of community  Energy clubs  Safety and health clean / green energy engagement  Customer care centers  Organizational  Efficient technologies,  Program

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