Adani Power Limited · NSE:ADANIPOWER
Adani Power — Shareholder Meeting (July 2023)
23 slides from Adani Power's shareholder meeting presentation, Jul 19, 2023
Slide 1: Adani Power Limited Presentation to Shareholders
Adani Power Limited Presentation to Shareholders 27th Annual General Meeting 19th July 2023
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 general business plans and strategy of Adani Power Limited (“APL”) and its subsidiaries , associates, and joint ventures (c
Slide 3: Power Sector Outlook
1 Power Sector Outlook STRICTLY CONFIDENTIAL
Slide 4: India demand growth expected at CAGR of 6.5%; thermal capacity 250-260 GW till FY30
India demand growth expected to increase at CAGR of 6.5% and Thermal (Coal) capacity to range between 250-260 GW till FY30 2,400 2,280 Installed Capacity 20th EPS SN Source IC Projections in 2030 Actual 2,200 As of CEA Optimal Mix Capacity (in GW) 31 Mar’23 Report Projections 2,000 FY25 onwards, the
Slide 5: Adani Power Limited (APL) At a Glance
2 Adani Power Limited (APL) At a Glance STRICTLY CONFIDENTIAL
Slide 6: APL: Leading private sector power generator
APL: Leading private sector power generator Capacity Market share Modern & Sustainable fleet 16.0% / 5.7% 74% Development 16.85 GW Supercritical / Ultra-supercritical units of India’s private/aggregate thermal Geographically diversified, modern and generation capacity resulting into lower GHG emissi
Slide 7: APL: Key Differentiators for Long Term Success
3 APL : Key Differentiators for Long Term Success STRICTLY CONFIDENTIAL
Slide 8: All-round excellence for sustained leadership
APL: All-round excellence for sustained leadership • Integrated approach from project conceptualization to project commissioning Integrated Project • In-depth optimization at each stage of project management cycle Management • Strong project controls, collaboration, and convergence leading to effect
Slide 9: Reducing carbon footprint through benign coal conversion pathways
Reducing Carbon footprint through Benign coal conversion pathways– Ammonia / Biomass Co-firing, CCUS initiatives are underway… Benefits Biomass / Ammonia Co-firing Choice of dispatch in MOD Green Ammonia Energy Improved ESG rating Biomass Bring in addtl. investment on improved ESG ratings / Green bo
Slide 10: APL: Business Highlights for FY 2022-23
4 APL : Business Highlights for FY 2022-23 STRICTLY CONFIDENTIAL
Slide 11: Key milestones achieved
APL: Key milestones achieved • First 800 MW Unit of 1600 MW Godda USCTPP synchronized with Bangladesh Grid in Nov ’22 Operating capacity and • Godda plant fully commissioned on 25th June 2023 organizational structure • Scheme of Amalgamation of APL with its six operating subsidiaries completed • Cas
Slide 12: 1600 MW Godda Ultra-Supercritical power project commissioned
APL: 1600 MW Godda Ultra-Supercritical power project commissioned Landmark achievement in project execution and cross-border electricity supply Supporting Bangladesh in achieving its long-term economic goals ▪ Supplanting costly liquid-fueled power with reliable and affordable supply Secure revenue
Slide 13: Post-amalgamation organisational structure and synergies
APL: Post-amalgamation organisational structure and synergies APL (APMuL, APML, APRL, UPCL, REL, REGL) 12,450 MW 100% 100% 100% Other Entities Mahan (MEL) Godda (APJL) (APDL, APResources, KPGL, Pench and 1,200 MW 1,600 MW Others) Separate Funding Mature Assets Geographic Diversification Arrangements
Slide 14: Strong growth in revenues and operating margins
APL: Strong growth in revenues and operating margins Total Revenues (Rs. Crore) +13% 43,041 31,686 26,362 27,842 28,150 ▪ Improved tariff realisation due to greater merchant / short-term demand and higher import coal price, coupled with higher operating capacity contributed to a 36% growth in FY23 F
Slide 15: Reduction in finance cost and improved post-tax profits
APL: Reduction in finance cost and improved post-tax profits Finance Cost (Rs. Crore) 5,657 5,315 5,106 4,095 3,334 ▪ Sharp reduction in Finance Cost due to debt reduction, including prepayment of senior debt utilising cash flows from regulatory receivables. ▪ Lower working capital borrowings due to
Slide 16: Deleveraging of balance sheet and stronger net worth
APL: Deleveraging of balance sheet and stronger net worth Senior Debt / Equity Ratio (%) 651% 480% 324% ▪ Significant reduction in senior debt through 221% prepayment as well as regular repayments 118% despite acquisitions and addition of project debt for the Godda plant. FY19 FY20 FY21 FY22 FY23 ▪
Slide 17: ESG Philosophy and Practice at APL
5 ESG Philosophy and Practice at APL STRICTLY CONFIDENTIAL
Slide 18: Robust ESG assurance framework
Robust ESG assurance framework Guiding Principles United Nations Global Sustainable GRI Standards Guiding Compact Development Goals Policies Principles Policy Structure Focus Area - UNSDG Environment Policy Covered in • Climate Action E Business Responsibility (BR) • No Poverty ESG Policy • Zero hun
Slide 19: ESG Philosophy
APL: ESG Philosophy Reduction in Carbon Emission Resource Management Waste Management Technology driven reduction of specific Sea water usage for cooling and carbon emissions: 74% capacity in Ultra- consumptive requirement at coastal supercritical / Supercritical plants. locations; 7 out of 9 plants
Slide 20: Climate track record and emission reduction plan
APL: Track record and emission reduction plan In its endeavor for climate readiness, APL is aligning its business model with latest technologies in climate efficient manner Statutory limit (3.5) Climate Awareness Climate Readiness 2.55 2.37 Sp. Water 2.07 2.14 2.19 2.22 2.31 Consumption (m3 / MWh) F
Slide 21: Adopted UN Sustainable Development Goals
APL: Adopted UN Sustainable Development Goals Our Key Social Initiatives mapped to UNSDG United Nations Sustainable Development Goals 2030 • Mobile Heath Care unit: 204,282+ treatments provided through 8 MHUs • Health insurance benefits for ~ 9,502 people Health by issuing health cards Multiple Loca
Slide 22: Bettering governance and board independence
APL: Bettering governance and board independence As per our target, we have internalise global best practices of governance and board independence TILL OCT 2021 POST OCT 2021 Internal Audit Framework Policies − Quarterly Audit conducted on various parameters across all − RPT policy applicable to all
Slide 23: Thank You
adani Power THANK YOU