Power Finance Corporation Limited · NSE:PFC
Power Finance — Investor Presentation (May 2024)
18 slides from Power Finance's investor presentation, May 15, 2024
Slide 1: India's Energy Transition Outlook
INDIA’S ENERGY TRANSITION OUTLOOK PFC’s Investor meet 2024 Mumbai, 15th May’24 Draft Version 2.0 09.04.2024 1
Slide 2: Outline
Outline 01. India’s Power Sector 02. India’s Decarbonization Plan 2
Slide 3: India's Power Sector
Ol. _. India’s Power Sector aa
Slide 4: Indian Power Sector – Growth over last two decades
Indian Power Sector – Growth over last two decades Indian Power Sector has come a long way in the last 20 years, with exceptional growth in capacity and demand Installed Capacity Trend (GW, 2002-2024) (1) 3rd largest producer and consumer of 600 344 356 370 382 399 416 442 400 327 electricity in the
Slide 5: Indian Power Sector is Poised for Strong Business Growth
Indian Power Sector is Poised for Strong Business Growth While India’s power sector has seen tremendous growth in recent years, it has a long way to go India Lags Behind in Terms of Per Capita Consumption(1) Annual electricity consumption to grow at rate of 7.18% (3) MWh BU 15.0 2,000 1610 10.0 2019
Slide 6: India's Decarbonization Plan
02. India’s Decarbonization Plan 6
Slide 7: India's Energy Transition Targets
India’s Energy Transition Targets India has set ambitious targets for reducing emissions, combating climate change Achievement of Reduction in 50 percent emissions intensity Reaching 500 Attainment of cumulative electric of the GDP by 45 power installed GW non-fossil net zero by percent by capacity
Slide 8: Focus Sectors – Energy Transition
Focus Sectors – Energy Transition Renewable Energy Green Energy Generation Corridor EV and Charging Green Hydrogen Infrastructure 8
Slide 9: Renewable Energy – 2030 Targets and Policy Measures
Renewable Energy – 2030 Targets and Policy Measures Major capacity additions expected across RE sectors as India gears to meet 2030 target Solar Installed Wind Installed Energy Storage Capacity (GW) Capacity (GW) Capacity (GW)(3) 400 150 100 293 100 61 100 ↑14% ↑53% 200 ↑24% 46 50 82 50 5 0 0 0 Mar2
Slide 10: Green Energy Corridor
Green Energy Corridor Upcoming RE capacity is to be supported by transmission systems Transmission Lines • Transmission capacity to be (ckm) (1) developed in advance for upcoming 5,50,000 5,14,648 RE projects 5,00,000 4,63,758 • Renewable Energy Zones identified 4,50,000 across 8 Indian States which
Slide 11: Investment Potential - RE Generation and Transmission Sector
Investment Potential - RE Generation and Transmission Sector FY 23- 32 Investment Required in RE Generation (1) Wind(2) Hydro(3) Solar Energy Storage(4) Biomass INR 5,89,247 INR 1,99,453 INR 14,77,741 INR 4,78,727 INR 47,809 Crore Crore Crores Crores Crores (USD 71 Bn) (USD 24 Bn) (USD 178 Bn) (USD
Slide 12: Electric Vehicles and Supporting Infrastructure
Electric Vehicles and Supporting Infrastructure India has set ambitious targets for EV adoption 2022 EV Sales Share % (9) • Projected to reach 30% EV sales share by 2030 (EV30@30)(1) 30% • EV sales at 6.4% of total automobile sales in CY2023(2) 22% 20% • 1.53 million EVs sold in CY2023, up 50% from
Slide 13: Green Hydrogen
Green Hydrogen Green H2 has a great potential to support India’s energy decarbonization in hard to abate sectors National Green Hydrogen Mission (NGHM) 2023 • 5MMT domestic capacity target by 2030 Capacity awarded under NGHM (2) • Incentives for manufacturing of electrolysers and production of green
Slide 14: USD 656 Billion Cumulative investment requirements till FY2032
Cumulative investment requirements till FY2032 India is in the initial phases of its energy transition, and is a large market with a huge investment potential USD 656 Billion USD 336 Billion USD 29 Billion USD 99 Billion USD 192 Billion Transmission RE Green Systems for E-mobility Generation Hydroge
Slide 15: Transition Challenges and Opportunities
Transition Challenges and Opportunities Faster RE capacity additions needed to meet 2030 targets Development of adequate energy storage to support RE capacity Low-cost funds for emerging technologies in Energy Storage, Green Hydrogen, Green Ammonia 15
Slide 16: Why Invest in India's Energy Transition Story
Why Invest in India’s Energy Transition Story Ambitious Enabling Strong NDCs and Policy Domestic Net Zero Environment Demand targets Export Developed Competitive- Support ness Infrastructure 16
Slide 17: PFC – Financing Energy Transition
PFC – Financing Energy Transition PFC is at the forefront of India’s power sector and is well placed to support energy transition ambitions Large infra financing Presence in multiple Long tenure loans Leading RE lender expertise sectors • 3+ decades’ experience • To effectively support • Supported ~
Slide 18: Thank You
Thank You = USAID