Adani Power Limited · NSE:ADANIPOWER
Adani Power — Adani Group — Investor Presentation (March 2013)
55 slides from Adani Power's investor presentation, March 2013
Slide 1: Corporate Presentation March 2013
Corporate Presi March 2013 adani
Slide 2: Safe Harbor
Safe Harbor Certain statements made in this presentation may not be based on AEL assumes no responsibility to publicly amend, modify or revise any historical information or facts and may be “forward-looking forward looking statements, on the basis of any subsequent statements,” including those relat
Slide 3: Today's Agenda
Today’s Agenda 10:00 to 10:15 Corporate Film 10:15 to 11:15 Corporate Presentation 11:15 to 11:30 Break 11:30 to 12:30 Agenda 1 12:30 to 13:15 Lunch Break 13:15 to 14:15 Agenda (Sample Agenda) 3
Slide 4: Group Overview
Group Overview Key Listed Core Business 2012 & 2020 Highlights Companies Verticals Businesses 2012 2020 (Estimated) $8 billion in Adani Resources Coal Mining 2 MMT 200 MMT year 2012 Enterprises Ltd. Adani Ports & Presence in Special 50 countries, Logistics Ports & Logistics 78 MMT 200 MMT Economic Z
Slide 5: Our Vision, Values & Culture
Our Vision, Values & Culture Vision Values Culture To be the admired leader Courage: We shall embrace new ideas and P - Passion in integrated infrastructure businesses businesses R - Results with a deep commitment Trust: We shall believe in to nation building our employees and other I - Integration
Slide 6: India's Growth Journey is the Journey of Adani
India’s Growth Journey is the Journey of Adani
Slide 7: India: A Paradigm Shifter in Global Economy
India: A Paradigm Shifter in Global Economy One of the global growth engines of Availability of cost effective the 21st century, ranking high on engineering resources many macro-economic indicators Estimated to become the 5th largest Rising middle class puts increasing consumer market by 2025 demand
Slide 8: With Challenges, Come Opportunities
With Challenges, Come Opportunities Rising Coal Need Rising Infrastructure Need Rising Power Demand • The key driver of coal • 95% of the volume and 70% • 67% of electricity demand is the Indian of total value of country’s consumed is produced power sector international trade is through thermal powe
Slide 9: Thinking Big for India
Thinking Big for India Our strategic response to nation’s infrastructure challenges which will help drive economic growth. Resources: Obtaining coal from Logistics: A large network of ports, Energy: Power generation & mines and trading; in future it will Special Economic Zone (SEZ) and multi- transm
Slide 10: Thinking Big for India
Thinking Big for India Adani’s coal operations* will account for ~50% of India’s projected coal requirements for 2020 Largest Coal Importer in India with over 33% of market share in India *Adani coal operations include coal mining, trading & imports 10
Slide 11: Thinking Big for India
Thinking Big for India Adani’s port infrastructure will handle ~27% of the total cargo handled by minor ports of India by 2020 Largest private sector port in India growing 4x faster than the Industry average 11
Slide 12: Thinking Big for India
Thinking Big for India Adani’s power generation capacity will be ~6.6% of India’s projected capacity by 2020 One of the largest single location thermal power plant 12
Slide 13: Delivering Steady Growth
adani Delivering Steady Growth
Slide 14: Double Digit Growth Rate
Double Digit Growth Rate 19,041 1,084 1,000 2012 7,800 12,822 2011 6,008 384 2010 5,795 5,654 3,077 200 2009 5,179 2,146 188 2008 4,879 2008 2009 2010 2011 2012 2008 2009 2010 2011 2012 Revenues Assets EBIDTA (in $ Million) (in $ Million) (in $ Million) *EBIDTA: Earnings Before Interest, Depreciatio
Slide 15: Double Digit Growth Rate
Double Digit Growth Rate 20,000 200 2020 200 2012 35.7 77.8 9,280 2011 33.5 52.3 2020 39.7 2014 2010 28.8 5,980 35.8 28.7 2013 2009 18.7 1980 2011 2008 10.2 2008 2009 2010 2011 2012 2020 Coal Handling Cargo Handling Power Capacity (in MMT) (in MMT) (in MW) MMT: Million Metric Tons 15
Slide 16: The Power of Integration
adani The Power of Integration
Slide 17: Adani's Competitive Advantage
Adani’s Competitive Advantage Resources Logistics Energy Our Integrated yet Independent Business Model *MDO : Mining, Development & Operations; SPM : Single Point Mooring; SEZ : Special Economic Zone 17
Slide 18: Resources: Number one coal importer in India
Number one coal importer Resources in India
Slide 19: Coal: a Source of Power
Coal: a Source of Power Coal provides 30% of global primary energy In 2011, coal powered thermal energy has been needs and generates 42% of the world's the fastest growing non renewable form of electricity energy 19
Slide 20: Coal: Rising Consumption
Coal: Rising Consumption Europe - 1.0 Former Soviet Union - 0.4 North America - 1.1 Asia - 5.0 Africa - 0.2 Central & South America - 0.0 Oceania - 0.1 All figures in billion metric tons 20
Slide 21: Coal: Demand & Increasing Market Share
Coal: Demand & Increasing Market Share Coal demand driven predominantly by Adani’s coal market share in India will rise Indian Power Sector – estimated to rise to from 2% at present to 13% by year 2015 ~275 GW by 2017 from 208 GW currently All figures in MMT 288 80 2017 153 60 36 35.7 2012 5 493 457
Slide 22: Coal: Mine Development & Operation
Coal: Mine Development & Operation Parsa (E) Kanta Basin, Largest Mine Developer & Operator in India Peak Capacity 15 MMTPA • Land Acquisition • Exploration • Develop, plan, operate & manage mining operation • Establishment of washery & reject based power plants • Logistics solution Chendipada, Peak
Slide 23: Coal: from World to India
Coal: from World to India Substantial contribution to Bunyu economy • Location : Bunyu, East Kali, Indonesia • Peak capacity : 10 MMTPA • Years 2011-2012 : 2.3 MMTPA • Manpower strength of 1,400 approx. Bunyu, Indonesia Largest investment by an Indian company in Australia • Location : Carmichael Min
Slide 24: Oil & Gas Exploration
Oil & Gas Exploration 65:35 JV between Adani & Welspun Kutch Offshore, India (with ONGC as Operator) Khorat Basin, Thailand Gulf of Suez, Egypt (with GSPC as North-West part of the Surat, India Operator) Depression of the Mumbai off shore basin 24
Slide 25: Logistics: Number one private port in India
Number one private port Logistics in India
Slide 26: Global Logistics through Maritime Transport
Global Logistics through Maritime Transport Seaports continue to be a crucial link for access to the global marketplace. The volume of cargo shipped by water is projected to dramatically increase over the coming decades. So we are strengthening our infrastructure to meet the future demands. And, tha
Slide 27: Ports in India: Overview
Ports in India: Overview Cargo Handled 9x growth as compared to 2x growth compared to All figures in MMT major ports other non major ports 570 561 560 752 531 512 CAGR: 24% CAGR: 6% CAGR: 6% 272 359 249 263 177 175 66 193 40 52 29 36 2008 2009 2010 2011 2012 … 2017 2008 2009 2010 2011 2012 … 2017 20
Slide 28: Adani Port Presence: India & Global
Adani Port Presence: India & Global Largest Private Port in India 235 489 Tuna - 20 Mundra 165 240 Dahej 20 20 Vizag - 7 Hazira Abbot Point - 75 50 120 Mormugao - 20 All Units in MMTPA Current Proposed Capacity Capacity 28
Slide 29: Adani Ports: Location Advantage
Adani Ports: Location Advantage 322 km distance advantage over JNPT, Mumbai by rail JN Port Trust to Delhi - 1446 km by rail Coverage access: Mundra Port to Delhi - 1124 km by rail 55% of India’s hinterland New Delhi Gurgaon Mathura Alwar Jaipur Agra Ajmer Marwar Kota Adipur Bhildi Palanpur Samakhia
Slide 30: Multi-facility Economic Hub
Multi-facility Economic Hub Largest notified, multiproduct, port based Special Economic Hub spread over an area exceeding 150 sq. km located at Mundra, Gujarat • Multi-modal Connectivity • Leading Infrastructure Facilities • Growing Social Infrastructure 30
Slide 31: Energy: Number one private thermal power producer in India
Number one private thermal power producer Energy in India
Slide 32: Thermal Demand & Supply Dynamics
Thermal Demand & Supply Dynamics India’s Installed Thermal Capacity (in GW) India - Energy Mix (2012) 2020 315 ------------------------- Total Energy Need ---------------------- 67% 19% 12% 2% 2017 275 Thermal 2012 208 Renewable – Hydro Renewable – Solar, Wind Nuclear India currently faces a deficit
Slide 33: Power Generation & Transmission
Power Generation & Transmission One of world’s largest single location thermal power Transmission Lines Length (Km) plant at Mundra 4620 Kawai Mundra - Dehgam 433 1000 MW, 400 KV 1320 Tiroda - Warora 200 2000 MW, 400 KV Bhadreshwar 3300 Mundra - Mohindergarh 1,000 2500 MW, 500 KV HVDC Tiroda - Auran
Slide 34: Power Play - Pit to Plug Point
Power Play - Pit to Plug Point We transport coal from our mine pits via our rails & ships – from and to our ports – to our power plants – to generate power –which reaches our customer’s plug point through our transmission lines Mines Port Railways Power Plant Transmission Assured Revenue 1 2 3 Power
Slide 35: Gas Distribution
Gas Distribution One of the fastest growing gas distribution company Faridabad Household – 3.131 Industrial – 91 Commercial – 7 Ahmedabad Household – 172,183 Industrial – 653 Commercial – 1,275 CNG Station - 48 Upcoming locations Baroda • Noida Household – 458 • Khurja Industrial – 80 • Lucknow Comm
Slide 36: Other Business Ventures
adani Other Business Ventures
Slide 37: Edible Oil Business
Edible Oil Business Alwar Jaipur Vidisha Bundi Shujalpur Mundra Neemuch Chhindwara Kadi Haldia Nagpur Mantralayam Kakinada Refining Units Krishnapattnam Crushing Units Mangalore Chennai Toll Packing Units Fortune - India’s Largest Selling Edible Oil Brand Perambavoor Gumidipundi Tuticorin 37
Slide 38: Agri Logistics Business
Agri Logistics Business • First of its kind modern and scientific storage facilities for storing food grains • Spread over 7 Locations, with private railway sidings, transporting grain from Punjab and Haryana to consumption states • Total storage capacity is 650,000 MT across all locations 38
Slide 39: Cold Storage Business
Cold Storage Business • India’s Largest selling fruit brand for Apples, Orange, Grapes and Litchi – Farmpik • Controlled atmosphere technology for increased shelf life of fruits • 3 Pack houses Located in Himachal Pradesh with Total CA capacity of 18,000 tons • Sourcing of fruit from Himachal Prades
Slide 40: Shipping Business
Shipping Business • Wholly-owned subsidiaries in Singapore to manage shipping and freight operations • 4 cape size vessels 40
Slide 41: Ship Bunkering Business
Ship Bunkering Business • JV with Chemoil Energy of Singapore, one of the largest global bunker suppliers • Leased two bunker barges, with an approximate capacity of 3,000 MT each to refuel vessels • Physical operations at all Gujarat & Goa Ports • Back to back arrangements with Overseas Marine Cent
Slide 42: Education
Education Adani Institute of Infrastructure Management, Ahmedabad • 1 year full time program offering a Post Graduate Diploma in Infrastructure Management Gujarat Adani Institute of Medical Sciences, Bhuj • Unique Public Private Partnership venture between the Adani Education & Research Foundation (
Slide 43: Real Estate Business
Real Estate Business • Realty development in Ahmedabad, Mumbai, Gurgaon, Mundra & Bhuj • Mumbai : • Developing Bandra-Kurla complex (Commercial + Retail Project) • Mill land development of 1.5 million sq. ft. • Mundra • Samudra Township • Commercial Spaces under development 43
Slide 44: Adani Foundation
Adani Foundation Our inclusive & progressive way of life
Slide 45: Warm Hearts, Warmer Smiles
Warm Hearts, Warmer Smiles Our responsibility lies in making sure that India flourishes and prospers. We aim to touch and transform lives of people living in underprivileged and neglected regions. We seek to achieve this through accessible healthcare, good education, rural infrastructure development
Slide 46: Touching Lives: Education
Touching Lives Education Empower a generation, and then the next with quality education Igniting spark in over 100,000 young minds 46
Slide 47: Touching Lives: Community Healthcare
Touching Lives Community Healthcare Every life is precious Facilitating a healthier life to 150,000 people every year 47
Slide 48: Touching Lives: Sustainable Livelihood Development
Touching Lives Sustainable Livelihood Development A livelihood is not just a pay check, it gives you dignity, a sense of purpose and true freedom Transformed more than 25,000 lives by providing better opportunities to create self reliant life 48
Slide 49: Touching Lives: Rural Infrastructure Development
Touching Lives Rural Infrastructure Development It is a misconception that infrastructure is urban led. Rural regions need it just the same. Improving life of over 300,000 people in 90 cities & village by developing quality infrastructure 49
Slide 50: Key Milestones
adani Key Milestones
Slide 51: Key Milestones
Key Milestones Reaches 4620 MW at 100 million MT of 10.4 billion MT of Mundra Power Plant Starts as a Adani Wilmar, an edible coal reserves coal reserves – with India’s first ever commodity oil refinery setup under – buys Bunyu buys Carmichael private sector HVDC trading firm a Joint Venture Mines i
Slide 52: Gautam Adani, Chairman
The back-story to our success is the growth of India’s middle class. Their demand for goods and services places an ever-growing demand on the nation’s infrastructure, in terms of ports, power, water and transportation. We are building infrastructure to handle nation’s future needs. Gautam Adani Chai
Slide 53: Thinking big Doing better
We are 10,000+ young, dynamic doers working across the globe for a common purpose Thinking big Doing better One vision, One team
Slide 54: Q&A
Q&A
Slide 55: References
References Slide 8 http://www.investindia.gov.in/?q=ports-sector (Port data) http://powermin.nic.in/indian_electricity_scenario/introduction.htm (Energy data) http://en.wikipedia.org/wiki/Electricity_sector_in_India (Indian without energy access) Slide 19 http://www.worldcoal.org/resources/coal-stat