No Result found
Research & Ideas
Fund Manager Speak
Chat With Experts
Adani Power reverses 6-day 29.04% rally
Capital Market/11:59,May 22, 2013
Adani Power lost 2.47% to Rs 59.15 at 11:51 IST on BSE, on profit booking after advancing 29.04% in prior six trading sessions.
Adani Power in demand
Torrent Power To Hold Board Meeting
Karma Energy - Board to consider Dividend
Adani Power Chief Financial Officer Resigns
Apollo Hospitals (Q4 FY13)
How to choose an appropriate car insurance plan
India Cements (Q4 FY13)
Foreign Buying Japan Stocks (Yen)
Balance (YTD) (New Zealand dollars)
View full month Economic Events calendar
Tata Steel | St Bk of India | B H E L | Hind.Copper
View full month Results calendar
No IPO today
View full month IPO calendar
Money & Debt
Automobiles & Ancillaries
Banking & Financials
Cap Goods, Eng & Infra
Gems & Jewellery
Hotels & Tourism
Media & Entertainment
Metals, Mining & Minerals
Oil & Gas
Paper & Packaging
Pharma & Healthcare
Shipping & Shipyard
Mukesh Ambani Grp
Tata Group News
Aditya Birla Group
M & A Deals
Power Grid Corporation
12:16 , Jun 01, 2012
About Rs 20000 crore on an average will be spent every year in 12th 5 year plan
The company held its Analyst Meet on 30
May'12 and was addressed by Mr. R.N.Nayak CMD
Power Grid has transmission line capacity of 93000 ckm of which 34000 ckm was added in 11
5 year plan (19000 ckm was added in 10
5 year plan) with system availably of 99.94%. Current transformer capacity stands around 125000 MVA of which 66000 MVA was added in 11
5 year plan (25000 MVA was added in 10
5 year plan). Inter regional capacity stands around 28000 MW and telecom network stands at 25000 km. Today, power grid carries about 50% of total power generated in India.
A total of about Rs 55000 crore of capex was incurred by Power Grid in 11
5 year plan as compared to Rs 19000 crore in 10
5 year plan. Similarly, about Rs 34000 crore was capitalized in 11
5 year plan as compared to Rs 15000 crore for 10
5 year plan.
About 10592 ckm of Transmission line was added in FY'12 compared to 7064 ckm in FY'11. A total of 31475 MVA transformation capacity was added in FY'12 (9648 MVA in FY'11). 5600 MW of inter regional capacity was added in FY'12 as compared to 1600 MW in FY'11.
A capex of about Rs 17814 crore was incurred in FY'12 with Rs 14100 crore of assets being commissioned as compared to Rs 12077 crore and Rs 7313 crore respectively for FY'11. Thus Commissioning to Capitalization ratio improved from 61% in FY'11 to 79% in FY'12 and commissioning to Work In Progress ratio further improved from 27% to 42%. Management has indicated that going forward efforts will be made to commission the assets at faster pace and thereby reducing the WIP.
In consultancy business, on international front, the company has 19 assignments of worth Rs 10500 crore under execution. So far the company is working in SAARC, Africa and Gulf countries with new countries namely Myanmar, Kenya, Ethiopia and Tajikistan being added last year. On domestic front, the company has about 116 assignments of worth Rs 19000 crore under execution which includes both private and public players.
Telecom has an order book of around Rs 1050 crore as compared to Rs 650 crore in FY'11 with 11 new clients added during FY'12.
Projects worth Rs 7736 crore got commissioned in Q4 FY'12 as compared to Rs 486 crore for Q4 FY'11.
As on Mar'12, the company has average monthly billing of about Rs 900 crore as outstanding. Power Grid has not faced any major delays or late payments from SEB's and so far there are no NPA's.
Going forward, Power Grid will look into opportunities such as building Smart Grid, Smart city, grid integration of renewable energy, Joint venture with States for intra-state transmission, renovation and modernization of T&D activities of CPSU's and evaluating backward integration options as well.
5 year plan starting April'12, capacity addition of 76 GW is planned which requires about Rs 180000 crore of total funds, of which about Rs 125000 crore is for inter State transmission network and rest for intra state network. Of the inter state fund requirement, about Rs 100000 crore will be required by Power Grid and rest from private players. Thus about Rs 20000 crore worth of money will be spent by Power Grid on every year in 12
5 year plan to achieve the target.
Of these Rs 100000 crore in terms of projects and schemes, about Rs 22500 crore will be capital outlay towards central and sector generation side, about Rs 52000 for IPP's, Rs 14000 for UMPP and rest for grid strengthening. A debt equity ratio of 70:30 is what is planned by Power Grid.
So far in Q1 FY'13, for first 2 months about Rs 2500 crore worth of assets have been commissioned as compared to entire 3 months of Q1 FY'12.
Rate This Article
Thank you for the rating.
You have already rated
Recent News Videos
Thursday, 23 May 2013 10:19 IST
Connect with IIFL :
Products & Services
Stock SMS Alerts
Document & Info
Chat with Experts
Home Loan EMI
Auto Loan EMI
Education Loan EMI
Disclaimer - Research
Disclaimer - Discussion Boards
Disclaimer - Chat
Disclaimer - Twitter
Terms & Conditions
India Infoline Ltd. All rights Reserved.
NSE SEBI Registration No. Capital Market:- INB231097537/ INF231097537/ INE231097537, CODE NO: 10975 & TC10975 CM No.: M51058
NSE SEBI Registration No. Derivatives:- INF 231097537 Clearing Member ICICI Bank Ltd. CM-C50006.
BSE SEBI Registration No. Capital Market :-INB011097533 and INF011097533. Clearing No. 179
MCX Stock Exchange Limited - SEBI Registration No: INE 261097537 CODE NO. 22 | NCDEX Membership No. NCDEX-CO-04-00378 | MCX Membership No. 10470