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For the complete report, get in touch with us at: [email protected] Abstract : Netscribes’ latest market research report titled Power Sector in India 2014 states that consumption of electricity is going to rise in the coming years. India is among the top energy users in the world. Region-wise installed capacity has increased over the last few years. Keeping in mind the growth in consumption, the government is taking measures to increase the installed capacity to minimize the demand and supply gap. There has been a shift from the traditional value chain to the modern value chain in the power sector. In India, power sector is governed by stringent government regulations. Mainly the National Electricity Policy and the Tariff Policy governs the power sector in India. The future of power sector in India is very bright. Power sector – India contributes to the GDP of the country. Private-public-partnership model (PPPs) especially in the infrastructure sector is gaining prominence in the country. Growth in the manufacturing sector along with growth in the residential consumption has driven the power sector. Other factors such as rural electrification programs and realization of emerging dreams have driven the sector. Shortage of coal is a major challenge which is manifested in the inability to minimize the demand and supply deficit. Huge transmission losses and improperly maintained infrastructure contributed to the challenges. Increase in FDI has increased along with private equity firms showing interest in the power sector. Increase in domestic investments has also increased. Table of Contents : Slide 1: Executive Summary Macroeconomic Indicators Slide 2: GDP at Factor Cost: Quarterly (2011-12 – 2014-15), Inflation Rate: Monthly (Jul 2013 – Dec 2013) Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 – Jul 2013), Exchange Rate: Half Yearly (Apr 2014 – Sep 2014) Slide 4: Lending Rate: Annual (2011-12 – 2014-15), Trade Balance: Annual (2010-11 – 2013-14), FDI: Annual (2009-10 – 2012-13) Introduction Slide 5-6: Power Sector – Introduction, Region-wise Installed Capacity, Types of Power Plants, Total Installed Capacity by Type Market Overview Slide 7-9: Market Overview – India (Consumption of Electricity (2013 – 2018e), Demand Supply Deficit Value Chain Analysis Slide 10-11: Value Chain Analysis – Indian Power Sector, Expansion of the Government Initiatives Slide 12-16: Government Policies – Investments, PPP Model – Distribution Franchise and Ultra Mega Projects Drivers & Challenges Slide 17: Drivers and Challenges – Summary Slide 18-21: Drivers Slide 22-24: Challenges Major Trends Slide 25: Key Trends – Summary Slide 26-28 – Key Trends Competitive Landscape Slide 29: Porter’s Five Forces Analysis Slide 30-34: Competitive Benchmarking Slide 35-74: Major Public Players Market Opportunities Slide 75-76: Market Opportunities – Opportunities in Thermal Generation,
Citation preview
Power Sector – India
November 2014
2 POWER SECTOR IN INDIA 2014.PPT
Executive Summary
Drivers:
Market Overview
Drivers & Challenges
Competitive Landscape
Installed generating capacity in India became a1 MW in the first year of the 12th Five year Plan growing at a CAGR of x1%
India still faces a demand supply gap which is more acute in the North Eastern part of India
Value chain model in of the power sector has incorporated the concept of smart grids and power storage
Challenges:
Key Players
Player 1 Player 2 Player 3
Player 4 Player 5 Player 6
Inability to Meet the Capacity Addition Target
Shortage of Coal
Huge Power Loss in Transmission and Distribution
Aging and Improperly Maintained Infrastructure
Growth of India’s Manufacturing Sector
Growth in Residential Consumption
Rural Electrification Programs
Realization of Emerging Needs
Trends Increase in Captive Power Production Increase in FDI Increase in Domestic Investments PE Firms Showing Interest in Power Sector
3 POWER SECTOR IN INDIA 2014.PPT
• Macroeconomic Indicators
• Introduction
• Market Overview
• Value Chain Analysis
• Government Initiatives
• Drivers and Challenges
• Key Trends
• Competitive Landscape
• Market Opportunities
• Strategic Recommendations
• Appendix
4 POWER SECTOR IN INDIA 2014.PPT
Economic Indicators (1/3)
11
12
13
14
15
INR tn
Q4
c4
b4
a4
Q3
c3 b3
a3
Q2
d2 c2
b2
a2
Q1
d1 c1
b1
a1
d1-d2 c1-c2 b1-b2 a1-a2
GDP at Factor Cost: Quarterly
Inflation Rate: Monthly
-2
-1
0
1
2
q
Aug 2013 - Sep 2013
r
Sep 2013 - Oct 2013 Jul 2013 - Aug 2013
p
Nov 2013 - Dec 2013
t
Oct 2013 - Nov 2013
%
s
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India is among the top energy consumers in the world
Introduction
• Text
As on 30-06-2014
North
Western
South
East
x1
x3
x4
North-East 2,909.91 MW
x2
Region – Wise Installed Capacity
6 POWER SECTOR IN INDIA 2014.PPT
Energy consumption in India will increase mainly due to the extended summer
Market Overview – India (1/2)
• Text
c1
c2
c3
c4
0
GWh
a5 X%
201--
a6
20-- 20--
a4
20--
a3
20--
a2
20--
a1
Power Sector – Consumption of Electricity
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SAMPLE Government has been taking positive steps by introducing new policies and regulations…
APDRP • Text
Electricity Act 2003
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National Electricity Policy 2005
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Government Policies – (1/2)
8 POWER SECTOR IN INDIA 2014.PPT
Drivers
Growth of India’s Manufacturing Sector
Growth in Residential Consumption
Rural Electrification Programs
Realization of Emerging Needs
Challenges
Inability to Meet the Capacity Addition Targets
Shortage of Coal
Huge Power Loss in Transmission and Distribution
Ageing and Improperly Maintained Infrastructure
Drivers & Challenges – Summary
9 POWER SECTOR IN INDIA 2014.PPT
SAMPLE Porter’s Five Forces Analysis
Bargaining Power of Buyers • Text text text text text text text
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Impact High
Threat of New Entrants • Text text text text text text text
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Impact Medium
Bargaining Power of Suppliers • Text text text text text text text
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Impact Medium
Threat of Substitutes • Text text text text text text text
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Impact Low
Competitive Rivalry • Text text text text text text text text
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Impact Medium
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SAMPLE Key Ratios of Top 4 Companies – Operational Basis (FY 2013) (1/3)
Competitive Benchmarking (-/-)
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Net Margin Operating Margin
• Company1 recorded operating margin of -%, higher than that of company2, company3 and company4 which recorded operating margin of -%, - and -% respectively
• Thermax however recorded the highest net margin of -% higher than that of Ion Exchange, SPML and Va Tech Wabag which recorded net margins of -%, -% and -% respectively
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SAMPLE Public: Domestic Company – Company 1 (1/4)
Key People
Products and Services
Company Information Offices and Centres – India
Corporate Address
Tel No.
Fax No.
Website
Year of Incorporation
Ticker Symbol
Stock Exchange
Category Products/Services
Sectors (EPC)
Name Designation
Head Office
12 POWER SECTOR IN INDIA 2014.PPT
SAMPLE Financial Snapshot Key Ratios
Financial Summary
• The company incurred a net loss of INR - bn in FY 2013, as compared to net profit of INR - bn in FY 2012
• The company reported total income of INR - bn in FY 2013, registering a decrease of -% over FY 2012
• The company earned an operating margin of -% in FY 2013, a decrease of - percentage points over FY 2012
• The company reported debt to equity ratio of - in FY 2013, an increase of -% over FY 2012
Key Financial Performance Indicators
Indicators Value (17/01/2014) Market Capitalization (INR mn)
Total Enterprise Value (INR mn)
EPS (INR)
PE Ratio (Absolute)
Particulars y-o-y change
(2013-12) 2013 2012 2011 2010
Profitability Ratios Operating Margin
Net Margin
Profit Before Tax Margin
Return on Equity
Return on Capital Employed
Return on Working Capital
Return on Assets
Return on Fixed Assets
Cost Ratios Operating costs (% of Sales)
Administration costs (% of Sales)
Interest costs (% of Sales)
Liquidity Ratios Current Ratio
Cash Ratio
Leverage Ratios Debt to Equity Ratio
Debt to Capital Ratio
Interest Coverage Ratio
Efficiency Ratios Fixed Asset Turnover
Asset Turnover
Current Asset Turnover
Working Capital Turnover
Capital Employed Turnover
Improved Decline
Net Profit/Loss Total Income
0
INR bn INR bn
2013
t4
s4
2012
s3
t3
2011
s2
t2
2010
s1
t1
Public: Domestic Company – Company 1 (2/4)
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SAMPLE Key Business Segments Key Geographic Segments
Business Highlights
Description News
Overview
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Extensive Product Portfolio
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0%
g1
2013
Construction and Engineering
0%
2013
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2012
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2011
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2010
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Overseas India
Public: Domestic Company – Company 1 (3/4)
14 POWER SECTOR IN INDIA 2014.PPT
SAMPLE Public: Domestic Company – Company 1 (4/4)
T O
W S
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SAMPLE Market Opportunities – Power Sector (1/2)
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16 POWER SECTOR IN INDIA 2014.PPT
SAMPLE
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Diversification of Fuel Sources Strategically Located Power Plants
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Strategic Recommendations (1/2)
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About Netscribes, Inc. Netscribes, Inc. is a knowledge-consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, content-management services, and knowledge-software services. At its core lies a true value proposition that draws upon a vast knowledge base. Netscribes, Inc. is a one-stop shop designed to fulfil clients’ profitability and growth objectives.
Power Sector – India 2014 report is a part of Netscribes’ Energy Series. For any queries or customized research requirements, contact us at:
Phone: +91 22 4098 7600 E-Mail: [email protected]
