Social Media Annual Report (SMART)
The 2-minute Annual Report
Adani Group Structure
Portfolio structure
Unleashing growth and nation development with a world-class infrastructure and utility portfolio
Flagship | Infrastructure & Utility Core Portfolio | ||||||||||||
Incubator | Energy & Utility | Transport & Logistics | |||||||||||
AEL | AGEL | AESL | APSEZ | NQXT | |||||||||
Renewables | T&D | Ports & Logistics | |||||||||||
(72.61%) | (56.37%) | (73.22%) | (65.89%) | (100%) | |||||||||
ATGL | APL | ||||||||||||
Gas Discom | IPP | ||||||||||||
(37.40%) | (71.75%) | ||||||||||||
ANIL | AdaniConneX | AAHL | ARTL | ||||||
New | Data | ||||||||
Industries | Center | Airports | Roads | ||||||
(100%) | (50%) | (100%) | (100%) |
Primary Industry
Materials, Metal &
Mining
Cement1
(70.33%)
Copper,
Aluminium
(100%)
PVC
(100%)
Specialist
Manufacturing2
(100%)
Mining Services
- Commercial Mining
(100%)
Emerging B2C
Direct to
Consumer
AWL
Food FMCG
(43.94%)
NDTV
(64.71%)
ADL
Digital
(100%)
Listed entity
Unlisted entity
- Adani family's equity stake in the Adani portfolio companies
- AEL equity stake
Holdings are as on March 31, 2024, except for cement, in which holding is as on April 30, 2024.
Data center, JV with EdgeConneX, AEL: Adani Enterprises Limited; APSEZ: Adani Ports and Special Economic Zone Limited; AESL: Adani Energy Solutions Limited; APL: Adani Power Limited;
AGEL: Adani Green Energy Limited; AAHL: Adani Airport Holdings Limited; ARTL: Adani Roads Transport Limited; ANIL: Adani New Industries Limited; AWL: Adani Wilmar Limited;
ADL: Adani Digital Labs Private Limited; NDTV: New Delhi Television Limited; PVC: Polyvinyl Chloride; NQXT: North Queensland Export Terminal; ATGL: Adani Total Gas Ltd, JV with
TotalEnergies; T&D: Transmission & Distribution; IPP: Independent Power Producer
- Cement business includes 70.33% stake in Ambuja Cements Limited which in turn owns 50.05% in ACC Limited, Adani directly owns 6.64% stake in ACC Limited. Ambuja also owns 60.44% stake in Sanghi Industries
- Includes the manufacturing of Defence and Aerospace Equipment
Adani Power: Our Business
Powering India Reliably, Affordably and Sustainably
Adani Power is India's largest private-sector thermal power producer with an operating and upcoming capacity of 16.85 GW, distinguished for exceptionally efficient and sustainable operations.
We play a pivotal role in driving India's economic growth engine by ensuring reliable, always-available power supply to industrial and residential consumers through strategic investments in large-scale capacity expansion. With our focus on advanced technologies, effective fuel management and logistics capabilities, excellence in plant operations and maintenance (O&M), and environmental consciousness, we consistently set new benchmarks
of all-round excellence. This is exemplified in our industry-leading performance with impressively high availability and superior cost-effectiveness.
Taking our aspiration global, we have successfully commissioned India's first thermal power project with a transnational power supply - the 1,600 MW
ultra-supercritical Godda power plant. Supplying electricity to Bangladesh, this landmark initiative reinforces India's influence on the international stage.
Profile
Adani Power commenced operations in 2009, commissioning its first power plant in Mundra, Gujarat. Dedicated to serving the nation and seizing diverse business opportunities, we have since expanded our portfolio to nine power plants across seven states.
More than 74% of Adani Power's current and upcoming generation portfolio utilises supercritical and ultra-supercritical units, demonstrating our commitment to utilising advanced and efficient technologies. In our pursuit of operational stability and sustainability and addressing the energy needs of various regions, we have secured long-term /medium-term (LT / MT) power purchase agreements (PPAs) for 85% of our capacity and fuel supply contracts for 79% of our domestic coal requirements.
Adani Power: Our Business
Operating Subsidiaries
Subsidiary | Stake | Operational capacity |
Mahan Energen Limited | 100% | 1,200 MW |
(formerly Essar Power MP Limited) | ||
Adani Power (Jharkhand) Limited | 100% | 1,600 MW |
Our Reputation of Multiple Pioneering Initiatives
World's largest greenfield TPP portfolio installed during 2008-2013 - 9,240 MW in six years since foraying in the power sector
India's largest private single-locationcoal-based power project - Mundra power plant
World's first coal-based TPP to be granted carbon credits by the United Nations Framework Convention on Climate Change (UNFCCC) - Mundra (Phase-III)
World's second coal-based TPP to be registered for clean development mechanism (CDM) with UNFCCC - Tiroda (Phase-I)
India's first 800 MW Ultra-supercritical power generation unit - 800 MW Godda Unit 1
World's Lowest footprint (on area/MW basis) for a coal-based power plant - 4,620 MW Mundra TPP spread across only 453 hectares
First in the world to develop a methodology for high voltage direct current (HVDC) power transmission lines under CDM and approved by UNFCCC
Longest HVDC system by private player in India - 989 km 500 kV HVDC bipole line with 2,500 MW transmission capacity
India's first transnational TPP supplying all its generation to Bangladesh - 1,600-MWultra-supercritical TPP in Godda, Jharkhand
First in India to set up a Dedicated Rail Over Rail System for Coal Transportation
India's Largest TPP with seawater-basedclosed-cycle induced draft circulation cooling system - Mundra TPP
India's First & Largest
Sea Water based Flue Gas Desulphurisation Plant - Mundra TPP
Highlights
Getting Stronger than Ever Results in a
Stronger-Than-Ever Performance
Financial performance | ` 60,281 crore | ` 20,829 crore |
and value delivery to | ||
Revenue | PAT | |
shareholders | ||
40% | 94% |
` 28,111 crore | 0.62x |
EBITDA | Net external debt to Equity |
96%
Achievements
Performance and Progress
Stronger Than Ever
This is what being stronger than ever means to Adani Power
Being India's largest private sector | That operates the most efficient, | With class-leadingmine-to-plant |
independent thermal power producer | sustainable and ultramodern fleet | logistics capability |
16,850 MW | 72% | 60 MMTPA |
Power generation capacity (15,250 MW | Supercritical/ultra-supercritical | Coal handling capacity |
operational and 1,600 MW under construction) | units out of current capacity | |
6.3% | 79% | 13 MMTPA |
Share in India's coal+lignite | of domestic fuel-based capacity secured through | Fly Ash handling |
based generation capacity | long- and medium-term (LT/MT) contracts | capacity |
18.1% | 85% |
And committed to ambitious and sustainable expansion plans
9,020 MW
Organic and inorganic capacity expansion planned (including 1,600 MW under construction)
Share in India's private sector coal/ | Capacity contracted through LT/MT |
lignite-based generation capacity | power purchase agreements (PPAs) |
Financial Highlights
Strong Financial Performance
Revenue
(` crore)
FY24 | 60,281 |
FY23 | 43,041 |
FY22 | 31,686 |
FY21 | 28,150 |
FY20 | 27,842 |
PAT
(` crore)
FY24 | 20,829 |
FY23 | 10,727 |
FY22 | 4,912 |
FY21 | 1,270 |
FY20 | (2,275) |
PAT margin
(%)
FY24 | 35 |
FY23 | 25 |
FY22 | 16 |
FY21 | 5 |
FY20 | (8) |
One-time and continuing EBITDA
(` crore)
9,32218,789
FY24 | 28,111 | |
5,772 | 8,540 | |
FY23 | 14,312 | |
5,800 | 7,989 | |
FY22 | 13,789 | |
3,745 | 6,852 | |
FY21 | 10,597 | |
1,285 | 5,774 | |
FY20 | 7,059 | |
One time | Continuing |
EBITDA margin
(%)
FY24 | 47 |
FY23 | 33 |
FY22 | 44 |
FY21 | 38 |
FY20 | 25 |
Finance cost (` crore)
FY24 | 3,388 |
FY23 | 3,334 |
FY22 | 4,095 |
FY21 | 5,106 |
FY20 | 5,315 |
Operational Highlights
Healthy Operational Parameters
Effective capacity (MW)
FY24 | 15,051 |
FY23 | 13,650 |
FY22 | 12,450 |
FY21 | 12,450 |
FY20 | 11,810 |
Plant load factor
(%)
FY24 | 65 |
FY23 | 48 |
FY22 | 52 |
FY21 | 59 |
FY20 | 67 |
Commercial availability under LT PPAs
(%)
FY24 | 90 |
FY23 | 90 |
FY22 | 83 |
FY21 | 89 |
FY20 | 91 |
Sales volume
(Billion Units)
FY24 | 79 |
FY23 | 53 |
FY22 | 52 |
FY21 | 59 |
FY20 | 64 |
Chairman's Quote
Our ambitions are limitless, just like India's. We see a future where our expertise drives infrastructure revolutions, where our green energy initiatives power a sustainable tomorrow, and where our commitment to upliftment transforms communities.
Gautam Adani
Joint Message from Managing Director and Chief Executive Officer
Anil Sardana
Managing Director
S. B. Khyalia
Chief Executive Officer
FY 2023-24 has been an exceptional year for Adani Power, recording outstanding operational and financial performance, soaring to newer heights and setting newer benchmarks. to meet power demand competitively and reliably.
In a testament to our commitment to excellence, we proudly commissioned the 1,600 MW Godda Ultra-supercritical thermal power plant, marking a historic milestone in pioneering a transnational project.
Looking ahead, the opportunities before us are abundant. We have reinforced our position as a pre-eminent player in the industry with large and efficient capacities, cutting-edge technology, operational excellence and a talented workforce.
Adani Power remains committed to fortifying India's energy security. By leveraging our strengths and capabilities, we are diligently building a more agile, responsive and sustainable enterprise. Adani Power will play an ever-increasing role in fulfilling the nation's power demand while addressing environmental concerns and generating enduring value for our stakeholders.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Adani Power Limited published this content on 27 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2024 11:16:37 UTC.