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Resources

Logistics

Energy

Thinking big Doing better

Adani Group Vision, Values and Commitment


To be globally admired leader in integrated infrastructure businesses with a deep
commitment to nation building. We shall be known for the scale of our ambition, speed of
execution and quality of operation.

Logistics
Coal Trading
Coal Mining
Agro

Sea Ports
Railways
Shipping

Power
Generation
Transmission
Trading
CGD

Resources

Energy

India

India:

Largest trader of
Coal.

India:

Generation:

No. 1 Port of India


(cargo handled)

9240 MW thermal
capacity by 2014.

Biggest Private Port


Developer & Operator

40 MW Solar Power
Plant operational

Indonesia:

4 Operating Ports

Transmission:

Resource 269 mn tn
Mine life: 15 yrs

Developing 4 other
terminals# pan India

11 mtpa (peak)

Largest Private Rail.

2923km of
transmission
network.

Mine developer and


operator with 97
mtpa order book

Building an energy
sufficient INDIA
with
world class
Infrastructure and
integrated value
chain

CGD:

Australia

JORC Resource: 11
bn ton
Mine life:100 yrs

Shipping:

Own & operate 4


capesize vessels

Operate in 3 cities in
India.

100 mtpa (peak)

#: Construction completed at coal terminal at Goa and Vizag

Adani Group Thinking Big, Doing Better


No.1 :-

Net Asset (USD mn)


20,000
16,738
15,000

15,762

10,000
5,000

17,273

12,822
3,077

5,654

Commercial Port in India

Coal Import Terminal at Mundra

Private Power Producer in India

Mine Developer and Operator in India

Trader of coal in India with consistent share of

FY09

FY10

FY11

FY12

FY13

FY14

EBIDTA (USD mn)


2,000

1,700

1,500
1,000

1,084

about 50%

1,271

1,000
500

200

384

Edible Oil Company in India in terms of market share

FY09

FY10

FY11

FY12

FY13

FY14

Resources

Logistics

Coal Trading

Sea Ports

Coal Mining

Railways

Energy
Power
Generation
Transmission

Coal: Indigenous Supply Deficit to Continue


Increasing Demand-Supply Gap

Growing Demand
Units in MMTPA

25%

70
70

2
36
602

2012

200
100

981

640

900

841

2017

Mining (AEL)

185

1200

14%
6%

234
100
981*

1200*

640*

2020
Imports (AEL)

Indigenous Supply

Deficit in India

* Annual Demand
CIL & Other Imports

AEL Market Share

Adani : Key Supplier to growing coal Demand


in India

Coal demand driven predominantly by

Coal imports to cater the deficit arising from


the demand-supply gap.

Indigenous supply to grow at slow pace of


7.5% against demand growth of 8.2%,

Indian Power Sector estimated to reach

increasing the deficit from 15.6% in FY12 to

~288 GW by 2017 from 245 GW as on 30th

19.5% in FY20

Apr 14.
Source: Ministry of Coal/XIIth FYP & Plan Working Group.

Coal imports to grow at 11.2% p.a. over 20122020


5

Coal Trading : Largest Integrated Coal Management


Multi-Country
Procurement

Financing

120

Customer
Account
Management

Multi modal
Logistics

100

100
46

60
40
20

Consistent market
share of

70

80

10

19

29

33

~50%

36
Yamunagar
Suratgarh
Hissar

Panipat
Harduaganj
Tanda Vindyachal

Dadri
Kota

Unchahar

Parichha
Chhabra

Kahalgaon

Rihand

Kandla
Mundra
Bedi

Panki

Wanabori
Gandhinagar
Navlakhi
Dahej
Koradi
Hazira

Sipat
Korba
Tiroda

Mejia

[Talcher]

Sagardighi
Bakreshwar
Bandel
Durgapur
Kolaghat
Haldia

Paradip

Chanderpur

Badarpur

Indonesia
Tarakan
Samarinda

Parli
Ramagundam

Vishakhaptnam
Simhadri
Gangavaram
Kakinada

Kondapalli

Muara Satui
Goa

Indonesia

Tanjung
Pemancingan

Ennore
North Chennai

Richard Bay

South
Africa

Tanjung Bara
Bontang

Mettur Tuticorin

Tuticorin

Queensland

Australia

Ports
Locations served

Map not to scale

Coal Mining: Largest Mine Developer & Operator


Land
Acquisition

MundraKandla

Chhendipada

Dahej Port
Hazira Port
Vizag
Mormugao Port

Parsa

Machhakata

Develop, Plan,
Operate &
Manage
Mining
Operations

Parsa Kente

Ports
Mining Locations

Chhattisgarh

State
Parsa Kente

Mine

Parsa

Orrisa

Kente
Extension

Machhakata

Chendipada

(RRUVNL)

(MGCL)

(UCMCCL)

(RRUVNL)

(CSPGCL)

27.67

12.52

17.00

20.43

21.91

452

150

200

1244

1589

Capacity at peak
level (MMTPA)

15

30

40

Overall Stripping
Ratio

5.16

5.46

5.10

2.44

2.75

Commencement
of Production

Started
Jan 13

2016

2017

2015

2016

Block Area (Sq Km)


Mineable
Reserve (Mn MT)

Establishment
of Washery &
Rejects based
Power Plants

Logistic
Solutions

Notes:
1. RRVUNL Rajasthan Rajya Vidyut Utpadan Nigam Limited ; 2. MGCL Mahaguj Collieries Ltd. ; 3. CSPGCL Chhattisgarh State Power Generation Company
Limited 4. UCMCCL - UCM Coal Company Limited

Coal Mining: Indonesia


Bunyu Island

Coal Mining

Indonesia

Particulars

Capacity

Location

Bunyu Island,
Indonesia

Resource

269 MMT (JORC)

Peak Capacity

11 MMTPA

Current Capacity

7 MMPTA

Coal Crushing

Coal Loading

Coal Mining: Carmichael Coal Mine


Proposed Rail
Connectivity

Acquisition

Adani Mining Pty Ltd, entered into Asset


sales agreement with LINC Energy in
August, 2010 for ownership of EPC 1690

Location

Galilee Basin - Queensland, Australia

Resource Base

Thermal Coal 11.04 Bn Tonnes (JORC)

Production
Target

Phase I : 40 MTPA

Status

EIS approved for Carmichael Mine & Rail


project
EIS filed for NGBR Project
EIS Environment Impact Statement
NGBR North Galilee Basin Rail

Agro
Edible Oil
Joint venture with Wilmar , Singapore
FORTUNE - Indias number 1 edible oil brand with more than 20% market share
(AC Nielson)
Revenues in excess of $ 2.5 Bn
Volumes more than 3.5 MMTPA
Major Exporter of Castor Oil/derivatives and Soya De-oiled cake
Manufacturing facilities spread across 18 locations pan India with 10k refining
& 7k crushing capacity

Agri
Fruits
AgriInfrastructure:
Infrastructure:
Fruits

Capacity of 21000 MT of storage of Apple


State of Art Control Atmosphere Storage facility at 3 locations in Himachal
Pradesh
Distribution set up across India under brand Farm-Pik

One of largest importer of fruits into India


Agri
Food
Grains
AgriInfrastructure:
Infrastructure:
Food
Grains

Operates storage capacities of 6,00,000 MT across 7 locations across India


Another 3,50,000 MT in development across 7 locations in Madhya Pradesh
State of Art mechanized storage facilities with private railway siding
Operates storages facilities under Build Own Operate model for FCI for 20 years

10

Resources

Logistics

Coal Trading

Sea Ports

Coal Mining

Railways

Energy
Power
Generation
Transmission

Ports & Logistics: Unique Asset Profile


Indias Gateway for International Trade
Terminals : Operational

Terminals: Being Developed

4 Ports having 14 terminals with 33 berths *(Mundra,


Dahej, Hazira & Dhamra)
2 inland container depots at Patli (Punjab) and
Kishangharh (Rajasthan) in the north of India

Trial Runs at: 1 Coal terminal each at Vizag port


and Mormugao Port
1 bulk terminal with total 4 berths at the Kandla
1 container terminal with 1 berth at the Ennore

Energy Gateway
Crude Crude Products Imports

Coal: Feeding Power Projects Across India

2 operational SPM. Potential to develop 2 more


SPM at Mundra Port
LNG Terminal being developed

PAN India network of ports and terminals to


handle coal cargo

Availability of Adequate Draft: Only Deep Draft Ports and Terminals of West India
Deep water drafts: 17.5 20 Mtrs at Berth & 32 Mtrs at SPM at Mundra
Accommodates cape size bulk vessels & container cargo vessels of >14,000 TEUs, and
Very large crude carriers (VLCCs) of up to 360,000 DWTs

Supporting Facilities
Mobile harbor cranes, conveyors, port crafts and other equipment and back-up and storage areas
Two ICDs at Patli and Kishanghar, to provide an outreach to land locked northern India
6,641 hectares SEZ- Opportunity to expand storage and back up area

Port Craft and Mechanization


Fleet of 13 dredgers capable of doing capital dredging across various marine conditions
22 tug boats which are used to maneuver vessels inside out the port terminals

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Ports & Logistics: Integrated Service Provider with a strategic location


Anchorage

Pilotage

Tug Pulling

Servicing Northern Western & Central Hinterlands

Berthing

Handling

Internal
Transport

Storage &
Value Add

Evacuation
(Rail-Road)

Natural Advantages at Adani Ports


Location Advantages:
Close to one of the major global maritime trade routes
Bridging the resource rich Middle East, Africa and Australia, and regions
with high resource demand and consumer exports in East and North Asia
and Europe
Assets positioned on western and eastern coast of India to strategically
service the land locked hinterland.
Ample land available for development of incremental storage and
evacuation infrastructure
Marine Advantages:
Ability to berth larger vessels, deeper natural drafts with lesser
maintenance dredging requirements
Connectivity Advantages:
Low transit time to reach northern, western & central hinterland
Rail routes traverse through the sparsely populated desert regions of
Kutch and Rajasthan
Well connected rail and road infrastructure to Mumbai & Delhi, key
industrial hubs of India.

13

Ports & Logistics: Only PAN India Port Company


Particulars

Mundra Dahej Hazira Dhamra

Goa

Vizag

Kandla Ennore

Only indigenous PAN India Port Company

Capacity (mmt)
Bulk

100

20

15

24

10

Crude

50

1.5

210

20

35

24

10

LNG

Bulk

40

20

Container
(mn TEUs)
Operational

Containers
(mn TEUs)

Being Developed

45

Total Capacity

255

20

Status
Expansion

35

Kishanghar

1.4

20

18

30

10

20

18

FY 16

FY 17

Operational

Trial Runs

Patli

Berth Lengthmtr

6384

566

1,580

800

300

310

1200

780

Mechanisation

Road

Rail

Pipeline

Air

NIL

NIL

3% >
10yrs

5%

20%

40%

25%

37%

Mundra
Kandla
Dahej
Hazira

Mormugao

Dhamra
Vizag

Ennore

Connectivity

Revenue Share
Tariff Fixation

Commercially Negotiated

A network of Multi Purpose Terminals, Coal


Handling facilities and Container Terminals
across India

Regulated

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Ports & Logistics: Key Milestones

2009
Automobile handling
2005
terminal commences
First non-captive Single
operations
point mooring facility in
India at Mundra Port
A double-stack container
train began operations

2011
Terminal at Dahej becomes
operational
20 million MT capacity now
60 million MT of handling
capacity-commissions the worlds
largest coal import terminal at
Mundra

2013
Mundra port
becomes 2nd largest
in India
Hazira became
operational

2003
First container
terminal, Mundra
International
2001
Container Terminal
Commences
commences
commercial
operations
operations
Sets up first
commercial
terminal

2010
Hazira: Sub - Concession
signed

2002
4 million MMT of cargo-Mundra
becomes largest private port in
India
Agreements signed with IOC and
HMEL for setting up SPM and
crude oil handling at Mundra

2007
Initial public offering of shares
oversubscribed 117 times
Operations Commenced:
Multi Purpose Terminal II
Container terminalII
Dahej: Sub-Concession Signed

2012
Doubling of the rail connectivity
between Mundra and Adipur
completed
Operations Commenced:
Container terminal - III
Name changed to Adani Ports and
Special Economic Zone Limited

2014
Mundra handles 101 mtpa of
cargo
Only port in India to handle
such large volumes
CT III assets operations by
AICTPL 50-50 JV APSEZLMSC
Terminals at Mormugao and
Vizag complete constructions
APSEZL signs definite
agreement to acquire DPCL
marks its foot steps on eastern
coast of India

15

Ports & Logistics: The Differentiating Factors


Capacity & Cargo Handled (million MT)
200

Liquid

150

Container
82

100

94

Dry

58

65

50

Cargo
Handled

0
Mundra

Kandla

Mumbai

JNPT

Capacity utilization at competing ports


is very high leading to congestion in
operations
Capacity expansion at competing ports
is bound to take time and will be
capital intensive

Berth Occupancy
100%
80%

Mundra

60%

Kandla

40%

Mumbai

20%

JNPT

Investments at our Ports have been


done to ensure readily available
capacity to handle additional cargo
without any congestion

0%
Dry

Liquid

Containers

Turn Around Time (in days)

12

Mundra
7

2
2

6
1 1 2.0

Dry

Kandla

Liquid

3
1 2 1

Mumbai

Mundra Port provides the best vessel


turn around time in the region ensuring
advantage to customers

JNPT

Containers

16

Ports & Logistics: Cargo Diversity Key Feature


3C: Coal, Container & Crude Traffic to Drive Volume in India
Cargo Handled in MMT)

3,000
2,000
1,000

233

318

131

188

221

2,019

16

912

0
FY12

Coal Containers Crude

Iron Ore Fertilizers Others

Coal: Critical for Indias Energy Requirements Increasing Containerization


TEUs

MMT
1,200
981
900

APSEZLs Capability

795
696

600

559

300

No. 1 port to

requirements of

15

India

10

FY12

FY17E

Total Demand
Indigenous Supply

imports

APSEZLs Capability

Increasing crude imports


MMT
450

APSEZLs Capability
358 364

No.1 port in India

25
20

Indian coal

31

30

service coal

Services ~20% of
0

35

FY17

No. 2 port to

300

handle
12

containers in

offshore single
184 190

Long Term

Equipped to

FY12 FY17E
Container traffic

handle up to 14K
TEUs vessels

point mooring
facilities

150

India;

2 operational

Contracts with

IOCL, HPCL,
FY12 FY25E
Refining Capacity
HMEL
Crude Requirement

Sources: Ministry of Shipping (GoI), Ministry of Road Transport and Highways (GoI), Indian Ports Association

17

Ports & Logistics: Growth Strategies


Pursue Benefits of Both Long-term and Short-term Arrangements
with Customers

To enhance existing long term as well as short term


customer relationships for steady mix of contracted and
spot cargo

Try to convert short and medium term arrangements


into long term arrangements

Plan to continue to increase the amount of cargo


pursuant to these arrangements by increasing our
capacity and continuing to refine our operating
procedures

Focus on Increasing Margins from Our


Operational Facilities

Focusing on revenue maximization and cost


optimization

Focus on providing various value add services at the


port to enhance the revenue horizon above marine,
handling, storage and evacuation incomes.

Implementing globally benchmarked operational


practices for reduction in operating costs

Use of information technology and mechanization


at port facilities to reduce turnaround times,
pilferage and wastage and resulting into minimal
human intervention.

Establish Pan-India Presence

Facilities in operation are positioned in West and South


Gujarat to service northwest, west and central India

Developing terminals at the Mormugao Port and the


Vizag
Port to expand presence to southwest and southeast
India

Growing presence on East coast with Vizag terminal

Growth on East coast through organic and inorganic


means

Become Gateway for Energy Resource


Imports to India

APSEZL

Mundra already the enegry gate way fro India.

Focusing on coal and crude oil cargo services and


providing connectivity to power plants and
petroleum refineries
All adani ports equipped to handle coal cargo

For crude oil cargo, two operational single point


mooring facilities and have the potential to develop
two additional single point mooring facilities at the
Mundra Port
Potential to develop an LNG Terminal

Offer Customers Multi-cargo Ports and Related Infrastructure


Positioned growth plans to accommodate the diversity of throughput by developing multi-cargo ports and infrastructure to cater to the diverse cargo needs of
the customers

18

Resources

Logistics

Coal Trading

Sea Ports

Coal Mining

Railways

Energy
Power
Generation
Transmission

Power: Sectorial Demand continue to rise


Peak & Energy Deficit : Year-wise

Units in GW

17%
14%
12% 12%
7%

8%

9%

Installed Capacity in India - Category

12% 13% 13%


11%
11% 9%
10%
10%
9%
8% 9%

347
288

5%
5%
4% 4%

32
19
57

25
10
50

200
25
5
39

240

204

132
Peak Deficit

Energy Deficit

2012

Average Deficit in the Last Decade:


Peak deficit: 12%;
Energy deficit: 9%

2017

Thermal

Nuclear

Renewables

India Installed Capacity: 245 GW*

Lowest per capita electricity consumption


Thermal
168 GW

16000
14000

Hydro

2020

13361

Hydro
40 GW

12000
10000
8000

6460

6000

Other
32 GW

5741
2942

4000

2384
884

2000

Nuclear
5 GW

USA

Russia

UK

China

Brazil

Source: 11th & 12th FYP, Ministry of Power, CEA


* As on 30th Apr 2014

India

20

Power: Generation & Transmission


Adani Power projects are in high growth & better managed
states of India. Also these states have financially strong SEBs

Power Generation
SN

Kawai
Commissioned:
1,320MW

Location

Capacity
(MW)

Operation
(MW)

Mundra (Gujarat)

4,620

4,620

Tiroda (Maharashtra)

3,300

2,640

Kawai (Rajasthan)

1,320

1,320

9,240

8,580

Mohindergarh

Total - Implementation
Dehgam

Power Transmission
Mundra
Commissioned:
4,620MW

Aurangabad

SN

Warora

Connecting Locations

Length (Kms)

Tiroda

*Mundra Dehgam
1000 MW, 400 KV

433
Operational

Commissioned:
2.640MW
Under Implementation:
660 MW

*Tiroda Warora
1000 MW, 400 KV DC

200
Operational

*Mundra Mohindergarh
2500 MW, 500 KV HVDC

1,000
Operational

Tiroda Aurangabad1
4500 MW, 765 KV SC

40 MW Operational Solar Power Project1 in Gujarat


*Transmission lines are part of inter-state transmission system

Total

1,290
Operational#
2,923

Notes: 1. Project under AEL Subsidiary


# Line 1 operational

21

Power: Fuel Security & Off-take in Place


Total
Capacity
(MW)

Customer

Gujarat - GUVNL
(330x4)

1,320

1,000

2.89

Coal Availability
Qty (MMT)

1,320

Haryana - UHBVNL &


DHBVNL
(660x3)

1,980

Mundra 4,620
Maharashtra - MSEDCL
(660x2)

Maharashtra - MSEDCL
(660x3)

1,320

660

1,000

475 + 949

1,320

Aug-12 /
FSA signed for 6.4 MMT
Feb-13

2.64

3.28**

Tiroda 3,300

3,085

1,320

1,200

1,320
9240

1,200
7709^

^ PPA Capacity 92% of Net capacity

6.4

CERC final order


received; full
coal cost pass
through
CERC final order
received; full
coal cost pass
through

16.6

125 + 440
1200

Kawai

2.94

10.2

Feb-12

3,424

1,320

Rajasthan - RRVPNL
(660x2)

2.35

Coal
Tariff revision
Required
requested
(MMT)

Feb-10
Imported Coal

Gujarat - GUVNL
(660x2)

Grand Total

Capacity
Levelised
PPA starts
contracted
tariff
from
(MW)
(INR/unit)

Aug-12

FSA signed for 4.91 MMT

FSA - Tapering linkage


Aug-14 / signed for 800 MW
Feb-17
Apr-14

MoU signed for 3.39 MMT

8.3

MERC final
order received;
full coal cost
pass through

5.5
13.8

3.24**

Aug-13

MoU signed for 3.39 MMT

5.5

5.5
35.9
**Fuel & Fuel Transportation are linked to CERC escalation index in PPA tariff

22

Power: Compensatory Tariff

Compensatory
tariff
APL Phase III/IV

APML Phase I / II

SCOD to 31-Mar-13 - Rs 830 crs and shall be recovered in 36


monthly EMIs from the date of the order

1-Apr-13 to 28-Feb-14 - The compensatory tariff for the period


works out - Rs 0.85/kwh for Gujarat Bid 02 PPA and
Rs 0.36/kwh for Haryana PPA, and shall be recovered in 12
monthly EMIs in accordance with the order

CERC final order entitles Adani Power for full coal cost pass through

Petition filed in MERC for for MSEDCL 1320 MW PPA to overcome


the hardship due to non-availability of captive coal mine

MERC final order entitles APML for compensatory energy charge for
supply over and above 520 MW in the 1,320 MW PPA

Compensatory energy charge at the current level of linkage (25%) for


800 MW works out to Rs. 1.01/kWh

Compensatory
tariff

CERC final order on compensatory tariff entitled Adani Power for


recovery of past losses

23

Power: Other Developments


Pass through of additional imported coal cost

CCEA Directive

Imported coal may be used to mitigate domestic coal shortage and


incremental coal cost will be considered for pass-through over and
above existing PPA tariff

Ministry of Coal has issued suitable orders supplementing the New


Coal Distribution Policy and MoP has issued appropriate advisory to
regulators

12th Plan Power Projects having PPA

Government has asked CIL to work out modalities to provide long


term coal linkage to these projects

Accordingly, till the time long term linkage is awarded CIL has agreed
to provide coal to APRL (1320 MW) and APML Ph III (1320 MW)
through MoU route. MoUs were signed for 3.39 MMT of Coal
quantity for each project.

CIL has allowed inter plant coal swapping which will result in overall
benefit due to savings in logistics cost and improved availability of
coal to hinterland plants

We have requested for conversion of 800 MW Tapering linkage


(Received by APML in lieu of cancelled Lohara mine) into long term
linkage

Other
Developments

24

Legal disclaimer
Certain statements made in this presentation may not be based
on historical information or facts and may be forward-looking
statements, including those relating to general business plans
and strategy of Adani Enterprises Limited (AEL) and Adani
Ports and Special Economic Zone Limited (APSEZ) & Adani
Power Limited (APL), their future outlook and growth
prospects, and future developments in their businesses and
their competitive and regulatory environment, and statements
which contain words or phrases such as will, expected to,
etc., or similar expressions or variations of such expressions.
Actual results may differ materially from these forward-looking
statements due to a number of factors, including future
changes or developments in their business, their competitive
environment, their ability to implement their strategies
and initiatives and respond to technological changes and
political, economic, regulatory and social conditions in India.
This presentation does not constitute a prospectus, offering
circular or offering memorandum or an offer, or a solicitation
of any offer, to purchase or sell, any shares and should not
be considered as a recommendation that any investor should
subscribe for or purchase any of AELs shares. Neither this
presentation nor any other documentation or information (or
any part thereof) delivered or supplied under or in relation
to the shares shall be deemed to constitute an offer of or an
invitation by or on behalf of AEL.
AEL, as such, makes no representation or warranty, express
or implied, as to, and does not accept any responsibility or
liability with respect to, the fairness, accuracy, completeness
or correctness of any information or opinions contained
herein. The information contained in this presentation, unless
otherwise specified is only current as of the date of this
presentation.

AEL assumes no responsibility to publicly amend, modify or


revise any forward looking statements, on
the basis of any subsequent development, information or
events, or otherwise. Unless otherwise stated in this document,
the information contained herein is based on management
information and estimates. The information contained herein is
subject to change without notice and past performance is not
indicative of future results. AEL may alter, modify or otherwise
change in any manner the content of this presentation, without
obligation to notify any person of such revision or changes.
No person is authorized to give any information or to make
any representation not contained in and not consistent with
this presentation and, if given or made, such information
or representation must not be relied upon as having been
authorized by or on behalf of AEL. This presentation is strictly
confidential.
This presentation does not constitute an offer or invitation
to purchase or subscribe for any securities in any jurisdiction,
including the United States. No part of its should form the
basis of or be relied upon in connection with any investment
decision or any contract or commitment to purchase or
subscribe for any securities. None of our securities may be
offered or sold in the United States, without registration under
the U.S. Securities Act of 1933, as amended, or pursuant to an
exemption from registration therefrom.
This presentation is confidential and may not be copied or
disseminated, in whole or in part, and in any manner.
This presentation contains translations of certain Rupees
amounts into U.S. dollar amounts at specified rates solely for
the convenience of the reader.

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