#1पावरग्रिड POWERGRID Investor Presentation August 2022 www.powergrid.in#2Disclaimer पावरग्रिड POWERGRID By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any securities of Power Grid Corporation of India Limited (the "Company"), nor shall part, or all, of this document form the basis of, or be relied on in connection with, any contract or investment decision in relation to any securities of the Company. The information in this document is being provided by the Company and is subject to change without notice. The Company relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. This document contains statements about future events and expectations that are forward-looking statements. These statements typically contain words such as "expects" and "anticipates" and words of similar import. Any statement in this document that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward- looking statements. None of the future projections, expectations, estimates or prospects in this document should be taken as forecasts or promises nor should they be taken as implying any indication, assurance or guarantee that the assumptions on which such future projections, expectations, estimates or prospects have been prepared are correct or exhaustive or, in the case of the assumptions, fully stated in the document. The Company assumes no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements. You acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the Company. Neither the delivery of this document nor any further discussions of the Company with any of the recipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since that date. Annual Accounts for FY2021-22 are still to be approved by the shareholders.#3POWERGRID Overview Performance Highlights Work in Hand Business Outlook Awards पावरग्रिड POWERGRID#4POWERGRID Overview A "Maharatna" CPSE India's 3rd Largest in terms of Gross Block 1 Subsidiary: 26 nos, Joint Venture: 102 nos, Associates : 04 nos Pan-India Transmission network with cross- border interconnections Foot Prints in 23 countries Transmission Lines 1,72,662 ckm • 1,359 nos. 1-As per DPE(Gol) PE Survey 2020-21 2-excl. under closure Credit Ratings पावरग्रिड POWERGRID Domestic • CRISIL • ICRA 'AAA' • CARE International · Moody's 'Baa3' - • S&P Fitch - 'BBB-' At par with sovereign Sub-stations ~ 4,85,750 MVA • 267 nos. IR Capacity 97,290 MW > 85% of India's Capacity#5Performance Highlights Project Execution Operational Performance Financial Performance Other Businesses Commercial Performance पावरग्रिड POWERGRID#6Project Execution-Q1FY23 758 1,482 Capex ■Standalone ■Consolidated 1,332 1,345 पावरग्रिड POWERGRID (in crore) Capitalization Standalone Consolidated Capitalization figures exclusive of FERV Added 765/400/220 kV Bhuj-ll GIS sub-station & augmented transformation capacity at Bhadla and Fatehgarh to facilitate evacuation of renewable energy generation#7Operational Performance-Q1FY23 99.77% 99.79% 99.75% • Availability ■Q1FY22 ■Q1FY23 * Full incentive capped at 99.75% Availability and Trippings per line are on standalone basis. 0.13 0.12 Tripping per line Q1FY22 Q1 FY23 पावरग्रिड POWERGRID#8Financial Performance-Q1FY23 10,285 11,017 (in crore) Standalone Income Growth: 7% PAT Growth #: 15% 6,085 3,766 3,766 3,273 11,169 10,392 Consolidated Income Growth : 7% PAT Growth# : 14% 5,998 पावरग्रिड POWERGRID 3,801 3,801 3,341 Income PAT* PAT# Income PAT* PAT# Q1FY22 Q1FY23 * # excluding Exceptional Item Reported Q1FY22 Q1 FY23#9Financial Performance पावरग्रिड POWERGRID Description Q1FY23 Q4FY22 Q1FY22 STANDA Income - Transmission Charges 10,047 9,817 9,530 - Consultancy – Services 233 252 152 - Telecom 166 153 97 - Other Income 571 720 507 Total Income 11,017 10,942 10,286 Operating Expenses (including movement in regulatory deferral 1,321 1,358 1,168 balance other than DA for DTL) EBITDA-Gross Margin 9,696 9,584 9,118 L ONE Depreciation Interest Exceptional Item Profit before Tax Tax (Net of DA for DTL) Profit After Tax 3,203 3,188 3,027 1,987 1,928 2,097 (591) (3,169) 4,506 5,059 7,163 740 738 1,078 3,766 4,321 6,085 (* in crore)#10Financial Performance पावरग्रिड POWERGRID Description Q1FY23 Q4FY22 Q1FY22 Income - Transmission Charges 10,529 10,300 9,993 - Consultancy – Services 211 234 129 - Telecom 166 153 97 - Other Income 263 381 173 Total Income 11,169 11,068 10,392 Operating Expenses (including movement in regulatory deferral 1,332 1,359 1,181 balance other than DA for DTL) Share of Net Profits of investments accounted for using Equity Method (5) 49 17 EBITDA-Gross Margin 9,832 9,758 9,228 Depreciation Interest Exceptional Item Profit before Tax Tax (Net of DA for DTL) Profit After Tax 3,295 3,279 3,113 1,965 1,917 2,016 (306) (3,014) 4,572 4,868 7,113 771 712 1,115 3,801 4,156 5,998 (** in crore) CONSO IDATED#11Financial Performance Description पावरग्रिड POWERGRID Standalone Consolidated as on 30.06.22 as on 31.03.22 as on 30.06.22 Gross Fixed Assets ( crore) 2,52,053 2,49,954 2,64,838 as on 31.03.22 2,62,726 Capital Work-in-Progress ( crore) 7,018 7,659 13,119 13,299 Debt (crore) 1,28,369 1,29,365 1,28,369 1,29,365 Net Worth (crore) 79,853 76,152 79,984 76,247 Earning Per Share (*) 5.40* 24.51 5.45* 24.12 Book Value per Share (*) 114.48 109.17 114.67 109.31 Key Financial Ratios Debt: Equity Return on Net Worth 62:38 63:37 62:38 63:37 4.72%* 22.45% 4.75%* 22.07% * Not annualised#12Other Key Financial Information * Description Q1FY23 Q1 FY22 Surcharge Income (Consol.) 97 55 Incentive (Consol.) Int. from Subsidiaries & JVs* 149 110 251 231 Int. on differential tariff Dividend from JVs* 142 237 7 Dividend from Subsidiaries* 78 60 Dividend from Associates/Others* 31 CSR Expenses* 101 40 FERV (Gross Block) 767 281 Equity in TBCB- Operational* 2,812 2,592 Equity in TBCB- U/ Constn.* 713 655 Short Term Loan 4,655 On Standalone basis (* in crore) पावरग्रिड POWERGRID#13Telecom and Consultancy Performance Telecom Income: 166 crore 28 new customers added in Q1FY23. • 99.99% Backbone Availability • ◉ ■ Focussed initiatives OPGW leasing agreements with MSPCL and DVC. Partnering with Domestic and International clients for Telecom services. Consultancy Income: 211* crore Consultancy services to Domestic and International clients. International . • . • 03 new assignment in Q1FY23. 15 ongoing assignments. 01 EOIs submitted. Domestic 09 new orders in Q1FY23. 70 ongoing assignments. पावरग्रिड POWERGRID * on consolidated basis#14Commercial Performance Outstanding dues (at end of Qtr) (in crore) पावरग्रिड POWERGRID Billing * 8,451 cr 62.46* 7,080 3,747 Realization * 6,907 cr %age realization 81.73% 3,333 Q1FY22 * Receivable (days' billing) 63.06* 43.69* 5,856 4,312 1,718 2,686 4,138 1,626 Q4FY22 Q1FY23 ■O/s > 45 days O/s < 45 days Major Dues: J&K, Tamil Nadu, Uttar Pradesh and Telangana 2,000 cr outstanding dues with 6 Discoms settled for payment through instalments, in accordance with LPS Rules 2022 notification by MoP on June 03, 2022.#15Other Highlights POWERGRID acquires Khetri Narela Transmission Ltd Establishment of transmission system strengthening scheme for evacuation of power from solar energy zones, in Rajasthan (8.1 GW) under phase II -Part G पावरग्रिड POWERGRID POWERGRID acquires Mohanlalganj Transmission Ltd Establishment of Intra State transmission system of Uttar Pradesh POWERGRID signs Transmission Agreement with Reliance Industries Limited. . . First connecting transmission line for use by a "Bulk Consumer" Implementation of transmission line from ISTS Jam Khambaliya pooling station to RIL's Jamnagar facilities.#16Other related business Smart Metering पावरग्रिड POWERGRID • Potential Opportunity: 25 cr meters, ~1.5 L cr (incl. GBS: 22,500 cr). • Initiated procurement process for End-to-End Smart Metering Solution for 1 cr Smart meters. • Discussion with the States underway for MoU route. •Signed MOU with MGVCL & UGVCL, Gujarat state discoms to implement Advanced Metering Infrastructure (AMI) System for 66 lakh meters. Solar Power Generation . POWERGRID's first commercial Solar PV Project of 85 MW at Nagda. • Feasibility study completed. To be tendered shortly. Preliminary feasibility carried out for additional capacity at Aurangabad, Jabalpur, Khammam, Wardha.#17Work in Hand Ongoing Projects * 8,200 crore Work in Hand: ~52,000 crore New Projects * 28,000 crore FY23 Capex Plan: 8,000 crore पावरग्रिड POWERGRID TBCB Projects 15,800 crore#18Business Outlook ISTS expansion plan 2026-27 10,009 9.355 6,099 4,404 ckm addition 2,028 49.365 52,820 84,695 23,330 6,630 29,904 27,673 पावरग्रिड POWERGRID 26,967 20,525 19,079 MVA addition Estimated Investment(* in cr) 2022-23 2023-24 ■2024-25 ■2025-26 ■2026-27 Investment upto 1.25L cr is expected by FY 2026-27 As per CTUIL Rolling Plan 2026-27#19Awards Best Companies To Work For THE ECONOMIC TIMES Great Place To Work INDIA 2022 POWERGRID - a Great Place to Work® • . • Among Top 100 Best Companies to Work For in India in 2022. India's Best Employers among Nation-Builders 2022. India's Best Workplaces in Public Sector Undertakings 2022. पावरग्रिड POWERGRID#20Awards पावरग्रिड POWERGRID CSR WORLD LEADER 2022 International CSR Excellence Award 2022 • CSR initiative for improving Rural livelihoods and protecting environment through farm centric Integrated Watershed Management. Dun & Bradstreet India Recognized among Dun & Bradstreet India Top 500 Companies 2022 in the Power Transmission & Distribution sector.#21in f ➤ www.powergrid.in Thank You पावरग्रिड POWERGRID