Sustainable Growth and Beyond

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Sustainable Growth and Beyond \\dccpc6\DCCPC6-D_Current_Jobs\Annual Report\20900208_Tata Power_AR_2k8-2k9 Energy SUSTAINABLE Social conservation GROWTH responsibility awareness AND BEYOND Thrust on renewable energy Energy effi ciency Reduction in carbon footprint Call on TOLL FREE investor Helpline for any shareholder information at 1800-22-8775 / 1800-209-8484 220900208_Tata0900208_Tata PPower_AR_2k8-2k9_Coverower_AR_2k8-2k9_Cover 11-4.indd-4.indd 1 66/26/2009/26/2009 11:08:50:08:50 AAMM \\dccpc6\DCCPC6-D_Current_Jobs\Annual Report\20900208_Tata Power_AR_2k8-2k9 REWARDS & RECOGNITION SUSTAINABLE GROWTH AND BEYOND As India’s largest Integrated Private Power Utility, we at Greentech Safety Award 2009 in Gold Category in Power Sector for Trombay Thermal Power Tata Power are conscious of our role as sustainability stewards to embrace the challenges of climate change Station. and lead the path for growing responsibly. Civic Award instituted by Bombay Chamber of Commerce and Industry for the Year 2007-08. Our commitment to growth with responsibility has been First prize in ash management from Jharkhand State Pollution Control Board for Jojobera categorical and consistent. Our sustainability initiatives comprise investment in clean coal technologies, building Thermal Power Station. a strong renewable portfolio based on wind, solar and geothermal, thrust on bio-diversity conservation, Bhira and Bhira Pump Storage Scheme adjudged as second best performing station streamlining water use and planting thousands of trees (Silver Shield) in the country for the year 2007-08. This is the second consecutive year Bhira in the vicinity of our plants to reduce our carbon footprint. division has won this award. We are continuously on the lookout for eco-friendly technologies and are undertaking various projects under Power Deal of the Year by Power Finance International in their year book 2009 for the Clean Development Mechanism including wind projects 4,000 MW Ultra Mega Power Project (UMPP) at Mundra. and various small scale energy effi ciency projects. Power Deal of the Year by the Infrastructure Journal Awards 2008 for Mundra UMPP. We have also created a sustained platform for the youth of the country called Tata Power Energy Club to practise Green Governance Award from Bombay Natural History Society for CSR activities, for the year energy conservation and lead the national movement 2007-08. for social transformation to reduce wasteful use of energy and protect our resources and environment. ICAI Awards (Gold Shield) for Excellence in Financial Reporting for the Annual Report and Guided by our overarching vision, we continue to help Accounts of the organization for the year ended March 31, 2008 in the ‘Infrastructure & improve the quality of life of the communities in and Construction Sector’. around our areas of operation, through sustainable development programs focused on livelihood National Par Excellence, Excellence and Distinguished awards won at NCQC, Vadodara by our generation, health and education and infrastructure 10 Quality Circle teams. development. Tata Power. There’s more to business than power. The children on the cover page are the fi rst four energy champions of the Tata Power Energy Club. Designed, processed and printed by 220900208_Tata0900208_Tata PPower_AR_2k8-2k9_Coverower_AR_2k8-2k9_Cover 11-4.indd-4.indd 2 66/26/2009/26/2009 11:08:55:08:55 AAMM Highlights Of The Year Consolidated revenues from operations up by 61% at Rs. 17,587.53 crores. Consolidated PAT at Rs. 1,218.74 crores, an increase of 16%. Annual Generation highest at 14,807 MUs. Commissioned 250 MW ‘Unit 8’ at the Trombay Thermal Power Station. Commissioned 90 MW in Haldia. Commissioned additional 80.6 MW wind power capacity in Gujarat, Karnataka and Maharashtra. revenue up by 61% 220900208_Tata0900208_Tata PPower_AR_2k8-2k9_43ower_AR_2k8-2k9_43 3 66/25/2009/25/2009 111:58:591:58:59 PPMM PROFITS AND BEYOND Financials At A Glance Tata Power: Key Figures 8000 7000 6000 Rs. crores FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 5000 4000 Revenues 3000 Revenues from operations 3803 4300 4239 3930 4563 4715 5916 7236 from 2000 Operations 1000 0 Other Income 265 152 160 387 326 344 498 632 2005 2006 2007 2008 2009 1000 PBDIT 1161 1336 1447 1340 1161 1067 1435 1773 800 600 PBT 672 677 734 759 747 586 970 1117 Profi t 400 After Tax PAT 508 520 509 551 611 697 870 922 (PAT) 200 0 2005 2006 2007 2008 2009 Net Profi t after Tax and Statutory 381 450 467 555 575 674 811 968 Appropriations 50 40 Basic Earnings Per Share (EPS) – 19.27 22.74 23.56 28.02 29.03 34.02 38.64 43.69 Rs./Share 30 20 Earnings Dividend Per Share (%) 50% 65% 70% 75% 85% 95% 105% 115% Per Share 10 (EPS) 0 Return on Capital Employed 2005 2006 2007 2008 2009 17% 18% 18% 14% 13% 12% 12% 11% (ROCE) (%) 8000 7000 Return on Networth (RONW) (%) 14% 14% 13% 15% 14% 15% 13% 14% 6000 5000 Total Debt/Equity 0.66 0.51 0.34 0.56 0.50 0.60 0.38 0.6 4000 Networth 3000 2000 Networth 2819 3201 3536 3619 4010 4467 6363 7185 1000 0 2005 2006 2007 2008 2009 2 220900208_Tata0900208_Tata PPower_AR_2k8-2k9_44ower_AR_2k8-2k9_44 4 66/25/2009/25/2009 111:58:591:58:59 PPMM Financial Highlights The Company’s revenues from operations increased Tata Power Trading Company Limited (TPTCL): TPTCL’s 22.3% to Rs. 7,236.23 crores as compared to revenues increased 146.2% to Rs. 2,171.93 crores from Rs. 5,915.91 crores in the previous year. Rs. 882.12 crores in the previous year. PAT also increased to Rs. 7.63 crores from Rs. 4.30 crores in the previous year. Profi t After Tax (PAT) stood at Rs. 922.20 crores as against Rs. 869.90 crores for the previous year, a growth of 6%, the highest so far. Powerlinks Transmission Limited (Powerlinks): The revenues of Powerlinks, the fi rst public-private joint Net Profi t After Tax and Statutory Appropriations venture in power transmission in India, increased 3.79% stood at Rs. 967.50 crores as against Rs. 811.31 crores for to Rs. 254.49 crores from Rs. 245.21 crores in the the previous year, an increase of 19.25%. previous year. PAT also increased to Rs. 65.34 crores from Rs. 58.41 crores in the previous year. Dividend recommended at Rs. 11.50 per share, the highest ever so far. North Delhi Power Limited (NDPL): NDPL’s revenues The Company’s consolidated revenues from operations from power supply increased 7.90% to Rs. 2,467.87 crores increased 61.49% to Rs. 17,587.53 crores as compared from Rs. 2,287.23 crores in the previous year. PAT for the to Rs. 10,890.86 crores in the previous year. current year is lower at Rs. 171.47 crores as compared to Rs. 281.58 crores in the previous year primarily on The consolidated PAT for the year stood at Rs. 1,218.74 crores as against Rs. 1,055.07 crores for the account of an exceptional credit of Rs.182 crores in the previous year, an increase of 15.51%. previous year. 3 220900208_Tata0900208_Tata PPower_AR_2k8-2k9_45ower_AR_2k8-2k9_45 5 66/25/2009/25/2009 111:58:591:58:59 PPMM CORE EFFORTS AND BEYOND Operational Highlights Of The Year The Company generated 14,807 Million Units (MUs) lower on account of the restriction imposed by Krishna of power from all its power plants during the year as Water Dispute Tribunal Award. compared to 14,717 MUs in the previous year. The Jojobera Thermal Power Station recorded a generation of 3,009 MUs during the year as compared to 2,862 MUs The Trombay Thermal Power Station generated 9,845 MUs in the previous year, an increase of 5.14%. The power during the year as compared to 10,002 MUs generated in station achieved the highest ever generation, crossing the the previous year, a decrease by 1.57%. The generation 3,000 MUs mark for the fi rst time while surpassing the was lower on account of major overhaul of Unit 6 and previous record of 2,862 MUs in FY08. Unit 7. The Belgaum Independent Power Plant generated 447 MUs The three hydro stations collectively generated 1,151 MUs during the year as compared to 237 MUs in the previous during the year, as against 1,489 MUs generated in the year, an increase of 88.61% due to increased demand from previous year, a decrease of 22.7%. The generation was Karnataka Power Transmission Corporation Ltd. 4 220900208_Tata0900208_Tata PPower_AR_2k8-2k9_46ower_AR_2k8-2k9_46 6 66/25/2009/25/2009 111:58:591:58:59 PPMM NETWORK AND BEYOND A Pan India Presence (As on 28th May, 2009) EXISTING OPERATIONS PROJECTS UNDER IMPLEMENTATION THERMAL POWER THERMAL POWER HYDRO POWER HYDRO POWER WIND POWER WIND POWER TRANSMISSION BUSINESS DISTRIBUTION BUSINESS SED Delhi Bhutan Maithon Mundra Samana Jojobera/Jamshedpur Haldia Bhivpuri Sadawaghapur Khopoli Trombay Supa Mumbai Pune Khandke Bramanvel EXISTING OPERATIONS Bhira Visapur PROJECTS UNDER IMPLEMENTATION Gadag Mumbai, Maharashtra Belgaum Thermal Projects (Trombay - 1,330 MW + Unit 8 - 250 MW + Hydro - 447 MW) 2,027 MW Mundra, Gujarat 4,000 MW Jojobera, Jharkhand 428 MW Maithon, Jharkhand 1,050 MW Bengaluru Belgaum, Karnataka 81 MW Haldia 30 MW Haldia, West Bengal 90 MW Jojobera 120 MW Power House 6, Jamshedpur 120 MW Supa, Maharashtra 17 MW Wind Farms Khandke, Maharashtra 50 MW Samana 20.8 MW Bramanvel, Maharashtra 11.25 MW Sadawaghapur 2.5 MW Gadag, Karnataka 36 MW Gadag 14.4 MW Samana, Gujarat 30 MW Visapur, Maharashtra 9.6 MW Sadawaghapur, Maharashtra 15 MW North Delhi (Distribution) 850 MW Hydro Project Tala Transmission 1,200 KM Bhutan 114 MW Graphical representation.
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