GE T&D India Limited has informed the Exchange regarding Investor Presentation
GE T&D India Limited (formerly ALSTOM T&D India Limited) L31102DL1957PLC193993
T-5 & T-6 , Plot I-14, Axis House, Jaypee Wishtown, sector-128, Noida-201304, Uttar Pradesh
T +91 120 5021500 F +91 120 5021501
https://www.ge.com/in/ge-td-india-limited
August 29, 2019
The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street MUMBAI 400 001
The Manager Listing Department National Stock Exchange of India Ltd Exchange Plaza, Bandra Kurla Complex, Bandra (East)
MUMBAI 400 051
Code No. 522275
Symbol: GET&D
Dear Sir,
Sub :
Analyst/ Investor m eetings presentation
Further to our letter dated August 29, 2019, enclosed please find a copy of the presentation made in Analyst/ Investor m eetings h e ld to d ay .
You are requested to take note of the same.
Thanking you,
Yours faithfully,
For GE T&D India Limited
Manoj Prasad Singh Company Secretary
Regd Office: A 18, First Floor, FIEE Complex, Okhla Industrial Area, Phase II, New Delhi - 110020 (India). T +91 11 41610660 F+91 11 41610659
GE T&D India Limited Overview
August 29, 2019
Confidential. Not to be copied, distributed, or reproduced without prior approval.
Sunil Wadhwa
Gaurav M. Negi
GE T&D India Limited Overview
August 29, 2019
Confidential. Not to be copied, reproduced, or distributed without prior approval.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS: This document contains "forward-looking statements" – that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. For details on the uncertainties that may cause our actual future results to be materially different than those expressed in our forward-looking statements, see http://www.ge.com/investor-relations/disclaimer-caution-concerning-forwardlooking- statements as well as our annual reports on Form 10-K and quarterly reports on Form 10-Q. We do not undertake to update our forward-looking statements. This document also includes certain forward-looking projected financial information that is based on current estimates and forecasts. Actual results could differ materially. to total risk-weighted assets.]
NON-GAAP FINANCIAL MEASURES: In this document, we sometimes use information derived from consolidated financial data but not presented in our financial statements prepared in accordance with U.S. generally accepted accounting principles (GAAP). Certain of these data are considered “non-GAAP financial measures” under the U.S. Securities and Exchange Commission rules. These non-GAAP financial measures supplement our GAAP disclosures and should not be considered an alternative to the GAAP measure. The reasons we use these non-GAAP financial measures and the reconciliations to their most directly comparable GAAP financial measures are posted to the investor relations section of our website at www.ge.com. [We use non-GAAP financial measures including the following: • Operating earnings and EPS, which is earnings from continuing operations excluding non-service-related pension costs of our principal pension plans. • GE Industrial operating & Verticals earnings and EPS, which is operating earnings of our industrial businesses and the GE Capital businesses that we expect to retain. • GE Industrial & Verticals revenues, which is revenue of our industrial businesses and the GE Capital businesses that we expect to retain. • Industrial segment organic revenue, which is the sum of revenue from all of our industrial segments less the effects of acquisitions/dispositions and currency exchange. • Industrial segment organic operating profit, which is the sum of segment profit from all of our industrial segments less the effects of acquisitions/dispositions and currency exchange. • Industrial cash flows from operating activities (Industrial CFOA), which is GE’s cash flow from operating activities excluding dividends received from GE Capital. • Capital ending net investment (ENI), excluding liquidity, which is a measure we use to measure the size of our Capital segment. • GE Capital Tier 1 Common ratio estimate is a ratio of equity
Agenda
GE Global Overview
GE T&D Outlook
GE T&D India Ltd - Financials
Q&A
GE T&D India Limited- Overview
Confidential. Not to be copied, distributed, or reproduced without prior approval.
August 29, 2019
GE exists to bring real progress and possibility to every corner of the planet.
~283,000 employees
180+ Countries
125+ years of innovation
GE T&D India Limited- Overview
Confidential. Not to be copied, distributed, or reproduced without prior approval.
August 29, 2019
GE Portfolio
Power Equipping 90% of transmission utilities worldwide 7,000+ gas turbines + nearly 6,000 coal and nuclear steam turbines
Renewable Energy Installed 400+ GW capacity globally 40,000+ onshore wind turbines
Aviation Powering two-thirds of commercial aircraft departures* ~70,000 aircraft engines
Healthcare Providing 16,000+ scans every minute 4 million+ healthcare installations
Digital + Capital + Research + Global Growth + Additive GE holds a stake in:
Baker Hughes, a GE Company Pursuing an orderly separation from BHGE, the world’s first and only Fullstream oil & gas company, to maximize value for both companies
Wabtec Combined GE Transportation with Wabtec, creating a global leader for rail equipment, services, and software
GE T&D India Limited- Overview
Confidential. Not to be copied, distributed, or reproduced without prior approval.
August 29, 2019
GE In South Asia
• 6 Countries -India, Bangladesh, Sri Lanka,
Nepal, Bhutan, Maldives
• 17 Manufacturing Sites
• 5 Technology & Engineering Centre
• 30+ Sales Offices
• 20,000 + Employees
GE Businesses present
GE holds a stake in
Transportation
Baker Hughes
GE T&D India Limited- Overview
Confidential. Not to be copied, distributed, or reproduced without prior approval.
August 29, 2019
Agenda
GE Global Overview
GE T&D Outlook
GE T&D India Ltd - Financials
Q&A
GE T&D India Limited- Overview
Confidential. Not to be copied, distributed, or reproduced without prior approval.
August 29, 2019
GE T&D India Ltd. - Enabling India’s Energy Transition
The Board of Directors
Setting Benchmarks for Energy Transmission
VISHAL WANCHOO
✓ GE T&D :100+ years of expertise in building the transmission infrastructure ✓ Market leader in the Indian power transmission sector. ✓ Average Commissioning of one substation per week. ✓ 60% of the energy flow in India is managed by Grid Technology ✓ GE’s Software Solutions are used at load dispatch centres across the South
Asian Association for Regional Cooperation (SAARC)
✓ Champa Kurushetra Link – India’s Largest HVDC project with power transmitting
3000 MW (going upto 6000 MW)
✓ World’s Largest Wide Area Monitoring system for Power Grid Corporation of
Mr. Bhanu Bhushan (Ind ep end ent Direc to r) Res igned o n 2 2 n d May’ 1 9
India at Manesar
Not only a corporate but a Society Builder
Employees
Total Headcount
2,600
GE T&D India Limited- Overview
Confidential. Not to be copied, distributed, or reproduced without prior approval.
August 29, 2019
GE T&D India Ltd. - pioneers since 1957 Offices across country
Operational Excellence (2018-19)
Manufacturing Sites
1957-58
1958-59
2007
Naini
Pallavaram
Noida
2008-09
2008-09
2008-09
Padapai
Vadodara
Hosur
GE T&D India Limited- Overview
Confidential. Not to be copied, distributed, or reproduced without prior approval.
August 29, 2019
Generation & Transmission Trend
Generation mix Increase by 25-30GW pa
Thermal
Hydro
Nuclear
Ren
Total
356
78 7 45
226
160 16 5 37
102
479
175
10 51
243
2009-10
2018-19
2021-22
2019-2022 additions
Renewables (S/W): ~100GW new Installation (75 Solar/25 Wind)
Thermal
: 17 GW
Source: CEA Document
Transmission Capacity
Installed Generation Capacity (GW)
Installed Transmission Capacity (GVA 220kV and above)
GW-GVA Ratio
2.3
818
356
479
2.1
335
160
2.4
1155
2009-10
2018-19
2020-22
Increase by 60-70 GVA pa
Optimal GW-GVA Ratio is ~3.0
• •
•
CEA bottoms up estimate $35B transmission spend during 2017-22 Transmission schemes for total ~125GW REN evacuation GEC corridor, 28 GW under Phase-I(Tendered & execution), ~38.5 GW under Phase- II(approved by CEA), ~28GW Phase-III(In planning) 23GW of Solar project along with HVDC for evacuation to be installed in Leh- Ladakh in 3 phases - 7.5GW each
Source: CEA Document
GE T&D India Limited- Overview
Confidential. Not to be copied, distributed, or reproduced without prior approval.
August 29, 2019
Agenda
GE Global Overview
GE T&D Outlook
GE T&D India Ltd - Financials
Q&A
GE T&D India Limited- Overview
Confidential. Not to be copied, distributed, or reproduced without prior approval.
August 29, 2019
GE T&D India Limited
Driving profitable growth … delivered highest profit in last decade
GE T&D India Limited- Overview
Confidential. Not to be copied, distributed, or reproduced without prior approval.
August 29, 2019