IEX INDIAN ENERGY EXCHANGE Dated: August 21, 2019 The Manager The Manager BSE Limited National Stock Exchange of India Ltd Corporate Relationship Department Listing Department Phiroze Jeejeebhoy Towers Exchange Plaza, 5 th Floor, Plot no C/1 Dalal Street G Block, Bandra Kurla Complex Mumbai- 400001 Bandra (E), Mumbai-400 051 Scrip Code: BSE- 540750; NSE- IEX Subject: Investors Presentation Q1 Financial Year 2020 Dear Sir / Madam, Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, please find attached Investor presentation Q1 Financial Year 2020. This is for your information and records. Thanking You Yours faithfully, For Indian Energy Exchange Limited (----- E x c6 01 c• Lu r- ,,&_____, , , z Vrfeet Harlalka Company Secretary & Compliance Officer Encl: as above www.iexindia.com Indian Energy Exchange Limited Registered & Corporate Office: Unit No. 3, 4, 5 & 6, Plot No.7, Fourth Floor, TDI Centre, District Centre, Jasola, New Delhi — 110025 Tel: +91-11-4300 4000 I Fax: +91-11-4300 4015 CIN: L74999DL2007PLC277039
Investor Presentation Q1 FY 2020 - IIFL Conference – New Delhi For Public Use
Contents India’s economic roadmap 1 Energy transformation drivers 2 Power market – key drivers 3 IEX - driving the thought leadership 4 Summary 5 2
India continues to remain the fastest growing emerging economy – Electricity a key input to growth! • • India GDP projected at 6.9% India is the 3rd largest Sectoral FY’19 contribution (%) for FY’20 producer and consumer of to GDP % electricity in the world; and • Government envision to make 5th largest in RE capacity Agriculture, India $5tn economy by FY’25 forestry & • Make in India - target to fishing 16.1 • India is poised to surpass increase contribution of Japan to become the third manufacturing in GDP to 25% largest economy in 2025 from 17% currently. Mining & quarrying 2.4 • • World’s 17 of 20 fastest Industrial sector consumes growing cities in India 42% of total electricity in Manufacturing 16.4 India whereas agriculture and domestic consume 18% and Construction 8.0 24% respectively. Services 57.1 3
Energy – the Shift to 4 Ds • The rapid deployment of low- • The distribution of small- carbon technologies such as scale generation throughout Decentralization Decarbonization wind and solar. the T&D network. • Outlook: • Outlook: • Renewables will become • RE in general will pose leading energy sources a threat to centralized energy production • New technologies like paradigm. hybrid would emerge in • Need for local future depending on local characteristics and solutions will increase specific financial incentives. • The addition of intelligent • The empowerment of control systems and internet- consumers by putting of Digitization Democratization enabled software to optimize economic power in the plants and the grid. hands of individuals and taking some political power • Outlook: away from large • Aggregation (DR,VPP) corporations. would emerge with the • Outlook: adoption of new digital • Energy trading technologies. between consumers 4
Increasing play of renewable energy Paris Climate Agreement – Ren energy to constitute 40% of total installed capacity base of 1250 GW 2019 2022 2030 Bio-Power 3% Solar 8% Wind Power Solar 10% 20% Solar Bio- Small Thermal 36% Power Hydro 35% 2% 1% Thermal Hydro Wind Power Thermal 53% 13% 12% 63% Nuclear 2% Hydro Nuclear Bio-Power 10% Wind Power 2% 1% 17% Hydro Small Hydro 8% 1% Nuclear Small Hydro 2% 1% • RE target of 175 GW by 2022, current 79GW • $5Bn of transmission line capacity augmentation • Decentralized generation close to consumers • New tech, innovative solutions & business models Source: CEA 5
Power markets – key drivers Growing demand Policy and Regulatory enablers • MoP 5 year vision document • Government of India’s commitment to provide electricity to all and on 24x7 basis • Government’s focus to address DISCOM distress • Market framework • Economy growth from $ 2.7tn to $ 5tn by FY • Real Time Electricity Market and National 2025 Open Access Registry • Domestic Coal Allocation • Paris Climate Agreement • Phasing out of Old plants • Rapid Urbanization and Smart Cities • Cross Border Trade; Long Duration Contracts; Green TAM • Budget highlights: Uday 2.0, addressal of barriers to open access like Cross Subsidy Surcharge; Total electricity demand in the country electric mobility has increased by 4.5% in the last 5 years
IEX has seeded & developed a robust power market in India Electricity Cleared Volume (BU) • Ensuring Availability and Accessibility of electricity aligned with the government’s 52.2 46.2 vision: 40.5 34.3 28.3 • Power for all 13.0 • Power on 24*7 • Ensuring competitive price discovery FY15 FY16 FY17 FY18 FY19 Q1 FY20 through diversified participation Financial Performance (Rs Cr) • Providing flexibility in procurement 80.0 85% • 84% Scalable and proven technology 84% 60.0 83% 83% 83% 40.0 infrastructure 82% 20.0 81% 74.2 61.7 41.9 67.8 56.2 37.9 69.7 58.5 39.6 0.0 80% Q1 FY 2019 Q4 FY 2019 Q1 FY 2020 Revenues EBITDA PAT EBITDA Margin Increasing ease of doing business and reducing cost of doing business 7
Business strategy aims to diversify market offering to maximize core Maximize Real Time Markets; National Open Access Registry Core Strengthen day ahead market Long duration contracts to create market from 1day to 365 days Cross Border Trade G-TAM Ancillary Markets New Technology Play Opportunities
Summary • India will continue to be the fastest growing economy. • Energy will be a critical input into India’s growth story. • India is on the cusp of shift in the energy sector. • Power markets are at nascent stage; potential for growth is immense. • Increase in power demand and regulatory enablers will accelerate power exchange market. • IEX is delivering the government’s vision
Thank You
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