Market Research Report : Wind power market in india 2014 - Sample

1,059
-1

Published on

For the complete report ,visit us at:

Or, get in touch with us at : info@netscribes.com

Published in: Business, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
1,059
On Slideshare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
70
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Market Research Report : Wind power market in india 2014 - Sample

  1. 1. Insert Cover Image using Slide Master View Do not distort Wind Power Market – India May 2014
  2. 2. 2WIND POWER MARKET IN INDIA 2014.PPT Executive Summary Market Drivers & Challenges Government Competitive Landscape  Wind energy has emerged as the fastest growing renewable energy sector in the country  With a cumulative installed capacity of over ‘m1’ GW as of FY 2013, wind power currently accounts for almost 70 % of the total installed capacity in the renewable energy sector  This sector is expected to grow at a CAGR of x2% to reach ‘h2’ GW by FY 2019e  In recent years the market slumped due to the withdrawal of the AD & GBI schemes by the Government  Major Government Bodies  Policy and Regulatory Incentives  State wise Comparison Of Feed-in-tariff Policy For Wind Power (Top Five States) Drivers – Huge Untapped Wind Power Potential – India Remains Energy Deficient – Global Drive towards Clean Energy – Volatile Oil Prices – Depleting Coal Reserves Challenges – Withdrawal of Accelerated Depreciation Scheme – Issues of Grid Integration – Land Acquisition Problems Major Players Company 1 Company 2 Company 3 Company 4 Company 5 Company 6 Trends  Potential of Off-Shore Capacity  Vertical Integration  Hybrid Generators  Major Investments in the Wind Sector
  3. 3. 3 •Economic Indicators •Introduction •Market Overview •EXIM •Drivers & Challenges •Trends •Government Participation •State Specific Issues •Competitive Landscape •Strategic Recommendations •Appendix WIND POWER MARKET IN INDIA 2014.PPT
  4. 4. 4 Economic Indicators (1/3) 11 12 13 14 15 b2 a2 Q1 d1 c1 b1 a1 Q4 c4 b4 a4 Q3 c3 b3 a3 Q2 d2 c2 INR tn 2013-142012-132011-122010-11 GDP at Factor Cost: Quarterly Inflation Rate: Monthly -2 -1 0 1 2 q Jul 2013 - Aug 2013 p % Nov 2013 - Dec 2013 t Oct 2013 - Nov 2013 s Sep 2013 - Oct 2013 r Aug 2013 - Sep 2013 WIND POWER MARKET IN INDIA 2014.PPT
  5. 5. 5 Renewable energy is gaining prominence within the power sector in India • Principal sources of renewable energy are:  Segment 1  Segment 2  Segment 3  Segment 4 • Renewable energy capacity presently accounts for x% of the total installed power capacity in India • India plans to more than double its renewable energy capacity by 2017 • The Government of India plans to generate an additional ‘y’ GW of renewable energy in the 12th Plan Period, more than double the ‘z’ GW added during the 11th Five Year Plan • The Ministry of New and Renewable Energy (MNRE) plans to take the total renewable energy capacity to more than ‘v’ GW during 2012-17 • Wind energy accounts for 70% of the total renewable energy capacity in India currently Renewable Energy Market Segmentation s% r% q% p% a% d% b% c% Renewable Energy Scenario Energy Market Segmentation Jan, 2013 Jan, 2013 Segment 4 Segment 3 Segment 2 Segment 1 Segment A Segment C Segment D Segment B Total installed capacity of power is ‘m’ GW Total installed capacity of renewable energy is ‘n’ GW WIND POWER MARKET IN INDIA 2014.PPT
  6. 6. 6 Wind energy accounts for the largest share of India’s renewable energy capacity Market Overview (1/2) • Wind energy is one of the fastest growing renewable energy sectors in India and accounts for nearly p% of the installed grid-connected renewable capacity • Cumulative wind power capacity of India stands at ‘u’ GW as on Oct 31, 2013 • More than ‘t’% of the nation’s wind installations till date are concentrated in just five states in southern and western India – Tamil Nadu, Andhra Pradesh, Karnataka, Maharashtra, and Gujarat • Growth slowed down in 2012-13, when the sector witnessed capacity expansion of only ‘y’ GW, way below the targeted ‘z’ GW for the year  This was primarily due to the withdrawal of two key policy initiatives, Accelerated Depreciation (AD) and Generation Based Incentive scheme (GBI) • However, with the GBI scheme being reinstated in Aug 2013, growth in the sector is likely to pick up again Market Size: Historical (FY 2003 – FY 2013) 4 3 2 1 0 2010 j1 2009 i1 2008 h1 2007 g1 2006 f1 Upto 2002 a1 m1 2012 l1 2011 k1 x1% 2003 2013 c1 2004 GW d1 2005 b1 WIND POWER MARKET IN INDIA 2014.PPT
  7. 7. 7 Wind power market is poised to grow with the revamp of the Generation Based Incentive scheme Market Overview (2/2) • Reinstating the GBI scheme will provide the sector the much needed boost for capacity addition in the latter half of the 12th Five Year Plan, for which a target of ‘q’ GW has been set • Launch of the INR ‘z’ bn Green Energy Corridors project, which involves the development of dedicated transmission infrastructure for renewable energy integration, is another positive development  The Green Energy Corridors project will address the issues related to grid integration due to growth in installed capacity and infirm nature of the resource which the sector is currently facing • Several states have also increased wind power tariffs by ‘m’% - ‘n’% to attract investments  This has led to a shift in new wind power development from resource-rich states such as Tamil Nadu and Gujarat to low-wind density states such as Rajasthan. Madhya Pradesh and Maharashtra • In future, the Renewable Purchase Obligations (RPOs) and the Renewable Energy Certificate (REC) mechanism will be the key growth drivers for the sector Market Size: Forecasted (FY 2013 – FY 2014) 0 2 4 6 GW x2% 2019e h2 2018e g2 2017e f2 2016e d2 2015e c2 2014e b2 2013 a2 WIND POWER MARKET IN INDIA 2014.PPT
  8. 8. 8 Exports have declined steadily over the past four accounting years Export of Wind Mills and Turbines (Value-Wise) Exports (Country-Wise: 2012-13) 0 500 1,000 1,500 q s u% 2009-10 2011-12 r 2012-132010-11 p INR mn Exports (Country-Wise: 2011-12) g1% d1% f1% h1% a1% b1% c1% Country 6 Others Country 5 Country 2 Country 3 Country 1 Country 4 c2% g2% h2% d2% f2% a2% b2% Country 10 Country 11 Others Country 12 Country 7 Country 9 Country 8 Domestic consumption accounts for almost the entire production of the Indian wind energy sector WIND POWER MARKET IN INDIA 2014.PPT
  9. 9. 9 Drivers & Challenges – Summary Drivers Huge Untapped Wind Power Potential India Remains Energy Deficient Global Drive towards Clean Energy Volatile Oil Prices Depleting Coal Reserves Challenges Withdrawal of Accelerated Depreciation Scheme Issues of Grid Integration Land Acquisition Problems WIND POWER MARKET IN INDIA 2014.PPT
  10. 10. 10 Trends – Summary Potential of Off-Shore Capacity Vertical Integration Major Investments in the Wind Sector Hybrid Generators Key Trends WIND POWER MARKET IN INDIA 2014.PPT
  11. 11. 11 Government Participation – Summary Government Participation Major Government Bodies and Associations State-Wise Wind Power Tariff Policy and Regulatory Incentives WIND POWER MARKET IN INDIA 2014.PPT
  12. 12. 12 State Specific Issues – Top Five States (1/5) GUJARAT Achievements and Targets Tariff Control Identification of Land Power Evacuation Purchase of Land WIND POWER MARKET IN INDIA 2014.PPT
  13. 13. 13 Market Competition – Porter’s Five Forces Analysis • x• x • x • x • x Bargaining Power of Suppliers Threat of New Entrants Competitive Rivalry Bargaining Power of Buyers Threat of Substitutes Impact X Impact X Impact XImpact X Impact X WIND POWER MARKET IN INDIA 2014.PPT
  14. 14. 14 Competitive Benchmarking (1/5) Public Trading Comparables Company 1 Company 2 Company 3 Market Capitalization (INR bn) Share Price (INR) EV/EBITDA (x) EV/Revenue (x) PE Ratio WIND POWER MARKET IN INDIA 2014.PPT
  15. 15. 15 • Company 4 recorded operating margin of a4%, higher than that of Company 1, Company 2 and Company 3 which recorded operating margin of negative a1%, negative a2% and negative a3% respectively • Net margin for Company 4 stood at b4% while the other three companies Company 1, Company 2 and Company 3 recorded net margin of negative b1%, negative b2% and negative b3% Key Ratios of Top 4 Companies – Operational Basis (FY 2013) (1/3) Competitive Benchmarking (2/5) -40 -20 0 20 40 Company 4Company 3 % a4 b4 -b2-a2 Company 1 -b1 -a1 -b3-a3 Company 2 Net MarginOperating Margin WIND POWER MARKET IN INDIA 2014.PPT
  16. 16. 16 Public: Domestic Company – Company 1 (1/4) Key People Products and Services Company Information Offices and Centres – India Corporate Address Tel No. Fax No. Website Year of Incorporation Ticker Symbol Stock Exchange Category Products/Services Wind Sector Project Services Others Name Designation Person 1 Chairman Person 2 Director Person 3 Director Person 4 Director Mumbai Head Office WIND POWER MARKET IN INDIA 2014.PPT
  17. 17. 17 Financial Snapshot Key Ratios Financial Summary • Company earned a net profit of INR XX mn in FY 2013, as compared to net profit of INR Y mn in FY 2012 • It reported total Income of INR XX mn in FY 2013, registering an increase of X per cent over FY 2012 • It earned an operating margin of X.X per cent in FY 2013 an increase of X.X percentage points over FY 2012 • The company reported debt to equity ratio of X.XX in FY 2013, an increase of X.X per cent over FY 2012 Key Financial Performance Indicators Indicators Value (19/03/2014) Market Capitalization (INR bn) Total Enterprise Value (INR bn) EPS (INR) PE Ratio (Absolute) Particulars y-o-y change (2013-12) 2013 2012 2011 2010 Profitability Ratios Operating Margin Net Margin Profit Before Tax Margin Return on Equity Return on Capital Employed Return on Working Capital Return on Assets Return on Fixed Assets Cost Ratios Operating costs (% of Sales) Administration costs (% of Sales) Interest costs (% of Sales) Liquidity Ratios Current Ratio Cash Ratio Leverage Ratios Debt to Equity Ratio Debt to Capital Ratio Interest Coverage Ratio Efficiency Ratios Fixed Asset Turnover Asset Turnover Current Asset Turnover Working Capital Turnover Capital Employed Turnover Improved Decline Net Profit/LossTotal Income 0 -20 -40 -60 300 200 100 0 INR bn 2013 -d2 d1 2012 INR bn -a2 a1 -c2 c1 2011 -b2 b1 2010 Public: Domestic Company – Company 1 (2/4) WIND POWER MARKET IN INDIA 2014.PPT
  18. 18. 18 Key Business Segments Key Geographic Segments Business Highlights Description News Overview • Company 1 has operations across Asia, Australia, Europe, Africa and North and South America • It is the largest wind turbine manufacturer in India Expansion • It added ‘m’ MW in FY 2011-12 that ensured the company’s leadership in India for the 14th time • Suzlon powered ‘XY Wind Plant’ resulted in crossing of 1000 MW (1 GW) of installation capacity in 2011- 12 • In 2012-13, the company crossed ‘n’ GW in global installations Achievements • It was awarded "6th Integrated Marketing Effectiveness Awards (UA&P Tambuli Awards)" award for “Best Insights and Strategic Thinking” and “Best Innovative and Integrated Media Campaign” in 2012-13 • Ranked 6th in ‘Global Transnational companies Survey’ by the Indian School of Business, Hyderabad and Brazil's Fundacao Dom Cabrall 0% 50% 100% 2010 a4% a1% a2% c3% 2011 b1% a3% c2% b3% d2% 2012 c1% b2% d1% d3% 2013 Segment 4Segment 2 Segment 3Segment 1 0% 50% 100% 2013 s4% s5%s3% s2% 2012 s1% r5% r6% r4% r3% r1% r2% q6% q5% 2011 s6% p1% p6% p3% q1% q4% p4% 2010 p5% q2% p2% q3% OthersRegion 4 Region 5 Region 2 Region 3Region 1 Public: Domestic Company – Company 1 (3/4) WIND POWER MARKET IN INDIA 2014.PPT
  19. 19. 19 TO WS Public: Domestic Company – Company 1 – SWOT Analysis (4/4) WIND POWER MARKET IN INDIA 2014.PPT
  20. 20. 20 Private: Foreign Company – Company 2 (1/5) Key People Products and Services Company Information Offices and Centres – India Corporate Address Tel No. Fax No. Website Year of Incorporation Products/Services Name Designation Person 1 Director Person 2 Director Person 3 Director Mumbai Head Office WIND POWER MARKET IN INDIA 2014.PPT
  21. 21. 21 Name No. of Shares held 100.00% Segment 1 Shareholders of the Company as on 30/09/2013 Ownership Structure Private: Foreign Company – Company 2 (2/5) WIND POWER MARKET IN INDIA 2014.PPT
  22. 22. 22 Financial Snapshot Key Ratios Financial Summary • Company earned a net profit of INR XX mn in FY 2013, as compared to net profit of INR Y mn in FY 2012 • It reported total Income of INR XX mn in FY 2013, registering an increase of X per cent over FY 2012 • It earned an operating margin of X.X per cent in FY 2013 an increase of X.X percentage points over FY 2012 • The company reported debt to equity ratio of X.XX in FY 2013, an increase of X.X per cent over FY 2012 Improved Decline Net Profit / LossTotal Income 5 0 -5 -10 -15 -20 -25 30 25 20 15 10 5 0 INR bnINR bn 2013 d2 d1 2012 c2 c1 2011 b2 b1 2010 a2 a1 Particulars y-o-y change (2013-12) 2013 2012 2011 2010 Profitability Ratios Operating Margin Net Margin Profit Before Tax Margin Return on Equity Return on Capital Employed Return on Working Capital Return on Assets Return on Fixed Assets Cost Ratios Operating costs (% of Sales) Administration costs (% of Sales) Interest costs (% of Sales) Liquidity Ratios Current Ratio Cash Ratio Leverage Ratios Debt to Equity Ratio Debt to Capital Ratio Interest Coverage Ratio Efficiency Ratios Fixed Asset Turnover Asset Turnover Current Asset Turnover Working Capital Turnover Capital Employed Turnover Private: Foreign Company – Company 2 (3/5) WIND POWER MARKET IN INDIA 2014.PPT
  23. 23. 23 Business Highlights Description News Overview • Company 1 is a wholly-owned subsidiary of the ‘A’ group based in Country 1 • It is a world leader in the design, manufacture, installation and maintenance of wind turbines, having installed more than ‘p’ MW in over 20 countries Expansion Plans • It will invest INR ‘q’ mn to set up a wind turbine factory in Chennai, with an annual production capacity of ‘r’ MW • With this, it would have invested around INR ‘s’ mn in India to set up wind turbine manufacturing facilities Recent Contracts • It recently bagged an order from Company B, a subsidiary of Company C for commissioning ‘t’ MW of wind turbines • It has signed an Engineering, Procurement and Construction (EPC) contract to build the project and supply ‘u’ MW to a wind farm from Company D, in District 1, State 1 Private: Foreign Company – Company 2 (4/5) WIND POWER MARKET IN INDIA 2014.PPT
  24. 24. 24 TO WS Private: Foreign Company – Company 2 – SWOT Analysis (5/5) WIND POWER MARKET IN INDIA 2014.PPT
  25. 25. 25 Thank you for the attention About Netscribes, Inc. Netscribes, Inc. is a knowledge-consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, content-management services, and knowledge-software services. At its core lies a true value proposition that draws upon a vast knowledge base. Netscribes, Inc. is a one-stop shop designed to fulfil clients’ profitability and growth objectives. Wind Power Market – India report is part of Netscribes’ Energy and Utilities Series. For any queries or customized research requirements, contact us at: Disclaimer: This report is published for general information only. Although high standards have been used in the preparation, “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes and prior permission is required for guidelines on reproduction. Phone: +91 22 4098 7600 E-Mail: info@netscribes.com WIND POWER MARKET IN INDIA 2014.PPT

×