Se ha denunciado esta presentación.
Utilizamos tu perfil de LinkedIn y tus datos de actividad para personalizar los anuncios y mostrarte publicidad más relevante. Puedes cambiar tus preferencias de publicidad en cualquier momento.
PUBLIC SECTOR ENTERPRISES - 
CONTRIBUTION TO ECONOMIC 
DEVELOPMENT 
ROLE OF PETRONET LNG IN THE ENERGY ECONOMY 
T N Neelak...
PUBLIC SECTOR ENTERPRISES - CONTRIBUTION TO 
ECONOMIC DEVELOPMENT 
 The Indian Public Sector has always played a dominant...
PUBLIC SECTOR ENTERPRISES - CONTRIBUTION TO 
The Central Public Sector Enterprises (CPSEs) have been the 
mainstay of the ...
PUBLIC SECTOR ENTERPRISES - CONTRIBUTION TO 
ECONOMIC DEVELOPMENT - Contd. 
 With the onset of economic reforms in 1991, ...
KEY PSE CONTRIBUTION TO INDIAN ECONOMY 
 Contribution to Central Exchequer 
 Contribution to foreign exchange earnings 
...
ENERGY SECTOR 
 As one of the fastest growing economics of the world, India is an upward 
growth trajectory leading to a ...
CREATION OF PETRONET LNG LIMITED 
 Government of India’s unique initiative : Cabinet decision on July 4, 
1997: 
 Meet t...
PETRONET LNG LIMITED 
 Incorporated on April 2, 1998 
 Authorized Capital Rs.1200 Crore 
 Paid up capital Rs.750 Crore ...
PRIMARY ENERGY CONSUMPTION (mtoe) - INDIA 
Fuel 2005 % 2013 % 
Oil 120 33 175 29 
Gas 32 9 46 8 
Coal 184 50 324 540 
Nucl...
INDIA – A MAJOR GAS/LNG CONSUMER 
 15th largest gas consumer – 51bcm (~138 mmscmd) 
 4th largest LNG importer – 18 bcm (...
CURRENT GAS DEMAND & 
DOMESTIC SUPPLY SCENARIO 
Demand Domestic Supply 
(bcf/day) (mmscmd) 
(8.8) (9.6) 
(3.6) (3.9) (4.3)...
Ennore 
India Shipping Summit 2013 
Mundra 
Existing P/L Network : 15300 KMS (400 MMSCMD) 
Proposed additional P/L Network...
KEY MILESTONES 
 As a result of the foresight of Government of India & PLL’s promoters 
within a short span of time since...
KEY MILESTONES 
 Set new benchmark for LNG pricing in Asia – Rasgas Contract 
 No price escalation till 2008 
 Fixed at...
TOWARDS THE VISION 
To be a key energy provider to the nation by 
leveraging unique position in the LNG value-chain 
with ...
ECONOMIC VALUE GENERATED 2013-14 
 Economic Value Generated INR crores 31,649.15 
 Revenue from operations INR crores 31...
RATING AND RECOGNITION 
 Ratings & Ranking: 
 Moody’s International Rating Baa3 
 CRISIL Rating AA+ 
 Rated AA+ by Fit...
To conclude.. 
 Petronet LNG Limited is the first Indian company to establish LNG imports into India. 
Starting its opera...
To conclude.. 
 Natural gas is a clean and green fuel and LNG is the purest form of gas. By supplying 
gas to various ind...
THANK YOU
CSR – PARTNERING WITH COMMUNITY – DAHEJ 
 Participative community development programmes with State Govt in Luvara & Lakh...
CSR – PARTNERING WITH COMMUNITY - KOCHI 
 Developing Infrastructure Facilities for displaced persons at RMP Todu Canal – ...
Way Ahead for India 
 Development of regional LNG/GAS index to cater growing demand of emerging economies/ 
Indian sub co...
NG/LNG Demand & Constraints 
 Demand 
 Natural gas to comprise 20% of primary energy supply in 2025 against 9% presently...
PERFORMANCE GRAPH 
1072 
1274 
1619 
1983 
2236 
2682 
3520 
4450 
4992 
6000 
5000 
4000 
3000 
2000 
1000 
0 
Net Worth ...
PERFORMANCE GRAPH 
195 
313 
475 
518 
405 
620 
1058 
1149 
711 
419 
1400 
1200 
1000 
800 
600 
400 
200 
0 
Profit INR...
LNG IN INDIA 
 “Vision 2030, Natural Gas Infrastructure in India” envisaged a 
GDP growth of 6% 
 Current GDP growth of ...
Próxima SlideShare
Cargando en…5
×

eINDIA 2014 - Public Sector Undertakings (PSUs) Contributors to Economic Development - T N Neelkantan, Vice President (OM) & Plant Head (Kochi), Petronet LNG

1.233 visualizaciones

Publicado el

eINDIA 2014 - Public Sector Undertakings (PSUs) Contributors to Economic Development - T N Neelkantan, Vice President (OM) & Plant Head (Kochi), Petronet LNG

Publicado en: Tecnología
  • Sé el primero en comentar

eINDIA 2014 - Public Sector Undertakings (PSUs) Contributors to Economic Development - T N Neelkantan, Vice President (OM) & Plant Head (Kochi), Petronet LNG

  1. 1. PUBLIC SECTOR ENTERPRISES - CONTRIBUTION TO ECONOMIC DEVELOPMENT ROLE OF PETRONET LNG IN THE ENERGY ECONOMY T N Neelakantan Vice President(Plant Head) Petronet LNG Limited
  2. 2. PUBLIC SECTOR ENTERPRISES - CONTRIBUTION TO ECONOMIC DEVELOPMENT  The Indian Public Sector has always played a dominant role in shaping the path of the country’s economic development.  Prior to independence very few PSU’s in the country with its presence primarily confined to Railways, Post & Telegraph and the Ordinance Factories.  Visionary leaders of independent India drew up a road map for the development of PSU as an instrument for self-reliant economic growth.
  3. 3. PUBLIC SECTOR ENTERPRISES - CONTRIBUTION TO The Central Public Sector Enterprises (CPSEs) have been the mainstay of the Indian economy and were set up with the mandate to :  serve the broad macro-economic objectives of higher economic growth  achieve self-sufficiency in production of goods/services  facilitate long term equilibrium in balance of payments  ensure stability in prices and create benchmarks for prices of essential items. ECONOMIC DEVELOPMENT - Contd.
  4. 4. PUBLIC SECTOR ENTERPRISES - CONTRIBUTION TO ECONOMIC DEVELOPMENT - Contd.  With the onset of economic reforms in 1991, the Government initiated a systemic shift to a more open economy with greater reliance upon market forces and a larger role of the private sector including foreign investment.  CPSEs were exposed to competition from domestic private sector companies as well as large multi-national corporations. Given the competitive environment, the CPSEs undertook significant initiatives for up scaling technologies and capacities in order to operate at par with the private counterparts in the liberalized economy.  With continued focused efforts towards achieving excellence, several of the CPSEs have become self reliant and are playing a critical role in building the Indian economy.
  5. 5. KEY PSE CONTRIBUTION TO INDIAN ECONOMY  Contribution to Central Exchequer  Contribution to foreign exchange earnings  Towards employment generation  Emerged as a major wealth creators or investors/stake holders based on growth witnessed in market capitalization  Pioneering CSR activities
  6. 6. ENERGY SECTOR  As one of the fastest growing economics of the world, India is an upward growth trajectory leading to a steadily growing demand for Energy.  The Demand for Energy matches our economic growth rate of 6-7 %. Energy being vital engine of growth, the challenge is to ensure a steady flow of reliable, clean and affordable energy for a smooth journey to greater heights.
  7. 7. CREATION OF PETRONET LNG LIMITED  Government of India’s unique initiative : Cabinet decision on July 4, 1997:  Meet the growing energy requirements of the country with special focus on LNG  Natural gas consumption limited by available supplies from domestic sources  Un-explored potential from domestic sources  Inability to secure supplies through transnational pipelines  The Government of India mandated (Public Private Partnership Model) to:  Import LNG  Set up LNG regasification terminals at: Hazira / Dahej ; Kochi / Kayamkulam, Ennore or any other suitable location  Participate in integration projects upstream & downstream of LNG terminals
  8. 8. PETRONET LNG LIMITED  Incorporated on April 2, 1998  Authorized Capital Rs.1200 Crore  Paid up capital Rs.750 Crore  Commencement of Commercial Operations - April, 2004  Equity  50% held by Oil & Gas PSUs (BPCL, GAIL, IOC & ONGC)  10% held by GDFI (part of GDF SUEZ) Public & FIIs
  9. 9. PRIMARY ENERGY CONSUMPTION (mtoe) - INDIA Fuel 2005 % 2013 % Oil 120 33 175 29 Gas 32 9 46 8 Coal 184 50 324 540 Nuclear 4 1 8 1 Hydro 22 6 302 5 Renewables 2 1 12 2 Total 367 100 595 100 33% 9% 1%6% 1% 50% Oil Gas Coal Nuclear Hydro Renewables 29% 1% 5%2% 55% 8% Year 2013 Oil Gas Coal Nuclear Hydro Renewables
  10. 10. INDIA – A MAJOR GAS/LNG CONSUMER  15th largest gas consumer – 51bcm (~138 mmscmd)  4th largest LNG importer – 18 bcm (~48 mmscmd)  Economy growing at CAGR of about 6% with similar growth in Energy Consumption  Share of Natural Gas in Indian Energy basket to increase from 9% to 20% by 2025  Despite increase in domestic gas production- dependency on imported gas to increase substantially  Pipeline network- developing into a national grid- needs to grow faster, connecting new markets Sector 2013-14 2014-15 2015-16 2016-17 2019-20 Power 104 122 139 157 202 Fertilizer 60 60 72 97 106 City Gas 16 17 18 22 36 Industrial 20 22 25 27 35 Petchem/Refineries /Internal Consumption 40 42 44 47 54 Sponge Iron/Steel 8 8 8 8 10 Total Realistic Demand 248 272 307 358 443 SECTOR WISE PROJECTED GAS DEMAND Source : BP Statistical Review June 2014 & Vision 2030, Natural Gas Infrastructure in India 250 200 150 100 50 0 2013-14 2014-15 2015-16 2016-17 2019-20 Power Fertilizer City Gas Industrial Petchem/ Refineries / Internal Cons. Sponge/ Iron/ Steel Gas Demand (mmscmd)
  11. 11. CURRENT GAS DEMAND & DOMESTIC SUPPLY SCENARIO Demand Domestic Supply (bcf/day) (mmscmd) (8.8) (9.6) (3.6) (3.9) (4.3) 103 (10.9) 111 121 (12.7) (5.6) (6.1) 157 (15.7) 172 (22.2) (25.3) (7.5) (8.2) 212 231 248 272 307 358 442 625 713 1000 900 800 700 600 500 400 300 200 100 0 *Actual 90 2013-14 2014-15 2015-16 2016-17 2019-20 2026-27 2029-30 Source : Vision 2030, Natural Gas Infrastructure in India
  12. 12. Ennore India Shipping Summit 2013 Mundra Existing P/L Network : 15300 KMS (400 MMSCMD) Proposed additional P/L Network : 13500 KMS (330 MMSCMD) by 2016-17
  13. 13. KEY MILESTONES  As a result of the foresight of Government of India & PLL’s promoters within a short span of time since its inception, PLL has  Firmly established itself as an important player for meeting India’s energy requirements  Successfully developed India’s first LNG terminal at Dahej with o Competitive project costs o No Time or Cost overruns  Owner of 7.5 MTPA of LNG from Qatar, largest SPA in the world (25 Years)  Also, executed 1.5 MMTPA LNG SPA with Exxon Mobil – Gorgon, Australia
  14. 14. KEY MILESTONES  Set new benchmark for LNG pricing in Asia – Rasgas Contract  No price escalation till 2008  Fixed at crude oil level of $20/bbl till 2008  2009 onwards pricing linked with JCC with Floor & Ceiling – still very attractive  Continuously making profits– favourable Balance Sheet  Market capitalization reached over to US $ 2.2 billion (Rs. 10,000 crores)  Gains to Promoters over Rs. 5,000 crores
  15. 15. TOWARDS THE VISION To be a key energy provider to the nation by leveraging unique position in the LNG value-chain with international presence (In Crore) Revenue grew 32% EBITDA growth 13% Revenue EBIDTA Vision 5509 6555 8429 10649 13197 22696 31467 37747 685 920 978 944 1284 1914 2205 1582 40000 35000 30000 25000 20000 15000 10000 5000 0 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 Business Strategy  Create and manage world-class LNG infrastructure  Continue excellence in LNG business - Focus on higher capacity utilization and better operational efficiencies - Diversify LNG sources  Diversify business - Wind Farm - City-gas distribution/ direct marketing - Air Separation Unit - Solid cargo port at Dahej - Wind Energy  Maintain highest standards of business ethics
  16. 16. ECONOMIC VALUE GENERATED 2013-14  Economic Value Generated INR crores 31,649.15  Revenue from operations INR crores 31,467.44  Other income INR crores 181.71  Economic Value Distributed INR crores 30,499.87  Cost of Materials consumed INR crores 23,383.55  Employees Benefits and Wages INR crores 37.01  Payment to providers of Capital(Dividend) INR crores 187.50  Payment to government INR crores 5,921.44  Community Investments INR crores 2.41  Economic Value retained (Profit after Tax) INR crores 1,149.28
  17. 17. RATING AND RECOGNITION  Ratings & Ranking:  Moody’s International Rating Baa3  CRISIL Rating AA+  Rated AA+ by Fitch and ICRA rating Agencies  36th rank in ET (2012-13)  37th rank Fortune India 500 (2012-13)  109th Largest Company & 214th most Profitable Company in Plimsoll Global Analysis on Global Crude Oil & Gas Extraction Industry ranking  Certificate of Appreciation from US Environment Protection Agency for maintaining low methane emissions
  18. 18. To conclude..  Petronet LNG Limited is the first Indian company to establish LNG imports into India. Starting its operations in the year 2004, it has established itself as a credible energy player importing large quantum of LNG into this energy starved Country.  This has helped meet the needs of the crucial fertilisers, power and refining sectors of the country. PLL has already set up two large capacity LNG terminals in India and is expanding further.  As on date, PLL supplies almost 30% of the total gas consumed in India.  India is an energy deficit nation and is dependant on imports of oil as well as coal. By setting up the first LNG terminal in India, PLL has introduced an alternative model of gas imports thereby saving precious foreign exchange - gas being cheaper than oil prices.
  19. 19. To conclude..  Natural gas is a clean and green fuel and LNG is the purest form of gas. By supplying gas to various industries, PLL has helped these industries substitute the more polluting liquid fuels and has helped the environment.  Such large investments have been possible only through joint venture participation by oil companies.  PLL has taken the onus of attempting to span the growing demand – supply gap  PLL has been pioneer in the Indian LNG supply market and played pivotal role in changing Indian energy scenario for the last 10 years of operation.  As the first company in India to import LNG, PLL is instrumental in shaping the growth of India’s Natural gas sector.
  20. 20. THANK YOU
  21. 21. CSR – PARTNERING WITH COMMUNITY – DAHEJ  Participative community development programmes with State Govt in Luvara & Lakhigam villages Health & Sanitation  Potable drinking water/water harvesting/laying of water pipelines/ Storm water drainage/solar street lights.  Preventive and Social medicine aids (includes Primary Health Centre & Ambulance). Education and Employment generation programs  Sponsored laboratory to facilitate science stream education in the nearby school, Dahej.  Inauguration of Petronet LNG Centre for Vocational Rehabilitation.  Indirect employment for local villagers in the area of Housekeeping & Horticulture. Community Development  Renovation of personal facility & fencing at Panchayat office of Luvara Village, Gujarat.  Participation in Govt. Devp. Schemes (Kanya Kelvani, Beti Bachao) & Devp. Distt Civic Centre  Massive mangrove plantation to cover 1000 hectares by 2015-16 in consultation with Gujarat Ecology Commission/Forest Department.  Constructing of canteen at Government Hospital, Bharuch.
  22. 22. CSR – PARTNERING WITH COMMUNITY - KOCHI  Developing Infrastructure Facilities for displaced persons at RMP Todu Canal – Kalamukhi Junction Rehabilitation Area in Puthuvypeen  Sponsored the distribution of books and other study material to nearly 70 schools of the area benefitting 22,000 students.  Conducted Eye Screening & Cataract Operation & Dental Camp for Puthuvypeen & neighboring villages  Sponsoring of local events like boat race, cultural and sports events in schools  Sponsor purchase of school bus for Kerala Blind School.  Concreting & metalling of roads, side protection & repair/construction of culverts, footpaths in Puthuvypeen village  Installation of Solar powered high mask lights in Puthuvypeen
  23. 23. Way Ahead for India  Development of regional LNG/GAS index to cater growing demand of emerging economies/ Indian sub continent.  Robust growth in Infrastructure development  LNG Terminal  Gas Storage  Gas Pipelines on national & transnational basis  Participation by global players in India’s infrastructure development.  Government support & creation of Sovereign fund to handle stiff global competition enabling acquisition of overseas upstream assets in stiff competitive environment.  Consumers mindset in pricing, supply security needs to undergo change : Market driven.  Develop alternate channels of distribution by road rail and barges/small ships to spread uniform distribution of LNG for industrial, domestic, commercial and transport sectors. Distribution constraints still major hurdle for NG
  24. 24. NG/LNG Demand & Constraints  Demand  Natural gas to comprise 20% of primary energy supply in 2025 against 9% presently  Demand to be met by LNG due to low domestic production, delay in imports through Trans-National pipelines.  Constraints  Only two terminals at Dahej and Hazira in full operation.  Highly inadequate pipelines connectivity.  Problems LNG terminal face due to lack of down stream supply chain.  Delay in popularizing LNG distribution and direct use of LNG for NGVs.  Price sensitivity for use in Power and fertilizers sector.
  25. 25. PERFORMANCE GRAPH 1072 1274 1619 1983 2236 2682 3520 4450 4992 6000 5000 4000 3000 2000 1000 0 Net Worth INR Crore 247 290 322 321 400 440 548 524 494 289 600 500 400 300 200 100 0 Sales/ Service TBTU
  26. 26. PERFORMANCE GRAPH 195 313 475 518 405 620 1058 1149 711 419 1400 1200 1000 800 600 400 200 0 Profit INR Crore 3837 5509 6555 8429 10649 13197 22695 31467 37747 21140 40000 35000 30000 25000 20000 15000 10000 5000 0 Turnover INR Crore
  27. 27. LNG IN INDIA  “Vision 2030, Natural Gas Infrastructure in India” envisaged a GDP growth of 6%  Current GDP growth of about 5-6% translate into overall energy demand growth at CAGR of 6-7%  Given India’s growing energy requirements & unlikelihood of matching increase in the domestic supplies, despite some significant oil & gas finds recently, the import dependence is only going to accentuate sharply in the coming years  LNG Regas Capacities  Presently, India’s LNG import capacity around 23.0 mmtpa through 4 terminals & meeting more than 35% of total gas supply of the country

×