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Central Power Generation Co. Ltd. Central Power Generation Co. Ltd.
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GENCO GENCO- -II, T.P.S, GUDDU II, T.P.S, GUDDU
PRESENTATION BY:
Engr. Abdul Malik Memon Engr. Abdul Malik Memon
Chief Executive Officer
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THERMAL POWER STATION GUDDU THERMAL POWER STATION , GUDDU
UNITS 1 TO 4
3
BASI C BLOCKS OF
THERMAL(STEAM) POWER PLANT THERMAL(STEAM) POWER PLANT
BOILER
TURBINE
GENERATOR
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THERMAL POWER STATION , GUDDU
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Slide 5
M2
MUZAFFAR, 10/3/2010
BLOCK DIAG. OF A COMBINED CYCLE
THERMAL POWER PLANT
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KEY STATS AS OF JUNE 30, 2010 KEY STATS AS OF JUNE 30, 2010
Installed Capacity 1655 MW
Available Capacity 950 MW Available Capacity 950 MW
Maximum Demand 890 MW
Units Generated 527 GWh
Units Sent Out 504 GWh Units Sent Out 504 GWh
Auxiliaries 4.31%
Load Factor 84%
Plant Factor 44% Plant Factor 44%
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PROFILE OF SR. MANAGEMENT PROFILE OF SR. MANAGEMENT
Yrs
Job Title/Name Qualificatn Exp.,
Yrs.
with
Co.
1.
CEO:
Engr. Abdul Malik M.E, LLB 33 17
2.
TD/CE:
Akhtar Hussain B.E 32 32
3.
FD:
Muhammad Imran
FCMA, FPA,
M Com MBA
13 3
Muhammad Imran M.Com, MBA
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PROFILE OF BOD PROFILE OF BOD
T Yrs
Job Title/Name Qualificatn
T.
Exp.,
Yrs
Yrs
with
Co.
1.
Dr. Tabrez Aslam
Shami
Ph.D , M.Sc (EE) 43 11
2. Engr. Abdul Malik M.E, LLB 33 17
3. Ahmed Hussain Mian FCA, B.Com 50 11
4. Khalid Rashid B. Sc (ME) 22 2
5
Sultan Muhammad
B E 34 1 5.
Zaffar
B.E 34 1
6. Siyyid Tahir Nawazish MBA 36 11
7. Nazakat Ali Shah MBA 33 1
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UNIT UNIT- -WISE DETAILS WISE DETAILS
Unit
No
Make DOC
Install
ed
MW
Available
MW
Fuel
No. MW MW
ST-1 Czech 30.03.74 110 50
Gas
ST-2 Czech 06.10.74 110 50
Gas
ST-3 USSR 07.11.80 210 110
Gas+ RFO
ST-4 China 29.12.85 210 110
Gas+ RFO
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UNIT UNIT- -WISE DETAIL WISE DETAIL
Unit
No.
Make DOC Installed
Capacity
Available
Capacity
Fuel
ST-5 U.S.A 27.12.87 100 60 Comb.Cy.
ST-6 U.S.A 22.03.88 100 60 Comb.Cy. ST 6 U.S.A 22.03.88 100 60 Comb.Cy.
GT-7 U.S.A 20.12.85 100 80 Gas
GT-8 U.S.A 01.04.86 100 70 Gas
GT-9 U.S.A 06.03.86 100 80 Gas
GT-10 U.S.A 12.04.86 100 80 Gas
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UNIT UNIT- -WISE DETAIL WISE DETAIL
Unit
No. Make DOC
Installed
Capacity
Available
Capacity
Fuel
GT 11 G 27 09 92 136 80 G GT-11 Germany 27.09.92 136 80 Gas
GT-12 Germany 07.12.92 136 80 Gas
ST-13 Germany 17.03.94 143 40 C C
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PLANT PLANT- -WISE GENERATION DATA WISE GENERATION DATA
PLANT FIN-Yr Dep.
Cap.
Generatn
M. kWh
Units
Sold M.
kWh
Auxiliary
%
Load
Factor
%
Plant
Factor
%
S
,
G
u
d
d
u
07-08 1285 8065 7795 3.39 84 55
08-09 1285 8070 7705 4.53 84 56
T
P
S
09-10 1285 7212 6891 4.31 84 44
e
t
t
a
07-08 27 68 67 2.39 28 100
T
P
S
,

Q
u
e
08-09 27 77 75 2.71 35 89
09-10 27 120 117 2.03 55 89
T
O
T
A
L
07-08 1312 8133 7842 3.38 83 55
08-09 1312 8147 7770 4.51 83 55
T
O
09-10 1312 7332 7008 4.41 78 50
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PLANT PLANT- -WISE FUEL CONSUMPTION WISE FUEL CONSUMPTION
Plant FIN.Yr
Generat
n M
kWh
Fuel %
Fuel
Consumed,
MMBTU
/kWh
Thermal
Efficiency,
% Gas RFO
/kWh
u
d
d
u
07-08 8065 86 14 0.0100 34
08-09 8070 99.95 0.05 0.0104 33
G
u
09-10 7212 99.95 0.05 0.0105 32
07-08 68 100 - 0.0150 23
Q
u
e
t
t
a
08-09 77 100 - 0.0157 22
09-10 120 100 - 0.0157 22 09 10 120 100 0.0157 22
T
A
L
07-08 8133
08-09 8147
T
O
08 09 8147
09-10 7332
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COST OF GENERATION COST OF GENERATION
FIN.Yr.
Fuel
Cost,
Rs/kWh
Generatn
Cost,
Rs/kWh
Tariff as
per PPA,
Rs/kWh
Variance,
Rs/kWh
/ / /
d
u
07-08 2.39 2.68 *
G
u
d
d
08-09 3.53 3.88 *
09-10 3.76 4.18 *
Q
u
e
t
t
a
07-08 3.62 3.68 *
08-09 5.45 5.57 *
Q
09-10 5.65 5.72 *
T
A
L
07-08 6.010 6.360 *
08 09 8 980 9 450 *
T
O
T08-09 8.980 9.450 *
09-10 9.410 9.900 *
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SWOT ANALYSES SWOT ANALYSES
STRENGTHS
1. One of the largest Power Station in Public Sector.
2. Multi year tariff. y
3. Alternate fuel usage.
4. Vicinity to River Indus for water requirement and
disposal.
5. Diverse Technology.
6. Availability of land for capital expansion. y p p
7. Large talent pool.
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STRENGTHS .. Cntd.
8. Vicinity of major gas fields.
9. Availability of labour for labour intensive units.
10 E t bli h d i f t t 10 Established infrastructure.
11 Technical manpower rich in diversified experience 11.Technical manpower rich in diversified experience.
12. Defined rules, policies, procedures etc. 12. Defined rules, policies, procedures etc.
13. Experienced & dedicated engineers p g
14. Govt. / PEPCO guidance & support.
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WEAKNESSES
1. Restrictions on maintenance, major overhauling,
and rehabilitation of Plant and rehabilitation of Plant.
2. Ineffective predictive, preventive & proactive
i t maintenance.
3. Unlimited Forced outages.
4. Lack of capital investment.
5 Out dated maintenance management system 5. Out dated maintenance management system.
6. Insufficient Gas supply.
7. Dependence on OEM for MOH.
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WEAKNESS Cntd.
8. Recurrence of similar problems (Tech.).
9. Delay in arranging spares.
10.Lengthy/ time consuming processes for material 10.Lengthy/ time consuming processes for material
purchase.
11 Off route location 11.Off route location.
12.Limited Career growth and unattractive pay
packages packages.
13.De-motivated workforce.
14.Ineffective performance appraisal system.
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WEAKNESS Cntd.
15. Centralization.
16. Delayed decision making.
17. Unwritten job/goals statement.
18. High auxiliary consumption.
19. Ineffective material management system.
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OPPORTUNITIES
1. Increasing Power demand.
2. Global corporate based practices.
3. Vicinity to Indus River.
4. Vicinity to Gas Fields. 4. Vicinity to Gas Fields.
5. Use of technological advancement.
6. Use of land for expansion. 6. Use of land for expansion.
7. Modification / Rehabilitation of Plant.
8. Use of information technology. gy
9. Govt. commitment/ program to address Power
shortage problem.
10. Availability of Experienced Engineers and labour.
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THREATS
1. Competition with IPPs.
2. Limited Gas Quota.
3. Continuously deterioration of machines.
4. Operational based practices. 4. Operational based practices.
5. Changing technology.
6 d f l 6. Inadequate financial resources.
7. External Political and social interference.
8. Negative public perception.
9. Law & order situation.
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MAJOR ACHIEVEMENTS & MAJOR ACHIEVEMENTS &
CORPORATE GOALS CORPORATE GOALS
Activity Past
Achievements
Future
Goals/Objectives
U No 1 & 2 - Prepared for U.No. 1 & 2 Prepared for
Rehabilitation work .
U No 3 & 4 - - Do - U.No. 3 & 4 - - Do -
U.No. 5, 7 & 8 - - Do -
U.No. 6, 9 & 10 Rehabilitation
just to
completion
-
completion
U.No. 11, 12 &
13
- Major Overhauling
Paper work in
process.
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TENTATIVE REHABILITATION TENTATIVE REHABILITATION
PROGRAM BLOCKS 3 & 4 PROGRAM BLOCKS 3 & 4 PROGRAM, BLOCKS 3 & 4 PROGRAM, BLOCKS 3 & 4
Uni t s Est t d I nst al l ed Pr esent Fut ur e Ri se Uni t s Est t d.
Cost
MPKRs.
I nst al l ed
(MW)
Pr esent
(MW)
Fut ur e
(MW)
Ri se
(MW)
1 &2 345 220 100 200 100
3 &4 954 420 220 360 140
Time Required : 10 &14 Months
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TENTATIVE REHABILITATION TENTATIVE REHABILITATION
PROGRAM BLOCK PROGRAM BLOCK 2 G E 2 G E PROGRAM BLOCK PROGRAM BLOCK--2, G.E 2, G.E
Uni t s Est t d. I nst al l ed Pr esent Fut ur e Ri se
Cost
MUSD
(MW) (MW) (MW) (MW)
5,7,8
18 300 180 300 120
300 200 300 0
6,9,10
14 300 200 300 140
Time Required : 14 Months
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TENTATIVE REHABILITATION TENTATIVE REHABILITATION TENTATIVE REHABILITATION TENTATIVE REHABILITATION
PROGRAM, BLOCK PROGRAM, BLOCK--1,Siemens 1,Siemens
Uni t s Est t d.
Cost
I nst al l ed
(MW)
Pr esent
(MW)
Fut ur e
(MW)
Ri se
(MW)
MEURO
( ) ( ) ( ) ( )
11,12
4 674 415 200 400 200
,
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4.674 415 200 400 200
Time Required : 10 Months
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BRIGHT FUTURE
OC
PRESENT
C C
AFTER RISE IN
BLOCK CAPACITY
MW
REHABILI
TATION
MW
MW
MW
I 200 400 200
II 430 600 170 II 430 600 170
III 220 360 140
IV 100 200 100 IV 100 200 100
950 1560 610
Insha Allah the Goal will be achieved subject to the
Availability of FUEL & FINANCE
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BRIGHT FUTURE
CONSTRUCTION OF NEW
747MW PLANT
COMMENCEMENT OF WORK STARTED W.E.F 26.8.2010
COMPLETION SCHEDULE: 1
st
GAS TURBINE 26.01.2013
2
nd
GAS TURBINE 26.02.2013
STEAM TURBINE 26.08.2013
EPC COST USD 545.982M + PKR 4,536.242M
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THANX THANX
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FINANCIAL SUMMARY (1/3) FINANCIAL SUMMARY (1/3)
FY FY 09* FY 10* FY 11 FY 12 FY13 FY
08*
FY 09 FY 10 FY 11 FY 12 FY13
I ncome Statement Summary, Rs Million
Sales 21,777.415 29,584.398 29,236.555 24,849.105 37,875.631 55,503.991
- Cost of Electricity 21,132.355 31,021.507 30,396.568 27,549.584 30,827.904 40,074.437
- Operating Expenses 330.714 401.375 474.727 521.188 572.296 628.516
+Other Income 25481 53216 88699 1636699 88699 88699 +Other Income 25.481 53.216 88.699 1,636.699 88.699 88.699
- Fin. & other Exp. 293.858 345.837 270.905 525.616 1,317.918 1,855.896
= EBT 45.969 (2,131.105) (1,816.946) (2,110.584) 5,246.212 13,033.841
-Taxes 108.345 0.127 145.658 248.491 378.756 555.040
= Net Income (62.376) (2,131.232) (1,962.604) (2,359.075) 4,867.456 12,478.801
*Actuals
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FINANCIAL SUMMARY(2/3) FINANCIAL SUMMARY(2/3)
FY 08* FY 09* FY 10* FY 11 FY 12 FY13 FY 08 FY 09 FY 10 FY 11 FY 12 FY13
BalanceSheet Summary
Net Fixed Assets 5,827.921 5,299.601 5,879.902 30,478.533 55,276.172 66,572.337
Other LT Assets 20.321 26.096 31.290 31.290 31.290 31.290
Trade Receivables 7,824.480 6,512.655 3,883.120 3,883.120 3,883.120 3,883.120
Other Current Assets 4,764.446 9,573.035 13,859.579 14,252.149 18,430.206 31,702.418
Total Assets 18,437.168 21,411.387 23,653.891 48,645.092 77,620.788 102,189.165
Long-termdebt 1,457.714 1,043.199 699.583 29,010.164 53,430.002 65,385.084
Other long-term liab. 2,625.901 3,131.376 3,752.487 3,752.487 3,752.487 3,752.487
Payable to Fuel Suppliers 10136319 14580317 18041117 18041117 18041117 18041117 Payable to Fuel Suppliers 10,136.319 14,580.317 18,041.117 18,041.117 18,041.117 18,041.117
Other Current Liab. 553.180 1,123.673 1,590.576 630.181 318.583 453.077
Total Liabilities 14,773.114 19,878.565 24,083.763 51,433.949 75,542.189 87,631.765
Equity 3,664.054 1,532.822 (429.872) (2,788.857) 2,078.599 14,557.400
*Actuals
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FINANCIAL SUMMARY (3/3) FINANCIAL SUMMARY (3/3)
FY FY 09* FY 10* FY 11 FY 12 FY13 FY
08*
FY 09 FY 10 FY 11 FY 12 FY13
Key Ratios
Oper. Profit
Margin
0.01 -0.06 -0.06 -0.13 0.17 0.27
Opex as % of Opex as % of
Sales
0.02 0.01 0.02 0.02 0.02 0.01
Int. Coverage
Ratio
0.16 -6.16 -6.71 -4.02 3.98 7.02
Ratio
Trade Debt
Turnover
0.36 0.22 0.13 0.16 0.10 0.07
Fixed Asset
2 8 2 23 2
Fixed Asset
Turnover
0.27 0.18 0.20 1.23 1.46 1.20
LTD to Equity 0.40 0.68 -1.63 -10.40 25.7 4.49
T. Liability to T.
Assets
0.80 0.93 1.02 1.06 0.97 0.86
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MAJOR ASSUMPTIONS FOR PROJECTED MAJOR ASSUMPTIONS FOR PROJECTED
ACCOUNTS ACCOUNTS
Year Sales Cost of Sales
2010-
11
85 % of 2010 Actual Sales 90% of 2010 Actual Cost
2011-
12
130% of 2010 Actual
Sales
100% of 2010 Actual Cost
170% of 2010 Actual
2012-
13
170% of 2010 Actual
Sales + Generation of two
GTs of
747 MW CCPP
120% of 2010 Actual Cost +
Generation Cost of
747 MW CCPP
Admin Cost to be increased by 10% every year.
747 MW CCPP
Overhauling of Units 1&2 and 3&4 for Rs. 1,299 Million in the year
2010-11 from own sources.
Overhauling of Units 5 , 7 , 8 with grant from US AID US$ 18.1
Million
Receipt of Loan Rs. 60,000 Million for 747 MW CCPP over 3 year
period i.e. from 2010-11 to 2012-13. No repayment during p p y g
construction.
Cash & Bank balances used as balancing figure with other current
assets (other then balance with statutory authorities), long term
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WEAKNESSES/RISKS AND WEAKNESSES/RISKS AND
REMEDIAL MEASURES REMEDIAL MEASURES
Attribute Degree
of
Mgmt
Influen
Possible
Reasons
Remedy Implementat
ion/Support
ce
L
i) Freq.
T f
i) Compensati
S B M t Low
employee
morale
High
Transfers
ii) Low salary
iii) Over-
burdened
on Survey
ii) Performance
Based
Incentives
By Mgmt
By Mgmt
i) Pool Power
Forced
Outages
Med
i) Availability
ii) High losses
to be
allocated
ii) Direct
procurement
MWP
Policy
guidance procurement
of power
guidance
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