Page 33 - Index
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02-40 CORPORATE OVERVIEW 41-59 STATUTORY REPORTS 60-147 FINANCIAL STATEMENTS
Our Business Strategies to Deliver on our Vision
At PGInvIT, we are focused on driving productivity and operational efficiency, ensuring value accretive growth through acquisitions and diversifying and optimising our assets through efficient capital structure. We intend to achieve long-term and sustainable growth by making investments in stable and revenue generating power transmission projects. We believe our key business strategies will enable us to deliver returns to our Unitholders ensuring Consistency, Stability and Visibility.
Our Strategies & Core Pillars
STRATEGY 1 STRATEGY 2 STRATEGY 3
Focused business model with Capitalise on value accretive Optimisation of transmission productive and operational efficiency growth through acquisitions and assets through an efficient
Pillars
Own power transmission assets
Leverage Sponsor’s and Investment Manager’s industry knowledge and experience
Maintain high transmission availability through routine and breakdown maintenance, use of latest techniques and installation of Emergency Restoration System at strategic location for quick restoration
Optimise operating costs, deploy prudent asset management practices and incorporate new and efficient technologies
Following industry best practices in operation & management, corporate governance, and environment, health and safety (EHS) practices
Train employees
non-transmission revenues
Pillars
Capitalise on our position as preferred route of monetisation to explore opportunities and acquire power transmission projects
Explore opportunities to acquire assets of Sponsor’s other TBCB subsidiaries which have received permission from CCEA of GoI to monetise through the InvIT route
Seek to generate non-transmission revenue, including by leasing of optical ground wire and transmission towers
capital structure
Pillars
Maintain an optimal and varied portfolio of transmission assets
Maintain efficient capital structure
Employ appropriate financing policies and diversify sources of financing to minimise overall cost of capital
Consider both private and public markets, for raising debt capital, to acquire additional power transmission projects
Improved operating efficiency and business performance
Maximising incentive revenue and optimising operating costs
Increase in revenue generation Extension in life of existing assets
Enhanced efficiency of capital expenditure
Increase in long-term, regular and predictable cash flows
Enhance returns to Unitholders Potential for long-term capital growth
Diversification in revenue sources
Optimised overall cost of capital Improved Balance Sheet strength
POWERGRID Infrastructure Investment Trust 31