Alstom AR

120 Pages·2015·4.93 MB·English

KEY EVENTS 2014-15
Alstom and Power Grid officials at the contract signing ceremony India’s first locally manufactured 800 kV HVDC
of Phase 2 of 800 kV Champa-Kurukshetra UHVDC link transformer flagged off from Vadodara
National Transmission Asset Management Centre at Manesar successfully commissioned
Dr. Arup Roy Choudhury, CMD, NTPC, at Hon’ble Minister of Energy, Mr. Piyush Goyal
the 8th edition of Alstom Grid Technical Days inaugurating the Alstom booth at GRIDTECH 2015
TABLE OF CONTENTS
02 04 06
CORPORATE ALSTOM GROUP ALSTOM GRID
INFORMATION
08
10 12
ALSTOM T&D INDIA
OUR PORTFOLIO MAKING IN INDIA
LIMITED
SINCE 1957
58
13 14 15
MANAGEMENT
ARCHITECTS OF FINANCIAL DIRECTORS’
DISCUSSION AND
THE NATIONAL GRID HIGHLIGHTS REPORT
ANALYSIS REPORT
64 80
82
REPORT ON AUDITORS’ CERTIFICATE
INDEPENDENT
CORPORATE ON CORPORATE
AUDITORS' REPORT
GOVERNANCE GOVERNANCE
86 114 116
FINANCIAL ALSTOM GRID PRODUCT GLOSSARY
STATEMENTS PORTFOLIO
ANNUAL REPORT 2014-15
ALSTOM T&D India Limited
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From left to right:
Chandan Roy, S.M. Momaya, Kirit S. Parikh, Isabelle Compain-Gerlier, Rathindra Nath Basu,
Bhanu Bhushan, Michel Augonnet
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ALSTOM T&D India Limited
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CORPORATE INFORMATION
BOARD OF DIRECTORS COMMITTEES OF DIRECTORS
Michel Augonnet, Audit Committee
Chairman1 Chandan Roy, Chairman1
Rathindra Nath Basu Bhanu Bhushan2
Managing Director
Isabelle Compain-Gerlier3
S. M. Momaya
T. S. Vishwanath4
Whole-time Director & Chief Financial Officer
Pierre Laporte5
Chandan Roy
Bhanu Bhushan2 1 Chairman of the committee w.e.f. 23.07.2014
2 Member of the committee w.e.f. 23.07.2014
Isabelle Compain-Gerlier3 3 Member of the committee w.e.f. 29.05.2015
Kirit S. Parikh3 4 Ceased to be chairman and member of the committee
w.e.f. 01.07.2014
Rakesh Nath4 5 Ceased to be member of the committee w.e.f. 29.05.2015
Ravi Kumar Krishnamurthy Stakeholders Relationship Committee
Alternate Director5 Chandan Roy, Chairman1
T. S. Vishwanath6 Rathindra Nath Basu
Pierre Laporte S. M. Momaya2
T. S. Vishwanath3
1 Chairman w.e.f. 01.07.2014
2 Director w.e.f. 23.07.2014 1 Chairman of the committee w.e.f. 23.07.2014
3 Director w.e.f. 28.03.2015 2 Member of the committee w.e.f. 23.07.2014
45 MDirr.e Rcatovri wK.uem.f.a 0r 1K.0ri6sh.2n0a1m5urthy was alternate director 3 Ceased to be chairman and member of the committee
w.e.f. 01.07.2014
to Mr. Pierre Laporte upto March 27, 2015 and was
Corporate Social Responsibility Committee
appointed as alternate director to Mr. Michel Augonnet
w.e.f. March 28, 2015. Due to Mr. Laporte’s presence Chandan Roy, Chairman
in India at various times during the financial year ended
Rathindra Nath Basu
March 31, 2015, Mr. Krishnamurthy ceased to be an
alternate director for short spells of time and was S. M. Momaya
intermittently re-appointed as an alternate director to Nomination and Remuneration Committee
Mr. Pierre Laporte from time to time.
6 Ceased to be director and chairman w.e.f. 01.07.2014 Chandan Roy, Chairman
Michel Augonnet
COMPANY SECRETARY Bhanu Bhushan1
Manoj Prasad Singh T. S. Vishwanath2
1 Member of the committee w.e.f. 23.07.2014
AUDITORS
2 Ceased to be member of the committee w.e.f. 01.07.2014
M/s. S.N. Dhawan & Co.
Chartered Accountants REGISTRARS AND SHARE TRANSFER AGENTS
COST AUDITORS C B Management Services (P) Limited
M/s. Shome and Banerjee P-22, Bondel Road, Kolkata - 700 019
Cost Accountants
Tel. No. 91 33 40116700 (100 lines)
M/s. Jugal K. Puri & Associates
Fax No. 91 33 40116739
Cost Accountants
Email: [email protected]
BANKERS
REGISTERED OFFICE
Axis Bank Limited
A-18, First Floor,
Bank of Tokyo - Mitsubishi
Okhla Industrial Area,
Citibank N.A.
Phase II, New Delhi - 110 020.
Credit Agricole CIB
Tel. No. 91 11 41610660
HSBC
Fax No. 91 11 41610659
ICICI Bank Limited
IDBI Bank Limited WEBSITE
Standard Chartered Bank www.alstom.com/india
CORPORATE IDENTITY NUMBER
L31102DL1957PLC193993
ANNUAL REPORT 2014-15
ALSTOM T&D India Limited
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Alstom is a global leader in the world of power generation, power transmission and rail
infrastructure and sets the benchmark for innovative and environment friendly technologies.
Alstom builds the fastest train and the highest capacity automated metro in the world,
provides turnkey integrated power plant solutions and associated services for a wide variety
of energy sources, including hydro, nuclear, gas, coal and wind, and it offers a wide range of
solutions for power transmission, with a focus on smart grids.
Overview of an Alstom facility
Thermal Power Renewable Power
Thermal Power sector designs, manufactures, and delivers Renewable Power offers the most comprehensive range of
solutions which allow customers to generate competitive, renewable power generation solutions for integrated power
eco-friendly, reliable and flexible power. It has the industry’s plants covering hydroelectricity, wind, geothermal, biomass,
most wide-ranging portfolio of thermal technologies - coal, solar (concentrated thermal and photovoltaic) as well as wave
gas, oil and nuclear and holds leading positions in turnkey and tidal stream energies. In addition, it provides individual
power plants, power generation equipment, air quality control components including all types of turbines and generators and
systems and services for the installed base. It is also a pioneer has a full range of services, including plant modernisation,
in carbon capture technologies. maintenance and operational support.
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ALSTOM T&D India Limited
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Grid Transport
Alstom Grid designs, manufactures, installs and services the A promoter of sustainable mobility, Alstom Transport develops
power transmission and distribution products and systems for and markets the most complete range of systems, equipment
electrical utilities and industries worldwide. It has over 130 and services in the railway sector. Alstom Transport manages
years of experience and ranks among the top three in the entire transport systems, including trains, signalling,
electrical transmission sector. Alstom Grid has one common maintenance and modernisation, infrastructure
mission: be its customers’ trusted partner, from the source to and offers integrated solutions.
the city.
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ALSTOM T&D India Limited
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KEY STATISTICS

3
Among the top global players with
a 12% market share
4
Sales around billion euros
90%
of power utilities worldwide
have been equipped by Alstom Grid
87

manufacturing and
engineering sites
24

R&D Centres of Excellence
5
and R&D Technology Centres
in 13 countries worldwide
17,000
employees
in 17 countries
4%
of sales invested
yearly in R&D
130
Over years of experience
6 1200 kV Bina substation in Madhya Pradesh
ALSTOM GRID
Energising a Smarter World...
Alstom Grid has one clear vision: to develop innovative solutions for a
flexible, reliable, affordable and sustainable electrical grid, everywhere.
It is the world’s leading provider of engineered solutions and products
that empower the planet’s low carbon economy, for now and for the
future. It designs, manufactures, installs and services the power
transmission and distribution products and systems for smart and
conventional power grids, aimed at electrical utilities and industries.
With over 130 years’ experience, Alstom Grid has played a central role in
the development of electrical transmission and distribution grids. Today,
it ranks among the top three in the electrical transmission sector with an
annual sales turnover of around €4 billion. Alstom Grid’s 17,000
employees are spread across 87 manufacturing and engineering sites
worldwide and have one common mission: be its customers’ trusted
partner, from the source to the city.
The power generation market has largely diversified recently with the
introduction of renewable energy. To cater to the growing varied market,
Alstom Grid has a wide array of solutions for various segments as well as
for the power generation market itself.
Alstom Grid develops the systems that transform the electrical grid into
a smarter grid by delivering smart grid solutions, improving the reliability
and performance of the grid. As a technology leader in the transmission
domain, it is also playing a vital role in the development of Supergrids to
allow integration of new generation sources, to deliver clean power.
ANNUAL REPORT 2014-15
ALSTOM T&D India Limited
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8 First ‘Make in India’ 800 kV HVDC transformer dedicated to the National Grid