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Minda NexGenTech Limited

INTEGRATED RENEWABLE ENERGY SOLUTIONS

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THE MINDA GROUP

Set up in 1958 as an Ammeter manufacturing small scale unit Leading supplier of automotive components to almost all OE

manufacturers in India today – 2/3/4 Wheelers, Commercial and Off-Road Vehicles

OE suppliers to key global customers 26 manufacturing locations in India 2 Green Field Units in Indonesia, Vietnam. Another unit being

explored Targeted T/O : Rs. 2000 crores ($ 400 M) in 2011-12 The concept of Rs.10,000 crores in next 5years

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ENTRY INTO NON AUTOMOTIVE BUSINESS - THE RATIONALE

De-risking strategy Diversification – integral part of the growth plans of the group to

touch 10k Leveraging the existing core strengths of the Group: Manufacturing,

Quality, Customer Orientation, Product development, Project Management & Execution, Distribution and after sales service

Increasing the attractiveness of the Group to a Financial Investor/Public at large

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MINDA NexGenTech Limited

Incorporated on April 13, 2011 Minda Industries Ltd. has a 26% stake Remaining stake held by Minda Investor Companies Intended to bring in Financial Involvement of employees as well,

and of PE/VC investors moving forward Sunrise industry : Hence objectives will be Top-Line, Bottom-Line

as well as Enterprise Value Enhancement

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BUSINESS STRUCTURED UNDER THREE VERTICALS

MINDA NexGenTech

LTD.

POWER GENERATION

ENERGY EFFICIENCY SERVICES

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OUR VISION

Minda NexGenTech, an integrated, end-to-end Power Solution Renewable Energy Company

Bringing light, energy to the lesser privileged, in India as well as globally

In a win-win, financially viable, self sustaining Business ModelSupported by ongoing Investments and Innovations in

Technology, Research and Development

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OUR DREAM

To create a viable Business model with strong social commitment and built in CSR component.

To establish New Paradigms for integration of Renewable Energy with Sustainable Rural Development.

To develop capability where by every single day of the year, there is some village somewhere in the country being electrified by the Minda Group - Touching Lives.

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Village Electrification through Solar Micro Grid Power plant

Village Nagla Dhuli, District Firozabad, Uttar Pradesh, India

CASE STUDY

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VILLAGE OVERVIEW – NAGLA DHULI

200 Households Un-electrified Village, 60 kms from Firozabad Kerosene lamps are the only mode for lighting during night hours.

Kerosene is procured @ Rs 14.60/- per litre from PDS, & Rs 28/- to Rs 30/- from open market.

Wood is the only energy source used for cooking. Approximately, 5 kgs used by each household on a daily basis

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OBJECTIVE

To test technical, commercial viability for using a Solar Power Plant for Energy Access

Establish a community based model of Operation & Revenue Collection

To encourage villagers to use smokeless Stoves/Chula's To develop a Model to be replicated/scaled up in other villages Base revenue collection as part of Revenue Generation/

Entrepreneurship model or a social development model

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Form a village committee (VC) comprising 3-4 members in consultation with Nodal agencies, Block Development Officer (BDO) and Gram Pradhan

The committee can help in setting up the plant by getting involved with civil works related to solar structure and pole mounting.

Train the local villagers to handle issues related to the Micro Grid Power Plant – routine maintenance, trouble shooting, etc.. Also, matters related to Village Development.

OWNERSHIP OPPORTUNITIES AT THE VILLAGE

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OPERATIONAL MODEL

Supply Power to the entire village using a 1.5km grid line to lighten 2 LED lamps of 1.5 watt each for 6 hours with an additional facility for mobile charging

Dual Timer to avoid human intervention

Provision to expand the system on demand

Battery Autonomy for 1.5 days (10 hours)

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Revenue Generation/Entrepreneurship Model : Revenue collection used for Maintenance & Upkeep of Power Plant EMIs for loans taken ROI for investment made by a local entrepreneur Overall Project Payback < 36mths and Minda is open for part investment with

the Entrepreneurs/Equity InvestorsSocial Development Model : Revenue collection used for

Village Development Facilitating employment generation/income enhancement

Overall, Energy Access to lead to/facilitate Education- Providing greater benefits to children Employment- Manual Grinder for grinding of Dal and Spices ,Bangle

manufacturing for women folk, Making of Paper Bags, Stitching activities Women’s Empowerment- Formation of SHG Sustainable, all round Rural Development

WORKING MODEL

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NAGLA DHULI – A GLIMPSE

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AC Power pilferage - A common concern faced in the villages for which special fuses were installed at junction boxes fixed to the poles

Ownership Issue – The model being community based results in lack of ownership from the villagers in terms of maintenance of the plant

OBSERVATIONS/LEARNINGS

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Ten villages identified for installing DC based power plantsShift from AC based Solar Plants to DC power plants Pre-paid Cards to be used to avoid defaultsBiomass Plant- 32kw in progress in Araria district BiharDiversification from one state to pan India operations Roll out of Service CentersAssociation/Tie-up with NGO’sPlan to electrify 1800 villages in next 5years

ROAD AHEAD

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Minda Provides End to End Solution

Provides Energy efficient Solutions

Manufacturers LED Lights, Home Lighting Solutions, Solar Lantern, and Street Lights

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Corporate Office AddressMinda NexGenTech Ltd37-A,Rajasthan Udyog NagarNew Delhi-110033

Website: www.mindagroup.comFor further details email:pbhasin@mindagroup.com