…Message Box ( Arial, Font size 18 Bold) Leaders’ Online Q2 FY14 1 Presentation Title ( Arial, Font size 28 ) Date, Venue, etc..( Arial, Font size 18 )

…Message Box ( Arial, Font size 18 Bold)Leaders’ Online Q2 FY14 1

Presentation Title ( Arial, Font size 28 )

Date, Venue, etc..( Arial, Font size 18 )Tata Power - Leader’s Online

Q2 FY14 Performance

…Message Box ( Arial, Font size 18 Bold)Leaders’ Online Q2 FY14 2Leaders’ Online Q2 FY14

SAFETY


SAFETY PERFORMANCE

Measures

Q2

ACTFY14

PLAN FY14

ACT FY13

Safety Training

0.54 0.25 0.52

Lost Time Injury

Frequency Rate

(LTIFR)

0.37 0 0.1

Training Man-days have exceeded the Plan

1 LTI each in Distribution, Jojobera and Gadag.


HIGHLIGHTS


HIGHLIGHTS

Tata Power has been awarded the “Most Respected Company” in the “Power and

Infrastructure Sector” in Business World Awards.

Tata Power has won the “Energize Awards 2012-13” for “Excellence in Power Transmission” and

“Excellence in Power Distribution”

Tata Power has won the “Maharashtra Chamber of Commerce Industry and Agriculture ”

(MACCIA) Award for 2013 in the “Power and Energy Category”.


HIGHLIGHTS

Tata Power’s Trombay Thermal Power Station bags three National Awards at the 14th Annual Excellence in Energy Management Awards

Tata Power wins four awards at the 53rd Association of Business Communicators Awards Nite 2013 held at Mumbai Silver for Enerji Talk the company’s internal magazine in the category for bilingual publicationSilver for Enerji Talk in the category ‘Feature story’ sectionSilver for Tata Power Photo Gallery in the Photo Feature categorySilver for TPDDL’s external newsletter ‘Samachar’ in the Best Newsletter Category


HIGHLIGHTS

Tata Power’s Jojobera QC Team bags the Excellence Award at International Convention for Quality Control Circles, Taipei

Tata Power acquires 39.2 MW wind farm in Gujarat. Thus the total capacity of Tata Power is 8560 MW and the Wind Capacity is 437 MW.


Business Operations Highlights

Q2 FY 14


Generation

Total : Plan - 14102 MUs Actual - 10501 MUs

Q2 FY14 Trombay Jojobera Haldia Hydro Wind Solar Mundra Maithon IEL

Plan 2200 773 228 372 332 0.87 8149 1567 461 Actual 1670 747 223 477 286 0.58 5425 1211 443

PLF (%) Plan 63 82 92 38 40 13 89 68 87 Actual 48 79 90 48 34 9 59 52 84

Plan 92 98 99.5 97 98 99.8 95 74 98 Actual 94 99 100 99.9 98 99.6 86 65 99

Generation

Availability(%)


Generation HighlightsHydro Units have performed better than plan.

Trombay: Unit # 6 has been kept as standby due to high cost of generation and operation of the unit at low PLF in Q1. However, Availability and Heat Rate have been favourable as compared to the target.

Mundra : All operation parameters have not met plan on account of power surrender by Discoms and Forced outages in the quarter. Performance Guarantee tests for turbine, HP/ LP heaters and condenser were successfully conducted for Unit- 30 and Unit- 40.

Jojobera and IEL: Generation for units 1 to 5 has been lower due to low offtake by the consumer. However, Availability, Auxiliary Consumption and Heat Rate have been favourable as compared to the target.

Maithon: Forced outage of Unit # 1 Generator Transformer for a period of two months has resulted in lower Availability, Generation, PLF and higher Auxiliary Consumption. However, Heat Rate has been favourable as compared to the target.


TransmissionFY14 Q2 Mumbai

TransmissionLost Time Incidents 0

Transmission Grid Availability (%)

Plan 99.8Actual 99.84

Overhead Line Faults per 100 Ckt KMs

Plan 1.63Actual 2.55

Transmission grid availability has been better than plan and Norm at 99.84% (Normative: 98%)

There is an increase in overhead line faults mainly on account of transient faults and bird faults


DistributionFY14 Q2 Mumbai

Distribution

Lost Time Incidents 1

Average System Availability Index (ASAI)

Plan 99.95

Actual 99.99

FY14 Q2 Mumbai Distribution

Network Addition (CKt KMs) Plan 84Actual 115Total Network (Ckt KMs) Plan 1864Actual 1893Consumer Substation Added

Plan 10Actual 13

In FY 14 Q2 we added 17,422 welcome consumers taking total number of welcome consumers to 3,80,985 and we have added 2451 direct consumer totaling to 51,070 direct consumers.

Retail sales have grown from 1699 MU in FY13 Q2 to 1718 MU (1.18%) in FY14 Q2


DistributionThe Distribution division has been enhancing power supply Reliability through Technological

interventions for it’s consumers in Mumbai. Some of the key initiatives being undertaken are as

follows;

Old CIS system has been replaced with Customer Relationship Management Software. This provides

complete customer information in a single glance.

Improved condition monitoring techniques have been implemented by installing Thermovision scanning

cameras, Line Resonance Analysis.

Power quality meters and surveillance camers have been installed at all Distribution Substations.

Geographical Information System has been deployed to keep network updated for planning and

providing supply to new consumers. This is also used for capturing location of new meters.

Solar power packs have been installed in DSS to reduce Auxiliary Consumption as a Sustainability

initiative.

4 nos 250 KVA mobile DG set vans have been introduced to restore powersupply during emergencies.

Due to recent tariff order issued by MERC, the tariff of Tata Power is higher than RInfra. This has

led to reverse changeover of consumers to Rinfra from Tata Power.


Sustainability

Q2 FY 14


Care for Environment

- Environment compliance for all operating divisions are being tracked through DISHA System.

- Specific initiatives have been undertaken by Operating Divisions to improve Green Manufacturing Index: Recycling of DM plant effluent, Instaling Sewage treatment plants, Rain and waste water harvesting, Developing green belts at Mundra, Maithon & Jojobera, Energy conservation and efficiency improvement


Care for Employees

Metrics PlanActual (Q1)

Training Coverage (YTD)

20% 42%

Training Mandays per employee

1.25 1.37

TARANG Sessions

4 3TRAINING COVERAGE HAS EXCEEDED THE PLAN

Various training programs are being carried out across locations- Safety, Health & Environment- Behavioral Training or People Development- Power System management – to improve technical acumen- Project Management- Leadership Training3 Tarang Sessions delivered on Electrical ‘Cable Ties’ for on-schedule commissioning of Mundra UMPP units, Industrial Relations – The Japanese way, Electricity Market Structure in Turkey

Greenolution:

Greenolution is used to educate employees on various aspects of resource conservation.Key achievements by employees is also shared across all divisions through .Some of the key initiatives shared are

- Design of unique recovery system from Steam Water Analysing System at Trombay- Use of e-card for wishing colleagues in the festive seasons etc.

CAPABILITY DEVELOPMENT


Care for Customers:

The company has been enhancing power supply Reliability through Technological

interventions for it’s consumers in Mumbai.

11 customers have registered for ‘Walk through Energy Audits’ in H1 of FY 14.

2 Demand Response events were conducted in Q2, wherein 12 MWH load shift

achieved.

A total of 6 Residential customer meets have so far been held in H1 of FY 14.

Safety audits conducted for 10 large places of public congregation and Safety

Inspections for 55 consumers were carried out in Sept ’13.

Tata Power has signed an MoU with Energy Efficiency Services Ltd (EESL) for

energy conservation. This initiative is to implement energy efficiency projects for large

Heating, Ventilation and Air-conditioning (HVAC) consumers and also to promote the

replacement of R22 based chillers with new environment friendly and energy efficient

chillers


Care for Community

Tata Power had left no stone unturned in helping the affected villagers on account of Cyclone Phailin . Tata Power along with Tata Relief Committee provided emergency power supply for the relief operations and donated over 4500 Solar lanterns for the affected villages.

Tata Power’s Community Relations activities are grouped into 5 major areas of thrust;

1. Augmenting Rural Primary Education System - VIDYA (वि�द्या�)

2. Building and Strengthening Healthcare Facilities – AROGYA (आरो�ग्य) (for Health and Sanitation) and

Swachch Jal ( स्�च्छ जल)(for all Water related)

3. Enhancing Programmes on Livelihood and Employability – SAMRIDDHI (समृ�द्धि�) (for Livelihood) and

DAKSH (दक्ष)(for Employability)

4. Building Social Capital and Infrastructure – SANRACHNA (स�रोचना�)

5. Nurturing Sustainability for Inclusive Growth (including Rural Energy)- AKSHAY (अक्षय)


Care for Community

The company has partnered with Committee of Resource

Organizations (CORO) for launching an initiative aimed at

empowering women of Chembur area. The objective of this

endeavour is to enhance the leadership qualities and

intervention capacities of women and integrate community

development in Mumbai.

Tata Power along with Tata Power Community Development Trust (TPCDT) has launched the “Swachch

Jal” program which will benefit more than 1000 school children. 40 “Swachch Jal Units” were distributed in

16 schools from Kundli-Shirwata catchment villages under the aegis of this program.

Tata Power has mobilized Women towards better living through Self Help Groups (SHGs) in Gujarat,

wherein,

• Company provides training and capacity building for rural women

• This has enabled financial independence of women


Standalone Financial Performance


Tata Power Standalone at a Glance` Crs

Q2 FY14 Actual

Q2 FY14 ABP

H1 FY14 Actual

H1 FY14 ABP

3404 3906 -502 A Generation MUs 7301 7889 -588 A

598 462 136 A Purchases MUs 1098 916 182 A

3762 4008 -246 A Sales MUs 7898 8127 -229 A

2165 2533 -367 A Operating Income 4597 5182 -585 A

1606 2002 -395 F Operating Exps 3462 4134 -672 F

559 531 28 F Op. Profit before Adjustments 1135 1048 87 F

43 21 22 F Adj. re: MYT Order / ATE Order / Others 210 43 168 F

602 552 50 F Op. Profit after Adjustments 1345 1091 254 F

46 247 -201 A Other Income 226 512 -286 A

649 799 -151 A EBIDTA 1571 1603 -31 A

347 425 -78 A PBT 897 866 30 F

262 311 -49 A PAT 619 634 -15 A

Var over ABP

Var over ABP

PAT is lower in the quarter than plan mainly due to lower dividend from coal companies and higher forex loss


Standalone Generation at a GlanceMU's

Q2 FY14Actual

Q2 FY14 ABP

% Var over ABP

H1 FY14Actual

H1 FY14 ABP

% Var over ABP

1670 2200 -24% Trombay 3943 4594 -14%

478 372 28% Hydro 861 700 23%

2147 2572 -17% Mumbai Operations 4804 5294 -9%

747 773 -3% Jojobera 1496 1551 -4%

286 332 -14% Wind 543 584 -7%

1 1 -33% Solar 2 2 -17%

223 228 -2% Haldia 457 459 0%

1257 1334 -6% Outside MO 2497 2595 -4%

3404 3906 -13% Total 7301 7889 -7%

Generation is lower in the quarter mainly due to shutdown of Unit 6 in Trombay and lower PLF in Poolawadi


SBUwise Operating Profit` Crs

Q2 FY14Actual

Q2 FY14ABP

H1 FY14Actual

H1 FY14ABP

217 233 -7% Generation 519 483 8%

110 96 14% Transmission 211 192 10%

68 67 2% Distribution 144 139 4%

42 19 116% MYT Reversal / Others 207 39 433%

437 416 5% Mumbai Operations 1082 852 27%

65 57 12% Jojobera 127 114 11%

11 (1) -1656% Belgaum (5) (2) 115%

99 111 -11% Wind Farms 191 203 -6%

(0) (2) -75% Lodhivali (1) (4) -74%

20 28 -27% Haldia 45 58 -22%

1 1 -39% Solar 3 3 -13%

195 195 0% Outside Mumbai Operations 361 373 -3%

12 13 -2% SED 15 15 -2%

11 6 98% Services 17 7 135%

23 18 28% Other Business 31 22 42%

(53) (76) -31% Corporate (128) (157) -18%

(38) (56) -33% Head Office (87) (118) -26%

(15) (19) -23% BD/Rep. Ofices/ Others (41) (38) 7%

602 552 9% Total 1345 1091 23%

% Var over ABP

% Var over ABP


Q2 FY14 TPCL Standalone Variance Waterfall


Q2 FY14 Mumbai Operations Operating Profit` Crs

416

- 14 1 23 16 - -

-

437

-

50

100

150

200

250

300

350

400

450

500

ABP Q2 FY 14 Generation Transmission Distribution Others Actual Q2 FY 14

Reversal of rev accrued in Q1 FY 14 on Interest on Entry tax on Fuel offset by higher hydro incentives

Higher Captz in FY 13 than plan and under-spent in O&M Expenses

Higher carrying cost on regulated assets


Q2 FY14 Outside MO Operating Profit

` Crs

195

7 11 - - - 1

--

12 7 1 -

195

-

50

100

150

200

250

ABP Q2 FY 14

Jojobera Belguam Wind Haldia Solar Lodivali Actual Q2 FY 14

Reversal of provision for

doubtful debts

Lower contribution re: lower avg rate realization ( Actual

2.50 per unit Vs ABP 2.91 per unit)

Normative gain on LDO

consumption and higher incentives

Lower generation due to lower wind pattern

in all wind farms


Capex Performance Q1 FY14

` CrsCapex

Capitalization

243

50 56 15

58 26

96

544

249

112 73

21 31 16 11

513

0

100

200

300

400

500

600

Mumbai Gen. Mumbai Trans.

Mumbai Dist. Outside MO Other Business

Corporate Land Tata Power

ABP Actual

2448 54

425 23 20

198216

128

568 18 6 2

434

0

50

100

150

200

250

300

350

400

450

500

Mumbai Gen. Mumbai Trans.

Mumbai Dist. Outside MO Other Business

Corporate Land Tata Power

ABP Actual


Consolidated Financial Performance


Tata Power Consolidated at a Glance

PAT is higher in the quarter mainly due to better operating performance by Tata Power Standalone and CGPL , no impairment provisions which is offset by higher forex loss and lower realisation in the coal companies.

` CrsQ2 FY14

ActualQ2 FY13

Actual

% Var over PY

H1 FY14 H1 FY13 % Var over PY

Operating Income 8765 7700 14% 18104 14954 21%

Operating Exps 6734 6189 9% 14006 12029 16%

Operating Profit 2031 1510 34% 4,098 2925 40%

Other Income (293) 68 -528% (521) 131 -497%

EBIDTA 1738 1579 10% 3578 3056 17%

Finance Cost 803 624 29% 1706 1174 45%

Depreciation 689 542 27% 1340 1048 28%

PBT before Impairment 246 413 -40% 531 834 -36%

Provision for Impairment 0 250 -100% 0 250 -100%

PBT 246 163 51% 531 584 -9%

Tax 125 223 -44% 460 449 3%

PAT before MI & Share of Associates 120 (60) 302% 71 135 -47%

Share of loss of associates for the year 13 5 143% 16 7 147%

Minority interest 58 29 98% 128 80 60%

PAT 75 (84) 189% (40) 62 -164%


Breakup of PAT after Minority Interest ` Crs

Q2 FY14Actual

Q2 FY13Actual

Holding H1 FY 14Actual

H1 FY 13Actual

262 296 Tata Power - Standalone 619 608

(31) (271) CGPL & Coal Group (277) (243)

107 159 Indonesian Coal & Infrastructure 30% 276 292

125 (4) Coal SPVs 100% 216 45

(297) (461) CGPL 100% (846) (626)

(297) (211) Operations (846) (376)

- (250) Financial Impairment - (250)

7 8 Energy Eastern 100% 13 7

28 27 Trust Energy 100% 65 38

71 20 Indian Subsidiaries 166 71

36 21 TPDDL 51% 79 59

9 (31) Maithon 74% 34 (44)

(24) (9) Tata Solar 100% (38) (22)

10 6 TPTCL 100% 22 11

18 16 IEL 74% 34 31

14 14 Powerlinks 51% 28 28

8 3 Others 6 8

(8) (16) JVs (33) (25)

(7) (11) Cennergi 50% (29) (17)

(1) (5) OTP Geothermal 50% (4) (8)

(0) (1) Others (0) (1)

13 5 Associates 16 7

4 (0) Tata Projects Ltd. 48% 9 6

9 5 Panatone Finvest Ltd 40% 7 0

0 - Others 1 0

(231) (118) Eliminations (Net) (530) (355)

75 (84) Total (40) 62


Growth and Business Development

Q2 FY 14


Projects Under Construction: Kalinganagar, Odhisha (CPP1- 3 x 67.5 MW) – Boilers: Steam drum lifting for all the boilers has been completed. Erection of all pressure parts for

Boiler-1 has been completed and the same is in progress for Boilers-2 & 3.– Station Building: Casting of Units-1 & 2 Turbine Generator deck has been completed. – Transformer Yard: Both the Station Transformers have been erected as also Units-1 & 2 Unit Auxiliary

Transformers. – Chimney: Wind-shield concreting has been completed for Chimney-1. Wind-shield concreting is in

progress for Chimney-2 (55.5 M out of 120 M completed as on Q2 FY14).– About 1,000 contract workers are working at site. 4.8 million man-hours of safe working recorded as on

Q2 FY14.

32

Unit-1 Boiler erection in progress Unit-1 Station Building construction


Projects Under ConstructionDagachhu Hydro (2X63 MW)

– HCC (civil works contractor) has completed 99% concreting works of the dam. Overall 100% tunneling

works has been completed.

– All electro-mechanical and hydro-mechanical equipment have been delivered at site. The rotor

assembling for Unit-1 has been completed and installation of balance of plants is under progress. Power

transformers have been erected and installation of Gas Insulated Switchgear equipment has been

completed.

– Erections of gates, stoplogs and desilter have been completed including dry commissioning.

– The project is being pursued to be commissioned around May 2014, before monsoon.

33

Dam Concreting- 99% works completedLowering of Rotor for Unit-I in Power House Cavern


Projects Under Construction

34

Wind - Pethshivpur wind project (49.5 MW)

• Forest stage II clearance has been obtained by Regen.

• Due diligence of site conditions was carried out by Tata Power team and accordingly change order has

been issued.

• Project completion is now targeted by May 2014.

Palaswadi Solar Project, Maharashtra (28.8 MW)

• Acquisition of entire land of 130 acres required for the project has been completed.

• Orders for all the packages have been placed

• Project team & vendors have been mobilized at site & work has been commenced. Scheduled project

completion including phase-II of switchyard is by end March 2014.

Erection of mounting structures and Solar modules is in progress at site


Domestic Projects being pursued Tiruldih, Jharkhand (3*660 MW) – The land acquisition is in progress and cumulatively around 431 acres of land has been registered in the

name of the company (24 acres of land in Q2 FY14). Application for 74 acres of Govt. land (GM) has been made.

– Three land parcels identified for setting up township near plant premises are under scrutiny.– Tata Consulting Engineers (TCE) has been appointed as the consultant for pre engineering studies.– Various survey studies like hydrology survey for water intake point finalization, river high flood level survey

for finalizing plant boundary, hydro-geology survey for rain water/ ground water harvesting and satellite imagery have been completed.

Dugar Hydro, Himachal Pradesh– AF-Consult is undertaking geo-technical investigations and development of Detailed Project Report (DPR).

Application for clearances for land acquisition would be made post finalization of the project layout.– Report on Hydrological studies has been submitted to CEA/ CWC for approval.– Pre-feasibility report for a mini hydro (for construction power) has been submitted to Government of

Himachal Pradesh for allocation.

Dehrand:

Land acquisition: – Private Land: 725 acres of private land has been acquired till date (12 acres in Q2 FY14). Post approval of

High Power Committee, Government of Maharashtra (GoM) for acquisition of balance land (250 acres) under section 32 (5) of Maharashtra Industrial Development (MID) Act, the issuance of notice has commenced from October 24, 2013 with targeted completion in November 2013.

35


Business Development – Domestic : Thermal & Hydro

States of Interest

Gujarat

Thermal (Mundra exp) 1600

Maharashtra

Pumped storage 1320

Thermal (Dehrand) 1600

Himachal Pradesh

Hydro (M&A) 420

Hydro (M&A) 260

Dugar 380

Uttarakhand

Hydro (M&A) 99

Orissa

UMPP 4000

Thermal (TSL) 160

Mandakini coal 1320

Jharkhand

Thermal (Maithon) 1320

Thermal (TSL) 60 + 30

Tubed &Ganeshpur coal 1980

Existing conventional presence

Existing renewable presence

Thermal 10720 MW

Hydro 2100 MW

Tamil Nadu

UMPP 4000


Targe

t

Operational

Under build

Vision Gap

TSL C

aptive

plants

Brownfield

Projec

ts

Greenfield

Projec

ts

Balance

Capaci

ty

Active

Pipeline

0

2000

4000

6000

8000

10000

12000

14000

16000

18000

20000

Business Development – India (Conventional)

Capacity with clear line of sight

Capacity with resource secured *

Hydros (2500 MW)GreenfieldPumped storage, MH – 1320 MW

BidUnder-build HP – 380 MW

M&A Under-build UK, HP – 800 MW

Thermal (~ 11000 MW)GreenfieldDherand , MH – 1600 MW

Bids Orissa UMPP – 4000 MW Tamil Nadu UMPP – 4000 MW Jharkhand Case 2 – 1320 MW

M&A There are stranded assets in the market not considered in the pipeline

18000

8094 203

9703

730

2920

3300

2753 11320

TSL Captive projects (730 MW)Mundra Expansion (1600 MW)Maithon Expansion (1320 MW)

Mandakini EUP (1320 MW)Tubed + Ganeshpur EUP (1920 MW)

* - Resources Secured include land, fuel or PPA


States of Interest

Gujarat

Solar (land 86 acres) 20

Wind (Greenfield) 40

Wind (Turnkey) 130

DDG (M&A) 15 + 15

Solar (M&A) 80

Wind (M&A) 40

Maharashtra

Solar (Greenfield) 30

Wind (turnkey) 200


DDG 24

Wind (M&A) 94

Rajasthan

Solar (land 213 acres) 50

Solar (M&A) 25

Wind (M&A) 60

Wind (Turnkey) 79

Tamil Nadu

Wind (M&A) 74

Orissa

DDG (Naraj-biomass) 10

Business Development: India Business & Renewables

Karnataka


Wind (M&A) 63

Wind 950 MW

Solar 200 MW

DDG 70 MW

Delhi

TPDDL Bids (Solar) 20

TPDDL Bids (Wind) 50

JNNSM 750 *

* Assumed a bid of 50 MW


Business Development – India (Renewable)

Target

Operational

Under build

Under deve

lopment

Total Visi

on gap

Wind Visi

on gap

Solar V

ision gap

Geothermal V

ision gap

DDG Vision G

ap0

500

1000

1500

2000

2500

3000

3500

4000

4500

4000

426

294

329

2951

1748

444260

500

Capacity with clear line of sight

Operational Wind (398 MW) Solar (28 MW)

Under BuildDiganchi (28 MW) – SolarVisapur (32 MW) – Wind

Cennergi (234 MW) – Wind

Under Development Sorik Morapi (240 MW) – GeoTPethshivpur (49.5 MW) – Wind

ASW Windfarms (39.2 MW) – WindRooftop Solar (0.069 MW) - Solar

M&A, Turnkey & Greenfield Opportunities of >1000 MW under

evaluation in Maharashtra, MP, Rajasthan, Karnataka and Gujarat.

Land already acquired for 120 MW in Rajasthan, Gujarat and

Maharashtra. M&A of 35 MW in evaluation. TPDDL and JNNSM bids

under progress

Orissa (10 MW) M&A Opportunity (15 MW)

Rooftop Solar (10 MW)


Acquisition of 39.2 MW Windfarm in Gujarat

Project Capacity 39.2 MW

LocationBhatia, Jamnagar district, Gujarat

Original Project Cost Rs.243 Cr (Rs 6.2 Cr/MW)

WTG Manufacturer Wind World India Pvt. Ltd.

Plant Load Factor 21.5% (Average of 2 years of operation)

O&M Agreement Wind World India Pvt. Ltd.

COD of the Project June 2011

Power Purchase 25 year PPA with GUVNL for a tariff of Rs.3.56/ kWh

Land detailsMix of Private, Revenue and Forest Land

CER Registration Registered with UNFCCC

Share Purchase Agreement executed to acquire 100% shares of AES Saurashtra Windfarms Pvt Ltd (ASW) on 8th October, 2013.

ASW is a 100% subsidiary of AES Corporation – a US based utility Company with 40,000 MW of operating capacity

The acquisition will enhance the operational capacity of TPREL to 85.2 MW. TPREL is expected to have 146 MW of Wind & Solar capacity by March 2014

TPREL emerged as a successful bidder in a limited process run by AES.

The transaction is expected to be completed by December

Both parties are currently seeking lender consents for change of ownership.


Opportunities in pipeline

Opportunities being pursued

Interested geographies

USAJV + Coal-

offtake

South AfricaJV + Coal off-take

Business Development – Resources

ColumbiaJV + Coal off-take

Mozambique

RussiaJV + Coal off-take

AustraliaCoal off-take + Acquisition


Indonesia Thermal &

Hydro Plants

Vietnam 1320 MW Thermal

Project

UAE Thermal Plant

UKProcess Gas Based

Cogen Plants

Turkey Hydro & Thermal

Plants / Distribution

Zambia Hydro Project

Opportunities in pipeline

Opportunities being pursued

Projects under implementation

Nigeria Distribution &

Generation Privatization

Myanmar 600 MW Thermal

Project

Southern Africa Power Projects

Business Development - International

Vietnam Thermal & Hydro

Plants

Georgia Hydro Project

South Africa Wind Projects


Business Development - International

234 MW Wind Projects in South Africa and 335 MW Hydro Projects in Georgia

Thermal Projects in Middle East , Vietnam, Myanmar and Hydro Project in Zambia

Documents

…Message Box ( Arial, Font size 18 Bold) Leaders’ Online Q2 FY14 1 Presentation Title ( Arial, Font size 28 ) Date, Venue, etc..( Arial, Font size 18 )