1India Power Overview

2

Evolution of SREI

Fast Track Growth – Infrastructure Business

IPCL

DPSC

3

Businesss VerticalBusinesss Vertical

4

Business Overview - Power

•Thermal 12 MW Dishergarh 42.2 MW

Dishergarh/Chinakuri• Wind

10.4 MW Karnataka 24.8 MW Gujarat 60 MW Rajasthan

Generation• Expansion Plans

3 X 1 5 0 M W H a ld ia -

T h e r m a l P o w e r

( U n d e r E x e c u t io n )

2 x 2 7 0 M W

R a g h u n a th p u r

2 x 1 0 0 M W W in d

P o w e r in R a ja s th a n /

G u ja r a t

• Expansion Plans 3X150 MW Haldia-

Thermal Power

( Under Execution) 2 x 270 MW

Raghunathpur 2x100 MW Wind

Power in Rajasthan / Gujarat

• Distribution 245 MVA Connected

load till March’12

- 33 KV Substations

Distribution

• Expansion Plans Distribution Licensee

/ Franchisee 220 KV substation 400 KV ISTS

Connectivity PMS / Consultancy Power Trading

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2010

2008

2007

2006

2003 Incorporated as a Power Generation, Distribution, Transmission & Trading Company

Commissioned 10.4 MW Wind Power Plant in Karnataka, India

Commissioned 24.8 MW Wind Power Plant in Gujarat, India

Set up India Power Corporation (Haldia) Limited to develop Thermal Power plant

in West Bengal

Acquisition of DPSC Ltd, one of the oldest Power utility companies in India

India Power History

2012 Commissioning of 60 MW Wind Farm in Jaisalmer, Rajasthan

2011 Started Implementing 450 MW Thermal Power Project in Haldia

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Fuel Supply DistributionGeneration

• Haldia• Raghunathpur and others• Acquired• Tolled• Group captive

Long Term contracts• PPAs

Short Term contracts• Bilateral STOA• Power Exchanges

• License Area+ areas• Other License areas

• Distribution Franchisees• Distribution Licensees

Portfolio Management Solution• Industrial Clusters• Open Access consumers

Mine Ownership

Short term coal procurement

Coal Linkage

Other Sale• PSAs• Bilateral STOA• Power Exchanges

Presence across the entire power value chain

Vision:A Comprehensive Power Solutions Provider

Power Sector – 5 yrs Plan

Power Sector Growth Plan Distribution Business Growth Plan

2011-12 2012-13 2013-14 2014-15 2015-16 2016-170

1000

2000

3000

4000

5000

6000

7000

Generation Distribution Others

2011-12 2012-13 2013-14 2014-15 2015-16 2016-170

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

DPSC Area PMS New DF/License

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Board of Directors

Managing Director

CEO Distribution Business

Chief Engineer – Distribution

Distribution & Generation Assets

Operation

270 MW Raghunathpur

Technical Services /

Projects/QOHAS

Corporate Services

President New Initiatives

Thermal Project Development

Hydro Project Development

CEO Generation Business

SPV IPCL Haldia

SPV-IPCL Bihar

SPV-IPCL Gujarat

Head Renewable Project

Core team –Strategic Business

Initiative

Chief- Business Development

Distribution

Power Management Cell

Wind Power Development

PMS / Consultancy

Proposal Coordination

team

Chief Financial Officer

Finance & Accounts

Resource Mobilization

Financial Risk Review

Chief -H R Admin & I R

HR DPSCL/IPCL

Admin DPSCL/IPCL

IR DPSCL

SPV-IPCL Haldia HR Admin & IR

Head Corporate Affairs – Delhi

Office

President Corporate Affairs

Govt /Corporate Relation

Public Relation/Media

Intra Group Relation/

Coordination

Corporate Services

Commercial / Procurement

Regulatory Affairs & Budget &

Costing

Legal

IT Support Services

- BPM -INFRA -APPLICATIONS & CRM

- GOVERNANCE

Company Secretary

Internal Audit

Organization Structure

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Distribution Business

Performance ( 2011-12)

License Area and Expansion Key Growth Drivers

Low Cost and Quality Power

Beyond License area operations

Plan for 2012-15 Commissioning of 12 MW PP

220 KV / 400 KV STU/CTU connectivity

to reduce cost of power purchase

Strategic initiatives Optimal Infrastructure with load

scheduling initiatives.

Create strategic load centre including infrastructure facility

Distribution Support Service to Intra-Group initiatives

Most Competitive Tariff by 2014-15

FY11-12

Revenue (Rs Cr) 544.7

MVA / MU (units) 246.0 998

EBIDTA 35.1PBT 17.4

Plan ( 2012-15)

FY 12-13(Rs Cr)

FY 13-14(Rs Cr)

FY 14-15(Rs Cr)

Revenue 800 1000 1200

MVA (License Area) 327 370 450

MVA (Outside) 114 230 550

EBIDTA 66 100 120

Our Existing Licensing Area with new S/Stn

Chalbalpur

Parbelia

Dhasaldanga

Ningha

Dhadka

• DPSC is one of oldest power utility in India, Est. 1919, and Engaged in Distribution business in and around Asansol-Raniunj License area of 618 Sq. km in West Bengal

• DPSC Limited has been adjudged ‘top performer’ by "ET 500” in 1995.

• Lowest T & D Loss figures in India at 3.3%

• Steady demand growth with a CAGR of 11%

• Supplies survival power to critical utilities like Railways, underground coal mines of Eastern Coalfields Limited, Hospitals.

• DPSC Limited, facilitated commissioning of the Asia’s first and the largest 2 MW Grid Connected Solar PV.

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Sourcing Points: MVA

DVC

Dishergarh Receiving Station

32.0

Seebpore Receiving Station

38.0

Luchipur Receiving Station

37.5

Satgram Receiving Station

20.0

WBSEDCL

Garui Point 45.0

Bankola Point 20.0

OWN GENERATION (Net)

Chinakuri Power Station 27.5

Dishergarh Power Station

12.0

TOTAL 232.0

DPSC – Distribution Business

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0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

15.24%

46.21%

3.47%

1.16%

4.79%

29.14%

WBSEB

MINES

RAIL

GOVT/PHE/PU

Commercial

Industry

Consumer Portfolio Max KVA %

1.WBSEDCL 33, 956.00 15.24%

2. Mines 102, 984.00 46.21%

3. Rail 7, 739.00 3.47%

4. Govt. /PHE /PU 2, 577.00 1.16%

5. Commercial 10, 672.00 4.79%

6. Industry 64, 933.02 29.14%

Distribution – Customer Portfolio

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Generation Business

Plan ( 2012-15)Thermal FY 12-13 FY 13-14 FY 14-15Revenue (Cr) - 321 1351MW - 300 450EBITA - 50 119

Synergy with Group Companies SIDCL & SNRPL

Wind FY 12-13 FY 13-14 FY 14-15

Revenue (Cr) 89 271 396

MW 195.2 350 500

EBITA 11 75 118

Thermal Generation

3X150 MW IPCL Haldia

12 MW Dishergarh (License Area)

MOUs in MP, Gujarat & Jharkhand

Wind New Wind Assets in Rajasthan &

Gujarat @ 100-150 MW/year

Figure in Rs. Cr.

Power Generation

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GENERATION

India Power Corporation Ltd

Wind Power

DPSC Ltd.

Thermal Power

10.4 MW Karnataka

24.8 MW Gujarat

450 MW Haldia

1320 MW Bihar

1320 MW Gujarat

12 MWDishergarh

270 MWRaghunathpur

42.2 MWDishergarh

Existing

Thermal Power

660 MW MP

60 MW Rajasthan

Operational

Under Construction

Generation Plant Status

Under Development3300 MW Jharkand

BUSINESS STRATEGY

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Regulatory Load Growth Strengthen Power Purchase

Rationale Licensed Business, Regulatory Approval

Provide Competitive Tariffs

Core

Adjoining

Growth

Expansion Distribution License/ Franchise

Extend License area

Rationale •Geographical Derisking•Leverage Group Assets

Regulated load growth

C

A

G

Growth Proactive License M&A

Rationale • Proactively admit EOI for Licensees across areas in West Bengal

•Acquire Licensee within India and Internationally

Building on our Core Competency of Power Distribution

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Generation Wind Generation Coal Generation

Rationale • Faster Implementation•Higher Returns per each MW of capacity

•Focus on Fuel security

Expansion Hydro Gas

Rationale •Base load with no Fuel issues

Implementation easeProvide Peak Load Management

C

A

G

Growth Power Management Services

M&A

Rationale •Manage Group Assets across Geography• Margins are not

Regulated

•Acquire Projects Domestically & Internationally

Core

Adjoining

Growth

Capacity generation to focus on faster turnaround projects coupled with Fuel Security

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Project Capex. – Generation

Exchange Rate – INR46/USD

Capacity Addition through IPCL LocationEstimated

Capex

INR Crores

450 MW (3 X 150 MW) Thermal Power Plant Haldia (WB) 2,446

60 MW Wind Power Plant Rajasthan 325

100 MW new Wind Power Plant Rajasthan / Gujarat 600

Capacity Addition through DPSC LocationEstimated

Capex

INR Crores

12 MW (1X12 MW) Thermal Power Plant Dishergarh 72

540 MW (2 X 270 MW)Thermal Power Plant Raghunathpur 3,084

TOTAL ESTIMATED CAPEX 6,527

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Projected Capex. – Distribution

Year Projected distribution load

Estimated Capex

INR Crores

PRESENT 250 MVA NA

2012-13 ( License Area + Expansion) 441 MVA 175

2013-14 ( License Area + Expansion) 600 MVA 200

2014-15 ( License Area + Expansion) 1000 MVA 225

TOTAL ESTIMATED CAPEX 600

Thank You

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