Customer Presentation. June 2012

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Our Goal : 1250 MW by 2015

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Our Mission

OPG’s mission is to provide Reliable, uninterrupted and unrestricted power at

competitive prices to HT Industrial and Commercial consumers

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Our Vision

OPG’s vision is to operate as an efficient, low cost producer maintaining the

highest technical standards as well as exceeding the norms prescribed by

environmental regulations

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► OPG Power Ventures Plc (OPGPV) is a company Listed in the London stock exchange (AIM)

► The operations of the Group are based in the Indian states of Tamil Nadu, Gujarat and Karnataka. The

Group’s power plants are held in individual Indian subsidiaries

► The main objective of each plant is to supply power to HT Industrial / Commercial Users

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► OPG Power Generation - coal based plant at Chennai

► Unit I - 77 MW, operational since 2010

► Unit II – 77 MW plant to be operational in 2012

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► OPG Energy

► 25.4 MW gas plant at Mayavaram

► OPG Renewable Energy

10 MW gas plant at Chennai

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Capacity Fuel Location Status

In operation

25.4 MW Natural Gas Mayavaram In operation

77 MW Coal Chennai In operation

10 MW Waste Heat Chennai In operation

In implementation

77 MW Coal Chennai Calendar 12

300 MW Coal Gujarat Calendar 14

12 MW Coal Bellary Calendar 14

2010

30 MW

2011

113 MW

2012

190 MW

2013

270 MW

2015

1250 MW

Chennai 77MW operational Mayawaram 6MW expansion Chennai 160MW Gujarat 300MW Bellary 12MW expected to commence J&K Rajasthan Gujarat UP Bihar MP Mah. Chatt. Orissa AP Karn. TN Jh. WB Delhi Kerala Chenna

i

Mayavaram Kutch Implementation Operation Bellary Chennai 77MW Chennai 80MW

OPG Plants Portfolio

2014

742 MW

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OPG Sales Model

► Supply Power to HT Industrial / Commercial Users under captive and 3rd party open access mechanism

► OPG supplies to a broad base of HT industrial and commercial customers as well as the State Utility (SEB)

via short term, medium term and long term contracts

► OPG offers competitive tarriffs

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Why is OPG the power supplier of choice?

► Meets Customers 100% Power Request

► Meets Customers 100% Peak Request

► Supplies power during the restriction period imposed by TANGEDCO

► Bridges the gap between sanctioned demand and demand quota

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Reliable, Uninterrupted Power Supply

► Can be availed if the supply feeder is dedicated

► If all the consumers in the feeder are clients of OPG

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Supply at Different Drawal Voltages

Supply is possible to all HT Industrial / Commercial Users of different drawal voltages:

► 11 KV

► 22 KV

► 33 KV

► 110 KV

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Process flow for Third Party Power Sale

STEP 1:

• Analysis of power requirements, short-term and long-term solutions

• Arriving at solution for exact requirement of 3

rd

_{party power}

STEP 2:

• Offer letter for supply of power, including price, payment details and all other terms & conditions

• Acceptance Letter from consumer

STEP 3:

• Apply for NOC from concerned SEB / TNEB

STEP 4:

• NOC to be submitted to OPG for obtaining necessary approval from TNEB (Approx.. 2-5 days

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STEP 5:

• The consumer entering third party sale have to execute an undertaking with the SEB

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Arvind Gupta – Managing Director and CEO

► Degree in Commerce from University of Madras.

► CEO of OPG Power Ventures from inception of the business in 2000.

► He also managed food and steel interests and real estate development of OPG Enterprises encompassing residential, commercial and logistics projects, a family business set up by Arvind’s father the late O.P. Gupta.

V.Narayan Swami – Finance Director

► Over 30 years of experience in investment banking, project finance and structured finance.

► Worked for Ashok Leyland, Best & Crompton, State Bank of India, Standard Chartered Bank, Trans Arabian Investment Bank at Senior Management Level.

► Was CFO of Essar Telecom Group when the business was sold to Hutchison Whampoa at a valuation of over $600m.

M.C. Gupta – Non-Executive Chairman

► Mr Gupta (no relation) is a retired Senior Civil Servant of the Indian Administrative Service (IAS), the premier civil service of India.

► Mr Gupta held senior civil service appointments including Secretary to the Ministry of Industry, Government of India, and Chief Secretary to the state government of Haryana.

Martin Gatto – Senior Non-Executive Director

► Considerable UK plc experience including CFO of British Energy Plc where he implemented the successful turnaround of the company.

► CFO Midland Electricity Plc where he sold the company to EON for £1bn.

► Also held CFO role at Somerfield plc and was CFO of Hilton International where he was also responsible for business development.

► Graduate of Brunel University, FCMA.

Mike Grasby - Non- Executive Director

► Extensive senior management experience in the engineering and utilities sectors in UK, Portugal, Turkey and Pakistan, Czech Republic, including senior vice president at International Power, manager of Drax Power Station, director of operations for National Power’s portfolio.

► Currently non-executive director of Drax Power. He is a member of the Remuneration and Nominations committees and Chairman of the Health and Safety Committee.

► Mr Grasby is a Chartered Engineer, FIET and FIMechE.

Ravi Gupta –Non-Executive Director

► The brother of Arvind, Ravi is a co founder of OPG Energy and Chairman of Kanishk Steel Industries Ltd.

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