Tata Power Company Limited · NSE:TATAPOWER

Tata Power — Merger or Acquisition (April 2022)

8 slides from Tata Power's merger presentation, Apr 14, 2022

  1. Slide 1: Tata Power Renewables – India's Most Comprehensive Renewable Energy Platform to Raise ₹4,000 Crores

    Tata Power Renewables – India’s Most Comprehensive Renewable Energy Platform to Raise ₹ 4,000 Crores 14th April 2022

  2. Slide 2: Renewable Business Segments

    RENEWABLE BUSINESS SEGMENTS EPC & GENERATION ROOFTOP SOLAR PUMPS EV CHARGING MANUFACTURING Utility Scale Solar, Wind, Large Projects Solar EPC Govt. tenders & Direct EV Charging Hybrid, Storage & Group & Solar Module EPC & PPAs consumer sale Infrastructure Captive manufacture Generating Capacity EPC

  3. Slide 3: …Message Box ( Arial, Font size 18 Bold)

    • 500 GW national target by 2030; >20 GW Annual green energy opportunities Renewable Generation • Expertise in wind and solar execution gives a competitive advantage as sector is shifting towards Hybrid / Storage / RTC and future green Hydrogen requirement • Excellent execution track record across d

  4. Slide 4: Consolidation of business under single HoldCo

    Existing Structure Consolidation of business under EV Charging single HoldCo Tata Power Company Ltd Rooftop PPA Wind Assets Captives 100% - All renewable businesses under a single umbrella TPREL TP Green TP Saurya TPSSL - GenCo, EPC Co. and New Businesses under single umbrella Solar Utility Scale &

  5. Slide 5: Post-transaction structure

    Tata Power Company Limited BlackRock Real Assets TPREL (Utility + Rooftop) TPSSL SPVs SPV (EPC + Solar (Utility Scale EV Charging Captive Cos. (Manufacturing) Pumps) Generation) …Message Box ( Arial, Font size 18 Bold)

  6. Slide 6: Transaction

    ▪ BlackRock (along with Mubadala as co-investor) – BLK SPV will invest in Tata Power Renewable Energy Ltd (TPREL) TRANSACTION ▪ Pre-money base equity valuation of ₹ 34,000 Crore subject to adjustments based on FY 23 EBITDA ▪ The BLK SPV will invest ₹ 4,000 Crore in two equal tranches of ₹ 2,000 Cror

  7. Slide 7: About Tata Power and BlackRock Real Assets

    • India’s largest integrated power company with installed capacity of 13,171 MW, presence across Generation, T&D and Renewabless. 33% of the portfolio is clean and green. • With development of pipeline of ~ 1.6 GW, the current Solar & Wind portfolio is ~ 4.9 GW • #1 Solar EPC Company in India with 3

  8. Slide 8: Thank You!

    Thank You! Website: www.tatapower.com Email Id: investorrelations@tatapower.com Contact: +91 (0) 22 6717 1305 Disclaimer: The contents of this presentation are private & confidential. Please do not duplicate, circulate or distribute without prior permission. …Message Box ( Arial, Font size 18 Bold)

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