Reliance Power Limited · NSE:RPOWER

Reliance Power — Investor Presentation (February 2019)

13 slides from Reliance Power's investor presentation, Feb 21, 2019

1. Slide 1: Reliance Power Limited

   Reliance Power Limited 21st February 2019

2. Slide 2: Agenda

   Agenda  Project Portfolio  Operating Performance  Financial Performance  Key Updates  Summary Slide 2

3. Slide 3: Project portfolio

   Project portfolio Coal-based Power ….well diversified by fuel type, off-take and location Gas-based Power Renewable Operational Projects Coal Mines Project No. Capacity (MW) Coal-based 3 5,760 Rosa Solar CSP Solar 2 140 (1,200 MW) (100 MW) Solar PV Wind 1 45 (40 MW) Total 6 5,945 Sasan Coal Mine 1 2

4. Slide 4: Operating portfolio with unique strengths

   Operating portfolio with unique strengths Sasan - 3,960 MW Rosa-1200 MW Butibori-600 MW Renewable-~200 MW  Competitively bid  Cost-Plus (Sec 62)  Cost-Plus (Sec 62)  Competitively bid (Sec 63) Solar CSP  Long-term PPA with  Long-term PPA with  Long-term PPA with 7 Uttar Pradesh AEML – Mumbai

5. Slide 5: Robust operational performance - 9MFY19

   Robust operational performance - 9MFY19 Sasan : Best-in-class performance Availability – 92%; PLF – 94% Rosa : Most reliable plant in UP Availability – 86%; PLF – 49% VIPL : High M/C avail.; On track to resolve U1 FSA Availability – 59%; PLF – 54% Solar PV – 40 MW Availability – 100%; PLF – 20% Vash

6. Slide 6: Largest private sector coal producer in India - 18 MTPA

   Largest private sector coal producer in India – 18 MTPA 13.12 Million MT coal produced  575 mn tonnes coal reserves in 9 M FY19  20 MTPA Production capacity 57.41 Million BCM overburden removal in 9 M FY19 Highest monthly production, 1.72 Mn MT in June’18 Largest coal mine in India by volume handl

7. Slide 7: Strong financial track record

   Strong financial track record Total Income – Rs. Cr Net Profit – Rs. Cr 1200 1104 12000 10622 10892 10123 1011 1027 1028 1035 1000 867 895 10000 9 MTH 760 9 MTH 7202 6899 800 680 8000 6000 5284 5546 600 2767 400 4000 1918 200 2000 0 0 Total income has grown at CAGR of 27% Consistent Profits EBIDTA -

8. Slide 8: Strong Balance sheet - conservatively financed

   Strong Balance sheet – conservatively financed Gross Fixed Assets – Rs. Cr Net worth – Rs. Cr 60000 22482 23284 24000 21367 49150 51071 51027 50186 19468 20632 20226 50000 46080 18581 39273 20000 16833 17569 40000 16000 14028 28303 30000 12000 20000 16260 8000 9143 10000 4000 0 FY10 FY11 FY12 FY13 F

9. Slide 9: Update on regulatory matters

   Update on regulatory matters Sasan Power Limited  Favorable order from APTEL regarding Change in Law in Construction Phase  Appeal in APTEL was against grounds disallowed by CERC.  Remanded the matter to CERC for quantification of grounds approved by APTEL  To create a value upside of nearly Rs.

10. Slide 10: Update on projects under development (1/2)

    Update on projects under development (1/2) Samalkot / Bangladesh Project  Samalkot equipment to be deployed in Bangladesh Project – providing equity in kind  Phase I -750 MW is under implementation and Phase – II of 1500 MW to follow  All Project agreements finalized and approved by various GoB e

11. Slide 11: Update on projects under development (2/2)

    Update on projects under development (2/2) Krishnapatnam UMPP  Consequent upon Delhi High Court order, working on returning the SPV to PFC / Procurers for Buyback Price  Buyback as per the terms of Share Purchase Agreement  Buyback Price will fetch the payment made to PFC at the time of SPV trans

12. Slide 12: Strong fundamentals; remain unchanged

    Strong fundamentals; remain unchanged 1 Operating Projects delivering robust performance  Portfolio operating at PLF of 81% vs. national average of 62%  Sasan continues to record best in class performance 2 Significant regulatory resolutions in pipeline  Aggregate in excess of Rs. 5000 Cr. – Sasa

13. Slide 13: Thank You

    ReELIANCe Thank You

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