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    Reliance Power Limited

    Corporate Presentation

    February 2013

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    Confidential

    Important Notice

    This presentation, which has been prepared by Reliance Power Limited (the Company), has been prepared solely for information purposes and do

    not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis of or be relied on in

    connection with any contract or binding commitment whatsoever.

    This presentation is strictly confidential and may not be copied, published, distributed or transmitted to any person, in whole or in part, by any

    medium or in any form for any purpose. The information in this presentation is being provided by the Company and is subject to change without

    notice. The Company relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness

    This presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company

    makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness,

    fairness and reasonableness of the contents of this presentation. This presentation may not be all inclusive and may not contain all of the

    information that you may consider material. Any liability in respect of the contents of, or any omission from, this presentation is expressly excluded.

    Certain matters discussed in this presentation may contain statements regarding the Companys market opportunity and business prospects that areindividually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject

    to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to,

    the performance of the Indian economy and of the economies of various international markets, the performance of the power industry in India and

    world-wide, competition, the Companys ability to successfully implement its strategy, the Companys future levels of growth andexpansion,

    technological implementation, changes and advancements, changes in revenue, income or cash flows, the Companys market preferences and its

    exposure to market risks, as well as other risks. The Companys actual results, levels of activity, performance or achievemen ts could differ materially

    and adversely from results expressed in or implied by this presentation. The Company assumes no obligation to update any forward-looking

    information contained in this presentation. Any forward-looking statements and projections made by third parties included in this presentation are not

    adopted by the Company and the Company is not responsible for such third party statements and projections.The distribution of this presentation in certain jurisdictions may be restricted by law and persons into whose possession this presentation comesshould inform themselves about and observe any such restrictions.

    You acknowledge that you will be solely responsible for your own assessment of the market and the market position of the Company and that you

    will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of the business of the

    Company.

    This presentation speaks as of February 2013. Neither the delivery of this presentation nor any further discussions of the Company with any of the

    recipients shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since that date.

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    DRAFT FOR DISCUSSION PURPOSES ONLY

    Confidential

    Contents Birds eye view of Rosa plant

    Slide 3

    1.Company Overview

    2.Performance of Operating plants

    3.Projects under implementation

    4.Financial Performance

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    Section 1

    Company Overview

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    DRAFT FOR DISCUSSION PURPOSES ONLY

    Confidential

    Reliance Power: A Snapshot

    1,840 MW of operational

    capacity

    Over 20,000 MW under

    implementation

    Constructing Indias

    largest gas-based power

    plant of 2,400 MW

    Won 3 of the 4 UMPPs

    awarded by GoI

    One of the largestcapacities of renewable

    energy projects under

    construction in India

    Power Generation Resources

    3 captive coal blocks in

    India with aggregate coal

    reserves of c. 2 bn tonnes

    Coal production started atMoher Mines (Sasan) -

    peak production 20

    million tonnes per annum

    3 coal concessions in

    Indonesia with estimated

    coal resources of c. 2 bn

    tonnes

    Planned peak coal

    production of 95 million

    tonnes

    4 Coal Bed Methane

    (CBM) blocksReliance Groups brand, experience and

    position in the Indian Power Sector

    Focus on environmentally friendly

    technologies

    Portfolio well diversified by fuel, fuel-source ,

    geography and offtake

    Largest coal reserves amongst private power

    generation companies

    Largest portfolio of power projects under

    construction and development in the private

    sector

    One of Indias leading power developmentcompany

    Slide 5

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    DRAFT FOR DISCUSSION PURPOSES ONLY

    Confidential

    Generation portfolio is well diversified by fuel type, offtake and location

    Reliance Power: Projects PortfolioPower Operation

    Project No. Capacity (MW)

    Coal based 1 1,800

    Solar 1 40

    PowerDevelopment

    Project No Capacity (MW)

    Hydroelectric 12 5,292

    Coal based 1 ~5,000

    Resources

    Asset No Resources

    Coal blocks-India 3 ~ 2 bn tonnes

    Coal mine-Indonesia 3 ~2 bn tonnes

    CBM blocks 4 193.92 BCM

    Butibori^(600 MW)

    Rosa #

    (1,200 MW)

    Tilaiya^

    (3,960 MW)

    Krishnapatnam^

    (3,960 MW)

    Chitrangi^(3,960 MW)

    Sasan^(3,960 MW)

    Samalkot^(2,400 MW)

    Sohagpur

    Kothagudem

    Barmer 4

    Barmer 5

    Coal Gas Coal Mines CBM blocks

    # Operating Projects; ^ Projects Under Construction; * Projects Under Development

    Solar CSP^

    (100 MW)

    Solar PV #

    (40 MW)

    Wind

    (45 MW)

    Renewable

    Hydro Projects *(672 MW)

    Hydro Project*(400 MW)

    Hydro Projects*(4,220 MW)

    Hydro

    Power Implementation

    Project No. Capacity (MW)

    Coal based 5 15,840

    Gas based 1 2,400

    Solar 1 100

    Wind 1 45

    Slide 6

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    Section 2

    Performance of Operating plants

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    1,200 MW ROSA: Operating Performance

    8

    Consistent growth in generation

    1,1911,004 987

    1,109

    2,055

    1,655

    2,407

    0

    500

    1,000

    1,500

    2,000

    2,500

    3,000

    Q1 FY12 Q2 FY12 Q3 FY12 Q4 FY12 Q1 FY13 Q2 FY13 Q3 FY13

    Units generated (MU)

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    1,200 MW ROSA: Financial Performance

    9

    Continuous growth in generation and profits

    529 474 441 514

    988 923

    1,312

    0

    500

    1,000

    1,500 Revenue

    All figs in Rs crore

    208163 163

    218

    346 360

    456

    0

    200

    400

    600 EBITDA

    11076 75 78

    136 141

    211

    0

    100

    200

    300

    Q1 FY12 Q2 FY12 Q3 FY12 Q4 FY12 Q1 FY13 Q2 FY13 Q3 FY13

    PAT

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    40 MW Solar PV, Rajasthan

    Continuous growth in generation and profits

    10

    12.913.8

    15.2

    8

    12

    16

    Q1 FY13 Q2 FY13 Q3 FY13

    Generation (million units)

    3.6

    6.7

    12.3

    0

    4

    8

    12

    16

    Q1 FY13 Q2 FY13 Q3 FY13

    PAT (Rs crore)

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    Section 3Projects under implementation

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    Progress of projects under construction

    Butibori: 600 MW

    Sasan UMPP: 3,960 MW

    Renewables: 300 MW

    Samalkot: 2,400 MW

    12

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    Progress of projects under construction

    Butibori: 600 MW

    Sasan UMPP: 3,960 MW

    Renewables: 300 MW

    Samalkot: 2,400 MW

    13

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    600 MW Butibori, Maharashtra: Highlights

    14

    Unit 1 synchronized on 25th June 2012

    Unit 2 synchronized on 2nd January 2013

    Exploring multiple avenues for power sale

    Petition filed with MERC for sale to RInfra on cost plus

    FSAs expected to be signed shortly

    Petition filed with MERC for cost plus power sale

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    Progress of projects under construction

    Butibori: 600 MW

    Sasan UMPP: 3,960 MW

    Renewables: 300 MW

    Samalkot: 2,400 MW

    15

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    3,960 MW Sasan UMPP, MP : First Unit Highlights

    16

    Boiler steam blowing completed

    Generator stator erection and TG box-up completed oil flushing in progress

    Powerhouse Building structure erection completed

    400 kV switchyard connected to the national grid

    765 kV switchyard energized

    First unit to be synchronized in the next few days

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    3,960 MW Sasan UMPP, MP : Other Highlights

    17

    Boiler hydro-test completed for second unit

    Boiler pressure parts erection commenced in all units

    TG deck casting completed in 3 units

    Shell concreting of both chimneys completed

    All units on track to be commissioned ahead of schedule

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    Sasan UMPP: Mine Highlights

    18

    Large sized equipment commissioned and put to use

    5 out of 6 nos. 42 m3 rope shovels in operation

    28 out of 55 nos. 240 tonne Dumpers in operation

    Mine Auxiliary Equipment (Cranes, Trucks) in Operation

    13 out of 18 large size Dozers and 5 out of 9 Graders in operation

    8 out of 16 Drills commissioned

    Coal produced sufficient to start power plant operations

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    Progress of projects under construction

    Butibori: 600 MW

    Sasan UMPP: 3,960 MW

    Renewables: 300 MW

    Samalkot: 2,400 MW

    19

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    2,400 MW Samalkot, AP: Highlights

    20

    Four gas turbines ready for generation

    Combined cycle commissioning to be based on gas availability

    Evaluating multiple options for gas sourcing

    Planning to set up FSRU in Kakinada in partnership with Shell

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    Progress of projects under construction

    Butibori: 600 MW

    Sasan UMPP: 3,960 MW

    Renewables: 300 MW

    Samalkot: 2,400 MW

    21

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    100 MW Solar CSP, Rajasthan: Status Update

    On track to be commissioned by May 2013

    22

    Entire land (340 hectare) under possessionLand

    Signed with NVVN at a levelized tariff of Rs 11.97/unitPPA

    Signed with R-Infra AREVA to provide Solar Field technology supply

    EPC

    Financial closure achieved with involvement of US Exim,ADB, FMO and othersFinancing

    Construction at site in full swingConstruction

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    Confidential Slide

    45 MW Vashpet Wind, Maharashtra: Status Update

    PPA signed with R-Infra, regulated tariff of Rs 5.67/unitPPA

    Signed with Global Wind Power Limited (GWPL) & Global Wind

    Infrastructure and Services Pvt Ltd ( GWISPL)EPC Contract

    Foundation work: Completed (40 MW) , WIP (5 MW)

    40 MW (16 WTGs) erected and trial run for 3 WTG in progressConstruction Activities

    USD 25mn - ECB from Axis Bank

    Balance through Rupee borrowingsFinancing

    Entire capacity to be commissioned by March 2013

    23

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    Confidential Slide

    Progress of projects under development

    Chitrangi Power Project: 3,960 MW

    Tilaiya UMPP & Coal Mines: 3,960 MW

    Hydro Projects: 5,292 MW

    Indonesian Coal

    24

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    Confidential

    3,960 MW Chitrangi, MP: Highlights

    To commence construction after forest clearance of Chhatrasal mines

    25

    Entire govt. land under possession

    Entire private land awarded, mutation and diversion completedLand

    CWC clearance for water from Gopad receivedWater

    Site leveling completed

    Main plant civil work ready to commenceConstruction

    Awaiting Stage II forest clearance for ChhatrasalCoal

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    Confidential

    3,960 MW Tilaiya UMPP, Jharkhand: Highlights

    Progress being made on all aspects of project development

    26

    Private land (186 acres): Ownership Transferred Forest land (1220 acres): Stage II Forest Clearance received. Final handover

    expected shortly

    Govt. land (167 acres): Final approval expected shortly

    Land

    R&R survey complete , R&R plan submitted to district administrationR&R

    Medical camps, Hand pump installation, Blanket distribution taken up

    NGOs identified and SHGs being formed for livelihood generationCSR

    Escrow Assessment study completed; ESIA/ESMP to meet IFC PerformanceStandards prepared

    Letter of Intent submitted to US EXIM for project financing; discussion withother overseas & domestic banks in progress

    Financing

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    Confidential

    Tilaiya Coal Mines, Jharkhand: Highlights

    Progress made on land acquisition and mine planning

    27

    Application for Section 4 notification under approval at State revenue dept. Forest Diversion proposal under approval at State Forest DepartmentLand

    Socio-economic survey completed

    LA proposal for 988 acres of land for R&R colony with State Revenue Dept. forissuance of Section 4

    R&R

    EIA/EMP submitted to MoEF; public hearing conducted in May 2012

    Stage-I Forest Clearance being processed for recommendation by State Govt.EC & FC

    Mining lease application with State Mining Dept. for prior approval to GoI

    NIT issued for major equipments; Discussions with OEMs in progressCoal Mining

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    Confidential

    5,292 MW Hydro Portfolio

    Uttarakhand

    (400 MW)

    Arunachal Pradesh

    (4220 MW)

    Himachal Pradesh

    (672 MW)

    Project LocationCapacity

    (MW)

    Tato II Arunachal Pradesh 700

    Siyom Arunachal Pradesh 1,000

    Kalai II Arunachal Pradesh 1,200

    Urthing Sobla Uttarakhand 400

    Emini Arunachal Pradesh 500

    Amulin Arunachal Pradesh 420

    Mihundon Arunachal Pradesh 400

    Purthi Himachal Pradesh 300

    Teling Himachal Pradesh 94

    Shangling Himachal Pradesh 44

    Sumte Kothang Himachal Pradesh 130

    Lara Sumta Himachal Pradesh 104

    5,292

    Development activities in progress for each project

    28

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    Confidential

    700 MW Tato-II, Arunachal Pradesh: Status Update

    Project at advanced stage of development

    29

    Award for entire project land (786 acres) pronounced by State Govt. R&R Plan submitted to GoAP for approval & implementationLand

    Techno-economic clearance obtained from CEA

    Techno-Economic

    Clearance

    Environmental clearance and Consent to establish obtainedEnvironmental

    Clearance

    PPA signed with Delhi Discoms for 60% power. Regulatory approval in process

    PPA signed with Mumbai Discoms for 40% power. Regulatory approval inprocess

    Power Sale

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    Confidential

    Indonesian Coal: Highlights

    51,000 m of drilling completed in all 3 concessions

    JORC Resources and Reserves certified by Marston, USA

    All major clearances obtained

    Detailed mine plan for commencement of mining prepared

    Coal production to start in 2013

    30

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    Section 4Financial Performance

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    DRAFT FOR DISCUSSION PURPOSES ONLYConfidential

    Robust Financial PerformanceTotal Income (Rs crore)Total Income (Rs crore) EBITDA (Rs crore)EBITDA (Rs crore)

    PAT (Rs crore)PAT (Rs crore)PBT (Rs crore)PBT (Rs crore)

    42

    1,049

    1,958

    3,677

    801

    869

    809

    342

    0

    1,000

    2,000

    3,000

    4,000

    5,000

    FY10 FY11 FY12 9 mth FY1317

    416

    753

    1,312

    700

    676

    618

    278

    0

    500

    1,000

    1,500

    2,000

    FY10 FY11 FY12 9 mth FY13

    5164

    423

    717

    698608

    529

    247

    0

    200

    400

    600

    800

    1,000

    1,200

    FY10 FY11 FY12 9 mth FY13 4132

    339

    592

    680628

    528153

    0

    200

    400

    600

    800

    1,000

    FY10 FY11 FY12 9 mth FY13

    Continuous increase in contribution from generating assets

    Contribution from generating assets

    Others

    Slide 32

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    Thank You


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