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Corporate Presentation

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• Core Values • Transparency • The Customer is always right • Encouraging Individual initiative • Continuous Learning • Teamwork

PTC: Vision and Core Values

• Vision • To be a Frontrunner in developing a vibrant Power

Market and striving to correct market distortions

3

PTC: Genesis & Objectives

28 April 2016

PTC India Ltd. (PTC), was established in 1999 by Govt. of India as a Public-Private Initiative

Board with eminent persons from the Government and Industry

Established with primary focus on

• promoting power trading to optimally utilize existing resources

• attract viable investments in the power sector on the strength of multi-buyer model

• creating a Power Market in India and the neighboring countries

Promoted by public sector majors in the industry : NTPC, POWERGRID, PFC and NHPC

Stock listed on BSE and NSE since 2004; widely held by institutions

4

PTC: Shareholding

• Diversified shareholding

• Board with eminent persons from Government and Power Sector

• Professionally managed

Promoters 16%

Mutual Funds

15.40%

FIs/Banks 2%

Insurance Cos. 17%

FIIs 28%

Others 23%

As on 31.03.2015

NTPC

India’s largest thermal power

generator

POWERGRID

India’s Central Transmission

Utility

PFC

Development Financial

Institution dedicated to the

power sector

NHPC

Largest Hydroelectric

power generator in India

Promoters

Mr. Deepak Amitabh Chairman and Managing Director

Ms. Jyoti Arora Director (Jt. Sec., Ministry of Power)

Mr. Ajit Kumar Director (Commercial & Operations)

Mr Arun Kumar Director (Finance) & CFO

Dr Rajib K Mishra Director (Marketing and Business Development)

Mr. A. K. Agarwal Director (Nominee of PFC)

Mr. Anil Razdan Independent Director (Former Secretary, Ministry of Power)

Mr. Dipak Chatterjee Independent Director (Former Secretary, Ministry of Commerce)

Mr. D. Swarup Independent Director (Former Secretary, Budget, Min. of Finance)

Mr. Hemant Bhargava Director (Nominee of LIC)

Mr. H. L. Bajaj Independent Director (Former Chairman, CEA / Former Member, APTEL)

Mr. Jayant Kumar Director (Nominee of NHPC)

Mr. K. Biswal Director (Nominee of NTPC)

Mr. Ravi P. Singh Director (Nominee of POWERGRID)

Mr. Ved Kumar Jain Independent Director (Former President of ICAI)

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PTC: Board of Directors

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PTC: Milestones

Incorporated 1999

Commenced sustained

Business Operations 2001

2002

Commencement of Cross

Border Trade

Listed on NSE and BSE 2004

2007 Established PTC

Financial Services

Established PTC Energy Ltd.; 2009

PFS Listed on NSE

and BSE; 2011

2013 Started PTC Retail for

HT/industrial consumers

2014 Export of power to Bangladesh

Signed Agreements for Tangsibji HEP in Bhutan; Long Term

Share~40% of total volume

2015

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PTC: Capability Profile

Renewables / Energy Efficiency

• Promoting Renewables through models like Bundling

• Energy efficiency implementation

• Advisory Services

Power Trading

• Domestic OTC market;

Short/Medium& Long-term trades (utilities)

Retail (Open Access consumers)

• Cross Border trade

Investments

• Early stage support as Equity Investor / co-developer

• PTC India Financial Services Ltd.

Fuel Intermediation

• Tie up fuel from international markets

• Sale of fuel in domestic market

• PTC Energy Limited

An Integrated Energy Player

* - Investment related business primarily through subsidiaries

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Capability Profile contd…

• Relationship with all utilities in the country - Currently trading with utilities in 27 States/UTs

• More than 400 clients in Retail segment

Pan India Presence

• ~5300 MW (37,137 MUs) - ~2970 MW in short-term and ~2330 MW in long-term *

• 27% of Power Exchanges’ volume contributed by PTC

Trading Volume in FY15

• Total PPAs – more than 11,000 MW. Sale tie ups: more than 7,500 MW (including Cross Border Sales)

• With domestic and international developers and covering all major sources of generation

Power Purchase Agreements

•Total LOI placed with PTC – ~4300 MW

•PPA signed out of above – ~2300 MW

Success in Case-1 Bidding

•Managing complete power portfolio of various States/Utilities

• Jharkhand, Himachal Pradesh, Chhattisgarh, NDMC, Tripura etc.

Power Portfolio Management

* - Converted at 80% PLF

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Bhutan

• Long-term agreement for purchase of power from Chukha (336 MW), Kurichhu (60 MW) and Tala (1020 MW) power plants

• 4,966 MUs in FY2015

• Annual Revenue for Bhutan - ~ INR 1082.50 crore (~USD 172 million at INR – USD conversion ratio of 63)

• Long Term agreement with Tangsibji Hydro Electric Ltd for purchase of power from 118 MW Nikachhu HEP to be commissioned in 2019. Executed Back-to Back PSA with Assam Power Distribution Co. Ltd

Nepal

• India- Nepal power trade is at a moderate level – 155 MUs through PTC in FY2015

• Power Sale Agreement (PSA) signed with Nepal Electricity Authority (NEA) for export of 150 MW power on long-term basis

Bangladesh

• PTC commenced supply of 250 MW for medium-term (3 years)

Cross Border Trading

PTC uniquely placed at the centre to

contribute more to cross-border power

trade

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PTC: Growth

1.6 4.2

11.0 8.9 10.1 9.5 9.9

13.8 18.2

24.5 24.3 28.6

35.1 37.1

0.0

10.0

20.0

30.0

40.0

FY 02 FY 03 FY 04 FY 05 FY 06 FY 07 FY 08 FY 09 FY 10 FY 11 FY 12 FY 13 FY14 FY15

Total MUs traded

6,529 7,773

8,999 7,650

8,857

11,511 13,082

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

FY09 FY10 FY11 FY12 FY13 FY14 FY15

Trading Volume (Billion Units)

Revenues (INR Crore)

• About 237 BUs traded since inception • About 81,000 crore (USD 13 billion) worth of electricity traded since inception

PAT (INR Crore)

90.8 94.1

138.5 120.4 128.7

251.2

203.1

0.0

50.0

100.0

150.0

200.0

250.0

300.0

FY09 FY10 FY11 FY12 FY13 FY14 FY15

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• Systemically Important Non Deposit Taking Non-Banking Financial Company

• Classified as Infrastructure Finance Company (IFC) by Reserve Bank of India 2010

• Current Debt portfolio of ~Rs. 6,700 crore with cumulative debt sanctioned of more than Rs 10,000 Cr

• Diversified portfolio in the Energy Business

• Uniquely positioned as a niche player in renewable financing space (more than 40% of our investment portfolio)

Operational Highlights (INR Cr.)

PTC India Financial Services (PFS): Investments in Energy Value Chain

-

2,000

4,000

6,000

8,000

10,000

12,000

FY09 FY10 FY11 FY12 FY13 FY14 FY15

Cumulative Debt Sanctioned

Loan Assets Outstanding

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Distribution of Projects Across the Value Chain

Equity Investment Highlights

Power Exchange

Major Projects

• 700 MW Ind Barath Energy (Utkal) Ltd. – project execution is in advanced stage and is expected to be commissioned in current year

• 1320 MW East Coast Energy Pvt. Ltd. – Construction activities are in progress • 99 MW RS India Wind Energy Pvt. Ltd. – Phase 1 (41.25 MW) commissioned

• IEX - India’s first online electricity trading platform

• Currently holding 5% after divesting part stake in the company in FY11 & FY12

PFS: Investments in Energy Value Chain

Thermal 32%

Renewable 38%

Hydro 9%

Others 21%

Loan Assets outstanding

Thermal 30%

Renewable 43%

Hydro 9%

Others 18%

Cumulative Debt Sanctioned

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• Facilitating competitive supply of power and integrated solutions to bulk consumers; large corporations like Airports Authority of India and Delhi Metro Rail Corporation added in its portfolio

• PTC has been granted funds from Prosperity Fund by the British High Commission on behalf of UK Govt. for jointly implementing the concept of supply licensee

• Providing project management consultancy for street lightning projects in two identified circles of Andhra Pradesh

• Providing advisory solutions to petroleum refineries and other bulk consumers for enhancing grid transmission capacity to enable them reap market benefits through Open Access

PTC Retail and other Integrated Solutions

14 28 April 2016

• Financing development of Renewable power projects through its subsidiary PTC India Financial Services

• Facilitating power sale from renewable power projects to power utilities (obligated entities) through trading arrangements

• Facilitating scheduling of solar power, first of its kind transaction, for 750MW solar projects set up under the VGF scheme issued by SECI and MNRE

• PTC signed an MoU with MNRE & NIWE, along with NTPC, POWERGRID, PFC, IREDA and GPCL for undertaking development of offshore wind power project

PTC Group in Renewables

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• PTC to continue its contribution towards its stakeholders and society at large

• Major thrust areas are:

Environmental sustainability Sanitation / cleanliness and Skill development etc.

• Initiatives taken on Women empowerment

and skill development programmes

• Contributed to The Prime Minister’s National Relief Fund towards relief for Nepal earthquake affected people

Corporate Social Responsibility Activities

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• Focus on balanced development of trading business portfolio for sustained growth

Comprehensive strategy to maintain and enhance presence in multiple business segments like long term, medium term and short term sales to utilities as well as to the retail (Direct-to-Business) segment

• Long term volume is expected to move to 50% plus of total trading volume in 2-3 years from ~40% in 2014-15

• Group policies for effective management of Risks and Resources

• Well positioned to benefit from improvements in policy & regulatory environment; strong balance sheet, robust cash flows, experience from a 16-year operating history

• PTC to continue to consolidate its leadership position and maintain growth; subsidiaries to give synergies

Way Forward

17 28 April 2016

Visit us at www.ptcindia .com

Thank You