#1100% Electric Olectra (A Group company of M meil) Olectra mell 400 Pioneer In Electric Mobility In India + E Buses on roads Largest Indian Manufactures & Suppliers of Composite Insulators#2Olectra Greentech Limited • . • Leaders in next generation transportation technology Pioneer in identifying and bringing new power and transportation technologies to India Crafted strong Strategic partnership with BYD, World's largest EV manufacturer ⚫ Part of MEIL Group • · • Access to entire BYD Electric Bus product line. Providing complete solution including charging infrastructure and maintenance Largest manufacturers of Composite Polymer Insulators in India Mmeil PURE ELECTRIC BUS ZERO EMISSIONE Olectra Olechra meil Olectra (A Group company of meil)#3Olectra - BYD: 1st to deliver E-buses in India ✓ India's First 9m Type II, 12m Coach Bus manufactured and tested by Olectral Olectra (A Group company of meil ) ✓ ✓ ✓ ✓ ✓ First ever 7m Electric AC bus was launched in India by Olectra in Delhi First ever commercially operated 9m Electric AC bus was launched in India by Olectral First ever 12m Electric AC bus was launched in India by Olectra at Hyderabad, Telangana The largest fleet of 150 Electric buses are operational by Olectra in Pune Over 400+ electric buses have been deployed across India by Olectral Homologated 4 Models and 135 Electric bus variants Mmeil 17 Charging Stations (present) 23 Charging Stations (upcoming) 40+Mn Kims On Indian Roads#4Olectra Product Range Range Charging Time Mmeil Seating Capacity E-Buzz- K6 (7m) e-bus K6 (7 Meters (Type I)) Upto 150km 3-4 Hrs 25+Driver E-Buzz- K7 (9m) E-Buzz- K9 (12m) A Olectra Olectra Tours Zeen Cornin Olectra (A Group company of meil ) E-Buzz- C9 (12m) Ustva K7 (9 Meters (Type I & II) Upto 200km 2 - 3 Hrs 35+Driver O Copyright 2021. Olectra Greentech Ltd K9 (12 Meters (Type I & II)) Upto 250Km 4-5 Hrs 48+Driver C9 (12 Meters (Type III)) Upto 350km 4-5 Hrs 45+Driver#5Success Story........ 1379 ORDERS UNDER EXECUTION 2015 BYD tie up Mmeil Olectra (A Group company of meil ) 25 122 2018 BEST-40 513 2019 Pune-125 NMC - 6 545 2020 452 2021 (Till Date) NMC-40 PMPML- 350 AICTSL- 100 GSRTC- 100 BCLL-100 6 2017 Nashik-150 Private-2 TSRTC 40 JCTSL-50 HRTC-25 SURAT-150 KSRTC-10 UCTSL-50 DSCL-30 2016 Pune-25 UTC-30 KTCL-50 BEST-06 TARMAC PMPML- Private-2 buses - 2 150 Export- 5 SSCL-25 © Copyright 2021. Olectra Greentech Ltd#6Trials & Presence Agra Assam Bangalore Chandigarh Delhi Kolkata Lucknow Nainital 40 STUS Olectra (A Group company of meil ) Dehradun Goa Hyderabad Kerala Manali- Rohtang Mumbai Mmeil Puducherry Rajkot Tirupati Vijayawada B © Copyright 2021. Olectra Greentech Ltd 38. Nagpur Pune Silvassa Surat Trials Presence#7Olectra Fleet in STU's Mmeil PMPML-Pune PURE ELECTRIC smart e-bus स्मार्ट ई-बस KSRTC - Kerala KSRT I TRAVEL GREEN GOVT VERSCLE हिमाचल परिवहन HRTC Himachal Pradesh TSRTC - Hyderabad © Copyright 2021. Olectra Greentech Ltd TSRTC Clectry ays Olectra (A Group company of meil )#8Olectra Fleet in STU's ZERO EMISSION PURE ELECTRIC SSCL - Silvassa Mmeil NMC - Nagpur grer strate आपली lect CO05.9 sitilink DSCL - Dehradun © Copyright 2021. Olectra Greentech Ltd ELECTRIC POWER SMC - Surat ehradun Smar DOON Clectre Olectra (A Group company of meil )#9Olectra Fleet in STU's Mmeil MISERONT Transport Corporatio GSRTC Sfacira 0 meil GSRTC GSRTC - Ahmedabad EMERGENCYME 100% Electric बस्ट Pure Electric BEST-Mumbai Zero Emission EMERGENCY EDIT EMERGENCY EXIT EMERGENCY EXT EMERGENCY EXIT KTCL – Goa © Copyright 2021. Olectra Greentech Ltd Kadamba Olectra (A Group company of meil )#10Olectra Buses Interior OPEN EL GENCY EXIT © Copyright 2021. Olectra Greentech Ltd EMERGEN शिक्षण के लिए जाम का जाना है EMERGENCY Olectra (A Group company of meil ) यात्री अपने सामान EMERG#11Charger & Charging Infrastructure b Mmeil © Copyright 2021. Olectra Greentech Ltd GRTMENT INITY AGE ATION Olectra (A Group company of meil)#12Depot & Charging Infrastructure Depot Olectra (A Group company of meil) Charger and Package Sub-station AQlectra PIONEER IN ELECTRIC BUSES Olectr TRINITY Char Station TSRTC TSRTC TSRTC TSRTC TSRTC TSRTC meil 3 © Copyright 2021. Olectra Greentech Ltd (Bゲロ 7#13Olectra Electric Bus Plant KONECRANES BEST LA ANELLING STATION-2 FONCTIO 10 TESTING BAY © Copyright 2021. Olectra Greentech Ltd wwwww Golds 553438 Olectra (A Group company of meil)#14Olectra Market Share in INDIA FAME I Electric Bus Tenders 310 no's 80 no's 26% FAME II Electric Bus Tenders Tenders finalized and under LOA issuance FAME-I Total Tenders Floated Olectra Order in FAME-I Tender Olectra Market share (%) FAME-II Total Tenders Floated Olectra Order in FAME-II Tender Olectra Market share (%) Tot. no. of LOAs under issuance Olectra LOAs to be received Olectra Market share (%) TIV of Non FAME tenders in India Olectra volumes Olectra Market share (%) Mmeil NON FAME Electric Bus Tenders LIVE Tenders and under evaluation 1050 no's 2880 no's 925 no's 32% 900 no's 435 no's 48% 1087 no's 657 no's 60% © Copyright 2021. Olectra Greentech Ltd Olectra (A Group company of meil ) Total 41%#15Electric Mobility: Policies & Adaptation worldwide Olectra (A Group company of meil) ✓ To date, 17 countries have announced 100% zero-emission vehicle by 2050 ✓ UN Environment's Electric Mobility Program supports countries in introducing Electric Mobility ✓ UN Environment is supporting over 50 countries and cities to introduce electric buses, cars and two and three wheelers The Electric Vehicles Initiative (EVI) is a multi-government policy forum dedicated to accelerating the introduction and adoption of electric vehicles worldwide. EV TARGETS ANNOUNCED BY CITIES CITY Amsterdam London TARGET Source: ICCT (2017), SLOCAT (2018) Zero-emissions transport within the city by 2025 Procure only zero emission buses from 2025 Los Angeles New York City Oslo Shenzhen Tianjin 10% of vehicle stock electric by 2025; 25% electric by 2035 20% vehicles sold in the city by 2025 to be EVs Municipal vehicle fleet of 2,000 EVs by 2025 Zero-emissions transport within the city by 2030 120,000 new energy vehicles sold by 2020 30,000 new energy vehicles sold by 2020 New electric bus registrations by country/region, 2015-19 Electric bus registrations (thousands) 140 2.0 120 1.5 100 80 1.0 60 40 0.5 20 0 0.0 China India Europe South America North America Others 2015 2016 П2017 2018 02019 IEA 2020. All rights reserved.#16Electric Mobility: Policies (initiatives) in India Olectra (A Group company of meil) With the objective to support ybrid/electric vehicles development market and Manufacturing eco- system ΠΙΤΕΣ FAMEI FAME India Scheme [Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles in India] for implementation with effect from 1st April 2015. 2013 EV Mission Government of India launched the National Electric Mobility Mission Plan (NEMMP) 2020 in 2013. It aims to achieve national fuel security by promoting hybrid and electric vehicles in the country. There is an ambitious target to achieve 6-7 million sales of hybrid and electric vehicles year on year from 2020 onwards. Government aims to provide fiscal and monetary incentives to kick start this nascent technology. 2015 2019 唱 FAME II Government has approved Phase-II of FAME Scheme with an outlay of Rs. 10,000 Crore for a period of 3 years commencing from 1st April 2019. NEMP It aims to achieve national fuel security by promoting hybrid and electric vehicles in the country. It has set ambitious target of 6-7 million sales of hybrid and electric vehicles year on year from 2020 onwards. 2020 nmem 2022 BEYOND Future plan#17Key Highlights of States EV Policy Andhra Pradesh 1,000,000 EVs by 2024 Celebrate "green days" to create awareness among public 100% electrification of buses by 2029 (first phase in four targeted cities to be completed by 2024) 2 Bihar Electrification of rickshaws a priority Convert all paddle rickshaws to e-rickshaws by 2022 3 Delhi Pollution cess on existing diesel cars and sale of new petrol/diesel vehicles Prioritize 2Ws, 3Ws, buses and cabs 50% e-bus in public transport by 2023 Scrappage and deregistration incentives for high- polluting vehicle categories Common mobility card payment system for energy operators and battery-swapping operators 4 Gujarat Subsidy of INR 12,000 & 48,000 for a battery-operated e2W and e-rickshaw (3W) Government aims to provide subsidy support to students studying above Class 9 to purchase two-wheelers Financial assistance of INR 50 lakh to set up charging infrastructure Opo 000 D States with draft or final EV policy 5 Karnataka Olectra (A Group company of meil) Policies focused on manufacturing and battery storage Create a secondary market for batteries Venture capital fund for e-mobility start-ups Retrofitment for existing 3Ws 6 Kerala 1 milion EVs on road by 2022 6,000 e-buses in public transport by 2025 EV component manufacturing a priority Viability gap funding for e-buses and government fleets O D 7 Maharashtra Manufacturing hub for EV and EV components Package schemes of incentives for MSMEs and large manufacturing units 8 Tamil Nadu Manufacturing-focused: aims to attract INR 50,000 Cr ($7 billion) of investment in EV manufacturing and create 1.5 lakh new jobs 50% capital subsidy on land if the investment is in southern districts (15% for other regions) Priority vehicle categories: e-2Ws, e-3Ws, taxis, public transport (e-bus), e-commerce and logistics fleets and institutional vehicles One-time reskilling allowance for every employee working with EV manufacturing units Special number plate for EVs 9 Telangana Priority vehicle categories: shared mobility, public transport, institutional transport vehicles Retrofitment for passenger vehicles, auto rickshaws, e-rickshaws 10 Uttarakhand Manufacturing-focused policy 500 e-buses by 2030 11 Uttar Pradesh Focused on manufacturing of EV, EV components and batteries Target 2024: 2 lakh charging (fast, slow and swapping) stations; Target 2030: 10 lakh EVS on road across all categories and 70% of public transport to be electric Start-up and innovation programmes Source: Federation of Automobile Dealers Associations (FADA)#18Key stakeholders and components of an EV ecosystem Olectra (A Group company of meil) Mmeil CHARGING INFRASTRUCTURE ULBS, property owners, development authority, energy operators, charging/ battery swapping solution providers VEHICLE & BATTERY OEMs, battery manufacturers, auto component manufacturers REGULATIONS NITI Aayog, MOP, MOHIPE, MOHUA, MORTH, MOF, ULBS, state departments-Electricity, PWD, Urban Development, etc. EV ECOSYSTEM POWER Power and electricity department, DISCOMS CONSUMERS Public transport operators, fleet aggregators, commercial vehicle operators (passenger and goods), owners of personal vehicles Source: Electric Mobility Policy Framework, Ministry of Housing and Urban Affairs#19Electric Buses Outperform Fossil Fueled Buses Olectra (A Group company of meil) Clean Tailpipe Emissions gCO2/km 1075 946 + 0% Affordable Annual Fuel Costs 35 31 30 25 20 20 15 0 10 Premium Diesel City Electric Bus CNG 5 Mmeil Source: CSE Study + 5 X 11.3 6.5 0 Premium Diesel City CNG Electric Bus#20Mmeil 180.0 Diesel Price trend Olectra (A Group company of meil) 165.5 160.0 154.6 144.5 140.0 135.1 126.2 118.0..... 120.0 110.3... 103.0 100.0 96.3 90.0 79.9 80.0 ..67.4 66.7 60.0 55.5 ..54.3 53.3 48.6 49.7° 40.9 38.1 37.8 40.0 20.0 HI 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030#21Saving with Olectra electric buses Mmeil $ H Clocked over 40+ Million clean kms 13+ Million Liters of diesel avoided 1040+ Millions of fuel cost saved 1.86+ Millions of trees required to achieve same co2 reduced Olectra (A Group company of meil)#22Business Model: Gross Cost Contracts (GCC) Olectra (A Group company of meil) • • • Contract period is usually for 12 years with average daily running of 200km - 300km. The contract can be extendible on the basis of mutual agreement. Authority/STU commits and guarantees Minimum Operating Mileage per day and Contract Period Bidder finances, owns, operate buses and charge per km rate for guaranteed Operating Mileage, Contract Period. Olectra is focusing on manufacturing and supply of buses to bidder. In some cases olectra may participate as consortium member. • Olectra provides after sales service with an agreed price per km which brings additional revenues YoY. . This GCC model is also operational for premium diesel buses in India. Mmeil#23Shareholding Pattern Shareholding Pattern 40.62 3.93 55.55 Mmeil ■ MEIL Holdings Ltd & Other Promoters ■ Institutional Investors ■ Non Institutional Investors Olectra (A Group company of meil)#24Future Plans Mmeil Olectra (A Group company of meil) ✓ Olectra signed an MoU committing to an investment of Rs 3000 Million and generating employment of 3,500 people. ✓ With Expanded Capacity of 10,000 buses per year ✓ Entry into Inter-city / Inter-state Private Transport Segment ✓ Entry into Staff Transport private segment ✓ Establishing TARMAC buses in Airports FUTURE ✓ Olectra is Localising the components to the maximum in coming 6-8 months time.#25Olectra Greentech Limited - Insulators Olectra (A Group company of meil) ✓ Largest Indian Manufacturer & Suppliers Of Composite Insulators. ✓ An ISO-9001:2015 and ISO 14001:2015 certified company. ✓ Department of Scientific and Industrial Research, R & D Centre recognized by Govt. of India. ✓ Product Range: 11kV to 1200kV, ±800kV HVDC & Mechanical Strength up to 525kN. ✓ OGL through its R&D efforts have developed High Performance silicon rubber Polymer Insulators for application in Distribution and Transmission System. The Silicone Rubber Polymer Insulators Confirms IEC: 61109 and have been tested at CPRI, Hyderabad & Bangalore, ERDA. Also completed 5000Hrs Multi Stress ageing test in CESI, Italy. ✓ Completed more than 5 million installations across the globe Mmeil#26Product Range Olectra (A Group company of meil) 800kV- 420kN 765kV- 210kN 400kV- 160kN 220kV- 120kN 132kV- 120KN Mmeil 66kV- 90kN 33kV- 70kN Post Insulators 0000 Railway Insulators Distribution Insulators#27Development Achievements ✓ Composite 25kV Railway Insulators - 2002 ✓ Composite 66kV Insulators - 2004 ✓ Composite 132/220kV Insulators - 2006 ✓ Composite 400kV Insulator - 2008 ✓ Composite 765kV Insulator - 2011 ✓ Composite 800kV Insulators - 2014 ✓ 66kV Composite Post Insulators - 2016 ✓ 132kV to 400kV Composite Post Insulators - 2018 ✓ Online Condition monitoring technique for Composite insulator - 2018 ✓ New Compound development for Market competitive ness in 2020. ✓ 765KV and 400 KV - New Designs developed in 2020 for Market competitiveness Mmeil Olectra (A Group company of meil)#28Revenue Growth: Insulators & E-BUS Mmeil Revenue(In Millions) 3000 2500 2000 1500 Revenue YoY 1118 1049 922 930 1000 803 656 680 701 598 500 524 1448 1455 1168 2787 0 0 0 0 0 0 0 0 0 Financia car 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 ■Insulator E-Bus Olectra (A Group company of meil) Growth of 5.3X in 4 years for E-Bus Division " "Growth of 1.8X in 11 years for Insulators Division "#29Mmeil THANK YOU Olectra (A Group company of meil)