Investor Presentaiton

Significant Reforms in Recent Years adani Power Distribution • UDAY Scheme (UDAY 2.0 in the pipeline) • . SAUBHAGYA Scheme Pilot Scheme for procurement of 2500 MW • Payment Security Mechanism Coal •SHAKTI Policy • Emphasis on production growth O Coal Link Rationalisation Rationalisation of Coal Escalation Index •100% FDI in coal mining, sales, and associated infrastructure Regulation Change in Law for domestic coal shortfall •Change in Law for Duties & Taxes • Carrying Costs (Principle of Economic Restitution) ⚫Pass Through of Imported Coal Price (HPC) ⚫ Pass Through of Incremental costs of environmental compliance 26 6

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