Investor Presentaiton

India Coal Mining: Regulatory Evolution, Regulatory Evolution, Opportunities and Potential Amendment to Coal Mines Nationalization Act (1973), 1991 • Allowed private sector participation in coal mining for captive usage • Case to case basis allotment of 218 coal blocks Auction by Competitive Bidding of Coal Mines Rules, 2012 CAG Report, 2012 & SC Judgement in 2014 • Additional regionally-explored (RE) coal blocks allocated to various PSUs - 14 for Power end use & 3 for commercial mining • Various complaints were received by the Govt. • Arbitrary and non transparent allotment led to cancellation of 204 coal blocks out of 218 Coal Mines Special Provisions Act, 2015 Way Forward • Re-Allocation of the coal blocks; 2- pronged strategy • Auction for Private & Allocation for PSUs - either for captive or commercial use • MoC has opened commercial mining for private sector under Act' 2015 Methodology for auction published on Feb 27, 2018 and tender process expected soon Category Captive Mines portfolio including CIL's mines for potential MDO business No. of Coal Blocks Category Allocation & Auction No. of Blocks 86 ~52 Bn Ton Allocation/Auction under Coal Mines Act 2015 204 To Allocate/ Auction 118 Pakri Barwadih, Tasra 2 Allocation under CMN Act 1973 14 -7 Bn Ton UMPP Linked Block 12 Sub Total (Coal Blocks) 218 PSUS Power; allocated 10 20 -9 Bn Ton PSUS- Power; cancelled 4 Allocation under Mining Rules 2012 17 Commercial Mining 3 CIL Coal Block for MDO 3 -2 Bn Ton Kaniha, Siarmal, Pelma 3 Grand Total 238 70 Billion Ton adani 16

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