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Investor Presentaiton

Emerging trends: in renewable energy procurement PTC India • Opportunities available in procuring RE power to meet RPOs and to reduce cost of power: • Energy Exchanges operating in India Real Time Market benefits – RE Products Day-Ahead Market Term-Ahead Contracts Renewable Energy Certificates Right to recall ends for Delivery Period (0000 to 0030) Gate Closure NLDC provides corridor to PXs for Delivery Period - Delivery for next day, Price discovery: Closed, Double-sided Auction For delivery up to 11 days, Daily Contracts, Weekly Contracts Green Attributes as Certificates Sellers : RE generators not under feed in tariffs Buyers: Obligated entities; 1MWh equivalent to 1 REC Half hourly RTM for Delivery Period of First two time block of an hour (0000 Hrs to 0030Hrs) 2300 2315 2330 2345 0000 0015 0030 0045 0100 RTM Auction RTM Clearing & Comm. Schedule preparation & communication Delivery period Emergence of Real Time Market and RE based products Opportunities to join upcoming power exchanges
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