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Investor Presentaiton

|| Proven Project Execution and Operational Excellence JSW Energy Prudent and consistent capital allocation strategy for growth over a 25 year history JSW Energy has one of the lowest project execution cost in the industry Project Location Capacity MW Project cost *Crore/MW 1st COD $mn/MW2 Year Business model resilient despite several sectoral headwinds over the last decade Coal-based Nigrie 1,320 7.92 0.11 2014 Janjgir-Champa 1,200 7.02 0.09 2014 Warora 600 6.25 0.08 2013 Sound operating efficiency characterized by one of the lowest O&M Cost/MW Padampur 540 6.18 0.08 2013 Chandrapur 600 6.22 0.08 2014 Amarkantak 600 5.23 0.07 2009 Maithon 1,050 5.24 0.07 2011 O&M Expenses (Lakh/MW) Udupi 1,200 4.67 0.06 2010 JSW : Ratnagiri³ 1,200 4.60 0.06 2010 19.4 19.3 JSW: Vijayanagar 260 4.34 0.06 2000 18.7 17.9 16.1 JSW: Vijayanagar 600 3.28 0.04 2009 1 Lignite Based Giral 250 7.69 0.10 2011 FY17 FY18 FY19 FY20 FY21 Barsingsar 250 7.00 0.09 2010 JSW: Barmer 1,080 6.63 0.09 2009 JSW Energy Investor Presentation (1) High capital cost due to CFBC boilers for lignite based power plant (2) USD/INR = 74.5 (3) Includes FGD Cost Source: Respective Company filings 34
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