Investor Presentaiton

13 Renewables driven by Wind & Solar have begun to outstrip Thermal power installations Renewables (Wind and Solar) is already 2nd largest source of power 46.2, 12.1% 94.4, 24.7% 234.7, 61.4% 6.78, 1.8% Thermal ■Renewable ■Hydro Nuclear As on 31st March 21 All Nos. in GW In last 2 years, Renewables installation is > than Thermal sources Thermal Renewables (GW) 226.27 8.45 GW 234.72 77.64 FY19 FY21 FY19 16.79 GW 94.43 FY21 Renewables helping the country to be ATMANIRBHAR in power supply Renewables power sources ensure Power Security • Government has strong commitment towards pushing growth of Renewables • Renewables have also achieved grid parity and not totally dependent on favourable policies for competing with conventional power tariffs PLF Parameter Conventional Solar Wind 60-70% ~18-24% Equipment Domestic/Imported Largely Imported Fuel Domestic/Imported No Fuel Cost Source: CEA, MNRE Tariff Stability Variable Constant for 25 years Renewable Energy steadily becoming dominant in Power basket ~38-42% "Made in India" No Fuel Cost Constant for 25 years Opportunities : Future Drivers for Renewable Industry growth in India Government plans to bid out 100 GW of Wind capacity in next 5 years RTC and Hybrid projects are next big thing in which Wind is an essential part - GOI has increased minimum share of any component in Hybrid projects to 33% from existing 25% SUZLON POWERING A GREENER TOMORROW

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