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Adani Green Energy Limited

Adani: repeatable, robust business model applied consistently to drive value. Key Business Model Attributes Successfully applied across Infrastructure & utility platform Development at scale & within time and budget India's Largest Commercial Port Longest Private HVDC Line in Asia Excellence in O&M - benchmarked to global standards APSEZ Highest Margin among Peers in the World March 2016 Diverse financing sources - only Indian infrastructure portfolio with two Investment Grade (IG) issuers Bonds 14% PSU 55% Private Banks 31% *Includes listed Group Companies adani Renewables 648 MW Ultra Mega Solar Power Plant Largest Single Location Private Thermal IPP ATL AGEL APL Highest availability among Peers Constructed and Commissioned 9 months Lowest capex/ MW among Peers March 2019 Private Banks 33% PSU 42% Bonds 25%
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