GAR Infrastructure Overview

Warora Power Project Key Developments in Q3FY21 - Energy Business GAR 34% YOY - PLF including alternate power at 78.3% from 90.6% YoY as Unit 1 was under maintenance in December 2020 EBITDA 54% YoY Cash loss of INR 217 mn vs. cash profit of INR 660 mn in Q3FY20 Revenue Kamalanga Power Project • Revenue normalized for arrears - 21% YoY PLF including alternate power at 95% vs. 64% YoY EBITDA normalized for arrears 52% YoY Cash profit of INR 422 mn vs. INR 1 bn in Q3FY20 Humility | Entrepreneurship I Teamwork and Relationships I Deliver the Promise I Learning and Inner Excellence I Social Responsibility I Respect for Individual 19 19

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