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Azure Power Investor Presentation

DSO by Counterparty Amounts in US$ million On time/ Customer Name Project Name Capacity (MWs) Net Receivables Within grace Past due up to one year period (1) 689 11.4 11.4 Past due more than 365 days Azure Power DSO days (2) SECI, NTPC, NVVN Southern Power Distribution Com of AP Ltd AP-1 6869 54 54 10.6 1.0 5.1 4.5 546 K-3 Hubli Electricity Supply Company Ltd 40 5.3 0.9 4.0 0.4 331 K-4 Gulbarga Electricity Supply Company 40 2.2 0.5 1.7 132 K-5 Chamundeshwari Electricity Supply Co. 50 8.0 1.2 2.3 4.5 382 Other States 824 18.1 13.7 4.4 0 82 Rooftop 141 4.6 1.8 2.8 211 1,834 60.3 30.5 18.6 11.1 114 (1) Includes revenue generated but yet to be billed of $15.9 mn. (2) DSO is computed on an INR basis Exchange rate- INR 73.54 to US$1 (New York closing rate of September 30, 2020). Figures may not add up due to rounding. 24
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