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Investor Presentaiton

Key Events of the Quarter New Key Managerial Personnel • Sushil Kumar CFO effective from October 1, 2019 Sunil Wadhwa has ceased to be Managing Director with effect from September 30, 2019 Pitamber Shivnani appointed as CEO effective January 15, 2020 Grid Market stable at ~$3B. Key opportunities driven by 29GW of Transmission GEC projects to come in 2020 (18S/S+ ~3000KM TL) total investment(~800M$) Special powers to speed up transmission lines for renewable energy (will contribute some fast track opportunities) Q2 19-20 : Highlights Significant progress in execution during the quarter HVDC CKL II Pole 3 commissioned 50+ Bays commissioned during quarter Lower Volume... HVDC ramp down, Customer project delays Profitability impacted by: Impairment of assets, One time provisions Challenges Aggressive Competition Liquidity stress in the market delaying project execution Priorities • Commercial Intensity Operational excellence and execution... Leverage LEAN Drive Improvements in working capital + Cost efficiencies ε GETDIL_Investor Meeting - Nov 2019 Confidential. Not to be copied, distributed, or reproduced without prior approval. November 8, 2019 3
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