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Investor Presentaiton

Net Debt Movement Particulars in * Cr Capital Work-in-Progress (CWIP) Operational Projects 24,260 5,850 18,410 4 2,580 1,095 113 424 26,286 7,890 18,396 JSW Energy ND/EBITDA# (excl. CWIP) at 3.2x Net Debt as on Sep 30,2023 New Debt Taken Forex restatement Repayment Movement in short term borrowings Change in Cash & Cash Eq.* Net Debt as on Dec 31,2023 JSW Energy Corporate Presentation - Jan 24 Sustainable ND/EBITDA is within the guided range of 3.5x-4.0x * Includes unencumbered bank balances, FDs, and liquid mutual funds. # ND/Proforma EBITDA excluding debt on under-construction projects 20
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