Investor Presentaiton

ANNUAL REPORT 1,320 660 (Megawatts) P Private Power and Infrastructure Board ANNUAL REPORT CURRENT ASSIGNMENTS OF PPIB FOR DEVELOPING THAR COAL BASED POWER GENERATION PROJECTS Engro 330 660 MW Thar Energy 330MW ThalNova 330 MW Projects being Processed other than CPEC Shanghai Oracle 1,320 MW 1,320 MW Lucky 660 MW Siddiqsons 330 MW Private Power and Infrastructure Board Latest Status of the Portfolio of Thar Coal based Power Generation 660 MW Engro (Commissioned) 330 MW Thar Energy (Under Construction) Non CPEC 990 MW 330 MW ThalNova (Under FC) Under CPEC 3,960 MW 1320 MW Shanghai (Under FC) 1320 MW Oracle (Under Issuance of NTP/LOI) 660 MW Lucky (Under Construction) 330 MW Siddiqsons (Under FC) linitially, 660 MW Lucky and 330 MW Siddiqsons were conceived as imported coal based plants, however, as a result of major shift in the policy of the GoP, a bar was put on new power generation projects on imported fuels except the projects that were finalized under the CPEC or mutually agreed between the governments of Pakistan and China. Accordingly, while considering the fact that both projects had already achieved significant progress they were allowed to convert on to Thar coal. As a result of PPIB's efficient handling of projects, majority of Thar coal based projects are either under construction or about to start construction. Out of the overall fleet, 660 MW Engro power Project has already been commissioned in July 2019 and has been ranked as the first ever Thar coal based IPP of the country as well as the first Thar coal based project under the CPEC umbrella that has been commissioned and started generating power. Similarly another two projects are under construction and expected to be completed in first half of 2021, however, there is a possibility of experiencing some delays in commissioning schedule of these projects due to the outbreak of COIVID-19 Pandemic. In addition to setting up coal power generation and mining projects, other activities/programs under Corporate Social Responsibility (CSR) are also being given due importance by all project sponsors through developing the social sector in Thar area. The sponsor are coordinating with various NGOs, UN offices private and government departments for carrying out various CSR activities in Thar area which includes education, health, livelihoods, water supply and skill development. Currently, block-I, II and VI of Thar coalfield are hosting entire portfolio of project which are being undertaken by PPIB, however, development of more blocks of Thar coalfield in coming years would definitely attract more interest of potential investors. Current status of block wise allocation of projects is being shown in the below image: 75 THAR COAL BLOCK-WISE DEVELOPMENT OF POWER GENERATION PROJECTS Block-I 1 x Project of 1,320 MW Block-VI 1 x project of 1,320 MW Block-II 5 x projects of 2,310 MW 660 MW Lucky Electric Project will utilize Block-II Coal of Thar Coalfiled howver, plant will be located in Port Qasim, near Karachi. 76

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