NLC India Limited Formerly Neyveli Lignite Corporation Limited

NLC India Limited (Formerly Neyveli Lignite Corporation Limited) A “Navratna” – Government of India Enterprise Corporate Presentation November - 2017 NLC India Limited Corporate Presentation November-2017

Disclaimer This presentation is for distribution only under such circumstances as may be permitted by applicable law. It is published solely for information purposes, it does not constitute an advertisement and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments of NLC India Limited (the “Company” or “NLCIL“) in any jurisdiction. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the future proposals , strategies and projections referred to in the report. This presentation does not constitute a prospectus, offering circular or offering memorandum or an offer, or a solicitation of any offer, to purchase or sell, any shares and should not be considered as a recommendation that any investor should subscribe for or purchase any of the Company’s equity shares. Securities of the Company may not be offered or sold in the United States absent registration under the U. S. Securities Act of 1933, as amended, or an exemption from the registration requirements of that Act. Any public offering or sale of securities of the Company to be made in the United States will be made by means of a prospectus that may be obtained from the Company or the selling security holder and that will contain detailed information about the Company and its management, as well as financial statements. NLCIL does not undertake that investors will obtain profits, nor will it share with investors any investment profits nor accept any liability for any investment losses. Investments involve risks and investors should exercise prudence in making their investment decisions. The report should not be regarded by recipients as a substitute for the exercise of their own judgment. Past performance is not necessarily a guide to future performance. The value of any investment or income may go down as well as up and investor may not get back the full amount invested. Any opinions expressed in this report are subject to change without notice and may differ or be contrary to opinions expressed by other business groups of NLCIL as a result of using different assumptions and criteria. This presentation report may contain certain “forward-looking statements”. These forward-looking statements generally can be identified by words or phrases such as “aim”, “anticipate”, “believe”, “expect”, “estimate”, “intend”, “objective”, “plan”, “project”, “shall”, “will continue”, “will pursue” or other words or phrases of similar import, in each case, their negative or other variations or comparable terminology or discussions statements that describe strategies, objectives, plans or goals. All forward-looking statements are subject to risks, uncertainties and assumptions about us that could cause actual results to differ materially from those contemplated by the relevant statement. These forward looking statements are based on our current plans and expectations. Actual results may differ materially from those suggested by the forward-looking statements due to risks or uncertainties associated with our expectations with respect to, but not limited to, regulatory changes pertaining to the industries ability to respond to them, our ability to successfully implement our strategy, our growth and expansion, technological changes, our exposure to market risks, general economic and political conditions which have an impact on our business activities or investments, the monetary and fiscal policies of India, inflation, deflation, unanticipated turbulence in interest rates, foreign exchange rates, equity prices or other rates or prices, the performance of the financial markets in India and globally, changes in Indian laws, regulations and taxes and changes in competition in our industry etc. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this presentation and include statements regarding the Company’s intentions, beliefs or current expectations concerning, amongst other things, its results or operations, financial condition, liquidity, prospects, growth, strategies and the industry in which the Company operates. No representation, warranty or undertaking, express or implied, is made or assurance given that such statements, views, projections or forecasts, if any, are correct or that the objectives of the Company will be achieved NLCIL reserves the right to alter, modify or otherwise change the presentation without notifying any person of such changes or revision. Neither the author or NLCIL shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from this presentation report. Further, NLCIL is under no obligation to update or keep current the information contained herein. The disclosures contained in this presentation report produced by NLCIL shall be governed by and construed in accordance with laws of India. NLCIL specifically prohibits the redistribution of this material in whole or in part without the written permission of NLCIL and NLCIL accepts no liability whatsoever for the actions of third parties in this respect. Images may depict objects or elements which are protected by third party copyright, trademarks and other intellectual property rights. All rights reserved. The Company, as such, makes no representation or warranty, express or implied, as to, and does not accept any responsibility or liability with respect to, the fairness, accuracy, completeness or correctness of any information or opinions contained herein. The information contained in this presentation, unless otherwise specified is only current as of the date of this presentation. The Company assumes no responsibility to publicly amend, modify or revise any forward looking statements, on the basis of any subsequent development, information or events, or otherwise. This presentation has been prepared based on the information available in the public domain and internal management information and estimates. The information contained herein is subject to change without notice. Past performance is not indicative of future results. This document has not been and will not be reviewed or approved by a regulatory authority in India or by any stock exchange in India. NLC India Limited Corporate Presentation November-2017 2

Contents NLC India Limited 1 Company Overview & Performance Highlights 2 Financial & Operational Performance 3 Market Opportunity 4 Growth Plans 5 Corporate Social Responsibility Corporate Presentation November-2017 3

1 Company Overview & Performance Highlights NLC India Limited Corporate Presentation November-2017 4

NLC India Ltd | Introduction A ‘Navratna’ CPSE incorporated in 1956. Administrative Ministry – Ministry of Coal Paid up Equity Share Capital - Rs. 1, 528. 57 Crore (Go. I holding – 84. 04%) Core Business – Mining & Power Generation Regional Presence to National Level Presence Advanced Technology Robust Financial Performance in terms of Revenue, Profit and Net worth. Highest domestic credit rating. Consistent track record of Dividend. Skilled Manpower Present Composition of Board – Total 14 Directors (6 Functional Directors, 2 Government Nominees and 6 Independent Directors including 2 Women Directors) We are currently not in compliance with the requirements of Regulations 17(1)(b) and 24(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and depending on the timing of such appointments, it is possible that we may not be compliant with the requirements of such provisions of the SEBI Listing Regulations until such appointments are completed. Ministry of Coal, the Administrative Ministry, is in the process of appointing Independent Directors on the Board of Directors and appointing an Independent Director on the Board of Directors of the Indian unlisted material subsidiary. NLC India Limited Corporate Presentation November-2017 5

Vision & Mission Vision: To emerge as a leading Mining and Power Company, with social responsiveness accelerating Nation’s growth Continue to develop and sustain expertise in Power and Mining with focus on growth and financial strength Be socially responsive, achieve sustainable development and be sensitive to emerging environmental issues Mission Strive to achieve excellence in processes practices To nurture talent, encourage innovation and foster collaborative culture N- National Orientation Values L – Learning and Development C- Commitment and Excellence I – Innovation and Speed NLC India Limited Corporate Presentation November-2017 6

Evolution & Key Milestones # Mine II : 10. 5 MTPA # TPS II : 1470 MW Mine I : 6. 5 MTPA 1956 1970 1962 Incorporation NLC India Limited Listed on NSE 1994 2003 1993 TPS 1 600 MW Formation of NLC Tamil Nadu Power Limited 2000 Listed on BSE Corporate Presentation 2010 2005 # Mine I A : 3 MTPA # Mine I Expn : 4 MTPA # TPS I Expn : 420 MW November-2017 # TPS II Expn : 500 MW # Solar : 10 MW # NTPL : 1000 MW Received Navratna Status 2011 # Mine II Expn : 4. 5 MTPA # Barsingsar Mine : 2. 1 MTPA 2017 2012 2015 # Barsingsar TPS : 250 MW # Formation of Neyveli Uttar Pradesh Power Ltd # Wind : 51 MW # Solar : 103 MW 7

Pan India Presence Barsingsar, Rajasthan n Mines n TPS Ghatampur, Uttar Pradesh n Neyveli Uttar Pradesh Power Limited (JV with Uttar Pradesh Rajya Vidyut Utpadan Nigam) Neyveli, Tamil Nadu n Corporate Office n Lignite Mines è Mine IA è Mine II New Delhi Barsingsa r n Lucknow Power è TPS I Expn è TPS II Kolkata Tirunelveli, Tamil Nadu n n * Hyderabad Tuticorin, Tamil Nadu Renewable Energy è Solar Wind Bangalore n è TPS II Expn Bhubaneshwa r Mumbai Chennai Neyveli Tirunelveli NTPL (JV with Tamil Nadu Generation and Distribution Corporation Limited) Tuticorin Registered Office Liaison Offices Project Liaison Offices Note: - Map not to scale; TPS = Thermal Power Plant NLC India Limited Corporate Presentation November-2017 8

NLCIL’s Core Business Mining Power Generation Total Mining Capacity – 30. 60 MTPA* Thermal Power Station – Capacity 3, 240 MW* 15. 00 1, 470 600 500 420 250 10. 50 TPS I Mining TPS I Exp TPS II Exp BTPS Power Generation Renewable Energy Capacity 164 MW* 113 3. 00 Mine IA Mine II 2. 10 51 Barsingsar Mine Wind Solar Note : Source from NLCIL Annual Reports and figures representing NLCIL Standalone financial statements *Existing Capacity as on 30. 11. 2017 NLC India Limited Corporate Presentation November-2017 9

Details of Investments in Various Assets Gross Fixed Assets (Rs. in Crore) 9, 092 9, 431 9, 033 8, 996 242 593 367 2015 -16 662 2016 -17 Mines Thermal Renewable Others Note : Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone; : Value of Gross Fixed Assets is based on Acquisition Cost. NLC India Limited Corporate Presentation November-2017 10

Strong In-House Capabilities Expertise in Open Cast Mining & Power Generation Mining n n Lignite Resources for Captive Consumption n Captive fuel source with power plants located at the pit heads of Lignite mines n Greater flexibility in terms of adjusting the lignite production to adjust for variations in power demands and power generation at thermal power plants n Out of total measured lignite reserves of 6, 540. 71 MT in India as on 01. 04. 2017, Neyveli lignite field, Barsingsar, Bithnok and Hadla of NLCIL accounts for 3, 915. 64 MT. * Long experience in operation, maintenance and project management in open- cast mining Asset bank of specialised mining equipments for open cast mining: è German excavation technology è 38 Bucket Wheel Excavators è Conveyor length – 121. 79 KMs Power Generation n Experience in running lignite based thermal power station. n All thermal stations (including TPS I being 55 years old) are running at higher PLF than All India average PLF. Nodal Agency for Lignite Mining n Nodal Agency for Lignite database appointed by Ministry of Coal n Market share * of 61% in Lignite mining in India during FY 2016 -17 as compared to 58% in FY 2015 -16 *Source : Geological Survey of India 2016 & 2017 NLC India Limited Corporate Presentation November-2017 11

Experienced Management and Board of Directors Dr. Sarat Kumar Acharya, Chairman and Managing Director Part-time Official Directors Functional Directors Shri. Suresh Kumar, Additional Secretary, Ministry of Coal, Govt. of India Shri. Vikram Kapur, Principal Secretary, Department of Energy, Govt of Tamilnadu Shri. Rakesh Kumar, Director (Finance) Shri V. Thangapandian, Director (Power) Shri. Subir Das, Director (Mines) Shri. P. Selvakumar, Director (Projects & Planning) Shri R. Vikraman, Director (Human Resource) Independent Directors Shri Chandra Prakash Singh, Independent Director Ms. Nalini Padmanabhan, Independent Director Shri Azad Singh Toor, Independent Director Ms. Monika Arora, Independent Director Shri K. Madhavan Nair, Independent Director Shri Indrajit Pal, Independent Director We are currently not in compliance with the requirements of Regulations 17(1)(b) and 24(1)of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and depending on the timing of such appointments, it is possible that we may not be compliant with the requirements of such provisions of the SEBI Listing Regulations until such appointments are completed. Ministry of Coal, the Administrative Ministry, is in the process of appointing Independent Directors on the Board of Directors and appointing an Independent Director on the Board of Directors of the Indian unlisted material subsidiary. NLC India Limited Corporate Presentation November-2017 12

2 Financial & Operational Performance NLC India Limited Corporate Presentation November-2017 13

Financial Performance Total Income (Rs in Crore) EBITDA & EBIT (Rs in Crore) 4, 060 9, 347 709 372 6, 992 6, 173 602 504 7, 177 6, 797 1, 046 586 2, 592 554 401 740 484 3, 377 2, 981 2, 464 2, 714 2, 634 2, 194 2, 080 2, 073 8, 266 5, 067 2012 -13 5, 573 2014 -15 5, 360 2013 -14 Power Mine 6, 222 2015 -16^ 2016 -17 2012 -13 2013 -14 EBITDA Other PBT & PAT (Rs in Crore) 2, 383 2, 209 2, 369 1, 580 1, 502 1, 460 1, 856 228 2012 -13 2013 -14 2014 -15 PBT 2015 -16 ^ 2016 -17 EBIT Key Financial Ratios 2012 -13 2013 -14 2014 -15 2015 -16^ 2016 -17 OPM (%) 35. 94 32. 78 31. 62 32. 91 39. 03 NPM (%) 23. 65 21. 48 23. 24 3. 18 25. 34 ROCE (%) 11. 50 12. 11 12. 81 1. 69 18. 95 RONW (%) 11. 29 10. 82 10. 69 1. 79 19. 66 Current Ratio 3. 78 3. 44 3. 55 1. 70 1. 41 Quick Ratio 3. 46 3. 16 1. 47 1. 15 3, 028 2, 048 2014 -15 2015 -16^ 2016 -17 PAT Note : Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone; ^ Restated as per Ind AS NLC India Limited Corporate Presentation November-2017 14

Financial Performance Networth & Loans Outstanding (Rs in Crore) Net Worth Credit Ratings Agency Rating Status CRISIL AAA/Stable Highest ICRA AAA/Stable Highest CARE AAA/Stable Highest Brickwork AAA/Stable Highest Loans Outstanding 3, 164 6, 828 3, 150 3, 524 3, 540 Quarterly Income statement Rs in Crore Sep-16 Dec-16 Mar-17 June-17 Sep-17 2145. 37 1964. 21 3259. 19 2325. 70 2123. 09 EBITDA 710. 53 702. 25 2074. 21 898. 25 946. 86 EBITDA Margin (%) 33. 12% 35. 75% 63. 64% 38. 62% 44. 60% 300. 42 336. 17 1, 501. 4 8 316. 09 326. 88 14. 00% 17. 11% 46. 07% 13. 59% 15. 40% Total Income 12, 925 13, 881 14, 772 12, 721 12, 047 PAT Margin (%) 2012 -13 2013 -14 2014 -15 2015 -16^ 2016 -17 Note : Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone ^ Restated as per Ind AS NLC India Limited Corporate Presentation November-2017 15

Financial Performance Earnings Per Share (Rs. ) Capital Employed (Rs in Crore) 14. 14 13, 505 8. 95 8. 70 9. 42 12, 691 12, 399 12, 334 2013 -14 2014 -15 12, 501 1. 36 2012 -13 2013 -14 2014 -15 2015 -16^ 2016 -17 2012 -13 Debt-Equity ratio Dividend 2012 -13 Dividend % 0. 28 0. 23 2013 -14 0. 21 2014 -15 2016 -17 Dividend Trend 0. 57 0. 27 2015 -16^ 2016 -17 28. 0% 30. 0% 470 470 503 2012 -13 2013 -14 2014 -15 2015 -16 73. 4% 1, 122 2016 -17 Note : Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone; ^ Restated as per Ind AS NLC India Limited Corporate Presentation November-2017 16

Operational Performance – Power Generation (MU) PLF (%) Comparison NLCIL 19, 902 2012 -13 19, 989 2013 -14 21, 033 19, 729 2014 -15 19, 182 2015 -16 2016 -17 83 83 70 2012 -13 Revenue (Rs in Crore) Revenue All India 81 76* 73 ** 66 65 62 60 2013 -14 2014 -15 2015 -16 2016 -17 EBIT (Rs. in Crore) & EBIT Margin (%) Growth (%) 8, 865 EBIT Margin 31. 0% 6, 768 5, 692 5, 383 633 5, 930 609 746 578 516 14. 6% 5. 7% 2012 -13 11. 76% 14. 1% 2013 -14 9. 76% 7. 63% 4. 2% 2014 -15 2015 -16^ 2016 -17 2012 -13 Source: Annual Report, Central Electricity Authority– Executive Summary Mar -17 Report * Does not include TS II E, Wind and Solar as these were commissioned during the year, **including TS II E, Wind and Solar NLC India Limited 10. 70% Corporate Presentation November-2017 2013 -14 2014 -15 2015 -16^ 8. 41% 2016 -17 ^ Restated as per Ind AS 17

Operational Performance – Mining Lignite Production (LT) Capacity Utilization (%) 276 262 265 90% 86% 87% 2012 -13 2013 -14 2014 -15 83% 255 2012 -13 2013 -14 2014 -15 2015 -16 2016 -17 Revenue (Rs in Crore) Revenue 4, 377 2016 -17 EBIT (Rs in Crore) & EBIT Margin (%) Growth (%) EBIT 6, 574 5, 349 4, 076 2015 -16 4, 675 27. 54% 23% EBIT Margin 26. 53% 26. 60% 20. 11% 22. 54% 10% 2012 -13 7% 7% 2013 -14 2014 -15 1241 1122 2015 -16^ 2016 -17 2012 -13 1423 1322 2015 -16^ 2016 -17 987 2013 -14 2014 -15 Note : Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone financial statements NLC India Limited Corporate Presentation November-2017 18

Quarterly Performance - Segment Mining Power Lignite Production (LT) Power Generation (MU) 69 63 5, 276 5, 067 5, 255 5, 010 41 38 Q 1 Q 2 2017 -18 Q 1 2017 -18 2016 -17 Revenue (Rs in Crore) 1, 657 1, 667 2, 309 1, 301 Q 1 2016 -17 Revenue (Rs in Crore) 1, 557 2, 053 1, 935 Q 2 2017 -18 Q 2 2016 -17 Q 1 2, 001 Q 2 2017 -18 2016 -17 Source: Un-audited quarterly financial results NLC India Limited Corporate Presentation November-2017 19

Half yearly Performance - Segment Mining Power Lignite Production (LT) Power Generation (MU) 110 101 2017 -18 H 1 2016 -17 H 1 10, 285 10, 322 2017 -18 H 1 2016 -17 H 1 Revenue (Rs in Crore) 3, 224 2, 958 4, 362 3, 930 2017 -18 H 1 2016 -17 H 1 Source: Un-audited quarterly financial results NLC India Limited Corporate Presentation November-2017 20

Efficiency Parameters Output per Man Shift – Lignite (in Tonne)* Value Added Per Employee (Rs. Lakhs)* 13. 67 44 13. 08 12. 88 12. 64 33 30 28 26 2012 -13 11. 97 2013 -14 2014 -15 2015 -16^ 2016 -17 2012 -13 * Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone NLC India Limited Corporate Presentation November-2017 2013 -14 2014 -15 2015 -16 2016 -17 ^ Restated as per Ind AS 21

Shareholding Pattern 4. 18% No. of Shareholders (A) Promoter & Promoter Group 0. 32% 2. 22% 5. 33% 1 Govt. of India (B) Public 3. 91% 5 State Govt. * Mutual Funds & Financial Institutions 64 Insurance Companies 19 759 Non Institutions Others 84. 04% Total No. of Shares – 152, 85, 68, 427 Govt. of India State Govt. * Mutual Funds & Financial Institutions Insurance Companies Non Institutions Others 92, 405 Total 93, 253 Market Cap – Rs. 16, 111 Crore** Shareholding Pattern as on 24. 11. 2017 * State Govt. sponsored institutions ; **Market Cap as on 30. 11. 2017 NLC India Limited Corporate Presentation November-2017 22

3 Market Opportunity NLC India Limited Corporate Presentation November-2017 23

Power Demand & Renewable Potential All India Electricity Requirement (in BU) Untapped Solar Power Potential Electrical Energy Requirement 1, 328 1, 430 1, 748 1, 640 1, 534 1, 860 1, 975 2, 092 2, 212 2, 336 2017 -182018 -192019 -202020 -212021 -222022 -232023 -242024 -252025 -262026 -27 Targeted Renewable Energy by 2022 (175 GW) 10 5 60 100 Solar (57%) Wind (34%) Biomass (6%) Small Hydro (3%) Map not to scale Source : National Electricity Plan 2016; NLC India Limited Corporate Presentation November-2017 24

Lignite Reserves in India n Barsingsar Lignite Field n Bikaner lignite field n Barmer lignite field n Jaisalmer lignite field n Jalore lignite field n n Depth wise resources in MT as on 01. 04. 2017 Kupwara lignite field STATE n Rakshitpur lignite field Nagaur & Pali lignite field Jammu & Kashmir Measured West Bengal Gujarat n n Bharuch lignite field Mannargudi lignite field n Ramanathapuram lignite field n Bhavnagar lignite field n Kachchh lignite field Tamil Kerala Nadu Puducherry n Jayamkondam lignite field n Neyveli lignite field % 0. 00 405. 61 11. 00 416. 61 0. 93 4093. 53 22632. 87 9055. 98 35782. 38 80. 05 Rajasthan 1168. 53 2670. 84 1896. 60 5735. 97 12. 84 Gujarat 1278. 65 283. 70 1159. 70 2722. 05 6. 09 J&K 0. 00 20. 25 7. 30 27. 55 0. 06 Kerala 0. 00 9. 65 0. 02 West Bengal 0. 00 1. 13 2. 80 3. 93 0. 01 6540. 71 26014. 40 12143. 03 44698. 14 100. 00 Market Share of Lignite Production Lignite Reserves (MT) Surat lignite field Total Tamil Nadu 2, 722. 05457. 74 n Inferred Puducherry Total Rajasthan Indicated NLCIL 5, 735. 97 58. 10% Others 60. 90% 41. 90% 35, 782. 38 n Kannanur lignite field n Kayyur lignite field n Bahur lignite field Tamil Nadu Map not scale Source : Geological Survey of India, Geological Data Centre - 2017 NLC India Limited Corporate Presentation November-2017 Rajasthan Gujarat Others 2015 -16 2016 -17 25

Power Sector in India Installed Capacity as on 31. 10. 2017 Per Capita Consumption (k. Whr) 3, 31, 118 MW 14, 772 Power Demand & Supply (MU) – Oct 17 Per Capita Consumption (k. Whr) 779 819 717 734 672 631 12, 685 957 884 914 1, 075 1, 010 720, 430 715, 249 Requirement Availability 2015 -16 2014 -15 2013 -14 2012 -13 2011 -12 2010 -11 2009 -10 2008 -09 2007 -08 44, 765 2006 -07 2005 -06 32, 701 193, 427 All India Plant Load Factor % 6, 780 2017 -18 25, 988 66 Coal Gas & Diesel Nuclear Hydro Wind Solar 67 64 70 73 62 68 2016 -17 67 66 70 61 58 60 60 Other Resources Apr May June July Aug Sep Oct Source : Central Electricity Authority – Executive Summary October -17 Report NLC India Limited Corporate Presentation November-2017 26

4 Growth Plans NLC India Limited Corporate Presentation November-2017 27

NLCIL Growth Plan – Vision 2025 Sl. No Project Existing Capacity 1 Addition Proposed Total 2 30. 60 31. 55 62. 15 0 31. 00 Total Mining (MTPA) 30. 60 62. 55 93. 15 3 Power - Lignite Based (MW) 3, 240 3, 540 6, 780 4 Power - Coal Based (MW) 1, 000 5, 980 6, 980 5 Power - Renewable (MW) 164 4, 087 4, 251 6 Acquisition of Power Assets (MW) 0 3, 000 4, 404 16, 607 21, 011 1 Lignite (MTPA) 2 Coal (MTPA) Total Power (MW) TOTAL CAPEX : Rs. 1. 29 lakh crore with a debt-equity ratio of 70: 30 1 Note: Existing Capacity as on 30. 11. 2017; 2 Source : NLCIL Corporate Plan 2025 The Corporate plan includes investments through subsidiaries and Joint Ventures NLC India Limited Corporate Presentation November-2017 28

Growth Plan over 3 Years Sl. No Project Existing Capacity 1 Addition Proposed Total 2 30. 60 8. 55 39. 15 0 31. 00 Total Mining (MTPA) 30. 60 39. 55 70. 15 3 Power - Lignite Based (MW) 3, 240 900 ^ 4, 140 4 Power - Coal Based (MW) 1, 000 0 1, 000 5 Power - Renewable (MW) 164 3, 087 3, 251 6 Acquisition of Power Assets (MW) 0 3, 000 * 3, 000 4, 404 6, 987 11, 391 1 Lignite (MTPA) 2 Coal (MTPA) Total Power (MW) Note: 1 Existing Capacity as on 30. 11. 2017; 2 Source : NLCIL Corporate Plan 2025 ^Considering retirement of TPS-I (600 MW), On account of decommissioning of TPS-I Power Plant ) * Includes DVC 1200 MW acquisition NLC India Limited Corporate Presentation November-2017 29

On going / Upcoming Mining Projects On Going Projects Upcoming Projects Lignite Projects MT Expected COD Expansion of Mine-IA from 3 MTPA to 7 MTPA 4. 00 Mar- 18 * Bithnok Lignite Mine, Rajasthan 2. 25 Mar-19 * Hadla Lignite Mines, Rajasthan 1. 90 Mar-19 * Barsingsar Expansion, Rajasthan 0. 40 Mar-19 Total Lignite Projects MT Expected COD Palayamkottai & Vellar 11. 5 Mar-22 Mine III Neyveli 11. 5 Mar-21 Total 23. 00 8. 55 Total Lignite: 31. 55 MT Upcoming Coal Projects MT Expected COD Talabira II & III Coal Blocks 20. 00 Mar-19 South Pachwara Coal Block ** 11. 00 Mar-20 Total 31. 00 Coal Projects Total Coal: 31. 00 MT Source : NLCIL Corporate Plan 2025, * Under approval, ** Allotted for NUPPL * These projects are put on hold. NLC India Limited Corporate Presentation November-2017 30

On going / Upcoming Power Projects On Going Projects Lignite based TPS: Upcoming Projects MW Expected COD 1, 000* Sep-18 Bithnok TPS^ 250 Mar-20 Barsingsar TPS Expn^ 250 Mar-20 Total 900* Neyveli New Thermal Power Project Coal based TPS: NUPPL - UP MW Expected COD 1, 980 Unit I - June 20 Unit II – Dec 20 Unit III – Jun 21 Lignite based TPS-II 2 nd Expn MW Expected COD Solar – Neyveli 27 Dec-17 Solar – TN 500 Mar-18 Total 527 Expected COD 2, 640 Phase I: Mar-22 Phase II: Mar-24 Total Lignite Power Project: 3540 MW Coal based TPS MW Expected COD Odisha / NTPL Expn. 4000 Phase I : Mar-23 Phase II: Mar-25 Total Coal Power Project: 5980 MW Renewable: MW MW Expected COD Solar – in various States 3, 360 Sep-20 Wind Power - TN 200 Jan-19 Total 3, 560 Total Renewable Power Project: 4087 MW Power Assets Acquisition MW Raghunathpur – JV with DVC 1, 200 Power Assets Acquisition 1, 800 Total 3, 000 * Note: NNTPS to replace existing TPS I of 600 MW accordingly 400 MW has been considered for arriving the total. ^ These projects are put on hold. Source : NLCIL Corporate Plan 2025 NLC India Limited Corporate Presentation November-2017 31

5 Corporate Social Responsibility NLC India Limited Corporate Presentation November-2017 32

CSR Initiatives Details of CSR expenditure (Rs. Cr) Year % of amount spent on CSR Activities in 2016 -17 Norm* Actual 2014 -15 41. 60 47. 49 2015 -16 44. 27 81. 93 2016 -17 43. 46 37. 19** 19. 09% 24. 87% 0. 48% 5. 89% Green belt development 0. 35% Neyveli Township Overview Green Cover with 191 lakh trees. 0. 46% 19. 28% 29. 58% Paddy field on Reclaimed Mined land at Neyveli Health & Sanitation Water & Irrigation Education Women Empowerment Sports in Rural areas Infrastructure Environmental Sustainability Others * Norms as per section 135 of Companies Act - 2013 ** Unspent Amount – Rs. 6. 27 crore due to pending clearance from District and other local authorities for allocation of work front. NLC India Limited Corporate Presentation November-2017 33

New Initiatives – Sustainable Development Energy Conservation Technology Absorption n Formed 14 industrial service units for adoption of energy conservation measures n Installation of energy efficient equipments n Energy Audit for Thermal Power Stations n Intensive installation of LED bulbs in township area n Minimisation of idle running hours in crushers in TPSs n Adding of capacitor banks through induction motors n 25. 09 MU of energy conserved through energy efficiency measures n Preparation of Zeolites tablet from Lignite Fly Ash for water treatment n Development of organic coating paints for use in specialized Mining equipment/De-watering pipes to enhance its life n Reclamation of Slag Dump areas in Mine-II suitable for development of Green Cover n Coldry and Matmor process è Tripartite Agreement signed on 19. 01. 16 between NLCIL NDMC and Environmental Clean Technologies, Australia to conduct feasibility study on pilot scale R&D plant on Coldry and Matmor process n R & D Initiatives Other R&D Initiatives è Underground Coal Gasification, Silica sand Beneficiation Plant, Development of fly ash based pesticide, Dynamic Loading of Conveyors n NLC India Limited 2 projects completed – Conservation of energy through implementation of Programmable Logic Control (PLC) based Dynamic Loading System in Conveyors & Delineation of buried sub-surface objects in Opencast mines. Corporate Presentation November-2017 34

Key risks n Risk in Land acquisition n Adverse OB Ratios in Mining n Fuel Supply risks n Project Completion risks n Realisation of Dues from DISCOMs n Surrender of Power may increase n Competition due to Renewable n Risk due to stringent Environmental norms n Funding risks n Risk relating to non-appointment of required member of independent directors - NLCIL may be subject to penal actions by regulatory and statutory authorities in India, if NLCIL is unable to comply with any applicable law, including terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended in connection with nonappointment of required member of independent directors. NLC India Limited Corporate Presentation November-2017 35

Thank You NLC India Limited Corporate Presentation November-2017 36