NLC India Limited Formerly Neyveli Lignite Corporation Limited

NLC India Limited (Formerly Neyveli Lignite Corporation Limited) A “Navratna” – Government of India Enterprise Corporate Presentation August - 2018 NLC India Limited Corporate Presentation August-18

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 August-18 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 August-18 3

1 Company Overview & Performance Highlights NLC India Limited Corporate Presentation August-18 4

NLC India Ltd | Introduction A ‘Navratna’ CPSE incorporated in 1956. Under the administrative control of Ministry of Coal Paid up Equity Share Capital - Rs. 1, 528. 57 Crore (Go. I holding – 83. 94%) Mining , Power Generation Trading License – Category I 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 10 Directors (4 Functional Directors, 1 Government Nominees and 5 Independent Directors including 1 Women Directors) We are currently not in compliance with the requirements of Regulations 17(1)(b) 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 requirement 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. NLC India Limited Corporate Presentation August-18 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 and 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 August-18 6

Evolution & Key Milestones # Mine II : 10. 5 MTPA # TPS II : 1470 MW Mine I : 6. 5 MTPA 1956 1970 1962 Incorporation Listed on NSE 2003 1994 1993 TPS 1 600 MW Formation of NLC Tamil Nadu Power Limited 2000 Listed on BSE # Mine I A : 3 MTPA # Mine I Expn : 4 MTPA # TPS I Expn : 420 MW # TPS II Expn : 500 MW # Solar : 10 MW # NTPL : 1000 MW Received Navratna Status 2010 2005 # Mine II Expn : 4. 5 MTPA # Barsingsar Mine : 2. 1 MTPA 2012 2011 # Wind 51 MW # Solar 130 MW 2015 # Barsingsar TPS : 250 MW # Formation of Neyveli Uttar Pradesh Power Ltd 2018 2016 Allocation of Coal Blocks # Pachwara South (11. 0 MTPA) # Talabira II & III (21. 0 MTPA) 2017 Solar 300 MW* Tamil Nadu Note: - * 100 MW Solar Commissioned in March 2018 further 200 MW commissioned in May 2018. NLC India Limited Corporate Presentation August-18 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 Wind Talabira, Odisha n Renewable Energy è Solar* Mines Tirunelveli NTPL (JV with Tamil Nadu Generation and Distribution Corporation Limited) Virudhunagar, Tamil Nadu Tuticorin n Registered Office NLC India Limited n Neyveli Tuticorin, Tamil Nadu Note: - Map not to scale; TPS = Thermal Power Station. è NNTPS # * Hyderabad Chennai n è TPS II Expn Bhubaneshwa r Mumbai *Solar 140 MW in Neyveli & balance 300 MW in different parts of Tamil Nadu Corporate Presentation August-18 Solar 300 MW Liaison Offices Project Liaison Offices # Under Construction 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 491 MW* 440 3. 00 2. 10 51 Mine IA Mine II Barsingsar Mine Wind Solar Note : Source from NLCIL Annual Reports and figures representing NLCIL Standalone financial statements *Existing Capacity as on August 2018 NLC India Limited Corporate Presentation August-18 9

Details of Investments in Various Assets Net Fixed Assets (Rs. in Crore) 5, 428 5, 154 3, 631 3, 538 1, 474 339 319 309 2016 -17 Mines 2017 -18 Thermal Renewable Others Note : Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone; NLC India Limited Corporate Presentation August-18 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. 2018, 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 35 Bucket Wheel Excavators è Conveyor length – 118. 27 KMs Power Generation n Experience in running lignite based thermal power station. n All thermal stations (including TPS I being more than 50 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 53. 92 % in Lignite mining in India during FY 2017 -18 as compared to 60. 90% in FY 2016 -17 *Source : In-house survey report (provisional) as on 01. 04. 2018. NLC India Limited Corporate Presentation August-18 11

Experienced Management and Board of Directors Shri Rakesh Kumar, CMD (Addl. Charge) & Director (Finance) Part-time Official Director Shri. Suresh Kumar, Additional Secretary, Ministry of Coal, Govt. of India Shri R. Vikraman, Director (Human Resource) Functional Directors Independent Directors Shri V. Thangapandian, Director (Power) Shri. N. N. M. Rao, Director (Planning & Projects ) Shri Chandra Prakash Singh, Independent Director Ms. Nalini Padmanabhan, Independent Director Shri Azad Singh Toor, 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) 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 requirement 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. Director Mines – Post is vacant NLC India Limited Corporate Presentation August-18 12

2 Financial & Operational Performance NLC India Limited Corporate Presentation August-18 13

Financial Performance Total Income (Rs in Crore) 6, 992 6, 797 1, 046 740 484 586 EBITDA* & EBIT* (Rs in Crore) 9, 327 9, 083 709 372 651 373 7, 177 3, 647 2, 464 554 401 3, 186 2, 981 2, 634 2, 503 2, 194 2, 786 1, 808 1, 166 5, 360 2013 -14 6, 222 2015 -16^ 5, 573 2014 -15 Power Mine 8, 246 8, 059 2016 -17 2017 -18 2013 -14 2014 -15 EBITDA Other PBT & PAT (Rs in Crore) 2, 690 2, 383 2, 369 1, 856 1, 849 1, 580 1, 502 228 2013 -14 2014 -15 2015 -16^ PBT 2016 -17 PAT Corporate Presentation 2017 -18 EBIT 2013 -14 2014 -15 2015 -16^ 2016 -17 2017 -18 OPM (%) 32. 78 31. 62 32. 91 39. 12 36. 60 NPM (%) 21. 48 23. 24 3. 18 25. 40 20. 35 ROCE (%) 12. 11 12. 81 1. 69 18. 95 12. 16 RONW (%) 10. 82 10. 69 1. 79 19. 66 14. 07 Current Ratio 3. 44 3. 55 1. 70 1. 41 1. 39 2017 -18 Quick Ratio 3. 16 1. 47 1. 15 1. 20 Note : Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone; ^ Restated as per Ind AS in Regulatory Exceptional Item. NLC India Limited 2016 -17 Key Financial Ratios 3, 028 2, 209 2015 -16 ^ August-18 * EBITDA & EBIT computed considering Net Movement Expenses/Income and without considering 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 8, 720 3, 164 6, 959 3, 150 Quarterly Income statement 3, 540 Rs in Crore Sep-17 Dec-17 Mar-18 June-18 2, 123. 09 1, 807. 50 2826. 76 1841. 11 EBITDA * 764. 51 506. 37 1673. 40 732. 88 EBITDA Margin (%) 36. 01% 28. 01% 59. 20% 39. 81% 326. 88 313. 80 892. 01 319. 63 15. 40% 17. 36% 31. 56% 17. 36% Total Income 13, 881 14, 772 12, 721 12, 047 13, 136 PAT Margin (%) 2013 -14 2014 -15 2015 -16 ^ 2016 -17 2017 -18 Note : Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone ^ Restated as per Ind AS NLC India Limited Corporate Presentation August-18 * EBITDA computed considering Net Movement in Regulatory Expenses/Income and without considering Exceptional Item. 15

Financial Performance Earnings Per Share (Rs. ) Capital Employed (Rs in Crore) 15, 198 14. 14 12. 09 12, 399 12, 334 2017 -18 2013 -14 2014 -15 13, 505 12, 501 9. 42 8. 95 1. 36 2013 -14 2014 -15 2015 -16^ 2016 -17 Debt-Equity ratio 2015 -16^ 2016 -17 2017 -18 Dividend Trend (Rs in Crore) 0. 66 Dividend % 73. 4% 0. 58 45. 0% 0. 28 0. 23 2013 -14 0. 21 2014 -15 2015 -16^ 2016 -17 2017 -18 28. 0% 30. 0% 470 503 2013 -14 2014 -15 2015 -16 Note : Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone; ^ Restated as per Ind AS NLC India Limited Corporate Presentation August-18 1, 122 647 2016 -17 2017 -18* *Includes Final Dividend of 2. 7% 16

Operational Performance – Power Generation (MU) NLCIL PLF (%) Comparison NLCIL Group 83 27, 286 22, 838 19, 989 19, 729 2013 -14 2014 -15 21, 033 81 26, 154 20, 741 All India 76 73* 66 65 62 63 2013 -14 2014 -15 2015 -16 2016 -17 8844. 3 2017 -18 EBIT (Rs. in Crore) 8652. 7 1379 1237 6767. 8 2013 -14 61 19, 182 Revenue from Operations (Rs in Crore) 5692. 3 72 ** 5929. 5 2014 -15 2015 -16^ 2016 -17 2017 -18 609 578 2013 -14 2014 -15 516 2015 -16^ 2016 -17 2017 -18 Source: Annual Report, Central Electricity Authority– Executive Summary Mar -18 Report ^ Restated as per Ind AS * Does not include TS II E, Wind and Solar as these were commissioned during the year ** does not include Wind and Solar NLC India Limited Corporate Presentation August-18 17

Operational Performance – Mining Lignite Production (LT) Capacity Utilization (%) 276 266 87% 265 255 2013 -14 2014 -15 2015 -16 87% 90% 83% 82% 252 2016 -17 2017 -18 2013 -14 2014 -15 Revenue (Rs in Crore) 2015 -16 2016 -17 2017 -18 EBIT (Rs in Crore) 6, 574 4, 377 1423 5, 603 5, 349 4, 675 987 1670 1241 1012 2013 -14 2014 -15 2015 -16^ 2016 -17 2017 -18 Note : Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone financial statements ^ Restated as per INDAS NLC India Limited Corporate Presentation August-18 18

Quarterly Performance - Segment (2018 -19 vs 2017 -18) Mining Power Lignite Production (LT) Power Generation (MU) 38 36 5, 276 4, 884 Q 1 2018 -19 2017 -18 Revenue (Rs. in Crore) 1, 657 2, 309 1, 260 1, 677 Q 1 2018 -19 Q 1 2017 -18 2018 -19 2017 -18 Source: Quarterly financial results NLC India Limited Corporate Presentation August-18 19

Efficiency Parameters Output per Man Shift – Lignite (in Tonne)* Value Added Per Employee (Rs. Lakhs)* 50 13. 67 44 13. 14 13. 08 12. 88 12. 64 33 30 28 2013 -14 2014 -15 2015 -16^ 2016 -17 2017 -18 2013 -14 * Source from NLCIL Financial Results & Annual Reports and figures representing NLCIL Standalone NLC India Limited Corporate Presentation August-18 2014 -15 2015 -16 2016 -17 2017 -18 ^ Restated as per Ind AS 20

Shareholding Pattern 0. 63% No. of Shareholders 3. 05% (A) Promoter & Promoter Group 8. 47% 1 Govt. of India 3. 91% (B) Public State Govt. - Sponsored Institutions Mutual Funds, Financial Institutions & Banks Insurance Total No. of Shares – 152, 85, 68, 427 Govt. of India State Govt. Sponsored Institutions Mutual Funds , Financial Institutions & Banks Insurance Companies Others 43 3 98, 238 Others 83. 94% 5 Total 98, 290 Market Cap – Rs. 12, 052. 76 Crore* Shareholding Pattern as on 17. 08. 2018 *Market Cap as on 21. 08. 2018 (Closing Price of SE) NLC India Limited Corporate Presentation August-18 21

3 Market Opportunity NLC India Limited Corporate Presentation August-18 22

Power Demand & Renewable Potential All India Electricity Requirement (in BU) Untapped Solar Power Potential Electrical Energy Requirement 1, 430 1, 534 1, 640 1, 748 1, 860 1, 975 2, 092 2, 212 2, 336 2018 -19 2019 -20 2020 -21 2021 -22 2022 -23 2023 -24 2024 -25 2025 -26 2026 -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 August-18 23

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. 2018* Kupwara lignite field STATE n Rakshitpur lignite field Nagaur & Pali lignite field Jammu & Kashmir West Bengal Gujarat Indicated n n Bharuch lignite field Mannargudi lignite field n Ramanathapuram lignite field Bhavnagar lignite field Kachchh lignite field Tamil Kerala Nadu Puducherry n Jayamkondam lignite field n Neyveli lignite field 0. 00 405. 61 11. 00 416. 61 0. 92 22648. 33 9147. 87 35889. 74 79. 02 Rajasthan 1168. 53 3029. 78 2150. 76 6349. 08 13. 98 Gujarat 1278. 65 283. 70 1159. 70 2722. 05 5. 99 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 26388. 80 12489. 08 45418. 60 100. 00 Market Share of Lignite Production NLCIL 6, 349. 07 58. 10% Kannanur lignite field n Kayyur lignite field n Bahur lignite field Tamil Nadu NLC India Limited Corporate Presentation August-18 60. 90% 53. 92% 46. 07% 31. 90% Rajasthan Gujarat Others 2015 -16 Map not scale Source : In house survey report (provisional) as on 01. 04. 2018 Others 41. 90% 35, 889. 74 n % 4093. 53 Lignite Reserves (MT)* Surat lignite field Total Tamil Nadu 2, 722. 05457. 74 n Inferred Puducherry Total Rajasthan Measured 2016 -17 2017 -18 24

Power Sector in India Installed Capacity as on 30. 06. 2018 All India Energy Requirement & Supply (MU) : Apr-18 to June-18 (Provisional) - MU Per Capita Consumption (k. Whr) 343898 MW 1, 149 2017 -18 1, 010 2014 -15 1, 122 957 2013 -14 2016 -17 914 2012 -13 1, 075 884 819 2010 -11 2011 -12 779 2009 -10 45, 403 734 34, 046 2008 -09 21, 651 13, 325 2015 -16 213, 012 211, 829 Requirement Supplied 196, 958 All India Plant Load Factor % 6, 780 2018 2017 25, 735 65. 6 62. 9 60. 1 Coal Gas & Diesel Nuclear Hydro Wind Solar 64. 6 64. 9 63. 1 65. 5 63. 6 61. 5 59. 2 56. 7 Other Resources Jan Feb Mar Apr May June Source : Central Electricity Authority – Executive Summary March -18 Report NLC India Limited Corporate Presentation August-18 25

4 Growth Plans NLC India Limited Corporate Presentation August-18 26

NLCIL Growth Plan – Vision 2025 Sl. No Project Existing Capacity 1 Addition Proposed Total 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) 491 3, 760 4, 251 6 Acquisition of Power Assets (MW) 0 3, 000 4, 731 16, 280 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. 06. 2018; 2 Source : NLCIL Corporate Plan 2025 The Corporate plan includes investments through subsidiaries and Joint Ventures NLC India Limited Corporate Presentation August-18 27

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) 491 2, 760 3, 251 6 Acquisition of Power Assets (MW) 0 3, 000 4, 731 6, 660 11, 391 1 Lignite (MTPA) 2 Coal (MTPA) Total Power (MW) Note: 1 Existing Capacity as on 30. 06. 2018 2. Source : NLCIL Corporate Plan 2025 ^Considering retirement of TPS-I (600 MW) Power Plant NLC India Limited Corporate Presentation August-18 28

On going / Upcoming Mining Projects Rs. in Cr On Going Projects Upcoming Projects Lignite Projects MT Estimated Cost Expecte d COD Expansion of Mine-IA from 3 MTPA to 7 MTPA 4. 00 709. 06 Sept-19 * Bithnok Lignite Mine, Rajasthan 2. 25 513. 63 Mar-19 * Hadla Lignite Mines, Rajasthan 1. 90 522. 45 Mar-19 * Barsingsar Expansion, Rajasthan ^ 0. 40 - Mar-19 Total 8. 55 1745. 14 Lignite Projects MT Estimated Cost Expecte d COD Palayamkottai & Vellar 11. 5 - Mar-22 Mine III Neyveli 11. 5 10, 872 Mar-21 23. 00 10872 Total Lignite: 31. 55 MT Rs. in Cr Upcoming Coal Projects MT Estimated Cost Expecte d COD Talabira II & III Coal Blocks 20. 00 2401. 07 Mar-19 South Pachwara Coal Block ** 11. 00 1795 Mar-20 Total 31. 00 4196. 07 Coal Projects Total Coal: 31. 00 MT Source : NLCIL Corporate Plan 2025, ^ Under approval, ** Allotted for NUPPL * These projects are under review. NLC India Limited Corporate Presentation August-18 29

On going / Upcoming Power Projects Rs. in Cr On Going Projects Lignite based TPS: MW Estimated cost Expected COD Neyveli New Thermal Power Project 400* 7080. 41 Dec-18 Bithnok TPS^ 250 2196. 30 Mar-20 Barsingsar TPS Expn^ 250 2112. 59 Mar-20 Total 900* 11, 389. 30 Upcoming Projects Rs. in Cr Lignite based TPS-II 2 nd Expn MW NUPPL - UP 1, 980 Estimated cost Expected COD Unit I June 20 Unit II – Dec 20 Unit III – Jun 21 17, 237. 80 Rs. in Cr Renewable: MW Estimated cost Expected COD Solar – TN ( 300 MW out of 500 MW commissioned upto May 2018) 200 895 Sept-18 Solar – TN 709 3356. 59 Apr-19 Total 909 4251. 59 Corporate Presentation August-18 2, 640 16, 983 Coal based TPS MW Estimate d cost Odisha / P I & II 4800 34, 934 Total Coal Power Project: 5980 MW Expected COD Phase I: Mar-22 Phase II: Mar-24 Rs. in Cr Expected COD Phase I : Mar-23 Phase II: Mar-25 Rs. in Cr Renewable MW Estimate d cost Expected COD Solar – in various States 2651 10, 604 Sep-20 Wind Power – TN 200 1240 Jan-19 Total 2851 11, 844 Total Renewable Power Project: 3560 MW Power Assets Acquisition 3000 * Note: NNTPS of 1000 MW to replace existing TPS I of 600 MW accordingly net of 400 MW has been considered. ^ These projects are under review. Source : NLCIL Corporate Plan 2025 NLC India Limited Estimate d cost Total Lignite Power Project: 3540 MW Rs. in Cr Coal based TPS: MW Total Power Assets Acquisition: 3000 MW 30

5 Corporate Social Responsibility NLC India Limited Corporate Presentation August-18 31

CSR Initiatives Details of CSR expenditure (Rs. Cr) Year % of amount spent on CSR Activities in 2017 -18 Norm Actual 2015 -16 44. 27 81. 93 2016 -17 43. 46 37. 19 2017 -18 37. 32 43. 59# 13. 19% 14. 93% 4. 22% 3. 12% Green belt development Neyveli Township Overview Green Cover with 191 lakh trees. 13. 90% 28. 93% 0. 94% 20. 76% Paddy field on Reclaimed Mined land at Neyveli Health & Sanitation Water & Irrigation Education Promotion of Sports Infrastructure Environmental Sustainability Old Age Home Others #Includes unspent carry forward of 2016 -17 amounting to Rs. 6. 27 Crore NLC India Limited Corporate Presentation August-18 32

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 NLC India Limited (NLCIL) and NMDC Limited signed a Memorandum of Understanding (Mo. U) with Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) for the largest-ever joint R&D collaboration between Australia and India. The Signing of Mo. U and execution of the Project Agreement were carried out on 30 th May, 2018 (Wednesday) in Canberra, Australia. R & D Initiatives n 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 August-18 33

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 number 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. NLC India Limited Corporate Presentation August-18 34

Thank You NLC India Limited Corporate Presentation August-18 35