Inox Wind Limited

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Greening l N D l A CIN : L31901 HP2009PLCO31083 Corporate Office: INOXGFLTowers, Plot No. 17, Tel: +91-120-6149600 1 contact@inoxwind.com Sector-1 6A, Noida-201301, Uttar Pradesh,

3.3 MW

 WIND POWER INDUSTRY  ORDER BOOK  WIND O&M BUSINESS  FINANCIAL HIGHLIGHTS Actual image of 3.3 MW WTG erected at our Gujarat site 2 GROUP STRUCTURE & BUSINESS OVERVIEW 3 PART OF THE STRONG I

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wind business. Market leader in diverse set of industries: Significantly ahead of nearest competitors 4 INOX WIND, IT’S HOLDING COMPANY & SUBSIDIARIES Inox Wind Energy Limited (IWEL) 54.71%* Inox Wind

54.71%

t competitors 4 INOX WIND, IT’S HOLDING COMPANY & SUBSIDIARIES Inox Wind Energy Limited (IWEL) 54.71%* Inox Wind Limited (IWL) Promoter Entities 17.53%* 100%* 56.04%* Resco Global Wind Services P

17.53%

UBSIDIARIES Inox Wind Energy Limited (IWEL) 54.71%* Inox Wind Limited (IWL) Promoter Entities 17.53%* 100%* 56.04%* Resco Global Wind Services Pvt Ltd (RGSPL) Inox Green Energy Services Limited

100%

ES Inox Wind Energy Limited (IWEL) 54.71%* Inox Wind Limited (IWL) Promoter Entities 17.53%* 100%* 56.04%* Resco Global Wind Services Pvt Ltd (RGSPL) Inox Green Energy Services Limited (IGESL)

56.04%

ox Wind Energy Limited (IWEL) 54.71%* Inox Wind Limited (IWL) Promoter Entities 17.53%* 100%* 56.04%* Resco Global Wind Services Pvt Ltd (RGSPL) Inox Green Energy Services Limited (IGESL) Manufac

5000 MW

h grid availability and minimum power losses blades and towers  Sufficient land bank to install ~5000 MW capacity * as on date  Contracts with third-party suppliers for spares;  In-house manufact

Rs. 740

IGHLIGHTS Key Highlights:  Successfully completed IPO of Inox Green (O&M subsidiary) and raised Rs. 740 crs.  The prototype of newly launched 3.3 MW WTG is performing well and post the testing and certi

150 MW

e changer for the Indian markets given it’s size and competitiveness.  Execution of NTPC project (150 MW) is progressing well.  We have recently been awarded with another order of 200 MW by NTPC. This o

200 MW

f NTPC project (150 MW) is progressing well.  We have recently been awarded with another order of 200 MW by NTPC. This order value is upwards of Rs. 1250 Crs. This order is in addition to the order of 15

Rs. 1250

We have recently been awarded with another order of 200 MW by NTPC. This order value is upwards of Rs. 1250 Crs. This order is in addition to the order of 150 MW won by us in FY 22.  Completed the down sale

“ We believe the 3.3 MW WTG will be a game changer for the Indian markets given it’s size and competitiveness.”

“ Execution of NTPC project (150 MW) is progressing well.”

“800 crs to the promoters/group entities and the same will be utilized for repayment of internal debt taken from one of the Group Companies.”

“PRODUCT MIX AND PRODUCT LAUNCH Product Mix and EPC  Aiming to mitigate the EPC related risks by preferring for equipment supply contracts over turn key contracts.”

“Going forward we expect 3~5 GW of wind installations will take place every year.”

“ The RPO target has been increased to 21% for FY22 for state discoms, up from 17% in FY19.”

“ India has announced a renewable energy target of 175 GW by 2022 and a target of 450 GW by 2030.”

“ One of the major initiatives taken by MNRE in respect of off shore development of wind energy, is to invite bids equivalent to a project capacity of 4 GW per year for the period of 3 years starting from FY 22-23, off the coasts of Tamil Nadu and Gujarat for sale of power through open access/captive/bilateral third party sale/merchant sale.”

“Tower capacity can also be outsourced depending on project location.”

“ Customers across the board are looking for a switchover to a strong, credible, renowned and Indian O & M service provider and we are sweetly placed to capture this opportunity going forward.”

Key Highlights

1

Key Highlights

 Successfully completed IPO of Inox Green (O&M subsidiary) and raised Rs. 740 crs.  The prototype of newly launched 3.3 MW WTG is performing well and post the testing and certification, serial supplies will commence given the supply chain is already in place.  We believe the 3.3 MW WTG will be a game changer for the Indian markets given it’s size and competitiveness.  Execution of NTPC project (150 MW) is progressing well.  We have recently been awarded with another order of 200 MW by NTPC. This order value is upwards of Rs. 1250 Crs. This order is in addition to the order of 150 MW won by us in FY 22.  Completed the down sale of one SPV of 50 MW (SECI 1) to Torrent Power and three SPVs of 50 MW each (SECI 1) to Adani.  The supplies towards the Continuum and Nani Virani (SECI II SPV) projects stand completed.  Various retail orders are progressing well and commissioning of turbines is taking place progressively.  During the quarter, the manufacturing operations were muted due