Gujarat Industries Power Company Limited

Ravindra Harshadrai Dholakia

Independent Director

Mamata Biswal

Independent Director

rs,

Corporate Relations Department BSE Ltd. 1st Floor, New Trading Ring Sir Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai: 400 001. Scrip Code: 517300 4th December, 2023 The General Manager Li

1184.40MW

ged in the business of Electrical Power Generation with a present installed generation capacity of 1184.40MW. The Company has a diversified portfolio of Thermal (Gas and Lignite), Wind and Solar Power Plant

2375MW

184.4 1992 1997 1999 2010 2012 2016 2017 2019 2021 Total Capacity (MW) 6 Future Growth Plans • 2375MW Renewable Energy Park at Khavda Leasehold Land was allotted at Great Rann of Kutch near Khavda to

30GW

set up 2375MW of Renewable Energy (RE) Park. This Park will be developed as a part of prestigious 30GW RE Park planned near International Border in Great Rann of Kutch. Ministry of New & Renewable Ener

600MW

he entire RE Park capacity is expected to be completed by December, 2026 7 Future Growth Plans • 600MW Solar Power Project at Khavda The Company had successfully bid for 600 MW Solar Power Project unde

600 MW

7 Future Growth Plans • 600MW Solar Power Project at Khavda The Company had successfully bid for 600 MW Solar Power Project under Green shoe option of Gujarat Urja Vikas Nigam Limited (GUVNL) Tender & s

Rs. 2.73

ve been initiated. Company has signed the Power Purchase Agreement (PPA) with GUVNL at a tariff of Rs. 2.73 per unit on 11.08.2023 • 500MW Solar Power Project at Khavda The Company has signed the Power Purc

500MW

ed the Power Purchase Agreement (PPA) with GUVNL at a tariff of Rs. 2.73 per unit on 11.08.2023 • 500MW Solar Power Project at Khavda The Company has signed the Power Purchase Agreement (PPA) with GUVNL

rs 31.03

Y 2018-19 FY 2019-20 FY 2020-21 FY 2021-22 FY 2022-23 9 Financial Position Sr. No. Particulars 31.03.2019 31.03.2020 31.03.2021 31.03.2022 31.03.2023 2,487.26 2,570.74 668.47 437.68 513.91 2

16.55%

terest Coverage Ratio (in times) Return on Net worth Book Value per Share (BVPS) (in Rs.) 1.53 16.55% 1.97 7.01% 8.83 5.90 6.09 6.07 12.60% 8.36% 11.66 4.49 32.34% 7.88 7.09% 169.

7.01%

Ratio (in times) Return on Net worth Book Value per Share (BVPS) (in Rs.) 1.53 16.55% 1.97 7.01% 8.83 5.90 6.09 6.07 12.60% 8.36% 11.66 4.49 32.34% 7.88 7.09% 169.96 3.00 14

12.60%

rth Book Value per Share (BVPS) (in Rs.) 1.53 16.55% 1.97 7.01% 8.83 5.90 6.09 6.07 12.60% 8.36% 11.66 4.49 32.34% 7.88 7.09% 169.96 3.00 14.08% 2.55 9.32% 8.43 6.75 6.

“This Park will be developed as a part of prestigious 30GW RE Park planned near International Border in Great Rann of Kutch.”

“Ministry of New & Renewable Energy (MNRE) has approved entire RE park under Ultra Mega Renewable Energy Power Project (UMREPP) Mode-8 to avail benefit of Central Financial Assistance (CFA).”

“The entire RE Park capacity is expected to be completed by December, 2026 7 Future Growth Plans • 600MW Solar Power Project at Khavda The Company had successfully bid for 600 MW Solar Power Project under Green shoe option of Gujarat Urja Vikas Nigam Limited (GUVNL) Tender & subsequently the Company has received the Letter of Intent (LoI) for the project from GUVNL in the month of May, 2023.”

“Tata Consulting Engineers as Project Management Consultant and basic engineering and tendering activities have been initiated.”

“2.73 per unit on 11.08.2023 • 500MW Solar Power Project at Khavda The Company has signed the Power Purchase Agreement (PPA) with GUVNL at a tariff of Rs.”

Surat Lignite Power Plant

1

Surat Lignite Power Plant

Village: Nani Naroli, Tal. Mangrol, Dist: Surat 394110 Gujarat, INDIA Phone: EPABX (02629) 261063 to 261072 Fax: 261080 Email: genslpp@gipcl.com Website: www.gipcl.com Registered Office Post: Ranoli - 391 350 Dist.: Vadodara, Gujarat, India CIN : L99999GJ1985PLC007868 | Website: www.gipcl.com 1 Board of Directors Shri A K Rakesh, IAS - Chairman (Nominee of Government of Gujarat) Shri Jai Prakash Shivahare, IAS - Director (Nominee of Gujarat Urja Vikas Nigam Limited) Shri Swaroop P, IAS - Director (Nominee of Gujarat Alkalies and Chemicals Limited) Shri K M Bhimajiyani, IAS - Additional Director (Nominee of Government of Gujarat) Shri N N Misra - Independent Director Shri Prabhat Singh - Independent Director Shri Nitin Chandrashanker Shukla - Independent Director Dr. Ravindra Harshadrai Dholakia - Independent Director Dr. Mamata Biswal - Independent Director Smt. Vatsala Vasudeva, IAS - Managing Director 2 Key Managerial Personnel Shri K K Bhatt - Chief General Manager (Finance, I/c HR&