Inox Wind Limited

25%

: 122: 2021 The Secretary BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001 25% June, 2021 The Secretary National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla

rs,

e. These forward looking statements, which may include statements relating to future state of affairs, results of operations, financial condition, business prospects, plans and objectives, are based on t

Rs. 847

RE  FINANCIALS 3 OPERATIONAL HIGHLIGHTS Operations  The Company has recorded Gross Revenue of Rs. 847 Crs. for FY21 as compared to Rs.760 Crs. for FY20 resulting in an increase of ~ 12%. • Revenue of

Rs.760

IGHTS Operations  The Company has recorded Gross Revenue of Rs. 847 Crs. for FY21 as compared to Rs.760 Crs. for FY20 resulting in an increase of ~ 12%. • Revenue of Rs. 847 Crs includes Rs. 136 Crs, t

12%

Revenue of Rs. 847 Crs. for FY21 as compared to Rs.760 Crs. for FY20 resulting in an increase of ~ 12%. • Revenue of Rs. 847 Crs includes Rs. 136 Crs, towards supply to step down subsidiary Nani Viran

Rs. 136

red to Rs.760 Crs. for FY20 resulting in an increase of ~ 12%. • Revenue of Rs. 847 Crs includes Rs. 136 Crs, towards supply to step down subsidiary Nani Virani (SECI II SPV) which has got eliminated in t

80 MW

ing exceptional provision of ECL), as a result of ramp up in new supplies.  We have commissioned 80 MW during FY21, which includes commissioning for Continuum, Renew Power and certain retail customers.

324 MW

tomers.  We have multi year O&M agreements with customers. During the year, a significant volume (324 MW) was added to the paid O&M services, taking the revenue earning fleet to 1514 MW.  The foundatio

1514 MW

ignificant volume (324 MW) was added to the paid O&M services, taking the revenue earning fleet to 1514 MW.  The foundation work of the 3.3 MW turbine is complete and the supply chain is now in place for

3.3 MW

o the paid O&M services, taking the revenue earning fleet to 1514 MW.  The foundation work of the 3.3 MW turbine is complete and the supply chain is now in place for serial production. The first turbine

1324.7 MW

mercial production shall commence immediately thereafter.  Our consolidated order book stands at 1324.7 MW. 4 OPERATIONAL HIGHLIGHTS Operations  Execution of the Continuum project, Nani Virani (SECI I

100 MW

es is taking place progressively.  We have already achieved financial closure for un commissioned 100 MW of SECI SPVs with PFC. This will enable us to free up significant short term capital blocked in a

“The 3.3MW wind turbine will have a 146 meter rotor dia which will probably be the largest rotor dia in India and will be available in a host of hub heights which can be selected as per site conditions.”

“ Moreover, with the increase in the fleet size on the back of strong auction order inflow, we expect this revenue stream to pick up strongly in the coming years.”

“This also includes the project work in progress at sites which will be commissioned over the coming quarter(s).”

“Going ahead, we expect inventory levels to further come down as the execution picks up pace in the coming quarters.”

“As we ramp up supply and execution, we expect this to improve further.”

“• RPO target increased to 21% for FY22 for state discoms from 17% in FY19**.”

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

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

State auction

1

State auction

50MW Agreement signed with leading MNC IPP for 3.3 MW ( C) Order from Continuum Supplied Net order book (D) 23.1 250 (92) 158 Total (A+B+C+D) 1324.7 •Above order book will translate into revenues of ~Rs.7800 crores over the next ~ 24 months. 11 TECHNOLOGY  Inox Wind extends its existing 2MW product offering with the launch of the 3.3MW wind turbines which are ideally suited for low wind regimes in India. Technical Specification Rated power: 3300KW  The 3.3MW turbine is a globally operating proven platform which will further improve energy yields and reduce levelized cost of electricity. The 3.3MW wind turbine will have a 146 meter rotor dia which will probably be the largest rotor dia in India and will be available in a host of hub heights which can be selected as per site conditions. Drive Train : DF, 6 Pole Generator Turbine Design : AMSC, Austria Rotor diameter : 146m Tower construction type : Tubular Steel Cut-in wind speed (10 min mean) Vin : 2.9 m/s Rated wind speed (st