CESC Limited Powering India since 1899 January 2014

www.cesc.co.in

1 1 RP- Sanjiv Goenka Group

Power & Media & IT & Natural Carbon Black Retail Infrastructure Entertainment Education Resources

2 RP- Sanjiv Goenka Group – Business Sectors Business Sectors Companies

Power & Natural CESC - 4th largest Private Power Utility Resources Noida Power *- Private Discom in Noida Integrated Coal Mining * - Pioneer in private sector Coal Mining Retail Retail 10% Harrisons Malayalam – Largest Plantation company in South India

IT & Education Spencer`s Retail *- Pioneer in Carbon Black 19% Asset base Power & Natural organized food retailing in India Rs. 25,000 crs+ Reources 51% Phillips Carbon Black - Largest in Infratructure India & 8th largest in world Carbon Black 19% CESC Properties*- Showcasing East India’s 1st Specialty Mall Media & Media & Entertainment Saregama India - Biggest collection Entertainment 1% of Indian Music Open* – Weekly current affairs magazine IT & Education Firstsource Solutions - Among the top 3 pure play BPO companies in India 3 * unlisted Financials of RP- Sanjiv Goenka Group companies (Rs. bn )

Gross EBIDTA Net Profit Current Promoter Institutional Revenues (FY`13) (FY`13) Market cap* Holding Holding (FY`13)

CESC 53.20 14.20 6.18 55.00 52% 39%

Firstsource Solutions 28.20 2.80 1.47 14.00 57% 22%

Phillips Carbon Black 22.80 1.10 (0.20) 2.10 52% 21%

Spencer`s Retail 13.50 (0.78) (2.10) - 100% -

Noida Power Company 8.00 2.73 1.33 - 73% -

Saregama India 1.75 0.28 0.11 1.40 55% 24%

Harrisons Malayalam 3.47 0.25 0.02 1.00 50% 5%

Integrated Coal Mining 3.70 0.36 0.22 - 100% -

Crescent Power 1.24 0.62 0.20 - 100% -

4 CESC Snapshot • 4 thermal plants – Installed capacity of 1225 MW Generation • Meeting peak system demand of 1900 MW

• Distribution Licensee for & - 567 sq.km area, 2.7 Distribution mn consumers, 19500 ckt km T&D network , T&D loss 12%

• Coal mining of 3 MTPA via associate company meets 50% of coal Coal requirement

• Pursuing Organized retailing via Spencer`s Retail Retail • PAN India presence with 1 mn sqft and 130+ stores SPV`s • Risk free annuity income generating asset - Inaugurated “Quest”, Real Estate Eastern India`s first Luxury mall in Kolkata

• Two IPPs of 600 MW each under construction in Haldia & IPPs Chandrapur. Generation capacity to double by 2014

• Recently acquired Fisrtsource Solutions Ltd Technology • Among the top 3 pure play BPO companies in India

5 6 Operating performance:

Sales (MU) * Revenue (Rs. bn)

8577 53.17 8135 8270 46.69 41.72 7595 7206 32.00 34.49 6948 29.30

FY'08 FY'09 FY'10 FY`11 FY'12 FY'13 FY'08 FY'09 FY'10 FY`11 FY`12 FY`13

No. Of Consumers (Lakhs) PLF%(excluding peaking Station)

27.02 97% 97% 25.86 93% 24.89 88% 86% 23.84 85% 22.94 22.08

FY'08 FY'09 FY'10 FY`11 FY`12 FY`13 FY'08 FY'09 FY'10 FY`11 FY'12 FY'13 7 Profitability

PBT (Rs. Bn) Debt / Equity Ratio

7.73 6.93 6.14 5.22 4.65 4.03

FY'08 FY'09 FY'10 FY`11 FY'12 FY'13

EPS (Rs.) Dividend History

45 50 70% 39 35 33 50% 30 40% 35% 25%

FY'08 FY'09 FY'10 FY`11 FY'12 FY'13 FY'06 FY'07 FY`11 FY'12 FY'13

8 Growth plans

Coal & Gas based IPPs on a PAN India basis

Portfolio of Renewable projects (Solar, Wind, Hydro and MSW)

Privatization of Distribution Franchisee

9 600 MW Chandrapur TPP, Maharashtra

 First Independent Power Plant (IPP) of CESC

 Being set up in Chandrapur, near Nagpur

 2x300 MW configuration

 Project cost of Rs. 3500 crs funded at 75:25 debt equity ratio

 Coal linkage available from CIL

 BTG supplied by Shanghai Electric , China

 BoP undertaken by Punj Lloyd

 Long Term PPA for 100 MW signed with TANGEDCO

 First unit synchro