NORINCO Intl Thatta Power iL 0 it SCHEDULE I (Regulation 3(1)) FORM OF APPLICATION The Registrar National Electric Power Regulatory Authority Subject: Application for a Generation License Norinco International Thatta Power (Private) Limited 50MW I, Asad Alam Niazi, Chief Operation Officer (C00), being the duly authorized representative of Norinco International Thatta Power (Private) Limited by virtue of BOARD RESOLUTION dated February 18th, 2016, hereby apply to the National Electric Power Regulatory Authority for the grant of a GENERATION LICENCE to the Norinco International Thatta Power (Private) Limited pursuant to section 3(1) of the Regulation. of Generation, Transmission and Distribution of Electric Power Act, 1997. support attached with this application are prepared and I certify that the documents-in- submitted in conformity with the provisions of the National Electric Power Regulatory Authority Licensing (Application and Modification Procedure) Regulations, 1999, and undertake to abide by the terms and provisions of the above-said regulations. I further undertake and confirm that support is true and correct to the best the information provided in the attached documents-in- of my knowledge and belief. - (Rupees Three Hundred A Bank Draft 00037389 Dated 11-04-2016 in the sum of Rupees 352,800/ Fifty Two Thousand Eight Hundred Only) Our application submitted to your office for 100MW, However since the Grid Interconnection has been awarded for 50MW and Energy Department Government of Sindh split our LOI' s 2x50MW as our Fee may please be consider as 50MW and relevant (Rupees Two Hundred and Eighty Eight Thousand and Sixteen Only) of fee amount Rs. 288,016/- may please be charge or exceed payment, if any may kindly be refunded. , being the non-refundable license application fee calculated in accordance with Schedule II ation to the National Electric Power Regulatory Authority Licensing (Application and Modi Procedure) Regulations, 1999. coov is also attached herewith. NUPPt ; • Asad A Direct NORINCO International Thatta Power (PVT.) Limited 3ttallUtItt.tARI`T4 Suite No. 201, 2nd Floor, Horizon Vista, Block 4, Clifton, Karachi, Pakistan UAN: +92-21-111-111-275 PAM +92-21-35371833-34 Fax: +92-21-35371836 Email: [email protected] 14$1*.' " SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN COMPANY REGISTRATION OFFICE, KARACHI [Under section 32 of the Companies Ordinance, 1984 (XLVII of 1984)] Corporate Universal Identification No. 0097671 1 hereby certify that NORINCO INTERNATIONAL THATTA POWER (PVT.) LIMITED is this day incorporated under the Companies Ordinance, 1984 (XLVII of 1984) and that the company is limited by shares. Given under my hand at Karachi this Fourth day of February, Twolfhousaorr., and Sixteen. Incorporation-fee Rs. 62,000/= only (Muhammad Naeem Khan) joint Registrar / Acting In charge Karach i p V14"... NORINCO INTL THATTA POWER ■ Part 2 Extracts of the Meeting of the Board of Directors ■ ■ U NORINCO INTERNATIONAL THATTA POWER (PRIVATE) LIMITED Suite No. 201, rd Floor, Horizon Vista, Block 4, Clifton, Karachi, Pakistan Director: +92-2-35371189 Fax:+92-2 I -35371836 Email: norinco-powergqq.com NORINCO Intl Thatta Power Cl R-1; s n NORINCO INTERNATIONAL THATTA POWER (PRIVATE) LIMITED Suite No. 201, 2" Floor, Horizon Vista, Block 4, Clifton, Karachi, Pakistan EXTRACTS OF THE MEETING OF THE BOARD OF DIRECTORS OF I NORINCO INTERNATIONAL THATTA POWER (PRIVATE) LIMITED (THE "COMPANY") HELD ON FEBRUARY 18, 2016 AT THE REGISTERED OFFICE OF THE COMPANY RESOLVED THATMr. Liu Zhen be and is hereby appointed as the first Chief Executive Officer of the Company with effect from the date of incorporation of the Company until the first Annual General Meeting of the Company upon such terms and conditions as may be determined by the Board of Directors of the Company. RESOLVED THATMr. Ge Ling Xing be and is hereby appointed as the Company Secretary of the Company with effect from the date of this resolution, upon such terms and conditions as may be • determined by the Board of Directors of the Company. RESOLVED THATMr. Asad Alam Niazi be and is hereby appointed as the first Chief Operation Officer of the Company with effect from the date of incorporation of the Company upon such terms and conditions as may be determined by the Board of Directors of the Company. RESOLVED THATMr. Zhang Yi Zhi be and is hereby appointed as the first Deputy Chief Executive Officer of the Company with effect from the date of incorporation of the Company upon such terms and conditions as may be determined by the Board of Directors of the Company. • FURTHER RESOLVED THAT Mr Liu Zhen.in his capacity as the Chief Executive Officer of the Company, and Mr. Ge Ling Xing, in his capacity as the Secretary of the Company, and Mr Mad Alam Niazi in his capacity as the Chief Operation Officer of the Company, and Mr. Zhang Yi Zhi, in his capacity as the Deputy Chief Executive Officer of the Company, shall have all powers generally associated with the said offices for the running and day to day operations of the Company. FURTHER RESOLVED THAT the Company be and is hereby authorized to prepare, execute and file all necessary documents and to undertake and make all necessary arrangements to give effect to the resolution as set down above. • RESOLVED THAT Mr. Zhang Yi Zhi, in his capacity as the Deputy Chief Executive Officer of the Company, be and is hereby authorized to singly open bank accounts in the name of the Company with any branches of any bank for the day to day running and operations of the Company, including without limitation current accounts, savings accounts, deposits accounts, etc. FURTHER RESOLVED THAT Mr.Liu Zhen and /or Mr. Asad Alam Niazi, in their capacity os Directors of the Company, be and are hereby authorized to singly and / or jointly execute, sign and submit all such documents as may be necessary to give effect to the above mentioned resolutions. I FURTHER RESOLVED THAT that the Chief Executive officer be and is authorised to take all such steps as may be necessary to devise design and prepare the common seal of the Company. NORINCO International Thatta Power (PVT.) Limited lbMilkiPt4Egt5Rii..;f1 I Suite No. 201, 2nd Floor, Horizon Vista, Block 4, Clifton, Karachi, Pakistan UAN: +92-21-111-111-275 PABX: +92-21-35371833-34 Fax: +92-21-35371836 Email: [email protected] NORINCO Intl Thatta Power 5E,*ainf*tt,tt, NORINCO INTERNATIONAL THATTA POWER (PRIVATE) LIMITED Suite No. 201, ed Floor, Horizon Vista, Block 4, Clifton, Karachi, Pakistan Certified that the abovementioned is a true and valid extract from the Meeting of the Board of Directors of NORINCO INTERNATIONAL THATTA POWER (PRIVATE) LIMITED held on February 18, 2016. a Mr.Wang Xin Qing Chairman of Board Mr.AsadAlamNiazi 111 Director Mr. Wu Xiao Chuan Director Mr. Liu Then • Director DATED: February 18, 2016 a U NORINCO International Thatta Power (PVT.) Limited 1LFIg0#1,41:0.tViRit..;q- • Suite No. 201, 2nd Floor, Horizon Vista. Block 4, Clifton, Karachi, Pakistan UAN: +92-21-111-111-275 PABX: +92-21-35371833-34 Fax: +92-21-35371836 Email: [email protected] I IV".' NORINCO INTL THATTA POWIR R.* • liSICt A CERTIFIED TRUE COPY OF THE RESOLUTION PASSED BY THE BOARD OF DIRECTORS OF NORINCO INTERNATIONAL THATTA POWER (PVT.} LTD IN A MEETING HELD ON APRIL IS, 2016 I It was RESOLVED that Mr. Asad Alam Niazi be and is hereby appointed as Authorized Person of the company and do apply for license Generation application and Upfront Tariff Application from National Electric and Power Regulatory Authority (NEPRA) and related authorities for power generation and its distribution from the date of thr:, fic5olut;on. CERTIFY "! RUE COPY Li I ir, i• POWER PV _jr41ANY: SECRET;;;:. 4.11f;Wr, CON1PANY SECRIAARY I • NI ■MIN( 0 IN 11..RN ■I Hr'. 11 Ill I 11 P0V11.1.1 11'1411 I F.)11%11111) ',ufic Vn ?()I I /oil II .ii/g filock I ( I fii,i h:,rmhi pok i,r,,,, ■ )1,LO 71 I x'r 1 0, ').! “;-18 ■,, I rum' 1■,,,Frko-rx0Air 4y,l ,11111 I I NORINCO INTL THATTA POWER tt*I114*A I EXTRACT OF MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS HELD ON April 07, 2016 It was RESOLVED that Mr. Asad Alam Niazi be and is hereby appointed as Authorized Person of the Company for a all National Electric Power Regulatory Authority, NEPRA Matters from the date of this Resolution. 111 Director Wang Xinqing ■ Director ■Wu Xiaochuan 24,it 4, 7 Director Liu Zhen I U NoRiNcolntemdo, rho Resolution from President Meeting of Norinco International Cooperation Ltd. Reference : No. 18 Date: October 21,2015 The meeting was held by President Office of Norinco International Cooperation Ltd.. and presided by the Mr. President Wang Yuetao. The resolution of the meeting on the subject of investment for the Pakistan Thatta 100MW Wind Power Project is given as follows: 1. After introduction of the project and general discussion, Norinco International Cooperation Ltd decide to invest and develop the Thatta 100MW Wind Power Project in Karachi ,Sind Province of Pakistan, ■cooperating with the local partner AN Energy (Private) Limited. 2. The president meeting decide to form a joint venture project company, name as Norinco International Thatta Power(Private) Limited which is used to invest and develop the thatta I 00MW Wind Power Project, and Norinco International Cooperation Ltd will hold 90% ■share of the project company, the remaining 10% share will be held by AN Energy (Private) Limited. 3. The mode & structure of investment, total capacity of the Project as well as the wind turbine generator were also determined by the meeting. The budget for preliminary works on..aaspzpket development is also approved.