EnvironmentFirst“Let the Environment be your first Inspiration”

Registered Office: Environmentfirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)info@environmentfirst.in +91 731 6007860 www.environmentfirst.inOur Locations: Mumbai, Chennai, Ahmedabad, Jaipur, Panchkula Page 1

Result of Financial BID for 2000 MW Solar Power projects has been declared by Telangana StateSouthern Power

Long awaited result of 2000MW Solar Power project financial bid has been declared for the state ofTelangana. In total hundred and one companies participated in the BID for total 4991 MW capacityagainst the 2000 MW of desired installation capacity. Under Group one category total 144 BIDs werereceived with aggregate capacity of 1249 MW and under Group two category total 57 BIDs were receivedwith aggregate capacity of 3742. Hence Telangana 2000 MW Solar BID was a favorite BID of investorsdue to overwhelming response and subscription. The BID was 250% oversubscribed. The financial resultsof Group 1 and Group 2 are tabulated below. With this the price forecast by EnvironmentFirst EnergyServices Ltd. once again has matched actual results wherein the recommendation of INR 5.5 remainedamong winning bidders.

Group One

Company Name Capacity(MW) Tariff

SUZLON ENERGY LTD Project 1 15 5.4991

SUZLON ENERGY LTD Project 2 15 5.5171

SUZLON ENERGY LTD Project 3 15 5.5559

SATEC ENVIR ENGINEERING INDIA PRIVATELIMITED 8

5.58

SUZLON ENERGY LTD Project 4 15 5.5999

MYTRAH ENERGY INDIA LIMITED Project 5 15 5.6467

MYTRAH ENERGY INDIA LIMITED Project 6 15 5.6667

MYTRAH ENERGY INDIA LIMITED Project 1 8 5.6887

MYTRAH ENERGY INDIA LIMITED Project 7 15 5.7137

NARBHERAM VISHRAM 15 5.7249

MYTRAH ENERGY INDIA LIMITED Project 2 8 5.742

Acme Fazilka Project 1 15 5.7677

EnvironmentFirst“Let the Environment be your first Inspiration”

Registered Office: Environmentfirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)info@environmentfirst.in +91 731 6007860 www.environmentfirst.inOur Locations: Mumbai, Chennai, Ahmedabad, Jaipur, Panchkula Page 2

MYTRAH ENERGY INDIA LIMITED Project 4 11 5.7717

Acme Fazilka Project 2 15 5.7877

SOLARPACK CORPORACION TECNOLOGICA S.L.Project 2 15

5.7948

SOLARPACK CORPORACION TECNOLOGICA S.L.Project 6 15

5.7948

MYTRAH ENERGY INDIA LIMITED Project 9 15 5.8027

MYTRAH ENERGY INDIA LIMITED Project 10 15 5.8344

Acme Fazilka Project 3 15 5.8377

SOLARPACK CORPORACION TECNOLOGICA S.L.Project 1 15

5.8498

AJAYKUMAR RATILAL PATEL 2 5.85

Acme Fazilka Project 4 15 5.8677

MYTRAH ENERGY INDIA LIMITED Project 8 15 5.8727

Group 2

Company NameCapacity

(MW)Tariff

SKYPOWER SOUTHEAST ASIA I INVESTMENTS LTD. 50 5.1729

SKYPOWER SOUTHEAST ASIA II INVESTMENTS LTD. 50 5.26

SKYPOWER SOUTHEAST ASIA III INVESTMENTS LTD.Project 1 50

5.3497

SKYPOWER SOUTHEAST ASIA III INVESTMENTS LTD.Project 2 50

5.3719

MYTRAH ENERGY INDIA LIMITED Project 16 50 5.5644

SHAPOORJI PALLONJI INFRASTRUCTURE CAPITALCO. LTD 100

5.6336

EnvironmentFirst“Let the Environment be your first Inspiration”

Registered Office: Environmentfirst Energy Services (P) Ltd.; Prakrati Corporate, 405 – Block A; Y N Road, Indore – 452001 (M.P.)info@environmentfirst.in +91 731 6007860 www.environmentfirst.inOur Locations: Mumbai, Chennai, Ahmedabad, Jaipur, Panchkula Page 3

MYTRAH ENERGY INDIA LIMITED Project 16 50 5.6344

SUZLON ENERGY LTD Project 7 100 5.6449

ENERGON SOLEQ INDIA POWER RESOURCES PVTLTD Prject 1 50

5.665

ENERGON SOLEQ INDIA POWER RESOURCES PVTLTD Prject 2 50

5.6695

RENEW SOLAR POWER PRIVATE LIMITED Project 1 150 5.67

MYTRAH ENERGY INDIA LIMITED Project 18 50 5.6844

SUZLON ENERGY LTD Project 6 50 5.6989

Acme Fazilka Project 11 50 5.7377

Acme Fazilka Project 12 50 5.7677

Acme Fazilka Project 10 45 5.7777

SHAPOORJI PALLONJI ENERGY GUJARAT PRIVATELIMITE 50

5.7888

Acme Fazilka Project 8 30 5.8377

ACME SOLAR POWER TECHNOLOGY PVT LTD Project1 50

5.8377

MAHINDRA EPC SERVICES PRIVATE LIMITED Project 1 50 5.8387

RENEW SOLAR POWER PRIVATE LIMITED Project 2 100 5.87

SUNE SOLAR B.V.(Sunedison) Project 25 48 5.8778

HERO SOLAR ENERGY PRIVATE LIMITED Project 1 50 5.8786

RENEW SOLAR POWER PRIVATE LIMITED Project 4 50 5.88

MAHINDRA EPC SERVICES PRIVATE LIMITED Project 2 50 5.887

Acme Fazilka Project 9 30 5.8877