Essar Bulk Terminal Limited, Hazira

World Class Port Infrastructure Media Presentation – 25th July 2016

Shipping

• 1.8 mn tons dwt shipping capacity, fleet of 15 ships, oilfield services capability with

16 rigs

BPO

• 40,000+ employees and 300+ clients in 40+ Aegis locations across 9 countries

Mobile

• Telecom retail (~500 The Mobile Store outlets) and digital payments (The Mobile

Wallet)

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Essar Overview – Portfolio of Assets Investment in excess of US$17 bn since 2008

ENERGY

METALS & MINING

INFRASTRUCTURE

SERVICES

Oil & Gas

• #2 largest single location refineries and growing retail presence in India & UK

• 29 MTPA refining capacity, 1,700+ retail outlets, 10 TCF coalbed methane

resources

Power

• Among top five private power producers in India

• 4,675 MW commissioned power generation capacity increasing to 6,100MW

Resources

• 2 bn tonnes of iron ore resources

• 27 MTPA of pellet making capacity (7 in Minnesota USA, 20 in Eastern India)

Steel

• #2 largest single site flat steel producer in India, #4 largest single site globally

• 14 MTPA steel making capacity (10 in India, 4 in Canada), 4 MTPA distribution

capacity

Ports

• #2 largest private ports and terminals business in India

• 120 MTPA operational capacity at 5 strategic locations; 194 MTPA planned capacity

Projects

• #3 largest EPC company in India, #2 largest equipment bank in India

• $ 2bn+ order book, 40 year track record and global operations

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FINANCIALS

GROWTH

• $12 bn EQUITY / $8 bn invested in portfolio companies in India

• $14 bn DEBT / much lower than peers on per unit basis

• $20 bn INVESTMENT / 3% of India’s capital expenditure (~$600 bn)

• $27 bn REVENUE / 1.3% of India’s GDP ($2,006Bn)

Essar – Financials & Growth

• REVENUE

20 fold in the last 10 years

• ASSETS

6 fold in the last 10 years

• EBITDA

6 fold in the last 10 years

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Essar Ports Business Overview

Operational Assets

• 58 MMTPA Liquid Terminal at Vadinar

• 30 MMTPA Dry Bulk / General Cargo Terminal at Hazira

• 16 MMTPA Dry Bulk Terminal at Paradip

• 16 MMTPA Iron Ore Berths at Vizag

• 20 MMTPA Dry Bulk Terminal at Salaya

• Tankage Terminal at Stanlow

• 10 MMTPA Dry Bulk Terminal at Algoma

Under Constructio

n

• 16 MMTPA Iron Ore Berths at Vizag

• 20 MMTPA General Cargo Terminal at Hazira

Under Developme

nt

• 10+10 MMT Coal Terminal at Beira, Mozambique

• LNG Project at Hazira

• 2nd SBM and additional Jetties at Vadinar

• 18 MTPA Coal Terminal at Paradip

Presence in strategic locations of east and west coast of India , with bulk of the investments in the key state of Gujarat

High operating margins at operating ports. Further scalability possible at most locations

Current capacity of 150 MMTPA to be scaled up to 214 MMTPA by 2018 and potential to expand to 350 MMTPA by 2025

Vadina

r

Hazir

a

Salay

a

Paradip Iron

Ore

Paradip

Coal

Visakhapatnam

Essar

Port

Hinterlan

d

Bay of Bengal

INDIAN

OCEAN

Arabian Sea

• Capacity : Existing capacity of 30 MMTPA being expanded to 50 MMTPA

• Berth length: 550 m being expanded by further 1100 m. Increases berth length to 1650 m

• Investment : Existing investment of Rs 2400 cr going up to Rs 3200 cr

• Channel: 8.8 km long and 300 m wide, created through dredging

• Draft/Depth at port : 14 metres enabling direct berthing of cape size vessels

• Mechanization : Three gantry ship unloaders; Berth discharge rate of 80,000 tonnes per day

• Connectivity

• Road – Connected to National Highway 6

• Rail – To be developed as Joint Venture; Essar (37%), Adani (37%) and GIDC (26%)

• Expected project cost for rail connectivity by Joint venture : Rs 1000 cr

• Will connects to proposed DFC and the existing Mumbai – Delhi line (43 Km)

Hazira Port Infrastructure Overview

Infrastructure

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Hazira Port Infrastructure

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Fact Sheet

Key Feature All weather, deep-water port with high

mechanization

Cargo

Dry Bulk cargo

Iron ore

Coal, Coke

Limestone, Dolomite etc,

Break bulk cargo

Finished steel

Project cargo

Liquid Cargo

Containers

Anchor

Customer

10 MMTPA Essar Steel Plant requiring port

offtake of 30 MMTPA

Hinterland

Within industrial belt of Gujarat

Strategically located to serve demand of the

landlocked northern and north-western

regions of India

Operational

experience

Port operated as lighterage jetty catering to

small barges since 1992

Upgraded as deep draft mechanization port

commencing the current operations from May

2010

Scalability Port can be developed as 5 km long jetty with

capacity of 150 MMTPA

Strategically located to cater to land locked

North West India

Hazira

Hazira

INDIA

INDIAN

OCEAN

Hinterland

for Emerald

Ports

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May 2010

COD Achieved.

53,000 DWT

Carrier serviced

Sep 2010

136,608

MT Cape

Size

berthed

March

2011

151,400

DWT

vessel

berthed

Feb 2014

India’s largest

vessel with

175,000 DWT

berthed

2.4

4.4

Q1 FY 16 Q1 FY 17

EBTL Traffic (MMT)

12.7

24

FY 16 FY 17

EBTL Traffic - yearwise (MMT)

Operational Performance Update

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Cargo handling for Q1 FY17 was at 4.4 MMT as against 2.4 MMT during the corresponding

quarter of previous year. An increase of 83%

Estimated cargo handling for FY17 is 24 MMT which will be approx. 89% increase for FY16

Cargo growth backed by ramp up of production by Essar Steel plant

Further, EBTL expects to ramp up third party cargo since it has received GMB permission to

handle 15 Million MT of Commercial Cargo.

EBITDA margin consistently above 70% due to high mechanization and low manual intervention

89 % 83 %

E

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Expansion Project - 1100M Berth Expansion

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Undergoing expansion of 1100m of berth by EBTL increases the port capacity from existing 30 MMTPA to 50

MMTPA

Current Berth length of 550m upon expansion by another 1100m takes overall berth length to 1650m

Expansion project work is in full swing and is expected to be completed by December 2016

Post Expansion, 6-7 ships of bulk and break bulk cargo can be simultaneously handled

Additional yard is being be developed as part of project will help cater to increased cargo from Essar Steel and

third parties

The expansion project will help cater to Traffic ramp up estimated at 35 MMT by FY 2020.

Total investment in the expansion project is Rs 800 crore

Coupled with existing investment of Rs 2400 crores, the total investment in Hazira port is approx. Rs 3,200

crores

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Awards and Accomplishments

1 • Winner – Rashtra Vibushan award for exemplary track record for health and safety for the workers

2 • Winner – Gold award for Safety performance by Greentech Foundation

3 • Awards from Lloyds List Middle East, Gujarat Star Awards 2012

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• Gold Award for Occupational Health & Safety from The Royal Society for Prevention of Accidents (RoSPA) – UK

5 • Gujarat Junction – Port / Terminal of the year for Health and Safety Performance

6 • 3rd Annual CSR Award 2014 conferred by Greentech Foundation

7 • Best Coal Port Performer of the Year 2012 during 6th Indian Coal Markets Conference

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8.8 Km Channel with 14 m draft - ~ 80 Mn Cubic m dredged

Port located at the mouth of river Tapi has achieved 14m draft due to the best-in class engineering

efforts by Essar. Total of 80 Mn Cu.m has been dredged till date making it one of the largest

dredging efforts in the country 9

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High Mechanization resulting in 80,000 tonnes discharge per day per vessel

Three ship unloaders of 2500 TPH each can discharge approximately 80,000 tonnes per day

resulting in turn around time of 24-36 hours for cape size vessels 10

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Master Plan for Hazira Port Development

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Hazira Port can be developed as 5 km long berth with approx. 150 MMT capacity. Post 1100m

expansion project, 7 vessels can be handled at the port simultaneously

Cargo handling

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Finished Steel Handling Bulk cargo handling

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Best in class cargo handling standards

Pipes Stack in the Hold Project Cargo

Steel Coils loading Loaded STC Plate in a Vessel Hold

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1100 m Berth Construction Activities

Deck Concrete Pouring

Pile Muffing Preparation Pile Reinforcement Cage

Precast Slab Construction

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