GLOBAL INFRASYS (P) LTD.
&
ASIA CONSULTING GROUP (P) LTD.
FIRM OVERVIEW
&
GLOBAL STRATEGY SERVICES
POWER & ENERGY
Vision
To be the World's Leading Global Strategic Advisor to the Power, Energy & Infrastructure Industries.
Mission
To Empower Clients with the Ultimate Competitive Advantage & Investment Decision Analysis
through Superior Strategic Planning, Forecasting, Risk Evaluation Services and Information Technology Solutions.
query.gis.acg@gmail.com www.globalinfrasys.com Version
www.acg-asia.com 112009
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 1 GIS-ACG Global Strategy Services: Power & Energy

GLOBAL INFRASYS (P) LTD.
&
ASIA CONSULTING GROUP (P) LTD.
FIRM OVERVIEW
&
GLOBAL STRATEGY SERVICES
POWER & ENERGY
FIRM OVERVIEW
GLOBAL STRATEGY SERVICES
STRATEGIC SYSTEMS & SIMULATORS
COUNTRY & ASSET STUDIES
KNOWLEDGE MANAGEMENT SYSTEMS
VISION & MANAGEMENT
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 2 GIS-ACG Global Strategy Services: Power & Energy

Global InfraSys & Asia Consulting Group
GIS-ACG has established a reputation for consulting excellence and meeting the strategy challenge in the complex
and rapidly evolving Asian and Global infrastructure markets. GIS-ACG professionals have experience in over 300
projects in Infrastructure including Power, Energy (Oil & Gas), Transport and Emissions.
GIS-ACG integrates advanced technical, market, and industry knowledge with sophisticated business strategy skills
and ITES (IT Enabled Systems) to provide superior consulting services in global infrastructure markets & projects.
• Asia Consulting Group (ACG) was founded in 1994 by a group of Asian expatriate & American consultants working
with top consulting firms in the United States & Europe under the Chairmanship of Mr. S.C. Ho, who was also the
Chairman of CIDC (China Investment Development Corporation). It has assessed the Power & Energy markets of 45
countries in Asia. Its' clients include global Power & Energy companies & financial institutions including the World Bank.
• Global InfraSys (GIS) was launched in 2002 under the Chairmanship of Mr. Nasser Munjee, who is also the Chairman
of DCB (Development Credit Bank) & the former MD of IDFC (Infrastructure Development Finance Co.) The GIS vision
is to advise clients on global infrastructure strategies across 195 countries and nearly 70 territories.
• The combined firm is referred to as Global InfraSys or GIS-ACG. The firm has its primary offices in New Delhi &
Gurgaon, India. Mr. Vishvjeet Kanwarpal has been the CEO & MD of both firms since their incorporation.
• GIS-ACG possesses expertise in a wide range of infrastructure sectors including Power & Energy, Transportation,
Environment & Emissions, Telecommunication & Technology Transfer. The academic background of ACG partners is in
business, engineering, finance, and law from MIT (Massachusetts Institute of Technology), Harvard & London School of
Economics.
• GIS-ACG plans to grow to over 250 Professionals worldwide in the near to medium term. This includes Project
Managers, Consultants, Analysts, Strategic Systems Managers, Knowledge Managers and Advisors.
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 3 GIS-ACG Global Strategy Services: Power & Energy

Clients: Global Power & Energy Leaders
GIS-ACG clients include top Global Corporations in Power & Energy. GIS-ACG has allied with leading industry &
strategy consulting players on key projects. Its participation in International Conferences & the Press is unparalleled.
Multi-Client Studies Clients (RFP Qualified) Industry Press Articles/Quotes Conference Presentations
South Asia Power & Energy Study AES Reuters PG Power Gen Asia '95
PG Power Gen Americas '95
Asia Power 2000 Study Boston Pacific Dow Jones Newswire PG Power Gen Asia '96
IBF Independent E. NY '96
Asia Power Risk Workshop EPON AP (Associated Press) CII National Conference '96
CBI In. Fin. NY Jan'97
South Asia Gas Study Fluor Daniel Petroleum Argus AIC Asia Power Feb'97
CBI IPP India DC Mar'97
India KG Gas Study GEC Alsthom COOSP Cogen Onsite Power PGA - Power Sing Sept97
IBC - MEGas Dubai Oct97
India Hydrocarbon Vision 2025 Gujarat Ambuja World Cogeneration AIC - Proj. Risk Sing Dec97
AIC Asia Power Sing Feb '98
Asian Energy Infrastructure Gujarat Torrent Power Engineering Int. IBC - LNG Risk WS KLApr '98
PG Asia Delhi '98
IL & FS Asian Energy IBC MEGAS Abu Dhabi Oct'98
IBC MEGAS '98
Clients (Power - Gas - LNG) Jubilant Enpro Asian Power AIC Singapore 1999
MEGAS '99 Lebanon 1999
British Gas Panda Energy The Observer PGA'99 Present FF Ver 1999
PGI 99 New Orleans 1999
Caltex PowerGen Independent Energy TERI - IDFC Delhi 1999
ABF Power in Asia Mar 2000
Chevron Reliance Powerline AIC Singapore 2000
IBC MEGAS Qatar 2000
ElectroGen Repsol Business India TERI Conference 2000
PL Fut Indian Power 4 Apr00
Escorts Skoda Business Standard ABF Asia Power Sing Nov 01
FICCI LNG 27 June 01
GAIL Solar Turbines TeleNet IBC MEGAS Qatar 01
NTPC 7 May 01
GDF Gaz de France Zeigler Coal Al-Khaleej NTPC 4 Jun 01
PGA Malaysia 2001
GMR Group Gulf Times PL Gas New Delhi Nov 01
Project Based Alliances Winrock New Delhi 2001
Hitachi Terrapin Sing Asia Power 01
Asia Power 2002 Feb 4-7
IDFC EDF NTPC Power Feb 11
ABF Malaysia Pwr Apr 15-16
IRG Bechtel IBC MEGAS Oman Apr 21-22
ABF China Power May 20-21
J-Power EPDC CERA NTPC PMI July 24, 2002
PowerGen Asia Oct 2-4
Marathon Oil D&T ASEAN E. Thailand 21-22 Oct
ABF Malaysia 30-31 Oct
Mobil Cooperation: Winrock Cogen 24-26 Oct
MEGAS Iran 29-30 Oct 02
PSEG AT Kearney NTPC Noida Jan 6 03
IBCO&GP Amst Feb 27-28 03
Shell Goldman Sachs Mumbai IBC Mar 24-25 03
ABF Shanghai Apr 14-16 03
Singapore Power Morgan Stanley FICCI India Oil Scenario
IBC Qatar Sep 03
Tata Group Sumitomo Bank Power Gen Asia Sep 03
Terrapin Korea Sep 03
Tenaga Nasional Pro Bono Studies BCCI Mumbai Sep 03
Asia Power Malaysia Oct 03
Unocal FICCI Asia Gas Buyers 2-3Feb04
FICCI Seminar Environment
USAID CII IPPAI Power Trade 27 Apr04
10th Megas Dubai 27-30Nov04
Winrock Assocham Iran Gas India 15-16 Dec 04
CGES London 28-29 June 05
World Bank US Embassy PG Asia 2005 Singapore
Iran Gas India Sep 05
Qatar 19-21 Feb 06
Power Ministry
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 4 GIS-ACG Global Strategy Services: Power & Energy

Expertise: Infrastructure Sectors
GIS-ACG expertise includes Power, Oil, Gas, Transport & Emissions. These are dynamically linked Infrastructure Sectors.
Distribution
Power Transmission
Power
Emissions
&
Carbon Trading
Convergence
Shipping
Oil
Energy &
Gas
E&P Pipelines
Refineries
& Product
LNG
Automotive
Transport
Coal &
Lignite Railways
Emissions
Oil
Telecom
Wireless Wires Gas
Power
Water Transport
Water Pipelines
Economic & Political-Policy
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 5 GIS-ACG Global Strategy Services: Power & Energy

GIS-ACG Strategic Services
GIS-ACG provides the entire range of Corporate Strategy, Business Development & Project Evaluation Services.
Orientation Workshops Corporate Strategy Regulatory & Policy Impact
• Executive Briefing • Vision Development • Dynamics of
• Market Dynamics • Business Models Regulatory Development
• Industry Structure Shifts • Scenario Simulation • Role of Government
• Fundamental Analysis • Sector Portfolio • Policy Issues
• Forecasts & Trends Optimization • Policy Levers
• Future Outlooks - Power • Subsidy & Impact
- Energy
Business Plans Competitor Benchmarking Opportunity Benchmarking
• Investment Plans • Key Players & Profiles • Economic Modeling
• Investment Timelines • Comprehensive Parameters • Project Databases
• RoI Assessment • Analytical Frameworks - Tracking
• Opportunity Criteria: • Technology Evolution - Rating
- Country • Cost & Price Dynamics - Ranking
- State • SWOT Analysis
- Project
Market Studies & Strategy Portfolio Strategy Valuation: Risk & Returns
• Strategy Development: • Options • Segments:
- Regional • Risk Mitigation - Company
- Country • Portfolio Optimization - Portfolio
- State - Asset
• Risk Mitigation Strategies • Feasibility & Risk
• Commercial Due-Diligence
• Financial Closure Support
Scenario Simulation & War Gaming Across all Segments
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 6 GIS-ACG Global Strategy Services: Power & Energy

GIS-ACG Strategic Services Value Proposal
GIS-ACG provides Clients an Unrivalled Integrated Strategic Services to realize their Business Vision & Objectives.
Industry Insight Stock Value Compliance
• To Empower Client • To Position Clients with a • To Provide Clients with
Strategy Executives with Vision & Business Models in-depth Comprehension of
Comprehensive Knowledge, that will Maximize Client Regulatory & Policy
Understanding & an Stock Value through: Dynamics to enable Clients
• Executive Briefing
• Market Dynamics
Integrated Perspective of • Vision Development
• Business Models
Superior: • Dynamics of
Regulatory Development
to accurately Assess &
• Industry Structure Shifts
• Fundamental Analysis
Industry Dynamics though: • Scenario Simulation
• Sector Portfolio
Corporate Strategy • Role of Government
• Policy Issues
Incorporate:
• Forecasts & Trends
• Future Outlooks
Orientation Workshops Optimization
- Power
• Policy Levers
• Subsidy & Impact
Regulatory & Policy Impact
- Energy
Profitability Leadership Advantage
• To Assist Clients in • To Provide critical SWOT • To Leverage the GIS-ACG
Maximizing Return on analysis of Client & Key Advanced Project Tracking
Investment though Players to empower clients to RDBMS System to enable
sophisticated Strategic Tools capture and maintain a Lead in-depth assessments of
• Investment Plans
• Investment Timelines
& Analysis to produce a • Key Players & Profiles Role in Industry via • Economic Modeling Asset &
• Comprehensive Parameters • Project Databases
• RoI Assessment
• Opportunity Criteria:
powerful: • Analytical Frameworks high-value: - Tracking Opportunity Benchmarking
• Technology Evolution - Rating
- Country
- State
Business Plan • Cost & Price Dynamics Competitor Benchmarking - Ranking
• SWOT Analysis
- Project
Strategic Superiority Value Maximization Risk Minimization
• To Develop Fact-Based • To Optimize the Value of • To Ensure the Safety of
Implementable Global, Client Investment & Assets Client Investment by
Regional, Country & State through a S.M.A.R.T. and conducting Rigorous and
Market Studies & Strategy Balanced Market Fundamentals based
• Strategy Development:
- Regional
• Options
• Risk Mitigation
Portfolio Strategy • Segments:
- Company
Valuation: Risk & Returns
- Country • Portfolio Optimization - Portfolio
- State - Asset
• Risk Mitigation Strategies • Feasibility & Risk
• Commercial Due-Diligence
• Financial Closure Support
Scenario Simulation & War Gaming Across all Segments
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 7 GIS-ACG Global Strategy Services: Power & Energy

GLOBAL INFRASYS (P) LTD.
&
ASIA CONSULTING GROUP (P) LTD.
FIRM OVERVIEW
&
GLOBAL STRATEGY SERVICES
POWER & ENERGY
FIRM OVERVIEW
GLOBAL STRATEGY SERVICES
STRATEGIC SYSTEMS & SIMULATORS
COUNTRY & ASSET STUDIES
KNOWLEDGE MANAGEMENT SYSTEMS
VISION & MANAGEMENT
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 8 GIS-ACG Global Strategy Services: Power & Energy

GIS-ACG Strategic Service: Global Scope
GIS-ACG conducts Market Studies & develops Business Plans on Country, Region & Global levels.
These include 5-Year Business Plans, Annual Strategic Reviews & Strategic Update across 195 Countries & 7 Continents
†.
* In June 2008 GIS-ACG completed its 11 Years of Power & Energy R&D across 195 Countries.
North America Europe CIS & Eastern Europe
7 Continents Asia & Oceania
195 Countries
70 Territories
South America Africa Middle East
† Each continent is further segmented into * GIS-ACG Global Power & Energy R&D
Regions based on Regional, Economic, South Asia - 1995-1996 - (2 Years)
Geographic or Historical Association. Rest of Asia - 1997-2000 - (4 Years)
Rest of World - 2003-2008 - (5 Years)
3000 Km Total R&D - 11 Years
3000 M
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 9 GIS-ACG Global Strategy Services: Power & Energy

Investment Advisory: Country & State Rating
GIS-ACG evaluates & screens potential investment countries & states via a rigorous multi-parameter rating and ranking
System. The methodology is customized to client strategic & investment criteria. It systematically assesses the relative
attractiveness of potential investment geographies and ranks target investment markets.
Weight Allocation To Major Categories Weight Allocation To Sub-Parameters
% Category Sub-Parameter
Utility Restructuring Utility Reform Initiative 100
10% 25%
90
80
70
Regulatory Factors 60
20%
50
40
30
Country Parameters Utility Financials 20
20% 25%
10
0
Sub-Parameters
Details Installation of Transformers, substations Penalties Operating Cost To Total Cost Fiscal Deficit To SDP Tariff Rationalization: Industrial
Upgradation of T&D Utility Buyback Days Payable Policy Stability Tariff Pronouncement
Extent of Metering for Industry RoR Without Subsidy Interest Coverage Ratio Reform Status TOD Tariff
Extent of Metering for Households Revenue Realization To Total Cost Interest rate on Market Borrowings Reform Time Frame Metering
Extent of Metering for Agriculture Collection Efficiency Days Receivable Political Stability Residential
Wheeling Current Ratio State guarantees to State Budge % Industrial growth Status
Third Party Sales Debt-Service Coverage Ratio Power Subsidy To Agriculture to State Budget (%) GDP Growth Rate Time Frame
Banking RoR To Sales Revenue Political Interference in Tariff Rationalization Per Capita Income Distribution Privatization
Time Frame Subsidy To Sales Revenue No. of opposition events to of reform initiatives Agriculture Growth Rate Unbundling Status
Billing Efficiency % of government loans written-off Political interference to SERC functioning Cross-subsidy To Sales Revenue Asset Sales: R&M/O&M
IT Infrastructure Debt-Equity Ratio Share of Power Sector in Total Outlay Tariff Rationalization : Agriculture Studies Completed
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 10 GIS-ACG Global Strategy Services: Power & Energy

Regulatory Studies & Impact Assessment
GIS-ACG conducts Global Regulatory Reform Studies to benchmark the pace of country reform and provide strategic
support to Regulators in identifying best-practices and their incorporation into a country's Regulatory Framework.
GIS-ACG also evaluates the net impact of Regulatory developments on Power & Energy opportunities.
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 11 GIS-ACG Global Strategy Services: Power & Energy

7 Levels of Country & Asset Due-Diligence
GIS-ACG conducts 7 Levels of Standardized Country Market Assessment &
Project Asset Due-Diligence across all the 195 Countries on the planet.
Systems Studies
Market Strategic Systems 7 Levels of Country & Asset Assessment
=∑
Merchant Project Simulators
=∑
National Master Plans
=∑
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 12 GIS-ACG Global Strategy Services: Power & Energy

7 Levels: Sequence & Strategic Value
The 7 Levels of Country Market Assessment & Project Asset Due-Diligence are Sequential. They are in increasing order
of Resolution, Complexity & Strategic Value. They provide clients the maximum flexibility in mandating assignments.
Level Title Detail Man-Days † Sequential Buildup
1 Country Market Assessment - Economic & Industry 30
(Standardized across 195 Countries) - Power
- Energy
2 Independent Demand Forecasts - Power 30
(Capacity, Generation, Base-Peak Load)
- Energy-Mix (Primary & By Sector)
- Energy Price & Power Input Cost
3 Supply Project Profiling & Rating - Profiling 30
Power & Energy Projects - Tracking
- Rating
4 Merit Order Dispatch (MoD) - Synthesis of 30
(System Dispatch Risk) Level 2 & 3 Assessments
5 Merit Order Payment (MoP) - Off-taker Financial Modeling 30
- Project Financial Risk -
50
6 Gas-Power Assessment & Strategy - Spark-Spread 30
- Gas Market Aggregation
- Gas-Power Asset Optimization
7 Power Asset Valuation - Contract vs. Merchant Cash Flow & IRR 30
Energy Asset Valuation - Valuation: Development / Buy-In -
- Positioning: Dilution / Exit 50
210-250
† Range: +/- 10 Days
† Exceptions: USA, India, China, Australia (Selected Large Multi-State/Region Nations) Synthesis, Modeling & Simulation
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 13 GIS-ACG Global Strategy Services: Power & Energy

GLOBAL INFRASYS (P) LTD.
&
ASIA CONSULTING GROUP (P) LTD.
FIRM OVERVIEW
&
GLOBAL STRATEGY SERVICES
POWER & ENERGY
FIRM OVERVIEW
GLOBAL STRATEGY SERVICES
STRATEGIC SYSTEMS & SIMULATORS
COUNTRY & ASSET STUDIES
KNOWLEDGE MANAGEMENT SYSTEMS
VISION & MANAGEMENT
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 14 GIS-ACG Global Strategy Services: Power & Energy

Strategic Services & Systems: A Paradigm Shift
GIS-ACG provides clients the highest value by migrating from Strategic Studies to 3 Strategic Systems.
GIS-ACG Global Strategic Services & Systems are based on 5 Proprietary Global Models, 195 base National Master Plans,
3 Strategic Systems & 7 Levels of Country & Asset Assessment. These are powered by 11 Years of Comprehensive R&D.
5 Global Models 11 Years of R&D
* Emissions*
Carbon
Trading Oil
Gas
Power
Transport
Economic & Political-Policy =∑
=
7 Levels of
∑ Country & Asset Assessment
The 5 Global Models are based
on the aggregation of 195 base 3 Strategic Systems
National Master Plans.
195 National Master Plans Market Strategic Systems Merchant Project Simulators
=∑ =∑
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 15 GIS-ACG Global Strategy Services: Power & Energy

National Master Plans
GIS-ACG’s proprietary National Power, Energy, Transport & Emissions Models (N-PETE-Ms) drive long range
forecasting (50 Years) & scenario simulation. An N-PETE-M's primary application is in the development of client
market & project strategy as well as government policy planning & design. An N-PETE-M typically micro-models
and integrates over 90%+ of the physical infrastructure sectors and macro-models almost 80%+ of the economy.
National N-PETE-M Blueprint National Dynamic Development: Modularly
built & seamlessly integrated,
A Sterling Forecasting Supply Forecast Demand Forecast N-PETE-Ms are continuously
refined, expanded, and updated...
Track Record Iron & Steel
(Based on 100% To eliminate the standard modeling
GIS-ACG contrarian forecasts IPPs Industrial hazard - GIGO - the N-PETE-Ms
Tracking & Rating GIGO are powered by the constantly
based on N-PETE-Ms have Captive PPPs Agriculture 30 Industries updated GIS-ACG Power Track
of Projects) (Including (∑ 100 Databases)
consistently proved highly Cogeneration Commercial Small Scale) GIS-ACG N-PETE-Ms surpass the
accurate across: integrated methodology of the U.S.
Captive Supply Government Utilities Residential Sub-Models National Energy Modeling System of
• Electricity Demand Energy Information Administration
• Energy Demand Forecast Installed Base R&M Forex Limits Office of Integrated Analysis and
Traction Forecasting U.S. Department of
• LNG Potential Load & Energy (DoE)
• IPP & Energy Risk Standby Power Supply Demand Public Lighting Impact
IPP PPA Forex
• Captive Power Sustainability Revenue Forecast Sectoral Growth
• Mega Projects Forecast Electricity
Tariff Projections (+) (+) Trade Balance of Payments
• T&D Loss
Arrears, Charges, & Losses Power
Policy Power
PPA Obligations ∑ Utility Economy
Scope Investment Energy
Investment Plans (-) (National)
(-) Infrastructure Transport
• Historical
(1950-Present) Telecom
Budgetary Support Network
• Forecast Infrastructure
Power Subsidies (Present-2050) T&D Distribution Projects Development
Policy Forecast
Tariff Policy Load
Transmission Ratio
Policy IPP Incentives
Scenario Energy Transport
Simulation Fuel Policy Grid Technical Loss
Change of Law Demand Demand Projects Non-Technical Loss
N-PETE-M India Economic & Industrial Policy Supply Supply Evacuation T&D Ambient
Key Features Gas Power Limits Forecasts Systems
• Policy
Power Transport & Impact • Political
• Time to build: 2.5 years Domestic Coal Rail Industry Limits Forecast • Legal
• Size: 100 MB+ Industry & Impact • Power
Liquid Fuel Road Other
• Equations: 5,000 + Transport • Exploration • Energy
• Variables: 4500 + Renewable Fuel Import • Transport
Agriculture • Reserves Shipping & Ports & Price
• Support Files: 375+ • Production Hydro Potential Forecast • Emissions & Carbon Trading
• Full Printout: 7,500 pages Domestic Pipelines & Terminals • Integrated Demand & Supply Forecasting
• Feed Data: 5 Million + • Project Merchant Modeling & Simulation
(Datapoints) Standby Power • Mines • Oil Fields • Refineries Imports • Advanced Network Systems & Sophisticated IT Solutions
Other • Washeries • Gas Fields • PetroChem • Comprehensive Research & Total Knowledge Base
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 16 GIS-ACG Global Strategy Services: Power & Energy

Market Strategic Systems
GIS-ACG Market Strategic Systems (MASS) empower Client Management with a formidable competitive advantage.
They herald a quantum leap in strategic planning, business development and investment decision making.
While a MASS is customized to client requirements it can be linked to an N-PETE-M to enable automatic updates.
• GIS-ACG Market ... power these by ... and connect all client ... to create a ... & a quantum
Strategic Systems the most sophisticated locations by leveraging "One-Touch competitive
integrate 10 critical information, intelligence, Internet Technology ... Solution" ... advantage ...
corporate strategic knowledge systems ...
functions ...
Strategic Modules
Asset Reporting
10 Monitor • Project Initiatives
• Business Development
9 Implement
• Contact Management
8 Develop • Performance Valuation
• Resource Allocation • Technologies Process Value Proposition
• Engagement Coordination • Techniques
Strategy Design Strategic:
Planning • Dynamic Models
• Business Strategy Planning
• Investment Decisions • Database Systems • Strategic Objectives
7 Project • Business Development System
• Benchmarking • Internet Solutions • Client System Review
• Strategy Performance Measurement
6 Portfolio • Simulations • Intranet & ESP • IT System Evaluation
• S: Strengths • Video Conferencing • Solution Workshop Project:
5 Market • W: Weaknesses • Email Query Develop • Project Opportunity Tracking
• O: Opportunity • Project Feasibility Assessment
• Concept Development
• T: Threat • Financial Model Links
• System Development
Knowledge Base • Initiative Cost-Benefit Analysis
Assessment • Custom Solutions
• ACG Tracking Systems • Graphical Interface
• Dedicated Surveys Intelligence:
4 Planning • Competitor Benchmarking
• Client Information Deploy
3 Analysis • Models • Knowledge Management System
• Newsletters • Training Workshop
• Databases • Magazines • Operationalization • Optimal Information Management
2 Synthesis • Reports • Internet • Executive Reporting • Enterprise-wide Transparency
• Journals • Other • Update-Interface • Customer Contact Management
1 Research • Directories
• Conferences
• Workshops Important Note: The following terms are used interchangeably & denote the same concept
• Strategic Systems • ESP (Enterprise Strategic Planning) • The System • The Package
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 17 GIS-ACG Global Strategy Services: Power & Energy

Merchant Project Simulators
GIS-ACG Merchant Project Simulators (MPS) are integrated models of Merchant Feasibility of Power & Energy Assets &
can be dynamically linked to GIS-ACG MASS & N-PETE-Ms to factor in all market, policy, and project developments.
V Project Model Integrated 'Road-Show Ready'
• A merchant feasible project accrues considerable advantages viz.: Investment Criteria Met:
• Promoter Merchant IRR Key Agencies:
Coordination of Interests
• Confidence in Project Returns • Equity Partner
• Investors • Lenders
• Financing Terms & Expedience • Lenders 5 • Developers
• Equity Participants
• ACG develops robust project models which integrate all key facets: • EPC Contractors
• Equipment Suppliers
• Financial • Contractual • Operations • Market Project Valuation
• Fuel Suppliers & Managers
Possible ? • IRR • NPV
• Policy • Political • Legal Probable ?
• O&M Contractors
Potential ?
4 • Banks & Rating Agencies
• Insurance Agencies
IV Project Workshop Feasibility, Risks, Returns & Strategy What if? • Provincial Electric Utilities
• Central & Provincial Agencies
• Provincial Government
Key issues addressed: Scenario Generation • Market Validation
• Economic Viability Project Evaluation • Departments
• Revised PPA/FSA
• Do market based projections deviate from contract based projections? • Change of Law/Factors • Identify-Quantify Risk • Performance Review
• Ministries
• Government
• Contingency Plans • Market & Returns Analysis
• Revenue • Costs • IRR • Risk Mitigation Measures
• What is the rationale, reliability & implications of these deviations? • Competitive Positioning
• Strategic Learning
• Near • Medium • Long Term Client Models • Strategy Development Client Models
• What is the probability, nature & impact of contract renegotiation? • Developer • EPC • Exit Conditions • Financial • O&M
Project • Schedule • Revenue • Costs
• What are the ambient system risks? •PPA • FSA • Competition
• Policy • Political • Legal
• Have all the risks & opportunities been addressed? 3 Execution of
Critique of Standard GIS-ACG Approach
• Identified • Quantified • Evaluated • Incorporated
• Is the project fundamentally commercially viable? Due Diligence Market Validation via
2
• Are the projected returns resilient & strategy sound? Review Contract Based IRR Merchant Feasibility
& Invalid Contractual
III Project Simulator 1 Market Risk Mitigation
Risks Market Competition &
Merit Order Despatch
• Project Simulators are dynamic models
designed to capture variations in: • Project • Passthrough & Escalations Legend
• Guaranteed PLFs & Incentives
• Contract based IRR Dynamics • Fixed & Passthrough Liabilities Competitive
• Market based IRR • Ambient • Change of Law Protection Clauses Market Based
• General Political Risk Assessment
Systems • Arbitration & Enforceability Fixed
II Ambient Systems
• Interim • Tariff Rationalization Presumed
• No Competition
• Ambient Systems (regulatory, Agency • Guarantees & Escrow Mechanisms †1: Project Tariff
policy, political & legal) are • Power-Energy • Official Demand Figures (Infinite) †2: Fuel & O&M
regarded as highly responsive System
• Supply Presumed Limited †3: Consumer Tariff
Terms
Market
• Transmission Presumed Guaranteed
to public & market pressures • IRR: Internal Rate of Return Integrated
and a project cannot be • Market • Official Demand Forecast Methods • O&M: Operations & Maintenance
• Static Systemic Interactions • PLF: Plant Load Factor
insulated against them contractually. Fundamentals • No Customer Response • EPC: Engineering Procurement
& Construction
I Market Model Project Dynamics
GIS-ACG Link the Client Asset Model to the MASS & the • Revenues †1 Market Insulated
Country Specific N-PETE-Ms • Costs †2
• Tariff
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 18 GIS-ACG Global Strategy Services: Power & Energy

GLOBAL INFRASYS (P) LTD.
&
ASIA CONSULTING GROUP (P) LTD.
FIRM OVERVIEW
&
GLOBAL STRATEGY SERVICES
POWER & ENERGY
FIRM OVERVIEW
GLOBAL STRATEGY SERVICES
STRATEGIC SYSTEMS & SIMULATORS
COUNTRY & ASSET STUDIES
KNOWLEDGE MANAGEMENT SYSTEMS
VISION & MANAGEMENT
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 19 GIS-ACG Global Strategy Services: Power & Energy

Power & Energy: Integrated Practice & Services
GIS-ACG's comprehensive Power & Energy strategic practice integrates the dynamic impact of Power & Energy Markets,
Competition, and Regulatory Developments. These include Merit-Order-Despatch, Merchant Power & Energy Trading.
3 Net Impact of Dynamics Lower Tariffs Impact on Energy Projects
Competition Price • Guaranteed: Gas
- Tariff
- Offtake LNG
IRR
• Change of Law Liquid Fuels
Demand Supply Protection
Competitive Dispatch
2 Key Forces of Change in the Power Sector
Multilateral Agencies
Government
Market
Gencos
Political
Public Transcos
Policy
Regulatory Discos
Legal
Incumbent
2000+
1 Key Stages in Asian Power Sector Evolution ‘97-’99 Merchant Power
Illustrative
‘95-’96 Renegotiations Competition
‘90-’94 Demand Revisions
Reviews Privatization
IPP Entry
Negotiations Economic Crisis Deregulation
Liberalization
Learning Currency Shock
Investment Crunch Coal
Clearances
Monopolies Renewables
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 20 GIS-ACG Global Strategy Services: Power & Energy

Level 1: Country Market Assessment (Part 1)
GIS-ACG provides clients a standardized strategic assessment across all 195 countries & 70 territories in the world.
Country Overview
• History & Politics
• Economy
• Power & Energy Overview
• Media, Telecommunication & Transport Overview
Country Investment Climate
• Government initiatives to encouraging investment
• Economic Stability
• Financial Environment
• Political Environment
Power & Energy Overview
• Power Generation Mix by Fuel
• Primary Energy Mix
• Electricity Installed Capacity by Type
• Sector-wise consumption of Power and Energy
Organizational and Market Structures
• Power and Energy market structure
• Regulatory Framework & Structure
• Organizational Structure of the Electricity Supply Industry
Production and Consumption
• Electricity Generation and Consumption
• Electricity Installed Capacity
• Production and Consumption of energy resources
Geographical Power & Energy Review
• Reserves/potential of energy resources
• Tariff structures
• Capacity addition projects
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 21 GIS-ACG Global Strategy Services: Power & Energy

Level 1: Country Market Assessment (Part 2)
Power Overview Energy Overview
Generation, Transmission & Distribution
• Electricity Installed Capacity Production, Transmission & Distribution
• Electricity Generation mix • Reserves/potential, production and consumption of
• Electricity Consumer mix conventional and non-conventional energy resources
• Transmission Infrastructure & Access rules • Key Issues related to the production, transmission
• Transmission bottlenecks & and distribution
• Transmission pricing
• Distribution sector
Sector Reforms
Sector Reforms • Key features of market design
• Key features of market design • Stage along reform path
• Degree of Unbundling • Government end vision and time table
• Stage along reform path • Steps taken by the government
• Government end vision and time table
• Steps taken by the government
• Government's commitment towards Regulation & Pricing
gas fired power plants • Key regulatory entities & Ownership
(Public or Independent)
Regulation & Pricing • Key regulatory policies
• Key regulatory entities & Ownership • Energy prices (such as Oil and Gas prices)
(Public or Independent)
• Key regulatory policies
Market Fundamentals & Risk
• Investment required to setup & generate power
• Private companies operating in the
• Wholesale electricity prices
energy sector
• Retail electricity prices
• Private companies as percentage of
Market Fundamentals & Risk total energy market
• Type of IPP contracts • Public/Private energy offtakers
• IPPs as percentage of total generation (present & potential)
• Public/Private power offtakers (present & potential)
Opportunity Assessment
Opportunity Assessment • Future Projects in the energy sector
• Future Projects in power sector • Potential areas of investment
• Potential areas of investment in power sector in the energy sector
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 22 GIS-ACG Global Strategy Services: Power & Energy

Level 2: Independent Demand Forecasts
GIS-ACG conducts independent Demand Forecasts in Power & Energy. As Official Data & Forecasts are often suspect
or wanting from the perspective of Strategic or Asset Planning - these are systematically reviewed & rectified.
Optimistic Demand Forecasts can heavily impact Power & Energy system planning & client Power & Energy investments.
GIS-ACG utilizes multiple methodologies
to develop its forecasts including:
• Review of all Official Forecasts & Vision - System Dynamics Modeling
Documents - Econometric Modeling
• Reverse Engineering of Official Models - Regression Analysis
• Analysis of Errors Detected &
Official Data Implications.
For ALL Consumption Categories:
• Review of Category wise Electricity &
Energy consumption & official Forecasts.
• Analysis of Errors Detected &
Official Data Implications.
• Growth Rate Analysis
• GIS-ACG Forecast by Category
• Integration of Forecasts by all
Categories of Electricity & Energy
Consumption.
• Trend & Implication Assessment
• GIS-ACG Baseline Demand =
Average of Category wise Summation
& Trendline Forecast
• Shortage Adjusted Forecast
(Add Actual Recorded Shortages
To Baseline Demand)
Electricity
• Grid Demand Forecast (Subtract New Captive
Power Forecast From Shortage Adjusted Demand)
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 23 GIS-ACG Global Strategy Services: Power & Energy

Level 3: Supply Project Profiling & Rating
GIS-ACG develops the most advanced & sophisticated databases to Track, Profile & Rate Power & Energy Projects
for opportunity Assessment as well as Feeder Data Streams to the Merit Order Dispatch (MoD) Assessment.
Information Overload
GIS-ACG Project Tracking Systems are complex
Relational Data Base Management Systems (RDBMS)
which comprehensively tracks the status of ALL the
Power & Energy projects in a target country.
Key Challenge: How does one synthesize and triangulate the vast
amounts of information gathered from hundreds of diverse sources
to arrive at a comprehensive assessment of project status, success Evaluation of Despatch Risk
potential, commissioning etc? for Client's projects
Project Knowledge Management
The Internet: Advantage or Chaos: The Internet is an ocean of • Project Success Potential
unverified and often unreliable information. The collation & • Expected Commissioning Dates
synthesis of this information is a substantial challenge. The veracity • Project Cost & Proposed Tariffs
of the information is a critical issue. • Regulator Tariff Orders
• Position in MOD stack
Information & Data Conflict Resolution: Various sources often
Project Status
provide a conflicting perspective in critical areas including key
• PPA • Tariff
project related issues like project tariff, project capacity, project
• FSA • Finances
commissioning schedule etc.
• Clearances • Escrow
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 24 GIS-ACG Global Strategy Services: Power & Energy

Level 4: Merit Order Dispatch (MoD)
Sophisticated Project Due-Diligence based on Fundamentals is critical to both Equity & Debt participants in a Power
Project. A comprehensive MoD & Scenario Simulation enables the identification & mitigation of Risk factors. It also
optimizes Project Positioning & Parameters to take advantage of the ambient Competitive & Regulatory environment.
An MoD Study is also a critical foundation for Energy Demand Aggregation & Energy Offtake Risk Assessment.
GWhr
Official Demand GIS-ACG GIS-ACG
Forecast (Baseline) Supply - Generation Demand Forecast
High Medium Low
Project Based (GWhr)
Official Demand
Client Project Dispatch Risk Forecast (Optimistic)
New Capacity Requirement
Project Dispatch Risk
Historical Energy Shortage
1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050
Captive Power Forecast to be Subtracted from Grid Demand Scenario 1: Total Tariff Reference Year 2010 Year
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 25 GIS-ACG Global Strategy Services: Power & Energy

Level 5: Merit Order Payment (MoP)
An MoP & Scenario Simulation renders the Payment Risk on Power & Energy projects transparent and exposes elements
an Offtaker may be unwilling to highlight. Conservative Cost Models & Optimistic Revenue Models pose a high risk.
Utility Cost Forecast
Fuel Power Purchase (Project Summary) O&M Administration Depreciation Interest Miscellaneous
Utility Payment Risk Profile
Revenue < Operations Cost
Revenue > Operations Cost
Utility Revenue Forecast
Total Revenue
Expenditure (Incl: Interest & Depreciation)
Fuel+O&M+Administration+Power Purchase
Fuel+O&M+Administration
Power Purchase Cost
1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040 2045 2050
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 26 GIS-ACG Global Strategy Services: Power & Energy

Level 6: Energy-Power Assessment & Strategy
GIS-ACG conducts multi-parameter Energy-Power assessments to establish the Relative Attractiveness of Countries or
States from an Energy Market & Value Maximization Perspective. This includes all key aspects such as
Gas-Power Assessment, Spark-Spread Assessment, Gas Market Aggregation and Gas-Power Asset Optimization.
Relative Weights of Primary Parameters
(Illustrative)
A1% A%
C1% C%
-
+
B1% B%
% Weight X Y Z
Power Utility Gas Power
Sum & Scale (Weighted) (Weighted) Matrix
Rating Agencies (Weighted)
Selected Parameters
A B C D E F G H
Power X%
Private/IPP Y% Gas Power Gas Supply Gas Gas Price Spark Naphtha Power Power
Gas -Power Z% MW Transmission Band Spread Supply Trading Transmission
Implementation of Targets Set Regulatory Frame
Implementation of Regulatory Frame Relative Weights of Sub-Parameters
Track Record on Subsidy Payments GNL Power GNL Cogen Captive (Illustrative)
Structural Adjustment Support Provided to Utilities
Weight @ % Weight @ % 10% 10%
Implementation of Anti-Theft Legislation Measures A1% A%
E1% E%
Timeliness of Tariff Order X1 X2
+ -
Implementation of Tariff Order
+
Nature & Scope of Tariff Order D1% D%
Energy Audit (11 kV) Existing X% -
Aggregate Technical & Commercial Losses (ATC) in % High Y%
Medium Z% GNL
C1% C%
Gearing Level (Total Debt/ Adjusted Networth) B1% B%
(Revenues Sale of Power - Subsidy)/Operating Costs + I Gas, Naphtha, Liquid Fuels (Product)
Actual Track Record of Debt Servicing
Trends in Levels of Receivables (Days of Sales) Legend of Weights Applied
Power Purchase & Fuel Creditors
Funding of Pension & Gratuity Liabilities Built in Projection Existing X% Existing A% Existing M%
Average Revenue Realization - Average Cost of Supply High Y% New B% New N%
Trends in Financials with Base Year & Simulation Medium Z%
Negative Score for -ve impact on Commercial Viability
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 27 GIS-ACG Global Strategy Services: Power & Energy

Level 7A: Energy Asset Valuation (LNG-Gas)
GIS-ACG conducts LNG & Gas Project feasibility by leveraging its proprietary comprehensive framework.
Primary Offtaker Currency Risk LNG/Gas Project
Forex Controls • Cash Flow • IRR
Project Merit Order Despatch Gas Demand • Net Back
$/MMBtu
Project Size & Location Power Gas Field
Cost of Generation Fuel Regulatory Frame Liquifaction
Payment Risk Fertilizer
Power Projects
Load Curve Pipelines Shipping
Residential Gas & LNG
Tariffs Procedure Regassification
Government Industrial Liquid Fuels
Losses
Utility Coal
IPP
Escrow
Project Success Other Fuel Competition
Financials Captive
Inter-State Liquid Fuels
Power Demand Installed Fuel Switch Dynamics
New Domestic Gas
Electrical System
Industrial Naphtha
Project Technology
Agriculture Coal
Power Regulatory Frame
Gas Turbine Other
Residential
•Policy
•Political Regulators Internal Combustion
Commercial
•Legal Assessment Scope
Gencos Steam Turbine
Other Standard GIS-ACG
Economy Hydro Turbine
Transcos Due Diligence Additional Analysis
Other Payment Assumption Analysis Scope
Discos
Load Centers
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 28 GIS-ACG Global Strategy Services: Power & Energy

Level 7B: Power Asset Valuation
GIS-ACG deploys a comprehensive 10 step proprietary methodology to conduct
Project Despatch Risk (MOD: Merit Order Despatch) &
Project Payment Risk (MOP: Merit Order Payment)
Market Model Power Sector Risk Module Project Simulator
• Supply Projection
5 Utility Revenue Forecasters 6 Merit Order Despatch Stack ACG Projection (in order of events):
• Payment Default • Surplus • Official Demand
• Surplus Power Projection
Projected By Merit • Tariff Renegotiation
Merit Order Motivation Additional Order • ACG Demand
• Merit Order Despatch
Capacity Despatch Projection Project 20 Year
Utility Financial Projections 1 Gas
• Official Supply
Projections
10 Finance
Terms
IRR Forecasts &
Payment Liability Coal Excess
Revenue Z MW • Default • Official Power Simulations
Revenue Shortfall ~ • Deficit Market Projection
Despatch
Gas Fuel Risk (142,000 MW
Switched Additional)
Policy • Wheeling
• Captive Power
Liquid Financial Forecaster
Options Fuel Projected 1985 1990 1995 2000 2005 2010
Regulatory & Additional Revenue & Cost Impact
Planning Demand
Coal
Response Impact Liquid
Fuel
Captive
@ 60% Success 7 Utility Risk Module 9 Project Financial Projections
2
Feedback Loops
R&M Revenue
95 00 05 10 15 20 Illustrative Time Plot
IPP Entry
3 Tariff Simulator 4 Price & Cost Model • Fuel
• Electricity Escrow Cover Risk Cost
Utility Revenues
2000
1998 Default Risk
Tariff by Customer Category Cost of Generation 1996
2.5 (Rs/KWhr)
Commercial Tariff 2002+ 95 00 05 10 15 20
Domestic Naphtha 2.66
Tariff (Rs/KWhr)
Domestic FO 2.48
Rs/KWhr
HT Imported LNG 2.21 • Tariff Rationalization
Options $3/MMBtu Imported Naphtha 2.19 Common Legend
LT > 10 BHP Imported HSFO 2.17 • Captive Power Growth
Imported Coal 2.16
LT < 10 BHP Domestic Coal 2.09 Contract Market
Residential Imported Gas 2.08 • Unbundling Terms Terms
Agriculture
Response 3 $2.3/MMBtu Domestic Gas 1.90 (Liability Disintegration)
2.0 Consumer Tariff = fn (Utility Obligations / Losses)
Captive Power = fn (Consumer Tariff)
95 00 05 10 15 20 Utility Revenue = fn 1/(Captive Power)
N W SE SW E
4 Region Contract Renegotiation Model
Ambient Systems
1 Demand Model 2 Supply Model Project Contract Evaluation
PPA FSA O&M
Forecast by Consumer Sector Price/Tariff Rs/KWhr Rs/Ton Rs/Mo
Comprehensive List Projects Development • National • Policy Pressure Quantity GWhr Tonnes Rs
& Rating of Projects by Fuel
• State • Political • Public
Others Not
8
Demand (GWhr)
Captive Correction Industry Finalized
• Interim • Legal • Group Guarantees LCs Escrow
Agriculture POL Specs --- --- ---
Coal
Commercial MW
Gas
• Returns • Guarantees • Formulas Amount --- --- ---
Residential • Industry Structure • Competition
Others Total = x MW
• Tariff • Subsidy • Duty • Taxes
95 00 05 10 15 20 • Prices • Legal Framework • Plans
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 29 GIS-ACG Global Strategy Services: Power & Energy

Power Project Due-Diligence Framework
Strategic Planning & Sophisticated Due-Diligence based on Fundamentals are critical as an entirely new set of factors
are impacting Power Projects which are beyond the control of the Project Promoter & Contractual Risk Mitigation.
ACG's assertion at Powergen Asia '96 that Asian IPPs are Merchant Plants was 10 years ahead of its time and yet true throughout the 10 years.
Regulatory & Power Reform Risk Intra & Inter-State Power Trade
Utility ARR Filings PTC India Due Diligence
SERC Tariff Orders PGCIL Due-Diligence
State Energy Plans Open SEB Transmission Plans
Access
ABT Tariff Power Traders
• IEGC • CTU
Indian Electricity Grid Code Central Transmission Utility
• OA Project Competitiveness • RLDCs
Open Access Guidelines Regional Load Dispatch Centers
• CERC • STUs
Central Electricity Fatal Flaws in Current State Transmission Utility
Regulatory Commission
Electricity Act 2003
UI Index Based Trading
Power Trading Mechanics
Wheeling Charge Mechanics
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 30 GIS-ACG Global Strategy Services: Power & Energy

GLOBAL INFRASYS (P) LTD.
&
ASIA CONSULTING GROUP (P) LTD.
FIRM OVERVIEW
&
GLOBAL STRATEGY SERVICES
POWER & ENERGY
FIRM OVERVIEW
GLOBAL STRATEGY SERVICES
STRATEGIC SYSTEMS & SIMULATORS
COUNTRY & ASSET STUDIES
KNOWLEDGE MANAGEMENT SYSTEMS
VISION & MANAGEMENT
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 31 GIS-ACG Global Strategy Services: Power & Energy

Knowledge Systems & Architecture
GIS-ACG leverages its Ten Categories of Proprietary Knowledge Systems & Streams to enable the development of the
most advanced Strategic Systems & Simulators. The GIS-ACG Knowledge Base comprises nearly a Million Files.
Knowledge, Information & News
Streams A B C D E
Policy & Economic Project & Utility & Project
Industry & Political Bidding Competitors Finance
Systems
Frames & 1 Government Policy
Projections & Market Structure
Models 2 Forecasts
(Demand)
Databases 3 Projects
(Supply)
Simulators 4 • Merit Order Despatch
(Load Flow & Trading)
• Gas-Power Assessment
Financial 5 • Merit Order Payment
Models (Commercial Risk &
Asset Returns)
• Power & Energy Asset Valuation
Infrastructure Knowledge Base Search Purity
GIS-ACG Internal: > 95%
Google: < 5 %
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 32 GIS-ACG Global Strategy Services: Power & Energy

GIS-ACG Global Project Track: Overview
GIS-ACG's Global Project Track (GPT) is a complex Relational Data Base Management System (RDBMS) designed to
comprehensively track all power generation projects in the World. It currently tracks over 25,000+ Power Assets in Asia.
Developed and perfected over a span of 14 years, it comprises over 50 Related Databases and is updated on a daily basis.
Power Merit Order Dispatch (MOD) Generation Offtake Risk by Project Fuel Consumption (MOD Validated) Fuel Forecast (MoD Validated)
Primary Control Interface
Major GUI Interfaces
Global Industry Track: GPT Overview
75,000 Logs 7,000 Fields / Project
• News • Information • Data 50 Layouts
Asia, India, China, Europe, CIS, 100 Million Data Points
North America, South America,
Africa & The Middle East
Key Driver Databases
Critical Extractor Databases
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 33 GIS-ACG Global Strategy Services: Power & Energy

Strategic MIS Solutions: RDBMS & GIS
GIS-ACG Strategic Systems provide clients the maximum Strategic Insight & Value by incorporating advanced RDBMS
(Relational Data Base Management Systems) seamlessly integrated with GIS (Geographic Information Systems).
ACG
Strategic
Systems
Value Proposition:
• Market Opportunity Development
• System Planning
• Asset Optimization
• Risk Assessment
• Power & Energy Market Aggregation
Strategic & Tactical Value • Power & Energy Trading
Information & Knowledge System Sophistication & Power
RDBMS: Relational Data Base Management
1 2 3 4 90 100 Log System (ACG systems are based on FileMaker Pro)
Scale GIS: Geographic Information System is a Graphical
Natural Limit
Representation Tool used for analyzing & mapping
data from the Strategic Systems & Simulators. The
system enables instant conversion of market data
into graphical Infrastructure Maps of the State or
Excel Region.
PPT
RDBMS GIS MS Access & Oracle as platforms are NOT
Word recommended as they are:
Print - Sub-Optimal to Develop & Update &
- Severely constrain Dbase Query
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 34 GIS-ACG Global Strategy Services: Power & Energy

GIS-ACG Knowledge Base: Overview
GIS-ACG has designed & developed a proprietary Knowledge Base of over 400 on-line RDBMS Resources since 1995.
• Models (150+)
• 100 GB+ • 1,000,000+ Files • Methodologies (200+)
Demand By Technology & Fuel Supply By Fuel & Mode • R&D Studies (200+)
• Tracking Systems (100+)
• Coal / Lignite • Gas / LNG • Liquid Fuels: Diesel, FO/LSHS, Naphtha, LPG, SKO • Hydro • Renewables • Databases (Main) (300+)
Power T&D Industry & Sectors Transport Energy (Fuels)
• Industry • Commercial • Crude Availability
Models
• National Power Model - Iron & Steel - Office • POL Production
• Electricity Pricing Model • Load Flow - Aluminium - Shops
• System • Capacity • Oil Bill & Forex Reserves
• Utility Models - Textile - Hotels / Restaurants & • Production
• Escrow Models Planning - Sugar - Cinema Halls
- Fertilizer - Hospitals Growth - Lignite
- Cement - Educational - Open Cast
- Chemical - Others - Underground
- Mineral Oil • Domestic
- Petroleum - Households • Liquid Fuel Supply
• Shipping
R&D Studies
- Paper - Income Analysis • LNG Terminals
• Supply Projections • State Grid - Non Ferrous • Ports
• Appliances: • Oil &Gas
• Auto-Rating • Inter-State - Light Engineering • Railways • Coal
- Jute - Production • Aviation
• Auto-Analysis • Grid - - Automobile - Purchase • Washeries
• Auto-Location Restrictions - Electrical Engineering - Intensity Analysis
(ACs, TVs, Bulbs, • Railways • Coal
- Heavy Engineering Freight & Reserves
- Rubber Tubes, Fans & • Crude Production
- Collieries Refrigerators etc.) Lines • Gas
APT Suite - Food Products Analysis Fields
• Agriculture
Overview
• National Project Track - Plastic - Production • Ports • Pipelines Linkage
• T&D
• Historical Log Project - Mining & Quarrying - Pumpsets Database • Oil & Gas
• Connection - Beverages & Tobacco - Irrigation Patterns • Aviation
Track - Cotton • LNG Terminals
• Communicator • Traction & Airline
• Primary Research - Wool & Silk - Rail Length & Traffic • Fuel Price & News Track
- Miscellaneous
• Coal Seams
Other Key Databases • Ports • Mines
Asia: 25,000 Projects
Micro-View
• - Major • Refineries
Databases
• IPPs National (i) Asia - Global - Minor • LNG Terminals
Lines,
• Government • Primary Research Track • Asia Projects Track by • Pipelines
• Captive / Cogeneration Sub -
Stations, • Power Policy Track • Global Gas Turbines - Capacity • Gas Fields (All)
(Installed & Proposed) • State Databases • World Oil & Gas - Commodity • Oil Fields (All)
Reactors
• ACG Contact Database (x Installed + y Proposed)
National (ii) Multi-Media / Graphics • 250 Fields / Project for
• 6,500+ Fields / Project • 100+ • Consumption by Industry • ACG Digital Maps Coal and Oil & Gas
Specifications
• 2 GB Database Fields / • Market Demographics • ACG GIS System Databases
• 75,000 Information Logs Project • Business Journals (95-2009) • State Grid Maps • 200 Fields / Project for
• Census Surveys & Data • ACG Line Art LNG Terminals Track &
National Pipelines Track
Research & Information
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 35 GIS-ACG Global Strategy Services: Power & Energy

GLOBAL INFRASYS (P) LTD.
&
ASIA CONSULTING GROUP (P) LTD.
FIRM OVERVIEW
&
GLOBAL STRATEGY SERVICES
POWER & ENERGY
FIRM OVERVIEW
GLOBAL STRATEGY SERVICES
STRATEGIC SYSTEMS & SIMULATORS
COUNTRY & ASSET STUDIES
KNOWLEDGE MANAGEMENT SYSTEMS
VISION & MANAGEMENT
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 36 GIS-ACG Global Strategy Services: Power & Energy

Vision & Achievements
The Vision to be a World Leader in Global Strategic Advisory in Infrastructure has powered GIS-ACG efforts for 15 years.
Trading: Power, Energy
(Oil & Gas) & Carbon
National Master 5
Plans Global Models
Asia-Wide Global Power
Retainers Retainers Oil-Gas
State Transport
Simulator Merchant Project Emissions
Simulators
Asia Power 2000
25 Countries
in Asia Market Strategic Systems
• ACG Client Client Client
China Assignments Assignments Assignments
Office
National Project Asia Project ME-Latin-Africa Global Project
• ACG Track Track Project Track Track
Taiwan
Office National Power
& Energy Model
GIS Launched
India
ACG US Office
Launched Established
1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 37 GIS-ACG Global Strategy Services: Power & Energy

GIS-ACG Expansion Vision
With a Vision to provide superior Strategic Services spanning 195 countries & 70 territories,
GIS-ACG plans to grow to 200 professionals in the near to medium term.
Squads of Six
Number of Team Scaling Concept Mission:
Professionals Completion of
Consultant/Analysts 5
Not (NOT including: Strategic Systems Managers Global Models
- Advisors
to Knowledge Managers Estimated Saturation Point (for 195
- Retainer Consultants
Scale - Support Staff Country & 70 Territory Analysis)
200
150
100
Strategic Investors / Alliances
75 • Global Leaders in Strategy
50
Estimated
Paperless Advanced Saturation Point (for
Knowledge Systems Training Systems 45 Country &
25 Talent
Screening System Territory Asia
Analysis)
10
India Model Asia Power Middle-East Asia & Middle East 195 Countries
Power Energy 25 Countries 10 Countries 55 Countries 70 Territories
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 38 GIS-ACG Global Strategy Services: Power & Energy

GIS-ACG Chairman
Brief Background
Mr. Nasser Munjee is the Chairman of Global InfraSys (P) Ltd. (GIS) &
a Senior Advisor at Asia Consulting Group (P) Ltd.
His vision for both companies has been the cornerstone of the companies' growth.
Prior to joining Development Credit Bank (DCB) as its Chairman, Mr. Munjee was with the Infrastructure Development Finance Company
Limited, India (IDFC) as its Managing Director and CEO. IDFC is one of India's leading infrastructure project finance and infrastructure
policy advisory institutions.
Mr. Munjee's journey in creating financial institutions began with the Housing Development Finance Corporation Limited (HDFC), which he
has been assisting since its inception in February 1978.
In March 1993 he joined the Board of HDFC as Executive Director with primary responsibility for resource mobilization, research,
publications, training, communication and managing the Center for Housing Finance.
He continues to be on the Board of HDFC along with fourteen other companies and several other institutions as Chairman, Member of the
Board or as a Trustee.
Mr. Munjee has a deep interest in infrastructure projects, rural development, housing finance, urban issues, specially the development of
modern cities and humanitarian causes.
Mr. Munjee is a Technical Advisor on the World Bank - Public Private Partnership Infrastructure Advisory Fund, Member of the Board of
Emerging Markets of South Asia Fund (EMSAF), Trustee on HSBC Asset Management Trust and an Advisor to Primary (Quantum) Real
Estate Fund.
Mr. Munjee is a Member of the Goa Planning Board, Government of Goa, Special Invitee to the Managing Committee of the Goa Chamber
of Commerce & Industry, Member of the Managing Committee of the Bombay Chamber of Commerce & Industry and also of CII, Western
Region.
He is a Trustee of Welham Boys School, Dehradun, Member of the Academic Council of Goa University, on the Board of Governors of the
Narsee Monjee Institute of Management Studies (NMIMS), Member and an Honorary Distinguished Professor at IIT, Kanpur.
Mr. Nasser Munjee holds a Bachelor’s degree from the University of Chicago (USA) and a Master’s degree from the London School of
Economics, U.K.
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 39 GIS-ACG Global Strategy Services: Power & Energy

GIS-ACG CEO & MD
Brief Background
Mr. Vishvjeet Kanwarpal is the CEO & Managing Director of
Asia Consulting Group (P) Ltd. (ACG) &
Global InfraSys (P) Ltd. (GIS)
Mr. Kanwarpal directs the Infrastructure Strategy practice at ACG & GIS including: Power, Energy, Transport, Emissions,
Environment & Telecommunication. He has conducted over 200 client assignments in Infrastructure & over 100 in High-
Technology sectors. He has been a Speaker & Workshop Leader at over 80 international Power & Energy conferences.
His areas of expertise include market and project strategy, feasibility, business simulation, risk evaluation and risk mitigation techniques in
emerging Asia and globally. Pioneered the development (design and implementation) of advanced merchant concepts, dynamic models and
analytical tools for Asian & global markets.
His experience in the power sector includes coal, liquid fuel and gas based projects, hydro power, cogeneration and renewable sources.
Experience in the energy sector includes the entire range of fuels (including LNG & Pipeline Gas) for power, fertilizer, industry, residential and
transport sectors. Expertise in the transportation sectors includes airports & aviation, railways, roadways, ports & shipping and advanced multi-
modal systems. Conducted continental feasibility studies pertaining to electric/hybrid vehicles including review of advanced emerging
technologies.
Project Manager for major GIS-ACG projects spanning over 100 man-months each:
o Global InfraSys R&D 2006-2008 - Global Models in Power, Energy (Oil & Gas), Transportation & Emissions
Country Strategic Studies across 195 Countries & 70 Territories across the globe
o Pan-Asian Power & Energy Study 2006 (Multi-Client Project for a Global Energy Consulting Company)
Market Assessments & Forecasts in Power, Energy & Transport covering 45 Countries & Territories in Asia
o Asia Power 2000 & Beyond (ACG's Multi-Client Study) - Updated 2002
Asia Consulting Group's strategic Power & Energy Strategic Study spanning 25 countries in Asia
o India Power 2001
A Study of the State of Power Sector Reform Programs & Benchmarking across 25 states in India
o National Power & Energy Model of India 1995-1996 (ACG's Long Range Forecasting Model)
Design, Development and Deployment of ACG's NPEM covering all Infrastructure Sectors in India
Mr. Kanwarpal was formerly a consultant with JSA/EDS Management Consulting in Boston, USA and has traveled widely to over 40 countries
in Asia, North America, Europe, Middle East and CIS.
Mr. Kanwarpal is a graduate of the Massachusetts Institute of Technology (MIT), USA and has completed graduate courses at Harvard and
Sloan School of Management, MIT. He received his International Baccalaureate from the United World College of the Atlantic (UK) and is
also an alumnus of St. Stephen’s College (India) and The Lawrence School, Sanawar (India).
© Global InfraSys (P) Ltd. & Asia Consulting Group (P) Ltd. Page 40 GIS-ACG Global Strategy Services: Power & Energy