MEDIA RELEASEReliance Power Limited Dhirubhai Ambani Knowledge City (DAKC),

Thane Belapur Road, Koperkhairane Navi Mumbai – 400 710, India Phone: +91 22 303 86600

Fax : +91 22 303 86999

www.relianceada.com

FIRMLY ON TRACK TO ACHIEVE TOTAL OPERATING CAPACITY OF 5,000 MW BY END OF 2012FOUR BILLION TONNES OF CAPTIVE COAL RESOURCES IN INDIA AND INDONESIA SET TO COMMENCE COAL PRODUCTION IN INDIA AND INDONESIA NEXT YEAR; ONTRACK TO BE AMONG WORLD’S TOPMOST COAL MINING COMPANIESPHASE ONE OF 2,400MW SAMALKOT GAS POWER PLANT, THE LARGEST POWER PLANT IN INDIA TO BE COMMISSIONED IN A RECORD 17 MONTHSMoUs SIGNED FOR US$ 5 BILLION (RS. 25,000 CRORE) WITH US EXIM AND THE US$ 12 BILLION (RS. 60,000 CRORE) WITH CHINESE BANKS, THE LARGEST SUCH FUNDING IN INDIAAPPROVALS RECEIVED FOR US$ 1.6 BILLION (RS. 8,000 CRORE) FROM US EXIM AND US$ 1.1 BILLION FROM CHINESE BANKSSET TO BECOME INDIA’S LARGEST GREEN POWER COMPANY; BUILDING INDIA’SLARGEST SINGLE LOCATION WIND AND SOLAR PROJECTS

Mumbai, September 27, 2011: Mr. Anil D. Ambani, the Chairman of Reliance Power Limited, today said the company is uniquely positioned to become India’s largest private sector power generation and coal mining company in the next five years.

Addressing shareholders at the 17th Annual General Meeting of Reliance Power here today, Mr. Ambani said:

Registered Office: H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai- 400 710

Reliance Power is firmly on track to achieve total operating capacity of 5,000 MW by

end of 2012.

Reliance Power’s four billion tonnes of captive coal resources in India and Indonesia,

would insulate the company from fuel supply risks.

The company’s bank of projects with land and other critical clearances for nearly

30,000 MW capacity is a significant advantage, as these are the most commonly cited challenges in infrastructure project development.

Reliance Power’s partnerships with global leaders—like GE, Caterpillar, Komatsu,

Shanghai Electric—and its in-house EPC talent pool gives it execution firepower.

The company’s innovation and financial engineering capability, has enabled it to expand sources of funding and secure competitive financing from US-EXIM, Chinese

and global banks.

Reliance Power’s low cost of generation and 25-year long-term power purchase

agreements enable stable cash flows and reduce credit risk

Reliance Power portfolio has moved into operations; the first phase of the 1,200MW Rosa plant in Uttar Pradesh has, within a short span of one year, demonstrated strong operating performance achieving nearly 90% PLFs. With this, Rosa has

already secured a place in top 10 operating plants in the country.

When Phase I of 1,400MW at our Samalkot gas-based project gets fully commissioned in March 2012 it would have created a world record for the fastest gas-

based project execution in just 17 months.

The entire 2,400MW Samalkot plant will be commissioned in December 12, making it

the largest gas-based power plant in India.

Reliance Power is set to commence coal production in India and Indonesia next year

and is set to be among the world’s top ten thermal coal producing companies with a

production capability of up to 100 Million Tonnes Per Annum.

Registered Office: H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai- 400 710

US EXIM has signed an MoU for US$ 5 billion (Rs. 25,000 crore) facility and has

received approval for US$ 1.6 billion (Rs. 8,000 crore), the largest in India.

Chinese banks have signed an MoU for US$ 12 billion (Rs. 60,000 crore), which represents the largest support by Chinese banks outside China. The banks include Bank of China, China Development and C-Exim. We have received approval for US$

1.1. billion (Rs. 5,500 crore) for Sasan, a first in India.

Reliance Power is set to become India’s largest green power company.

- Building India’s largest single location wind project in Maharashtra (200

MW) at an outlay of Rs. 1,400 crore.

- Setting up India’s largest solar facility in Rajasthan (100 MW CSP Project +

40 MW PV Project = 140 MW) at an outlay of Rs. 2,600 crore.

Reliance Power has the largest number of shareholders in the world.

About Reliance Power Limited

Reliance Power Limited, a part of Reliance Group, is India's leading private sector power generation company. The company has the largest portfolio of power projects in the private sector based on coal, gas, hydro and renewable energy, with an operating portfolio of 600

MW. The company also has the largest captive coal reserves in the private sector, estimated at more than two billion tonnes. Besides, the company has purchased three coal mines in Indonesia and also has plans to develop coal bed methane based generation capacity.

For further information, contact:

Nagraj Rao +91 9323342576

Daljeet Singh +91 9312014099

Registered Office: H Block, 1st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai- 400 710