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    Arkay Energy Rameswarm Limited (AERL)

    AERL is a 150 MW natural gas-based power plant located at Ramnathpuram, Tamil Nadu. Further, an expansion of 35 MW is under development.

    The estimated fuel requirement is approximately 0.7 million standard metric cubic metres per day at 100.0% PLF and an assumed gross calorific value of 8,830 kcal. AERL has signed an agreement with GAIL (India) Limited (“GAIL”) for supply of natural gas up to 0.292 MMSCMD under APM. We also have an additional gas avilability of 0.078+0.40 MMSCMD on fallback basis pursuant to a binding term sheet signed with GAIL at MDP.

    Wartsila India Limited was appointed as the O&M contractor and is valid until March 13, 2015.

    AERL delivers the power generated to TNEB Mandapam sub-station using a 110 KV transmission line.

    The plant area covers approximately 13 acres of land.

    AERL maintains industrial all risk policies for the plant.

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    Arkay Energy Rameswarm Limited - Expansion (AERL)

    The expansion is proposed to be undertaken within the existing plant location of AERL, to increase the capacity from 150 MW to 185 MW.