1. WIND, SOLAR & MINING OPPORTUNITY IN EUROPE &
COMMON WEALTH OF INDEPENDENT STATES(CIS)

2. What Inspired Us
The countries of the European Union are
currently the number two global leaders in the
development and application of renewable
energy. They are rich in mineral resources
and/or houses listed /un-listed companies who
own majority of the assets across major Coal
and other mineral blocks. Promoting the use of
renewable energy sources is important both to
the reduction of the EU's dependence on
foreign energy imports, and in meeting targets
to combat global warming.
We Want To Be A Part of This
REVOLUTION!!

3. WE ASPIRE
• EU pioneers reached agreement in principle in March 2007
that more than 20 percent of the bloc's energy should be
produced from renewable fuels by 2020 as a part of its drive
to cut emissions of carbon dioxide.
• Renewable now account for less than 7 percent of the EU
energy mix. Hence we surge for an opportunity to transform
this numbers to higher share.
• The proposal of Greece to develop the Helios project (EUR20
billion )Helios solar project is designed to attract investment
to install as many as 10 giga-watts of solar panels by
2050)together with other member states and the European
Commission has the potential to be truly groundbreaking.

4. Our Proposed Platform Will Focus on the following Key
Sectors:
Focusing on
extracting the
highest returns
with minimal
risk based on
strategic
market
analysis,
disciplined
execution,
operational
excellence and
effective risk
management

5. Energy Profile: Europe &CIS

6. EUROPE: EMERGING PLATFORM
Emerging Market in
Europe includes
Romania, Poland,
Italy, Germany,
United Kingdom,
Bulgaria, Russia,
Turkey, Ukraine,
Hungary, Czech Rep,
etc.

7. SPECIFIC MARKET CONDITION

8. ROMANIA
•In order to meet the EU requirements, approximately 1.17
billion EUR are estimated to be directed to waste
management and recycling in Romania, during the period
2007-2013, out of which 930 million EUR represents EU
funds.
•Romania has to be able to recycle approximately 50% of its
waste by 2013.
•Romania is considered to be the highest in potential for
Renewable, specifically in Wind Energy.
•The EU has recently approved an incentive program as the
country seeks the goal of generating 24% of its power from
Green Energy.
•Romania will share out highest incentive among EU, for
investors in wind energy which is as large as 160
EUR/Mw after a government law comes in force later part
of this year.
Country Analysis

9. BULGARIA Most cities &
towns use old
methods of
dealing with their
waste
The country identified
for Wind energy
development (3400 MW,
midterm potential)
Bio diesel
consumption
registered a
staggering increase
Russian Oil major,
investing about $4million
in constructing a
photovoltaic park near
the Black Sea city of
Bourgas, with an
expected output of 1500
MW
Country Analysis

10. POLAND
Some of the key objectives of Poland’s Energy policies are:
• Increase the share of RES in final energy consumption to 15% by 2020 and
30% by 2030.
• Achieve a 10% share of biofuels in transport fuel market and to maintain
this year on year.
Favorable
economical
factor
•Shift in Political & Public Support away from
traditional fossil fuels towards Renewable Energy
Resources.
•Plans to invest in Renewable Energy in Poland by
biggest Energy Investor by 2016,(300MW by
2015, & 1000 MW by 2016
Country Analysis

11. With its high potential
in Agriculture &
Biodiesel & Bio ethanol,
Turkey can be the bio
fuel supply centre of
Europe
The total Amount of Investment
to be made to Meet the Energy
demand in Turkey is Estimated
at USD 130 billion
TURKEY RENEWABLE
PICTURE
Country Analysis

12. GERMANY
Country Analysis

13. ITALY
Country Analysis

14. UNITED KINGDOM
Country Analysis

15. DEVELOPMENT OF THE RENEWABLE ENERGY SECTOR IN THE
RUSSIAN
FEDERATION AND IN COUNTRIES OF THE COMMONWEALTH OF
INDEPENDENT STATES (CIS): PROSPECTS FOR INTERREGIONAL
COOPERATION
The Russian Federation and countries of the Commonwealth of Independent States (CIS) are
endowed with very significant renewable energy resources. The current contribution of solar, tide,
(wind, hydro, geothermal, hydro and bio-fuels is less than five per cent of total primary energy
consumption. But they have a large, diverse and unrealised potential that could have important
benefits for the environment, energy security and the economy if a wide range of barriers to the
deployment of renewable energy technologies can be overcome resulting in a more favourable
investment climate. Interregional cooperation can contribute greatly to overcoming these obstacles
since many of the opportunities and constraints for the future development of renewable energy
resources are common between the CIS member states.
UNDP is promoting market transformation towards Low-Emission
Development:
This includes support to Kyoto Protocol implementation, and to development of national
communications, as part of the United Nations Framework Convention on Climate
Change (UNFCCC); and promotion of renewable energy, and energy efficiency.

16. CIS- An Emerging Renewable Energy
Platform

17. During last 20-30 years CIS countries have shown great interest towards
renewable energy use.
•Actually in almost all CIS countries theoretical potential of renewable energy sources and their
complex use exceed current energy consumption.
•Technically achievable economic potential of renewable energy varies among CIS states, the
highest being stated in Russia and Ukraine.
• Economical potential of renewable sources in Russia (large hydro power and peat are not
included) nowadays can provide conventional fossil fuel savings of about 0,3 billion t.c.e. That is
almost 1/3 of total country’s annual consumption of natural gas, oil and coal.
• Technically achievable potential of renewable energy in Ukraine amounts to 63 t.o.e. Provided
favourable conditions for renewable energy use it can cover 30% of total country’s energy demand
Renewable energy potential
in CIS countries:
Economic - about 20-30%
Technical - about 50%
Perspective - over 100%
RENEWABLE ENERGY IN CIS COUNTRIES

18. UKRAINE
• Ukraine proving to be an attractive emerging market for renewable energy.
The latest study on the subject lists solar, wind, and hydropower industries as top
renewable energy sectors in Ukraine.
• The leading source of renewable energy in Ukraine is hydropower. Installed capacity is 150
MW. The potential of the hydropower industry in Ukraine is estimated at 2.3 GW. The
country has 22,400 rivers that allow for small hydro plants to be built across the country.
• According to several research programme, Ukraine also has strong solar potential. A recent
research lists the country as the one that offers favourable tax climate - the feed-in tariff in
the country is over € 0.40/kWh. Moreover, it is claimed that Ukraine hosts the largest
photovoltaic power plant in Central and Eastern Europe. The capacity of the facility is 80
MW.
• Analysts at the British audit company note that Ukraine's highest renewables potential lies
within its offshore wind industry - the country ranked 27 in the respective category. The wind
powered energy production in Ukraine has installed capacity of 87MW (as of Dec. 2010) and
projected capacity estimated at 19-24 GW.
• Suffice it to say that Ukraine's biomass industry constitutes over two-thirds of the country's
potential on the market of renewables. Currently, under 0.5 percent of energy is produced
from biomass but the estimated potential is ten times larger.
• According to Ernst & Young sources, there are strong signs that Ukraine is committed to
meeting the goal of generating 19% of energy from renewable energy sources by 2030
(according to the Government's 2006 strategy). The national project Natural Energy,
launched in 2010, sets an objective to increase the share of Ukraine's renewable energy
production on the state energy market up to 30 percent by 2015.

19. GLOBAL EMERGING GEOGRAPHIES:
Energy Storage Platform

20. MAJOR TAKE AWAYS

21. • Access to affordable , reliable & environmentally benign energy is an
emerging human development issue in CIS for rural & poor urban states.
• Number of demo projects proved successful, way forward is to scale up.
• Scaling up requires :
1. Dedicated Policy
2. Dedicated Financing from the Government
3. Technology transfer & capacity development from O&M&M (operation,
maintenance & management).Some of the Environmental Current issues
include massive soil erosion & degradation; water pollution ;air pollution
from industrial effluents.
• Vicious Circle: Poverty – Lack of Access to Energy- pure social services-
absence of productive opportunities – more poverty. Some countries lack
modern facilities for waste management & recycling. Separate collection
procedures of garbage is recently introduced but yet to be proven effective.
Low environmental awareness as a key challenge in the uptake to technology
and issues with social acceptance of waste incineration facilities.
CHALLENGESCHALLENGES

22. Demand for commodities is continuing to grow and the emergence of China and India as
well as the development of shale gas has significantly changed the dynamics of the global
supply and demand. Furthermore, commodities markets remain highly fragmented thus
ripe with opportunities for significant value creation:
MARKET DEVELOPMENT & RESOURCES:
METALS & MINERALS
Globalization, consolidation along with
regional market inefficiencies allow a limited
number of focused, best in class, visionary
and integrated commodity marketing
companies a unique opportunity to extract
and create significant returns across the
VALUE CHAIN
Financial market participants are in the
consolidation phase after the exit of a
number of key players in the market
creating an opportunity for sophisticated,
strongly capitalized, physically oriented
companies to exploit.

23. Our Key Objectives
Develop an integrated and fully-diversified portfolio of
commodity based businesses with real assets across
the value chains in energy, & industrial minerals to
extract extraordinary stakeholder value.
Managing Partner along with a selected team of core
participants will lead the development of the platform.
The platform will invest globally pursuant to its
fundamental analysis of commodities, strategic market
assessments leveraging competitive advantages
through its network of experienced local talent and
strategic partnerships.
•Act with integrity, honesty and respect.
• Demand responsibility, accountability and
transparency.
• Passionate, decisive and act with urgency.
•Pursue sustainable growth with a long term view.
MISSION
ORGANISATION
VALUES

24. Energy utilities are facing increased stakeholder scrutiny, increased costs of
financing, increased competition and lack of government support and
sponsorship (explicit or implicit) for large infrastructure projects.
System operators need co-investors for the
development of infrastructure projects
(transmission lines and pipelines) since the
traditional investor owned utilities and
banks are reluctant to directly participate.
Banks are retreating; thus providing a
window of investment and partnership
opportunities for new market participants.
Furthermore, a broad based partnership
value proposition across the entire value
chain will clearly differentiate us from
larger utilities and banks.

25. Initially Russia M&A activity was dominated by domestic
consolidation.
In 2012, we expect to see Russian steel and mining
companies
target South-East Asia, Middle East, Turkey, and India for
M&A opportunities, in order to access growth opportunities
in these markets.
Inbound investment into Russia has historically been low, due
to the nationalization policy which requires companies hoping
to acquire more than a 10% stake in Russian strategic deposits
to gain permission from both the government and the Federal
Antimonopoly Service (FAS). However, it is thought that Russia
will raise the threshold to 25%, which will potentially increase
inbound investment in 2012 and beyond.
The drivers for IPOs and secondary listings remain strong,
despite the current market conditions. Both can deliver
increased global prominence and capital raising opportunities
at a time when Russian companies are increasingly looking to
grow beyond their regional borders. If market conditions
improve, we expect to see at least five major IPOs in 2012 by
mining and metals companies from Russia ,Kazakhstan &
COUNTRY ANALYSIS
:RUSSIA
Mining :M&A, Capital
raising trend

26. During 2011, outbound M&A increased significantly with
UK-based mining and metals companies undertaking more
strategic and opportunistic M&A which carried higher deal
values.Certain acquisitions provide exposure to the fast
growing Indonesian and pan-Asian region, primarily China,
South Korea, Philippines and Thailand to feed the
steel construction industry as well as utility companies and
coal trading companies.
•AIM, London’s junior market, saw a significant slowdown in
new and secondary issues across all sectors. However, the
transformational levels of funding raised by a small number
of London-listed junior miners for acquisitions and project
development demonstrated that appetite was still there for
quality stories, in spite of the prevailing market conditions.
London remains a key destination for companies
seeking to raise capital and global profile. When market
conditions stabilize, it is expected to see a number of
inbound listings from international companies seeking
to grow beyond their regional borders.
COUNTRY ANALYSIS:
UNITED KINGDOM
Mining :M&A, Capital raising
trend
OUTLOOK
While UK based companies appear to be able to afford to
make acquisitions, they remain cautious about valuation
amidst a turbulent economic backdrop, although the
current market volatility could offer up attractive targets.
We believe that during 2012, UK based mining and metals
companies will continue to look at deal opportunities on a
case by case basis and react when strategic, synergistic
targets become available, provided valuations can be
managed. Clearly, the ability to manage valuations will
depend on stability across the Eurozone, as any further
uncertainty and volatility will lead to a more complex
valuation process and will impact the cost of capital.

27. European utilities are under serious pressure from their government related
shareholders and their customer related stakeholders to reduce their share
of coal. Coal generation will however play an important role in the energy
mix, especially with the Nuclear phase out. Practically every large utility is
however getting new build coal plants in their portfolio. We expect to be able
to purchase the ‘mid life’ stations at attractive prices and to develop the
option to convert to biomass in case attractive support systems are in place
or coal or emissions prices rise significantly. Coal (or biomass) will be
supplied from our Resources portfolio and power will be majority marketed
at deal closure to large industrials and/or mid-size utilities.
Strategic
Acquisition (‘Mid-Life’Coal Plant)
The demand for coal in Asia is continuing to increase and the global
steam coal and metallurgical coal supply markets are fragmented. There
are several opportunities to acquire or to invest as a minority equity
participant in smaller producing coal mines with proven reserves in key
supply regions such as Canada, USA, South Africa and Indonesia.

28. A key bottle neck in the
coal supply markets is lack
of available terminal
capacity to supply coal to
Asia. There are several
opportunities to
participate as a minority
investor in coal terminal
infrastructure projects in
key emerging markets to
facilitate and to obtain
strategic terminal capacity
and to increase supplies
to Asia to meet additional
incremental demand.
Strategic
Acquisition :An Asian Overview

29. • Acquisitions of mines
• Equity Participations
• Joint ventures
• Diversity of supply through blending and stockpiling
• Optimization of production volumes
• Transportation and marketing optionality
• Operations and logistics flexibility and optionality
• Develop long term partnerships and third party
sales and marketing channels
Mining
Stock Piling &
Blending
Freight
Distribution
Marketing
Minerals & Metals Value Chains

30. Financials:TIME LINE FLOWCHART
Initiation Execution Maturity Partnerships
Focus on execution
set up, opportunity
assessments and
upstream strategic
acquisitions.
Develop key
midstream assets
through strategic
acquisitions and
participations.
Focus on
developing
an integrated
global
portfolio
(Production,
Transportation &
Marketing).
Focus on value
chain
optimization of
Portfolio.
Focus on
Global
Partnerships.

31. Our Proposed Next Steps

32. Our Track Record
Proven track record in developing multiple successful, highly profitable global
energy portfolios and trading firms in South-East Asia and, Africa .
Recent achievements include:

33. Presented by :VISHANT SINGH
THANK YOUTHANK YOU