Reliance Power Limited

I Block,

Dhirubhai Ambani Knowledge City (DAKC), Thane Belapur Road, Koperkhairane

Navi Mumbai – 400 710, India

Phone: +91 22 303 86600Fax : +91 22 303 86999

www.relianceada.com

Press Release 11th July, 2011

Reliance Power’s 3,960 MW Krishnapatnam Ultra Mega Power Project (UMPP) gets approval for Carbon credits from United Nation Framework for Carbon Credits (UNFCCC).

The project will generate 12.3 million carbon Credits during the 10 year period.

Value of Carbon credits from the project estimated at INR 1,100 Crores during the initial 10 year period.

Reliance Power has now two out of its three UMPPs registered with CDM- Executive Board (CDM-EB)

Value of Carbon Credits for Reliance Power, from both Krishnapatnam and Sasan Projects, are estimated at over INR 3,000 Crores during the initial ten year period of operations.

With the registration of Krishnapatnam UMPP, Reliance Power has consolidated its position as world leader, in terms of:

The largest capacity registered with CDM-EB (7,920 MW) since the inception of CDM.

The largest supplier of CERs among Indian Power Generation companies – 3.48 Million CERs per year.

Mumbai, July 11, 2011: Reliance Power’s imported coal-based 3,960 MW Krishnapatnam Ultra Mega Power Project (KUMPP), has been registered with Clean Development Mechanism Executive Board (CDM-EB) of United Nations Framework Convention on Climate Change (UNFCCC).

CDM registration allow Reliance Power’s KUMPP to earn Certified Emission Reductions (CERs), each equivalent to one tonne of CO2. These CERs can be traded and sold, and will result in significant revenues for Reliance Power.

With the CDM registration of Krishnapatnam UMPP, Reliance Power has further strengthened its position as the world leader with CDM power generation capacity of 7,920 MW.

Reliance Power’s 3,960 MW Sasan UMPP became the first UMPP to be registered with UNFCC for carbon

credits earlier this year.

With the registration of Krishnapatnam UMPP with CDM-EB, Reliance Power has become the largest supplier of CERs among the Indian power generation companies with 3.48 million CERs.

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

Reliance Power will generate approximately 34.8 Million CERs during the initial for the initial 10 years of operation with the expected incremental Revenue from the sale of CERs of over 3,100 crore.About Krishnapatnam Project:

Reliance Power’s Krishnapatnam UMPP is a 3,960 MW (6 units of 660 MW each) super critical technology based on imported coal at Krishnapatnam, Nellore district, Andhra Pradesh, India.

Coastal Andhra Power Limited has entered into a 25 year Power Purchase Agreement (PPA) with the off- takers of power for its entire capacity at a competitive tariff of Rs. 2.33 per kWh. The project would supply power to 11 off-takers in 4 states.

The estimated project cost is about Rs. 17400 crores

About Reliance Power:

Reliance Power Limited, a part of the Anil Dhirubhai Ambani Group, is India’s leading private sector power

generation Company. Reliance Power is implementing power projects with aggregate capacity of over 37,000

MW, by far the largest development portfolio in the country. The Company also has the largest coal reserves in the private sector – estimated at more two billion tones.

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