1. Bangladesh-India Friendship Power Company (Pvt.) Limited (A Joint Venture of NTPC Ltd and BPDB) Registered Office : Bidyut Bhaban (14th Floor), 1 Abdul Gani Road, Dhaka-1000, Bangladesh 04.05.2014PROGRESS REPORT-APR'20141 2X660 MW MAITREE SUPER THERMAL POWER PROJECT PROGRESS REPORT FOR THE MONTH OF APRIL’ 2014

2. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT SNDescriptionPage No Remarks 1Management Summary Progress Report  Corporate Activities3  Site Activities4  Financial Progress5 2Status of Critical Inputs6 3Pending Critical Approval7 4Major Initiatives taken during this Month8 5Sch.of Activities planned for next 6 months9 6Progress Photographs10 04.05.2014PROGRESS REPORT-APR'20142 INDEX

3. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT Appointment of Owner’s Engineer: Appointment of M/S Fichtner GmbH as Owner’s Engineer has been approved in 8 th Board Meeting. Notification of Award issued on 24 th April 2014. Appointment of Coal Consultant : Pre-proposal meeting held on 10 th April ‘14. Environment Management: 1 st Quarterly monitoring of Environment parameters done by M/S CEGIS. Report expected in 2 nd week of May. 04.05.2014PROGRESS REPORT-APR'2014 3 Management Summary Highlights – Progress: Corporate Activities Boundary wall, Slope protection & Additional area filling: Negotiation held with M/S BDPL. Contract Finalized. Notification of Award issued. Pre-fabricated Site Office : Technical specification Finalized. Substation Package: Bid opening on 15 th May’14. Consultancy for Gate Complex: Contract is at finalizing stage.

4. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT Pontoon Jetty foundation protection wall made. Pontoon stair erected. 33/11 KV Line 200 KVA both the transformers erected. Cable laying completed. Site filling work completed. Micro-leveling & compaction in progress. Earthen dyke preparation in progress, for slope protection. 1500 m/ 5400 m completed. Main Plant Fencing work in progress. 04.05.2014PROGRESS REPORT-APR'2014 4 Highlights - Progress : Site Activities

5. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT 04.05.2014PROGRESS REPORT-APR'2014 5 Financial Progress (FY-2013-14) DescriptionAmount in BDTRemarks Cumulative Expenditure during Jul’13 – Mar’14 70,66,12,820Major expenditure on account of Site filling(6200 L.), Rest House/Helipad /Road etc (3 00L.), procurement of Jeep(70 L), Porta Cabin(48L), DG set(20L), Pontoon(40L), Site leveling (2113 L), Environment Monitoring (44L) Expenditure during Apr’14 57,40,111Major expenditure on account of WZPDCL security deposit (34 L) Cumulative Expenditure during FY-2013-14 71,23,52,931 Value of Work/Purchase Order placed in Mar’14 1,57,5201 Work/Purchase Order placed in Apr’14

6. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT 04.05.2014PROGRESS REPORT-APR'20146 Status of Critical Inputs Sl. No Required inputAnticipated dateRemarks 1a) Startup power b) Power evacuation system 2016-17 2017-18 Meeting held with Secretary (Power) & PGCB. Joint.Secy (Dev) stressed finance source finalization 2Access road (6.0 km long) May ‘16 (critical) Govt. approval already available. Meeting held with LGED for expediting the Design activities & Award of Contract. 3.Cap. dredging: a) Mongla port to outer bar. b)Port to project June 2014 March 2016 Meeting held with Chairman, Mongla Port Authority on 24 th April 2014, regarding the scope of service & preparation of DPP.

7. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT 04.05.2014PROGRESS REPORT-APR'20147 Pending Critical Approvals IssueStatus  SEC Approval  For raising Capital Exceeding BDT 10 Crs.  For not Listing in Stock Exchange Approval given by SEC for raising initial capital (BDT 16 Cr.). We have to apply separately for additional capital induction, as per requirement. SEC will accord approval separately.  Coal Sourcing, Supply & Transport Agreement Nine (09) consultants shortlisted for Coal Consultancy. Pre-Bid conference held on 10 th April, 2014.  Land Lease agreementDraft agreement is under finalization. Being reviewed by NTPC & BPDB. Finalization of land lease agreement anticipated by Mid May’14.

8. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT Owner’s Engineer : Negotiation held and Notification of Award issued. Pre-Proposal meeting held for Coal Consultancy. Meeting held with Chairman, Mongla Port Authority regarding the scope of service & preparation of DPP for Capital Dredging. 04.05.2014PROGRESS REPORT-APR'2014 8 Major Initiatives taken during this month Tax consultant engaged. Meeting held with HSBC Bank regarding appointment of Finance Consultant cum Arranger. Notification of Award issued to BDPL for “Boundary wall, Slope protection, preparation of Earthen Dyke & Additional Land Filling.

9. 2X660 MW MAITREE SUPER THERMAL POWER PROJECT 04.05.2014PROGRESS REPORT-APR'20149 Schedule of activities Planned for next six months SNActivityTarget 1Signing of Agreement with Owner’s EngineerMay’14 2Bid opening for Coal ConsultancyMay’14 3Issue of NOA for Boundary Wall, Slope ProtectionMay’14 4Showcasing of project with ECA agencies and Equipment Suppliers Apr-May’14 5EPC Tender Document FinalizationJul’14 6EPC Tender Enquiry FloatingAug’14 7Appointment of Coal ConsultantAug’14 8Bid opening of EPC PackageOct’14

10. Bangladesh-India Friendship Power Company (Pvt.) Limited (A Joint Venture of NTPC Ltd and BPDB) Registered Office : Bidyut Bhaban (14th Floor), 1 Abdul Gani Road, Dhaka-1000, Bangladesh 04.05.2014PROGRESS REPORT-APR'201410 Main Plant Fencing work in Progress

11. BANGLADESH- INDIA FRIENDSHIP POWER COMPANY (PVT.) LTD. 04.05.2014PROGRESS REPORT-APR'201411 PARTNER IN PROGRESS