Follow-Up on Captive Generation

Vince/Stinson,

Please find below two attachemnts. The Excell spreadsheet shows some
calculations on the savings from using Dabhol power as against a diesel
genset operating at a higher heat rate. There is also a differential in
price of diesel, as against naphtha used by the plant. I have taken data
from the Septemeber bill of DPC. We do not want to give the actual numbers
to the press, since they ar likely to have a field day with the 6 cent/kWh
energy price of Dabhol that is reflected there.

The seond attachement (Word) has the wordings that I think we can send in to
the press. Please review the calculations and the note, ad if you find this
satisfactory, please forward to Jeff/s.

I am availabel on mobile if you have questions o clarifications. The number
(610 MW) for total captive generation in Maharashtra) is taken from Mohan
Gurunath's presentation on this.

Regards,
Sandeep.