Company Profile. 1. The Facts. Name of the company: Panoramich Technology Private Limited (PTPL)

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Company Profile 1. The Facts Name of the company: Panoramich Technology Private Limited (PTPL) Address of the company: D- E1, Floor 17, High & New Tech Plaza, 398, Xi Er Huan Road, Kunming 650118, P. R. China Telephone No.: 0871 8312725 or 8329658 or 8329586 Fax No.: 0871 8323412 E- mail: chinaptpl@126.com Website: www.ptpl.com.cn Company registration No.: 5301002851081 Tax registration No.: 530112745256588 2. The briefs M/S: Panoramich Technology Private Limited was registered in the year of 2002 under the Company Law of the Government of P. R. China with its registered office at D- E1, Floor 17, High & New Tech Plaza, 398, Xi Er Huan Road, Kunming 650118, P. R. China. The Import & Export license was granted to the Company in the year of 2003 by the Chinese government authorities. The Company is targeted to provide the complete professional package solutions from explosive manufacturing till the evacuation of the power to the grid as follows: Explosives Manufacturing Coal Mining Clean Coal Technology (Coal Washery) Power Generation The Company has its own registered employees of 24 working in the head office in Kunming, P. R. China and has the un- registered senior consultants of 6 peoples who are working in the fields of explosive manufacturing, mining, Coal washery and power generation. 1

The geographic area of the business activities of the Company covers China, South- East Asia, South Asia and North America. 3. The organization chart Board of Directors Managing Joint Managing Director Director Engineering Project Marketing Administrative Finance Logistics Risk Investment 4. The detailed business activities in India The detailed business activities in India are described as follows: 4.1 For Coal Washery Projects Engineering & Construction n The Company has engineered and constructed the coal washery projects in China with the total beneficiation capacity of more than 10.0MMt. Per year. n The Company has engineered and constructed the coal washery project for M/s: Global Coal & Mining Pvt. Limited at Talcher of Orissa in the year of 2003 with the beneficiation capacity of 0.5 Mt. per year. n The Company is bidding the UG 1.0 Million Metric tonnes project at Dhanbad under BCCL and the process is going on as on date of 30.05.2011. n The Company is associated with M/s: Sainik Aryan Group for its 10.0 Million Metric tonnes Coal washery project to be installed in A. P. State of India. 4.2 For Explosives Projects engineering & Construction n The Company had engineered and constructed the emulsion explosive manufacturing project for M/s: Amin Explosives Pvt. Limited, India in the year of 2003 with the capacity of 5,000 tonnes per year. 2

The Company is updating the explosive production line now for M/s: Amin Explosives Pvt. Limited to achieve the annual emulsion explosive production of 15,000 Metric tonnes with the continuous and automatic provision. The Company had engineered and constructed the plain detonator project for M/s: Rajasthan Explosives & Chemicals Limited, India in the year of 1997 with the capacity of 30.0 million per year. The company had engineered and constructed the emulsion explosive manufacturing project for M/s: Rajasthan Explosives & Chemicals Limited, India in the year of 2003 with the capacity of 5,000 tonnes per year. The Company has engineered and constructed the emulsion explosive manufacturing project for M/s: Special Blasts Limited, India in the year of 2004 with the capacity of 3,000 tonnes per year. 4.3 For Power Generation Projects Starting from July of 2005 the Company ventured into the power projects in India, Indonesia and Vietnam with the close association with M/s: Wuxi Huaguang Boiler Limited who is the reputed boiler manufacturer and M/s: Nanjing Turbine Limited who is the manufacturer of the steam turbine and generator. As on date the Company has made the following achievements: The Company has implemented the 1 x 35MW BTG package for M/s: Chhattisgarh Steel & Power Limited in the year of 2008. The Company has implemented the 1 x 8MW Boiler package for M/s: Sheshasaila Power Engineering Pvt. Limited. The Company has implemented the 3 x 10MW boiler packages for M/s: MSM Energy Pvt. Limited. As on date the job at hands of the Company are as follows: The Company is working as the liaisoning agent for M/s: KVK Nilachal Power Private Limited for its 3 X 350MW sub critical Thermal Power project in Orissa state of India. The work scope of the Company mainly covers: Ø The identification of the BTG contractor. Ø The identification of the auxiliaries sub vendors. Ø The floating of the tenders for the various equipments and contractors. Ø The negotiation of the contracts. Ø The inspection of the various equipment during fabrication stage. 3

Ø The inspection of the packing and logistics. Ø The coordination of the engineering activities as well as the construction activities. n The Company is acting as the liaisoning agent as well as the consultant for M/s: Cosmos Sponge & Power Limited for its 1 X 350MW super critical Thermal Power Project in Chhattisgarh State of India. The work scope mainly covers: Ø The day to day communication between the owner and the various equipment manufacturers. Ø The arrangement of the visiting to the various power projects in commercial operation for the 350MW super critical thermal power projects in China. Ø The arrangement of the visiting to the various equipment manufacturers in China. Ø Preparation of the QAP for the BTG packages to be procured from China. Ø Assistance to prepare the DPR by collecting all the required data from China equipment and power plants. Ø Preparation of the tender specifications for the major equipment to be floated in China. Ø Inspection of the fabrication of the various equipment in China. Ø Identification of the engineering agency for BTG package from China and float the tender specifications. Ø Identification of the sub vendors for the auxiliaries manufacturers in China and float the tenders here in China. Ø Project site construction activities coordination. Ø Assistance for the commissioning of the project. n The Company is implementing as the Boiler package contractor for M/s: Shanti G.D. Power Private Limited for its 15MW biomass project at Champa of Chhattisgarh State of India. n The Company is acting as the consultant and will be act as the BTG contractor for M/s: KJSL Steel and Power Private Limited for its 1 X 50MW washery rejects based thermal power project in Korba of Chhattisgarh State of India. Since last 5 years of entering into the power generation market in India the Company has established the close cooperation relationship with the following Chinese Companies: Ø M/s: Nanjing Turbine Company Limited Ø M/s: Nanjing Turbine Project Engineering Limited Ø M/s: Wuxi Huaguang Boiler Limited Ø M/s: Jinan Boiler Limited Ø M/s: Qingdao Jieneng Turbine Limited Ø M/s: Shanghai Air Fan Limited Ø M/s: Shanghai KSB Limited Ø M/s: Beijing Mills Limited Ø M/s: Shanghai Mills Limited Ø M/s: Changchun Mills Limited Ø M/s: Shenyang Mills Limited Ø M/s: Shanghai Electric Power Equipment Workshops Ø M/s: Harbin Boiler Limited 4

Ø M/s: Harbin Turbine Limited Ø M/s: Harbin Generator Limited Ø M/s: Shanghai Turbine Limited Ø M/s: Shanghai Boiler Limited Ø M/s: Shanghai Generator Limited Ø M/s: Dong Fang Boiler Limited Ø M/s: Dong Fang Turbine Limited Ø M/s: CCI Valves Limited Ø M/s: Hangxiao Steel Structures Limited Ø M/s: Changzhou Steel Structures Limited Ø M/s: Anhui Honglu Steel Structures Limited Ø M/s: BV - - - IBR third party Inspecting agency 4.4 For Manufacturing and Marketing of the explosives n The Company is manufacturing of 16,000 tonnes of explosives per year. n The Company is marketing of 35 million meters of detonating tube per year to India, Burma, Korea, etc. n The Company is marketing of 1200 tonnes of the cast booster to North America. n The Company is marketing of 40 million numbers of lead tube delay element per year to India, Indonesia, Burma. 5. The vision of the Company Be it the manufacturer or the EPC contractor for various projects PTPL understands that making a project/product is an investment which should bring the reliable return to the client. Based on this concept PTPL will maximize the benefit for the client through its industrial perceptions. The Company believes in that the devotion and the reliability are as fundamental as technical expertise in providing the excellent tailored services to our clients to create wealth. 5