Slide 1: Executive Summary Macroeconomic Indicators Slide 2: GDP at Factor Cost: Quarterly (2010-11, 2011-12, 2012-13, 2013-14), Inflation Rate: Monthly (Jul 2013 - Dec 2013) Slide 3: Gross Fiscal Deficit: Monthly (Feb 2013 - Jul 2013), Exchange Rate: Half Yearly (Aug 2013 - Jan 2014) Slide 4: Lending Rate: Annual (2008-09, 2009-10, 2010-11, 2011-12), Trade Balance: Annual (2009-10, 2010-11, 2011-12, 2012-13), FDI: Annual (2009-10, 2010-11, 2011-12, 2012-13) Introduction Slide 5: India - Energy Scenario and Region-Wise Installed Capacity Slide 6: India - Energy Demand-Supply Forecasts (2006-07, 2011-12, 2016-17e) Slide 7: Renewable Energy Scenario, Energy Market Segmentation and Renewable Energy Market Segmentation Slide 8: Relevance of Solar Power in Indian Power Sector Slide 9: Classification of Solar Photovoltaic cells Slide 10: Types of PV Systems Slide 11-12: Solar Photovoltaic Market - Overview of Applications Market Overview Slide 13: Solar Photovoltaic - Market Overview, Cumulative PV Installed Capacity - Growth (2009 - 2018e) Slide 14: Solar Photovoltaic - Quarterly Capacity Additions(Q1 2013 - Q4 2013), Policy - Wise Capacity Contribution (2013), PV Modules Used: Segmentation (2012) and Indian Solar Photovoltaic Manufacturing Capacity (2012) Slide 15: Solar PV Map - India (Top 10 States; As on March 2014) Slide 16-17: State wise Installed Capacity of Solar PV Projects under Various Scheme (As on Jan 2014) Supply Chain Analysis Slide 18: Photovoltaic Cell - Supply Chain Drivers & Challenges Slide 19: Drivers and Challenges - Summary Slide 20-24: Drivers Slide 25-27: Challenges Government Initiatives Slide 28: Government Participation - Summary Slide 29-34: Major Government Bodies and Key Initiatives and Programmes Trends Slide 35: Key Trends - Summary Slide 36-40: Major Trends in the Market Recent Developments Slide 41: National Solar Mission Slide 42: State Policies Slide 43-47: Renewable Purchase Obligation Competitive Landscape Slide 48: Porter's Five Forces Analysis Slide 49-53: Competitive Benchmarking (FY 2013) Slide 54-69: Major Public Players Slide 70-99: Major Private Players Strategic Recommendation Slide 100: Key Strategic Initiatives Appendix Slide 101: Key Ratios Description Slide 102: Sources of Information

Macro Economic Indicators 1. GDP at Factor Cost: Quarterly (2010-11, 2011-12, 2012-13, 2013-14) 2. Inflation Rate: Monthly (Jul-Aug 2013 - Nov-Dec 2013) 3. Gross Fiscal Deficit: Monthly (Feb 2013 - Jul 2013) 4. Exchange Rate: Monthly (Oct 2013 - Mar 2014) 5. Lending Rate: Annual (2008-09, 2009-10, 2010-11, 2011-12) 6. Trade Balance: Annual (2010-11, 2011-12, 2012-13, 2013-14) 7. FDI Annual (2009-10, 2010-11, 2011-12, 2012-13) Introduction 1. India Energy Demand - Supply Forecasts (2006-07, 2011-12, 2016-17e) 2. Energy Market Segmentation (Jul 2014) 3. Renewable Energy Market Segmentation (Jul 2014) Market Overview 1. Cumulative PV Installed Capacity - Growth (2009 - 2018e) 2. PV Modules Used - Segmentation (2012) 3. Indian Solar PV Manufacturing Capacity (2012) 4. Quarterly Capacity Additions(Q1 2013 - Q4 2013) 5. Policy - Wise Capacity Contribution (2013) Drivers & Challenges 1. Benchmark Capital Costs for Solar PV (2009-10, 2010-11, 2011-12, 2012-13, 2013-14, 2014-15e) 2. Solar PV Power Tariff Rate Trends (2010-11, 2011-12, 2012-13, 2013-14) 3. Coal Imports (2008-09, 2009-10, 2010-11, 2011-12, 2012-13, 2013-14) 4. Peak Power Shortage (2010 - 2015e) 5. Per capita Power Consumption (2010, 2015e) 6. Time of Commissioning Various Types of Renewable Energy Projects 7. Capital Required for Various Types of Renewable Energy Projects 8. Import of PV Cells from China (2009, 2010,2011,2012,2013,2014) Competitive Landscape 1. Competitive Benchmarking - Key Ratios of 3 Major Companies - Operational & Financial Basis (2012-2013) 2. Company profiles (All Companies) a. Ownership Structure (Private Companies) b. Financial Snapshot c. Key Business segments (Public Companies) d. Key Geographic segments (Public Companies Introduction 1. PV Cells - Overview Market Overview 1. Solar PV Map - India (Top 10 States) 2. State wise Installed Capacity of Solar PV Projects under Various Scheme Government Initiatives 1. Jawaharlal Nehru National Solar Mission (JNNSM) Targets (2020) Trends 1. Investments in Domestic Solar PV Power Producing Industry Recent Developments 1. State Policies 2. Analysis of State-Wise RPO Regulation Across India Competitive Landscape 1. Public Trading Comparables 2. Company Profiles (All Companies) a. Company Information (All Companies) b. Products and Services (All Companies) c. Key People (All Companies) d. Shareholders of the Company (Private Companies) a. Key Financial Performance Indicators (Public Companies) e. Key Ratios f. Business Highlights (All Companies) Appendix 1. Key Ratios Description 2. Sources of Information

Public Companies 1. Websol Energy System Ltd. 2. Moser-Baer India Ltd. 3. Indosolar Ltd. 4. XL Energy Ltd. Private Companies 1. EMMVEE Photovoltaic Power Pvt. Ltd. 2. Su-Kam Power Systems Ltd. 3. Tata Power Solar Systems Ltd. 4. Photon Energy Systems Ltd. 5. Central Electronics Ltd. 6. Vikram Solar Pvt. Ltd.