Clarifies on News Item

• Security Code: 533122
• Company: RTNPOWER

With reference to the news item appearing in a leading financial daily newspaper titled "Adani eyes Indiabulls' power plant", Indiabulls Power Ltd has Clarified to BSE that the Company keeps the exchange informed about events, information etc, including price sensitive information, in accordance with regulatory requirements. Further, the aforesaid news item is denied and the Company would not like to respond to any market speculations / rumors.

However, as one of the eminent power companies of the country, the Company keep on looking for business opportunities. In the event that there is any development that requires disclosure, the Company will make the same In accordance with regulatory requirements.