Sarda Energy & Minerals Limited has awarded a contract for installation of solar power plant of 50 MW DC in Chhattisgarh for meeting the captive requirements of the Company's production and mining facilities. The details of the same are as follows: name of the entity to which order(s)/contract(s) is awarded; Gensol Engineering Limited, whether order(s) /contract(s) is awarded to domestic/international entity Domestic Entity significant terms and conditions of order(s)/contract(s) awarded, in brief; Design engineering, procurement, construction and commission of solar power plant. Time period, if any, associated with the order(s)/contract(s): 6 - 9 months from signing of Letter of Intent.

Broad commercial consideration or size of the order(s)/contract(s): 1,500 million (approx.). Whether the promoter/promoter group/group companies have any interest in that entity to whom the order(s)/contract(s) is awarded? If Yes, nature of interest and details thereof: No.

Whether the same would fall within related party transactions? If yes, whether the same is done at "arm's length": No.