Building High-Quality Electric Power Infrastructure for the Future CSIS Quality Infrastructure Conference December 15, 2016

Mitsubishi Hitachi Power Systems, Ltd., Formed Feb.1 2014 >68K Employees $30.3B Revenue >300K Employees $119B Revenue Thermal Power Business >20K Employees $13.1B Revenue Slide 2

Industry Leading Power Generation, Environmental and Technology Solutions Gas Turbine Combined Cycle (GTCC) Power Plants Gas Turbines Boiler & Steam Turbine Generation Plants Environmental Equipment (SCR/ ESP/ FF/ FGD/ ZLD) Boilers Steam Turbines / Generators Integrated Gasification Combined Cycle(IGCC) Power Plants Support for Intermittent Renewable Generation Plant Control Systems CCS (MHI &MHPS) Fuel Cells Geothermal Power Plants

MHPS Asia Pacific (Singapore) Alabang Service Center MHPS Global Network Brazil Venezuela U.S.A. Mexico Australia Canada India U.A.E. Egypt Morocco South Africa Saudi Arabia Italy China Korea Philippines Thailand Singapore Indonesia Germany UK Romania DHME (China) Office Office with machinery works L&T MHPS JV MHPS Canada MHPS Americas CBC MHPSA SFES MHPS Europe (UK) (Germany) MHPS Savannah Machinery Works Orlando Service Center MHPS Asia Pacific (Singapore) MHPS Philippines Alabang Service Center MHPS LAT MHPS India MHPS-ZAF 57 Group Companies in 26 countries with more than 20,000 employees

Engineering and Manufacturing Developing Local Talent for Advanced Power Infrastructure Local employees play crucial rules in MHPS group companies worldwide. Training for customers / partners on high-quality fabrication techniques at MHPS manufacturing facilities, locally as well as in Japan and in the U.S. On site training by MHPS technical advisors during construction & commissioning. Engineering and Manufacturing Construction Site Engineering Erection Manufacturing Commissioning Manufacturing

MHPS Technology for Reducing Life Cycle Cost of Electricity Coal Firing 1000 High Subcritical Supercritical(SC) CO2 Emissions （g/kWh） NOx, SOx, PM Ultra-SC(USC) Advanced USC(A-USC) IGCC 500 GTCC (1100℃ class) GTCC (1300℃ class) GTCC (1600℃ class) Natural Gas Firing Low 40 45 50 55 63 Efficiency (%LHV)