1. TRANSPORT GASIFIER & ITS APPLICABILITY TO INDIAN COAL TRANSPORT GASIFIER & ITS APPLICABILITY TO INDIAN COAL

2. An Emerging Market North America Central & South America Western Europe Eastern Europe & Former U.S.S.R Africa Asia & Oceania Middle East >60% of World Fossil Energy Reserves are in Coal Relative Energy Resources Recoverable Coal Natural Gas Reserve Crude Oil Reserve

3. The Availability Source: International Energy Outlook 2004 Low Rank 54% High Rank 46% Low Rank 99% High Rank 1% Low Rank 65% High Rank 35% Low Rank 8% High Rank 92% Low Rank 58% High Rank 42% Low Rank 48% High Rank 52% Low Rank 2% High Rank 98% Low Rank 46% High Rank 54% Low Rank 0% High Rank 100%

4. The Value Coal Power CTL Liquid Fuels Transport Gasifier Fertilizers Petrochemicals Chemicals

5. Mature FCC technology

6. Partnership with Southern

7. Orlando Gasification Project 285MW IGCC Owned by Orlando Utilities Commission 50% DOE Funded Operational June 2010 Existing Stanton CC New Combined Cycle Gasifier Island New Coal Conveyor Gas Cleanup Subsystems and Booster Compressor New Cooling Tower

8. Mature FCC technology Fluid Catalytic Cracker

9. Operates at low temperature

10. Scale up experience

11. Coal Types

12. Indian Coal Testing Tested washed and raw Indian coal –Raw coal 40% ash –Washed coal 39% ash 87% Carbon conversion Heating value 6700 Btu/lb

13. Coal to Liquids Air Separation Unit Coal Gasification Fischer- Tropsch Synthesis Hydrocrack Air Wax Naphtha Hydrocarbons CO + H 2 Oxygen Nitrogen Coal

14. Coal to Liquids Issues Economy of scale Polygeneration – power, fertilizers, etc Siting Off taker Funding

15. Coal Value Chain