About the Organization.

CHEMOIL-ADANI is a major bunker supplier at India. Chemoil-adani is a physical supplier at Gujarat ports where supply is arranged from world class bunkering terminal at mundra. Supplies at other ports are arranged through Indian stated owned companies. Chemoil-Adani Private Limited is an exclusive joint venture agreement between Chemoil and NSE-listed Adani Enterprises Limited (NSE: ADANIENT). The joint venture company is 50:50 owned by Chemoil and the Adani Group with equal representation on the Board. The Adani Group is developer of the Mundra Port and one of Indias most dynamic conglomerates with diversified businesses. Chemoil-Adani Private Limited is supplying marine fuel in the Mundra port as its first step to expanding presence throughout the Pan-Indian fuel oil and petroleum products market. The company leases storage terminal facilities from the Mundra Port Special Economic Zone. The port is currently implementing a robust infrastructure upgrading program to expand its capacity and efficiencies, which will enable the joint venture to exert tighter control on operations to manage costs and ensure reliable fuel delivery. The service is led from Mundra Port, the largest private port in India located in the western state of Gujarat. The commencement of operations marks Chemoil as the first international bunker supplier to have officially entered the Indian market, and strengthens Chemoils position to expand presence throughout the Indian fuel oil and petroleum products market. Besides Mundra, supplies will also be made at the following ports of Gujarat Kandla, Sikka, Jamnagar, vadinar, hazira , Bedi and also other Indian ports like Mumbai, Goa, New Mangalore, Cochin, Chennai, Haldia, Tuticorine and Vizag. The supply infrastructure based at Mundra Port is owned and operated by the Adani Group, with storage terminal facilities leased from the Mundra Port Special Economic Zone. There is currently an aggregated capacity of 90,000 cubic meters (cbm) that is available for fuel products storage, which can be increased to 120,000 cbm in line with market demand. Additionally, the ports upgrading program to develop infrastructure and expand capacity is currently in progress. This enhances the joint ventures ability to exert tighter operational control to manage costs and ensure reliable fuel delivery. Chemoil-Adanis product offerings will include IFO 380 cst (RMG 380), IFO 180 cst (RME 180) and MGO (DMA). Fuel deliveries at Mundra will be made via pipelines to all 12 berths, while supplies to the other ports will be via a combination of Adani-owned and chartered barges AEL 1, AEL2, KAMAL XXI, HOPE ISLAND 1, HOPE ISLAND 2. All fuels sold comply with ISO8217:2005 and Marpol Annex VI. With these measures in place, customers will benefit from the consistently high-quality products and services that Chemoil provides worldwide.

About Mundra Port and Special Economic Zone:Mundra Port and Special Economic Zone Ltd is promoted by the Adani Group. The Adani Group started as a trading house in 1988 and has since grown to become one of India's most trusted and fastest growing conglomerates with diverse ventures spanning Commodity Trading, the Development of Infrastructure and Energy. Mundra Port is one of the most facilitated ports for the offloading and warehousing of liquid cargo with the following facilities:

9 Nos. Dock Pipelines with diameters ranging from 8 inch to 24 inch (including 8" dia Stainless Steel line), connecting Liquid berths to the shore tanks. Dedicated pump with individual tank for road tanker loading (88 pumps) 88 loading bays for uninterrupted delivery from every tank i.e. 3 road tanker simultaneous loading from individual tank and 12 unloading bays. Bulk Bitumen storage tank facility inside port. 2 tanks each of 3000 Kiloliter and one service tank of 430 KL Fire fighting, nitrogen, hot water circulation, effluents treatment plant (ETP) and oilwater separator systems 9 pump houses and 7 Weighbridges in the liquid terminal Tank terminal with 97 tanks with total storage volume of 4,25,624 kiloliter for storage of various liquids like edible oils, petroleum products, bitumen in bulk and chemicals. All Pipelines with cup pigging system for pushing pipe line product and effective cleaning of pipe line. Export pumps installed 300x4 Nos. and 500x 3 Nos. cu.m/HR for export from tank to vessel. Encl-9 tanks (16 nos.) with Radar Gauges and Mass flow meters at delivery end. Rail connectivity for vegetable oil loading/unloading

Marine Services:Mundra Port provides the following marine services to vessels:

Fresh water services Bunker services (fuel HSD / gas oil and lubes) at a competitive price Reception facilities for sludge and slop Garbage collection facilities Fire fighting services on demand Gangway security Fresh provisions and stores Bonded store items Sign-on and sign-off facility with direct flights to Mumbai Medical facilities The ports own fleet of tugs.

Mundra SEZ Benefits:Mundra SEZs offer a host of benefits that facilitate operations for in-zone industrial units. Besides the Government of India benefits, the Gujarat government has also designed a policy that offers added incentives to the in-SEZ industrial units. The SEZ at Mundra will be spread over 100 Square kilometers, providing excellent flexibility in are as follow: Single Window Clearance for statutory requirements.

Waiver of routine Customs examination of imports and exports. Clearance of Export consignments on self-certification. 100% FDI permitted through the automatic approval route except the negative list. Relaxed labour policy specifically for SEZ units (Applicable only in Gujarat). Freedom to realize and repatriate export proceeds within 12 months. No limit on quantum of DTA sales. Foreign investments allowed for items generally reserved for the Small Scale sector Contract manufacturing permitted with units outside the SEZ or in other SEZs.