DLF POWER LIMITED          
           
 SCHEDULE 2          
 RESERVES AND SURPLUS          (Rs.in lacs)
   As at     Additions    As at 
   March 31,2003        March 31,2004
           
            
 Capital redemption reserve                  1,400.02                                   -                          1,400.02
 Contingency reserve                     900.00                                   -                            900.00
 Profit and loss account                  4,499.64                          645.89                       5,145.53
   --------------------------------------------------  ---------------------------------------------------------------------    --------------------------------------------------
                   6,799.66                          645.89                       7,445.55
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