General Updates

No. SEA202627046 18th September 2026 BSE Limited National Stock Exchange of Calcutta Stock Exchange Phiroze Jeejeebhoy India Limited 7, Lyons Range, Towers, Dalal Street, Exchange Plaza, C- 1,Block G, Murgighata, Dalhousie, Mumbai – 400001 Bandra-Kurla Complex, Kolkata, West Bengal – Scrip ID: 526371 Bandra (East), Mumbai – 400051 700001 Scrip ID: NMDC Scrip ID: 24131 Sub:- Press Release – NMDC sets Net Zero target for operational emissions by 2047. Please find enclosed a Press Release titled ‘NMDC sets Net Zero target for operational emissions by 2047’. This is for your kind information. Thanking you, Yours faithfully, For NMDC Limited (Aniket Kulshreshtha) Company Secretary & Compliance Officer PRESS RELEASE NMDC sets Net Zero target for operational emissions by 2047 Hyderabad: State-run iron ore producer NMDC Limited has set a target to achieve Net Zero operational emissions by 2047, covering Scope 1 and Scope 2 emissions arising from direct fuel consumption and electricity consumption, respectively. The company has taken the decision as part of its commitment to progressively reduce the carbon footprint of its operations and transition towards lower-carbon mining practices. Under its Net Zero roadmap, the company has identified six key strategies — energy efficiency, renewable energy integration, electrification of its fleet, adoption of low- carbon fuels, Carbon Capture, Utilisation and Storage (CCUS), and demand-side management. The company has set an overall target of a minimum 90 per cent reduction in operational emissions as part of its Net Zero pathway, with the remaining emissions to be addressed through offsetting measures as the roadmap progresses. NMDC has already undertaken several initiatives aimed at increasing the share of renewable energy and reducing dependence on conventional energy sources. These include a 10.5 MW wind energy facility at Chitradurga and solar power installations across its projects. Going beyond Scope 1 and Scope 2, the company’s logistics infrastructure is also expected to contribute to its decarbonisation efforts. The upcoming slurry pipeline project is expected to provide a greener downstream transportation solution by reducing dependence on conventional transportation and associated warehousing requirements. Further, NMDC plans to increase the movement of iron ore through rail freight, supported by the doubling of railway lines and other supply infrastructure being developed around its operations. Greater use of rail transportation is expected to help reduce the carbon intensity associated with the movement of minerals. The Net Zero roadmap has been divided into three phases. The short-term phase will cover FY 2026 to FY 2030, followed by the medium-term phase from FY 2030 to FY 2040, while the long-term phase will run from FY 2040 to FY 2047. The company plans to progressively implement the identified measures across these three phases, with energy efficiency, renewable energy adoption and electrification expected to form key components of the initial transition, followed by deeper decarbonisation measures and emerging technologies in the subsequent phases.