Press Release

NLC India Limited (‘Navratna’ - Government of India Enterprise) Registered Office: No.135, EVR Periyar High Road, Kilpauk, Chennai-600 010. Corporate Office: Block-1, Neyveli-607 801, Cuddalore District, Tamil Nadu. CIN : L93090TN1956GOI003507, Website: www.nlcindia.in email: cosec@nlcindia.in Phone: 044-28369139 Lr. No. NLC/Secy/LODR/2026 Date: 23.06.2026 To To National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, C-1, Block G, Phiroze JeeJeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (E) Mumbai – 400 051. Mumbai - 400 001. Scrip Symbol : NLCINDIA Scrip Code: 513683 Sir/Madam, Sub: Intimation under SEBI (LODR) Regulations, 2015 – Press Release We furnish herewith a copy of Press Release dt. 23.06.2026 for your reference and record please. Thanking You, Yours Faithfully, For NLC India Limited, Company Secretary & Compliance Officer Encl: As above CCD/E/046/2026 Date: 23.06.2026 PRESS RELEASE NLC India Limited Signs MoU with Indian Oil Corporation Limited for Development of large scale Renewable Energy (RE) projects including Solar, Wind, Hybrid Power. In a significant step towards strengthening India's clean energy transition and supporting the nation's vision of "Viksit Bharat" and Net Zero Carbon, NLC India Limited (NLCIL) has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) for formation of a Joint Venture (JV) for establishment of Renewable Energy Power Projects in the State of Tamil Nadu. The MoU was signed on 220 June, 2026 at New Delhi, by Shri Anurag Mittal, Chief General Manager, Commercial and Business Development, NLCIL and Shri Manoj Nanda, Chief General Manager, Alternate Energy, IOCL, in the august presence of Dr. Prasanna Kumar Acharya, Director (Finance)/NLCIL, Shri Suman Kumar, Director (P&BD)/IOCL, Shri Joydeep Chaudhary, ED/IOCL, Shri Devendra Pratap Singh, ED/PBD/NLCIL for the development of large scale Renewable Energy (RE) projects including Solar, Wind, Hybrid Power with or without Energy Storage such as Battery Storage and Pumped Storage Projects or any combination of the same for supply of renewable power to third party, Commercial and Industrial (C&lI) consumers, Discoms, energy exchange, for e-mobility, power to applications such as usage/ production of green synthetic fuels/chemicals, complete value chain for solar module manufacturing etc. and any other opportunity in the renewable energy sector in the State of Tamil Nadu, as mutually agreed and based on techno-commercial feasibility. NLC India Limited, a Navratna Central Public Sector Enterprise under the administrative control of the Ministry of Coal, Government of India, has nearly seven decades of distinguished presence in mining and power generation. While strengthening its conventional power portfolio, NLCIL has also been actively expanding into large-scale renewable and green energy initiatives including solar, wind, pumped hydro storage, Battery Energy Storage Systems (BESS), green hydrogen, low-carbon round-the-clock power and waste-to-energy projects. Speaking on the occasion, Shri Prasanna Kumar Motupalli, Chairman & Managing Director, NLC India Limited, stated that the partnership with IOCL marks a significant milestone in NLCIL's strategic diversification into clean and sustainable energy sectors and emphasised on development of Renewable Energy Projects using various technologies for Solar, Wind, Hybrid, Battery Energy Storage System / Pumped Hydro Storage, Green Hydrogen and any new potential RE Technology emerging in future. The strategic collaboration between NLCIL and IOCL marks a major milestone in strengthening India's clean energy ecosystem and reflects the shared commitment of both organisations towards sustainable development, technological advancement and nation-building through reliable and green energy solutions. v@fw@”%fl”g General Manager Corporate Communications