NLC India subsidiary wins 600 MW solar project in Uttar Pradesh

NLC India Renewables Limited, a wholly owned subsidiary of NLC India Limited, has received a Letter of Award for the development of solar power projects in Uttar Pradesh. The award, issued by Bundelkhand Saur Urja Limited, a Joint Venture of NHPC Limited & UPNEDA, pertains to the establishment of Solar Power Projects with a capacity of 2x300 MW. This expansion supports the company's strategic growth in the renewable energy sector.

The projects will be situated at the Jalaun Solar Power Park (1200 MW) in District Jalaun, Uttar Pradesh. The selection for this project was conducted through a tariff-based competitive bidding process. This development marks a significant addition to the subsidiary's portfolio.

Project Details

The following table outlines the key details of the awarded project:

Project Aspect:	Details
Project Capacity:	2x300 MW
Location:	Jalaun Solar Power Park, District Jalaun, Uttar Pradesh
Awarding Authority:	Bundelkhand Saur Urja Limited (Joint Venture of NHPC Limited & UPNEDA)
Selection Method:	Tariff-Based Competitive Bidding

The intimation was submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.85%	-7.78%	-9.98%	+10.27%	+34.57%	+398.76%

NLC India Limited appointed Sanoj Kumar Jha to the additional charge of Chairman and Managing Director for an initial period of three months effective July 1, 2026, following the superannuation of Prasanna Kumar Motupalli. The Ministry of Coal, the Administrative Ministry, entrusted the role to Jha, who is an Additional Secretary in the Ministry of Coal and a Nominee Director of NLC India Limited. This arrangement will continue until the appointment of a regular incumbent or until further orders, whichever is the earliest.

Prasanna Kumar Motupalli ceased to hold the office of Director upon attaining the age of superannuation on June 30, 2026. The transition was communicated to the stock exchanges in a regulatory filing submitted on June 30, 2026. The disclosure was made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Details of Leadership Change

The company provided specific particulars regarding the cessation of the former Director's role in the filing.

Sr. No.	Particulars	Details
1.	Reason for Change	Cessation as Chairman and Managing Director on attaining the age of superannuation.
2.	Date of Cessation	30 June, 2026 (AN)

Sushanta Kumar Panda, Company Secretary and Compliance Officer of NLC India Limited, signed the disclosure on behalf of the company. The filing was addressed to both the National Stock Exchange of India and BSE Ltd.