Bharat Heavy Electricals Limited has signed two Memorandum of Understandings (MoUs) with NBCC (India) Ltd. Name(s) of parties with whom the agreement is entered: M/S NBCC (India) Ltd. 2. Purpose of entering into the agreement: Two MOUs for (a) Redevelopment of identified properties/facilities and (b) Renting/Licensing of identified buildings/properties of BHEL. Shareholding, if any, in the entity with whom the agreement is executed: Nil. Size of agreement and significant terms of the agreement (in brief): NBCC shall be paid Project Management Consultancy fee and Project Marketing fee.

5. Whether, the said parties are related to promoter/promoter group/group companies in any manner. If yes, nature of relationship: Yes, Both BHEL and NBCC (India) Ltd. are CPSEs.