
Business Update1 April 2026 at 07:43 am
NTPC Ltd Completes Transfer of Coal Mining Business to NTPC Mining Limited
AI Summary
In accordance with the amended Business Transfer Agreement (BTA) dated 17th September 2025, NTPC Ltd has transferred the Pakri Barwadih Coal Mine business located in Hazaribagh District (Jharkhand) along with Coal Mining Head Quarter(CMHQ) located at Ranchi (Jharkhand) to NTPC Mining Limited. The transfer is complete with the declaration of Coal Overburden Dump (COD) on 1st April 2026. This marks the completion of the hiving-off of the Coal Mining Business, with all coal mining units now standing transferred to NTPC Mining Limited.
Key Highlights
- NTPC Ltd has completed the transfer of its coal mining business to NTPC Mining Limited
- The transfer includes the Pakri Barwadih Coal Mine and Coal Mining Head Quarter located in Jharkhand
- The transfer is in accordance with the amended Business Transfer Agreement (BTA) dated 17th September 2025
- The Coal Overburden Dump (COD) has been declared on 1st April 2026
- All coal mining units of NTPC Ltd have been transferred to NTPC Mining Limited
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