NTPC Limited has announced the completion of the transfer of its Pakri Barwadih Coal Mine business to NTPC Mining Limited, a wholly owned subsidiary. This transfer, effective from 1st April 2026, marks the final tranche in the phased handover of NTPC’s coal mining operations.
The transfer includes the coal mining operations located in the Hazaribagh District of Jharkhand, along with the Coal Mining Headquarters situated in Ranchi, Jharkhand. This move is part of an amended Business Transfer Agreement (BTA) dated 17th September 2025, which outlines the strategic transition of NTPC’s coal mining business to its subsidiary.
The commercial operation date (COD) for the Pakri Barwadih Coal Mine has also been declared as 1st April 2026. With this final transfer, NTPC has completed the hiving-off process of its coal mining business, ensuring that all coal mining units are now under the management of NTPC Mining Limited.
This strategic move aligns with NTPC’s broader objectives to streamline its operations and focus on its core energy generation business, while leveraging NTPC Mining Limited to manage coal mining activities.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).