NTPC completes transfer of coal mining business to NTPC Mining

Business Desk — Wed, 01 Apr 2026 09:47:04 +0000

NTPC Limited has announced the completion of the transfer of its coal mining business to NTPC Mining Limited, its wholly owned subsidiary. The final tranche of this transfer includes the Pakri Barwadih Coal Mine business located in Hazaribagh District, Jharkhand, along with the Coal Mining Head Quarter located at Ranchi, Jharkhand, effective from 1st April 2026.

The commercial operation date (COD) for the Pakri Barwadih North West Coal Mining Project has also been declared as 1st April 2026. This marks the culmination of a phased transfer process that began with earlier disclosures made on 28th August 2025, 1st October 2025, 1st December 2025, and 1st February 2026.

The transfer was conducted in accordance with the amended Business Transfer Agreement (BTA) dated 17th September 2025. With this final step, all coal mining units have been successfully transferred to NTPC Mining Limited, completing the hiving-off of NTPC’s coal mining business in all respects.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Pakri Barwadih Coal Mine | Business Upturn

NTPC completes transfer of coal mining business to NTPC Mining