NTPC Limited has informed the Exchange regarding 'COD and Transfer of Coal Mine to NTPC Mining Ltd.'.
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NTPC has completed the hive-off of its coal mining business to NTPC Mining Limited (NML), a wholly owned subsidiary. In the final tranche, the Pakri Barwadih Coal Mine in Hazaribagh district, Jharkhand, along with the Coal Mining Head Quarter at Ranchi, has been transferred to NML effective 1st April 2026. Additionally, the Commercial Operation Date (COD) of the Pakri Barwadih North West Coal Mining Project has been declared from the same date. With this transfer, all coal mining units of NTPC now stand transferred to NML, completing the phased restructuring of the coal mining business into the subsidiary.
The completion of coal mining business transfer to subsidiary consolidates NTPC's mining operations under one entity. The COD declaration for the Pakri Barwadih North West project marks a new operational asset coming online, which could contribute to NTPC's coal supply for power generation.