NTPC Completes Coal Mining Business Transfer, Declares Project COD
NTPC Ltd. announced the final transfer of its Pakri Barwadih Coal Mine business, located in Hazaribagh District, Jharkhand, along with the Coal Mining Head Quarter (CMHQ) in Ranchi, Jharkhand, to NTPC Mining Limited (NML), its wholly owned subsidiary. The transfer, effective April 1, 2026, concludes the phased hiving-off of NTPC’s coal mining business to NML, as previously disclosed on August 28, 2025, October 1, 2025, December 1, 2025, and February 1, 2026.The transfer was executed in accordance with an amended Business Transfer Agreement (BTA) dated September 17, 2025. With this final tranche, all coal mining units are now part of NTPC Mining Limited.
Commercial operation (COD) of the Pakri Barwadih North West Coal Mining Project has been declared effective April 1, 2026.
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