NTPC Completes Transfer of Pakri Barwadih Coal Mine and CMHQ to NTPC Mining Ltd.
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). The transfer, effective April 1, 2026, completes the phased transfer of NTPC’s coal mining business to its wholly-owned subsidiary, NML, as previously disclosed on August 28, 2025, October 1, 2025, December 1, 2025, and February 1, 2026.The transfer was executed according to an amended Business Transfer Agreement (BTA) dated September 17, 2025. With this final tranche, all coal mining units are now transferred to NTPC Mining Limited. The Pakri Barwadih Coal Mine commenced commercial operations (COD) on April 1, 2026.
Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.