NTPC Limited has transferred the Kerandari Coal Mine to its wholly-owned subsidiary, NTPC Mining Limited (NML). This transfer, located in North Karanpura Coalfields, Dist. Hazaribagh, Jharkhand, is effective as of December 1, 2025. This move is part of NTPC’s phased approach to streamline its coal mining business through NML.
Coal Mine Business Restructuring
NTPC Limited has completed the transfer of the Kerandari Coal Mine to its subsidiary, NTPC Mining Limited (NML). This strategic move aims to consolidate NTPC’s coal mining operations under a single entity, enhancing efficiency and streamlining management.
Transfer Details
The Kerandari Coal Mine, located in North Karanpura Coalfields, Hazaribagh, Jharkhand, is now officially under the management of NML, effective December 1, 2025. This transfer is a key component of NTPC’s plan to organize its coal mining business in a phased approach. NML, being a wholly-owned subsidiary, will now be responsible for the operations and development of this coal mine.
Source: BSE