NTPC Limited announced the transfer of two coal mines, Chatti Bariatu Coal Mine and Badam Coal Mine, to its wholly-owned subsidiary, NTPC Mining Limited, effective October 1, 2025. This transfer aligns with the amended Business Transfer Agreement (BTA) dated September 17, 2025, and is part of the company’s strategy regarding its coal mining business.
Coal Mine Transfer Announcement
NTPC Limited has announced the transfer of two coal mines to its subsidiary, NTPC Mining Limited. This decision, effective October 1, 2025, follows the terms outlined in the amended Business Transfer Agreement (BTA) dated September 17, 2025.
Details of Transferred Mines
The two coal mines that have been transferred are:
- Chatti Bariatu Coal Mine, located in Hazaribag, Jharkhand.
- Badam Coal Mine, also located in Hazaribag, Jharkhand.
This transfer is part of NTPC’s strategy to reorganize its coal mining operations under a dedicated subsidiary.
Source: BSE
