NTPC Transfers Kerandari Coal Mine to Subsidiary NTPC Mining Limited
NTPC Limited announces the transfer of its Kerandari Coal Mine, located in the North Karanpura Coalfields, Jharkhand, to its wholly-owned subsidiary, NTPC Mining Limited (NML), effective December 1, 2025.
NTPC Limited has completed the transfer of its Kerandari Coal Mine, located in the North Karanpura Coalfields in Hazaribagh district, Jharkhand, to its wholly-owned subsidiary, NTPC Mining Limited (NML), effective December 1, 2025. This move is part of NTPC’s ongoing plan to transfer its coal mining business to NML in a phased manner.
The transfer follows previous disclosures made by NTPC on August 28, 2025, and October 1, 2025, notifying stock exchanges about the phased migration of its coal mining operations to its subsidiary. The ISIN associated with NTPC is INE733E01010, and the relevant stock codes are 532555 (BSE) and NTPC (NSE).
The disclosure was submitted to both the BSE Limited and National Stock Exchange of India Limited by Ritu Arora, Company Secretary and Compliance Officer of NTPC, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
This step reflects NTPC’s strategic focus on consolidating its mining operations under a dedicated subsidiary to streamline management and operational efficiency.