NTPC transfers two coal mines to subsidiary NTPC Mining
Power giant NTPC announced a company move. It will transfer two coal mines in Jharkhand to its subsidiary, NTPC Mining Limited. This transfer takes effect from October 1, 2025. Chatti Bariatu and Badam coal mines are involved. This action supports...
The transfer of Chatti Bariatu Coal Mine and Badam Coal Mine, located in Jharkhand, with effect from October 1, 2025, NTPC said in an exchange filing.
"... In accordance with the amended Business Transfer Agreement (BTA) dated 17th September 2025, the two coal blocks/mines have been transferred to NTPC Mining Limited...," the company said.
Under the Ministry of Power, NTPC is India's largest power generation company, catering to 1/4th of the country's electricity demand.
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