NTPC transfers Kerandari coal mine to wholly owned subsidiary

NTPC Limited confirmed the transfer of its Kerandari Coal Mine to NTPC Mining Limited (NML), a wholly-owned subsidiary. This strategic move, effective December 1, 2025, follows previous disclosures on August 28, 2025, and October 1, 2025, regarding the phased transfer of its coal mining business.

The Kerandari Coal Mine, located in the North Karanpura Coalfields in the Hazaribagh District of Jharkhand, is now officially under the purview of NML. This transfer is a key step in NTPC's ongoing efforts to streamline its coal mining operations through its dedicated subsidiary.

The announcement, dated December 1, 2025, was issued by Ritu Arora, company secretary & compliance officer. The disclosure was made to BSE Limited and the National Stock Exchange of India Limited, adhering to SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.