NTPC has incorporated its 100% wholly owned subsidiary namely, NTPC Mining Limited (NML) for developing focussed competency in mining business and expansion of mining vertical. On 17.08.2023 NTPC Ltd has entered into a Business Transfer Agreement (BTA) for hiving off its coal business with NML.
NML as on date has 7 coal blocks to its kitty namely, Pakri-Barwadih, Chatti-Bariatu & Chatti-Bariatu CB (South), Kerandari, Badam and North-Dhadu (Eastern part) in Jharkhand, Dulanga in Odisha and Talaipalli in Chhattisgarh with a combined production potential of more than 74 million tonnes per annum.
NTPC is India's largest energy conglomerate with roots planted way back in 1975 to accelerate power development in India. Since then, it has established itself as the dominant power major with presence in the entire value chain of the power generation business with total installed capacity of 76,294 MW spread over thermal along with hydro, nuclear and renewable energy sources to reduce its GHG emissions. The company has further diversified into the fields of consultancy, power trading, training of power professionals, rural electrification, ash utilisation and coal mining.
NTPC has started coal production from its five coal blocks, i.e Pakri Barwadih , Chatti Bariatu and Kerandari-A in Jharkhand, Dulanga in Odisha and Talaipalli in Chhattisgarh. NTPC has declared commercial operation of its four mines i.e. Pakri Barwadih , Dulanga , Talaipalli and Chatti Bariatu Coal Blocks. During FY 2023-24, NTPC achieved 34.39 MMT coal production from its operating mines. Mining operations in the Kerandari-A mine started in April 24. Badam & North Dhadu(Eastern part) mines are in development stage and are expected to start coal production in the near future.
