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.
*Asset transfer from NTPC to NML is in progress.
Safety comes first before production of coal in NTPC/NML. This is the motto for the NTPC/NML Coal Mining Team across its projects. NTPC Coal Mining management has taken the resolution to conduct at lease one training program every week on safety , best practices in mining , equipment operation and maintenance etc to focus on competency building across all verticals