NTPC Clears Rs 105 Billion Coal Biz Transfer to Subsidiary

01 Sep 2025 CW Team

State-owned power major NTPC Ltd has announced board approval for a partial modification in the transfer of its coal mining business to its wholly owned subsidiary, NTPC Mining Ltd (NML). The revised transfer will take place under an Amended Business Transfer Agreement (BTA) to be signed on or before 30 September 2025, with completion targeted within a year, pending statutory approvals.

As per NTPC’s financials for the fiscal year ended 31 March 2025, the coal mining vertical generated revenue of Rs 77.36 billion, contributing 4.05 per cent to NTPC’s consolidated revenue of Rs 1.91 trillion. The division had a net worth of Rs 31.51 billion, representing 1.72 per cent of the group’s consolidated net worth of Rs 1.83 trillion.

The total consideration for the transaction has been fixed at Rs 105.03 billion as of 31 March 2025. NTPC Mining Ltd will make payments to NTPC in phases, aligned with the progressive transfer of each coal mine or block. The transaction, classified as a related-party deal, will be executed at book value based on audited accounts, and has received clearances from both the Audit Committee and the Board.

The transfer will involve six coal blocks, along with all associated assets and liabilities, and will be carried out on a slump-sale basis as a going concern. The restructuring is intended to consolidate coal mining operations under a specialised subsidiary, enabling improved operational efficiency and sharper business focus within the NTPC group.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..