NTPC will transfer its mines to recently established subsidiary
COAL & MINING

NTPC will transfer its mines to recently established subsidiary

The largest energy corporation in the nation, National Thermal Power Corporation (NTPC), has made the decision to transfer its coal mines and mining operations to its recently formed, wholly-owned subsidiary NTPC Mining Limited (NML). According to NTPC officials, the asset transfer procedure has begun following approval from the Union coal ministry. The NML's incorporation is a step towards including a number of other important minerals in the mining pot. Currently, NML has a contract for uranium exploration and mining with the Uranium Corporation of India Limited (UCIL), and it may add new minerals to the mix soon.

Partha Mazumder, the regional executive director for coal mining, stated that the asset transfer is taking place at a time when coal mines have seen a significant increase in coal production. When compared to the production reached in April 2022, NTPC Ltd., the nation's top integrated energy producer, produced significantly more coal from its four active captive mines in April 2023. According to him, the company produced 2.75 MT of coal in April, a significant increase from the 1.11 MT produced in April 2022. Of the four captive mines, Talaipalli is in Chhatisgarh, Dulanga is in Odisha, and Chatti Bariatu and Punkree Burwadih are in Jharkhand.

NTPC also dispatched 2.95 MT of coal in April 2023, a 140% increase over the previous month. This was an all-time high for the company. NML now owns seven coal mines, five of which are located in Jharkhand. While Punkree Burwadih was already producing coal, Chatti Bariatu mine began to produce it. As they are in various phases of clearing and exploration, two other mines, Kerendari and Badam in Hazaribag and Banardih in Latehar would begin production in the near future.

The Union electricity ministry has set NTPC a 34 MT goal for the current fiscal year. The huge increase in coal production, according to Mazundar, is attributable to the NTPC coal mining teams' implementation of digital initiatives, which have elevated operational excellence and enhanced safety in mining operations. Key digital initiatives include a digitised safety management plan called e-SMP; a mobile app for safety, Sachetan; people and machinery tracking system; and integrated coal management system.

The largest energy corporation in the nation, National Thermal Power Corporation (NTPC), has made the decision to transfer its coal mines and mining operations to its recently formed, wholly-owned subsidiary NTPC Mining Limited (NML). According to NTPC officials, the asset transfer procedure has begun following approval from the Union coal ministry. The NML's incorporation is a step towards including a number of other important minerals in the mining pot. Currently, NML has a contract for uranium exploration and mining with the Uranium Corporation of India Limited (UCIL), and it may add new minerals to the mix soon. Partha Mazumder, the regional executive director for coal mining, stated that the asset transfer is taking place at a time when coal mines have seen a significant increase in coal production. When compared to the production reached in April 2022, NTPC Ltd., the nation's top integrated energy producer, produced significantly more coal from its four active captive mines in April 2023. According to him, the company produced 2.75 MT of coal in April, a significant increase from the 1.11 MT produced in April 2022. Of the four captive mines, Talaipalli is in Chhatisgarh, Dulanga is in Odisha, and Chatti Bariatu and Punkree Burwadih are in Jharkhand. NTPC also dispatched 2.95 MT of coal in April 2023, a 140% increase over the previous month. This was an all-time high for the company. NML now owns seven coal mines, five of which are located in Jharkhand. While Punkree Burwadih was already producing coal, Chatti Bariatu mine began to produce it. As they are in various phases of clearing and exploration, two other mines, Kerendari and Badam in Hazaribag and Banardih in Latehar would begin production in the near future. The Union electricity ministry has set NTPC a 34 MT goal for the current fiscal year. The huge increase in coal production, according to Mazundar, is attributable to the NTPC coal mining teams' implementation of digital initiatives, which have elevated operational excellence and enhanced safety in mining operations. Key digital initiatives include a digitised safety management plan called e-SMP; a mobile app for safety, Sachetan; people and machinery tracking system; and integrated coal management system.

Next Story
Infrastructure Transport

JNPA Becomes First Indian Port to Cross 10 Million TEU Capacity

The Jawaharlal Nehru Port Authority (JNPA), located at Uran in Navi Mumbai, has become the first port in India to achieve over 10 million TEUs (twenty-foot equivalent units) in container handling capacity.With the recent expansion, the port now operates five container terminals with a combined capacity of 10.4 million TEUs, alongside two liquid and two general cargo terminals.Handling more than half of India’s container traffic, JNPA processed 7.05 million TEUs in 2024 and has moved 15.39 million tonnes of containers and 16.64 million tonnes of total cargo in the first two months of FY 2025â..

Next Story
Infrastructure Transport

Nod for Rs. 36.26 billion Expansion of Pune Metro Line 2

The Union Cabinet has approved the Rs.36.26 billion expansion of Pune Metro Line 2, adding 12.75 km of track and 13 new stations to improve east–west connectivity across the city.The project aims to link Pune’s urban core with rapidly growing suburbs, supporting the city’s rising demand for efficient and sustainable transport solutions. This expansion is part of Corridor 2 of the Pune Metro and includes two key routes: Vanaz to Chandani Chowk (Corridor 2A) and Ramwadi to Wagholi/Vitthalwadi (Corridor 2B).It will connect residential, IT, and educational hubs in areas such as Bavdhan, Koth..

Next Story
Infrastructure Transport

Assembly begins for ‘Nayak’ TBM on Thane– Borivali Twin Tunnel Project

The assembly of ‘Nayak’, the first of four Tunnel Boring Machines (TBMs) for the Thane–Borivali Twin Tube Tunnel Project, has commenced at the Thane site. Built by German firm Herrenknecht AG and deployed by Megha Engineering & Infrastructure (MEIL), the TBM marks a key milestone in Mumbai’s ambitious 11.8-km underground road corridor beneath Sanjay Gandhi National Park.The twin tunnels will reduce the Thane–Borivali travel distance by 12 km and decongest Thane Ghodbunder Road. ‘Nayak’, with a 13.2-metre diameter, is designed to bore through challenging geological conditions ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?