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
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?