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An announcement from NTPC Limited ( (IN:NTPC) ) is now available.
NTPC Limited has announced that its Dulanga coal mine in Sundergarh, Odisha, and Talaipalli coal mine in Raigarh, Chhattisgarh, have been transferred to its wholly owned subsidiary, NTPC Mining Limited, with effect from 1 February 2026, revising the earlier effective date of 31 January 2026. The move is part of a phased transfer of NTPC’s coal mining business to NML, a step that is expected to streamline its mining operations under a dedicated entity, potentially improving operational efficiency, governance, and alignment of its fuel supply strategy with long-term power generation needs.
More about NTPC Limited
NTPC Limited is India’s largest power generation company, operating primarily in the electricity sector with a focus on thermal power and an expanding presence in coal mining through its wholly owned subsidiary, NTPC Mining Limited (NML), to secure fuel supplies for its power plants.
Average Trading Volume: 776,710
Technical Sentiment Signal: Strong Buy
Current Market Cap: 3450.1B INR
Learn more about NTPC stock on TipRanks’ Stock Analysis page.