Archive · 1 Dec 2025
NTPC Transfers Kerandari Coal Mine to NML
NTPC, a big company that deals with power, has moved another coal mine to its own smaller company called NML.
This mine is called Kerandari and is in Jharkhand.
They did this because of an agreement they made.
Earlier, they had moved two other mines to NML as well.
They have to finish moving all the mines within a year.
The value of all these mines is a lot of money, around Rs 3,150.98 crore.
This is all part of a plan to organize their coal mining business better.
NTPC transferred the Kerandari Coal Mine to its subsidiary NML on December 1.
The mine is located in North Karanpura Coalfields, Hazaribagh, Jharkhand.
This transfer is part of a phased transfer of six coal blocks/mines as per the amended BTA.
NTPC had previously transferred Chatti Bariatu and Badam Coal Mines to NML in October.
The net worth of the coal mining business is Rs 3,150.98 crore as of March 2025.
- Who
- NTPC Ltd
- What
- Transfer of Kerandari Coal Mine to NML
- When
- December 1
- Where
- North Karanpura Coalfields, Hazaribagh, Jharkhand
- Why
- As part of an agreement to transfer coal mining business in a phased manner
- Mine Name
- Kerandari Coal Mine
- Location
- North Karanpura Coalfields, Hazaribagh, Jharkhand
- Transfer Date
- December 1
- Recipient
- NTPC Mining Ltd (NML)
- Net Worth of Coal Mining Business
- Rs 3,150.98 crore (as of March 2025)
- Transfer Agreement
- Amended Business Transfer Agreement (BTA) dated September 17
- Transfer Timeline
- Within 365 days from the date of signing the BTA