NTPC has officially completed the transfer of its coal mining business to subsidiary NTPC Mining Ltd, with the final tranche including Pakri Barwadih Coal Mine achieving Commercial Operation Date (COD) effective April 1, 2026.

Regulatory Disclosure and Final Transfer

In a regulatory filing under SEBI Listing Regulations, NTPC announced the completion of its coal mining business hiving-off process. The company disclosed that Pakri Barwadih Coal Mine business located in Hazaribagh District, Jharkhand, along with Coal Mining Head Quarter (CMHQ) at Ranchi, has been successfully transferred to NTPC Mining Limited.

Business Transfer Agreement Implementation

The transfer was executed in accordance with the amended Business Transfer Agreement (BTA) dated September 17, 2025. This final tranche represents the culmination of a phased transfer process that began with earlier disclosures in August 2025, continuing through October and December 2025, and February 2026.

Strategic Completion of Coal Mining Restructuring

With this final transfer, NTPC has completed the hiving-off of its entire coal mining business. All coal mining units now stand transferred to NTPC Mining Limited, marking a significant milestone in the company's operational restructuring strategy.

The completion of this comprehensive restructuring demonstrates NTPC's commitment to optimizing its asset portfolio through specialized subsidiary management, enhancing operational efficiency across its diverse business segments.

NTPC Limited has announced the commercial operation declaration of additional renewable energy capacity through its subsidiary Ayana Renewable Power Four Private Limited in Gujarat. The development represents continued progress in the company's renewable energy expansion strategy, with both solar and wind components becoming operational.

New Capacity Additions

Ayana Renewable Power Four Private Limited, a step-down subsidiary of NTPC's joint venture ONGC NTPC Green Private Limited, has declared commercial operation of two renewable energy components effective from 00:00 hours of April 2, 2026.

The wind capacity is part of a larger hybrid project with total installed capacity of 92.4 MW wind and 37.5 MW solar components, demonstrating the integrated approach to renewable energy development.

Updated Capacity Position

Following these additions, NTPC's capacity metrics have been updated across different organizational levels. The parent company NTPC group now maintains a total installed capacity of 89,145 MW with commercial capacity reaching 88,065 MW.

Corporate Structure and Compliance

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. NTPC Green Energy Limited, as the subsidiary of NTPC Limited, filed the initial disclosure on March 31, 2026, which was subsequently communicated by the parent company on April 1, 2026.

The projects are located in Gujarat and represent part of NTPC's broader renewable energy portfolio expansion through its subsidiary network. Ayana Renewable Power Four Private Limited operates as a step-down subsidiary of the joint venture ONGC NTPC Green Private Limited, illustrating the multi-layered corporate structure supporting NTPC's renewable energy initiatives.

Project Timeline and Operations

Both the solar and wind components achieved commercial operation status simultaneously, with operations commencing from April 2, 2026. The solar component represents progressive commissioning of the larger 150 MW solar project, while the wind component is part of the phased development of the hybrid renewable energy facility in Gujarat.