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NTPC to soon set up subsidiary for coal mining operations

16 Aug 2018 Evaluate

NTPC will soon set up a subsidiary to handle its coal mining operations and also plans to enter commercial coal mining after meeting its requirement. The power sector behemoth also has a plan to list the coal subsidiary subsequently on stock exchanges.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

Peers
Company Name CMP
NTPC 321.30
Tata Power 351.00
Adani Power 200.70
Power Grid Corpn. 257.00
Adani Energy Solut. 1346.40
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