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NTPC Mining Limited Targets 4x Revenue Growth by FY2038

NTPC Mining Limited 4x Revenue Growth FY2038

RANCHI. NTPC Mining Limited (NML) convened its inaugural Lenders’ Meet in Ranchi , outlining a bold roadmap to scale its revenue fourfold by FY2038 from an estimated ₹7,700 crore in FY25. Chaired by Shri Shivam Shrivastava, the meet engaged top financial institutions—including SBI, PNB, and HDFC—and credit agencies like CRISIL.

The leadership, including CEO Shri Naveen Jain and CFO Shri Gaurav Rastogi, highlighted NML’s strategic diversification into rare earth and critical minerals alongside its core coal operations. This expansion, supported by long-term banking partners, reinforces NML’s commitment to national resource security and sustainable financial performance. The participating lenders reaffirmed their trust in NML’s operational resilience and its trajectory toward becoming a multi-mineral powerhouse.

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