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NTPC Mining Limited Targets 4x Revenue Growth by FY2038

Newsmantra — Thu, 19 Feb 2026 06:07:39 +0000

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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Coal India Charts Reform-Driven Transformation Roadmap for 2026

Newsmantra — Mon, 05 Jan 2026 06:44:57 +0000

KOLKATA. Coal India Chairman Shri B. Sairam has outlined 2026 as the “Year of Reform and Transformation” during a meeting with Functional Directors, the CVO, and senior executives at the company’s headquarters in Kolkata. Reflecting on the organisation’s growth from 79 million tonnes in 1975 to 781 million tonnes in 2025, he stressed the need for continuous reform to stay future-ready. The Chairman called for faster rollout of First Mile Connectivity projects, reduced dependence on road transport, stronger ESG focus, and Coal India’s evolution into a technology-driven enterprise. Directors highlighted priorities including AI-led training, workforce reskilling, cost optimisation, enhanced efficiency, digital initiatives, customer focus, diversification into renewables and critical minerals, and strengthened governance with greater transparency.

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