NTPC Ltd is the largest power generating company in India. It is engaged in the business of generation and sale of bulk power. It is an Indian Public Sector Undertaking, engaged in the business of generation of electricity and allied activities. NTPC Ltd was incorporated under the Companies Act 1956 and the foundation of energy sector was taken in India. This company is the part of Indian government and it is promoted by the Government of India. The company was headquartered in New Delhi. The core business of the company is generation and sale of electricity to state-owned power distribution companies and State Electricity Boards in India.
NTPC is on the top position in power generating company with the capacity of 53, 651 MW. NTPC contributes to over 25% of total power generation and is now producing 25 billion units of electricity every month. Apart from its headquarter the company is operating from 55 locations in India, and 2 locations in Bangladesh and one location in Sri Lanka. In the 2011, NTCP was listed in Forbes Global 2000 and it was 348th worldwide position in the world.
Leading Team
Chairman and Managing Director
Gurdeep Singh is the Chairman and Managing Director in NTPC Limited. He initiated his career with NTPC Limited and has worked at different levels both in Indian and Multi-national Companies including Powergen, IDFE, CESC, AES, and CLP. He holds expertise in different areas of Power Sector including business development, projects, and operations. In academics, Gurdeep Singh did mechanical engineering and undergone Management Education Program at IIM Ahmedabad.
Here is the list of top leaders in NTPC
- Shri S. Roy- Director (HR)
- A K Gupta- Director (Commercial)
- Susanta Kumar Roy- Director (Projects)
- Prakash Tiwari- Director (Operations)
History of NTPC Ltd
NTPC was incorporated on November 7, 1975, as a private limited company. On September 30, 1976, the word Private was removed from the company’s name consequent after the notification issued by the government exempting government companies from the use of private.
In 1978, it took over the management of the Badarpur project. Also, at Singrauli they commissioned the first 200MW unit. In 2005, the name of the company was changed from National Thermal Power Corporation Ltd to NTPC Ltd to reflect the diversification of their business operations above thermal power generation to include other generation of power from hydro, renewable, nuclear, energy sources and undertaking coal mining and exploration activities.
In 2009-2010, NHPC accomplished a profit after tax of s 2,090 crores. There was an increment of 94% than the previous year’s profit of Rs 1,050 crores. Present-day, NHPC is in the list of top 10 companies in India in terms of investment.
In October 2017, NTPC announced that it Unchahar power station situated in Rae Bareli district of UP has made a national record with 686 days of continuous generation by its 210MW Unit-I.
In January 2018, NTPC Ltd listed its USD 6 billion MTN programmed on India Exchange at IFSC GIFT City thereby becoming the first quasi-sovereign company of India to list at India INX. The listing will support the company to raise funds at lower costs from international investors and also allow foreign investors to access high-quality Indian debt paper.
Objective
NHPC was pounded to plan, promote and organize an integrated and efficient development of hydroelectric power in all aspects. Later on, NHPC increased its objects to include other sources of energy like Tidal, Wind, Geothermal, etc.
Vision
NTPC is working with a vision “to be the world’s largest and best power producer, powering country’s growth.”
Mission
“NTPC’s mission is to develop and provide reliable power, related products and services at a very competitive cost, integrating various energy sources with modern and eco-friendly technologies and contribute to the welfare of the society.
NTPC Ltd has been serving India for a long time. Here, we are presenting some amazing points about the company:
- NTPC Ltd is the biggest power generator of India with over 31,000 MW capacities.
- In 2014, the company ranked 424 in Forbes Global 2000.
- National Thermal Power Corporation is one of the seven PSUs to have been granted the elite Maharatna status.
- The first Chairman of NTPC was D. V. Kapoor.
- The National Thermal Power Corporation generates more power than its capacity by operating its power plants at higher efficiency levels.
- NTPC Vindhyanchal in MP at 4,760 is the largest power plant by generation capacity.
- In the year 1996, the company created history when its sixth unit, the 210 MW Ramagundam, generated energy for 406 days straight.
NTPC adopted its acronym as its official name in the year 2005. During this time, the company started working into new ventures of hydro-and nuclear-based power generation.
Read about:- ENERGY SECTOR OF INDIA: MAJOR SOURCES AND FUTURE OF THE INDUSTRY
