About NTPC

Vision
To be the worlds largest and best power producer, powering Indias growth.
Mission
Develop and provide reliable power, related products and services at
competitive prices, integrating multiple energy sources with innovative and
eco-friendly technologies and contribute to society.
Core Values BE COMMITTED
B Business Ethics
E Environmentally & Economically Sustainable
C Customer Focus
O Organisational & Professional Pride
M Mutual Respect & Trust
M Motivating Self & others
I Innovation & Speed
T Total Quality for Excellence
T Transparent & Respected Organisation
E Enterprising
D Devoted
Overview: Indias largest power company, NTPC was set up in 1975 to accelerate power
development in India. NTPC is emerging as a diversified power major with presence in the entire
value chain of the power generation business. Apart from power generation, which is the
mainstay of the company, NTPC has already ventured into consultancy, power trading, ash
utilisation and coal mining. NTPC ranked 384
th
in the 2013, Forbes Global 2000 ranking of the
Worlds biggest companies. NTPC became a Maharatna company in May, 2010, one of the
seven companies to be awarded this status.

The total installed capacity of the company 43,108 MW (including JVs)
Number of coal based plants: 17
Number of gas based stations 7
JVs: Coal based 7
Naptha/LNG 1
Renewable energy 7
TARGET 2032: to have an installed power generating capacity of 1,28,000 MW
DIVERSIFIED MIX: 56% coal,
16% Gas,
11% Nuclear
17% Renewable Energy Sources(RES) including hydro.
By 2032, non fossil fuel based generation capacity shall make up nearly 28% of NTPCs
portfolio.
NTPC has been operating its plants at high efficiency levels. Although the company has 16% of
the total national capacity, it contributes 25.6% of total power generation due to its focus on high
efficiency.


In October 2004, NTPC launched its Initial Public Offering (IPO) consisting of 5.25% as fresh
issue and 5.25% as offer for sale by Government of India. NTPC thus became a listed company
in November 2004 with the Government holding 89.5% of the equity share capital. In February
2010, the Shareholding of Government of India was reduced from 89.5% to 84.5% through
Further Public Offer. Government of India has further divested 9.5% shares through OFS route
in February 2013. With this, GOI's holding in NTPC has reduced from 84.5% to 75%. The rest is
held by Institutional Investors and the Public.



At NTPC, People before Plant Load Factor is the mantra that guides all HR related policies.
NTPC has been awarded 6
th
Best Company to work for in India for the year 2013, by the Great
Places to Work Institute, India Chapter in collaboration with The Economic Times.
The concept of Corporate Social Responsibility is deeply ingrained in NTPC's culture. Through
its expansive CSR initiatives, NTPC strives to develop mutual trust with the communities that
surround its power stations.
Board of Directors:
CMD Arup Roy Choudhury
Director Projects I J Kapoor
Director Operation N N Mishra
Director HR U P Pani
Director Projects S C Pandey
Director Finance Kulmani Biswal
Diversified Growth:
1. Hydro Power: In order to give impetus to hydro power growth in the country and to
have a balanced portfolio of power generation, NTPC entered hydro power business with
the 800 MW Koldam hydro project in Himachal Pradesh. Two more projects have also
been taken up in Uttarakhand. A wholly owned subsidiary, NTPC Hydro Ltd., is setting
up hydro projects of capacities up to 250 MW.
2. Renewable Energy: In order to broad base its fuel mix NTPC has plan of capacity
addition of about 1,000 MW through renewable resources by 2017.
3. Nuclear Power: A Joint Venture Company "Anushakti Vidhyut Nigam Ltd." has been
formed (with 51% stake of NPCIL and 49% stake of NTPC) for development of nuclear
power projects in the country.
4. Coal Mining: In a major backward integration move to create fuel security, NTPC has
ventured into coal mining business with an aim to meet about 20% of its coal requirement
from its captive mines by 2017. The Government of India has so far allotted 7 coal blocks
to NTPC, including 2 blocks to be developed through joint venture route.
5. Power Trading: 'NTPC Vidyut Vyapar Nigam Ltd.' (NVVN), a wholly owned
subsidiary was created for trading power leading to optimal utilization of NTPCs assets.
It is the second largest power trading company in the country. In order to facilitate power
trading in the country, National Power Exchange Ltd., a JV of NTPC, NHPC, PFC and
TCS has been formed for operating a Power Exchange.
6. Ash Business: NTPC has focused on the utilization of ash generated by its power stations
to convert the challenge of ash disposal into an opportunity. Ash is being used as a raw
material input by cement companies and brick manufacturers. NVVN is engaged in the
business of Fly Ash export and sale to domestic customers. Joint ventures with cement
companies are being planned to set up cement grinding units in the vicinity of NTPC
stations.
7. Power Distribution: NTPC Electric Supply Company Ltd. (NESCL), a wholly owned
subsidiary of NTPC, was set up for distribution of power. NESCL is actively engaged in
Rajiv Gandhi Gramin Vidyutikaran Yojanaprogramme for rural electrification.
8. Equipment Manufacturing: Enormous growth in power sector necessitates
augmentation of power equipment manufacturing capacity. NTPC has formed JVs with
BHEL and Bharat Forge Ltd. for power plant equipment manufacturing. NTPC has also
acquired stake in Transformers and Electricals Kerala Ltd. (TELK) for manufacturing
and repair of transformers
JOINT VENTURE (JV) COMPANIES
A. JVs FOR CAPACITY ADDITION
1. NTPC SAIL POWER Company PVT Ltd (NSPCL) : A Joint Venture Company of NTPC
and SAIL (50: 50 equity) was incorporated on 08.02.1999. BESCL (Bhilai Electric Supply Co.
Pvt Ltd), another JV Co. of NTPC and SAIL with 50:50 equity participation), has merged with
NSPCL w.e.f 2nd August 2006. This JV was formed with the objective to own and operate
captive power plants for SAILs steel manufacturing facilities located at Durgapur, Rourkela and
Bhilai. To undertake expansion of Bhilai plants.
2. NTPC TAMILNADU ENERGY COMPANY LTD: Incorporated on 23.05.2003 with
Tamil Nadu Electricity Board, a State run Electricity Board in the State of Tamil Nadu engaged
in generation, transmission and distribution of electricity to set up a 1500 MW coal based power
station at vallur, Ennore in Tamil Nadu utilising the existing infrastructure facility at Ennore and
supply power mainly to Tamil Nadu and the states of Kerala, Karnataka and Pondicherry.
PROMOTERS' EQUITY NTPC: 50% TNEB : 50%
3. ARAVALI POWER COMPANY LTD: Incorporated on 21.12.2006 with, Indraprastha
Power Generation Company Ltd. (IPGCL) and Haryana Power Generation Company Ltd
(HPGCL) to set up a coal-based power station of 1500MW capacity in Distt. Jhajjar, Haryana, in
joint venture with IPGCL and HPGCL to supply power to Delhi and Haryana.
PROMOTERS' EQUITY NTPC-50%, IPGCL-25%, HPGCL-25%
4. MEJA URJA NIGAM LTD: Incorporated on 02.04.2008 with UPRVUNL to set up a 2 X
660MW Thermal Power Plant at Meja, Distt. Allahabad in UP.
PROMOTERS' EQUITY NTPC: 50% UPRVUNL : 50%
5. RATNAGIRI GAS & POWER LTD: Incorporated on 08.07.2005 to own and operate the
assets of the erstwhile Dhabol Power Company ( 1967 MW) and 5 MMTPA LNG Re-
gasification Terminal
PROMOTERS' EQUITY
NTPC: 30.17%
GAIL: 30.17%
IFIs: 21.77% (ICICI: 10.65%, SBI: 7.14%, CANARA BANK: 1.87%)
MSEB HOLDING CO. LTD.: 17.89%
Entire Power Block (1967 MW) of the Gas Power project is under commercial operation.
Domestic gas from KG basin has been made available by MoPNG for long term requirement for
operation of Gas Power Plant.
6. NABISAGAR POWER GENERATING CO PVT LTD Incorporated on 09.09.2008 with
Bihar State Electricity Board to set up 3x660 MW Thermal Power Plant at New Nabinagar,
Bihar and operation & maintenance thereof .
PROMOTERS' EQUITY NTPC: 50% BSEB: 50%
JVS FOR SERVICES
1. NTPC ALSTHOM POWER SERVICES PVT. LTD Incorporated on 27.09.1999 and
formerly known as NTPC-ABB ALSTOM POWER SERVICES PVT. LTD) to undertake
Renovation & Modernisation of power stations in India and other SAARC countries
PROMOTERS' EQUITY NTPC: 50% , ALSTOM Power Generation AG : 50%
2. UTILITY POWERTECH LTD: Company is engaged in undertaking works of Renovation
& Modernization of Power Plants for Power plant life extension, performance optimization and
improvement of availability & efficiency. This JV company incorporated on 23.11.1995 has
been promoted with Reliance Infrastructure Limited (formerly BSES Limited), a private sector
Indian power company to undertake project construction, erection and supervision in power
sector and other sectors in India and abroad
PROMOTERS' EQUITY NTPC: 50% Reliance Infrastructure Ltd.: 50%
3. NATIONAL HIGH POWER TESTING LAB LTD: A JV between NTPC, NHPC, DVC &
PGCIL, formed on May 22, 2009 to set up an Online High Power Test Laboratory for short
circuit testing facility of electrical equipments.
PROMOTERS' EQUITY NTPC: 25% NHPC: 25% PGCIL: 25% DVC: 25%
JVs FOR POWER TRADING & POWER EXCHANGE
1. NATIONAL POWER EXCHANGE LTD. Incorporated on 11.12.2008 along with NHPC,
PFC and TCS to facilitate nation-wide trading of all forms of contract for buying and selling of
all forms of electrical energy for clearing and settlement of trade in a transparent, fair and open
manner.
PROMOTERS' EQUITY
NTPC: 16.67% NHPC :16.67% PFC: 16.66%
TCS: 19.04% BSE: 16.66 % IFCI: 5.72 %
MEENAKSHI: 4.77 % DPSC: 3.81 %
JVs FOR COAL MINING
1. NTPC SCCL GLOBAL VENTURES PVT LTD. The JV Company with Singareni
Coalieries Company Limited (SCCL) was incorporated on 31.07.2007 to jointly undertake
Development and O & M of Coal Blocks(s) and Integrated Coal based Power Projects in India
and overseas.
Promoters EQUITY NTPC - 50 % SCCL 50 %
2. INTERNATIONAL COAL VENTURES PVT LTD The JV Company was incorporated on
20.05.2009 for procurement of metallurgical coking coal and thermal coal from overseas &
acquisition of coal assets abroad
PROMOTERS' EQUITY
NTPC: 14.28% NMDC: 14.28% RINL: 14.28%
CIL: 28.58% SAIL: 28.58%
JVs FOR MANUFACTURING & SUPPLY OF EQUIPMENT
1. NTPC BHEL POWER PROJECTS LTD. The Joint Venture Company was incorporated on
28.04.2008 with BHEL to explore, secure and execute EPC contracts for Power plants and other
Infrastructure projects in India and abroad AND to engage in manufacturing and supply of
equipments for power plants and other infrastructure projects in India and abroad.
Promoters EQUITY NTPC: 50% BHEL : 50%
2. BF NTPC ENERGY SYSTEMS LTD This JV Company with Bharat Forge Limited (BF)
was incorporated on 19.06.2008 to establish a facility for manufacturing of castings, forgings,
fittings and High Pressure piping, required for Power and other industries, Balance of Plant
(BOP) equipment for the power sector etc.
PROMOTERS' EQUITY NTPC: 49% BF : 51%
3. NTPC TELK: For Manufacturing and repair of Transformers. The shares of Transformers &
Electricals Kerala Ltd. (TELK) was bought by NTPC on 19.12. 2009
PROMOTERS' EQUITY NTPC: 44.6% Govt. of Kerala: 54.56% Public: 0.84%
4. ENERGY EFFICIENCY SERVICES LTD: Incorporated on 10.12.2009 amongst NTPC,
PFC, POWERGRID and REC with equal equity participation. JV formed to carry out and
promote the business of Energy Efficiency, Energy Conservation and Climate Change including
manufacture and supply of energy efficiency services and products.
PROMOTERS' EQUITY
NTPC: 25% PFC: 25% POWERGRID: 25% REC: 25%
5. CIL NTPC URJA Pvt LTD: Incorporated on 27.04.2010 with Coal India Limited (CIL) in
New Delhi for incorporation of Joint Venture Company with 50:50 equity participation with the
objective of development of Brahmini & Chichro Patsimal coal mine blocks for meeting coal
requirement of Farakka and Kahalgaon expansion projects of NTPC.
PROMOTERS' EQUITY NTPC: 50% CIL: 50%
6. ANUSHAKTI VIDYUT NIGAM LTD: Incorporated on Jan 27, 2011 with Nuclear Power
Corporation of India Ltd (NPCIL) for entering into the business of nuclear power generation.
PROMOTERS' EQUITY NPCIL: 51% NTPC: 49%
PROPOSED JOINT VENTURES /MOUs/ AGREEMENTs
Joint Venture Agreement has been signed with Asian Development Bank (ADB) and Kyuden
International Corporation (Kyushu) on 24.11.2010 for forming a JV Company to develop
projects and establish, over a period of three years, a portfolio of about 500 MW of Renewable
Power Generation in India.