National Thermal Power Corp (NTPC), India's largest power company, was set up in 1975 to accelerate power development in India. It 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 384th in the ‘2013, Forbes Global 2000’ ranking of the World’s biggest companies. NTPC became a Maharatna company in May 2010, one of the only four companies to be awarded this status.
The company has set a target to have an installed power generating capacity of 128,000 megawatt (MW) by the year 2032. The capacity will have a diversified fuel mix comprising 56 per cent coal, 16 per cent gas, 11 per cent nuclear and 17 per cent renewable energy sources including hydro. By 2032, non-fossil fuel based generation capacity shall make up nearly 28 per cent of NTPC’s portfolio.
NTPC: A public sector success
|1997||Identified by the Government of India (GOI) as one of the Navratna public sector undertakings|
|2004||Became a listed company|
|2009||Signed a long term Fuel Supply Agreement with Coal India Ltd (CIL) for supply of coal to NTPC power stations for 20 years|
|2010||Ranked no. 1 independent power producer in Asia|
|2013||Honored as the top performing thermal Generator in the Power line Awards|
Updated: August, 2013