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NTPC Limited
www.ntpc.co.in/
NTPC Limited

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This article may require copy editing for grammar, style, cohesion, tone, or spelling. (July 2022)

NTPC Limited, formerly known as National Thermal Power Corporation Limited, is an Indian central public sector undertaking under the ownership of Ministry of Power, Government of India which is engaged in generation of electricity and allied activities. The headquarters of the psu is situated at New Delhi. NTPC's core function is the generation and distribution of electricity to State Electricity Boards in India. The body also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management, and operation and management of power plants.

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Revenue

₹132,669crore (US$17 billion) (2022)[3]

Operating income

₹19,500 crore (US$2.4 billion) (2022)[3]

Net income

₹15,940 crore (US$2.0 billion) (2022)[3]

Total assets

 ₹398,966 crore (US$50 billion) (2021)[3]

Total equity 

₹125,738 crore (US$16 billion) (2021)[3


1975 to 1994Edit

The company was founded on 7 November 1975 by India's former Prime Minister Indira Gandhi.[9] as "National Thermal Power Corporation Private Limited". It started work on its first thermal power project in 1976 at Shaktinagar (named National Thermal Power Corporation Private Limited Singrauli) in Uttar Pradesh.[10] In the same year, its name was changed to "National Thermal Power Corporation Limited". In 1983, NTPC began commercial operations (of selling power) and earned profits of INR 4.5 crores in FY 1982–83. By the end of 1985, it had achieved power generation capacity of 2000 MW.
In 1986, it completed synchronisation of its first 500 MW unit at Singrauli. In 1988, it commissioned two 500 MW units, one each in Rihand and Ramagundam. In 1989, it started a consultancy division. In 1992, it acquired Feroze Gandhi Unchahar Thermal Power Station (with from Uttar Pradesh Rajya Vidyut Utpadan Nigam of Uttar Pradesh.[11] By the end of 1994, its installed capacity crossed 15,000 MW.

1995 to 2004Edit

In 1995, it took over the Talcher Thermal Power Station from Orissa State Electricity Board.[10] In the year 1997, the Government of India conferred it with "Navratna" status. In the same year, it achieved a milestone of the generation of 100 billion units of electricity in a year.[10] In 1998, it commissioned its first Naptha-based plant at Kayamkulam with a capacity of 350 MW. In 1999, its plant in Dadri, which had the highest plant load factor (PLF) in India of 96%, was certified with ISO-14001. During 2000, it commenced construction of its first hydro-electric power project, with 800 MW capacity, in Himachal Pradesh.[10]
In 2002, it incorporated 3 subsidiary companies: "NTPC Electric Supply Company Limited" for forward integration by entering into the business of distribution and trading of power; "NTPC Vidyut Vyapar Nigam Limited" for meeting the expected rise in energy trading; "NTPC Hydro Limited" to carry out the business of implementing and operating small and medium hydropower projects.[12] In the same year its installed capacity crossed 20,000 MW.[10]

Listing: NTPC got listed on BSE and NSE on 5 November 2004. Against the issue price of ₹62 per share, it closed the first day of listing with ₹75.55 per share.[13] On the day of listing, it became the third largest company in India in terms of market capitalisation.[14]