History of NTPC

_x000D_ NTPC Limited, formerly known as the National Thermal Power Corporation, is a prominent Indian Central Public Sector Undertaking (CPSU) operating under the Ministry of Power and the Government of India. Established on November 7, 1975, NTPC's headquarters is strategically located in New Delhi, India, from where it oversees its pivotal role in electricity generation and distribution to State Electricity Boards across the country. _x000D_ _x000D_ Distinguished as the largest power company in India, NTPC boasts an impressive electric power generating capacity of 71,594 MW. Remarkably, the company contributes over 25% of the nation's total power generation. Each month, NTPC currently produces a staggering 25 billion units of electricity._x000D_ _x000D_ NTPC's diverse energy portfolio comprises 55 power stations, including 24 coal-based, seven combined cycle gas and liquid fuel, two hydro-powered, one wind turbine, and 11 solar projects. Additionally, NTPC has interests in nine coal and one gas station through joint ventures or subsidiaries._x000D_ _x000D_ Over its storied history, NTPC has seen changes in its ownership structure. Initially founded with majority ownership by the Government of India, NTPC's equity shares have undergone divestment activities in various phases, resulting in the government holding 51.1% of its equity shares. On February 3, 2010, NTPC Ltd launched its IPO. In May 2010, NTPC was granted Maharatna status by the Union Government of India._x000D_

Business Segments

_x000D_ NTPC engages in various business activities including:_x000D_

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1. Power Project Construction
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2. Renovation and modernisation of Power Stations
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3. Generation of Electric Power
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4. Coal Mining and Coal Washery
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5. Oil/ Gas Exploration
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6. Distribution and Trading of Electricity through its wholly-owned subsidiary companies
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_x000D_ The current operational capacity of the NTPC Group stands at 73,824 MW, which includes 15,986 MW generated through joint ventures and subsidiaries. This capacity is distributed across 51 NTPC stations._x000D_ _x000D_ As of March 31, 2023, NTPC has consistently maintained high-efficiency levels in its power plants. With a remarkable 17% share of the total national capacity, the company stands as a significant contributor to India's power generation landscape. Impressively, NTPC plays a pivotal role in the nation's energy sector, accounting for a substantial 25% of the total power generation in India. _x000D_ _x000D_ NTPC's commitment to sustainability extends to coal mining operations through its involvement in International Coal Ventures Private Limited (ICVL), a joint venture with other state enterprises. ICVL's acquisition of a substantial stake in the Benga coal mine in Mozambique from the Rio Tinto Group exemplified NTPC's global aspirations._x000D_

Key Personnel

_x000D_ Gurdeep Singh, MD & Chairman_x000D_ _x000D_ Gurdeep Singh has served as the Chairman & Managing Director of NTPC Limited since 2016. Prior to his role at NTPC, he held the position of Managing Director at the Gujarat State Electricity Company Limited. With a career spanning over three decades in the power sector, Gurdeep Singh has acquired extensive experience and expertise. His journey began in 1987 as an Engineer Trainee with NTPC, and he has steadily progressed through various roles in both the public and private sectors, including multinational corporations. _x000D_

Corporate Actions

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• NTPC Limited issued a bonus of 1 share for every 5 held to eligible shareholders on March 19, 2019, with a record date of March 20, 2019.
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• NTPC Limited implemented a 1:1 bonus debenture scheme from March 20 to March 23, 2015, providing shareholders with bonus debentures in a 1:1 ratio.
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Financial Highlights

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• The NTPC Group achieved a record annual generation of 399 Billion Units in FY 2023, up by approximately 11% from 361 Billion Units in FY 2022.
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• NTPC's standalone gross generation in FY 2023 reached 344 Billion Units, a similar 11% increase from the previous year's 310 Billion Units.
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• NTPC Coal stations achieved a remarkable Plant Load Factor (PLF) of 75.90% in FY 2023, surpassing the national average of 64.21%.
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• On a standalone basis, NTPC's Total Income for FY 2023 was ₹1,67,724 crore, marking a substantial 34.45% increase from the previous year's ₹1,24,750 crore. Profit After Tax (PAT) for FY 2023 stood at ₹17,197 crore, representing a 5.62% increase compared to ₹16,282 crore in FY 2022.
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• On a consolidated basis, the NTPC Group's total income for FY 2023 amounted to ₹1,77,977 crore, showing a significant 31.84% increase from the previous year's ₹1,34,994 crore. The group's Profit After Tax (PAT) for FY 2023 was ₹17,121 crore, compared to the corresponding previous year's PAT of ₹16,960 crore.
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