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Ntpc limited

The meaning of «ntpc limited»

NTPC Limited, formerly known as National Thermal Power Corporation Limited, is an Indian statutory corporation. It engaged in generation of electricity and allied activities. It is a statutory corporation incorporated under the Companies Act 1956 and is under the jurisdiction of Ministry of Power, Government of India. The headquarters of the company 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.

The body has also ventured into oil and gas exploration and coal mining activities. It is the largest power company in India with an electric power generating capacity of 62,086 MW .[4] Although the company has approx. 16% of the total national capacity, it contributes to over 25% of total power generation due to its focus on operating its power plants at higher efficiency levels (approx. 80.2% against the national PLF rate of 64.5%).NTPC currently produces 25 billion units of electricity per month.

NTPC currently operates 55 power stations (24 Coal, 7 combined cycle gas/liquid fuel, 2 Hydro, 1 Wind, and 11 solar projects). Further, it has 9 coal and 1 gas station, owned by joint ventures or subsidiaries.

It was founded by Government of India in 1975, which now holds 54.74% of its equity shares on 30 June 2016[5] (after divestment of its stake in 2004, 2010, 2013, 2014, 2016, & 2017) In May 2010, NTPC was conferred Maharatna status by the Union Government of India, one of the only four companies to be awarded this status.[6] It is ranked 400th in the Forbes Global 2000 for 2016.[7]

The company was founded on 7 November 1975 by India's former Prime Minister Indira Gandhi.[8] 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.[9] 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.[10] By the end of 1994, its installed capacity crossed 15,000 MW.

In 1995, it took over the Talcher Thermal Power Station from Orissa State Electricity Board.[9] 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.[9] 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.[9] 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.[11] In the same year its installed capacity crossed 20,000 MW.[9]

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