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About Us

NTPC, India's largest power company, was set up in 1975 to accelerate power development in
India. It is emerging as an Integrated Power Major, with a significant presence in the entire
value chain of power generation business.
NTPC ranked 337th in the 2012, Forbes Global 2000 ranking of the Worlds biggest
companies. With a current generating capacity of 43,039 MW, NTPC plans to become a
128,000 MW company by 2032.
NTPC Limited (formerly known as National Thermal Power Corporation Limited) is a
Central Public Sector Undertaking (CPSU) under the Ministry of Power, Government of India,
engaged in the business of generation of electricity and allied activities. It is a company
incorporated under the Companies Act 1956 and a "Government Company" within the meaning
of the act. The headquarters of the company is situated at New Delhi. NTPC's core business is
generation and sale of electricity to state-owned power distribution companies and State
Electricity Boards in India. The company also undertakes consultancy and turnkey project
contracts that comprise of engineering, project management, construction management and
operation and management of power plants. The company 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 42,964 MW.
[4]
Although the company has approx. 18% of the total
national capacity it contributes to over 27% of total power generation due to its focus on
operating its power plants at higher efficiency levels (approx. 83% against the national PLF rate
of 78%).
It was founded by Government of India in 1975, which held 75% of its equity shares on 31
March 2013
[4]
(after divestment of its stake in 2004, 2010 and 2013).
In May 2010, NTPC was conferred Maharatna status by the Union Government of India. It is
listed in Forbes Global 2000 for 2014 at 424th rank in the world.
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 only four companies to be awarded this status.

The total installed capacity of the company is 43,039 MW (including JVs) with 17 coal based and 7 gas
based stations, located across the country. In addition under JVs, 7 stations are coal based & another
station uses naptha/LNG as fuel and 7 renewable energy projects. The company has set a target to have
an installed power generating capacity of 1,28,000 MW by the year 2032. The capacity will have a
diversified fuel mix comprising 56% coal, 16% Gas, 11% Nuclear and 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.

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



Type State-owned enterprise
Public company

Traded as BSE: 532555
NSE: NTPC
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Electric utility
Founded 1975
Headquarters New Delhi, India
Key people Arup Roy Choudhury
(Chairman & MD)
[1]

Products electrical power
natural gas
Services Electricity
generation and distribution
natural gas exploration, production,
transportation and distribution
Revenue INR 73904 Crores (US$ 12.34
billion) (2013-14)
[2]

Net income INR 13834 Crores (US$ 2.31
billion) (2013-14)
[3]

Employees 25,484 (March 2013)
Website www.ntpc.co.in







Diversified Growth


As per new corporate plan, NTPC envisages to have an installed capacity of 128 GW by the year 2032
with a well diversified fuel mix comprising 56% coal, 16% gas, 11% nuclear energy, 9% renewable
energy and 8% hydro power based capacity.
As such, by the year 2032, 28% of NTPCs installed generating capacity will be based on carbon free
energy sources. Further, the coal based capacity will increasingly be based on high-efficient-low-
emission technologies such as Super-critical and Ultra-Super-critical. Along with this growth, NTPC
will utilize a strategic mix of options to ensure fuel security for its fleet of power stations.
Looking at the opportunities coming its way, due to changes in the business environment, NTPC made
changes in its strategy and diversified in the business adjacencies along the energy value chain. In its
pursuit of diversification NTPC has developed strategic alliances and joint ventures with leading
national and international companies. NTPC has also made long strides in developing its Ash Utilization
business.
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.
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.
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.
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.
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.
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.
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.
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.



Future Capacity Additions


NTPC has formulated a long term Corporate Plan to become a 1,28,000 MW company upto 2032. In
line with the Corporate Plan, the capacity addition under implementation presently:
No. PROJECT STATE MW
NTPC
1. Vindhyachal V U-13 Madhya Pradesh 500
2. Koldam Himachal Pradesh 800
3. Barh-I Bihar 1980
4. Barh-II Bihar 660
5. Singrauli CW Discharge (Small Hydro) Uttar Pradesh 8
6. Tapovan Vishnugud Uttarakhand 520
7. Kudgi Karnataka 2400
8. Solapur Maharashtra 1320
9. Mauda-II Maharashtra 1320
10. Bongaigaon Assam 750
11. Lata Tapovan Uttarakhand 171
12. Lara Chhattisgarh 1600
13. Ramagundam Solar Andhra Pradesh 10
14. Gadarwara Madhya Pradesh 1600
17. Unchahar Uttar Pradesh 500
18. Singrauli Solar Uttar Pradesh 15
19. Darlipali Odisha 1600
20. North Karanpura Jharkhand 1980
Total 17,734
JV & Sub. Companies

1. Meja Uttar Pradesh 1320
2. Nabinagar-BRBCL Bihar 1000
3. Kanti Bihar 390
4. Nabinagar-BSEB Bihar 1980
Total 4,690
Grand Total (NTPC + JV & Sub. Companies) 22,424




Business Development


NTPC, with a rich experience of engineering, construction and operation of around 35,000 MW of
thermal generating capacity, is the largest and one of the most efficient power companies in India,
having operations that match the global standards.
Commensurate with our countrys growth challenges, NTPC has embarked upon an ambitious plan to
attain a total installed capacity of 128,000 MW by 2032. Towards this end, NTPC has adopted a multi-
pronged strategy such as Greenfield Projects, Brownfield Projects, Joint Venture and Acquisition route.
Apart from this, NTPC has also adopted the Diversification Strategy in related business areas, such as,
Services, Coal Mining, Power Trading, Power Exchange, Manufacturing to ensure robustness and
growth of the company.
JOINT VENTURE (JV) COMPANIES
The following joint venture companies have been formed so far:
JVs FOR CAPACITY ADDITION
NTPC-SAIL POWER COMPANY (PVT) LTD (NSPCL)
1. A Joint Venture Company of NTPC and SAIL (50: 50 equity) was incorporated on 08.02.1999.
2. 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.
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.

NTPC TAMILNADU ENERGY COMPANY LIMITED
This JV was 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.
OBJECTIVE
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%

ARAVALI POWER COMPANY PRIVATE LTD
The JV Company was Incorporated on 21.12.2006 with, Indraprastha Power Generation Company
Ltd. (IPGCL) and Haryana Power Generation Company Ltd (HPGCL).
OBJECTIVE
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%

MEJA URJA NIGAM PRIVATE LIMITED
The Joint Venture Company has been incorporated on 02.04.2008 with UPRVUNL.
OBJECTIVE
To set up a 2 X 660MW Thermal Power Plant at Meja, Distt. Allahabad
in UP.
PROMOTERS' EQUITY
NTPC: 50%
UPRVUNL : 50%

RATNAGIRI GAS & POWER PVT. LIMITED
This Joint Venture Company was Incorporated on 08.07.2005
OBJECTIVE
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.

NABINAGAR POWER GENERATING CO. PVT. LTD.
The JV Company was Incorporated on 09.09.2008 with Bihar State Electricity Board
OBJECTIVE
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
NTPC -ALSTOM POWER SERVICES PVT. LTD. (NASL)
The JV Company was incorporated on 27.09.1999 and formerly known as NTPC-ABB ALSTOM
POWER SERVICES PVT. LTD)
OBJECTIVE
Undertake Renovation & Modernisation of power stations in India and
other SAARC countries
PROMOTERS' EQUITY
NTPC: 50% ,
ALSTOM Power Generation AG : 50%
Company is engaged in undertaking works of Renovation & Modernization of Power Plants for Power
plant life extension, performance optimization and improvement of availability & efficiency.

UTILITY POWER TECH LTD
This JV company incorporated on 23.11.1995 has been promoted with Reliance Infrastructure
Limited (formerly BSES Limited), a private sector Indian power company.
OBJECTIVE
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%

NATIONAL HIGH POWER TEST LABORATORY PVT. LTD. (NHPTL)
This JV was incorporated along with NHPC, PGCIL and DVC on 22.05.2009
OBJECTIVE
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
NATIONAL POWER EXCHANGE LTD.(NPEX)
This Joint venture Company was incorporated on 11.12.2008 along with NHPC, PFC and TCS
OBJECTIVE
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
NTPC SCCL GLOBAL VENTURES PRIVATE LTD
The JV Company with Singareni Coalieries Company Limited (SCCL) was incorporated on
31.07.2007

OBJECTIVE
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 %

INTERNATIONAL COAL VENTURES PVT. LIMITED (ICVL)
The JV Company was incorporated on 20.05.2009
OBJECTIVE
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
NTPC-BHEL POWER PROJECTS PVT.LTD
The Joint Venture Company was incorporated on 28.04.2008 with BHEL
OBJECTIVE
To explore, secure and execute EPC contracts for Power plants and other
Infrastructure projects in India and abroad.
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%

BF NTPCENERGY SYSTEM LIMITED.
This JV Company with Bharat Forge Limited (BF) was incorporated on 19.06.2008
OBJECTIVE
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%

NTPC-TELK
The shares of Transformers & Electricals Kerala Ltd. (TELK) was bought by NTPC on 19.12.
2009

OBJECTIVE For Manufacturing and repair of Transformers
PROMOTERS' EQUITY
NTPC: 44.6%
Govt. of Kerala: 54.56%
Public: 0.84%

ENERGY EFFICIENCY SERVICES LTD. (EESL)
This JV was incorporated on 10.12.2009 amongst NTPC, PFC, POWERGRID and REC with equal
equity participation.
OBJECTIVE
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%

CIL-NTPC URJA PRIVATE LIMITED (CNUPL)
This JV was incorporated on 27.04.2010 with Coal India Limited (CIL) in New Delhi for
incorporation of Joint Venture Company with 50:50 equity participation
OBJECTIVE
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%

ANUSHAKTI VIDHYUT NIGAM LIMITED (ASHVINI)
This JV was incorporated on 27.01.2011 with Nuclear Power Corporation of India Ltd (NPCIL) for
entering into the business of nuclear power generation
OBJECTIVE
Setting up of nuclear power
projects
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.

ACQUISITION
Business development through Acquisition serves both NTPC's own commercial interest as well as the
interest of the Indian economy. Taking over, being a part of the acquisition process, is also an
opportunity for NTPC to add to its power generation capacity at a very low gestation period. NTPC has,
over the years, acquired the following power stations belonging to other utilities/SEBs and has turned
around each of them using its corporate abilities.
POWER STATIONS TAKEN OVER YEAR ORIGINAL OWNER
2x210 MW FEROZE GANDHI UNCHAHAR THERMAL
POWER STATION
1991
UP Rajya Vidyut Utpadan
Nigam Limited
4x60 MW +2x110 MW TALCHER THERMAL POWER
STATION Orissa State Electricity Board
1995
Orissa State Electricity
Board
4x110 MW TANDA THERMAL POWER STATION 2000
UP Rajya Vidyut Utpadan
Nigam Limited
705MW Badarpur Thermal Power Station Central Electricity
Authority
2006 Central Electricity Authority
DIVERSIFICATION
To broad-base the business and also to ensure growth, diversification in the areas related to NTPC's core
business of power generation such as Hydro power, Distribution, Trading, Coal mining, LNG etc. have
been identified as priority areas.
A.BACKWARD INTEGRATION- COAL MINING
COAL MINING
The policy changes in coal sector provides an opportunity to NTPC to enter captive coal mining
business. Production is expected by 2012 in one coal block already allotted (Pakri Barwadih in the state
of Jharkhand). Five more blocks (~40MTPA) have been allotted to NTPC, including two in JV with
CIL.
In addition to development of its own domestic coal mines NTPC is exploring various other options
including acquisition of stake in coal mines abroad for sourcing of thermal coal for addressing fuel
security concerns.












Board of Directors


Dr. Arup Roy Choudhury, Chairman & Managing Director, NTPC Limited
since September 01, 2010 and Chairman, DVC Since 29.11.2013, has an
illustrious career spanning over 34 years of outstanding contribution in the fields
of engineering, general management, strategic management and business
leadership. He is a Graduate in Civil Engineering from Birla Institute of
Technology, Mesra and a Post-Graduate in Management and Systems from IIT-
Delhi. A keen learner of the latest professional developments, he has been
conferred Doctorate in "Performance Assessment of Infrastructure Development
Projects" from IIT-Delhi in April, 2013.
Dr. Choudhury brings to NTPC the dynamism of a leader with proven abilities to
achieve transformational changes. He seeks to position the Maharatna enterprise
on course to become the largest and best power producer in the world.
Dr. Choudhury has the distinction of becoming the youngest Chief Executive
Officer of a Central Public Sector Enterprise (CPSE) at the age of 44 years when
he joined as Chairman & Managing Director, National Buildings Construction
Corporation Limited (NBCC) on April 03, 2001. Prior to that he had worked in
prominent public and private sector companies since 1979, when he started his
career.
Dr. Choudhury's rich and varied contribution of over 32 years has been
recognized by prestigious professional, academic and Government institutions,
both national and international.
His vision, leadership and industriousness transformed NBCC, which was a sick
company with negative net-worth and salary back-log in 2001, into a blue-chip
enterprise having Schedule 'A' and 'Miniratna' status bestowed upon it by the
Government of India. The stunning turnaround of the Company brought about by
him has enabled NBCC's turnover grow about 10 times and net-worth over 500
times during his tenure of nine-and-a-half years at the helm. He pulled NBCC out
of the abyss and catapulted it into the distinguished league of 'Top Ten CPSEs'.
Under him, NBCC broadened its business horizons. Its entry into power project
development dovetails very productively with his new role as CMD, NTPC.
As Chairman, Standing Conference of Public Enterprises (SCOPE), the apex body
of central public sector enterprises (CPSEs), Dr. Choudhury n effectively led
policy advocacy for greater empowerment of these enterprises. He is also
promoting the cause of greater professionalism, competitiveness, societal
commitment, transparency and global-benchmarking among the CPSEs.
Dr. Choudhury believes in growth and excellence through proactive approach and
his dictum is "Sankalp Shuddha Hi Siddha" i.e. if your intentions are pure, you are
bound to succeed.
Dr. Choudhury has a strong commitment for the well-being of the society at large.
His sharp focus on corporate governance and environmentally sustainable growth
has been demonstrated in concrete actions and substantial benefits.
For detail kindly refer Chairman's Page


Shri I.J.Kapoor, Director (Commercial) since December' 2008 is a Graduate in
Mechanical Engineering and Masters in Business Administration (Marketing). He
joined NTPC in 1978 as 3
rd
batch Engineering Executive Trainee (EET) and is the
first EET to be on the Board of the Company. He has a rich and varied
experience of over 34 years in the areas of Commercial, Engineering, Contracts &
Materials Management, Project Management, Consultancy, Cost Engineering,
Station Engineering and Quality Assurance & Inspection. Prior to his elevation as
Director (Commercial), he was Regional Executive Director (National Capital),
NTPC, responsible for management of ~ 3900 MW generating capacity,
administering more than
th
of NTPC's turn over along with project
implementation activities for 2x490 MW at Dadri Stage-II. As Director
(Commercial), he is responsible for formulation & implementation of policies &
strategies to ensure marketing of NTPC's entire electrical output, appropriate
pricing from regulatory authority and 100% & timely realization from customers,
thereby generate adequate internal resources for the company to meet the future
challenge of higher capacity addition. In addition, he is the Director In- charge of
Consultancy and Business Development activities. He is also part time Chairman
on the Board of Aravali Power Company Private Ltd. (1500 MW) and National
Power Exchange Ltd. He is part time Director on the Board of PTC India Ltd.,
Meja Urja Nigam Private Ltd. (1320 MW), NTPC- BHEL Power Projects Private
Ltd. and NTPC Vidyut Vyapar Nigam Ltd. He is responsible for successful
implementation of National Solar Mission Phase-I. He is a Fellow of Institution of
Engineers, India and Senior Member, IEEE, USA.


Shri N.N.Misra, Director (Operations), graduated in Electrical Engineering with
Honours from Regional Engineering College, Rourkela in the year 1977. Shri
Misra joined NTPC in 1977 as Executive Trainee (2nd Batch). He has an
experience of 33 years in NTPC out of which 28 years were in the Design
Department looking after the various functions of Electrical Design and Project
Engineering beginning with the first Project of NTPC. He is actively associated
with BIS and represents NTPC in Electro Technical Divisional Council of BIS.
Shri Misra represents India in CIGRE (International Conference on Large High
Voltage Electric System) for High Voltage Equipment and has contributed in
many Study Committees and Working Groups of CIGRE. Shri Misra was
involved in selecting and successfully implementing the first 765 KV Sub-Station
of India at Sipat. He has a rich and varied experience having worked as Executive
Director of the National Capital Region, Executive Director looking after
Corporate Contracts & Materials, Executive Director looking after Human
Resources and lastly Executive Director looking after Operation Services. Shri
Misra also represents NTPC as Part-time Director in a number of Joint Ventures
of NTPC.


Shri A.K. Jha has more than 35 years of rich and varied experience in Power
Sector in the areas of Erection and Commissioning, Project Planning &
Monitoring, Project Management. He has also worked in area of Human
Relations. A Mechanical Engineer from Ranchi University 1976 batch, with LLB
from Delhi University in 1996. Shri Jha is a 'B' Level certified Project Manager
from International Project Management Association (IPMA). He has presented
paper on Project Management at IPMA World Congress in Rome in 2008 and
delivered a Lecture on Project Management at International Congress in Tokyo in
2008. Widely travelled, Shri Jha has visited various Power Stations and
manufacturing units in South Korea, UK, USA, Japan, Italy and Russia. He was
earlier Regional Executive Director (NR) in NTPC.


Shri U.P. Pani is a Graduate in Electrical Engineering from BITS PILANI (1978)
and joined NTPC in November, 1978 as (3rd batch) Executive Trainee. He has
worked in Erection, Rehabilitation and Resettlement, Technical Services Deptt. of
Korba STPS (3x200+3x500MW) and Talchar STPS, (6x500MW). He worked as
Business Unit Head (BUH) of NSPCL (joint Venture of NTPC & SAIL) at Bhilai
and Durgapur. He was Head of NTPC Kahalgaon (4x210 MW+3x500MW)
Project. During his tenure, all three 500 MW Units of Kahalgaon Stage-II were
commercialised. He was Head of Project of NTPC's biggest plant, i.e.
Vindhyachal STPP (4260MW). On 15th March 2010, Sh. Pani took over as
Regional Executive Director (Eastern Region-I) and was responsible for overall
functioning of various regional projects of NTPC and projects of various
subsidiaries and joint venture of NTPC.
As BUH in the capacity of GM & RED at various locations and regions, he has
also been responsible for HR functions and has steered numbers of HR initiatives.
As Director (HR), Shri Pani shall be responsible for the entire Human Resource
functions of the organization. He shall be also responsible for the Power
Management Institute (PMI) of NTPC and other corporate functions such as
Industrial Safety, Resettlement & Rehabilitation, Corporate Social Responsibility,
Medical Services and Corporate Security & Coordination.


Shri S.C. Pandey has taken over the charge as Director (Projects), NTPC with
effect from forenoon of 1st October 2013.
Shri S.C. Pandey (56 years) is B.E. in Instrumentation. He joined NTPC in
November, 1978 as (3rd batch) Executive Trainee. He has about 34 years of
comprehensive experience in management of large size power project in the areas
of engineering, project construction and power plant operation and maintenance.
He has a strong background in managing, operating and maintaining few of the
largest stations of the country and has a rich experience and exposure of entire
life cycle from concept to commissioning of Greenfield project.
As Executive Director (Project Planning & Monitoring), he was responsible for
planning and implementation of pre-award and post-award activities related to
Thermal, Hydro, Coal mining, Renewable Energy, R&M and international JVs,
analyzing and identifying bottlenecks and critical issues and suggesting
corrective actions for their timely resolution.


Shri Kulamani Biswal, aged 52 years, a Commerce Graduate from Utkal
University is a fellow in Cost Accountancy along with having distinct
professional qualifications of MBA from New Port University, California, USA;
LLB from Sambalpur University and Diploma in Financial Management from
IGNOU.
The most attributable features of Shri Biswal having been bestowed upon the
present responsibilities are his flair in financial fundamentals; updated knowledge
base and knack in business networking. Shri Biswal started his career with Coal
India Limited in 1985. Later he joined Orissa Electricity Regulatory Commission
at Director level in 1997. In 2004, he was appointed as Chief (Finance), Central
Electricity Regulatory Commission (at the level of Joint Secretary to the
Government of India). In CERC, he played a key role in formulation of Tariff
Regulations 2009-14 and formation of new company called POSOCO to take
care of System Operation and Load Dispatch activities. He also acted as Internal
Financial Advisor in CERC as an added responsibility.
Prior to joining NTPC, he was Director (Finance) in Mahanadi Coalfields
Limited (MCL) since October 2010. In MCL, he was responsible for the entire
Financial Management of the company including treasury, investments,
accounting, internal control systems, budgetary controls and corporate
governance. He played a pivotal role in making MCL as second largest coal
company in India in terms of production and profitability. His astute financial
acumen resulted in optimum utilization of funds amounting to Rs.15,000 crore
earning interest revenue at the rate of 10%, reduction in debtors position to just 4
days, settlement of old Income Tax cases, thereby enabling MCL to achieve
highest ever Profits during his tenure. Besides Coal production, he took various
initiatives towards diversification of business like setting up Thermal Power
Generation Plant, Solar Plant, entering into Transmission business and
developing logistics for coal evacuation.
At personal, professional as well as business level, Sri Biswal strongly believes in
Social Responsibility and he has proven his leadership by ensuring peace
through his involvement in various and social philanthropic activities. Apart from
being a successful Financial Expert, his highly demonstrated poetic skill is one of
the hallmarks of his reflective mind set and down-to-earth personality. He has
travelled many countries and delivered talks and presented on various Forum on
the regulatory aspects of Electricity.
With rich and varied experience of 28 years in Corporate Finance Management
particularly in Coal & Power Sectors, he has taken over the charge of Director
(Finance), NTPC Limited on 9th December 2013.


Shri Pradeep Kumar, aged 52 years, an Indian Administrative Service Officer
of Kerala Cadre, is B. Tech in Electronics, MBA, Master Diploma in Public
Administration and Governance and M. Phil in Social Sciences.
During his illustrious career of 26 years as IAS officer, he has held various
administrative positions in the areas of Revenue, Finance, Transport, Shipping,
Inland Water Transportation, Water Resources, Irrigation, Food and Civil
Supplies, Consumer Affairs, Environment and Forests. Prior to joining as Joint
Secretary & Financial Adviser, Ministry of Power, he was Principal Secretary,
Environment and Forest Department, Government of Kerala.


Shri G. Sai Prasad, aged 47 years is a graduate from Indian Institute of
Technology, (IIT), Delhi and a post-graduate in International Development
Policy from Duke University, USA. Shri Prasad is an Indian Administrative
Service Officer of Andhra Pradesh Cadre (1991 batch).
During his illustrious career of 22 years as IAS officer, he has held various
administrative positions in the areas of administration, land revenue, transport,
energy, power and urban development in the State of Andhra Pradesh. Prior to
joining as Joint Secretary, Ministry of Power, he was the CMD of Central Power
Distribution Company Andhra Pradesh Limited and the Eastern Power
Distribution Company of AP Limited and he was also Vice Chairman & Housing
Commissioner, Housing Department, AP Housing Board, Hyderabad. Presently,
he is holding the additional charge of CMD of NHPC Limited.


Shri S. B. Ghosh Dastidar joined the Indian Railway Traffic Service in 1969
after completing his Bachelor of Engineering (Mech.) from Calcutta University.
During distinguished career almost four decades, Shri Dastidar oversaw the
introduction of many new ideas and innovations in Railways. Shri Dastidar
retired as Member Traffic / Railway Board & Ex-officio Secretary to Govt. of
India, Ministry of Railways, New Delhi. As Chairman of Container Corporation
of India Ltd. (CONCOR), Indian Railways Catering & Tourism Corporation Ltd
(IRCTC), Pipavav Railway Corporation Lrd, and Executive Committee of Canter
for Railway Information System (CRIS), he has vast experience in area of
Planning, Human Resource Development, Marketing, Project Management,
Operations, Management, Finance and Industrial Relationship. Over 37 years of
experience on Indian Railways, he held various prestigious posts including
Member Traffic, General Manager, Chief Operational Manager, Divisional
Railway Manager etc. He played a pivotal role in the Indian Railway.
He was awarded "Padam Shri" by Government of India for his outstanding
contribution in Indian Railways.


Shri Rajib Sekhar Sahoo is a practicing Chartered Accountant born on 1st July,
1962. He qualified as CA in the year 1987. He is one of the Principal partner of
M/s.SRB & Associates, Chartered Accountants.
At present he is a Director in NTPC Limited a Maharatna Company of Govt. of
India, Hindustan Zinc Limited and THDC India Limited (Tehri Hydro
Development Corporation India Limited) appointed by the Appointment
Committee of Cabinet, Govt. of India.
He is a member of Task Force on MoU Deptt. Of Public Enterprise Govt. of India
for the year 2011-12 and 2012-13. He is a member of Sri Jagannath Temple
Managing Committee, Puri appointed by Govt. of Odisha as an Independent
Member. He is an Independent Trustee of Odisha Urban Infrastructure
Development Fund (OUIDF) appointed by Govt. of Odisha. He is a member of
Fee Structure Committee for Professional Educational Institutions of Odisha
appointed as per the direction of Supreme Court of India chaired by a Retd. High
Court Judge since 2007. He is the treasure of The Indus Entrepreneur (TIE)
having head quarter in Silicon Valley, USA.
He was Trustee in Paradip Port Trust from the year 2008-10. He was Director in
Andhra Bank from July, 2008 to July,2011. During his Tenure in Andhra Bank
he was Chairman of the Audit Committee and Member of Risk Management
Committee. He was the chairman of Indo-American Chamber of Commerce
foRthe year 2008-10.


Shri Ajit M. Nimbalkar is a retired Indian Administrative Service Officer of
1967 Batch, Maharashtra Cadre. He is M.A. in Political Science & Public
Administration. He has over 37 years of experience as IAS and has held several
positions at the District, State and Central Levels. He worked in different fields
which included sugar industry of Maharashtra, upliftment of Labour in State and
Central Level, generation & distribution of power, gas distribution, infrastructure
in Mumbai. He retired as Chief Secretary, Maharashtra in May 2004.
Subsequently, after retirement, in order to utilise his services for infrastructure
development, he was appointed as Advisor to the State Government from June
2004 to March 2005. From August 2005 and till August 2011, he served as the
first Chairman of the newly enacted Maharashtra Water Resources Regulatory
Authority, a qausi-judicial post. Shri Nimbalkar has taken over the charge as
Non-Official Part-time Director on the Board of NTPC on 20.01.2012.


Shri S.R. Upadhyay is B.Sc (Hons.) (Mining) from Indian School of Mines,
Dhanbad. He has obtained 1st Class Mines Managership Certificate of
Competency (Coal), 1975. He has retired as Chairman & Managing Director,
Mahanadi Coalfields Limited. He has wide experience in the area of coal mining.
He has contributed a lot in introducing systems of working and capacity
utilisation through use of new and technology-savvy techniques. He was pioneer
in making turnaround of productivity from stagnant or low productivity/ profits to
highest ever production or huge profits. He has published papers on Use of Long
Wall Method of work at shallow depth at Jhanra and on Dealing with fire in Long
Wall face. He is Independent Director on the Board of Northern Coalfield
Limited and a consultant of Power Finance Corporation Consulting Limited. He
is life Member of IMMA, MGMI and was also member of prestigious Board of
Mining Examinations of the Director General of Mines Safety, GOI, while in
service. Shri Upadhyay has taken over the charge as Non-Official Part-time
Director on the Board of NTPC on 20.01.2012.


Ms. Homai A. Daruwalla is a qualified Chartered Accountant. In her career in
Banking, spanning more than three decades, she has worked in various capacities
in Union Bank of India, Oriental Bank of Commerce and retired as Chairman &
Managing Director of Central Bank of India in December 2008. During her
tenure as CMD of Central Bank of India, bank had undergone radical changes by
rejuvenating the working of the Bank through series of bold initiatives, which
yielded positive results for the Bank. She ensured introduction of innovative
products to cater the requirements of its multi-cultural clients. Her main areas of
concern included HRD, Technological upgradations matching industry levels,
Business Process Reengineering with active participation from field and
customizing the products/ services as well as systems and procedures to match
the market requirements. She also handled prestigious assignment as Region of
India Director on the Board of 'The Institute of Internal Auditors', Florida, USA.
During her tenure, Central Bank of India was awarded 'National Award for
Excellence in Medium and Small Enterprise Lending for the year 2007-08 in
recognition of the Bank's outstanding performance in lending to Medium and
Small Enterprise Sector. Ms. Daruwalla is also a recipient of many awards.


Shri Anol Nath Chatterji is graduated from Presidency College, University of
Calcutta, with a Bachelor of Science (Hons) degree in Chemistry. He is a Fellow
of the Canadian Comprehensive Audit Foundation, Ottawa. Shri Chatterji joined
the Indian Audit and Accounts Service in 1974. He has held several important
posts during his career. These include Director of Audit, Department of Atomic
Energy and Space, Accountant General Himachal Pradesh, Principal Director of
Audit, Ordnance Factories and Principal Director of Audit, Railways. He has
worked in the office of the Comptroller and Auditor General of India as Asst.
CAG (Personnel), Principal Director, International Relations and as Director
General, Performance Audit. He has been Director General of the National
Academy of Audit and Accounts, Shimla and later became Director of the
National Institute of Financial Management, Faridabad. Shri Chatterji has been
Additional Deputy CAG responsible for audit of Autonomous Bodies and State
Commercial Enterprises. He was promoted as Deputy CAG and was responsible
for the audit of Indian Railways, Local Bodies and the Accounts of the States.
Concurrently he was also Chairman Audit Board responsible for the Audit of all
Central Public Sector Undertakings. Immediately prior to his retirement Shri
Chatterji was Deputy CAG responsible for the administration of the whole Indian
Audit and Accounts Department. He was also responsible for all Professional
Practices in the Department and was Chairman of the Govt. Accounting
Standards Advisory Board. Currently, he serves as a member of the Independent
Advisory and Oversight Committee of the World Intellectual Property
Organisation, Geneva and member of the Quality Review Board constituted by
the Ministry of Corporate Affairs under the Chartered Accountants Act.


Shri Sushil Khanna is Fellow of Indian Institute of Management, Calcutta (IIM-
C). He is Professor of Economics and Strategic Management at IIM-C since
1991. He has been visiting Professor in various Universities and institutes abroad.
His past positions included Member, Task Force on New Industrial Policy, Govt.
of Kerala, Chairman, Kerala Financial Corp. Member, Management Studies
Board of All India Council for Technical Education etc. He has published several
articles and chapters in the books on the topics relating to Industrial Policy,
Industrial Economics, Strategic Management and Management of Services. His
recent studies/ Consultancy assignments include study of Government/ Public
Sector, Private Sector and Civil Society. He is currently, Member, Board for
Reconstruction of Public Sector Enterprises, and Independent Director on the
Board of Oil India, Shipping Corp of India and Nicco Internet Ventures Limited.


Dr. Alwyn Didar Singh, IAS is Masters in Social Science and M.A. in History,
Political Thought. He also holds Ph.D. in Policy and Strategy of Electronic
Commerce. He retired as Secretary to the Government of India in the Ministry of
Overseas Indian Affairs. During his career, he has held various posts including as
Additional Secretary, Member (Finance), National Highways Authority of India,
Department of Road Transport and Highways; and Joint Secretary in the Ministry
of Heavy Industries and in Ministry of Commerce (Foreign Trade). Dr. Singh has
hands-on-experience in the area of e-commerce and management, having been
Managing Director of two Information Technology enterprises in Punjab i.e.
Punjab Electronics and ESPL and also MD of MCCL (Meghalaya Cement) and
MD of Meghalaya Tourism. He has also been Nominee Director on the Boards of
BHEL, HMT, EPI, HEC, Cement Corporation of India, Andrew Yule. He is an
expert in e-commerce and ICT development; trade and PPP. He has presented a
number of papers and authored books on e-commerce and trade.
Dr. A. Didar Singh has taken the charge as Non-Official Part-time Director
(Independent Director) on the Board of NTPC w.e.f. 23.08.2012.


Shri Prashant Mehta, aged 61 years, an Indian Administrative Services Officer
of Madhya Pradesh Cadre, is a graduate in Science and post-graduate in Physics
from University of Jabalpur, Madhya Pradesh. He retired as Director General,
Academy of Administration, Bhopal, Government of Madhya Pradesh in
November 2011. During his illustrious career of 36 years as IAS officer, he had
held various administrative positions in Madhya Pradesh Government
departments including education, civil aviation, railways, revenue, mines, forests,
etc. He had been actively associated with MP Cricket Association and had been
Chairman, Organising Committee for One-day International Cricket matches
from 1996 to 2011 at Gwalior. Presently, he is Vice-President of Madhya Pradesh
Cricket Association, Executive President of the Gwalior Division Cricket
Association and also the Chairman of WWF (Madhya Pradesh and Chattisgarh).
He had been Managing Director of Kailaras Sugar Factory Morena and
Government Nominee Director on the Board of NALCO, BALCO, Hindustan
Zinc Limited and Hindustan Diamonds Limited.
Shri Prashant Mehta has taken the charge as Non-Official Part-time Director
(Independent Director) on the Board of NTPC w.e.f. 30.07.2013.


Shri M.R.P Rao is Bachelor of Engineering in Mining (Gold Medalist) from
Osmania University, Hyderabad in 1983. After a stint of about 04 years as
Production Incharge in Singareni Collieries Co. Ltd. (SCCL), he joined Indian
Forest Service in 1986 batch. He has held various important positions in Forest
Deptt. Uttar Pradesh. He has taken over as ChiefVigilance Officer in NTPC.



Human Resources


NTPC Elder's Forum
NTPC believes in long term association with its people. We value our people and their services even
after their retirement. Click here to know more
'People before PLF (Plant Load Factor)' is the guiding philosophy behind the entire gamut of HR
policies at NTPC. We are strongly committed to the development and growth of all our employees as
individuals and not just as employees. We currently employ approximately 26,000 people at NTPC.
Competence building, Commitment building, Culture building and Systems building are the four
building blocks on which our HR systems are based.

Our HR Vision
"To enable our people to be a family of committed world class professionals."

Recruitment
We believe in the philosophy of 'Grow your own timber'. Our 'Executive Trainee' scheme was
introduced in 1977 with the objective of raising a cadre of home grown professionals. First Division
Graduate Engineers/ Post graduates are hired through nation-wide open competitive examinations and
campus recruitments. Hiring is followed by 52 weeks of fully paid induction training.
Career Advancement & Opportunities
We have a well established talent management system in place, to ensure that we deliver on our
promise of meaningful growth and relevant challenges for our employees. Our talent management
system comprises PERFORMANCE MANAGEMENT, CAREER PATHS and LEADERSHIP
DEVELOPMENT.


Rewards & Recognitions
We have, from inception, created a culture of rewards and recognitions through celebration of various
achievements and events and recognising the contributions behind such success.
Innovate, Create, Compete
We have introduced numerous initiatives which seek to enhance the creativity, innovation, functional
aptitude and teamwork of our employees. These initiatives include National Open Competition for
Executive Talent (NOCET), Professional Circles, Quality Circles, Business Minds and Medha
Pratiyogita (a quiz for our employees). A management journal called Horizon is published quarterly
to enable the employees to share their ideas and experiences across the organisation.




Quality of Work-Life
NTPC is proud of its systems for providing a good quality of work-life for its employees. In addition to
providing beautiful and safe work places, NTPC encourages a culture of mutual respect and trust
amongst peers, superiors and subordinates.

Away from hectic city life, NTPC townships provide an environment of serenity, natural beauty and
close community living. Numerous welfare and recreation facilities including schools, hospitals and
clubs are provided at the townships to enhance quality of life & the well being of employees and their
families. An entire range of benefits, from child care leave to post retirement medical benefits are
extended to employees to meet any exigency that may arise in a person's life.
Knowledge Management in NTPC
To meet our ultimate objective of becoming a learning organisation, an integrated Knowledge
Management System has been developed, which facilitates tacit knowledge in the form of learning and
experiences of employees to be captured and summarized for future reference.
Training & Development
NTPC subscribes to the belief that efficiency, effectiveness and success of the organisation, depends
largely on the skills, abilities and commitment of the employees who constitute the most important
asset of the organisation.
We have developed our own comprehensive training infrastructure.
Education Up-gradation Schemes
To meet the academic aspirations of employees and match them with the needs of the organisation,
NTPC has tie-ups with institutes of repute like MDI, Gurgaon; IIT Delhi; BITS Pilani, etc. NTPC
sponsors batches of employees who are inducted into these courses based on their performance rating
in the company and their performance in the entrance exam conducted by the respective institute.
Unlike other study leave and sabbaticals, employees undergoing these courses do not forego their
salary or growth during the duration of the course.
Seeking Feedback
We actively seek and encourage employee feedback to ensure that our HR interventions and
practices remain relevant and meaningful. We regularly conduct Employee Satisfaction and
Organisational Climate Surveys.
Awards
We derive immense satisfaction from the awards we receive and the resulting recognition they bestow.
The awards are key indicators and milestones on our HR journey, and reinforce our HR philosophy and
practices. NTPC has been awarded No.1, Best Workplace in India among large organisations for the
year 2012, by the Great Places to Work Institute, India Chapter in collaboration with The Economic
Times. This year, NTPC is the only PSUs , First in large organizations , 1st in energy , oil and gas
industry amongst the Best Companies to Work for in India.

NTPC has been ranked first amongst PSUs, 1st amongst large organizations (over 10000 employees)
and 1st in energy and oil and gas industry sector amongst Indias Best Companies to Work For- 2013
by The Great Place to Work Institute. The company has been positioned sixth Great Place to Work for
in the country. Shri U. P. Pani Director (HR) and Shri G.J. Deshpande, Regional Executive Director,
NTPC received the award at a ceremony held in Mumbai.
Great Place to Work Institute is a pioneer in studying and recognizing best work places around the
world for over 28 years. Around 535organizations registered for the study this year in India.
NTPC has continuously been part of the Best Workplaces List for the last nine years and has been
consistently amongst top performers. NTPCs people practices are rated among best in the country. In
all these surveys, feedback was taken directly from the employees regarding how and what they feel
about NTPC

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