Chairman's Statement Print

NTPC: Powering Million Smiles

Your Company generates electricity that lights homes, brightens villages,irrigates fields, powers businesses and moves the railways. With pan-India presence and perspective, your Company is supplying power through its large and efficient fleet of power generating stations with total capacity of 30,644 MW. It has 22 stations, consisting of 112 units of different sizes,vintage and technologies but all have one common feature, that of generating power at high efficiency levels. Your Company’s stations and projects are located in 16 States and the Union Territory of Delhi. It supplies power to 24 States and 5 Union Territories. After the completion of its Bongaigaon Thermal Power Project in Assam, it will be supplying power to all the 28 States of India. Your Company has been described as a 'magnificent national enterprise'and as a 'great success story of our times'.It is a precious national asset and a profitable business enterprise.

Your Company provides growth momentum to the sector, creates benchmarks of operational excellence and promotes sustainable energy development. It is committed to develop and provide reliable power, related products and services at a competitive price, integrating multiple energy sources with innovative and eco-friendly technologies

Your Company has 5 subsidiaries and 15 joint ventures which strengthen its business model aimed at related diversification and integration along the energy-value-chain as an effective growth strategy.

Your Company’s stock remained the most resilient during the recent phase of market slowdown and turbulence, demonstrating that your Company has the strength to maintain its course even in rough weather.

Strong asset base of over Rs. 1 trillion or Rs. 1 lakh crore, robust business model, prudent strategies, growth oriented market and its corporate strengths guarantee steady progress of your Company over the long term.

In the process of realizing its Vision to become “A world class integrated power major, powering India’s growth, with increasing global presence”, your Company is poised to have 75,000 MW generation capacity with diverse fuel mix, about 47 mtpa coal production from its mines, 25 billion units power trading volume and an employee strength of about 35,000 by the year 2017. Thus your Company is firmly on course to become a huge and integrated energy corporate.

I take this opportunity to share with you what our assumptions are, what we stand for, what we are doing now, and what we are committed to doing in the future.

We resolve to maximize value for all the stakeholders.