NTPC Ltd. history, profile and history video
NTPC Ltd. engages in the generation and sale of bulk power utilities. It is a diversified power major with presence in the entire value chain of the power generation business. Its business includes providing consultancy, project management and supervision, oil and gas exploration and coal mining. The company generates power from coal, gas and liquid fuel. It undertakes consultancy and turnkey project contracts that comprise engineering, project management, construction management, and operation and maintenance of power plants. The company was founded on November 7, 1975 and is headquartered in New Delhi, India.“
“NTPC History
1975 to 1994
The company was founded in November 1975 as “National Thermal Power Corporation Private Limited”. It started work on its first thermal power project in 1976 at Singrauli in Uttar Pradesh. 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 2 units of 210MW capacity each) from Uttar Pradesh Rajya Vidyut Utpadan Nigam of Uttar Pradesh. By the end of 1994, its installed capacity crossed 15,000 MW.
1995 to 2004
In 1995, it took over the Talchar Thermal Power Station from Orissa State Electricity Board. In the year 1997, Government of India conferred it with “Navratna” status. In the same year it achieved a milestone of generation of 100 billion units of electricity in a year. 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 Himanchal Pradesh.
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 hydro-power projects.In the same year its installed capacity crossed 20,000 MW.
Listing:NTPC got listed on BSE and NSE on 5 November 2004. Against the issue price of INR 62 per share, it closed the first day of listing with INR 75.55 per share. On the day of listing, it become the third largest company in India in terms of market capitalisation.
2005 to present
In October 2005, the company’s name was changed from “National Thermal Power Corporation Limited” to “NTPC Limited”. The primary reason for this change was the company’s foray into hydro and nuclear based power generation along with backward integration by coal mining. In 2006, it entered into an agreement with Government of Sri Lanka to set up two units of 250 MW each in Trincomalee in Sri Lanka. During 2008 and 2011, NTPC entered into Joint Ventures with BHEL, Bharat Forge, NHPC, Coal India,SAIL, NMDC and NPCIL to expand its business of power generation. By the end of 2010, its installed capacity crossed 31,000 MW.”
*Information from Forbes.com and Wikipedia.org
**Video published on YouTube by “A M Films“
