Our Company was incorporated on November 7, 1975 under the Companies
 Act as a private limited company under the name National Thermal
 Power
 Corporation Private Limited, and the word 'Private' was deleted on 
 September30, 1976 consequent upon the notification issued by the GoI
 
 exemptinggovernment companies from the use of word 'private'. in
 their
 name. On September 30,1985, our Company was converted from a 
 private limited company into a public limited company.Subsequently, 
 the name of our Company was changed to its present name NTPC
 Limited. and a fresh certificate of incorporation was issued on
 October
 28, 2005. The name of our Company was changed to reflect the
 diversification of our business operations beyond thermal power
 generation to include,among others, generation of power from 
 hydro, nuclear and renewable energy sourcesand undertaking
 coal mining and oil exploration activities.
 
 For further information on our business including description of our
 activities, services, market of each segment, our growth,
 technology,
 market, managerial competence and capacity built-up, our standing
 with reference to our prominent competitors, see Our Business 
 and Industry Overviewon pages 55 and 44, respectively.
 
 For further information on our business including description of our
 activities, services, market of each segment, our growth,
 technology,
 market, managerial competence and capacity built-up, our standing
 with reference to our prominent competitors, see Our Business 
 and Industry Overview on pages 55 and 44, respectively.
 
 Our Company is not operating under any injunction or restraining 
 order.
 
 In July 1976, the registered office of our Company was changed from
 Shram Shakti Bhawan, New Delhi to Kailash Building, Kasturba Gandhi
 Marg, New Delhi. Subsequently, in May 1979 the registered office of
 our Company was shifted to NTPC Square, 62-63, Nehru Place, New
 Delhi and thereafter in October 1988 to its present location for
 administrative and operational efficiency. 
 
 Major events
 
 1975 - Incorporation of our Company
 
 1978 - Takeover of management of the Badarpur project
 
 1982 - Commissioning of the first 200MW unit at Singrauli
 Center for education at Power Management Institute, Delhi
 established
 First direct foreign currency borrowing . a consortium of foreign
 banks
 led by Standard Chartered Merchant Bank extends a loan of GBP
 298.41 million for the Rihand project
  
 1984 - The transmission line based on High Voltage Direct Current
 (¡°HVDC¡±) technology, commissioned for power transmission from
 Rihand to Delhi Singrauli project received World Bank loan of US$
 150 million through GoI 
 
 1986 - Synchronized first 500MW unit at Singrauli Our Company 
 became one of the first PSUs to issue bonds in the debt market
 
 1987 - 5,000 MW installed capacity mark crossed 
 
 1988 - First syndicated Japanese loan of 30 billion JPY raised
  
 1989 - Consultancy division of our Company launched First unit
 (88 MW) of our Company.s first gas based combined cycle power
 plant at Anta, Rajasthan commissioned
 
 1990 - Total installed capacity of 10,000 MW reached
 
 1992 - First acquisition by our Company of Feroze Gandhi
 Unchahar Thermal Power Station (2x210MW) from Uttar
 Pradesh Rajya Vidyut Utpadan Nigam of Uttar Pradesh The
 transmission systems owned by our Company were transferred
 to Power Grid Corporation of India Limited (¡°PGCIL¡±) pursuant
 to legislation by the Parliament of India
 
 1993 - IBRD extended direct loan of US0 million to our
 Company under time slice concept for its projects
 
 1994 - 15,000 MW of installed capacity achieved Maiden
 declaration of dividend of Rs. 650 million Jhanor-Gandhar
 (Gujarat) becomes our first thermal power station to have
 commissioned an integrated Liquid Waste Treatment Plant
 
 1997 - 'Navratna' status granted by the GoI100 billion units 
 generation in one year achieved A consortium of foreign 
 banks led by Sumitomo Bank, Hong Kong extends foreign 
 currency loan of 5 billion Japanese Yen for the first time
 without GoI guarantee
 
 1998 - Commissioned the first Naphtha based plant at
 Kayamkulam with a capacity of 350 MW
 
 1999 - Our Company.s Dadri thermal power project, Uttar 
 Pradesh adjudged the best in India with a PLF of 96.12%
 Dadri thermal power project, Uttar Pradesh certified with 
 ISO 14001
 
 2002 - Three wholly owned subsidiaries, viz., NTPC Electric 
 Supply Company Limited, NTPC Hydro Limited and NTPC
 Vidyut Vyapar Nigam Limited incorporated ESP
 [Electrostatic precipitators) set up at Talcher power plant
 20,000 MW installed capacity mark exceeded
 
 2003 - Our Company undertook debt re-structuring. Raised 
 funds through bonds (Series XIII and XIV) Construction of
 first hydro-electric power project of 800 MW capacity in
 Himachal Pradesh commenced after the investment
 approval
 
 2004 - The award of contract for the first Super Critical Thermal 
 Power Plant at Sipat Reached a total installed capacity of 22,249 
 MW with the Talcher Unit V getting synchronized on May 13, 2004
 Our Company.s Feroze Gandhi Unchahar Thermal station achieves
 a record PLF of 87.43% in current year up from 18.02% in February
 92 when it was taken over by us LIC extends credit facility for
 Rs. 70 billion. Rs. 40 billion is in the form of unsecured loans and
 Rs.
 30 billion is in the form of bonds Our Company makes its debut issue
 of euro bonds amounting to USD 200 million in the international
 market First coal mining block allotted Listing of our Equity Shares
 on the Stock Exchanges
 
 2005 - Our Company received the International Project Management 
 Award 2005 for its Simhadri project at the International Project
 Management Association World Congress. Oil block allocated under
 NELP V Our Company adopted core values 'BCOMIT' 
 (Buisness Ethics, Customer Focus, Organisational Pride, Mutual
 Respect and Trust, Innovation and Speed and Total Quality for
 Excellence) Our Company ranked as the Third Great Place to work
 for in India for second time in succession by a survey conducted
 by Grow Talent and Business World 2005
 
 2006 - Badarpur Thermal Power Station having an installed capacity 
 of 705 MW transferred to our Company
 
 2007 - MoC, GoI granted in-principle approval for allocation of a
 new
 coal block, Chatti-Bariatu (South) to our Company subject to the
 conditions stipulated in the approval letter. The share of reserves
 is
 estimated to be 354 Million Tonnes
 
 2008 
 - Our Company adjudged as the Star PSU - 2008
 Board expanded by appointment of five independent Directors 
 India Power Award conferred on Centre for Power Efficiency and
 Environmental Protection 
 
 2009 
 
 - Memorandum of understanding entered into with the Nuclear
 Power Corporation of India Limited (NPCIL) for development of
 nuclear power in India 30,000 MW installed capacity mark crossed
 Long term fuel supply agreement signed with Coal India Limited 
 for supply of coal to our power stations for a period of 20 years
 
 Our Company acquired 44.6% of presently paid-up capital of 
 Kerala and Transformers and Electricals Kerala Limited from 
 Government of Kerala at a total consideration of Rs. 313.4 million,
 subject to final price to be based on the valuation of the assets
 of Kerala and Transformers and Electricals Kerala Limited.
 Kerala and Transformers and Electricals Kerala Limited is
 engaged in manufacturing and repair of heavy duty transformers
 International Gold Star Quality Award conferred on Centre for
 Power Efficiency and Environmental Protection.
 
 - NTPC  enters MOU with Nuclear Power Corporation of India Ltd.
 (NPCIL) to work together for development of Nuclear Power in India
 and for this purpose to form a Joint Venture Company for setting up
 Nuclear Power Projects.
 
 - NTPC inks JV agreement with SAIL, RINL, Coal India and NMDC.