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NTPC > Company History > Power - Generation/Distribution > Company History of NTPC - BSE: 532555, NSE: NTPC

NTPC

BSE: 532555  |  NSE: NTPC  |  ISIN: INE733E01010  |  Power - Generation/Distribution

Company History - NTPC
YEAR                                                           EVENTS
 1993 - The Company achieved all the targets set under the Memorandum
              Understanding (MOU) signed with the Government of India
 for the 5
              successive year.
 
             - Korba - the first biggest power station of the Country
 situated
                in Bilaspur district of M. P.
 
             - Unit-I was synchronised in March, 1992.
 
             - Due to the disturbed conditions in Russia the supply of
 balance
               parts for the other units had been very adversely
 affected.  As a
               result, despite best efforts, the second unit could not
 be
               commissioned in 1992-93 and it will now be commissioned
 in
               1993-94.
 
            - Unit-I was commissioned during 1991-92.  Two more units
 were
              added during 1992-93.  These units are under
 stabilisation.
 
            - The construction work on fourth unit was substantially
 affected
              due to non-performance of some of the contractors and
 the Unit is
              now envisaged to be commissioned during early 1994-95.
 
           - The first gas turbine was synchronised in 1991-92, the
 remaining
              three gas turbines and two (2) steam turbines were
 commissioned
              in the financial year 1992-93.
 
           - Generation at NTPC's coal and gas based power stations
 was
              affected severely due to coal and gas shortages and also
 due to
              grid restrictions.
 
            - Karnataka Government has entered into an understanding
 with M/s.
              Cogentrix, USA for establishing Mangalore TPP.
 
            - NTPC has always been the trail blazer in
 acquiring/assimilating
              and developing the latest state-of-the-art technologies
 for
              ensuring high level of operational performance of its
 plants in
              terms of availability, reliability, efficiency and
 pollution
             control.
 
           - NTPC has been recognised as the first utility to build
 in-house
             Company by bodies like BIS, SEI and the industry.
 
           - During the year, NTPC initiated studies like ecological
 impact
             assessment through satellite imageries, detailed
 geohydrological
             studies around ash pond of various projects.
 
           - An agreement was signed with M/s. Ballarpur Industries
 Ltd.
             (BILT) for supply of dryfly ash at the rate of about
 250T
             per day from Badarpur Thermal Power Plant for the
 manufacture of
             aerated autoclaved concrete products.
 
           - NTPC has entered the era of ON-line Information
 environment
             through INGRESS RDBMS.
 
           - NTPC has made its successful way into exciting Hi-tech
 field of
             MULTIMEDIA by installing first Multimedia Workstation.
  
           - A new company, Spectrum Power Generation Ltd.  Jointly
 promoted
             by Spectrum Technologies, USA, Jaya Food Industries,
 Hyderabad
             and NTPC, to implement the project has been formed.
 
           - The Power Purchase Agreement, Promoters' Agreement and
 Fuel
              Supply Agreement etc. have been signed.
 
           - The Award of Honour from the National Safety Council (UK)
 have
              been won by NTPC as a high performing organisation in
 the area of
              Safety.
 
            - NTPC organised special Family Welfare Camps in its
              projects/stations, primarily for the benefit of nearby
              population, where attractive monetary and non-monetary
 incentives  
              were offered by NTPC in addition to the incentive
 offered by the
              State Govt.
 
           - The NTPC Rehabilitation & Resettlement Policy was
 modified with
             an objective to ensure that the project affected persons
 improve
             or at least regain their existing standard of living at
 the time
             of acquisition of land.
 
          - The NTPC Pavilions at Ichchapur, in West Bengal and Patna
 in
             Bihar, where energy conservation and environment were the
 main
             themes, received the first and second prizes respectively
 for
             best display.
 
           - The employees of the company have got Prime Minister's
 Shram
              Awards.  This is the eighth consecutive year that the
 company is
             getting the award.
  
           - NTPC has also bagged the Company Standardization Award
 for 1992
             from Institute of Standards Engineers, an affiliated
 professional
             body of Bureau of Indian Standards.
 
 1994 - A tripartite agreement was signed during the year between
 NTPC,
             UPSEB and GAIL for direct power supply to GAIL.
 
           - NTPC made a Public Issue of Bonds for Rs. 150 crores in
 December
              '93 which was oversubscribed by more than four times.
 
           - During the year 1993-94, Rihand STPP (2x500 MW)
 generation was
             affected due to problem of vibration in the generation of
 Unit-I 
             necessitating it's shut down for 55 days resulting in
 loss of
             generation of about 660 MUs.
 
           - An agreement for financial assistance for Faridabad
 Combined
             Cycle Gas Based Power Project (400 MW) has been singed
 with OECF,
             Japan.
 
           - NTPC and Oman Oil Company Ltd (OOC) have entered into a
             Memorandum of Understanding (MOU) to promote a joint
 stock public
             limited company with the intent of both parties along
 with other
             associates to subscribe to equity to set up gas based
 power
             projects under the latest guidelines issued by the Govt.
 of
             India for private sector participation in power
 generation and
             distribution.
 
           - During the year, NTPC bagged the prestigious Jawaharlal
 Nehru
             Memorial National Award for effective implementation of
             Pollution Control Methods, among the entire Indian Power
 Sector.
 
           - MOUs have been signed with M/s. Nagarjuna Litecrete Ltd.
 and M/s.  
             Ria-Shelcon for setting up ash based products
 manufacturing units
             with ash from Ramagundam and Farakka Power Stations.
 
           - NTPC's representative was a member of the Task Force set
 up by
             Govt. of India for Standardisation of various Bid
 Documents for
             the procurement of work, equipment & services against
 World Bank
             financing.
 
           - During the year the National Safety award from the
 Government of
              India was conferred on Singrauli STPS (Runners Up Award)
 and
              Farakka STPP (Consolation Award).
 
            - British Safety Council has also awarded the prestigious
 National 
              Safety Award to six Projects of NTPC at Badarpur,
 Korba,
              Ramagundam , BALCO, Anta and Kawas.
 
            - NTPC became a member of the newly constituted Power
 Sports
              Control Board during the year and successfully organised
 the
              First Inter PSU Cricket Tournament at Singrauli, NTPC
 teams won
              the team championships in Cricket, Volleyball, Hockey,
 Table
              Tennis and Chess and were the runners up in Bridge.
 
            - A news magazine Vidyut Swar in Hindi has been launched
 to 
              encourage the forum for budding talents.
 
 2000 - Maharashtra State Electricity Board has signed separate power
              purchase agreement with the company for the total power
 supply of
              1,345 mw from Kawas-II, Gandhar-II, Vindhyachal-II and
 Siptat
              power stations.
 
           - The capacity of the Company at Talcher in Orissa is
 expanding
              from 1,000 mw to 2,000 mw.
 
            - The Company has signed a memorandum of understanding
 with the
              Ministry of Power for generating 9,4000 million units
 of
              electricity during the current financial year.
 
            - The Company is likely to be the joint venture partner
 of
               newly-formed SAIL Power Supply Company Ltd, a
 wholly-owned
               subsidiary of Steel Authority of India Ltd.
 
            - The Company will sign a joint venture agreement to pick
 up 26 per
               cent stake in the Gujarat Pipapav Liquefied Natural Gas
 Ltd's
               Rs 2,500 crore LNG terminal.
 
             - The Company has proposed to pick up a majority stake in
 Nathpa
               Jakhri Power Corporation following shortfall in equity
               contribution by the centre and the state government for
 the 1500
                mw hydel project in Himachal Pradesh.
 
             - The Company is getting into wind power segment,
 starting
               preliminary work on two projects in Karnataka and Tamil
 Nadu each
                with a capacity of 20 MW. 
 
             - NTPC will set up a Rs 8,000-crore LNG fuelled power
 plant in
               Mangalore.
 
             - The Company has established a 2000MW gas-based power
 plant near      
                Mangalore.
 
             - The Company will double its generation capacity in the
 southern
                region to 6,900 mw by the end of the Tenth Plan.
 
             - The Company is switching over to higher capacity plant
 size of
                660 MW and new generation power plant technology by
 adopting
                supercritical parameters.
 
             - Shhri Raghavan Pillai Parameswaran Nair of Korba
 Station of the Company
                is the only recepient of the Shram Ratna Award.  This
 is the second consecutive
                year that NTPC has won the Shram Ratna award.
 
             - The Company has signed an agreement with State Bank of
 Patiala to raise a long-term
                loan of Rs 150 crores for part-financing its ongoing
 power generation capacity
                expansion programme.
 
             - The Company have bagged the `British Safety Council
 Awards' for the year 1999 in
                recognition and commendation of services rendered for
 the cause of safety in the projects.
                The award winning stations are Ramagundam, Farakka,
 Rihand, Vindhyachal, Unchahar,
                Dadri, Talcher Kaniha, Talcher Thermal, Anta, Jhanor
 Gandhar and NTPC-managed
                Badarpur Station.
 
              - Mr. C.P. Jain has taken over as Chairman and Managing
 Director of the Company.
 
              - State-owned National Thermal Power Corporation has
 agreed to pick up a minority
                10 per cent stake in Coal India Ltd's proposed venture
 in Bihar to supply coal to the
                 thermal power giant's four greenfield power projects
 in the state.
 
              - NTPC and ONGC are forming a new joint venture company
 for setting up gas residue-based 
                power projects.
 
              - Moody's Investors Services has assigned a `BA2'
 long-term foreign currency issuer
                 rating to the company.
 
             - The Company has launched a drive to recover arrears
 from the electricity boards of
                Maharashtra, Madhya Pradesh, Gujarat, Goa, Daman and
 Diu and Dadra Nagarhaveli.
 
             - The Company has developed a unique financial tool to
 ensure payment of the past dues.
 
             - The state-run National Thermal Power Corporation has
 offered to set up a coal-based
                power project in Maharashtra.
 
 2001 - The Workers of the Company observed a one-day strike, the
 strike call has been given
               by the Centre of India Trade Union.
 
            - The Company has signed a memorandum of understanding
 with the government to 
               generate 1,21,000 million units of electricity during
 2001-2002.
 
            -  The indian Oil Corporation and National Thermal Power
 Corporation have signed a
                memorandum of understanding to set up petro-fuel power
 plants in India.
 
           - :The National Thermal Power Corporation (NTPC) has
 informed the government that it is not interested in taking over the
 Enron-promoted Dabhol Power Project.
 
           -The National Thermal Power Corporation (NTPC) is planning
 to install new power plants in its western region, which could be of
 1000 mw or more.
 
 2003
 
 -'Best Employer' survey conducted by Business Today and Hewitt
 Associates rates National Thermal Power Corporation (NTPC) as the
 best employer among publlic sector undertakings for 2002-03
 
 -Receives Rs 11,503 crore bonds from State Electricity Boards (SEB)
 towards dues
 
 - Inked Rs 7,000-cr Loan agreement with LIC.
 
 -NTPC  Ramagundam unit has received the Rajbhasha Award for 2002-03.
 In spite of its presence in a non-Hindi speaking area, the company
 has bagged the award for eight times.
 
 -Inks power purchase agreement with Mahrashtra State Electricity
 Board (MSEB)
 
 2004
 
 -NTPC join hands with Kerala State Industrial Development Corporation
 (KSIDC) for setting up LNG terminal
 
 - The Kerala State Industrial Development Corporation (KSIDC) join
 hands with NTPC for Kayamkulam project
 
 -NTPC inks pact for expansion of Kayamkulam thermal plant
 
 -Vajpayee dedicates NTPC power project to nation
 
 -Prime Minister unveils Simhadri project
 
 -Shyam Benegal's film for NTPC adjudged as best film on corporate
 responsibility
 
 -NTPC and others join hands for Pipavav project
 
 -NTPC signs accord with ASCI for joint research
 
 -NTPC has signed a memorandum of understanding (MoU) with
 Administrative Staff College of India (ASCI) for carrying out joint
 research and prepare well-documented policy options that would
 contribute to reform and sectoral growth in the area of generation,
 transmission and distribution of power.
 
 -National Thermal Power Corporation, Kayamkulam, gets award for
 industrial safety instituted by National Safety Council, Kerala
 Chapter, in other industries category
 
 -Entered into an agreement with Indian Institute of Technology,
 Mumbai, to promote research and development in several areas
 including power distribution and renewable technology.
 
 -The 1000-MW Simhadri thermal power plant of the NTPC here has got
 the ISO-9001 certification for quality management, ISO-14001 for
 environment management and OHSAS - 18001 for safety management.
 
 - NTPC expands installed capacity to 22,250 MW
 
 -National Thermal Power Corporation Ltd. (NTPC) has bagged the
 Enterprise Excellence Award
 
 -The National Thermal Power Corporation (NTPC) has signed an
 agreement with Uttaranchal government to develop two hydro-electric
 projects with an installed capacity of 1120 mw in the hill state
 
 -NTPC floats JV with TNEB for 1,000 MW power project in Ennore
 
 2005
 
 -NTPC forges alliance with IOC for new power plant
 
 -NTPC CMD wins SCOPE award
 
 -NTPC may ink agreement with RIL for gas supply
 
 - NTPC Hydro signs agreement to implement Hydro-Electric Power
 Project
 
 -NTPC Hydro signs agreement with WBSEB for 90mw unit
 
 - Bharat Heavy Electricals (BHEL) teams up with National Thermal
 Power Corporation (NTPC) for promoting a 100 mw IGCC (integrated
 gassification and combined cycle) power project.
 
 - NTPC signs MoU with Defence Metallurgical Research Laboratory
 (DMRL) to develop gas turbine blades
 
 2006
 
 - NTPC appoints Mr R. Venkateswaran  as General Manager
 
 -NTPC to set up 500MW plant in Sri Lanka
 
 2007
 
 -National Thermal Power Corporation Ltd (NTPC) has informed that
 Shri. K B Dubey has taken over as Director (Projects) of the Company
 w.e.f. January 12, 2007.
 
 -National Thermal Power Corporation Ltd (NTPC) has forayed into an
 pact with Coal India Ltd (CIL) to build and run coal blocks and
 integrated coal based power plants.
 
 -NTPC Ltd has inked a memorandum of understanding (MoU) with the
 Ministry of Power.
 -NTPC signs 0mn loan agreement with KfW
 
 -NTPC Ltd and Singareni Collieries Company Ltd (SCCL) on May 11,
 forayed into an equal joint venture for development, operation and
 maintenance of coal blocks.
 
 -NTPC Ltd on May 23,2007 inked an agreement with Chhattisgarh State
 Electricity Board to sell electricity from its Barh Super Thermal
 Power Station (stage II).
 
 - Ntpc Limited has has appointed Shri Rajesh Verma, Joint Secretary
 and Financial Advisor, Ministry of Power as Part-time Director
 (Government nominee) on the Board of NTPC Limited.
 
 -National Thermal Power Corporation Ltd (NTPC) has informed that a
 Memorandum of Understanding (MOU) has been signed on July 29, 2007
 between the Company and Anna University, Chennai (AUC) to provide a
 platform for knowledge sharing and collaboration to promote Research
 and Development.
 
 -Ntpc Limited has informed that As per order No. 8/6/2007 - TH. I
 dated 30th August , 2007 of the Ministry of Power, Government of
 India and in pursuance of Article 41 of the Articles of Association
 of NTPC Limited, the President has appointed Shri V.P. Joy, Joint
 Secretary, Ministry of Power as Part- time Director (Government
 nominee) on the Board of NTPC Limited, with effect from August 30,
 2007.
 
 -National Thermal Power Corporation Ltd (NTPC) has has signed a
 Memorandum of Understanding (MOU) with Bharat Heavy Electricals Ltd
 (BHEL) for forming a Joint Venture Company for carrying out
 Engineering Procurement and Construction (EPC) activities in the
 power sector on mutually beneficial terms.
Source : Religare Technova

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