Sep 02, 2010, 10.49 PM IST | Source: CNBC-TV18

NTPC new CMD Arup Roy Choudhury cuts capacity targets

NTPCs new chairman and managing director Arup Roy Choudhury who has taken over yesterday has revised capacity targets, reports CNBC-TV18.

NTPC new CMD Arup Roy Choudhury cuts capacity targets

NTPC s new chairman and managing director Arup Roy Choudhury who has taken over yesterday has revised capacity targets, reports CNBC-TV18.

Target of 11th Plan is now fixed at 13,750 MW from the earlier target of 17,760 MW. NTPC has added 4,790 MW since 2007, Roy Choudhury elaborated.

NTPC aiming to achieve 75,000 MW by 2017. Under the new leadership, NTPC is planning to add 6,000 MW annually from now on.

The company is also revamping recruitment efforts under which it will recruit 1,000 engineering trainees annually over five years. NTPC will set up new recruitment and training facility, informed Roy Choudhury.

He added, We will re-charter job design of NTPC board and to review delegation of power in the company.

 

NTPC stock price

On April 16, 2014, NTPC closed at Rs 122.60, down Rs 2.85, or 2.27 percent. The 52-week high of the share was Rs 162.80 and the 52-week low was Rs 110.90.


The company's trailing 12-month (TTM) EPS was at Rs 14.87 per share as per the quarter ended December 2013. The stock's price-to-earnings (P/E) ratio was 8.24. The latest book value of the company is Rs 97.49 per share. At current value, the price-to-book value of the company is 1.26.

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