NTPC Ltd.

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 US$400 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
 
 2005
 
 -Company has changed its name from National Thermal Power Corporation
 Ltd. to NTPC Ltd                                                      
             
                                    
 
 
 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.
 
 2010
 
 - NTPC and EPC firm Larsen and Toubro are among the companies that
 have shown interest in partnering Indian Oil Corporation (IOC) in its
 $750-million LNG import terminal at Ennore near Chennai.
 
 - National Thermal Power Corporation (NTPC) Ltd. has said that it has
 tripled the volume of natural gas that it buys from Reliance
 Industries at the government-approved price of $4.2 per 
 mBtu, to 1.81 mn standard cubic meters a day (mscmd).
 
 - NTPC has signed a pact with Gujarat Power Corporation (GPCL) in
 order to execute 500 MW renewable energy based projects, preferably
 wind and solar energy in the state.
 
 - Ntpc Limited has informed that: A Joint Venture Agreement has been
 executed on 27.04.2010 between NTPC Limited and Nuclear Power
 Corporation of India Limited (NPCIL) for formation of a Public
 Limited Company to set up nuclear power project with two nuclear
 reactor units which may be extended to setting-up additional Nuclear
 Power Projects subject to techno-economic viability. 
 
 - NTPC Ltd signed production sharing contracts with the government.
 
 - An MOU has been signed between NTPC Ltd and Bangladesh Power
 Development Board (BPDB) on mutual co-operation between the parties
 for development of Power Sector in Bangladesh.
 
 2011
 
 - Joint Venture signed  between NTPC Ltd. (NTPC) and Nuclear Power
 Corporation of India Ltd. (NPCIL) has been Incorporated on January
 27, 2011 under the name 'Anushakti Vidhyut Nigam Ltd' (Company).
 NPCIL shall hold 51% of the equity share capital and NTPC shall hold
 the balance 49% of the equity share capital of the Company.
 
 - NTPC-BHEL Power Projects Ltd. (NBPPL), a joint venture (JV) between
 NTPC and BHEL, has reported strong financial performance by crossing a
 turnover of Rs. 100 crore in the very first year of its commercial
 operations.
 
 - NTPC - Signed MOU with Government of Kerala
 
 - NTPC signed partnership with IWAI and Jindal ITF
 
 - National Thermal Power Corporation Ltd signed the Joint Venture
 Agreement between Company and Ceylon Electricity Board (CEB), Sri
 Lanka 
 
 - NTPC bagged USD 8.8 mn O&M order from Electricity Generation
 Company of Bangladesh Ltd(EGCB).
 
 2012
 
 - NTPC signs $1.5bn deal with Bangladesh’s PDB to set up 1,320
 MW plant
 
 - NTPC - Signs Joint Venture Agreement with Bangladesh Power
 Development Board
 
 - NTPC - NTPC Ltd signed a loan facility of USD 100 million with
 Mizuho Corporate Bank Ltd
 
 - NTPC inks loan deal with Japanese Bank
 
 - India's power producing giant NTPC Ltd signed a loan agreement
 worth Rs 600 crore with the Jammu & Kashmir Bank.
 
 2013
 -NTPC inks term loan agreement with SBI New York, Mizuho Corporate
 Bank Singapore
 -NTPC commissions Mouda Super Thermal project; begins commercial
 operations
 -NTPC commissions Unit-II of Vindhyachal Super Thermal Power Station
 
 2014
 -NTPC Signed a MoU with Government of Andhra Pradesh (GoAP)
 -NTPC starts operation of unit 2 at Mouda Super Thermal plant
 -NTPC starts commercial operation at Talcher power plant
 -NTPC starts commercial production at two units
 -NTPC starts operations of Barh Super Thermal Power Station,
 Stage-II
 
 2015
 -NTPC debuts into hydro generation. Unit no. 2 of 200 MW of Koldam
 Hydro Power Project has been commissioned
 -NTPC to set up ITI in Odisha
 -NTPC Ltd signed Power Purchase Agreement (PPA) with Andhra Pradesh
 Eastern Power Distribution Company Limited
 -NTPC Torrent win gas subsidy auction
 
 2016
 -NTPC Investment approval of 1600 MW Telangana Super Thermal Power 
 -NTPC invites tenders for solar project in AP
 -NTPC gets investment approval for two projects
 -NTPC signs contract with IIT Kanpur for R&D
 -NTPC inaugurates Data Recovery Centre at Secunderabad
 
 2017
 - NTPC - Investment approval of Dulanga Coal Mining Project
 - NTPC inks pact to take over Chhabra Thermal Power Plant
 - NTPC commissions 55 MW of Bhadla solar power project
 - NTPC starts commercial operations at Bhadla Solar unit
 - NTPC commissions of 250 MW capacity (5 x 50 MW), Mandsaur Solar PV
 Project at Mandsaur
 - NTPC commissions its Rojmal Wind Energy Project in Gujarat
 - NTPC wins Bhubaneswar round of Tata Crucible Corporate Quiz
 
 2018
 -NTPC launches USD 400 mn bonds.
 -NTPC starts transporting fly ash through waterways.
 -NTPC Wins 85 MW Solar Capacities In Uttar Pradesh New And
 Renewable.
 -NTPC Awarded For Excellence in Power Generation.
 
 2019
 -NTPC wins the ‘Golden Peacock Award for Sustainability’ 2019.
 -NTPC ranked as one of India’s ‘Best places to Work For’ -2019.
 -NTPC’s installed capacity touches 58,156 MW.
 -NTPC starts commercial production of coal from Pakri Barwadih mine
 in Jharkhand.
 
 2020
 -NTPC wins the prestigious CII-ITC Sustainability Awards 2020.
 -NTPC ranks first among Indian PSUs in Forbes World's Best Employer
 2020.
 -NTPC Bags CBIP 2020 Award for its Outstanding Contribution to the
 Power Sector.
 
 2021
 -NTPC Awards India’s first Green Hydrogen Microgrid Project.
 -NTPC ties up additional coal from Talabira Coal mines of NLC in
 Odisha.
 -NTPC conferred 'Role Model' award at 11th CII National HR Excellence
 Award 2020-21
 
 2022
 -NTPC  declared commercial operation of first part capacity of 10
 megawatt (MW) out of 23 MW Solapur Solar PV project at Maharashtra.
 - NTPC inks pact with Italy-based firm to explore Green Methanol
 Production.
 -NTPC signs MoU with Maire Tecnimont Group.
 - NTPC commissions entire capacities of 150 MW and 90 MW Devikot
 Solar PV Projects at Jaisalmer.
 
 
 2023
 -NTPC received Economic Times HR World Future Skills Awards 2023.
 -NTPC Renewable Energy Limited (NTPC REL) Signed MoU with Indian Army
 for the implementation of Green Hydrogen Projects in Army
 Establishments.
 -NTPC commenced operation of 1st unit of North Karanpura Super
 Thermal Power Station.
 -NTPC arm inks MoU with HPCL for development of renewable energy
 projects.