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About Us NTPC, India's largest power company, was set up in 1975 to accelerate power development in India. It is emerging as an ‘Integrated Power Major’, with a significant presence in the entire value chain of power generation business. NTPC ranked 337th in the ‘2012, Forbes Global 2000’ ranking of the World’s biggest companies. With a current generating capacity of 43,039 MW, NTPC plans to become a 128,000 MW company by 2032. NTPC Limited (formerly known as National Thermal Power Corporation Limited ) is a Central Public Sector Undertaking (CPSU) under the Ministry of Power, Government of India, engaged in the business of generation of electricity and allied activities. It is a company incorporated under the Companies Act 1956 and a "Government Company" within the meaning of the act. The headquarters of the company is situated at New Delhi. NTPC's core business is generation and sale of electricity to state- owned power distribution companies and State Electricity Boards in India. The company also undertakes consultancy and turnkey project contracts that comprise of engineering, project management, construction management and operation and management of power plants. The company has also ventured into oil and gas exploration and coal mining activities. It is the largest power company in India with an electric power generating capacity of 42,964 MW. [4] Although the company has approx. 18% of the total
Transcript
Page 1: NTPC

About Us

NTPC, India's largest power company, was set up in 1975 to accelerate power development in

India. It is emerging as an ‘Integrated Power Major’, with a significant presence in the entire

value chain of power generation business.

NTPC ranked 337th in the ‘2012, Forbes Global 2000’ ranking of the World’s biggest

companies. With a current generating capacity of 43,039 MW, NTPC plans to become a

128,000 MW company by 2032.

NTPC Limited (formerly known as National Thermal Power Corporation Limited) is a

Central Public Sector Undertaking (CPSU) under the Ministry of Power, Government of India,

engaged in the business of generation of electricity and allied activities. It is a company

incorporated under the Companies Act 1956 and a "Government Company" within the meaning

of the act. The headquarters of the company is situated at New Delhi. NTPC's core business is

generation and sale of electricity to state-owned power distribution companies and State

Electricity Boards in India. The company also undertakes consultancy and turnkey project

contracts that comprise of engineering, project management, construction management and

operation and management of power plants. The company has also ventured into oil and gas

exploration and coal mining activities. It is the largest power company in India with an electric

power generating capacity of 42,964 MW.[4]Although the company has approx. 18% of the total

national capacity it contributes to over 27% of total power generation due to its focus on

operating its power plants at higher efficiency levels (approx. 83% against the national PLF rate

of 78%).

It was founded by Government of India in 1975, which held 75% of its equity shares on 31

March 2013[4] (after divestment of its stake in 2004, 2010 and 2013).

In May 2010, NTPC was conferred Maharatna status by the Union Government of India. It is

listed in Forbes Global 2000 for 2014 at 424th rank in the world.

Overview

Page 2: NTPC

India’s largest power company, NTPC was set up in 1975 to accelerate power development in India.

NTPC is emerging as a diversified power major with presence in the entire value chain of the power

generation business. Apart from power generation, which is the mainstay of the company, NTPC has

already ventured into consultancy, power trading, ash utilisation and coal mining. NTPC ranked 384th in

the ‘2013, Forbes Global 2000’ ranking of the World’s biggest companies. NTPC became a Maharatna

company in May, 2010, one of the only four companies to be awarded this status. 

The total installed capacity of the company is 43,039 MW (including JVs) with 17 coal based and 7 gas

based stations, located across the country. In addition under JVs, 7 stations are coal based & another

station uses naptha/LNG as fuel and 7 renewable energy projects.  The company has set a target to have

an installed power generating capacity of 1,28,000 MW by the year 2032. The capacity will have a

diversified fuel mix comprising 56% coal, 16% Gas, 11% Nuclear and 17% Renewable Energy

Sources(RES) including hydro. By 2032, non fossil fuel based generation capacity shall make up nearly

28% of NTPC’s portfolio.

NTPC has been operating its plants at high efficiency levels. Although the company has 16% of the total

national capacity, it contributes 25.6% of total power generation due to its focus on high efficiency.

In October 2004, NTPC launched its Initial Public Offering (IPO) consisting of 5.25% as fresh issue and

5.25% as offer for sale by Government of India. NTPC thus became a listed company in November 2004

Page 3: NTPC

with the Government holding 89.5% of the equity share capital. In February 2010, the Shareholding of

Government of India was reduced from 89.5% to 84.5% through Further Public Offer. Government of

India has further divested 9.5% shares through OFS route in February 2013. With this, GOI's holding in

NTPC has reduced from 84.5% to 75%. The rest is held by Institutional Investors and the Public.

 

At NTPC, People before Plant Load Factor is the mantra that guides all HR related policies. NTPC has

been awarded 6th Best Company to work for in India for the year 2013, by the Great Places to Work

Institute, India Chapter in collaboration with The Economic Times.

The concept of Corporate Social Responsibility is deeply ingrained in NTPC's culture. Through its

expansive CSR initiatives, NTPC strives to develop mutual trust with the communities that surround its

power stations.

Vision

“To be the world’s largest and best power producer, powering India’s growth.”

 

Page 4: NTPC

Mission

“Develop and provide reliable power, related products and services at competitive prices, integrating

multiple energy sources with innovative and eco-friendly technologies and contribute to society.”

 

Core Values – BE COMMITTED

B Business Ethics

E Environmentally & Economically Sustainable

C Customer Focus

O Organisational & Professional Pride

M Mutual Respect & Trust

M Motivating Self & others

I Innovation & Speed

T Total Quality for Excellence

T Transparent & Respected Organisation

E Enterprising

D Devoted

Type State-owned enterprise

Public company

Traded as BSE: 532555

NSE: NTPC

Page 5: NTPC

BSE SENSEX Constituent

CNX Nifty Constituent

Industry Electric utility

Founded 1975

Headquarters New Delhi, India

Key people Arup Roy Choudhury

(Chairman & MD)[1]

Products electrical power

natural gas

Services Electricity

generation and distribution

natural gas exploration, production,

transportation and distribution

Revenue  INR 73904 Crores (US$ 12.34

billion) (2013-14)[2]

Net income  INR 13834 Crores (US$ 2.31

billion) (2013-14)[3]

Employees 25,484 (March 2013)

Website www.ntpc.co.in

Page 6: NTPC

Diversified Growth

 

As per new corporate plan, NTPC envisages to have an installed capacity of 128 GW by the year 2032

with a well diversified fuel mix comprising 56% coal, 16% gas, 11% nuclear energy, 9% renewable

energy and 8% hydro power based capacity.

As such, by the year 2032, 28% of NTPC’s installed generating capacity will be based on carbon free

energy sources. Further, the coal based capacity will increasingly be based on high-efficient-low-

emission technologies such as Super-critical and Ultra-Super-critical. Along with this growth, NTPC

will utilize a strategic mix of options to ensure fuel security for its fleet of power stations.

Looking at the opportunities coming its way, due to changes in the business environment, NTPC made

changes in its strategy and diversified in the business adjacencies along the energy value chain. In its

pursuit of diversification NTPC has developed strategic alliances and joint ventures with leading national

and international companies. NTPC has also made long strides in developing its Ash Utilization

business.

Hydro Power: In order to give impetus to hydro power growth in the country and to have a

balanced portfolio of power generation, NTPC entered hydro power business with the 800 MW

Koldam hydro project in Himachal Pradesh. Two more projects have also been taken up in

Uttarakhand. A wholly owned subsidiary, NTPC Hydro Ltd., is setting up hydro projects of

capacities up to 250 MW.

Renewable Energy: In order to broad base its fuel mix NTPC has plan of capacity addition of

about 1,000 MW through renewable resources by 2017.

Nuclear Power: A Joint Venture Company "Anushakti Vidhyut Nigam Ltd." has been formed

(with 51% stake of NPCIL and 49% stake of NTPC) for development of nuclear power projects

in the country.

Page 7: NTPC

Coal Mining: In a major backward integration move to create fuel security, NTPC has ventured

into coal mining business with an aim to meet about 20% of its coal requirement from its captive

mines by 2017. The Government of India has so far allotted 7 coal blocks to NTPC, including 2

blocks to be developed through joint venture route.

Power Trading: 'NTPC Vidyut Vyapar Nigam Ltd.' (NVVN), a wholly owned subsidiary was

created for trading power leading to optimal utilization of NTPC’s assets. It is the second largest

power trading company in the country. In order to facilitate power trading in the country,

‘National Power Exchange Ltd.’, a JV of NTPC, NHPC, PFC and TCS has been formed for

operating a Power Exchange.

Ash Business: NTPC has focused on the utilization of ash generated by its power stations to

convert the challenge of ash disposal into an opportunity. Ash is being used as a raw material

input by cement companies and brick manufacturers. NVVN is engaged in the business of Fly

Ash export and sale to domestic customers. Joint ventures with cement companies are being

planned to set up cement grinding units in the vicinity of NTPC stations.

Power Distribution: ‘NTPC Electric Supply Company Ltd.’ (NESCL), a wholly owned

subsidiary of NTPC, was set up for distribution of power. NESCL is actively engaged in ‘Rajiv

Gandhi Gramin Vidyutikaran Yojana’programme for rural electrification.

Equipment Manufacturing: Enormous growth in power sector necessitates augmentation of

power equipment manufacturing capacity. NTPC has formed JVs with BHEL and Bharat Forge

Ltd. for power plant equipment manufacturing. NTPC has also acquired stake in Transformers

and Electricals Kerala Ltd. (TELK) for manufacturing and repair of transformers.

Future Capacity Additions

NTPC has formulated a long term Corporate Plan to become a 1,28,000 MW company upto 2032. In line

with the Corporate Plan, the capacity addition under implementation presently:

Page 8: NTPC

No. PROJECT STATE MW

NTPC

1. Vindhyachal V U-13 Madhya Pradesh 500

2. Koldam Himachal Pradesh 800

3. Barh-I Bihar 1980

4. Barh-II Bihar 660

5. Singrauli CW Discharge (Small Hydro) Uttar Pradesh 8

6. Tapovan Vishnugud Uttarakhand 520

7. Kudgi Karnataka 2400

8. Solapur Maharashtra 1320

9. Mauda-II Maharashtra 1320

10. Bongaigaon Assam 750

11. Lata Tapovan Uttarakhand 171

12. Lara Chhattisgarh 1600

13. Ramagundam Solar Andhra Pradesh 10

14. Gadarwara Madhya Pradesh 1600

17. Unchahar Uttar Pradesh 500

18. Singrauli Solar Uttar Pradesh 15

19. Darlipali Odisha 1600

20. North Karanpura Jharkhand 1980

Total 17,734

JV & Sub. Companies

1. Meja Uttar Pradesh 1320

2. Nabinagar-BRBCL Bihar 1000

3. Kanti Bihar 390

4. Nabinagar-BSEB Bihar 1980

Total 4,690

Grand Total (NTPC + JV & Sub. Companies) 22,424

Page 10: NTPC

NTPC, with a rich experience of engineering, construction and operation of around 35,000 MW of

thermal generating capacity, is the largest and one of the most efficient power companies in India,

having operations that match the global standards.

Commensurate with our country’s growth challenges, NTPC has embarked upon an ambitious plan to

attain a total installed capacity of 128,000 MW by 2032. Towards this end, NTPC has adopted a multi-

pronged strategy such as Greenfield Projects, Brownfield Projects, Joint Venture and Acquisition route.

Apart from this, NTPC has also adopted the Diversification Strategy in related business areas, such as,

Services, Coal Mining, Power Trading, Power Exchange, Manufacturing to ensure robustness and

growth of the company.

JOINT VENTURE (JV) COMPANIES

The following joint venture companies have been formed so far:

JVs FOR CAPACITY ADDITION

NTPC-SAIL POWER COMPANY (PVT) LTD (NSPCL)

1. A Joint Venture Company of NTPC and SAIL (50: 50 equity) was incorporated on 08.02.1999.

2. BESCL (Bhilai Electric Supply Co. Pvt Ltd), another JV Co. of NTPC and SAIL with 50:50 equity

participation), has merged with NSPCL w.e.f 2nd August 2006.

OBJECTIVETo own and operate captive power plants for SAIL’s steel manufacturing facilities

located at Durgapur, Rourkela and Bhilai. To undertake expansion of Bhilai plants.

 

NTPC TAMILNADU ENERGY COMPANY LIMITED

This JV was incorporated on 23.05.2003 with Tamil Nadu Electricity Board, a State run Electricity

Board in the State of Tamil Nadu engaged in generation, transmission and distribution of electricity.

OBJECTIVE

To set up a 1500 MW coal based power station at vallur, Ennore in

Tamil Nadu utilising the existing infrastructure facility at Ennore and

supply power mainly to Tamil Nadu and the states of Kerala, Karnataka

and Pondicherry. 

PROMOTERS' EQUITYNTPC: 50% 

TNEB : 50%

Page 11: NTPC

 

ARAVALI POWER COMPANY PRIVATE LTD

The JV Company was Incorporated on 21.12.2006 with, Indraprastha Power Generation Company Ltd.

(IPGCL) and Haryana Power Generation Company Ltd (HPGCL).

OBJECTIVE

To set up a coal-based power station of 1500MW capacity in Distt.

Jhajjar, Haryana, in joint venture with IPGCL and HPGCL to supply

power to Delhi and Haryana.

PROMOTERS' EQUITY NTPC-50%, IPGCL-25%, HPGCL-25%

 

MEJA URJA NIGAM PRIVATE LIMITED

The Joint Venture Company has been incorporated on 02.04.2008 with UPRVUNL.

OBJECTIVETo set up a 2 X 660MW Thermal Power Plant at Meja, Distt. Allahabad

in UP. 

PROMOTERS' EQUITYNTPC: 50%

UPRVUNL : 50%

 

RATNAGIRI GAS & POWER PVT. LIMITED

This Joint Venture Company was Incorporated on 08.07.2005

OBJECTIVETo own and operate the assets of the erstwhile Dhabol Power Company (

1967 MW) and 5 MMTPA LNG Re-gasification Terminal 

PROMOTERS' EQUITY

NTPC: 30.17%

GAIL: 30.17%

IFIs: 21.77% (ICICI: 10.65%, SBI: 7.14%, CANARA BANK: 1.87%)

MSEB HOLDING CO. LTD.: 17.89%

Entire Power Block (1967 MW) of the Gas Power project is under commercial operation. Domestic gas

from KG basin has been made available by MoPNG for long term requirement for operation of Gas

Power Plant.

 

Page 12: NTPC

NABINAGAR POWER GENERATING CO. PVT. LTD.

The JV Company was Incorporated on 09.09.2008 with Bihar State Electricity Board

OBJECTIVETo set up 3x660 MW Thermal Power Plant at New Nabinagar, Bihar and

operation & maintenance thereof 

PROMOTERS' EQUITYNTPC: 50%

BSEB: 50%

 

JVS FOR SERVICES

NTPC -ALSTOM POWER SERVICES PVT. LTD. (NASL)

The JV Company was incorporated on 27.09.1999 and formerly known as NTPC-ABB ALSTOM

POWER SERVICES PVT. LTD)

OBJECTIVEUndertake Renovation & Modernisation of power stations in India and

other SAARC countries

PROMOTERS' EQUITYNTPC: 50% , 

ALSTOM Power Generation AG : 50%

Company is engaged in undertaking works of Renovation & Modernization of Power Plants for Power

plant life extension, performance optimization and improvement of availability & efficiency.

 

UTILITY POWER TECH LTD

This JV company incorporated on 23.11.1995 has been promoted with Reliance Infrastructure Limited

(formerly BSES Limited), a private sector Indian power company.

OBJECTIVETo undertake project construction, erection and supervision in

power sector and other sectors in India and abroad

PROMOTERS' EQUITYNTPC: 50%

Reliance Infrastructure Ltd.: 50%

 

NATIONAL HIGH POWER TEST LABORATORY PVT. LTD. (NHPTL)

This JV was incorporated along with NHPC, PGCIL and DVC on 22.05.2009

Page 13: NTPC

OBJECTIVETo set up an Online High Power Test Laboratory for short circuit testing

facility of electrical equipments.

PROMOTERS' EQUITY

NTPC: 25%

NHPC: 25%

PGCIL: 25%

DVC: 25%

 

JVs FOR POWER TRADING &POWER EXCHANGE

NATIONAL POWER EXCHANGE LTD.(NPEX)

This Joint venture Company was incorporated on 11.12.2008 along with NHPC, PFC and TCS

OBJECTIVE

To facilitate nation - wide trading of all forms of contract for buying and

selling of all forms of electrical energy for clearing and settlement of

trade in a transparent, fair and open manner

PROMOTERS' EQUITY

NTPC: 16.67%

NHPC :16.67%

PFC: 16.66%

TCS: 19.04%

BSE: 16.66 %

IFCI: 5.72 %

MEENAKSHI: 4.77 %

DPSC: 3.81 %

 

JVs FOR COAL MINING

NTPC – SCCL GLOBAL VENTURES PRIVATE LTD

The JV Company with Singareni Coalieries Company Limited (SCCL) was incorporated on

31.07.2007

OBJECTIVETo jointly undertake Development and O & M of Coal Blocks(s) and

Integrated Coal based Power Projects in India and overseas.

Promoters’ EQUITY NTPC - 50 %

Page 14: NTPC

SCCL – 50 %

 

INTERNATIONAL COAL VENTURES PVT. LIMITED (ICVL)

The JV Company was incorporated on 20.05.2009

OBJECTIVEFor procurement of metallurgical coking coal and thermal coal from

overseas & acquisition of coal assets abroad

PROMOTERS' EQUITY

NTPC: 14.28%

NMDC: 14.28%

RINL: 14.28%

CIL: 28.58%

SAIL: 28.58%

 

JVs FOR MANUFACTURING & SUPPLY OF EQUIPMENT

NTPC-BHEL POWER PROJECTS PVT.LTD

The Joint Venture Company was incorporated on 28.04.2008 with BHEL

OBJECTIVE

To explore, secure and execute EPC contracts for Power plants and other

Infrastructure projects in India and abroad.

To engage in manufacturing and supply of equipments for power plants and

other infrastructure projects in India and abroad.

Promoters’ EQUITYNTPC: 50%

BHEL : 50%

 

BF NTPCENERGY SYSTEM LIMITED.

This JV Company with Bharat Forge Limited (BF) was incorporated on 19.06.2008

OBJECTIVE

To establish a facility for manufacturing of castings, forgings, fittings

and High Pressure piping, required for Power and other industries,

Balance of Plant (BOP) equipment for the power sector etc.

PROMOTERS' EQUITY NTPC: 49%

Page 15: NTPC

BF : 51%

 

NTPC-TELK

The shares of Transformers & Electricals Kerala Ltd. (TELK) was bought by NTPC on 19.12. 2009

OBJECTIVE For Manufacturing and repair of Transformers

PROMOTERS' EQUITY

NTPC: 44.6%

Govt. of Kerala: 54.56%

Public: 0.84%

 

ENERGY EFFICIENCY SERVICES LTD. (EESL)

This JV was incorporated on 10.12.2009 amongst NTPC, PFC, POWERGRID and REC with equal

equity participation.

OBJECTIVE

To carry out and promote the business of Energy Efficiency, Energy

Conservation and Climate Change including manufacture and supply of

energy efficiency services and products.

PROMOTERS' EQUITY

NTPC: 25%

PFC: 25%

POWERGRID: 25%

REC: 25%

 

CIL-NTPC URJA PRIVATE LIMITED (CNUPL)

This JV was incorporated on 27.04.2010 with Coal India Limited (CIL) in New Delhi for

incorporation of Joint Venture Company with 50:50 equity participation

OBJECTIVE

Development of Brahmini & Chichro Patsimal coal mine blocks for

meeting coal requirement of Farakka and Kahalgaon expansion projects

of NTPC.

PROMOTERS' EQUITYNTPC: 50%

CIL: 50%

Page 16: NTPC

 

ANUSHAKTI VIDHYUT NIGAM LIMITED (ASHVINI)

This JV was incorporated on 27.01.2011 with Nuclear Power Corporation of India Ltd (NPCIL) for

entering into the business of nuclear power generation

OBJECTIVESetting up of nuclear power

projects

PROMOTERS' EQUITYNPCIL: 51%

NTPC: 49%

PROPOSED JOINT VENTURES /MOUs/ AGREEMENT’s

Joint Venture Agreement has been signed with Asian Development Bank (ADB) and Kyuden

International Corporation (Kyushu) on 24.11.2010 for forming a JV Company to develop projects and

establish, over a period of three years, a portfolio of about 500 MW of Renewable Power Generation

in India.

ACQUISITION

Business development through Acquisition serves both NTPC's own commercial interest as well as the

interest of the Indian economy. Taking over, being a part of the acquisition process, is also an

opportunity for NTPC to add to its power generation capacity at a very low gestation period. NTPC has,

over the years, acquired the following power stations belonging to other utilities/SEBs and has turned

around each of them using its corporate abilities.

POWER STATIONS TAKEN OVER YEAR ORIGINAL OWNER

2x210 MW FEROZE GANDHI UNCHAHAR THERMAL

POWER STATION1991

UP Rajya Vidyut Utpadan

Nigam Limited

4x60 MW +2x110 MW TALCHER THERMAL POWER

STATION Orissa State Electricity Board1995

Orissa State Electricity

Board

4x110 MW TANDA THERMAL POWER STATION 2000UP Rajya Vidyut Utpadan

Nigam Limited

705MW Badarpur Thermal Power Station Central Electricity 2006 Central Electricity Authority

Page 17: NTPC

Authority

DIVERSIFICATION

To broad-base the business and also to ensure growth, diversification in the areas related to NTPC's core

business of power generation such as Hydro power, Distribution, Trading, Coal mining, LNG etc. have

been identified as priority areas.

A.BACKWARD INTEGRATION- COAL MINING

COAL MINING

The policy changes in coal sector provides an opportunity to NTPC to enter captive coal mining

business. Production is expected by 2012 in one coal block already allotted (Pakri Barwadih in the state

of Jharkhand). Five more blocks (~40MTPA) have been allotted to NTPC, including two in JV with CIL.

In addition to development of its own domestic coal mines NTPC is exploring various other options

including acquisition of stake in coal mines abroad for sourcing of thermal coal for addressing fuel

security concerns.

 

Board of Directors

Page 18: NTPC

Dr. Arup Roy Choudhury, Chairman & Managing Director, NTPC Limited since

September 01, 2010 and Chairman, DVC Since 29.11.2013, has an illustrious

career spanning over 34 years of outstanding contribution in the fields of

engineering, general management, strategic management and business leadership.

He is a Graduate in Civil Engineering from Birla Institute of Technology, Mesra

and a Post-Graduate in Management and Systems from IIT-Delhi. A keen learner

of the latest professional developments, he has been conferred Doctorate in

"Performance Assessment of Infrastructure Development Projects" from IIT-Delhi

in April, 2013.

Dr. Choudhury brings to NTPC the dynamism of a leader with proven abilities to

achieve transformational changes. He seeks to position the Maharatna enterprise

on course to become the largest and best power producer in the world.

Dr. Choudhury has the distinction of becoming the youngest Chief Executive

Officer of a Central Public Sector Enterprise (CPSE) at the age of 44 years when

he joined as Chairman & Managing Director, National Buildings Construction

Corporation Limited (NBCC) on April 03, 2001. Prior to that he had worked in

prominent public and private sector companies since 1979, when he started his

career.

Dr. Choudhury's rich and varied contribution of over 32 years has been recognized

by prestigious professional, academic and Government institutions, both national

and international.

His vision, leadership and industriousness transformed NBCC, which was a sick

company with negative net-worth and salary back-log in 2001, into a blue-chip

enterprise having Schedule 'A' and 'Miniratna' status bestowed upon it by the

Government of India. The stunning turnaround of the Company brought about by

him has enabled NBCC's turnover grow about 10 times and net-worth over 500

times during his tenure of nine-and-a-half years at the helm. He pulled NBCC out

of the abyss and catapulted it into the distinguished league of 'Top Ten CPSEs'.

Under him, NBCC broadened its business horizons. Its entry into power project

development dovetails very productively with his new role as CMD, NTPC.

Page 19: NTPC

As Chairman, Standing Conference of Public Enterprises (SCOPE), the apex body

of central public sector enterprises (CPSEs), Dr. Choudhury n effectively led

policy advocacy for greater empowerment of these enterprises. He is also

promoting the cause of greater professionalism, competitiveness, societal

commitment, transparency and global-benchmarking among the CPSEs.

Dr. Choudhury believes in growth and excellence through proactive approach and

his dictum is "Sankalp Shuddha Hi Siddha" i.e. if your intentions are pure, you are

bound to succeed.

Dr. Choudhury has a strong commitment for the well-being of the society at large.

His sharp focus on corporate governance and environmentally sustainable growth

has been demonstrated in concrete actions and substantial benefits.

For detail kindly refer Chairman's Page

Shri I.J.Kapoor, Director (Commercial) since December' 2008 is a Graduate in

Mechanical Engineering and Masters in Business Administration (Marketing). He

joined NTPC in 1978 as 3rd batch Engineering Executive Trainee (EET) and is the

first EET to be on the Board of the Company. He has a rich and varied

experience of over 34 years in the areas of Commercial, Engineering, Contracts &

Materials Management, Project Management, Consultancy, Cost Engineering,

Station Engineering and Quality Assurance & Inspection. Prior to his elevation as

Director (Commercial), he was Regional Executive Director (National Capital),

NTPC, responsible for management of ~ 3900 MW generating capacity,

administering more than ¼th of NTPC's turn over along with project

implementation activities for 2x490 MW at Dadri Stage-II. As Director

(Commercial), he is responsible for formulation & implementation of policies &

strategies to ensure marketing of NTPC's entire electrical output, appropriate

pricing from regulatory authority and 100% & timely realization from customers,

thereby generate adequate internal resources for the company to meet the future

challenge of higher capacity addition. In addition, he is the Director In- charge of

Consultancy and Business Development activities. He is also part time Chairman

Page 20: NTPC

on the Board of Aravali Power Company Private Ltd. (1500 MW) and National

Power Exchange Ltd. He is part time Director on the Board of PTC India Ltd.,

Meja Urja Nigam Private Ltd. (1320 MW), NTPC- BHEL Power Projects Private

Ltd. and NTPC Vidyut Vyapar Nigam Ltd. He is responsible for successful

implementation of National Solar Mission Phase-I. He is a Fellow of Institution of

Engineers, India and Senior Member, IEEE, USA.

Shri N.N.Misra, Director (Operations), graduated in Electrical Engineering with

Honours from Regional Engineering College, Rourkela in the year 1977. Shri

Misra joined NTPC in 1977 as Executive Trainee (2nd Batch). He has an

experience of 33 years in NTPC out of which 28 years were in the Design

Department looking after the various functions of Electrical Design and Project

Engineering beginning with the first Project of NTPC. He is actively associated

with BIS and represents NTPC in Electro Technical Divisional Council of BIS.

Shri Misra represents India in CIGRE (International Conference on Large High

Voltage Electric System) for High Voltage Equipment and has contributed in

many Study Committees and Working Groups of CIGRE. Shri Misra was involved

in selecting and successfully implementing the first 765 KV Sub-Station of India

at Sipat. He has a rich and varied experience having worked as Executive Director

of the National Capital Region, Executive Director looking after Corporate

Contracts & Materials, Executive Director looking after Human Resources and

lastly Executive Director looking after Operation Services. Shri Misra also

represents NTPC as Part-time Director in a number of Joint Ventures of NTPC.

Shri A.K. Jha has more than 35 years of rich and varied experience in Power

Sector in the areas of Erection and Commissioning, Project Planning &

Monitoring, Project Management. He has also worked in area of Human

Relations. A Mechanical Engineer from Ranchi University 1976 batch, with LLB

from Delhi University in 1996. Shri Jha is a 'B' Level certified Project Manager

from International Project Management Association (IPMA). He has presented

Page 21: NTPC

paper on Project Management at IPMA World Congress in Rome in 2008 and

delivered a Lecture on Project Management at International Congress in Tokyo in

2008. Widely travelled, Shri Jha has visited various Power Stations and

manufacturing units in South Korea, UK, USA, Japan, Italy and Russia. He was

earlier Regional Executive Director (NR) in NTPC.

Shri U.P. Pani is a Graduate in Electrical Engineering from BITS PILANI (1978)

and joined NTPC in November, 1978 as (3rd batch) Executive Trainee. He has

worked in Erection, Rehabilitation and Resettlement, Technical Services Deptt. of

Korba STPS (3x200+3x500MW) and Talchar STPS, (6x500MW). He worked as

Business Unit Head (BUH) of NSPCL (joint Venture of NTPC & SAIL) at Bhilai

and Durgapur. He was Head of NTPC Kahalgaon (4x210 MW+3x500MW)

Project. During his tenure, all three 500 MW Units of Kahalgaon Stage-II were

commercialised. He was Head of Project of NTPC's biggest plant, i.e. Vindhyachal

STPP (4260MW). On 15th March 2010, Sh. Pani took over as Regional Executive

Director (Eastern Region-I) and was responsible for overall functioning of various

regional projects of NTPC and projects of various subsidiaries and joint venture of

NTPC.

As BUH in the capacity of GM & RED at various locations and regions, he has

also been responsible for HR functions and has steered numbers of HR initiatives.

As Director (HR), Shri Pani shall be responsible for the entire Human Resource

functions of the organization. He shall be also responsible for the Power

Management Institute (PMI) of NTPC and other corporate functions such as

Industrial Safety, Resettlement & Rehabilitation, Corporate Social Responsibility,

Medical Services and Corporate Security & Coordination.

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Shri S.C. Pandey has taken over the charge as Director (Projects), NTPC with

effect from forenoon of 1st October 2013.

Shri S.C. Pandey (56 years) is B.E. in Instrumentation. He joined NTPC in

November, 1978 as (3rd batch) Executive Trainee. He has about 34 years of

comprehensive experience in management of large size power project in the areas

of engineering, project construction and power plant operation and maintenance.

He has a strong background in managing, operating and maintaining few of the

largest stations of the country and has a rich experience and exposure of entire life

cycle from concept to commissioning of Greenfield project.

As Executive Director (Project Planning & Monitoring), he was responsible for

planning and implementation of pre-award and post-award activities related to

Thermal, Hydro, Coal mining, Renewable Energy, R&M and international JVs,

analyzing and identifying bottlenecks and critical issues and suggesting corrective

actions for their timely resolution.

Shri Kulamani Biswal, aged 52 years, a Commerce Graduate from Utkal

University is a fellow in Cost Accountancy along with having distinct

professional qualifications of MBA from New Port University, California, USA;

LLB from Sambalpur University and Diploma in Financial Management from

IGNOU.

The most attributable features of Shri Biswal having been bestowed upon the

present responsibilities are his flair in financial fundamentals; updated knowledge

base and knack in business networking. Shri Biswal started his career with Coal

India Limited in 1985. Later he joined Orissa Electricity Regulatory Commission

at Director level in 1997. In 2004, he was appointed as Chief (Finance), Central

Electricity Regulatory Commission (at the level of Joint Secretary to the

Government of India). In CERC, he played a key role in formulation of Tariff

Regulations 2009-14 and formation of new company called POSOCO to take care

of System Operation and Load Dispatch activities. He also acted as Internal

Financial Advisor in CERC as an added responsibility.

Page 23: NTPC

Prior to joining NTPC, he was Director (Finance) in Mahanadi Coalfields Limited

(MCL) since October 2010. In MCL, he was responsible for the entire Financial

Management of the company including treasury, investments, accounting, internal

control systems, budgetary controls and corporate governance. He played a

pivotal role in making MCL as second largest coal company in India in terms of

production and profitability. His astute financial acumen resulted in optimum

utilization of funds amounting to Rs.15,000 crore earning interest revenue at the

rate of 10%, reduction in debtors position to just 4 days, settlement of old Income

Tax cases, thereby enabling MCL to achieve highest ever Profits during his

tenure. Besides Coal production, he took various initiatives towards

diversification of business like setting up Thermal Power Generation Plant, Solar

Plant, entering into Transmission business and developing logistics for coal

evacuation.

At personal, professional as well as business level, Sri Biswal strongly believes in

“Social Responsibility” and he has proven his leadership by ensuring peace

through his involvement in various and social philanthropic activities. Apart from

being a successful Financial Expert, his highly demonstrated poetic skill is one of

the hallmarks of his reflective mind set and down-to-earth personality. He has

travelled many countries and delivered talks and presented on various Forum on

the regulatory aspects of Electricity.

With rich and varied experience of 28 years in Corporate Finance Management

particularly in Coal & Power Sectors, he has taken over the charge of Director

(Finance), NTPC Limited on 9th December 2013.

Shri Pradeep Kumar, aged 52 years, an Indian Administrative Service Officer of

Kerala Cadre, is B. Tech in Electronics, MBA, Master Diploma in Public

Administration and Governance and M. Phil in Social Sciences.

During his illustrious career of 26 years as IAS officer, he has held various

administrative positions in the areas of Revenue, Finance, Transport, Shipping,

Inland Water Transportation, Water Resources, Irrigation, Food and Civil

Page 24: NTPC

Supplies, Consumer Affairs, Environment and Forests. Prior to joining as Joint

Secretary & Financial Adviser, Ministry of Power, he was Principal Secretary,

Environment and Forest Department, Government of Kerala.

Shri G. Sai Prasad, aged 47 years is a graduate from Indian Institute of

Technology, (IIT), Delhi and a post-graduate in International Development Policy

from Duke University, USA. Shri Prasad is an Indian Administrative Service

Officer of Andhra Pradesh Cadre (1991 batch).

During his illustrious career of 22 years as IAS officer, he has held various

administrative positions in the areas of administration, land revenue, transport,

energy, power and urban development in the State of Andhra Pradesh. Prior to

joining as Joint Secretary, Ministry of Power, he was the CMD of Central Power

Distribution Company Andhra Pradesh Limited and the Eastern Power

Distribution Company of AP Limited and he was also Vice Chairman & Housing

Commissioner, Housing Department, AP Housing Board, Hyderabad. Presently,

he is holding the additional charge of CMD of NHPC Limited.

Shri S. B. Ghosh Dastidar joined the Indian Railway Traffic Service in 1969

after completing his Bachelor of Engineering (Mech.) from Calcutta University.

During distinguished career almost four decades, Shri Dastidar oversaw the

introduction of many new ideas and innovations in Railways. Shri Dastidar retired

as Member Traffic / Railway Board & Ex-officio Secretary to Govt. of India,

Ministry of Railways, New Delhi. As Chairman of Container Corporation of India

Ltd. (CONCOR), Indian Railways Catering & Tourism Corporation Ltd (IRCTC),

Pipavav Railway Corporation Lrd, and Executive Committee of Canter for

Railway Information System (CRIS), he has vast experience in area of Planning,

Human Resource Development, Marketing, Project Management, Operations,

Management, Finance and Industrial Relationship. Over 37 years of experience on

Indian Railways, he held various prestigious posts including Member Traffic,

General Manager, Chief Operational Manager, Divisional Railway Manager etc.

Page 25: NTPC

He played a pivotal role in the Indian Railway.

He was awarded "Padam Shri" by Government of India for his outstanding

contribution in Indian Railways.

Shri Rajib Sekhar Sahoo is a practicing Chartered Accountant born on 1st July,

1962. He qualified as CA in the year 1987. He is one of the Principal partner of

M/s.SRB & Associates, Chartered Accountants.

At present he is a Director in NTPC Limited a Maharatna Company of Govt. of

India, Hindustan Zinc Limited and THDC India Limited (Tehri Hydro

Development Corporation India Limited) appointed by the Appointment

Committee of Cabinet, Govt. of India.

He is a member of Task Force on MoU Deptt. Of Public Enterprise Govt. of India

for the year 2011-12 and 2012-13. He is a member of Sri Jagannath Temple

Managing Committee, Puri appointed by Govt. of Odisha as an Independent

Member. He is an Independent Trustee of Odisha Urban Infrastructure

Development Fund (OUIDF) appointed by Govt. of Odisha. He is a member of

Fee Structure Committee for Professional Educational Institutions of Odisha

appointed as per the direction of Supreme Court of India chaired by a Retd. High

Court Judge since 2007. He is the treasure of The Indus Entrepreneur (TIE)

having head quarter in Silicon Valley, USA.

He was Trustee in Paradip Port Trust from the year 2008-10. He was Director in

Andhra Bank from July, 2008 to July,2011. During his Tenure in Andhra Bank he

was Chairman of the Audit Committee and Member of Risk Management

Committee. He was the chairman of Indo-American Chamber of Commerce

foRthe year 2008-10.

Page 26: NTPC

Shri Ajit M. Nimbalkar is a retired Indian Administrative Service Officer of

1967 Batch, Maharashtra Cadre. He is M.A. in Political Science & Public

Administration. He has over 37 years of experience as IAS and has held several

positions at the District, State and Central Levels. He worked in different fields

which included sugar industry of Maharashtra, upliftment of Labour in State and

Central Level, generation & distribution of power, gas distribution, infrastructure

in Mumbai. He retired as Chief Secretary, Maharashtra in May 2004.

Subsequently, after retirement, in order to utilise his services for infrastructure

development, he was appointed as Advisor to the State Government from June

2004 to March 2005. From August 2005 and till August 2011, he served as the

first Chairman of the newly enacted Maharashtra Water Resources Regulatory

Authority, a qausi-judicial post. Shri Nimbalkar has taken over the charge as Non-

Official Part-time Director on the Board of NTPC on 20.01.2012.

Shri S.R. Upadhyay is B.Sc (Hons.) (Mining) from Indian School of Mines,

Dhanbad. He has obtained 1st Class Mines Managership Certificate of

Competency (Coal), 1975. He has retired as Chairman & Managing Director,

Mahanadi Coalfields Limited. He has wide experience in the area of coal mining.

He has contributed a lot in introducing systems of working and capacity

utilisation through use of new and technology-savvy techniques. He was pioneer

in making turnaround of productivity from stagnant or low productivity/ profits to

highest ever production or huge profits. He has published papers on Use of Long

Wall Method of work at shallow depth at Jhanra and on Dealing with fire in Long

Wall face. He is Independent Director on the Board of Northern Coalfield Limited

and a consultant of Power Finance Corporation Consulting Limited. He is life

Member of IMMA, MGMI and was also member of prestigious Board of Mining

Examinations of the Director General of Mines Safety, GOI, while in service. Shri

Upadhyay has taken over the charge as Non-Official Part-time Director on the

Board of NTPC on 20.01.2012.

Page 27: NTPC

Ms. Homai A. Daruwalla is a qualified Chartered Accountant. In her career in

Banking, spanning more than three decades, she has worked in various capacities

in Union Bank of India, Oriental Bank of Commerce and retired as Chairman &

Managing Director of Central Bank of India in December 2008. During her tenure

as CMD of Central Bank of India, bank had undergone radical changes by

rejuvenating the working of the Bank through series of bold initiatives, which

yielded positive results for the Bank. She ensured introduction of innovative

products to cater the requirements of its multi-cultural clients. Her main areas of

concern included HRD, Technological upgradations matching industry levels,

Business Process Reengineering with active participation from field and

customizing the products/ services as well as systems and procedures to match the

market requirements. She also handled prestigious assignment as Region of India

Director on the Board of 'The Institute of Internal Auditors', Florida, USA. During

her tenure, Central Bank of India was awarded 'National Award for Excellence in

Medium and Small Enterprise Lending for the year 2007-08 in recognition of the

Bank's outstanding performance in lending to Medium and Small Enterprise

Sector. Ms. Daruwalla is also a recipient of many awards.

Shri Anol Nath Chatterji is graduated from Presidency College, University of

Calcutta, with a Bachelor of Science (Hons) degree in Chemistry. He is a Fellow

of the Canadian Comprehensive Audit Foundation, Ottawa. Shri Chatterji joined

the Indian Audit and Accounts Service in 1974. He has held several important

posts during his career. These include Director of Audit, Department of Atomic

Energy and Space, Accountant General Himachal Pradesh, Principal Director of

Audit, Ordnance Factories and Principal Director of Audit, Railways. He has

worked in the office of the Comptroller and Auditor General of India as Asst.

CAG (Personnel), Principal Director, International Relations and as Director

General, Performance Audit. He has been Director General of the National

Academy of Audit and Accounts, Shimla and later became Director of the

National Institute of Financial Management, Faridabad. Shri Chatterji has been

Additional Deputy CAG responsible for audit of Autonomous Bodies and State

Page 28: NTPC

Commercial Enterprises. He was promoted as Deputy CAG and was responsible

for the audit of Indian Railways, Local Bodies and the Accounts of the States.

Concurrently he was also Chairman Audit Board responsible for the Audit of all

Central Public Sector Undertakings. Immediately prior to his retirement Shri

Chatterji was Deputy CAG responsible for the administration of the whole Indian

Audit and Accounts Department. He was also responsible for all Professional

Practices in the Department and was Chairman of the Govt. Accounting Standards

Advisory Board. Currently, he serves as a member of the Independent Advisory

and Oversight Committee of the World Intellectual Property Organisation,

Geneva and member of the Quality Review Board constituted by the Ministry of

Corporate Affairs under the Chartered Accountants Act.

Shri Sushil Khanna is Fellow of Indian Institute of Management, Calcutta (IIM-

C). He is Professor of Economics and Strategic Management at IIM-C since 1991.

He has been visiting Professor in various Universities and institutes abroad. His

past positions included Member, Task Force on New Industrial Policy, Govt. of

Kerala, Chairman, Kerala Financial Corp. Member, Management Studies Board

of All India Council for Technical Education etc. He has published several

articles and chapters in the books on the topics relating to Industrial Policy,

Industrial Economics, Strategic Management and Management of Services. His

recent studies/ Consultancy assignments include study of Government/ Public

Sector, Private Sector and Civil Society. He is currently, Member, Board for

Reconstruction of Public Sector Enterprises, and Independent Director on the

Board of Oil India, Shipping Corp of India and Nicco Internet Ventures Limited.

Dr. Alwyn Didar Singh, IAS is Masters in Social Science and M.A. in History,

Political Thought. He also holds Ph.D. in Policy and Strategy of Electronic

Commerce. He retired as Secretary to the Government of India in the Ministry of

Overseas Indian Affairs. During his career, he has held various posts including as

Additional Secretary, Member (Finance), National Highways Authority of India,

Page 29: NTPC

Department of Road Transport and Highways; and Joint Secretary in the Ministry

of Heavy Industries and in Ministry of Commerce (Foreign Trade). Dr. Singh has

hands-on-experience in the area of e-commerce and management, having been

Managing Director of two Information Technology enterprises in Punjab i.e.

Punjab Electronics and ESPL and also MD of MCCL (Meghalaya Cement) and

MD of Meghalaya Tourism. He has also been Nominee Director on the Boards of

BHEL, HMT, EPI, HEC, Cement Corporation of India, Andrew Yule. He is an

expert in e-commerce and ICT development; trade and PPP. He has presented a

number of papers and authored books on e-commerce and trade.

Dr. A. Didar Singh has taken the charge as Non-Official Part-time Director

(Independent Director) on the Board of NTPC w.e.f. 23.08.2012.

Shri Prashant Mehta, aged 61 years, an Indian Administrative Services Officer

of Madhya Pradesh Cadre, is a graduate in Science and post-graduate in Physics

from University of Jabalpur, Madhya Pradesh. He retired as Director General,

Academy of Administration, Bhopal, Government of Madhya Pradesh in

November 2011. During his illustrious career of 36 years as IAS officer, he had

held various administrative positions in Madhya Pradesh Government

departments including education, civil aviation, railways, revenue, mines, forests,

etc. He had been actively associated with MP Cricket Association and had been

Chairman, Organising Committee for One-day International Cricket matches from

1996 to 2011 at Gwalior. Presently, he is Vice-President of Madhya Pradesh

Cricket Association, Executive President of the Gwalior Division Cricket

Association and also the Chairman of WWF (Madhya Pradesh and Chattisgarh).

He had been Managing Director of Kailaras Sugar Factory Morena and

Government Nominee Director on the Board of NALCO, BALCO, Hindustan

Zinc Limited and Hindustan Diamonds Limited.

Shri Prashant Mehta has taken the charge as Non-Official Part-time Director

(Independent Director) on the Board of NTPC w.e.f. 30.07.2013.

Page 30: NTPC

Shri M.R.P Rao is Bachelor of Engineering in Mining (Gold Medalist) from

Osmania University, Hyderabad in 1983. After a stint of about 04 years as

Production Incharge in Singareni Collieries Co. Ltd. (SCCL), he joined Indian

Forest Service in 1986 batch. He has held various important positions in Forest

Deptt. Uttar Pradesh. He has taken over as ChiefVigilance Officer in NTPC.

 

Human Resources

NTPC Elder's Forum

NTPC believes in long term association with its people. We value our people and their services even

after their retirement. Click here to know more

'People before PLF (Plant Load Factor)' is the guiding philosophy behind the entire gamut of HR

policies at NTPC. We are strongly committed to the development and growth of all our employees as

individuals and not just as employees. We currently employ approximately 26,000 people at NTPC.

Competence building, Commitment building, Culture building and Systems building are the four

building blocks on which our HR systems are based.

Our HR Vision

"To enable our people to be a family of committed world class professionals."

Page 31: NTPC

Recruitment

We believe in the philosophy of 'Grow your own timber'. Our 'Executive Trainee' scheme was

introduced in 1977 with the objective of raising a cadre of home grown professionals. First Division

Graduate Engineers/ Post graduates are hired through nation-wide open competitive examinations and

campus recruitments. Hiring is followed by 52 weeks of fully paid induction training.

Career Advancement & Opportunities

We have a well established talent management system in place, to ensure that we deliver on our

promise of meaningful growth and relevant challenges for our employees. Our talent management

system comprises PERFORMANCE MANAGEMENT, CAREER PATHS and LEADERSHIP

DEVELOPMENT.

Rewards & Recognitions

We have, from inception, created a culture of rewards and recognitions through celebration of various

achievements and events and recognising the contributions behind such success.

Innovate, Create, Compete

We have introduced numerous initiatives which seek to enhance the creativity, innovation, functional

aptitude and teamwork of our employees. These initiatives include National Open Competition for

Page 32: NTPC

Executive Talent (NOCET), Professional Circles, Quality Circles, Business Minds and Medha

Pratiyogita (a quiz for our employees). A management journal called “Horizon” is published quarterly

to enable the employees to share their ideas and experiences across the organisation.

Quality of Work-Life

NTPC is proud of its systems for providing a good quality of work-life for its employees. In addition to

providing beautiful and safe work places, NTPC encourages a culture of mutual respect and trust

amongst peers, superiors and subordinates.

Page 33: NTPC

Away from hectic city life, NTPC townships provide an environment of serenity, natural beauty and

close community living. Numerous welfare and recreation facilities including schools, hospitals and

clubs are provided at the townships to enhance quality of life & the well being of employees and their

families. An entire range of benefits, from child care leave to post retirement medical benefits are

extended to employees to meet any exigency that may arise in a person's life.

Knowledge Management in NTPC

To meet our ultimate objective of becoming a learning organisation, an integrated Knowledge

Management System has been developed, which facilitates tacit knowledge in the form of learning and

experiences of employees to be captured and summarized for future reference.

Training & Development

NTPC subscribes to the belief that efficiency, effectiveness and success of the organisation, depends

largely on the skills, abilities and commitment of the employees who constitute the most important asset

of the organisation.

We have developed our own comprehensive training infrastructure.

Education Up-gradation Schemes

Page 34: NTPC

To meet the academic aspirations of employees and match them with the needs of the organisation,

NTPC has tie-ups with institutes of repute like MDI, Gurgaon; IIT Delhi; BITS Pilani, etc. NTPC

sponsors batches of employees who are inducted into these courses based on their performance rating in

the company and their performance in the entrance exam conducted by the respective institute. Unlike

other study leave and sabbaticals, employees undergoing these courses do not forego their salary or

growth during the duration of the course.

Seeking Feedback

We actively seek and encourage employee feedback to ensure that our HR interventions and

practices remain relevant and meaningful. We regularly conduct Employee Satisfaction and

Organisational Climate Surveys.

Awards

We derive immense satisfaction from the awards we receive and the resulting recognition they bestow.

The awards are key indicators and milestones on our HR journey, and reinforce our HR philosophy and

practices. NTPC has been awarded No.1, Best Workplace in India among large organisations for the

year 2012, by the Great Places to Work Institute, India Chapter in collaboration with The Economic

Times. This year, NTPC is the only PSUs , First in large organizations , 1st in energy , oil and gas

industry amongst the Best Companies to Work for in India.

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NTPC has been ranked first amongst PSUs, 1st amongst large organizations (over 10000 employees)

and 1st in energy and oil and gas industry sector amongst India’s Best Companies to Work For- 2013

by The Great Place to Work  Institute.  The company has been positioned sixth Great Place to Work for

in the country. Shri U. P. Pani Director (HR) and Shri G.J. Deshpande, Regional Executive Director,

NTPC received the award at a ceremony held in Mumbai.

Great Place to Work Institute is a pioneer in studying and recognizing best work places around the

world for over 28 years. Around 535organizations registered for the study this year in India.

NTPC has continuously been part of the Best Workplaces List for the last nine years and has been

consistently amongst top performers. NTPC’s people practices are rated among best in the country. In

all these surveys, feedback was taken directly from the employees regarding how and what they feel

about NTPC


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