Sunday, September 15, 2013

NTPC - Success Stock

PROFILE ABOUT THE CMD :

A firm believer in achieving team-excellence through transformational shift to proactive, positive and personalized approach and having experience in private and public sector organizations, Dr. Arup Roy Choudhury has an illustrious career of more than 34 years during which he has been holding the position of CEO for over 12 years. A graduate from Birla Institute of Technology-Mesra (Ranchi), post graduate and doctorate from IIT-Delhi, he follows the motto “संकल्प शुद्ध ही सिद्ध” i.e.if your intentions are pure, you are bound to succeed. Some highlights of his career are:

Became the youngest CEO of a Central Public Sector Enterprise in India (NBCC) at the age of 44 years in April 2001.

Honored with “Eminent Engineer Award” by Institution of Engineers (I) in 2004 for remarkable and valuable contribution, both national and international, in the field of engineering, particularly in civil engineering and construction sector.

Awarded for the best organizational turnaround from Hon. President of India in 2006.Received the Top Ten PSU and Turnaround Award from Hon. Prime Minister of India in 2007.
Received the Top Ten Central Public Sector Undertaking Award from Hon. Prime Minister of India in 2009.

Elected Chairman of Standing Conference of Public Enterprises, the apex body of over 240 Central Public Sector Enterprises in India, in 2009 re-elected unanimously in 2011.
Received the award as the Best Individual Leader of a Public Sector Enterprise from Hon. Prime Minister of India in 2010.

Received the Award for CSR and Responsiveness from Hon. President of India in 2010.Appointed CMD of NTPC, one of the ten largest power companies in the world and the largest power generator in India, since September 1, 2010.

Elected vice Chair (Asia-Pacific & South-Asia) of World Energy Council, the largest multi-energy organization in the world with nearly 100 member countries, in November 2011.
Received as CMD, the Gold Trophy for NTPC for best performance, from Hon. Prime Minister of India in January, 2012.
Honored with the ‘Asian CEO of the Year’ Award in April, 2012 by Terrapin, a Singapore-based business media company with presence in five continents doing significant work in Energy dialogue.

Figured at # 56 in the listing of India Inc’s 100 Most Powerful CEOs, 2012 (The Economic Times) and is at # 2 among the CEOs of the State Owned Enterprises (SOEs).
Honored with the “Outstanding Engineer Award” in October, 2012 by The Institution of Engineering and Technology (IET) UK, Delhi Network, for life-long contribution to “Excellence in Project Management in India”.

Honored with “Eminent Engineering Personality” by The Institution of Engineers (I) in December, 2012.

Ranked at # 40 in 'The Economic Times' List of India Inc's top 100 CEOs 2013 and is # 2 among the CEOs of the Public Sector Enterprises.

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 41,184 MW, NTPC plans to become a 128,000 MW company by 2032.

NTPC Limited (formerly National Thermal Power Corporation) (BSE: 532555, NSE: NTPC) is the largest Indian state-owned electric utilities company based in New Delhi, India. It is listed in Forbes Global 2000for 2012 ranked at 337th[3] in the world. It is an Indian public sector company listed on the Bombay Stock Exchange in which at present the Government of India holds 84.5% (after divestment of the stake by Indian government on 19 October 2009) of its equity. With an electric power generating capacity of 41,184 MW, NTPC has embarked on plans to become a 128,000 MW company by 2032. It was founded on 7 November 1975.
On 21 May 2010, NTPC was conferred Maharatna status by the Union Government of India.[4]

NTPC's core business is engineering, construction and operation of power generating plants and providing consultancy to power utilities in India and abroad.

The total installed capacity of the company is 41,184 MW (including JVs) with 16 coal-based and seven gas-based stations, located across the country. In addition under JVs (joint ventures), six stations are coal-based, and another station uses naphtha / LNG as fuel. By 2017, the power generation portfolio is expected to have a diversified fuel mix with coal-based capacity of around 31,855 MW, 3,955 MW through gas, 1,328 MW through hydro generation, about 1,400 MW from nuclear sources and around 1,000 MW from Renewable Energy Sources (RES).

NTPC has adopted a multi-pronged growth strategy which includes capacity addition through green field projects, expansion of existing stations, joint ventures, subsidiaries and takeover of stations.

NTPC has been operating its plants at high efficiency levels. Although the company has 19% of the total national capacity it contributes 29% of total power generation due to its focus on high efficiency.

NTPC’s share at 31 Mar 2001 of the total installed capacity of the country was 24.51% and it generated 29.68% of the power of the country in 2008–09. Every fourth home in India is lit by NTPC. As at 31 Mar 2011 NTPC's share of the country's total installed capacity is 17.18% and it generated 27.4% of the power generation of the country in 2010–11. NTPC is lighting every third bulb in India. 170.88BU of electricity was produced by its stations in the financial year 2005–2006. The Net Profit after Tax on 31 March 2006 was 58.202 billion. Net profit after tax for the quarter ended 30 June 2006 was 15.528 billion, which is 18.65% more than that for the same quarter in the previous financial year. It is listed in Forbes Global 2000, for 2011 ranked it 348th[3] in the world.

Pursuant to a special resolution passed by the Shareholders at the Company’s Annual General Meeting on 23 September 2005 and the approval of the Central Government under section 21 of the Companies Act, 1956, the name of the Company "National Thermal Power Corporation Limited" has been changed to "NTPC Limited" with effect from 28 October 2005. The primary reason for this is the company's foray into hydro and nuclear based power generation along with backward integration by coal mining.

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