NTPC has been playing a major role in meeting the power needs of the country and contributing to its economic and social development
NTPC, a Maharatna and the largest power utility in the country has been playing a major role in meeting the power needs of the country and contributing to its economic and social development contributing 24 per cent of the country’s generation. NTPC has a vision to be the world’s largest and best power producer, fuelling India’s growth. NTPC has a total installed capacity of 47,178 MW through its 18 coal-based, 7 gas-based, 9 solar PV, 1 Hydro and 9 subsidiaries/ Joint Venture power stations. The company has a capacity of over 24,000 MW under different phases construction presently.
The company added 2255 MW capacity with its first hydro project at Koldam during 2015-16 commencing commercial operation. Incurred Capex of Rs 25,737.59 crore during the FY16 against MOU target of Rs 23,000 crore, thus achieving 112 per cent of target utilisation. A total Capex including group companies was Rs 31,868.88 crore. The current year capex target is Rs 30,000 crore for NTPC ltd. In addition, the group companies are likely to incur capex of Rs 8,965 crore.
NTPC recorded highest ever gross generation of 241.98 BU during the year 2015-16. NTPC coal stations achieved a PlF of 78.61 per cent during the year 2015-16, which is highest among the Central, state and private sectors. The group recorded gross generation of 263.42 billion units during the year 2015-16. NTPC’s three stations in terms of Plant load Factor (PlF) (Talcher Thermal-93.15%, Singrauli-92.61% and Talcher-Kaniha- 90.95%) were top performing stations in the country in the year 2015-16. Six out of top 10 performing stations in terms of PlF in the country belonged to NTPC during the period.
As a responsible power major, thrust on adding 10 GW of renewables to its capacity besides generating power from well diversified fuel mix consisting of coal, gas, hydro and solar. NTPC has 310 MW of solar capacity already operational and plans to add another 1310 MW in near term.
As a leading player in the world energy sector, NTPC recognised the potential of cutting edge technology in further improving its services and efficiency. The company is fully aligned to the needs of adapting to emerging technologies and upgrading the technologies through research and development.
NTPC is particularly sensitive to Research and Development and the paradigm shift which it can make. NETRA (NTPC Energy Technology Research Alliance) set up in 2009 is the outcome of this vision. Its core areas of research are: climate change, waste management, new and renewable energy, efficiency improvement and cost reduction besides providing scientific support to NTPC and external utilities for improving availability, reliability and efficiency.
Financial Highlights
Total assets of the company crossed Rs 2 lakh crore this year on stand alone basis and stood at Rs 2,14,619.26 crore as on 31.03.2016 as compared to total assets of Rs 1,97,134.72 crore as on 31.03.2015. NTPC is amongst the top 10 profit making companies for the year in “NIFTY 50”.
The Total Income for FY 2015-16 is Rs 71,696.07 crore and Profit after Tax is Rs 10,242.91 crore. The generation segment contributes about 88 per cent of total earnings.
NTPC is paying dividend continuously for the last 23 years. For the financial year 2015-16, the board has recommended the final dividend at 17.50% subject to the approval of shareholders in the forthcoming Annual General Meeting.
Inclusive Growth
At NTPC, all the activities and operations are guided by sound environmental practices, second to none. Right from its inception, the company has a well-defined environment policy. It is committed to protecting the fragile ecology as well as ensuring a sustainable growth of power. It is passionate about ensuring a clean environment for all of us and future generations. NTPC has actively gone for adoption of the best international practices on environment, occupational health and safety areas. Providing its employees with a safe working area is the primary concern of the management. NTPC recognises and accepts responsibility for establishing and maintaining safe and healthy working areas for all concerned.
NTPC has also championed the cause of Swachh Bharat by successfully completing about 29,000 toilets across 17 states covering 83 districts. A total expenditure on CSR for the year 2015-16 was Rs 491.80 crore (including Swachh Vidyalaya Abhiyan).
NTPC has inked two separate MoUs with Ministry of Skill Development and Entrepreneurship (NSDF – National Skill Development Fund) and National Skill Development Corporation (NSDC) with total fund of Rs 36.50 crore for various employability linked skill development programmes. It has committed to contribute Rs 200 crore for setting up of IIIT, Raipur. The institute commenced its academic session from 2015-16.