NTPC is the largest power generation company based at India and ranked 411 at world from 2000 for 2008. At present the Govt of India holds its 89.5% and it is an Indian public sector company that is listed on the Bombay Stock Exchange. NTPS was founded on 7th Nov, 1975.
It’s core business is engineering, construction and operation of power generating plants and providing consultancy to power utilities in India and abroad.
NTPC’s share at 31 Mar 2001 of the total installed capacity of the country was 19.51% and it generated 27.68% of the power of the country in 2005-06. Every fourth home in India is lit by NTPC. 170.88BU of electricity was produced by its stations in the financial year 2005-2006. The Net Profit after Tax on March 31, 2006 was INR 58,202 million. Net Profit after Tax for the quarter ended June 30, 2006 was INR 15528 million, which is 18.65% more than for the same quarter in the previous financial year. 2005).
Pursuant to a special resolution passed by the Shareholders at the Company’s Annual General Meeting on September 23, 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 October 28, 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.
For more info - http://en.wikipedia.org/wiki/National_Thermal_Power_Corporation
