BACKGROUNDER
NTPC is the highest in the world in terms of capacity utilization 'calculated as total generation (kWh) by capacity (MW)' during 2008-09;the largest power generation company in Asia and the 7th largest in the world in terms of market capitalization as on 31 August 2009; 3rd largest in Asia and 10th largest in the world in terms of electricity output during 2008-09 as per a global benchmarking study covering 25 largest power generation companies in the world.
With a pan-India presence and perspective NTPC Limited is supplying power through its 22 power stations, consisting of 112 units of different sizes, vintage and technologies. Company¡¦s stations and projects are located in 16 States and the Union Territory of Delhi. It supplies power to 24 States and 5 Union Territories. After the completion of its Bongaigaon Thermal Power Project in Assam, it will be supplying power to all the 28 States of India. NTPC has total installed capacity of 30644 MW.
In the process of realizing its Vision to become "A world class integrated power major, powering India¡¦s growth, with increasing global presence", NTPC is poised to have 75,000 MW generation capacity with diverse fuel mix, about 47 mtpa coal production from its mines, 25 billion units power trading volume and an employee strength of about 35,000 by the year 2017. The Company is firmly on course to become a huge and integrated energy corporate.
NTPC provides growth momentum to the sector creates benchmarks of operational excellence and promotes sustainable energy corporate. It is committed to develop and provide reliable
power, related products and services at a competitive price, integrating multiple energy corporate innovative and eco-friendly technologies. NTPC has 5 subsidiaries and 15
joint ventures which strengthen its business model aimed at related diversification and integration along the energy-value-chain as an effective growth strategy.
The company has strong asset base of over Rs. 1 trillion or Rs. 1 lakh crore, robust business model, prudent strategies, growth oriented market and its corporate strengths guarantee its steady progress over the long term.
The Compound Annual Growth Rate (CAGR) of power demand for the last five years has been 6.80% as against power supply CAGR of 5.88%. The CAGR of NTPC's power generation has been higher at 6.79%. Strong appetite for electricity consumption in the country translates into robust growth outlook for power players like NTPC. Gross electricity requirement by the end of the 11th Plan projected by the Working Group on Power is 1,038 billion kWh and peaking demand estimation is 1,51,000 MW.
NTPC is the third largest Indian Company with market capitalization of Rs. 1,750 billion as on 31 August 2009. CRISIL Research, after carrying out their independent equity research, on June 30, 2009 assigned NTPC the highest fundamentals grade as per CRISIL¡¦s fundamentals analysis framework, indicating that the Company¡¦s fundamentals are 'Excellent' among the listed securities in India.
NTPC power stations continued to operate with benchmark performance. Plant load factor (PLF) of 91.14% was clocked in FY 2008-09 bringing it at top of the top line power stations in the world. Performance benchmarking carried out with North American Electric Reliability Corporation (NERC), which maintain database of 5,000 units (about ten times of the total number of units in India), reveals that the performance of NTPC units on parameters of capacity utilization, availability, planned and unplanned outages, has been better compared to global utilities who are members of the database system.
For the year 2009-10, NTPC's capital expenditure target is Rs. 177 billion. For the Group NTPC, capital expenditure outlay is around Rs. 245 billion, an increase of 62% over the last year.The new projects of the company are to be financed with a debit-equity ratio of 70:30. Internal accruals are sufficient to finance equity portion of the company¡¦s scheduled investment.
NTPC is preparing its long term Corporate Plan for the period 2010 - 2032. This Plan shall include strategies and growth targets, fuel choices, technology choices and measures to deal with the likely changes in the business environment. During the course of implementing this proposed Plan, your Company would aspire to be the most valuable Indian company as well as the world leader in power generation. Company aspires to be a leader in GREEN POWER.NTPC has a target of setting up hydro power capacity of 9,000 MW, nuclear power capacity of 2,000 MW, and renewable energy corporate 1,000 MW by 2017 towards low-
carbon energy corporate.
NTPC is working on its captive coal mines with production target of 12 mtpa by 2012 and 47 mtpa by 2017 from the 6 coal mining blocks allotted to it. Steps have been taken towards forming a joint venture company with Coal India Limited (CIL) to develop, operate and maintain two coal mining blocks allotted jointly to NTPC and CIL in Jharkhand and develop integrated power plants. NTPC has signed a long-term Coal Supply Agreement with Coal India Limited for a period of 20 years with the objective of ensuring guaranteed coal supply at 90% of annual contracted quantity for its generating stations. A dedicated group is working on this area.
Company is also scouting for opportunities for acquisition of stakes in coal mines abroad and is exploring possibilities in Indonesia, Mozambique and South Africa. NTPC has formed a joint venture company with RINL, SAIL, CIL and NMDC for sourcing coking coal and thermal coal from overseas. Gas Sourcing and Exploration: For sustained long-term supply of APM category gas by GAIL, renewed APM Agreement up to the year 2021 and PMT Agreement up to the year 2019. Additional domestic gas tie-ups being worked out on long term commitment basis to further augment its gas supply. With increased availability for domestic gas, NTPC plans to build more gas based power plants.Company is working on its exploration blocks in Arunachal Pradesh acquired through NELP V. Company shall participate in the NELP VIII Round for acquiring more blocks.
Global honors bestowed on the company:
v # 1 Independent Power Producer (IPP) in Asia in 2008 by Platts, a division of the McGraw-Hill Group
v # 317 in the Forbes Global 2000 List of the world’s largest Companies published in the year 2009, rising 94 notches from # 411 in 2008.
v # 126 in the world on the basis of market capital in Forbes Global 2000 list published in the year 2009
NTPC is the highest in the world in terms of capacity utilization 'calculated as total generation (kWh) by capacity (MW)' during 2008-09;the largest power generation company in Asia and the 7th largest in the world in terms of market capitalization as on 31 August 2009; 3rd largest in Asia and 10th largest in the world in terms of electricity output during 2008-09 as per a global benchmarking study covering 25 largest power generation companies in the world.
With a pan-India presence and perspective NTPC Limited is supplying power through its 22 power stations, consisting of 112 units of different sizes, vintage and technologies. Company¡¦s stations and projects are located in 16 States and the Union Territory of Delhi. It supplies power to 24 States and 5 Union Territories. After the completion of its Bongaigaon Thermal Power Project in Assam, it will be supplying power to all the 28 States of India. NTPC has total installed capacity of 30644 MW.
In the process of realizing its Vision to become "A world class integrated power major, powering India¡¦s growth, with increasing global presence", NTPC is poised to have 75,000 MW generation capacity with diverse fuel mix, about 47 mtpa coal production from its mines, 25 billion units power trading volume and an employee strength of about 35,000 by the year 2017. The Company is firmly on course to become a huge and integrated energy corporate.
NTPC provides growth momentum to the sector creates benchmarks of operational excellence and promotes sustainable energy corporate. It is committed to develop and provide reliable
power, related products and services at a competitive price, integrating multiple energy corporate innovative and eco-friendly technologies. NTPC has 5 subsidiaries and 15
joint ventures which strengthen its business model aimed at related diversification and integration along the energy-value-chain as an effective growth strategy.
The company has strong asset base of over Rs. 1 trillion or Rs. 1 lakh crore, robust business model, prudent strategies, growth oriented market and its corporate strengths guarantee its steady progress over the long term.
The Compound Annual Growth Rate (CAGR) of power demand for the last five years has been 6.80% as against power supply CAGR of 5.88%. The CAGR of NTPC's power generation has been higher at 6.79%. Strong appetite for electricity consumption in the country translates into robust growth outlook for power players like NTPC. Gross electricity requirement by the end of the 11th Plan projected by the Working Group on Power is 1,038 billion kWh and peaking demand estimation is 1,51,000 MW.
NTPC is the third largest Indian Company with market capitalization of Rs. 1,750 billion as on 31 August 2009. CRISIL Research, after carrying out their independent equity research, on June 30, 2009 assigned NTPC the highest fundamentals grade as per CRISIL¡¦s fundamentals analysis framework, indicating that the Company¡¦s fundamentals are 'Excellent' among the listed securities in India.
NTPC power stations continued to operate with benchmark performance. Plant load factor (PLF) of 91.14% was clocked in FY 2008-09 bringing it at top of the top line power stations in the world. Performance benchmarking carried out with North American Electric Reliability Corporation (NERC), which maintain database of 5,000 units (about ten times of the total number of units in India), reveals that the performance of NTPC units on parameters of capacity utilization, availability, planned and unplanned outages, has been better compared to global utilities who are members of the database system.
For the year 2009-10, NTPC's capital expenditure target is Rs. 177 billion. For the Group NTPC, capital expenditure outlay is around Rs. 245 billion, an increase of 62% over the last year.The new projects of the company are to be financed with a debit-equity ratio of 70:30. Internal accruals are sufficient to finance equity portion of the company¡¦s scheduled investment.
NTPC is preparing its long term Corporate Plan for the period 2010 - 2032. This Plan shall include strategies and growth targets, fuel choices, technology choices and measures to deal with the likely changes in the business environment. During the course of implementing this proposed Plan, your Company would aspire to be the most valuable Indian company as well as the world leader in power generation. Company aspires to be a leader in GREEN POWER.NTPC has a target of setting up hydro power capacity of 9,000 MW, nuclear power capacity of 2,000 MW, and renewable energy corporate 1,000 MW by 2017 towards low-
carbon energy corporate.
NTPC is working on its captive coal mines with production target of 12 mtpa by 2012 and 47 mtpa by 2017 from the 6 coal mining blocks allotted to it. Steps have been taken towards forming a joint venture company with Coal India Limited (CIL) to develop, operate and maintain two coal mining blocks allotted jointly to NTPC and CIL in Jharkhand and develop integrated power plants. NTPC has signed a long-term Coal Supply Agreement with Coal India Limited for a period of 20 years with the objective of ensuring guaranteed coal supply at 90% of annual contracted quantity for its generating stations. A dedicated group is working on this area.
Company is also scouting for opportunities for acquisition of stakes in coal mines abroad and is exploring possibilities in Indonesia, Mozambique and South Africa. NTPC has formed a joint venture company with RINL, SAIL, CIL and NMDC for sourcing coking coal and thermal coal from overseas. Gas Sourcing and Exploration: For sustained long-term supply of APM category gas by GAIL, renewed APM Agreement up to the year 2021 and PMT Agreement up to the year 2019. Additional domestic gas tie-ups being worked out on long term commitment basis to further augment its gas supply. With increased availability for domestic gas, NTPC plans to build more gas based power plants.Company is working on its exploration blocks in Arunachal Pradesh acquired through NELP V. Company shall participate in the NELP VIII Round for acquiring more blocks.
Global honors bestowed on the company:
v # 1 Independent Power Producer (IPP) in Asia in 2008 by Platts, a division of the McGraw-Hill Group
v # 317 in the Forbes Global 2000 List of the world’s largest Companies published in the year 2009, rising 94 notches from # 411 in 2008.
v # 126 in the world on the basis of market capital in Forbes Global 2000 list published in the year 2009
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