NTPC Limited
National Thermal Power Corporation, Central Public Sector Undertaking coal mining / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about NTPC Limited?
Summarize this article for a 10 year old
NTPC Limited, formerly known as National Thermal Power Corporation, is an Indian central Public Sector Undertaking (PSU) under the ownership of the Ministry of Power and the Government of India, who is engaged in the generation of electricity and other activities. The headquarters of the PSU are situated at New Delhi. NTPC's core function is the generation and distribution of electricity to State Electricity Boards in India. The body also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management, and operation and management of power plants.
Formerly | National Thermal Power Corporation |
---|---|
Company type | Central Public Sector Undertaking |
ISIN | INE733E01010 |
Industry | Electricity |
Founded | 7 November 1975; 48 years ago (1975-11-07) |
Headquarters | , India[1] |
Area served | India |
Key people | Gurdeep Singh (Chairman & MD)[2] |
Services | Electricity generation and distribution natural gas exploration, production, transportation and distribution |
Revenue | ₹181,166 crore (US$23 billion) (2024)[3] |
₹27,141 crore (US$3.4 billion) (2024)[3] | |
₹21,332 crore (US$2.7 billion) (2024)[3] | |
Total assets | ₹480,196 crore (US$60 billion) (2024)[3] |
Total equity | ₹165,122 crore (US$21 billion) (2024)[3] |
Owner | Ministry of Power, Government of India[4] |
Number of employees | 15,786 (2022[3]) |
Subsidiaries | |
Website | www |
It is the largest power company in India with an electric power generating capacity of 71,594 MW.[5] Although the company has approximately 16% of the total national capacity, it contributes to over 25% of total power generation due to its focus on operating its power plants at higher efficiency levels (approximately 80.2% against the national PLF rate of 64.5%). NTPC currently produces 25 billion units of electricity per month.[citation needed]
NTPC currently operates 55 power stations: 24 coal, seven combined cycle gas and liquid fuel, two hydro powered, one wind turbine, and 11 solar projects. Additionally, it has 9 coal and 1 gas station, owned by joint ventures or subsidiaries.
It was founded by Government of India in 1975, which now holds 51.1% of its equity shares[6] after divestment of its stake in 2004, 2010, 2013, 2014, 2016, and 2017. In May 2010, NTPC was conferred Maharatna status by the Union Government of India, one of only four companies to be awarded this status.[7] It is ranked 433th in the Forbes Global 2000 for 2023.[8]