History of NTPC Ltd.
YEAR EVENTS 1993 - The Comp. achieved all the targets set under the Memorandum Understanding [MOUs] signed with the Government of India for 5 successive year.
- Korba - the first biggest power station of Country situated in Bilaspur district of M. P.
- Unit-I was synchronised in March, 1992.
- Due to the disturbed conditions in Russia the supply of balance parts for other units had been very adversely affected. As a result, despite best efforts, the second unit couldn't be commissioned in 1992-93 & it will now be commissioned in 1993-94.
- Unit-I was commissioned during 1991-92. Two more units were added during 1992-93. These units are under stabilisation.
- The construction work on fourth unit was substantially affected due to non-performance of some of contractors & the Unit is now envisaged to be commissioned during early 1994-95.
- The first gas turbine was synchronised in 1991-92, the remaining three gas turbines & two [2s] steam turbines were commissioned in the financial year 1992-93.
- Generation at NTPC coal & gas based power stations was affected severely due to coal & gas shortages & also due to grid restrictions.
- Karnataka Government has entered into an understanding with M/s. Cogentrix, USA for establishing Mangalore TPP.
- NTPC has always been the trail blazer in acquiring/assimilating & developing the latest state-of-the-art technologies for ensuring high level of operational performance of its plants in terms of availability, reliability, efficiency & pollution control.
- NTPC has been recognised as the first utility to build in-house Comp. by bodies like BIS, SEI & the industry.
- During the year, NTPC initiated studies like ecological impact assessment through satellite imageries, detailed geohydrological studies around ash pond of various projects.
- An agreement was signed with M/s. Ballarpur Industries Ltd. [BILTs] for supply of dryfly ash at the rate of about 250T per day from Badarpur Thermal Power Plant for manufacture of aerated autoclaved concrete products.
- NTPC has entered the era of ON-line Information environment through INGRESS RDBMS.
- NTPC has made its successful way into exciting Hi-tech field of MULTIMEDIA by installing first Multimedia Workstation. - A new company, 'Spectrum Power Generation Ltd.' Jointly promoted by Spectrum Technologies, USA, Jaya Food Industries, Hyderabad & NTPC, to implement the project has been formed.
- The Power Purchase Agreement, Promoters' Agreement & Fuel Supply Agreement etc. have been signed.
- The Award of Honour from the National Safety Council [UKs] have been won by NTPC as a high performing organisation in the area of Safety.
- NTPC organised special Family Welfare Camps in its projects/stations, primarily for benefit of nearby population, where attractive monetary & non-monetary incentives were offered by NTPC in addition to the incentive offered by the State Govt.
- The NTPC Rehabilitation and Resettlement Policy was modified with an objective to ensure that the project affected persons improve or at least regain their existing standard of living at the time of acquisition of land.
- The NTPC Pavilions at Ichchapur, in West Bengal & Patna in Bihar, where energy conservation & environment were the main themes, received the first & second prizes respectively for best display.
- The employees of Comp. have got Prime Minister Shram Awards. This is the eighth consecutive year that the Comp. is getting the award. - NTPC has also bagged the Comp. Standardization Award for 1992 from Institute of Standards Engineers, an affiliated professional body of Bureau of Indian Standards.
1994 - A tripartite agreement was signed during the year between NTPC, UPSEB & GAIL for direct power supply to GAIL.
- NTPC made a Public Issue of Bonds for Rs. 150 crores in December '93 which was oversubscribed by more than four times.
- During the year 1993-94, Rihand STPP [2x500 MWs] generation was affected due to problem of vibration in the generation of Unit-I necessitating it shut down for 55 days resulting in loss of generation of about 660 MUs.
- An agreement for financial assistance for Faridabad Combined Cycle Gas Based Power Project [400 MWs] has been singed with OECF, Japan.
- NTPC & Oman Oil Comp. Ltd [OOCs] have entered into a Memorandum of Understanding [MOUs] to promote a joint stock public limited Comp. with the intent of both parties along with other associates to subscribe to equity to set up gas based power projects under the latest guidelines issued by Govt. of India for private sector participation in power generation and distribution.
- During the year, NTPC bagged the prestigious 'Jawaharlal Nehru Memorial National Award' for effective implementation of Pollution Control Methods, among the entire Indian Power Sector.
- MOUs have been signed with M/s. Nagarjuna Litecrete limited & M/s. Ria-Shelcon for setting up ash based products manufacturing units with ash from Ramagundam & Farakka Power Stations.
- NTPC representative was a member of Task Force set up by Govt. of India for Standardisation of various Bid Documents for the procurement of work, equipment and services against World Bank financing.
- During the year the National Safety award from the Government of India was conferred on Singrauli STPS [Runners Up Awards] and Farakka STPP [Consolation Awards].
- British Safety Council has also awarded the prestigious National Safety Award to six Projects of NTPC at Badarpur, Korba, Ramagundam , BALCO, Anta & Kawas.
- NTPC became a member of newly constituted Power Sports Control Board during the year & successfully organised the First Inter PSU Cricket Tournament at Singrauli, NTPC teams won the team championships in Cricket, Volleyball, Hockey, Table Tennis & Chess & were the runners up in Bridge.
- A news magazine 'Vidyut Swar' in Hindi has been launched to encourage the forum for budding talents.
2000 - Maharashtra State Electricity Board has signed separate power purchase agreement with the Comp. for total power supply of 1,345 mw from Kawas-II, Gandhar-II, Vindhyachal-II & Siptat power stations.
- The capacity of Comp. at Talcher in Orissa is expanding from 1,000 mw to 2,000 mw.
- The Comp. has signed a memorandum of understanding with the Ministry of Power for generating 9,4000 million units of electricity during the current financial year.
- The Comp. is likely to be the joint venture partner of newly-formed SAIL Power Supply Comp. Ltd, a wholly-owned subsidiary of Steel Authority of India Ltd.
- The Comp. will sign a joint venture agreement to pick up 26 per cent stake in the Gujarat Pipapav Liquefied Natural Gas Ltd's Rs 2,500 crore LNG terminal.
- The Comp. has proposed to pick up a majority stake in Nathpa Jakhri Power Corporation following shortfall in equity contribution by centre & the state government for 1500 mw hydel project in Himachal Pradesh.
- The Comp. is getting into wind power segment, starting preliminary work on two projects in Karnataka & Tamil Nadu each with a capacity of 20 MW.
- NTPC will set up a Rs 8,000-crore LNG fuelled power plant in Mangalore.
- The Comp. has established a 2000MW gas-based power plant near Mangalore.
- The Comp. will double its generation capacity in the southern region to 6,900 mw by end of Tenth Plan.
- The Comp. is switching over to higher capacity plant size of 660 MW & new generation power plant technology by adopting supercritical parameters.
- Shhri Raghavan Pillai Parameswaran Nair of Korba Station of Company is the only recepient of Shram Ratna Award. This is the second consecutive year that NTPC has won the Shram Ratna award.
- The Comp. has signed an agreement with State Bank of Patiala to raise a long-term loan of Rs 150 crores for part-financing its ongoing power generation capacity expansion programme.
- The Comp. have bagged the `British Safety Council Awards' for year 1999 in recognition & commendation of services rendered for cause of safety in the projects. The award winning stations are Ramagundam, Farakka, Rihand, Vindhyachal, Unchahar, Dadri, Talcher Kaniha, Talcher Thermal, Anta, Jhanor Gandhar & NTPC-managed Badarpur Station.
- Mr. C.P. Jain has taken over as Chairman & Managing Director of Company.
- State-owned National Thermal Power Corporation has agreed to pick up a minority 10 per cent stake in Coal India Ltd proposed venture in Bihar to supply coal to the thermal power giant four greenfield power projects in the state.
- NTPC & ONGC are forming a new joint venture Comp. for setting up gas residue-based power projects.
- Moody Investors Services has assigned a `BA2' long-term foreign currency issuer rating to the company.
- The Comp. has launched a drive to recover arrears from the electricity boards of Maharashtra, Madhya Pradesh, Gujarat, Goa, Daman & Diu & Dadra Nagarhaveli.
- The Comp. has developed a unique financial tool to ensure payment of past dues.
- The state-run National Thermal Power Corporation has offered to set up a coal-based power project in Maharashtra.
2001 - The Workers of Comp. observed a one-day strike, the strike call has been given by Centre of India Trade Union.
- The Comp. has signed a memorandum of understanding with the government to generate 1,21,000 million units of electricity during 2001-2002.
- The indian Oil Corporation & National Thermal Power Corporation have signed a memorandum of understanding to set up petro-fuel power plants in India.
- :The National Thermal Power Corporation [NTPCs] has informed the government that it is not interested in taking over the Enron-promoted Dabhol Power Project.
-The National Thermal Power Corporation [NTPCs] is planning to install new power plants in its western region, which could be of 1000 mw or more.
2003
-'Best Employer' survey conducted by Business Today & Hewitt Associates rates National Thermal Power Corporation [NTPCs] as the best employer among publlic sector undertakings for 2002-03
-Receives Rs 11,503 crore bonds from State Electricity Boards [SEBs] towards dues
- Inked Rs 7,000-cr Loan agreement with LIC.
-NTPC Ramagundam unit has received the Rajbhasha Award for 2002-03. In spite of its presence in a non-Hindi speaking area, the Comp. has bagged the award for eight times.
-Inks power purchase agreement with Mahrashtra State Electricity Board [MSEBs]
2004
-NTPC join hands with Kerala State Industrial Development Corporation [KSIDCs] for setting up LNG terminal
- The Kerala State Industrial Development Corporation [KSIDCs] join hands with NTPC for Kayamkulam project
-NTPC inks pact for expansion of Kayamkulam thermal plant
-Vajpayee dedicates NTPC power project to nation
-Prime Minister unveils Simhadri project
-Shyam Benegal film for NTPC adjudged as best film on corporate responsibility
-NTPC & others join hands for Pipavav project
-NTPC signs accord with ASCI for joint research
-NTPC has signed a memorandum of understanding [MoUs] with Administrative Staff College of India [ASCIs] for carrying out joint research & prepare well-documented policy options that would contribute to reform & sectoral growth in the area of generation, transmission & distribution of power.
-National Thermal Power Corporation, Kayamkulam, gets award for industrial safety instituted by National Safety Council, Kerala Chapter, in other industries category
-Entered into an agreement with Indian Institute of Technology, Mumbai, to promote research & development in several areas including power distribution & renewable technology.
-The 1000-MW Simhadri thermal power plant of NTPC here has got the ISO-9001 certification for quality management, ISO-14001 for environment management & OHSAS - 18001 for safety management.
- NTPC expands installed capacity to 22,250 MW
-National Thermal Power Corporation limited [NTPCs] has bagged the Enterprise Excellence Award
-The National Thermal Power Corporation [NTPCs] has signed an agreement with Uttaranchal government to develop two hydro-electric projects with an installed capacity of 1120 mw in the hill state
-NTPC floats JV with TNEB for 1,000 MW power project in Ennore
2005
-NTPC forges alliance with IOC for new power plant
-NTPC CMD wins SCOPE award
-NTPC may ink agreement with RIL for gas supply
- NTPC Hydro signs agreement to implement Hydro-Electric Power Project
-NTPC Hydro signs agreement with WBSEB for 90mw unit
- Bharat Heavy Electricals [BHELs] teams up with National Thermal Power Corporation [NTPCs] for promoting a 100 mw IGCC [integrated gassification & combined cycles] power project.
- NTPC signs MoU with Defence Metallurgical Research Laboratory [DMRLs] to develop gas turbine blades
2006
- NTPC appoints Mr R. Venkateswaran as General Manager
-NTPC to set up 500MW plant in Sri Lanka
2007
-National Thermal Power Corporation Ltd [NTPCs] has informed that Shri. K B Dubey has taken over as Director [Projectss] of Comp. w.e.f. January 12, 2007.
-National Thermal Power Corporation Ltd [NTPCs] has forayed into an pact with Coal India Ltd [CILs] to build & run coal blocks & integrated coal based power plants.
-NTPC Ltd has inked a memorandum of understanding [MoUs] with the Ministry of Power. -NTPC signs $100mn loan agreement with KfW
-NTPC Ltd & Singareni Collieries Comp. Ltd [SCCLs] on May 11, forayed into an equal joint venture for development, operation & maintenance of coal blocks.
-NTPC Ltd on May 23,2007 inked an agreement with Chhattisgarh State Electricity Board to sell electricity from its Barh Super Thermal Power Station [stage IIs].
- Ntpc Limited has has appointed Shri Rajesh Verma, Joint Secretary & Financial Advisor, Ministry of Power as Part-time Director [Government nominees] on the Board of NTPC Limited.
-National Thermal Power Corporation Ltd [NTPCs] has informed that a Memorandum of Understanding [MOUs] has been signed on July 29, 2007 between the Comp. & Anna University, Chennai [AUCs] to provide a platform for knowledge sharing & collaboration to promote Research & Development.
-Ntpc Limited has informed that As per order No. 8/6/2007 - TH. i dated 30th August , 2007 of Ministry of Power, Government of India & in pursuance of Article 41 of Articles of Association of NTPC Limited, the President has appointed Shri V.P. Joy, Joint Secretary, Ministry of Power as Part- time Director [Government nominees] on the Board of NTPC Limited, with effect from August 30, 2007.
-National Thermal Power Corporation Ltd [NTPCs] has has signed a Memorandum of Understanding [MOUs] with Bharat Heavy Electricals Ltd [BHELs] for forming a Joint Venture Comp. for carrying out Engineering Procurement & Construction [EPCs] activities in the power sector on mutually beneficial terms.
2008
-National Thermal Power Corporation Ltd [NTPCs] has informed that an MOU has been signed on February 08, 2008 between the Comp. & Bharat Forge Ltd [BFLs] to promote a Joint Venture Company, with an equity participation of 49:51 by Comp. & BFL respectively, to take up manufacture of castings, forgings, fittings & High Pressure piping required for Power & other industries, Balance of Plant [BOPs] equipment for power sector etc.
- National Thermal Power Corporation Ltd [NTPCs] has informed that as per order dated December 26, 2008 of Ministry of Power, Government of India & in pursuance to Article 41 of Articles of Association of NTPC Ltd, the President of India has appointed Shri i J Kapoor, as Director [Commercials] on the Board of Directors of NTPC for a period of five years with effect from the date of taking over the charge of post or till date of his superannuation or until, further orders whichever event occurs the earliest.
