National Thermal Power Corporation (NTPC)
- NTPC, founded in 1975, is India’s largest energy producer. Its purpose is to supply reliable and efficient power in an economical and environmentally friendly manner. Over the years, it has become a significant player in the power generation industry.
- NTPC generates electricity not only from fossil fuels but also from renewable sources like hydropower. This supports India’s INDC goal of reducing carbon footprint by 33-35% by 2030 from 2005 levels, as outlined in UNFCCC.
- The company has expanded into power trading, power professionals, rural electrification, and coal mining.
- Recognized as a Maharatna company in May 2010.
- Ranks second among the Top 250 Global power companies as an Independent Power Producer.
Maharatna Companies in India
Maharatna companies in India are a distinct category among Public Sector Undertakings. The term “Maharatna”, which means “a great jewel” in Hindi, highlights the importance of these companies in the national economy and their impact globally. To have the Maharatna status, companies must meet specific criteria set by the Indian government, including already holding Navratna status, being listed on India’s stock exchange with a minimum prescribed public shareholding, and maintaining strong financial performance.
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