Top 10 Public Sector (PSU) Companies in India 2015
Posted in Top Brand Lists, Total Reads: 19517
4. National Thermal Power Corporation
National Thermal Power Corporation Limited also referred to as NTPC is a central government undertaking under the Ministry of Power.
Image: company website
It is engaged in generation of electricity and allied activities. It also undertakes consultancy and turnkey project contracts involving engineering, project management and construction management.
It is the largest power company in India and has also engaged in oil and gas exploration and coal mining activities. It had come up in the year 1975 and at present the government owns 70% stake in the enterprise. It was conferred a Maharatna status in 2010 and it found its way in the Forbes Global 2000 list for 2014.
NTPC is located in 55 regions in India, 1 in Sri Lanka and 2 in Bangladesh. Its name was changed to NTPC Limited in 2005. In 2009, the company had joined forces with other public sector companies such as Rashtriya Ispat Nigam, Steel Authority of India, Coal India and National Minerals Development Corporation to invest in coal mining via a joint venture International Coal Ventures Private Limited.
The intention of NTPC to go global led to signing of memorandum of understanding with the governments of Sri Lanka, Japan, Nigeria and Bangladesh. NTPC is listed in both the BSE as well as the NSE. The shareholding pattern of the company can be described as follows:
• Promoters: Government of India – 70.00%
• Foreign Institutional Investors – 10.24%
• Financial Institutions/Banks – 8.58%
• Individual Shareholders – 6.93%
• Mutual Funds/UTI – 1.33%
• Others – 2.92%
The public sector enterprise has over 24000 employees with a low attrition rate. It was ranked 62nd among the 250 largest Power Producers and Energy Traders in the world by Platts in 2012. It also received ICSI National Award for Excellence in Corporate Governance in 2009.