Back when India gained Independence, the economy was being run through Government run organizations. Many of the PSUs flourished at that time but later, due to Globalization and Liberalization, a lot of private players entered into the market and contributed a lot towards the nation’s progress. The top Indian companies are Reliance Industries, Indian Oil Corporation, Tata Motors, Tata Consultancy Services and Bharat Petroleum. The other companies in the list are Hindustan Petroleum, Coal India, ONGC, State Bank of India and NTPC. Here is the list of top 10 companies in India 2016.
10. National Thermal Power Corporation Ltd
NTPC Ltd, a Maharatna company since May 2010, is the biggest power generator of the country, with its headquarters in New Delhi.
Image: company website
It is a public sector undertaking with 75% government holding, incorporated on November 7, 1975, its aim was to focus on the power development in India and take it to greater heights. Its vision is “To be the world’s largest and best power producer, powering India’s growth” and that is what it has done.
It started generating electricity through fossil fuels and has now forayed into exploring renewable energy sources as well as hydro and nuclear energy sources. With a total capacity of 47,178 MW, it is the leading electricity generator of India.
It has numerous coal based, hydro based and gas based stations. The Company aims to have a capacity of 128000 MW by the year 2032 and is steadily moving towards the same under the guidance and supervision of Mr. Gurdeep Singh, its present Chairman and Managing Director.
NTPC has also gone global with MOUs (memorandum of understanding) being signed with Sri Lanka, Bangladesh, Nigeria and Japan. The company recorded a revenue of INR 78705.5 crore and a PAT (profit after tax) of INR 10162.43 crore in the financial year 2015-16. The company has recently signed a Joint Venture Agreement (JVA), to set up a JV company with Coal India Limited with 50:50 equity participation, for reviving the Fertilizer Plants at Bihar (Sindri) and UP (Gorakhpur) of Fertilizer Corporation of India Limited (FCIL).
The company has won several awards and accolades in this year itself, most recent being, Dun & Bradstreet Corporate Award 2016 for excellence in the power sector, Maharatna of the Year in Manufacturing Category by Dalal Street Investment Journal and Top Indian Power Brand 2016 as “Most Recognizable Brands of Indian Origin” by Planman Media.