The country's largest power producer, NTPC, which will add another 20,000 MWs by 2017 and induct large sized units of 1000 MWs during the 12th Plan, has its initial public offering oversubscribed by 13.4 times in the stock exchange.
NTPC chairman C P Jain said: "We plan to induct large sized units of 800/ 1000 MW during the 12th Plan under active guidance and support from CEA and Ministry of Power."
Also been ranked 486th in the Forbes Global List of 2000 leading companies of the world and fifth among the Indian companies contributes over 27 per cent of India's total power generation.
Generating 159.11 billion units of electricity with a Plant Load factor of 87.5 per cent, NTPC had a record top line growth of Rs 22,564.91 crore in 2004-05, as against Rs 18,868.37 crore during 2003-04.
Its net profit after tax grew to Rs 5,807.01 crore as compared to Rs 5,260.78 crore during 2003-04. Chairman C P Jain says, "Efficiency improvement by reducing the per unit overheads has decreased the cost of supply to the generators. As a result it has helped us in containing cost increases in the operations part."
In addition a record 100 per cent recovery of bills also played its role in effective financial management. Within a span of three decades since 1975, NTPC has created power generating facilities through 13 coal based, seven gas-based and 3 joint venture stations in all the major regions of the country.


