Friday, July 31, 2015

About Share Market

UNDERSTANDING THE STOCK
MARKET


Section I

Investing In Common Stocks

BS00558A

CORPORATIONS


.A corporation is a company that is a
separate legal entity owned by
stockholders. In other words, the
corporation functions like a single person
separate from its owners (stockholders).
Thus, the stockholders have limited
liability, (the investment
in the stock they own).


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COMMON STOCK


.Common stock represents ownership in a
corporation. When you buy common stock, you
are buying the corporation's factories,
buildings, and products. Common stock is sold
in shares. Each share of common stock
represents the basic unit of ownership of the
corporation.


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STOCK OWNERSHIP


.Stock is like a Pizza,
each share of stock
represents an equal
piece of the pie
(company).


Shares
MAKING MONEY TWO WAYS


.Price appreciationoccurs when you
sell your stock for
more than you paid
for the stock.


.Dividends are
the portion of a
corporation’s
profit that is
paid to
shareholders.


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PRICE APPRECIATION


As the company grows, your
piece of the pie grows as well.
If the company is successful and
grows by 25%, the value of your
shares will grow as well.

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MORE ON DIVIDENDS


.Dividendsare paid out of a
corporation's profit after taxes have
been paid. The corporation can,
however, retain part of the profit
and reinvest it in the corporation.
This portion is known as retained
earnings and it is frequently used
for research and development or
expansion. A corporation doesn't
have to pay dividends.


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MORE ON DIVIDENDS
CONTINUED


.Dividendsdo not even have to be paid with
money. The board of directors can elect to
issue stock dividends. When this is done,
the current stockholders would receive more
shares of the corporation's stock rather than
cash.


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CAPITAL GAINS AND LOSSES


.When investors
sell stocks for
more than they
paid, the profit
made from the
sale is the
investor's
capital gain.


.When a stock
sells for less
than the
investor paid for
it, the investor
suffers a capital
loss.


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EQUITY AND RISK CAPITAL


.The money an investor uses to buy
stocks is called equity capital. Because
you can make or lose money through
investments, you must determine the
amount of money that you can afford to
lose without harming your standard of
living. The amount of money an investor
can afford to lose is called risk capital,
and that is the amount that should be
invested. Remember, invest only what
you can afford to lose.


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TYPES OF CORPORATIONS


.Corporations may be classified in many ways.
If stock is available for purchase by the
public, it is an open corporation. The
corporation is required by law to disclose its
financial condition.Most large corporations
are open corporations.


.A closed corporationis one whose stock is
not available to outsiders, it does not issue
stock to the public and is not required to
disclose publicly its financial condition.


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AUTHORIZED STOCK


.All corporations must issue stock. The state
issuing the Articles of Incorporation authorizes
the number of shares a corporation can issue.
That number represents all the shares a
corporation can issue without going back to the
state and requesting that the state allow more
shares to be issued.


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ISSUED STOCK


.These are the shares of stock that the
company has sold (issued). The issued shares
represent ownership. Authorized but not
issued are held for future sales to raise funds
(capital) for future growth.


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SO YOU WANT TO GO PUBLIC


.When a company wants to go public, or to be
traded on stock exchanges, it must meet some
strict standards.
.The New York Stock Exchange (you don’t start here)
.A pre-tax income of $2.5 million for the previous
year or $2.0 million a year for two previous years
.Net tangible assets of $18 million
.Two thousand shareholders who each have 100 or
more shares
.At least 1.1 million publicly held shares
.Outstanding shares with a value of $18 million




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THE ANNUAL REPORT


.An annual reportis a financial report
issued to stockholders at the end of
each operating year. An annual report
will present the financial condition of
the corporation, the names of the board
of directors, the location and date of
the next stockholder's annual meeting,
an auditor's report verifying the
authenticity of the financial data, and
the shareholder's letter.


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BALANCE SHEET
AND I
NCOME
STATEMENT


.The balance sheet lists the corporation's
assets and liabilities. (What they own less
what they owe)
.The income statement lists the revenue
(income), expenses, and profit or loss for the
year. (How much money did they make)
.A stockholder can get a good idea of the
financial condition of a corporation from
analyzing the balance sheet and the income
statement. Some corporations will even
include a five-year financial summary.



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STOCK MARKET
TERMINOLOGY


Section II


SECURITIES AND EXCHANGE COMMISSION


.The Securities and Exchange Commission is a
watchdog agency. It helps to protect the
investor by enforcing federal laws pertaining
to the stock market. The SEC monitors
securities, stock exchanges, corporate
reporting, investment firms, stockbrokers,
and public utility holding companies.


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STAGES OF A STOCK’S LIFE


.Authorized sharesare the shares a
corporation is allowed to issue.
.Issued sharesare the shares actually
issued and sold to investors.
.Shares repurchased by a corporation
are
called treasury shares, or treasury stock.
.Shares purchased by stockholders are
called outstanding shares, shares standing
out in the hands of the public.


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MARKET VALUE VS. BOOK VALUE


.The market valueof a stock is the price
people are willing to pay for the stock at
present. The market value is determined by
the demand for the corporation's stock.
.The book valueof a corporation is equal to
its total assets minus its total liabilities.
(Balance Sheet)


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PRIMARY VS. SECONDARY MARKETS


.When stock is issued to the public
for the first time by a corporation,
it is called a primary distribution.
(IPO) The company is purchased
by an investment bank and they
sell shares to investors.
.After the primary distribution of
stock, all subsequent sales of the
stock take place in secondary
markets (for example, the New
York Stock Exchange or the Over-
the-Counter Market).


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STOCKHOLDERS


.People who buy stocks are stockholders.
When either preferred or common stocks are
purchased, the stockholder receives a stock
certificate.


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BUYING AND
SELLING STOCKS


Section III


STOCK EXCHANGES


.A security exchange, commonly called
a stock exchange, is a nonprofit
organization that provides facilities
for its members to buy and sell
securities.
.The members of a stock exchange are
brokers who buy memberships (called
seats) so that they may use the
exchange. Only members can trade on
the floor of the exchange.


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STOCK EXCHANGES
CONTINUED


.The nation's largest stock exchange is the
New York Stock Exchange (NYSE) located
in New York City. The American Stock
Exchange (AMEX), also located in New
York City, is the nation's second largest
exchange. There are also smaller regional
exchanges, such as the Pacific, Midwest,
Cincinnati, Philadelphia, and Boston
exchanges.
.In addition to exchanges based in the
United States, there are also various
international exchanges, such as those
located in Tokyo, London, Frankfurt,
Zurich, Paris, Milan, Amsterdam,
Stockholm, Brussels, Sydney, Hong Kong,
Singapore, and Toronto.


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STOCK EXCHANGES


.A stock exchange is very similar to
a large swap meet or flea market.
According to legend, it originated
in 1792 when businessmen met
under a buttonwood tree on Wall
Street and signed an agreement
that they would trade stocks. A
company's name was called out and
bids on that company's stock were
exchanged. Eventually the
exchange moved indoors and
became known as the New York
Stock Exchange (also referred to as
the Big Board).


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STOCKBROKERS


.An investor who wishes to buy
stock will most likely place an
order with a stockbroker. A
stockbroker is an agent licensed
by the SEC to buy and sell
securities for clients.
.A stockbroker who works for a
full-service brokerage firm
provides research information,
suggests investment strategies,
and offers advice on market
conditions.


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STOCKBROKERS
CONTINUED


.A stockbroker who passes a very
comprehensive
securities test known as the
"Series 7 Exam" is called a registered
representative.
.A stockbroker receives a commission based
on the total dollar volume of each order. The
commission rate varies with each brokerage
firm.


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DISCOUNT BROKERS


.Discount brokerage firms are an
alternative to paying the full
price commissions
that full-
service brokerage firms charge
investors.
.Discount brokerage firms often
offer no advice or consultation
about investing; they simply
execute a client's orders.


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STOCK ORDERS


Three of the common types
of stock orders are market
orders (spot orders), limit
orders, and stop loss
orders.

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MARKET ORDERS


.A market order is an order to
buy or sell a stock at the best
price possible.
.The broker will execute the
investor's instructions at
whatever price the trade
demands on that day.
.Most orders are market
orders and are carried
out the same day.


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LIMIT ORDER


.A limit order is an order to a
broker to buy or sell shares
at a specific price no
greater than a specific
amount.
.A limit order is not executed
unless the stock market
price reaches the limit the
investor has set.


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STOP LOSS ORDER


.A stop loss order is an
order to a broker to
sell a stock if the
price drops to a
predetermined level.
This limits the
investor's losses or
guarantees a certain
profit.


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TIME IS EVERYTHING


.When an order is placed with a
stockbroker, the investor also
must tell the stockbroker how
long that order should stand.
.A day order tells the stockbroker
to fill the order that day. At the
end of the day, the order is
cancelled.
.A good 'til cancelled (GTC) order
stands until it is filled or until
the investor cancels it.


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ROUND LOTS & ODD
LOTS


.Stock orders are generally
placed in increments
called round lots. A round
lot is a multiple of 100
(100, 200, 300, 400, etc.)
shares.
.An odd lot is a number of
shares that is not a
multiple of 100, such as 50
shares or 322 shares.


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INDICATORS FOR
INVESTORS


Section IV


NYSE INDICATOR


.The Dow Jones Industrial
Average (DJIA), often called
the Dow, is an index of 30
major corporate stocks listed
on the New York Stock
Exchange.


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ANOTHER STOCK MARKET
INDICATOR


.Another major index is
the Standard and Poor's
500 Stock Index. This
index of 500 key stocks
also deals with
corporations listed on
other exchanges and is a
much broader based
index than the Dow Jones
Industrial Average.


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COMPANY RISKS?


.A company risk is a risk that affects
the stock prices of one company or
industry. Demand for a product is a
company risk. If a company's
product or service is in high
demand, the price of its stocks will
generally rise. If a company's
product or service is not in demand,
the price of its stocks will generally
fall.


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SECTION IV
LETS PLAY THE GAME


.Rules
.$50,000.00 to invest
.5 Stock max in a portfolio
.3 trades per week (5 first week to load)
.Stocks must sell for $5.00 or more
.Stocks must be bought in 25 share increments
.$10.00 brokerage fee per trade
.No mathematical mistakes ( if you exceed your
$50,000 limit, your purchase will be canceled
and it will cost you $100.00)




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WHY PLAY THE GAME?


.The group that accumulates the
most profits will get a 10 point
boost to the last nine week’s
grade.
.Second Place will get 5 points to
the last nine weeks.
.Last place gets a deduction of 5
points


(just kidding)

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WHERE DO WE START


.First we go to YAHOO finance and type in a
company name to get its trading symbol.
Everything about the stock comes from this
symbol.


http://finance.yahoo.com/

.Coca-Cola Company (The) Common
.(NYSE: KO)
.The trading symbol for Coke is “KO”



Last Trade:51.78

Trade Time:

12:08PM EDT

Change:

0.22(0.43%)

PrevClose:

51.56

Open:

51.56

Bid:

51.77 x 700

Ask:

51.78 x 400

1y Target Est:

61.80



Common (NYSE: KO)





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Up
Up

Day's Range:

51.40 -51.79

52wk Range:

47.18 -59.45

Volume:

2,448,328

AvgVol(3m):

11,522,600

Market Cap:

119.46B

P/E (ttm):

17.02

EPS (ttm):

3.04

Div & Yield:

1.76 (3.40%



Common (NYSE: KO)


Chart forThe Coca-Cola Company (KO)
6 Month Chart


Chart forThe Coca-Cola Company (KO)
5 Year Chart


Chart forThe Coca-Cola Company (KO)
1 Year ChartCoke to McDonalds
LETS REVIEW


.Where is KO’s stock price in comparison to its 52
week high and low?
.Last Trade: 51.78
.52wk Range:47.18 -59.45






A LITTLE BELOW HALF WAY

.What is the P/E Ratio –this is the current price
divided by its earnings. You should have a P/E
Ratio under 20 if the n/a appears this stock lost
money last quarter.
.EPS:3.04
.P/E: 17.02






THE P/E IS UNDER 20


WHAT’S NEXT?


.Lets look at the analysis’ estimates of where
it should be trading. 1y Target Est:61.80


THE CURRENT STOCK PRICE IS BELOW THE ESTIMATE

.What about the 6 month chart?


Chart forThe Coca-Cola Company (KO)
THE TREND IS TOO CHOPPY TO ESTIMATE A BOUNCE


WOULD YOU BUY THIS STOCK?


.All things point to an increase in Coke Stock
except the 6 month chart. All things
considered this stock should looked at.


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Central Bank of India

Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India. It is based in Mumbai which is the financial capital of india and capital city of state of Maharashtra.[1] The bank has 4600 branches and 4 extension counters across 27 Indian states and three Union Territories. At present, Central Bank of India has overseas office at Nairobi, Hong Kong and a joint venture with Bank of India, Bank of Baroda, and the Zambian government. The Zambian government holds 40 per cent stake and each of the banks has 20 per cent. Recently it has also opened a representative office at Nairobi in Kenya.
Central bank of India is one of 18 Public Sector banks in India to get recapitalisation [2] finance from the government over the next 24 months.
Central Bank of India has approached the Reserve Bank of India (RBI) for permission to open representative offices in five more locations - Singapore, Dubai, Doha and London.[3]
As on 31 March 2011, the bank's reserves and surplus stood at ₹ 68688 million. Its total business at the end of the last fiscal amounted to ₹ 2,22,124(approx) million.

Contents

History

It was established on 21 December 1911 by Sir Sorabji Pochkhanawala with Sir Pherozeshah Mehta as Chairman,[4] and claims to have been the first commercial Indian bank completely owned and managed by Indians.
By 1918 it had established a branch in Hyderabad. A branch in nearby Secunderabad followed in 1925.
In 1923, it acquired the Tata Industrial Bank in the wake of the failure of the Alliance Bank of Simla. The Tata bank, established in 1917, had opened a branch in Madras in 1920 that became the Central Bank of India, Madras.
Central Bank of India was instrumental in the creation of the first Indian exchange bank, the Central Exchange Bank of India, which opened in London in 1936. However, Barclays Bank acquired Central Exchange Bank of India in 1938.[5]
Also before World War II, Central Bank of India established a branch in Rangoon. The branch's operations concentrated on business between Burma and India, and especially money transmission via telegraphic transfer. Profits derived primarily from foreign exchange and margins. The bank also lent against land, produce, and other assets, mostly to Indian businesses.[6]

Post-World War II

In 1963, the revolutionary government in Burma nationalized Central Bank of India's operations there, which became People's Bank No. 1.[7]
In 1969, the Indian Government nationalized the bank on 19 July, together with 13 others.
In the 1980s the managers of the London branches of Central Bank of India, Punjab National Bank, and Union Bank of India were caught up in a fraud in which they made dubious loans to the Bangladeshi jute trader Rajender Singh Sethia. The regulatory authorities in England and India forced all three Indian banks to close their London branches.
Central Bank of India was one of the first banks in India to issue credit cards in the year 1980 in collaboration with MasterCard. Central Bank of India announces that the financial results for the year ended 2013-Total Business Rs. 402000 Cr. Net Profit-Rs. 1015 Cr. On 1 August 2013, Central Bank of India appoints new CMD Rajiv Rishi, who was previously ED of Indian Bank and General Manager of OBC and Raj Kumar Goyal as the new ED of the bank. On 1 November of the same year, the bank open its second representative office in Hong Kong.

See also

Citations and references

Citations

  • Central Bank of India. Central Bank of India (19 April 2011). Retrieved on 31 march 2014.

  • "18 govt banks to be recapitalised". Business-standard.com. 18 February 2009. Retrieved 2 August 2010.

  • "Central Bank of India to expand overseas". Rediff.com. Retrieved 2 August 2010.

  • "Central Bank IPO to open on 24 July". The Hindu (Chennai, Tamil Nadu India). 14 July 2007. Retrieved 5 July 2008.

  • Raychaudhuri et al., eds. (1983), Vol. 2, p.782.

  • Turnell (2009), pp.116-7.

    1. Turnell (2009), p.226.
    References
    • Raychaudhuri, Tappan, Irfan Habib, & Dharma Kumar, eds. (1983) The Cambridge Economic History of India: Volume 2, c.1751-c.1970. (CUP Archive). ISBN 9780521228022
    • Turnell, Sean (2009) Fiery Dragons: Banks, Moneylenders and Microfinnance in Burma. (NAIS Press). ISBN 9788776940409

    External links

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    ABOUT NTPC

    1. NTPC Limited

      From Wikipedia, the free encyclopedia
      National Thermal Power Corporation Limited
      राष्ट्रीय ताप विद्युत निगम लिमिटेड
      Government-owned corporation
      Public company
      Traded as BSE: 532555
      NSE: NTPC
      BSE SENSEX Constituent
      CNX Nifty Constituent
      Industry Electric Utility
      Founded 1975
      Headquarters New Delhi, India
      Key people
      		 Arup Roy Choudhury
      (Chairman & MD)[1]
      Products electrical power
      natural gas
      Services Electricity generation and distribution
      natural gas exploration, production, transportation and distribution
      Revenue Increase INR 73904 Crores (US$ 12.34 billion) (2013-14)[2]
      Increase INR 13834 Crores (US$ 2.31 billion) (2013-14)[2]
      Number of employees
      		 24,546 (April 2015)[3]
      Website www.ntpc.co.in
      NTPC Limited (also known as National Thermal Power Corporation Limited) is an Indian Central Public Sector Undertaking (CPSU) under the Ministry of Power, Government of India, engaged in the business of generation of electricity and allied activities. It is a company incorporated under the Companies Act 1956 and a "Government Company" within the meaning of the act. The headquarters of the company is situated at New Delhi. NTPC's core business is generation and sale of electricity to state-owned power distribution companies and State Electricity Boards in India. The company also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management and operation and management of power plants. The company has also ventured into oil and gas exploration and coal mining activities. It is the largest power company in India with an electric power generating capacity of 43,803 MW .[4] Although the company has approx. 18% of the total national capacity it contributes to over 27% of total power generation due to its focus on operating its power plants at higher efficiency levels (approx. 83% against the national PLF rate of 78%).[4]
      It was founded by Government of India in 1975, which now holds 70% of its equity shares on 13 May 2015[5] (after divestment of its stake in 2004, 2010, 2013, and 2015).
      In May 2010, NTPC was conferred Maharatna status by the Union Government of India.[6] It is ranked 424th in in the Forbes Global 2000 for 2014.[2]

      Contents

      History

      1975 to 1994

      The company was founded in November 1975 as "National Thermal Power Corporation Private Limited". It started work on its first thermal power project in 1976 at Singrauli in Uttar Pradesh.[7] In the same year, its name was changed to "National Thermal Power Corporation Limited". In 1983, NTPC began commercial operations (of selling power) and earned profits of INR 4.5 crores in FY 1982-83. By the end of 1985, it had achieved power generation capacity of 2000 MW.
      In 1986, it completed synchronisation of its first 500 MW unit at Singrauli. In 1988, it commissioned two 500 MW units, one each in Rihand and Ramagundam. In 1989, it started a consultancy division. In 1992, it acquired Feroze Gandhi Unchahar Thermal Power Station (with 2 units of 210MW capacity each) from Uttar Pradesh Rajya Vidyut Utpadan Nigam of Uttar Pradesh.[8] By the end of 1994, its installed capacity crossed 15,000 MW.

      1995 to 2004

      In 1995, it took over the Talchar Thermal Power Station from Orissa State Electricity Board.[7] In the year 1997, Government of India conferred it with "Navratna" status. In the same year it achieved a milestone of generation of 100 billion units of electricity in a year.[7] In 1998, it commissioned its first naptha-based plant at Kayamkulam with a capacity of 350 MW. In 1999, its plant in Dadri, which had the highest plant load factor (PLF) in India of 96%, was certified with ISO-14001. During 2000, it commenced construction of its first hydro-electric power project, with 800 MW capacity, in Himachal Pradesh.[7]
      In 2002, it incorporated 3 subsidiary companies: "NTPC Electric Supply Company Limited" for forward integration by entering into the business of distribution and trading of power; "NTPC Vidyut Vyapar Nigam Limited" for meeting the expected rise in energy trading; "NTPC Hydro Limited" to carry out the business of implementing and operating small and medium hydro-power projects.[9] In the same year its installed capacity crossed 20,000 MW.[7]
      Listing:NTPC got listed on BSE and NSE on 5 November 2004. Against the issue price of INR 62 per share, it closed the first day of listing with INR 75.55 per share.[10] On the day of listing, it become the third largest company in India in terms of market capitalisation.[11] NTPC

      2005 to present

      In October 2005, the company's name was changed from "National Thermal Power Corporation Limited" to "NTPC Limited".[7] The primary reason for this change was the company's foray into hydro and nuclear based power generation along with backward integration by coal mining. In 2006, it entered into an agreement with Government of Sri Lanka to set up two units of 250 MW each in Trincomalee in Sri Lanka.[7] During 2008 and 2011, NTPC entered into Joint Ventures with BHEL, Bharat Forge, NHPC, Coal India, SAIL, NMDC and NPCIL to expand its business of power generation.[7][8] By the end of 2010, its installed capacity crossed 31,000 MW.[7]
      The company in 2009 joined forces with other state enterprises Rashtriya Ispat Nigam, Steel Authority of India, Coal India, National Minerals Development Corporation and National Thermal Power Corporation to invest in coal mining operations through a joint venture vehicle named International Coal Ventures Private Limited (ICVL). In July 2014 ICVL acquired a 65 percent stake in the Benga coal mine in Mozambique from the Rio Tinto Group[12]

      Operations

      NTPC operates from 55 locations in India, one location in Sri Lanka and 2 locations in Bangladesh.
      Headquarters: In India, it has 8 headquarters (HQ):
      Sr. No. Headquarters City
      1 NCRHQ Delhi
      2 ER-I HQ Patna
      3 ER-II HQ Bhubaneshwar
      4 NRHQ Lucknow
      5 SR HQ Secunderabad
      6 WR-I HQ Mumbai
      7 WR-II HQ Raipur
      8 Hydro HQ Delhi
      Scheduling and generation dispatch: The Scheduling and Dispatch of all the generating stations owned by National Thermal Power Corporation is done by respective Regional Load Dispatch Centres which are the apex body to ensure integrated operation of the power system grid in the respective region. All these Load Dispatch Centres come under Power System Operation Corporation Limited (POSOCO).

      NTPC Plants and their capacity

      The total installed capacity of the company is 43,803 MW (including JVs) with 17 coal-based and seven gas-based stations, located across the country. In addition under JVs (joint ventures), six stations are coal-based, and another station uses naphtha/LNG as fuel.

      Coal based Thermal Power Plants

      Sr. No. Project State Capacity MW Units Status
      1 Singrauli Super Thermal Power Station Uttar Pradesh 2,000 5x200 MW, 2x500 MW All units functional
      2 NTPC Korba Chhattisgarh 2,600 3x200 MW, 4x500 MW All units functional
      3 NTPC Ramagundam Telangana 2,600 3x200 MW, 4x500 MW All units functional
      4 Farakka Super Thermal Power Station West Bengal 2,100 3x200 MW, 3x500 MW All units functional
      5 Vindhyachal Super Thermal Power Station Madhya Pradesh 4,760 6x210 MW, 7x500 MW 6x210 MW, 6x500 MW Units functional,1×500 Under Construction
      6 Rihand Thermal Power Station Uttar Pradesh 3,000 6x500 MW All units functional
      7 Kahalgaon Super Thermal Power Station Bihar 2,340 4x210 MW, 3x500 MW All units functional
      8 NTPC Dadri Uttar Pradesh 1,820 4x210 MW, 2x490 MW All units functional
      9 Talcher Super Thermal Power Station Odisha 3,000 6x500 MW All units functional
      10 Feroze Gandhi Unchahar Thermal Power Station Uttar Pradesh 1,550 5x210 MW 1×500 MW 5x210 Units functional,1×500 MW Unit Under Construction
      11 Talcher Thermal Power Station Odisha 460 4x60 MW, 2x110 MW All units functional
      12 Simhadri Super Thermal Power Station Andhra Pradesh 2,000 4x500 MW All units functional
      13 Tanda Thermal Power Station Uttar Pradesh 1,760 4x110 MW 2×660 MW 4x110 MW Units functional,2×660 MW Unit Under Construction
      14 Badarpur Thermal Power Station Delhi 705 3x95 MW, 2x210 MW All units functional
      15 Sipat Thermal Power Station Chhattisgarh 2,980 2x500 MW, 3x660 MW All units functional
      16 Mauda Super Thermal Power Station Maharashtra 2,320 2x500MW,2x660MW Two units functional [13]
      17 Barh Super Thermal Power Station Bihar 3,300 3×660 MW 2x660 MW (2x660 MW) Functional, Three more units of 660 MW under construction [14][15]
      18 Kudgi Super Thermal Power Station Karnataka 2,400 3x800 MW Under construction. One unit is expected to be commissioned by 2015 December.[16]
      19 NTPC Bongaigaon Assam 750 3x250 MW Under construction. One unit is expected to be commissioned in 2014.[17]
      20 LARA Super Thermal Power Station Chhattisgarh 4,000 2x800 MW, 3x800 MW Under construction. One unit is expected to be commissioned by 2015 December. [18]
      21 Solapur Super Thermal Power Station Maharashtra 1,320 2x660 MW Under construction.
      22 Gadarwara Super Thermal Power Station Madhya Pradesh 3,200 2×800MW,2×800 MW Under Construction
      23 North Karanpura Thermal Power Station Jharkhand 1,980 3×660 MW Under Construction
      24 Darlipali Super Thermal Power Station Odisha 1,600 2×800 MW Under Construction
      25 Khargone Super Thermal Power Station Madhya Pradesh 1,360 2×660 MW Under construction[19]

      Coal Based (Owned through JVs)

      Sr. No. Name of the JV Location State Inst.Capacity in Megawatt
      1 NSPCL. Joint venture with SAIL. Durgapur West Bengal 120
      2 NSPCL. Joint venture with SAIL. Rourkela Orissa 120
      3 NSPCL. Joint venture with SAIL. Bhilai Chhattisgarh 574
      4 NPGC. Joint venture with Bihar State Electricity Board. Aurangabad Bihar 1980
      5 Muzaffarpur Thermal Power Station (MTPS). Joint venture with Bihar State Electricity Board. Kanti Bihar 490
      6 BRBCL Joint venture with Indian Railways. Nabinagar Bihar 1000
      7 Aravali Power CPL JV with HPGCL & IPGCL Jhajjar Haryana 1500
      8 NTECL JV with NTPC & TNEB Chennai Tamil Nadu 1500
      9 Meja Thermal Power Station JV with NTPC & UPRVUNL Allahabad Uttar Pradesh 1320

      		Total

      		8604

      Gas based Thermal Power Plants

      Sr.No. Power Project State Capacity MW
      1 Anta Rajasthan 419.33
      2 Auraiya Uttar Pradesh 663.36
      3 Kawas Gujrat 656.20
      4 Dadri Uttar Pradesh 829.78
      5 Jhanor-Gandhar Gujrat 657.39
      6 Kayamkulam Kerala 359.58
      7 Faridabad Hariyana 431.59

      		Total
      		4,017.23

      Gas Based (Owned through JVs)

      1. Ratnagiri Gas and Power Private Limited (RGPPL) is joint venture project with GAIL in Indian state of Maharastra. It's installed capacity is 1967.08 MW

      Hydro-Electric Power Plants

      The company has also stepped up its hydroelectric power (hydel) projects implementation. Some of these projects are:
      1. Loharinag Pala Hydro Power Project by NTPC Ltd: Loharinag Pala Hydro Power Project (600 MW i.e.150 MW x 4 Units) is located on river Bhagirathi (a tributary of the Ganges) in Uttarkashi district of Uttarakhand state. This is the first project downstream from the origin of the Ganges at Gangotri. Project was at advance stage of construction when it was discontinued by Government of India in August 2010.
      2. Tapovan Vishnugad 520MW Hydro Power Project by NTPC Ltd: In Joshimath town. The project is under construction.
      3. Lata Tapovan 130MW Hydro Power Project by NTPC Ltd: is further upstream to Joshimath. This project is under environmental revision.
      4. Koldam Dam Hydro Power Project 800 MW in Himachal Pradesh (130 km from Chandigarh )This project is under advanced stage of construction.
      5. Rupasiyabagar Khasiabara HPP, 261 MW in Pithoragarh, Uttarakhand State, near China Border. This project is yet to be given investment approval.
      6. Singrauli CW Discharge (Small Hydro) 8 MW is under construction on discharge canal of Rihand Thermal Power Station in Uttar Pradesh.[20]
      7. Rammam Hydro 120 MW run of the river is under construction project on Rammam river at approx 150 km from Bagdogra / Siliguri in Distt. Darjeeling in West Bengal.The Darjeeling town is 50 km form the project.[21]

      Solar Photovoltaic Power Plants

      Sr.No. Project State/UT Capacity
      1 Dadri Solar PV Uttar Pradesh 05 MW
      2 Portblair Solar PV Andaman & Nicobar Island 05 MW
      3 Ramagundam Solar PV Telangana 10 MW
      4 Talcher Kaniha Solar PV Odisha 10 MW
      5 Faridabad Solar PV Hariyana 05 MW
      6 Unchahar Solar PV Uttar Pradesh 10 MW
      7 Rajgarh Solar PV Madhya Pradesh 50 MW
      8 Singrauli Solar PV Uttar Pradesh 15 MW
      9 Anantpur Solar PV Andhra Pradesh 250 MW

      		Total
      		360 MW

      Future Goals

      NTPC Limited is on an expansion spree to meet the power requirements of the country – it has targeted to add 14,058 MW in 12th Plan (From FY13 to FY 17) of which it had already added 4,170 MW in the year 2012-13 and 1,780 MW from April to 26 March 2014. Dr. Arup Roy Choudhury, Chairman and Managing Director, NTPC, said that capacity addition through greenfield projects, expansion of existing stations, joint ventures and takeover of SEB stations were on the cards.
      NTPC also plans to go global. The public sector company has signed a memorandum of agreement with the Government of Sri Lanka and Ceylon Electricity Board for setting up a 500 MW (2x250) coal-based thermal power plant in the island nation. An MoU has also been signed with Kyushu Electric Power Co. Inc., Japan, for establishing an alliance for exchange of information and experts from different areas of the business. The company is also in the process of finalising an MoU with Nigeria for setting up power plants against allocation of LNG on long-term basis for NTPC plants in India. NTPC also developing a joint-venture coal-based power plant 1,320 MW (2x660) with Bangladesh Power Development Board known as Bangladesh India Friendship Power Company in Bangladesh.
      NTPC has also been allotted coal blocks namely, Pakri Barwadih, Chatti Bariatu and Kerandari in Jharkhand, Talipalli, Chattisgarh and Dulanga, Odisha. Besides these recently Ministry of Coal has vide its press release dated 3 July 2013 has allotted 4 more blocks namely, Banai and Bhalmuda in Chattisgarh, Chandrabila and Kudanli Laburi in Odisha. All these mines are having estimated Geological Reserves of 5.7 Billion Tonnes. The Company has also incurred a cumulative expenditure of INR 18,360 million on these mines till December 2013. As per the MOU dated 22 February 2014, signed between NTPC, BSPGCL (Bihar State Power Holding Company Limited) and LBCPL (Lakhisarai Bijlee Company Private Limited) NTPC will develop a 1,320 MW (2x660) Thermal Power Project at Kajra Lakhisarai, Bihar.[22]

      Listings and shareholding

      The equity shares of NTPC are listed on the Bombay Stock Exchange,[23] where it is a constituent of the BSE SENSEX index,[24] and the National Stock Exchange of India,[25] where it is a constituent of the S&P CNX Nifty.[26]
      As of 13, May 2015, Government of India held around 70% equity shares in NTPC. Over 740,000 individual shareholders hold approx. 1.93% of its shares.[27] Life Insurance Corporation of India is the largest non-promoter shareholder in the company with 7.66% shareholding.[28]
      Shareholders Shareholding[27]
      Promoters: Government of India 70.00%
      Foreign Institutional Investors 10.24%
      Financial Institutions/Banks 08.58%
      Individual shareholders 06.93%
      Mutual Funds/UTI 01.33%
      Others 02.92%
      Total 100.0%

      Employees

      As on 29 April 2015, the company had 24,546 employees.[3] The attrition rate for the FY 2012-13, including the trainee employees and employees working for subsidiaries and JVs, was 1.46%.[4] As per the Employee Cost summary provided by the company in its Annual Report for FY 2012-13, it had approx. 23,938 employees during the year to whom it paid an annual remuneration of approx. INR 15,77,000 per employee and spent approx. INR 284,000 per year per employee on other employee related costs like subsidised transport, canteen, medical facilities, school facilities, township and welfare expenses.[4]

      Awards and recognitions

      • NTPC was ranked 62nd among the 250 largest Power Producers and Energy Traders in the world by Platts in 2012.[29]
      • In 2009, it received ICSI National Award for Excellence in Corporate Governance.[30]

      Criticism

      Land acquisition in tribal areas: The company (and other PSUs in India) has been allotted land for setting up power plants and related infrastructure in rural/tribal areas across the country by Central Government and various state governments. Some of these lands have been allotted to NTPC (and other PSUs in India) through Land Acquisition Acts passed by Central/State Governments. Wherever a land acquisition law is enacted, it also places a liability on the PSUs/governments to take actions for proper rehabilitation of displaced residents of that rural/tribal area. Governments/PSUs are criticised if they do not fulfill their liability towards displaced residents. In many areas where land acquisition is proposed through land acquisition laws, local residents oppose the forcible acquisition as they are not sure of proper rehabilitation. In one such incident in Keredari block of Jharkhand's Hazaribagh district, the local residents were opposing the land acquisition. NTPC had to take police help for getting the land acquired for local residents.[31][32] Two villagers agitating against land acquisition were shot dead by police in July 2013.[33][34][35] This incident led to severe criticism of PSUs and Governments for not understanding the needs of residents and not taking their prior consent before acquiring the lands.[36]

      See also

      Portal icon Companies portal
      Portal icon Energy portal

      References


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    4. "NTPC Limited". www.forbes.com. Forbes. May 2014. Retrieved 17 February 2015.

    6. http://www.ntpc.co.in/en/about-us/human-resources. Missing or empty |title= (help)

    8. http://www.ntpc.co.in/en/about-us. Missing or empty |title= (help)

    10. <http://economictimes.indiatimes.com/markets/stocks/news/cabinet-committee-on-economic-affairs-approves-10-stake-sale-in-indian-oil-corp-5-in-ntpc/articleshow/47275404.cms>

    12. "4 PSUs get maharatna status – Indian Express". Retrieved 2012-08-17.

    14. "History of NTPC". NTPC Limited. Retrieved 12 October 2013.

    16. "Company History - NTPC Ltd.". Economic Times. Retrieved 12 October 2013.

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    20. "NTPC does a power listing". Times of India. 5 November 2004. Retrieved 12 October 2013.

    22. "Power major NTPC lists at premium". The Hindu. 6 November 2004. Retrieved 12 October 2013.

    24. "Indian JV to acquire Rio Tinto's Riversdale coal assets in Mozambique". India Gazette. Retrieved 31 July 2014.

    26. http://www.moneycontrol.com/news/announcements/ntpc-commissions-unit-ii500-mwmouda-super-thermal-power-project_844948.html

    28. http://www.telegraphindia.com/1140329/jsp/bihar/story_18130376.jsp#.U0rYVfmSw9o

    30. http://economictimes.indiatimes.com/industry/energy/power/ntpc-commissions-fifth-unit-of-barh-thermal-project-in-bihar/articleshow/46465706.cms

    32. http://www.thehindu.com/news/national/supreme-court-stays-ngt-order-on-bijapur-ntpc-project/article5863157.ece

    34. http://www.telegraphindia.com/1140206/jsp/northeast/story_17902655.jsp#.U0r34PmSw9q

    36. http://www.hindustantimes.com/india-news/pm-dedicates-ntpc-power-plant-in-chhattisgarh/article1-1124296.aspx

    38. http://www.ntpc.co.in/download/khargone-ec31032015

    40. http://cdm.unfccc.int/filestorage/2/i/7DQGOXY6C45FMJ80Z1LKIHWUATVN92.pdf/PDD_NTPC.pdf?t=ZWl8bmo1N2NsfDCbQfX_n1NIEzCJKeCkMmaE

    42. http://www.ntpc.co.in/index.php?option=com_content&view=article&id=341&Itemid=119&lang=en

    44. http://pib.nic.in/newsite/erelease.aspx

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    54. "Shareholding Pattern as on 30 June 2013". MoneyControl.com. Retrieved 12 October 2013.

    56. "Public and holding more than 1% of the Total No.of Shares". MoneyControl.com. Retrieved 12 October 2013.

    58. "Top 250 companies - NTPC Limited". Platts. Retrieved 12 October 2013.

    60. "ICSI National Awards for Excellence in Corporate Governance for 2009". ICSI. 21 December 2009. Retrieved 12 October 2013.

    62. "Jairam: forcible land acquisition by PSUs led to Naxal problem". The Hindu. 9 September 2013. Retrieved 16 October 2013.

    64. "Government forms two member committee to probe Keredari police firing". Times of India. 26 July 2013. Retrieved 16 October 2013.

    66. "Government forms two member committee to probe Keredari police firing". Times of India. 26 July 2013. Retrieved 16 October 2013.

    68. "One Person Killed In Police Firing in a clash amongst villagers followed by charges of snatching of police's weapon who had gone to site and requesting villagers for peace In Hazaribagh.". countercurrents.org. 23 July 2013. Retrieved 16 October 2013.

    70. "Jharkhand: JMACC condemns Keredari Police Firing". indiaresists.com. 23 July 2013. Retrieved 16 October 2013.

      72. "Pro-biz but anti-force, says CM". The Telegraph. 1 August 2013. Retrieved 16 October 2013.
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