Shri Arup Roy Choudhury, Chairman & Managing Director, NTPC Limited and Shri A.K. Singhal, Director (Finance) received the prestigious PSU Excellence Award 2010 at the Summit on India Public Sector Agenda@2015 held in New Delhi today. Shri Vilasrao Deshmukh, Union Minister of Heavy Industries & Public Enterprises presented the award to NTPC in the Best Financial Performance category. PSU Excellence Awards were organized under the aegis of Department of Public Enterprises, Indian Chamber of Commerce and Deloitte.
NTPC is India’s largest power generation company with total installed capacity of over 32000 MW. The company has recently been conferred Maharatna status by the Govt. of India. NTPC posted profit after tax of Rs 8728 crore with net sales of Rs. 46322 crore and total income of Rs. 49246 crore for the year 2009-10. The strong balance-sheet of the company gives it an edge in terms of resourcefulness to pursue both organic and inorganic growth opportunities.
Shri Arup Roy Choudhury, Chairman & Managing Director, NTPC Limited and Shri A.K. Singhal, Director (Finance) receiving the prestigious PSU Excellence Award 2010, presented by Shri Vilasrao Deshmukh, Union Minister of Heavy Industries & Public Enterprises. PSU Excellence Awards were organized under the aegis of Department of Public Enterprises, Indian Chamber of Commerce and Deloitte.