Announcement

In line with the Corporate Disclosure requirements, we wish to inform that:

Ministry of Power, through its Office Order No. 8/18/2017-Th-1 dated 28.03.2018, has assigned the additional charge to the post of Director (Finance), NTPC Limited to Shri Kandikuppa Sreekant, Director (Finance), Power Grid Corporation India Limited for a period of 6 months w.e.f. 19.03.2018 or till the appointment of a regular incumbent or until further orders, whichever is the earliest.

Shri K. Sreekant (DIN: 06615674) (aged 54 years) is CMA and PGDM (Finance) from Management Development Institute, Gurgaon. He is currently whole-time Director (Finance) of Power Grid Corporation India Limited (PGCIL).

He has over 32 years of experience in the power sector involving all facets of Finance & Accounting function and in particular, Long Term Financial Planning, Investment Appraisals, formulation of Capital Budgets, Resource Mobilization from domestic and international markets and Corporate Accounts.

He holds 425 shares in NTPC. He is not having any inter-se relationship with any of the Directors of the Company.

Commissioning of 1st Unit of 800 MW of Lara Super Thermal Power Project (Stage-I: 2x800 MW)

In line with the Corporate Disclosure requirements, we wish to inform that 1st unit of 800 MW of Lara Super Thermal Power Project (Stage-I: 2x800 MW) has been commissioned on 23.03.2018.

With this, the total commissioned capacity of NTPC and NTPC group has become 46100 MW and 52991 MW respectively.

NTPC Strikes Coal at Dulanga Coal Mine

This is to inform that company has begun extraction of coal from its Dulanga coal mine located in the state of Odisha.

In line with the Corporate Disclosure requirements, we wish to inform that 3rd unit of 800 MW of Kudgi Super Thermal Power Station (3 x 800 MW) has been commissioned on 12.03.2018.

With this, the total commissioned capacity of Kudgi Super Thermal Power Station, NTPC and NTPC group has become 2400 MW, 45300 MW and 52191 MW respectively.

In accordance with corporate disclosures required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Issuer has launched an issue of U.S.$ 400,000,000 4.50 per cent notes due 2028 priced on March 12, 2018. The Notes carry a coupon of 4.50 % per annum payable semi-annually. The Notes will mature on March 19, 2028 and principal and interest payments will be made in U.S. Dollars.

The Notes represent direct, unconditional and unsecured obligations of the Issuer and will rank pari passu among themselves and all other unsecured obligations of the Issuer. The Notes will be listed on the Singapore Exchange Securities Trading Limited and India International Exchange IFSC Limited.

The net proceeds from each issue of Notes will be applied by the Issuer to finance capital expenditure of ongoing and/or new power projects, coal mining projects, and renovation and modernisation of power stations of the Issuer in accordance with the Reserve Bank of India’s guidelines in relation to external commercial borrowings. The use of proceeds will be for projects only in India.

This is for the information of your members and all concerned and in compliance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In line with the Corporate Disclosure requirements, we wish to inform that Unit#1 & 2 (2 x 4 MW) of Singrauli Small Hydro Electric Power Project has been declared on commercial operation w.e.f. 00:00 Hrs of 05.03.2018.

With this, total commissioned and commercial capacity of NTPC and NTPC group has become 44500 MW and 51391 MW respectively.

Further to our letter dated 01.12.2017 on the above subject, this is to inform that in terms of the Regulation 7 of SEBI (LODR) Regulations 2015, tripartite agreement between NTPC Limited (the Company), M/s Karvy Computershare Pvt. Limited (the previous RTA) and M/s Alankit Assignments Limited (the New RTA) has been executed on 23.01.2018 and the same has been placed before the meeting of the Board of Directors held today i.e.31.01.2018.

In line with the Corporate Disclosure requirements, we wish to inform that:

• In pursuance of Article 41 of the Articles of Association of NTPC Limited, Ministry of Power vide its Office Order No.8/4/2016-Th.1 dated 30th January 2018 has conveyed the approval of the Competent Authority for appointment of Shri Prasant Kumar Mohapatra, Executive Director, NTPC as Director (Technical) of NTPC Limited for a period of five years with effect from the date of assumption of charge of the post, or till the date of his superannuation or until further orders, whichever is the earliest.

Shri Prasant Kumar Mohapatra has taken over the charge as Director (Technical), NTPC with effect from 31st January 2018.

Shri Prasant Kumar Mohapatra (DIN: 07800722) (aged 58 years) graduated in Mechanical Engineering from REC Rourkela in the year 1980. He joined NTPC in 1980 as an Executive Trainee and has more than 37 years of experience from concept to commissioning of power plants. Sh. Mohapatra started his career with Corporate Engineering Department and later moved to Talcher Super Thermal Plant where he served in Mechanical Erection and Turbine Maintenance. As Head of Maintenance and later on as head of O&M, he spearheaded several critical R&M activities at Talcher Thermal Power Plant. As head of O&M at Vindhyachal (3260MW), he was responsible for commissioning of new units as well as R&M of 200MW units.

Sh. Mohapatra served as Business Unit Head at Kawas Gas Project, Sipat, Kahalgaon and Ramagundam. It was under his leadership that the first three 660MW super-critical units of NTPC were commissioned and declared commercial within a short span of 10 months. He had also headed Western Region –II of NTPC where he handled large portfolio of coal based and solar based plants both under construction and operation stages. Prior to joining the NTPC board, he worked as ED (Technical) at the Corporate Centre.

As Director (Technical), Shri Mohapatra shall be responsible for investment approval of projects, complete engineering during the development of the project, engineering support during O&M phase of the station and engineering for R&M of NTPC’s aged power stations for enhancing life and efficiency of power plant, for the entire portfolio of NTPC i.e Thermal, Hydro, Renewable. He shall also be responsible for R & D activities through NETRA (NTPC Energy Technology and Research Alliance), information technology function and Enterprise Resource Planning.

Shri Mohapatra is also Part-Time Director on the Board of Madhya Pradesh Power Generating Company Limited and Patratu Vidyut Utpadan Nigam Limited

Shri Prasant Kumar Mohapatra holds 5812 shares of NTPC. He is not having any inter-se relationship with any of the Directors of the Company.

• In pursuance of Article 41 of the Articles of Association of NTPC Limited, Ministry of Power vide its Office Order No.8/5/2017-Th.1 dated 30th January 2018 has conveyed the approval of the Competent Authority for appointment of Shri Prakash Tiwari, Executive Director, NTPC as Director (Operations) of NTPC Limited for a period of five years with effect from the date of assumption of charge of the post, or till the date of his superannuation or until further orders, whichever is the earliest.

Shri Prakash Tiwari has taken over the charge as Director (Operations), NTPC with effect from 31st January 2018.

Shri Prakash Tiwari, (DIN: 08003157) (aged about 58 years), Director (Operations) NTPC, is a Mechanical Engineering Graduate from NIT Raipur. He joined NTPC as 6th batch Executive Trainee in 1981. He has an illustrious career spanning over 37 years of outstanding contribution in management of large size plants in the area of power plant operation & maintenance and in project construction as a Professional Manager, Strategic Planner and a Business Leader. He has led several initiatives for achieving operational excellence of Plants.

Shri Tiwari’s experience in power sector includes more than 7 years at senior management level as a “Business Unit Head” of NTPC Stations i.e Unchahar, Korba and Solapur. Prior to elevation to the post of Director (Operations), he was working as ED (Operations) & was looking after all activities related to operation of NTPC power plants.

Shri Tiwari is also Part-Time Director on the Board of NTPC Tamil Nadu Energy Company Ltd. (NTECL) and Kanti Bijlee Utpadan Nigam Ltd. (KBUNL).

As Director (Operations), NTPC, he shall be responsible for overall planning for smooth & safe operation of all NTPC power generating stations of more than 51000 MW capacity and also for fuel security & environment compliance of all Power Plants.

Shri Tiwari does not hold any share in NTPC and is not having any inter-se relationship with any of the Directors of the Company.

NTPC Ltd. will hold a conference call for analysts and investors at 4.30 PM India time on January 31, 2018, where Senior Management team of NTPC comprising of Mr. S. Roy, Director (Human Resources & Finance), Mr. A.K. Gupta, Director (Commercial & Operations), Mr. S. K. Roy, Director (Projects) and Mr. Sudhir Arya, Chief Financial Officer & Executive Director will discuss the Company’s results for 3rd quarter of financial year 2017-18 and answer questions from participants.

To participate in the conference call, please dial the numbers provided below five to ten minutes ahead of the scheduled start time. The operator will provide instructions on asking questions before the call.

A transcript of the conference call will be available on Company’s website post the conference call.

For any further enquiries regarding the conference call the following person may be contacted:

Rahul Modi
ICICI Securities Ltd. 
Tel. No.: +91 22 6637 7373
(Rahul.modi@icicisecurities.com)


Regards
Aditya Dar
General Manager(Finance)
Investor Services Department
Tel  No. 011 2436 7072
Fax No. 011 2436 0849
Email:  adityadar@ntpc.co.in
 

In terms of Regulation 13 Sub-regulation (3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the status of investors complaints for the quarter ending on 31.12.2017, is as under:

In pursuance of Article 41 of the Articles of Association of NTPC Limited, Ministry of Power vide its Office Order No.8/7/2016-Th.I dated 18th January 2018 has conveyed the approval of the Competent Authority for appointment of Shri Susanta Kumar Roy, Executive Director, NTPC as Director (Projects) of NTPC Limited for a period of five years with effect from the date of assumption of charge of the post, or till the date of his superannuation or until further orders, whichever is the earliest.

Shri Susanta Kumar Roy has taken over the charge as Director (Projects), NTPC with effect from 19th January 2018.

Shri Susanta Kumar Roy (DIN: 07940997) (aged 58 years) is a Mechanical Engineering Graduate from REC, Durgapur. He joined NTPC in 1981 as Executive Trainee. He is having more than 36 years of experience in large size coal power Stations in the area of operation, maintenance and project construction. He was associated in managing largest station of the country at Vindhyachal. He has worked at Korba, Unchahar, Singrauli, Rihand and Vindhyachal stations.

Shri Roy’s experience in power sector include 10 years of senior management level as O&M Head and Business Unit Head of NTPC’s largest stations at Korba and Vindhyachal.

He has also worked as Executive Director (Operation Services) at Corporate Centre and was responsible for operation and maintenance of entire operating capacity of NTPC (51000+MW) including thermal, hydro and renewable to meet almost 20% generating capacity of the country.

As Director (Projects), he shall be responsible for planning and implementation of pre-award and post-award activities related to Thermal, Hydro and international JVs, analyzing and identifying bottlenecks and critical issues and suggesting corrective actions for their timely resolution.

Shri Susanta Kumar Roy holds 4715 shares of NTPC. He is not having any inter-se relationship with any of the Directors of the Company.

In line with the Corporate Disclosure requirements, we wish to inform that Unit#2 of 800 MW of Kudgi Super Thermal Project, Stage-I (3 X 800 MW) will be declared on commercial operation w.e.f 00:00 Hrs of 31.12.2017.

With this, the commercial capacity of Kudgi Super Thermal Power Project, NTPC and NTPC group would become 1600 MW, 44492 MW and 51383 MW respectively.

This is with reference to our disclosure dated 03.05.2016 regarding addition of 325 MW capacity of Patratu Thermal Power Station of PVUNL to NTPC’s Group Capacity.

Based on the decision of the Board of Directors of PVUNL, Central Electricity Authority has deleted capacity of PVUNL units from the database of All India Installed Capacity.

Accordingly, NTPC Group’s installed Capacity is revised from 51708 MW to 51383 MW and Group’s Commercial Capacity stands revised from 50908 MW to 50583 MW.

NTPC has been informed by the Ministry of Power, Government of India vide order dated 14^th December, 2017 that the competent authority, in exercise of the powers conferred under NTPC Conduct Discipline and Appeal Rule 1977, has placed Shri Kulamani Biswal, Director (Finance), NTPC under suspension with immediate effect.

This is to inform that NTPC Limited has appointed M/s Alankit Assignments Limited, Alankit Heights,1E/13,Jhandewalan Extension, New-Delhi-110055 as Registrar & Share Transfer Agent of the company with effect from 1st December 2017 in place of M/s Karvy Computershare Pvt. Limited, Hyderabad.

Further, in terms of the Regulation 7, a tripartite agreement between NTPC Limited, M/s Karvy Computershare Pvt. Limited and M/s Alankit Assignments Limited is being executed and shall be intimated to you shortly.

News Paper Notice (Hindi)....Click here to view

News Paper Notice (English)....Click here to view

We wish to inform you that Ministry of Power, Government of India has informed NTPC vide their letter dated 24.11.2017 (letter attached) regarding sale of its equity shareholding in NTPC Limited.

Ministry of Power, GoI letter....Click here to view/download

We wish to inform that consequent upon successful commissioning, 50 MW (25 X 2 MW) Rojmal Wind Project at Rojmal, Gujarat is declared on commercial operation w.e.f 00:00 Hrs. of 10.11.2017.

With this, the commercial capacity of NTPC would become 43692 MW and that of NTPC Group would become 50908 MW.

To participate in the conference call, please dial the numbers provided below five to ten minutes ahead of the scheduled start time. The operator will provide instructions on asking questions before the call.

This is to inform that Unit#6 (500 MW) of Feroze Gandhi Unchahar Thermal Power Station, Raebareli,U.P.,is under shutdown after an accident in the evening of 01.11.2017. The other five units of the station are operating normally.

In line with the Corporate Disclosure requirements, we wish to inform that Shri Kaushal Kishore Sharma has ceased to be Director (Operations) of NTPC Limited on attaining superannuation on 31.10.2017 (A/N).

We wish to inform that Unit#2 of 250 MW of Bongaigaon Thermal Power Project (3 X 250 MW) will be declared on commercial operation w.e.f 00:00 Hrs of 01.11.2017.

With this, the commercial capacity of NTPC would become 43642 MW and that of NTPC Group would become 50858 MW.

In line with the Corporate Disclosure requirements, we wish to keep you informed on the following:

(i) Cessation of Independent Director

Shri Rajesh Jain, Managing Director, netCore Solutions Private Limited, who was appointed as Independent Director of NTPC w.e.f. 18.11.2015 has tendered his resignation on 10.10.2017 for his personal reasons. His resignation was noted by the Board in its Meeting held on 24.10.2017.

(ii) Appointment of Independent Directors

As per Notification no. 1/38/96-PG (Vol-III) dated 08.09.2017 of the Ministry of Power, Government of India and in pursuance of Article 40/41 of the Articles of Association of NTPC Limited, the President of India has appointed the following incumbents as Part-Time Non-Official Directors (Independent Directors) on the Board of NTPC Limited for a period of three years with effect from the date of notification of their appointment or until further orders, whichever is earlier:

(i)    Shri M.P. Singh
(ii)   Shri Pradeep Kumar Deb
(iii)  Shri Shashi Shekhar
(iv)  Shri Subhash Joshi
(v)   Shri Vinod Kumar 

Pursuant to Article 41A of the Articles of Association of NTPC and Section 161(1) of the Companies Act, 2013, the Board of NTPC has appointed the above incumbents as Additional Directors (Independent Directors) in its Meeting held on 24.10.2017.

The brief profile of the newly appointed Independent Directors are as under:

(i) Shri M.P. Singh, (DIN:07937931), aged 62 years is M.Com and Chartered Accountant. He has wide and varied experience since 1988 in the field of accountancy, financial review and analyser.

Shri M.P. Singh does not hold any share in NTPC and is not having any inter-se relationship with any of the Directors of the Company.

(ii) Shri Pradeep Kumar Deb, IAS (DIN: 03424714), aged 64 years, has a Master Degree in Physics from St. Stephens College, Delhi University. He started his career as a Probationary officer in the State Bank of India before switching to the Indian Administrative Service in 1977. In his 37 years as an IAS officer, he had held a number of posts of crucial importance in the State of Rajasthan and in Government of India in diverse areas like Finance and Taxation, Human Resources, Agriculture and Irrigation, Home Affairs among others, before retiring as Secretary, Department of Sports in the Government of India in 2013. Prior to this posting, he was Additional Chief Secretary, Home Affairs of the Government of Rajasthan. Shri Deb considers Finance and Human Resource Development as his areas of special interest.

Shri Pradeep Kumar Deb does not hold any share in NTPC and is not having any inter-se relationship with any of the Directors of the Company.

(iii) Shri Shashi Shekhar, IAS (DIN: 07147358), aged 61 years, is B.Sc (Geology) Hons. He retired as Secretary of Ministry of Water Resources, River Development and Ganga Rejuvenation. Prior to this, he was Additional Secretary of Ministry of Environment and Forests, Government of India. He served as the Managing Director of Tamil Nadu Minerals Limited, Tamil Nadu Transport Development Finance Corporation, Tamil Nadu Urban Development Fund and Tamil Nadu Urban Infrastructure Financial Services Limited. He had held various senior positions in the State as well as the Central Governments. He also served as a Finance Commissioner to raise extra budgetary resources from the market. He was a Director and later Joint Secretary in the Ministry of Power from 1998 to 2003, during which period he served as a Director General of Bureau of Energy Efficiency (BEE) in charge. He served as a Whole- Time Director of PTC India Ltd. from January 25, 2008 to January 17, 2011. He served as a Director of Power Grid Corporation of India Ltd. He served as a Non-Executive Director of Indian Energy Exchange Limited. He has presented papers on sustainable power development at various international conferences.

Shri Shashi Shekhar holds 690 shares in NTPC and is not having any inter-se relationship with any of the Directors of the Company.

(iv) Shri Subhash Joshi, IPS (DIN: 07946219), aged 63 years, is B.Sc. (Hons.) in Mathematics and has graduate Diploma in Business from Curtin University, Perth Australia. He joined Indian Police Service in 1976 and retired in 2014. He served as DG, Border Security Force (BSF), DG, National Security Guard (NSG), Special DG, Central Reserve Police Force (CRPF), Director General of Police, Uttarakhand, Additional DG, Intelligence/ Security, Uttarakhand and many other posts of Police. His area of expertise includes Human Resouce Management, Vigilance and anti-corruption, Training and Development, Public Order Management, Border Management, Intelligence and Security, General Adminstration, Public Grievance Redressal and Law.

Shri Subhash Joshi does not hold any share in NTPC and is not having any inter-se relationship with any of the Directors of the Company.

(v) Shri Vinod Kumar, IFS (DIN: 00955992), aged 61 years, graduated in 1975 with honours in Botany and obtained his Masters Degree in Botany from Banaras Hindu University in 1977. He superannuated from the Indian Forest Service on 30^th April 2016 as the Director of Indira Gandhi National Forest Academy(IGNFA) with experience of achievements over 38 years of Administration, Forest Management, Policy Analysis, Planning, Corporate Management, Tribal Development and Community Empowerment, Manpower Planning and Capacity Building with innovative contributions at Odisha State in field of Governance and Capacity Building. He had served both the Odisha Government as well as the Union Government in various capacities. His area of expertise includes Forest Governance, Biodiversity Management, Community Development & Livelihoods, Capacity Building.

Shri Vinod Kumar holds 500 shares in NTPC and is not having any inter-se relationship with any of the Directors of the Company.
 

In terms of Regulation 13 Sub-regulation (3) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the status of investors complaints for the quarter ending on 30.09.2017, is as under:

We wish to inform that 500 MW Unit#1 of Feroze Gandhi Unchahar Thermal Power Station, Stage-IV (1 X 500 MW) will be declared on commercial operation w.e.f 00:00 Hrs of 30.09.2017.

With this, the commercial capacity of NTPC would become 43392 MW and that of NTPC Group would become 50608 MW.

In continuation of our disclosure dated 11.09.2017, we wish to inform that 50 MW capacity, Rojmal Wind Energy Project of NTPC Limited in Gujarat has been fully commissioned.

With this, the total installed capacity of NTPC on standalone basis has become 44492 MW and that of NTPC group has become 51708 MW.

We wish to inform that Central Electricity Regulatory Commission vide its order uploaded on its website on 25.09.2017, in petition no. 130/MP/2015 filed by M/s GRIDCO of Odisha, has inter-alia decided the Commercial Operation Date of Unit-1 (660 MW) of Barh Super Thermal Power Station, Stage-II (2x660 MW) as 08.03.2016 instead of 15.11.2014.

NTPC is studying the detailed order and would take all appropriate actions as available under the law.

In continuation of our disclosure dated 06.09.2017 on the above subject, we wish to inform that the offer to the eligible employees of NTPC Limited (“Eligible Employees”) was open from September 11, 2017 (10.00 AM) to September 13, 2017 (05.00 PM) (“Offer Period”). Applications from the Eligible Employees were received by NTPC Limited during the Offer Period and allotment of 94,69,848 equity shares to 4,585 successful Eligible Employees was made on September 19, 2017

With the allotment and transfer of 94,69,848 shares to employees, the GoI’s holding in NTPC has come down from 520,36,08,726 equity shares i.e. 63.11% of total paid-up capital to 519,41,38,878 equity shares i.e. 62.99% of total paid-up capital.

We wish to inform that Unit#2 of 660 MW of Mouda Super Thermal Station, Stage-II (2 X 660 MW) will be declared on commercial operation w.e.f 00:00 Hrs of 18.09.2017.

Further, Unit#1 of 660 MW of Solapur Super Thermal Station (2 X 660 MW) will be declared on commercial operation w.e.f 00:00 Hrs of 25.09.2017.

With this, the commercial capacity of NTPC would become 42892 MW and that of NTPC Group would cross 50 GW and become 50108 MW.

We wish to inform that 40 MW out of 50 MW of Rojmal Wind Energy Project of NTPC Limited in Gujarat has been commissioned.

With this, the total installed capacity of NTPC on standalone basis has become 44482 MW and that of NTPC group has become 51698 MW.

Further, we wish to inform that Unit#2 of 250 MW of Nabinagar Thermal Power Project (4 X 250 MW) of Bhartiya Rail Bijlee Company Ltd. (BRBCL), a subsidiary of NTPC Limited is declared on commercial operation w.e.f 00:00 Hrs of 10.09.2017.

With this, the commercial capacity of BRBCL and NTPC group has become 500 MW and 48788 MW respectively.

In accordance with the approval accorded by Alternative Mechanism (AM), Government of India (GOI) has offered 2,74,02,498 Equity Shares of Rs. 10/- each to the eligible employees of NTPC Ltd. at discounted price of Rs. 159.60 per share (5% discount to the cut off price of Rs.168/- ,the cut off price for the OFS discovered through the Offer For Sale of equity shares of NTPC carried out by GOI on 29.08.2017 and 30.08.2017.

In connection with the above, action has been initiated by the Company for sale of equity shares to the eligible employees by the GOI. The offer for sale of share shall remain open from 11.09.2017 to 13.09.2017.

In line with the Corporate Disclosure requirements, we wish to inform that Shri Subhash Chandra Pandey has ceased to be Director (Projects) of NTPC Limited on attaining superannuation on 31.08.2017 (A/N)

In line with the Corporate Disclosure requirements, we wish to inform that consequent upon successful commissioning of 250 MW capacity (5 x 50 MW), Mandsaur Solar PV Project at Mandsaur,MP, is declared on commercial operation w.e.f 00:00 Hrs of 01.09.2017.

With this, the commissioned capacity of NTPC and NTPC group has become 44460 MW and 51676 MW respectively. The commercial capacity of NTPC and NTPC group has become 41572 MW and 48538 MW respectively.

In line with the Corporate Disclosure requirements, we wish to keep you informed that Shri Anil Kumar Jha has ceased to be the Director (Technical) of NTPC Limited on attaining superannuation on 31.07.2017 (A/N).

In line with the Corporate Disclosure requirements, we wish to inform that Unit#1 of 800 MW of Kudgi Super Thermal Project, Stage-I (3 X 800 MW) is declared on commercial operation w.e.f 00:00 Hrs of 31.07.2017.

With this, the commercial capacity of Kudgi Super Thermal Power Project, NTPC and NTPC group has become 800 MW, 41322 MW and 48288 MW respectively.

The Office of the Comptroller & Auditor General of India (C&AG) has appointed the following firms of Chartered Accountants as the Joint Statutory Auditors of the Company for the financial year 2017-18 vide their letter No./CA. V/COY/ CENTRAL GOVERNMENT, NTPC(7)/2 dated 11 July 2017:

• M/s. T.R. Chadha & Co LLP, Chartered Accountants, New Delhi
• M/s. P S D & Associates, Chartered Accountants, New Delhi
• M/s. Sagar & Associates, Chartered Accountants, Hyderabad
• M/s. Kalani & Co., Chartered Accountants, Jaipur
• M/s. P A & Associates, Chartered Accountants, Bhubaneshwar
• M/s. S K Kapoor & Co., Chartered Accountants, Kanpur
• M/s. B.M. Chatrath & Co LLP , Chartered Accountants, Kolkata

The above firm(s) of Chartered Accountants shall also be the Joint Statutory Auditors for Consolidated Financial Statements for the financial year 2017-18 under Section 139 read with Section 129(4) of the Companies Act, 2013.

In terms of Regulation 29 read with Circular dated 09.09.2015 of the SEBI (Listing Regulations and Disclosure Obligations) Regulations, 2015, it is hereby informed that Board, in its Meeting held on Saturday, 29th July 2017 has considered and approved the issue of secured/ unsecured, redeemable, taxable/ tax-free, cumulative/ non-cumulative, non-convertible debentures (“Bonds/NCDs”) upto ₹ 15,000 crore during the period commencing from the date of passing of Special Resolution in the ensuing Annual General Meeting till completion of one year thereof or the date of next Annual General Meeting in the financial year 2018-19 whichever is earlier.

Invitation to 13th Annual Analyst and Investors Meet of NTPC Ltd.

NTPC Ltd. is hosting its 13th Annual Analyst and Investors Meet on Tuesday, August 1,2017 at Hotel Trident, Nariman Point, Mumbai. CMD and Board of Directors of the Company will discuss the current state of the Company’s business and handle the queries emanating from all spheres of Company’s business. You are cordially invited to attend the meet as per the attached programme. For details.... Click here.

We wish to inform that NTPC Limited is hosting its 13th Annual Analysts and Investors Meet on 1st August 2017 at Mumbai, wherein CMD and Board of Directors of the company will interact with the Analysts and Investors.

The status of complaints received in respect of Equity, Bonus Debentures and Bonds as communicated by the Registrar & Transfer Agents for Equity, Bonus Debentures and Bonds, for the quarter ended on 30.06.2017, is as under:

We wish to inform that 2nd Unit of 195 MW of Muzaffarpur Thermal Power Station Stage-II (2 X 195 MW) of Kanti Bijlee Utpadan Nigam Limited (a subsidiary of NTPC Limited) is declared on commercial operation w.e.f 00:00 Hrs. of 01.07.2017.

With this, the commercial capacity of Muzaffarpur Thermal Power Station has become 610 MW and that of NTPC group has become 47488 MW.

In continuation of our disclosure dated 02.06.2017, we wish to inform that 225 MW out of 250 MW of Mandsaur Solar Power Project of NTPC Limited has been commissioned.

With this, the installed capacity of NTPC’s solar power projects has become 845 MW. The total installed capacity of NTPC on standalone basis has become 44419 MW and that of NTPC group has become 51635 MW.

In line with the Corporate Disclosure requirements, we wish to inform that 117 MW out of 250 MW of Mandsaur Solar Power Project of NTPC Limited has been commissioned.

With this, the installed capacity of NTPC’s solar power projects has become 737 MW. The total installed capacity of NTPC on standalone basis has become 44311 MW and that of NTPC group has become 51527 MW.

NTPC Ltd. will hold a conference call for analysts and investors at 3.30 PM India time on May 29, 2017, where Senior Management team of NTPC comprising of Mr. K. Biswal, Director (Finance), Mr. A.K.Jha, Director (Technical), Mr. S.C.Pandey, Director (Projects), Mr. K.K.Sharma, Director (Operations) & Mr. A.K. Gupta, Director (Commercial) will discuss the Company’s results for 4th quarter and of financial year 2016-17 and answer questions from participants

To participate in the conference call, please dial the numbers provided below five to ten minutes ahead of the scheduled start time. The operator will provide instructions on asking questions before the call.

A transcript of the conference call will be available on Company’s website post the conference call.

For any further enquiries regarding the conference call the following person may be contacted:

Harsh Dole
IIFL– Institutional Equities 
Tel. No.: +91 22 4646 4660
(harsh.dole@iiflcap.com)

Regards
Sangeeta Bhatia
General Manager(Finance)
Investor Services Department
Tel  No. 011 2436 7072
Fax No. 011 2436 0849
Email:  sbhatia@ntpc.co.in

"Subject: Issue of INR denominated INR 20,000,000,000 7.25 % Notes due 2022 payable in U.S. Dollars (“Notes”) issued pursuant to U.S.$ 4,000,000,000 medium term note programme by NTPC Limited (the “Issuer”)

In accordance with corporate disclosures required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that the Issuer has launched an issue of INR 20,000,000,000 notes due 2022 priced on April 25, 2017. The Notes carry a coupon of 7.25% per annum payable annually. The Notes will mature on 3rd May 2022 and all INR principal and interest payments will be made in U.S. Dollars. The Notes are expected to be settled by 3rd May, 2017.

The Notes represent direct, unconditional and unsecured obligations of the Issuer and will rank pari passu among themselves and all other unsecured obligations of the Issuer. The Notes will be listed on the Singapore and the London stock exchanges.

The net proceeds from each issue of Notes will be applied by the Issuer to finance capital expenditure of ongoing and/or new power projects and renovation and modernisation of power stations of the Issuer in accordance with applicable law, and will not be used for projects outside India. This is for the information of your members and all concerned and in compliance with the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015."

Note:
The Notes will not be offered or sold, and have not been offered or sold in India by means of any document or any other offering document or material relating to the bonds, directly or indirectly, to any person or to the public in India which would constitute an advertisement, invitation, offer, sale or solicitation of an offer to subscribe for or purchase any securities in violation of applicable Indian laws.

This information relates to an offering of the Notes offered and sold pursuant to Regulation S under the United States Securities Act of 1933, as amended (the “Securities Act”). This information is not an offer of securities for sale in the United States. The Notes referred to herein have not been and will not be registered under the Securities Act or the laws of any state of the United States or elsewhere and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws of the United States. There is no intention to register any portion of any offering in the United States or to conduct a public offering of securities in the United States or in any other jurisdiction. Nothing in this communication shall constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction in which such offer or sale would be unlawful. No money, securities or other consideration is being solicited by this announcement or the information contained herein and, if sent in response to this announcement or the information contained herein, will not be accepted.

Sub: Notice to Proceed (NTP) to BHEL by Bangladesh India Friendship Power Company (Pvt.) Limited (BIFPCL)

This is in continuation to our disclosure dated 11.04.2017 regarding “Achievement of Financial Closure by Bangladesh India Friendship Power Company (Pvt.) Limited (BIFPCL)

We wish to further inform that Bangladesh India Friendship Power Company (Pvt.) Limited (BIFPCL), a 50:50 Joint Venture Company between NTPC Limited and Bangladesh Power Development Board (BPDB) has issued Notice to Proceed (NTP) to BHEL on 24.04.2017 for executing the contract for 1320 MW (2 x 660 MW) Coal based Maitree Super Thermal Power Project at Rampal in Bagerhat District of Khulna division, Bangladesh on turnkey basis. The investment in project has been approved by BIFPCL board at an appraised estimated cost of USD 2.0 Billion.

The status of complaints received in respect of Equity, Bonus Debentures and Bonds as communicated by the Registrar & Transfer Agents for Equity, Bonus Debentures and Bonds, for the quarter ended on 31.03.2017, is as under:

We wish to inform that Bangladesh India Friendship Power Company (Pvt.) Limited (BIFPCL), a 50:50 Joint Venture Company between NTPC Limited and Bangladesh Power Development Board (BPDB) has achieved Financial Closure on April 10, 2017 to set up1320 MW (2 x 660 MW) Coal based Maitree Super Thermal Power Project at Rampal in Bagerhat District of Khulna division, Bangladesh. An agreement was signed with Indian Exim Bank to provide loan up to USD 1.6 Billion for financing this project.

In line with the Corporate Disclosure requirements, we wish to inform that Unit#1 of 660 MW of Solapur Super Thermal Power Project has been commissioned.

With this, the commissioned capacity of NTPC and NTPC Group has become 44194 MW and 51410 MW respectively.

In line with the Corporate Disclosure requirements, we wish to inform that Unit#2 of 250 MW of Bhartiya Rail Bijlee Company Limited (BRBCL-a subsidiary of NTPC Limited) has been commissioned on 03.04.2017.

Further, NTPC has also commissioned its First wind turbine of 2 MW at Rojmal Wind Power Project (50 MW).

With this, the commissioned capacity of NTPC and NTPC Group has become 43534 MW and 50750 MW respectively.

In line with the Corporate Disclosure requirements, we wish to inform that Unit#6 of 500 MW of Feroze Gandhi Unchahar Thermal Power Station has been commissioned on 31.03.2017.

With this, the commissioned capacity of NTPC Group crosses 50 GW and is at 50498 MW.NTPC’s standalone capacity becomes 43532 MW.