Announcement

In line with the Corporate Disclosure requirements, we wish to inform that consequent upon successful commissioning and due approvals, first part capacity of 70 MW of 85 MW Bilhaur Solar PV Project at Bilhaur, Uttar Pradesh, is declared on Commercial Operation w.e.f. 28.03.2021.

With this, the commissioned as well as commercial capacity of NTPC and NTPC group has become 51725 MW and 64490 MW respectively.

In line with the corporate disclosure requirement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that after running for 54 years, operations of Talcher Thermal Power Station, Odisha having total installed capacity of 460 MW shall be discontinued w.e.f. 31st March, 2021.

In line with the Corporate Disclosure requirements, we wish to inform that Unit-2 of 800 MW of Gadarwara Super Thermal Power Station (2 x 800 MW) is hereby declared on commercial operation w.e.f 00:00 Hrs of 01.03.2021.

With this, the commercial capacity of NTPC and NTPC group will become 52115 MW and 64880 MW respectively.

In line with the Corporate Disclosure requirements, we wish to inform that consequent upon successful commissioning, 5 MW last part capacity for 20 MW Auraiya Solar PV Project at Auraiya, UP, has been declared on Commercial Operation w.e.f. 00:00 Hrs. of 20.02.2021.

With this, the total installed capacity of NTPC and NTPC group has become 52115 MW and 64880 MW respectively and the commercial capacity of NTPC and NTPC group has become 51315 MW and 64080 MW respectively.

In line with the Corporate Disclosure requirements, we wish to inform that based on achievement of approved norms, Unit-2 of 800 MW capacity of Gadarwara Super Thermal Power Project has successfully completed trial operation and consequently included in the installed capacity of NTPC.

With this, the total installed capacity of NTPC and NTPC group has become 52110 MW and 64875 MW respectively.

Declaration of COD of Unit-4 of 150 MW of Kameng Hydro-Electric Project (4x150 MW) of North Eastern Electric Power Corporation Limited (a wholly owned subsidiary company of NTPC Limited)

In line with the Corporate Disclosure requirements, we wish to inform that consequent upon successful commissioning, Unit-4 of 150 MW of Kameng Hydro-Electric Project (4x150 MW) of North Eastern Electric Power Corporation Limited (a wholly owned subsidiary company of NTPC Limited) has been declared on commercial operation w.e.f. 00:00 Hrs. of 12.02.2021.

With this, the commissioned and commercial capacity of NTPC group has become 64075 MW.

An avalanche near Tapovan in Uttarakhand has damaged a part of our under construction hydropower project Tapovan Vishnugad (520 MW) in the region. While rescue operations are on, situation is being monitored continuously with the help of district administration and likely loss or damage caused is being assessed. Appropriate insurance cover is available for the loss/damage caused.

However, considering the total size of operations of NTPC Limited (present standalone commercial capacity 51310 MW and group commercial capacity 63925 MW), the impact of above event on the company as a whole may not be considered material in terms of Para B of Part A of Schedule III of SEBI (LODR), Regulations, 2015.

In line with the Corporate Disclosure requirements, we wish to inform that based on achievement of approved norms and necessary approvals, Unit-2 of 660 MW capacity of Meja Thermal Power Station of Meja Urja Nigam (P) Limited (MUNPL) (a joint venture of NTPC Limited & UPRVUN Limited) is declared on commercial operation w.e.f. 00:00 hrs. of 31.01.2021.

With this, the total commercial capacity of MUNPL and NTPC group will become 1320 MW and 63925 MW respectively.

NTPC Ltd. will hold a conference call for analysts and investors at 4:00 PM India time on February 4, 2021, where Senior Management team of NTPC comprising of Mr. A. K. Gautam, Director (Finance), Mr. Dillip Kumar Patel, Director (Human Resources), Mr. Ramesh Babu V., Director (Operations), Mr. Chandan Kumar Mondol, Director (Commercial) and Mr. Ujjwal Kanti Bhattacharya, Director (Projects) will discuss the Company’s results for the 3rd quarter of the financial year 2020-21 and answer questions from the 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 for asking questions before the call.

Or click below for the Express Diamond Pass link:

https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=8109257&linkSecurityString=1957083595

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 may be contacted: 

Mr. Rahul Modi: Phone: +91 7738096775
Email: rahul.modi@icicisecurities.com

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

In line with the Corporate Disclosure requirements, we wish to inform that consequent upon successful commissioning and due approvals, 140 MW capacity Bilhaur Solar PV Project at Bilhaur, Uttar Pradesh, has been declared on Commercial Operation w.e.f. 18.01.2021.

With this, the commissioned capacity of Bilhaur Solar PV Project, NTPC and NTPC group has become 140 MW, 51310 MW and 63925 MW respectively and the commercial capacity has become 140 MW, 51310 MW and 63265 MW respectively.

Intimation regarding Board Meeting, Dividend, Record Date and Closure of Trading Window...Click here.

In line with the Corporate Disclosure requirements, we wish to inform that consequent upon successful commissioning, Unit-3 of 150 MW of Kameng Hydro-Electric Project (4x150 MW) of North Eastern Electric Power Corporation Limited (a wholly owned subsidiary company of NTPC Limited) has been declared on commercial operation w.e.f. 00:00 Hrs. of 22.01.2021.

With this, the commissioned and commercial capacity of NTPC group has become 63,785 MW and 63,125 MW respectively.

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 31.12.2020, is as under:

In line with the Corporate Disclosure requirements, we wish to inform that based on achievement of approved norms and due approval; maiden Solar Power Project of 50 MW capacity situated at Kasargod Solar Park at Kasargod, Kerala of THDC India Limited (a subsidiary company of NTPC Limited), is declared on commercial operation w.e.f. 31.12.2020.

With this, the commissioned as well as commercial capacity of THDC India Limited (a subsidiary company of NTPC Limited) and NTPC group has become 1,587 MW and 62,975 MW respectively.

In line with the Corporate Disclosure requirements, we wish to inform that based on achievement of approved norms and due approval; Dulanga Coal Mine of NTPC Limited, having an ultimate peak rated annual capacity of 7 Million Tonnes Per Annum, is declared on commercial operation w.e.f. 01.10.2020.

Corporate Disclosure: Declaration of Commercial Operation of first part capacity of 8 MW for 20 MW Auraiya Solar PV Project

In line with the Corporate Disclosure requirements, we wish to inform that consequent upon successful commissioning, 8 MW part capacity of 20 MW Auraiya Solar PV Project at Auraiya, UP, has been declared on Commercial Operation w.e.f. 00:00 Hrs. of 10.11.2020.

With this, the commissioned as well as commercial capacity of NTPC and NTPC group has become 51163 MW and 62918 MW respectively.

Public Announcement for Buyback...Click here.

Outcome of the meeting of Board of Directors of NTPC Limited (the "Company") held on 2nd November, 2020...Click here.

NTPC Ltd. will hold a conference call for analysts and investors at 4:00 PM India time on November 2, 2020, where Senior Management team of NTPC comprising of Mr. A. K.Gautam, Director (Finance), Mr. Dillip Kumar Patel, Director (Human Resources), Mr. Ramesh Babu V., Director (Operations), Mr. Chandan Kumar Mondol, Director (Commercial) and Mr. Ujjwal Kanti Bhattacharya, Director (Projects) will discuss the Company’s results for the 2nd quarter of the financial year 2020-21 and answer questions from the 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 for asking questions before the call.

Or click below to Express Diamond Pass link:

Click here to view.

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 may be contacted:

Subhadip Mitra
JM Financial
Tel. No.: +91 99203 71882
(subhadip.mitra@jmfl.com)

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

- Intimation regarding holding of Meeting of the Board of Directors for:

a. Un-audited Financial Results for the quarter and half year ended September 30, 2020

b. Proposal for buyback of equity shares of the Company

- Intimation regarding closure of trading window

Click here to view.

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 30.09.2020, is as under:

In continuation of our earlier corporate disclosure dated August 21, 2020, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that NTPC Limited (NTPC) has incorporated a wholly owned subsidiary, in the name of “NTPC Renewable Energy Limited” with the Registrar of Companies, NCT of Delhi & Haryana on October 7, 2020, to undertake Renewable Energy Business.

We shall be pleased to provide any further information required in this regard.

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

On completion of tenure, following Independent Directors have ceased to be Directors of the Company on 7.9.2020 :-

1. Shri M. P. Singh
2. Shri Pradeep Kumar Deb
3. Shri Shashi Shekhar
4. Shri Subhash Joshi
5. Shri Vinod Kumar

The matter has already been taken up with the Ministry of Power for appointment of requisite number of Independent Directors and any notification in this regard is still awaited.

Notice of 44th AGM & Integrated Annual Report -2019-20...Click here to view.

In line with the corporate disclosure requirement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform that :

In pursuance of Article 41 of the Articles of Association of NTPC Limited, Ministry of Power has, vide its Order No. 8/19/2019-Th.1 dated 26th August, 2020, conveyed approval of the Competent Authority for appointment of Shri Ujjwal Kanti Bhattacharya, Executive Director, NTPC to the post of Director (Projects), NTPC Limited w.e.f. the date of his assumption of charge of the post till the date of his superannuation or until further orders, whichever is earlier.

Shri Ujjwal Kanti Bhattacharya (DIN: 08734219) has taken charge as Director (Projects), NTPC on 28th August, 2020. He joined NTPC in the year 1984 as Ninth Batch of Engineering Executive Trainees and was initially posted at NTPC Korba. He is an Electrical Engineering Graduate from Jadavpur University, Kolkata. He has also completed his PG Diploma in Management from MDI, Gurgaon.

Shri Bhattacharya started his career in Green Field Project Construction, followed by working in the areas of Power Plant Operation & Maintenance, Renovation & Modernization, Environment Management, Technical Services at 1600 MW Farakka STPP. After serving in Farakka in various departments, he moved to Talcher Thermal Power Station (450 MW), an Old and Underperforming asset, taken over from State Electricity Board. He, along with his team, created history in turning around the station, which went on to become a top performing station in years to come.

Shri Bhattacharya has significantly contributed for NTPC’s vertical & horizontal business diversification as well as growth through inorganic route. He had illustrious career in Business Development function of NTPC in Domestic as well as International Arena with special focus on NTPC’s diversification into hydroelectricity with acquisition of Koldam and setting up of subsidiary company namely NESCL for electricity distribution business. He has been at the forefront of JV formulation & Project conceptualization for 1320 MW Maitree Power Project at Bangladesh.

Before appointment as Director (Projects), NTPC, Shri Bhattacharya has worked as MD and CEO of Bangladesh-India Friendship Power Company (Pvt.) Limited, ED (Business Development) and ED (Projects), NTPC.

Shri Bhattacharya holds 6508 shares of NTPC and he is not inter-se related with other directors on the Board of the Company.

Pursuant to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, NTPC Limited hereby gives Corporate Disclosure to the effect that concurrence had been obtained from NITI Aayog, Government of India and Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India, for formation of a wholly owned subsidiary for NTPC Renewable Energy Business.

The aforesaid wholly owned subsidiary shall be incorporated under the provisions of the Companies Act, 2013.

Newspaper Notice regarding 44^th AGM...Click here to view

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

The Office of the Comptroller and Auditor General of India, vide their letter no. No./CA.V/COY/CENTRAL GOVERNMENT,NTPC(7)/38 dated 10th August, 2020, has appointed the following firms of Chartered Accountants/Limited Liability Partnershipsas the Joint Statutory Auditors of the Company for the financial year 2020-21:-

1. M/s. S. K. Mehta & Co., Chartered Accountants, New Delhi
2. M/s. S. N. Dhawan& Co. LLP, Chartered Accountants, New Delhi
3. M/s. Varma & Varma, Chartered Accountants, Hyderabad
4. M/s. Parakh& Co., Chartered Accountants, Jaipur
5. M/s. C. K. Prusty& Associates, Chartered Accountants, Bhubaneshwar
6. M/s. B. C. Jain & Co., Chartered Accountants, Kanpur
7. M/s. V. K. Jindal & Co., Chartered Accountants, Ranchi

The above firm(s) of Chartered Accountants shall also be the Joint Statutory Auditors for Consolidated Financial Statements for the financial year 2020-21 under section 139 read with Section 129(4) of the Companies Act, 2013.

In line with the Corporate Disclosure requirements, we wish to inform that NTPC Limited is hosting its 16th Annual Analysts and Investors Meet on 17th August 2020 through video conferencing, wherein CMD and Board of Directors of the company will interact with the Analysts and Investors.

Press release regarding record date for final Dividend...Click here.

Notice of record date for final Dividend...Click here to view

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

On attaining the age of superannuation, Shri A. K. Gupta has ceased to be Director (Commercial) of NTPC on 31.7.2020 (A/N).

In line with the corporate disclosure requirement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform that :

In pursuance of Article 41 of the Articles of Association of NTPC Limited, Ministry of Power has, vide its Order No. 8/15/2019-Th.1 (A-1) dated 10th June, 2020, conveyed approval of the Competent Authority for appointment of Shri Chandan Kumar Mondol, Executive Director, NTPC to the post of Director (Commercial), NTPC Limited w.e.f. the date of his assumption of charge of the post on or after 1.8.2020 till the date of his superannuation or until further orders, whichever is the earlier.

Shri Chandan Kumar Mondol (DIN: 08535016) has taken charge as Director (Commercial), NTPC on 1stAugust, 2020.He joined NTPC as 9th Batch Executive Trainee (ET) in 1984 and has held several key leadership positions across multiple business units. He has vast experience and comprehensive knowledge of the power sector and has worked in both power plant and corporate functions. He started off his journey with the project execution and commissioning of 3X500 MW units at Ramagundam and 4X210 MW units at Kahalgaon.

As a strategic planner, Shri C. K. Mondol has led several initiatives at NTPC. He has worked towards developing commercial & marketing strategies, execution of domestic and international Power Purchase Agreements (PPAs), formulation of Tariff Regulations with CERC, participation in Ultra Mega Power Plant (UMPP) bidding, etc.

Shri C. K. Mondol has also worked as head of Strategic Planning Division and was also responsible for periodic review of Business Plan, Organisational Restructuring, identifying risks of the company and its mitigation through comprehensive Enterprise Risk Management Policies etc. He was Business Unit Head (BUH) of Khargone in March 2015 and was responsible for execution of 1320 MW Green Field Power Project involving land acquisition, Right of Use, Right of Way, R&R plan, Project Planning & Construction, Boundary Management with the local administration, State Government and other statutory authorities.

Before his appointment as Director (Commercial), he has also worked as RED-WR-I, RED (DBF & Hydro), ED (PP&M) and ED (Commercial).

Shri C. K. Mondol does not hold any share of NTPC and he is not inter-se related with other directors on the Board of the Company.

NTPC enters pact with NIIF to explore business opportunities in India

Country’s largest power generation company, NTPC Ltd. today entered into a Memorandum of Understanding (MoU) with National Investment and Infrastructure Fund (NIIF), acting through National Investment and Infrastructure Fund Limited (NIIFL), to explore opportunities for investments in areas like renewable energy, power distribution among other areas of mutual interest in India.

The MoU was signed in the august presence of Shri Gurdeep Singh, CMD, NTPC & Shri Sujoy Bose, Managing Director and CEO, NIIFL. Shri A K Gupta, Director (Commercial) NTPC, Smt. Ambalika Banerji, Executive Director – Direct Investments, NIIF, Shri A K Gautam, Director (Finance) NTPC, Shri Vinod Giri, Managing Partner, NIIF Master Fund and other senior dignitaries from both the organizations were also present on the occasion.

The MoU was signed through video conferencing between Smt. Sangeeta Kaushik, GM (BD-Domestic), NTPC and Shri. Rajiv Dhar, Executive Director & Chief Operating Officer, NIIFL.

With this MoU, NTPC and NIIF aim to collaborate to further help India’s vision of building sustainable and robust energy infrastructure in the country. This partnership aims to bring together NTPC’s technical expertise and NIIF’s ability to raise capital and bring in global best practices by leveraging its existing relationships with leading players.

With a total installed capacity of 62110 MW, NTPC Group has 70 Power stations comprising of 24 Coal, 7 combined cycle Gas/Liquid Fuel, 1 Hydro, 13 Renewables along with 25 Subsidiary & JV Power Stations.

NTPC targets to have nearly 30 GW of its overall power generation capacity from renewable energy sources by 2032.

NIIF Limited manages over USD 4.3 billion of equity capital commitments across its three funds - Master Fund, Fund of Funds and Strategic Opportunities Fund, each with its distinct investment strategy. NIIFL is a collaborative investment platform for international and Indian investors, anchored by the Government of India. NIIFL invests across asset classes such as infrastructure, private equity and other diversified sectors in India, with the objective to generate attractive risk-adjusted returns for its investors. The NIIF Master Fund is the largest infrastructure fund in the country and invests in core infrastructure sectors such as transportation and energy.

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 ended 30.06.2020, is as under:

Declaration of Commercial Operation of Unit-2 of 150 MW of Kameng Hydro-Electric Project (4x150 MW) of North Eastern Electric Power Corporation Limited (a wholly owned subsidiary company of NTPC Limited)

In line with the Corporate Disclosure requirements, we wish to inform that Unit-2 of 150 MW of Kameng Hydro-Electric Project (4x150 MW) of North Eastern Electric Power Corporation Limited (a wholly owned subsidiary company of NTPC Limited) is declared on commercial operation w.e.f. 00:00 Hrs. of 01.07.2020.

With this, the commercial capacity of NTPC group has become 62,086 MW.

In terms of Regulation 23(9) of SEBI (LODR) Regulations, 2015 please find enclosed related party transactions of NTPC Limited on standalone and consolidated basis, for the period ending 31.03.2020.

Click here to view

In pursuance of the SEBI circular no. SEBI/HO/CFD/CMD1/CIR/P/2020/84 dated 20.05.2020, please find enclosed disclosure of anticipated impact of COVID-19 Pandemic on business of the Company.

Click here to view.

NTPC Ltd. will hold a conference call for analysts and investors at 3.30 PM India time on June 27, 2020, where Senior Management team of NTPC comprising of Mr. A. K.Gautam, Director (Finance), Mr. A.K. Gupta, Director (Commercial), Mr. Dillip Kumar Patel, Director (Human Resources), Mr. Ramesh Babu V., Director (Operations) and Mr. R.S.V. Muthumani, Executive Director (Finance) will discuss the Company’s results for the 4th quarter and the financial year 2019-20 and answer questions from the 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 for 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 may be contacted:

Rohit Natarajan
Antique Stock Broking Limited
Tel. No.: +91 22 4031 3443
(rohit.natarajan@antiquelimited.com)

Regards
Aditya Dar
Chief General Manager(Finance)
Investor Services Department
Tel No. 011 2436 7072
Fax No. 011 2436 1018
Email: adityadar@ntpc.co.in

Reaffirmation of Ratings by Fitch with change in outlook

This is to inform that consequent upon Fitch Ratings (Fitch) reaffirmation of India's sovereign rating as BBB- with a change in outlook to Negative from Stable, the issuer credit rating assigned to NTPC by Fitch has also been reaffirmed as BBB- with a change in outlook to Negative from Stable.

Declaration of Commercial Operation of Unit-1 of 150 MW of Kameng Hydro-Electric Project (4x150 MW) of North Eastern Electric Power Corporation Limited (a wholly owned subsidiary company of NTPC Limited)

In line with the Corporate Disclosure requirements, we wish to inform that Unit-1 of 150 MW of Kameng Hydro-Electric Project (4x150 MW) of North Eastern Electric Power Corporation Limited (a wholly owned subsidiary company of NTPC Limited) is declared on commercial operation w.e.f 00:00 Hrs. of 17.06.2020.

With this, the commercial capacity of NTPC group has become 61,936 MW.

Update on deferment of capacity charges and rebate to DISCOMs

In continuation of our letter dated 17.05.2020 regarding deferment of capacity charges and rebate to Distribution Companies (DISCOMs), it is informed that the NTPC Board of Directors in their meeting held on 09.06.2020 have approved:

1. Deferment of capacity charges of Rs. 2,064 crore to DISCOMs, to be payable without interest after the end of the lockdown period in three equal monthly instalments.
2. Rebate of Rs.1,363 crore on the capacity charges billed during the lock-down period to DISCOMs on account of COVID-19, in financial year 2020-21.

The above amounts are provisional and may vary due to reconciliation with RPC data.

Revision of Ratings assigned by Moody’s

This is to inform that consequent upon Moody's Investors Service (Moody’s) downgrade of India's sovereign rating from baa2 to baa3 with a negative outlook, the issuer credit rating assigned to NTPC has also been downgraded by one notch from baa2 to baa3 with a negative outlook, by Moody’s.

In continuation of our earlier corporate disclosure dated June 12, 2019, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that NTPC Limited (NTPC) has incorporated a Joint Venture Company with East Delhi Municipal Corporation (EDMC) with equity participation of 74:26 respectively, in the name of “NTPC EDMC Waste Solutions Private Limited” with the Registrar of Companies, NCT of Delhi & Haryana on June 1, 2020, to develop & operate state of the art/modern integrated waste management & energy generation facility.

NTPC has signed a MOU with ONGC to set up Joint Venture Company for Renewable Energy Business

The Maharatna companies NTPC Ltd. and Oil and Natural Gas Corporation Limited (ONGC) have signed a Memorandum of Understanding (MoU) on 21st May 2020 at Delhi to set up a Joint Venture Company for Renewable Energy business. This MoU will enable both companies to accelerate their footprint in the Renewable Energy.

This MOU was signed by Director (Commercial) of NTPC, Mr. A. K. Gupta and Director (Finance) and In-charge Business Development and Joint Ventures of ONGC Mr. Subhash Kumar. The MoU signing activity has been done on Virtual conferencing mode in the august presence of CMD of NTPC Mr. Gurdeep Singh and CMD of ONGC Mr. Shashi Shanker along with the other Directors and officials of both the companies.

As per the MoU, NTPC and ONGC will explore the setting up of offshore wind and other Renewable Energy Projects in India and overseas. They shall also explore opportunities in the fields of sustainability, storage, E-mobility and ESG (Environmental, Social and Governance) compliant projects.

NTPC, presently has 920 MW of installed Renewable power projects in its portfolio and about 2300 MW of RE projects under construction. With this tie up NTPC would accelerate its RE capacity addition program and also expand its footprint in offshore wind and overseas Renewable energy projects in the process for realising its ambitious target of 32 GW of Renewable Energy Projects by 2032.

ONGC has a renewable portfolio of 176 MW comprising of 153 MW wind power and 23 MW of solar.

This development will enhance the presence of ONGC in the Renewable Power business and enable its ambition to add 10 GW of renewable power to its portfolio by 2040.

Corporate Disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

This is to inform that NTPC has received advisory/letters dated 15.05.2020 and 16.05.2020 from Ministry of Power, to consider to offer following rebate to the Distribution Companies (Discoms) for passing on to the end consumers, for the lockdown period on account of Covid-19 pandemic :

1. Deferment of capacity charges for power not scheduled, to be payable without interest after the end of the lockdown period in three equal monthly instalments.

2. Rebate of about 20-25% on power supply billed (fixed cost) to Discoms.

The matter will be placed in the next meeting of Board of Directors and decision thereon shall be informed in due course.

In line with the corporate disclosure requirement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform that :

In pursuance of Article 41 of the Articles of Association of NTPC Limited, Ministry of Power has, vide its Order No. 8/7/2019-Th.-1 dated 25th March, 2020, conveyed approval of the Competent Authority for appointment of Shri Ramesh Babu V, Executive Director, NTPC to the post of Director (Operations), NTPC Limited w.e.f. the date of his assumption of charge of the post on or after 1.5.2020 till the date of his superannuation or until further orders, whichever is the earlier.

Shri Ramesh Babu V (DIN:08736805) has taken charge as Director (Operations), NTPC on 1st May, 2020. He is a Mechanical Engineering graduate from NIT Srinagar and Masters in Thermal engineering from IIT Delhi and joined NTPC as 12th batch Executive Trainee in 1987. He has over 32 years of vast experience with outstanding contribution in management of large size plants in the area of power plant operation & maintenance, Renovation & modernization of old units and in area of efficiency and systems improvement of thermal plants. He, as a Professional Manager and Strategic Planner, has led several initiatives for improving reliability and efficiency of Plants.

Shri Ramesh Babu‘s experience in power sector includes Senior Management level exposure as a “Business Unit Head” of NTPC Talcher Kaniha & NSPCL Durgapur. Prior to elevation to the post of Director (Operations), he was working as ED to CMD & was working on system improvement activities and strategies related to operational excellence of NTPC power plants.

As Director (Operations), NTPC, he is responsible for overall planning for Safe, Reliable and Efficient operation of all power generating stations of NTPC group Portfolio, while ensuring fuel security & environmental compliance of all Power Stations.

Shri Ramesh Babu V holds 3240 shares of NTPC and he is not inter-se related with other directors on the Board of the Company.

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

On attaining the age of superannuation, Shri Prakash Tiwari has ceased to be Director (Operations) of NTPC on 30.4.2020 (A/N).

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 ended 31.03.2020, is as under:

In line with Corporate Disclosure requirements, we wish to inform that, NTPC has decided to raise

Rs. 4,374.10 crore on 16 April, 2020 through private placement of unsecured non-convertible bonds in the nature of debentures at a coupon of 6.55% p.a. with a door to door maturity after 3 years 1 day. The proceeds will be utilized for, inter alia, funding of capital expenditure, refinancing of existing loans and other general corporate purposes. The bonds are proposed to be listed on both NSE & BSE. Bond Trust Deed for these bonds will be duly executed as per the requirements of and within the period of time prescribed under, the Companies Act and rules specified therein.

These bonds are issued under the approval obtained through shareholders’ resolution on 21 August, 2019.

In line with the Corporate Disclosure requirements, we wish to inform that Unit-2 of 660 MW of Khargone Super Thermal Power Station (2 x 660 MW) is hereby declared on commercial operation w.e.f 00:00 Hrs. of 04.04.2020.

With this, the commercial capacity of Khargone Super Thermal Power Station, NTPC and NTPC group will become 1320 MW, 50355 MW and 61786 MW respectively.

In line with the corporate disclosure requirement under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform that :

In pursuance of Article 41 of the Articles of Association of NTPC Limited, Ministry of Power has, vide its Order No. 8/4/2019-Th.-1 dated 31st December, 2019, conveyed approval of the Competent Authority for appointment of Shri Dillip Kumar Patel, GM, NTPC to the post of Director (Human Resources), NTPC Limited w.e.f. the date of his assumption of charge of the post on or after 1.4.2020 till the date of his superannuation or until further orders, whichever is the earlier.

Shri Dillip Kumar Patel (DIN:08695490) has taken charge as Director (HR), NTPC on 1st April 2020. He started his career in NTPC way back in 1986 as an Engineering Executive Trainee (XI batch). Shri Patel’s ascent from his humble beginning as an Executive Trainee to the top echelons of HR function in NTPC signifies his passion, commitment and hard work. He graduated in Mechanical Engineering from NIT, Rourkela and did his Post Graduate Diploma in Business Management (HR & Finance) from MDI, Gurgaon. He has also received management and leadership training inputs from ESCP-EAP (Paris, Berlin & Turin), Harvard Business School (USA), ISB Hyderabad & XLRI Jamshedpur.

He has an illustrious career spanning over more than three decades entailing both line and HR functions. After initial exposure of working in O&M (Mechanical Maintenance & CHP Operation) and EDC at Korba, he took a leap in his career and switched to core HR function in 1997. He looked after various facets of HR at Korba and subsequently moved on to become the Head of HR of Koldam, the first hydro project of NTPC. He had been Head of HR at various projects of NTPC such as NSPCL-Bhilai, Sipat, and Tanda for about 13 years. He had a short stint as Regional Head of HR of Eastern Region-II before being appointed to the post of Director (HR) in NTPC.

He has undertaken various challenging assignments and has successfully managed HR functions while working at various locations comprising thermal, hydro, JVs as well as taken-over projects. He firmly believes in the philosophy of “People before PLF”. His varied experience and deep understanding of the underlying culture of the organization will help HR to excel and achieve new heights in the days to come in NTPC.

Shri Dillip Kumar Patel does not hold any share of NTPC and he is not inter-se related with other directors on the Board of the Company.

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

On attaining the age of superannuation, Shri Saptarshi Roy has ceased to be Director (HR) of NTPC on 31.3.2020 (A/N).