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Home › Companies
National Thermal Power Corporation (NTPC)India
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On record

This profile is no longer actively maintained, with the information now possibly out of date

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Created before Nov 2016
Last update: 2016-10-18 14:22:49

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NTPC's Ramagundam coal power plant, one of its total of twenty one. Photo: Getsuhas08 via Wikimedia Commons (CC BY SA 3.0)
Sectors Coal Electric Power Generation, Coal Mining, Hydroelectric Power Generation, Wind Electric Power Generation
Headquarters
Ownership
listed on Bombay Stock Exchange

The Government of India holds 61.77% of the company's equity. NTPC's complete share holder structure can be viewed here.

Subsidiaries
Website http://www.ntpc.co.in

About National Thermal Power Corporation (NTPC)

The National Thermal Power Corporation (NTPC), founded in 1975, is the largest electricity producer of India. The installed capacity of NTPC is 53,651 MW (including 7,551 MW through Joint Ventures and Subsidiaries) comprising of 51 NTPC stations (21 coal power plants, 7 combined cycle gas/liquid fuel based stations, 2 hydro based station, 1 wind based station), 9 joint venture stations (8 coal power plants and one gas based) and 12 renewable energy projects. The company is aiming to attain a total installed capacity of 130 GW by 2032.

Why this profile?

India’s National Thermal Power Corporation (NTPC) is the world’s largest coal plant developer, and is planning to build over 38,000 MW of new coal capacity in India and Bangladesh. In terms of emitting CO2, the adverse impacts on people and the environment of this new fossil fuels infrastructure and the impacts on climate change, NTPC's plans are completely at odds with the Paris Agreement Climate goal which calls for a maximum to global temperature rises of 1.5C.

Impacts

Social and human rights impacts

NTPC is taking part (50%) in BIFPL, a joint venture to develop the Rampal coal power plant. The project will cause irreparable damage to the livelihoods of two million inhabitants living in and around the Sundarbans and depending wholly or partly on the forest for subsistence.

NTPC is at the center of many human rights violation cases, most notably mercury poisoning that killed thousands of children and left many invalid. NTPC also displaces communities in violent, deceiving and corruption laden precess.

In fact-finding missions by both South Asians for Human Rights both and Transparancy International Bangladesh, instances of forced displacement, corruption and human rights violation were reported in connection with the construction of the Rampal plant. Intense and ongoing local and national opposition to the project continues.

Environmental and climate impacts

NTPC has had a bad record of managing its ash. A 2015 report of the Central Electricity Authority (CEA) concluded that17 plants of NTPC generated 59 million tons of ash, but could utilise only 39%. Additionally, NTPC has been illegally disposing of waste water several times, as shown in this study.

The serious destructive impacts the Rampal plant will bring to the Sundarbans has already pushed some major institutions to avoid the project. Three large French banks have already publicly precluded investments in Rampal. Similarly, the Norwegian Government Pension Fund Global (GPFG) excluded NTPC from their investment portfolio on recommendation of its Council of Ethics, stating "there is an unacceptable risk that NTPC will contribute to severe environmental damage through the building and operation of the power plant at Rampal, including related transportation services".

Other impacts

NTPC has often been invovled is issues of corruption in India and when working on power projects abroad, like in Sri Lanka. Since April 2016, NTPC, along with other power companies, are being investigated for over-invoicing coal imports.

Governance

Applicable norms and standards

Global Reporting Initiative

Financiers

From 2014 to 2017 26 financial institutions loaned a total of USD 3.219 billion and provided underwriting services totalling USD 9.237 billion to NTPC. The banks and other FIs involved are specified below.

Related projects

Projects

active

Rampal coal power plant Bangladesh

Coal Electric Power Generation
There are no projects active for National Thermal Power Corporation (NTPC) now.

News

| |
Type:
Year:
blog
external news
our news

New Adani mine project puts remote Indian villages at the coalface

2021-09-15 | Adani Watch
blog
external news
our news

HSBC doesn’t just fund coal companies – it owns them

2021-04-26 | Market Forces
blog
external news
our news

New research: HSBCs coal stake equivalent to nearly 40 years of UK emissions

2020-04-22 | Market Forces
blog
external news
our news

Standard Chartered announces exit from three coal plant projects and phase-out of corporate support for coal

2019-12-17 | London, UK | BankTrack, Market Forces
blog
external news
our news

Over 670,000 MW of new coal threatens 1.5°C climate target

NGOs release list of world’s top coal plant developers
2018-10-04 | Berlin | urgewald
blog
external news
our news

It's time for impact divesting: the Global Coal Exit List for the finance industry is launched

2017-11-09 | Heffa Schücking - urgewald
blog
external news
our news

India Coal-Fired Power Plant Explosion Kills 32 After 7 Months of Operation

2017-11-03 | Insurancejournal.com
blog
external news
our news

IEEFA Op-Ed: The World Is Watching as the Biggest Utility in the Second Most Populous Country Shifts Gears

2017-07-19 | IEEFA
blog
external news
our news

New database reveals world’s biggest coal plant developers

120 companies paving the road towards climate chaos
2017-06-29 | Berlin | urgewald
blog
external news
our news

Ex-Im Bank of India confirms $1.6bn loan for Rampal coal plant to bankroll Sundarbans destruction

2017-04-11 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

Deutsche Bank puts first restrictions on coal finance, but still has long way to go

2017-01-31 | Frankfurt | BankTrack, urgewald
blog
external news
our news

Another coal barge sinks in the Sundarbans World Heritage site

2017-01-16 | EcoWatch
blog
external news
our news

Another shipping disaster in the Sundarbans

2017-01-16 | thethirdpole.net
blog
external news
our news

Rampal financing still in the balance as double standards mount

2016-12-21 | Greig Aitken – BankTrack
blog
external news
our news

NTPC plans to become biggest renewable energy company in 10 years

2016-08-18 | The Economic Times
blog
external news
our news

Why Rampal?

2016-08-04 | Prothom Alo
blog
external news
our news

A new power plant could devastate the world’s largest mangrove forest

2016-07-18 | The Washington Post
blog
external news
our news
private

Oil-gas committee for holding referendum over Rampal power plant

Link does not work
2016-07-16 | New Aged BD
blog
external news
our news

BIFPCL Signs Contract Agreement for Main Plant EPC (Turnkey) Package of 2x660 MW Maitree Super Thermal Power Project at Bangladesh

2016-07-14 | NTPC
blog
external news
our news

Rampal plant's wheels set in motion

2016-07-13 | The Daily Star
blog
external news
our news

The India-Bangladesh Rampal Power Project Is A Waste Of Resources. Here's An Alternative

2016-06-24 | Huffington Post India
blog
external news
our news

Rampal power cost to rise significantly

2016-06-18 | The Daily Star
blog
external news
our news

Delhi-Dhaka power project headed for financial mess: Think tank

2016-06-18 | Business Standard
blog
external news
our news

NTPC's Bangladesh project puts Exim Bank's global credibility at risk: IEEFA

2016-06-17 | Business Standard
blog
external news
our news

A Step Backward for Bangladesh

2016-06-17 | Institute for Energy Economics and Financial Analysis
blog
external news
our news

NTPC shareholders urged to push for Rampal coal plant to be dropped

BankTrack appeals to 50+ shareholders in India’s National Thermal Power Corporation to seek withdrawal NTPC from Rampal coal power plant threatening Bangladesh’s Sundarbans forest.
2016-06-13 | Nijmegen, the Netherlands | BankTrack
blog
external news
our news

NTPC to explore more addition of renewable energy to portfolio

2016-06-07 | Economic Times India
blog
external news
our news

Coal India hopes to win orders from Bangladesh

2016-05-31 | Business Standard
blog
external news
our news

International coalition issues urgent appeal to save Bangladeshs people and tigers from Rampal coal plant

2016-05-11 | Waterkeeper Alliance
blog
external news
our news

Bangladesh coal plant “non-compliant with Equator Principles” shows new BankTrack analysis

“Big Three” French banks ruled out financing for Rampal project near Sundarbans World Heritage mangrove forest
2015-06-29 | Nijmegen | BankTrack
blog
external news
our news

Indian coal power plants world’s most polluting

2015-02-25 | Thethirdpole.net
blog
external news
our news

Rampal power project runs into equity funding snag

2015-01-26 | The Daily Star
blog
external news
our news

NTPC to invite tenders for $1.2 billion Bangladesh joint venture power project

2015-01-13 | Economic Times
blog
external news
our news

Nine firms submit preliminary bids for Odisha ultra mega power project

2013-11-25 | Live Mint
blog
external news
our news

India's Minamata

2012-10-31 | Down to Earth
blog
external news
our news

NTPC and Bangladesh PDB to cooperate in Power Sector

2010-08-30 | NTPC
blog
external news
our news

New Delhi under pressure, government scraps dam

2010-08-21 | Hindustan Times
blog
external news
our news

Group of Ministers decides to scrap NTPC hydel project on Bhagirathi river

2010-08-20 | The Economic Times

Documents

Type:
Year:
ngo documents
2017-03-30 00:00:00

Open letter: Protect Sundarbans from coal-fired power plants

Addressed to the presidents, prime ministers, ministers of state and ministers of Bangladesh and India
2017-03-30 00:00:00 | Protect the Forest
csr policies
2015-12-31 00:00:00

Ash policy

2015-12-31 00:00:00 | NTPC
annual reports
2018-03-31 00:00:00

CSR report 2017

2018-03-31 00:00:00 | NTPC
ngo documents
2018-10-25 00:00:00

The dark side of NTPC

A Critical Look at the Social and Environmental Footprints of NTPC
2018-10-25 00:00:00 | Centre for Financial Accountability
csr policies
2018-09-04 00:00:00

Biodiversity policy 2018

2018-09-04 00:00:00 | NTPC
csr policies
2017-07-31 00:00:00

Rehabilitation & resettlement policy 2017

2017-07-31 00:00:00 | NTPC
annual reports
2018-08-28 00:00:00

Annual report 2017-2018

2018-08-28 00:00:00 | NTPC
csr policies
2018-08-28 00:00:00

Environment policy 2017

2018-08-28 00:00:00 | NTPC
ngo documents
2016-10-07 00:00:00

Summary of independent expert analyses of the Rampal Power Plant

2016-10-07 00:00:00 | National Committee for Saving the Sundarbans
ngo documents
2016-09-06 00:00:00

Rebuttal of the National Committee for Saving the Sundarbans (NCSS) to the Maitree Power Plant Authority’s 10 Point Q&A of July 2016

2016-09-06 00:00:00 | National Committee for Saving the Sundarbans
annual reports
2014-01-01 00:00:00

NTPC 2012-13 Annual Report

2014-01-01 00:00:00 | NTPC
our publications
2013-07-23 00:00:00

Coal Market Update July 2013

Low prices take their toll on coal firms
2013-07-23 00:00:00 | Greenpeace, BankTrack
ngo documents
2013-03-12 00:00:00

Coal Kills

An Assessment of Death and Diseasecaused by India’s Dirtiest Energy Source
2013-03-12 00:00:00 | Urban Emissions in partnership with the Conservation Action Trust and Greenpeace India

Links

NTPC's Sustainability Strategies and Policies

http://www.ntpc.co.in/en/sustainability/strategy-and-policies
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