The National Thermal Power Corporation Ltd, the largest power utility of India was awarded the most Efficient Maharatna-in Manufacturing for the year 2012 award by Stock Magazine at 4th DSIJ Award in the last week of March 2013 in New Delhi. Director (Commercial), NTPC received the award from Union Minister of Civil Aviation.
In its future initiatives, NTPC started green initiatives. NTPC is working on setting up the Solar Plants in Andaman and Nicobar Islands as well as Greater Noida regions. The 5 MW Solar Project in Andaman is coming up near the Port Blair Airport. On the other hand, 5 MW Greater Noida project is in its final construction phase.
NTPC also targets to add 1000 MW of Solar and Wind Capacity in the country in coming few years. The Wind Power Projects will come up in certain states including Karnataka. Solar Power Generation Projects on the other hand, will come up in Karnataka and Andhra Pradesh.
At present, there are seven Maharatna companies, after inclusion of BHEL and GAIL and these companies are - ONGC, Indian Oil, SAIL, NTPC and CIL. NTPC was conferred with the Maharatna status in 2010.
The core business of NTPC is construction, engineering as well as operation of power generating plants. It also provides power utilities in India as well as abroad.