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30 30  
31 31  NTPC aims to achieve 10% of the estimated market share for supply of electricity in E-mobility business
32 32  
33 -== Subsidiaries        ==
33 +== Subsidiaries        ==
34 34  
35 35  **NTPC Electric Supply Company Ltd. (NESCL)**
36 36  
... ... @@ -68,7 +68,7 @@
68 68  
69 69  The Company was incorporated on 09.09.2008 as a Private Limited Company with Bihar State Power Generation Company Ltd. (erstwhile BSEB) with a view to set up 3x660 MW Thermal Power Plant at New Nabinagar, Bihar and operation & maintenance thereof. Consequent upon transfer of shares held by BSPGCL to NTPC, the Company became wholly owned subsidiary of NTPC w.e.f. 29th June 2018. Subsequently, word “Private” was removed from its name.
70 70  
71 -== Joint Venture        ==
71 +== Joint Venture        ==
72 72  
73 73  The has formed following joint venture companies
74 74  
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110 110  
111 111  * Hindustan Urvarak & Rasayan Limited (HURL)
112 112  
113 +== Power Generation        ==
113 113  
114 -== Power Generation        ==
115 -
116 116  NTPC is committed to generating power responsibly and sustainably. Besides fossil fuels the company has diversified into producing energy through cleaner and greener sources such as hydro and solar energy. NTPC occupies the premier position in the Indian energy sector in terms of size and efficiency. It accounts for 25% of India’s total generation during the financial year 2015-16. With an increasing presence in the power value chain, NTPC is well on its way to becoming an “Integrated Power Major.” Powering India’s growth story.
117 117  
118 -== Installed Capacity        ==
117 +== Installed Capacity        ==
119 119  
120 120  Present installed capacity of NTPC Group is 62,110 MW (including 11,755 MW through JVs/Subsidiaries) comprising of 45 NTPC Stations (24 Coal based stations, 7 gas based stations, 1 Hydro station, 1 small hydro, 11 Solar PV and 1 Wind based Station) and 25 Joint Venture stations (9 coal based, 4 gas based, 8 hydro, 1 small hydro 2 Wind and 1 Solar PV){{footnote}}https://www.ntpc.co.in/en/power-generation/installed-capacity{{/footnote}}
121 121  
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140 140  |(% style="width:364px" %)Total (JVs/Subsidiaries)|(% style="width:210px" %)25|(% style="width:214px" %)11,755
141 141  |(% style="width:364px" %)Total|(% style="width:210px" %)70|(% style="width:214px" %)62,110
142 142  
143 -= Industry structure        =
142 += Industry structure        =
144 144  
145 145  Gross annual generation of the country (excluding import from Bhutan) increased by 5.2% from 1,308 BUs in the previous year to 1,376 BUs in the current year (including renewables). Generation from renewable sources increased by about 24% from 102 BUs to 127 BUs, while generation from conventional sources increased by 4% from 1,206 BUs to 1,249 BUs.{{footnote}}https://www.ntpc.co.in/annual-reports/8842/download-complete-annual-report-2018-19{{/footnote}}
146 146  
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156 156  
157 157  The total installed capacity in the country as on 31 March 2019 was 3,56,100 MW (including renewables) with Private Sector contributing 46.2% of the installed capacity followed by State Sector with 29.5% share and Central Sector with 24.3% share.
158 158  
159 -== Generation        ==
158 +== Generation        ==
160 160  
161 161  The total conventional power available in the country during the financial year 2018-19 was 1,249 BUs as compared to 1,206 BUs during previous year, registering a growth of 3.6%. (Generation figures pertain to capacity monitored by CEA).
162 162  
163 163  As far as thermal generation is concerned, based on the monitored capacity by CEA, the generation contribution of central sector is 36.9% with installed capacity share of 24.3%, state sector contributes 32.1% of generation with installed capacity share of 29.5% and private sector contributes 30.6% of generation with installed capacity share of 46.2%. Central sector utilities have performed better as compared to those of state and private sector utilities.
164 164  
165 -== Consumption        ==
164 +== Consumption        ==
166 166  
167 167  The per capita consumption of power in India was 1,149 units in financial year 2017-18 (provisional) (Source: Central Electricity Authority), which is almost one-third of the global average (3,052 units).
168 168  
... ... @@ -172,7 +172,7 @@
172 172  
173 173  Other key initiatives taken by Government of India include Integrated Power Development Scheme (for providing 24x7 power supply in the urban areas) and Deen Dayal Upadhyaya Gram Jyoti Yojana (agricultural feeders segregation, strengthening of sub-transmission & distribution infrastructure in rural areas and rural electrification). 100% village electrification has been achieved.
174 174  
175 -== Transmission        ==
174 +== Transmission        ==
176 176  
177 177  The transmission network (at voltages of 220 kV and above) in the country has grown at an average rate of ~~ 6% CAGR since the end of 12th Plan in terms of circuit kilometres added.
178 178  
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180 180  
181 181  This augmentation of the national grid will help promote competition and enable merit order dispatch of generation leading to lower cost of power for consumers. This is also essential for supporting higher injection of renewables into the grid for transfer of power from RE-rich states to other states. This large-scale integration of renewable energy alongwith other factors such as increasing power generation capacity and reforms in fuel sector is slated to increase the demand for transmission capacity significantly in the coming years.
182 182  
183 -== Distribution        ==
182 +== Distribution        ==
184 184  
185 185  Distribution is the key link to realize the Government of India’s vision of supplying reliable 24x7 Power for All. For this, the distribution companies need to be healthy to be able to discharge their functions & responsibilities efficiently.
186 186  
187 187  To improve the distribution segment’s performance, Government of India launched a comprehensive power sector reform scheme, Ujwal Discom Assurance Yojana (UDAY) on 5 November 2015 for operational and financial turnaround of Discoms. The Average Cost of Supply (ACS) and Average Revenue Realised (ARR) gap has reduced from ` 0.59 per kWh in 2016 to ` 0.24 per kWh by May 2019 and AT&C have also reduced to 18.37%.
188 188  
189 -== Power Trading        ==
188 +== Power Trading        ==
190 190  
191 191  In India, power is transacted largely through long-term Power Purchase Agreements (PPA) entered into between Generating companies and the Distribution utilities. A small portion is transacted through various short-term mechanisms like bilateral transactions through licensees, Day-ahead transactions through power exchanges and real time balancing market mechanism (i.e. Deviation Settlement Mechanism).
192 192  
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218 218  
219 219  With 928 MW of renewable installed capacity, the company has ventured into large-scale deployment of RE assets and is committed to add 10 GW of own renewable power capacity by 2022. The Company is also assisting the GoI in its National Solar Mission. Currently, 345 MW solar capacity is under
220 220  
221 -= Financial Highlights        =
220 += Financial Highlights        =
222 222  
223 223  On Feb 07, 2020, NTPC reported Q3 FY 19-20 results. The company reported a 22.60 per cent year-on-year (YoY) rise in net profit at Rs 3,197.73 crore for the December quarter compared with Rs 2,608.18 crore in the same quarter last year.{{footnote}}https://economictimes.indiatimes.com/markets/stocks/earnings/ntpc-q3-results-profit-jumps-22-6-to-rs-3198-crore-margin-expands-280-bps/articleshow/74007013.cms?from=mdr{{/footnote}}
224 224  
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228 228  
229 229  Consolidated margin for the quarter expanded 280 basis points to 29.9 per cent compared with 27.1 per cent in the year-ago quarter
230 230  
231 -== Recent developments ==
230 += Recent developments =
232 232  
233 233  22nd May, 2020. NTPC has signed a MOU with ONGC to set up Joint Venture Company for Renewable Energy Business{{footnote}}https://www.ntpc.co.in/en/investors/announcements{{/footnote}}
234 234  
... ... @@ -244,6 +244,8 @@
244 244  
245 245  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.
246 246  
247 -= References        =
246 +{{putFootnotes/}}
248 248  
248 += References        =
249 +
249 249  {{putFootnotes/}}
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