PROJECT REPORT ON TRAINING AND DEVELOPMENT AT NTPC

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+Achieved self-sufficiency in engineering of coal and gas based power stations. +Brought impressive turnaround in performance of the stations taken over from SEBs and managed by NTPC. +Maintained continuously its performance under excellent rating in MOUs with government for the last 11 years. +Won several prestigious awards for excellent performance in various areas of productivity, environment, industrial relations, safety, family welfare, quality assurance, standardization, project management etc. - Delays in declaration of commercial operation of some of its units. - Large inventory of high values, non/ slow moving squares has been

accumulated over the

years. - Delays in contract closings after the completion of the projects. -The state owned monopolistic nature of power industry with inadequate focus on service to customers. FINANCIAL POSITION + High credit rating as evident from confidence reposed in NTPC by multilateral financial institutions like world bank, ADB, OECB and KFW. + Increasing profits year after year since inception. + Substantial internal resource generation for growth. - Very large receivables from state electricity boards. - Low return on investment due to administered tariff. HUMAN RESOURCES + Pool of skilled and dedicated professionals in engineering, operations, maintenance, contracts, R&D, finance and human resource management, etc.

Institute of Management & Research, Ghaziabad

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