(i) Manager Listing Department National Stock Exchange of India Limited "Exchange Plaza" Bandra- Kurla Complex Bandra(E), Mumbai-400 051

Corporate Centre

Ref. No.: 01: SEC: LA-1 Dated: 22.07.2019

(ii) General Manager Department of Corporate Services Bombay Stock Exchange Limited Floor 25, Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400 001

Sub.: Annual Report for 43rd Annual General Meeting and Closure of Register of Members and Share Transfer Books

Dear Sir,

43rd Annual General Meeting of the Members of the Company will be held on Wednesday, August 21, 2019 at 10.30 A.M. at Manekshaw Centre, Parade Road, New Delhi - 110010.

Pursuant to Regulation 34 (1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, a copy of the Annual Report of the Company for the year 2018-19, containing the Notice of the Annual General Meeting scheduled to be held on Wednesday, August 21, 2019, Financial Statements for the year ending March 31, 2019, Independent Auditors' Report thereon, Directors' Report are enclosed for your reference and record. The same is also being e-mailed to NSE and BSE at annualreports@nse.co.in and corp.relations@bseindia.com respectively and uploaded on NEAPS and BSE Listing Centre.

The Company had issued the addendum dated 18.07.2019 to the above Notice of AGM for withdrawal of Agenda Item No. 5 pertaining to appointment of Shri Anurag Agarwal (DIN: 01360908) as Government Nominee Director pursuant to letter No. 2/4/2019-Adm.ll dated July 12, 2019 of Ministry of Power. All the remaining items have been re-numbered accordingly. The notice of AGM dated 08.07.2019 be read in conjunction with addendum dated 18.07.2019.

~ ~ : C;"lcl'-ll,-'n '+fcf"f, ~q cITT;:qc'fcR'J, 7, ~'i~ ir-::s "OJ""~ ~-110003 ffl~c 1TI,qR ~ : L40101DL1975GOI007966, ~ ';f.: 011-24387333, ~ .f.: 011-243610'18. tite1: ntpccc@ntpc.co.in, ~: www.muc,.cu.H

Registered Office: NTPC Bhawan, SCOPE Complex,? Institutional Area, Lodi Road, New Delhi-110003 Corporate Identification Number : L40101DL 1975801007966, Telephone No.: 011-24387333, Fax No.: 011-24361018, E-mail : ntpccc@ntpc.co.in

Website : www.ntpc.co.in

Pursuant to Regulation 42 (1) of the aforesaid Regulations and Section 91 of the Companies Act, 2013, it is hereby intimated that the Register of Members and Share Transfer Books of the Company will remain closed from August 15, 2019 to August 21, 2019 (both days inclusive) for the purpose of determining the eligibility of dividend to the shareholders. The final dividend on equity shares, as recommended by the Board of Directors, if declared at the Annual General Meeting, will be paid on September 3, 2019 to the Members whose names appear on the Company's Register of Members on August 21, 2019 in respect of physical shares. In respect of dematerialized shares, the dividend will be payable to the "beneficial owners" of the shares whose names appear in the Statement of Beneficial Ownership furnished by National Securities Depository Limited and Central Depository Services (India) Limited as at the close of business hours on August 14, 2019.

This is also to inform that remote e-voting period will commence on August 18, 2019 at 9:00 A.M. (1ST) and ends on August 20, 2019 at 5:00 P.M. (1ST). During this period, only those members of the Company, holding shares either in electronic or physical mode, as on the cut-off date i.e. August 14, 2019, shall be entitled to cast their vote.

The proof of commencement of dispatch of the annual report to the shareholder is also enclosed herewith.

Thanking You,

Encl: as above

CC: l(i) National Securities Depository

Ltd. Trade World, 4th Floor

j Kamala Mills Compound Senapathi Bapat Marg, Lower Parel, Mumbai-400 013

1 (iii) Executive Director Alankit Assignments Limited Alankit Heights, 1 E/13 Jhandewalan Extension, New Delhi - 110055

Yours faithfully,

(N. SARKAR) Company Secretary & ~ompliance Officer

(ii) Central Depository Services (India) Limited Phiroze Jeejeebhoy Towers 28th Floor, Dalal Street Mumbai-400 023

(iv) Vistra ITCL (India) Ltd. (Formerly known as IL&FS Trust Company Limited) The IL&FS Financial Centre, Plot No. C-22, G-Block, Sandra - Kurla Complex, Sandra (East), Mumbai - 400051

II (v) IDBI Trusteeship Company

limited I Asian Bldg., Ground Floor, 17, R. I Kamani Marg, Ballard Estate, I Mumbai -400001 I I (vii) Karvy Fintech Private Limited I Karvy Selenium Tower B,

Plot No. 31 & 32, Gachibowli Financial District, Nanakramguda, Serilingampally, Hyderabad-500008

(vi) Axis Trustee Services Ltd. GOA House, Plot No. 85, Axis House, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai- 400 025

rd43 ANNUAL REPORT 2018-19

A Maharatna Company

NTPC Awarded Certificate of Appreciation for the timely completion of Rural Electrification work assigned to NTPC in the State of Odisha under Saubhagya Scheme. Shri R. K. Singh, Union Minister of State (I/C) for Power, New & Renewable Energy presented the award to

thShri Gurdeep Singh, CMD, NTPC on 26 February, 2019.

NTPC Awarded as the Best Performing Utility of the Country in Thermal Power Sector by Central Board of

thIrrigation and Power (CBIP) on 4 January, 2019. Shri R. K. Singh, Minister of State (I/C) for Power, New & Renewable Energy, GOI presented the award to Shri Gurdeep Singh, CMD, NTPC.

The Dun & Bradstreet Infra Award-2018 conferred on NTPC for Excellence in Power Generation. The Award was presented by Shri Amitabh Kant, IAS, Chief Executive

stOfficer, Niti Aayog, GOI on 31 October, 2018.

NTPC Awarded for Technology Adaptation & Best thPerformer (Financial) at 6 PSU Awards by Governance

Now (a fortnightly news magazine for governance, thpolicies, politics and people), on 17 January, 2019.

th th thNTPC ranked 25 in Best Companies to Work for 2018. Moving up from 38 place (2017) to 25 (2018). In a study by Great Place thto Work and The Economic Times on 28 June, 2018.

C O R E VA L U E S

“PROVIDE RELIABLE POWER AND RELATED SOLUTIONS IN AN ECONOMICAL, EFFICIENT AND ENVIRONMENT

FRIENDLY MANNER, DRIVEN BY INNOVATION AND AGILITY”

M I S S I O N

TO BE THE WORLD'S LEADING POWER COMPANY, ENERGIZING INDIA'S GROWTH

V I S I O N

I C O M I T

MUTUAL RESPECTAND TRUST

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Customer Focusxzkgd dks iz/kkurk

Organisational PridelaxBu ij xkSjo

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n Business portfolio growth • To sustain NTPC’s position as the leading power

generation company in the world. • To broad base the generation mix with significant

proportionofcleanenergysources. • Toenablethegenerationfleettooperateatoptimum

efficiencywhilemeetingthedemandandstabilityinthe grid.

• To diversify into emerging businesses and marketsacross thepowervaluechain includingcoalmining,power trading,ancillary services,E-mobility, storageand related adjacencies.

• Toestablishastrongservicesbrandindomesticandinternationalmarkets.

n Customer foCus • To foster a collaborative style of working with

customers, growing to be a preferred brand forsupplyofqualityandreliablepower.

• Toexpandthecustomerportfoliothroughprofitablediversification into downstream business inter aliaE-mobilityanddirectsupply.

• To ensure rapid commercial decision making, usingcustomer specific information, with adequateconcernfortheinterestofthecustomer.

• Toadaptbusinessmodelsandorganisationstructuresto capture value which is progressively shiftingtowards the customers.

n Agile CorporAtion • To ensure effectiveness in business decisions

and responsiveness to changes in the businessenvironmentby:

o Adoptingaportfolioapproachtonewbusinessdevelopment.

o Continuousandco-ordinatedassessmentofthebusinessenvironmenttoidentifyandrespondtoopportunities and threats.

• Tocreateleanorganizationandbusinessprocesses. • Todevelopalearningorganizationhavingknowledge-

based competitive edge in current and futurebusinesses.

• Todevelop a culture of curiosity and innovation inlearning and adopting new technologies, businessmodels and operational philosophies in line with the evolvingmarketandchangingcustomerneeds.

n performAnCe leAdership • Tocontinuouslystriveforinnovationinreducingcosts,

enhancing operational flexibility and in addressingchanging customer needs.

• To continuously improve on project execution timeandcostinordertosustainlongtermcompetitiveness.

• To effectively leverage Information Technology todriveprocessefficienciesandenablesystemflexibilityinlinewiththemarketneeds.

• Tocreatecapabilitiestoattainleadershipinthenewandemergingbusinesses.

• To embed quality and safety in all systems andprocesses.

• Supportevolutionofpowermarketstomeetcustomerneeds through products, platforms, services etc. to

createawin-winopportunityacrossstakeholders. • To lead development efforts in the Indian power

sectorthroughstakeholderconsultation. • Toassistincapacitycreationofkeystakeholders.n humAn resourCe development • To enhance organizational performance by

institutionalizinganobjectiveandopenperformancemanagement system.

• To align individual and organizational needs anddevelop business leaders by implementing a careerdevelopmentsystem.

• To build a lean organization with diverse skills andhighabilitytoadapttochange.

• To build and sustain a learning organization ofcompetentworld-classprofessionals.

• To institutionalize core values and create cultureofteam-building, ownership, empowerment, equity,innovation and openness which would motivateemployees and enable achievement of strategicobjectives.

n finAnCiAl soundness • To maintain and improve the financial soundness

of NTPC by prudent management of the financialresources.

• To continuously strive to reduce the cost of capitalthrough prudent management of deployed funds,leveragingopportunitiesindomesticandinternationalfinancialmarkets.

• To promote innovative funding models to supportentry into new businesses and sustain long termgrowth.

• To develop appropriate commercial policies andprocesseswhichwould ensure remunerative tariffs,balance capital work-in-progress and minimizereceivables.

n sustAinABility And CorporAte soCiAl responsiBility • Todeliverbusinessandenvironmentalvaluethrough

projectswhicharebeneficialforbusinessandlargerecosystem.

• Toensuresustainablepowerdevelopmentbyensuringminimal wastage across operations.

• Toactivelycontributetowardssocietaldevelopment. • To lead the sector in the areasof resettlement and

rehabilitation and environment protection includingeffectiveash-utilization,peripheraldevelopmentandenergyconservationpractices.

n reseArCh & development • ToundertakeR&D initiatives in syncwith theoverall

businessportfolio. • To pioneer the adoption of reliable, efficient

and cost-effective technologies by carrying outfundamentalandapplied research inalternate fuelsand technologies.

• To collaborate with leading institutes, technologyplayersandserviceproviders,particularlyintheareaofpowerplantconstruction,generationtechnology,operations, renewable energy sources, storage,e-mobility,etc.thatcancontributetowardsefficiency,reliabilityandenvironmentfriendliness.

CorporAte oBJeCtives

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registered office

NTPCBhawan,SCOPEComplex, 7,InstitutionalArea,LodhiRoad, NewDelhi-110003 PhoneNo.:011-24360100 FaxNo..011-24361018 Email:ntpccc@ntpc.co.in Website:www.ntpc.co.in CIN:L40101DL1975GOI007966

registrar & share transfer Agent for equity shares

M/sAlankitAssignmentsLimited,

AlankitHeights,1E/13,JhandewalanExtension,

NewDelhi-110055

ContactPerson:ShriMaheshPandey&

ShriSurinderSharma

TelNo.:011-42541234

FaxNo.:011-41543474

Email:alankit_ntpc@alankit.com

depositories

NationalSecuritiesDepositoryLimited CentralDepositoryServices(India)Limited

referenCe informAtion

shares listed at

NationalStockExchangeofIndiaLimited BSELimited

subsidiaries

NTPCElectricSupplyCompanyLtd. NTPCVidyutVyaparNigamLtd. KantiBijleeUtpadanNigamLtd. BhartiyaRailBijleeCompanyLtd. PatratuVidyutUtpadanNigamLtd. NabinagarPowerGeneratingCompanyLtd. (previouslyNabinagarPowerGeneratingCompanyPrivateLtd.)

Company secretary

Ms.NandiniSarkar

Auditors

1. M/sTRChadha&CoLLP 2. M/sSNDhawan&CoLLP 3. M/sSagar&Associates 4. M/sKalani&Co. 5. M/sP.A.&Associates 6. M/sS.K.Kapoor&Co. 7. M/sBMChatrath&CoLLP

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• LettertoShareholders................................................................... 07

• NoticeofAGM............................................................................... 09

• Station-wiseGeneration................................................................ 19

• SelectedFinancialInformation..................................................... 21

• Directors’Profile............................................................................ 22

• SeniorManagementTeam............................................................ 29

• Directors’Report........................................................................... 30

• ManagementDiscussionandAnalysis......................................... 62

• ReportonCorporateGovernance.............................................. 88

• CorporateSocialResponsibilityReport...................................... 133

• BusinessResponsibilityReport.................................................... 138

• StandaloneFinancialStatements(SFS)....................................... 158

• IndependentAuditors’ReportonStandalone

FinancialStatements.................................................................... 279

• CommentsoftheComptrollerandAuditorGeneralofIndia

onSFS........................................................................................... 292

• EmployeeCostSummary............................................................. 293

• RevenueExpenditureonSocialOverheads.............................. 294

• ConsolidatedFinancialStatements(CFS)................................... 295

• IndependentAuditors’ReportonConsolidatedFinancial

Statements..................................................................................... 447

• CommentsoftheComptrollerandAuditorGeneralofIndia

onCFS........................................................................................... 457

green initiAtive in the CorporAte governAnCe

the ministry of Corporate Affairs has takes a “green initiative in the Corporate governance“ by allowing paperless compliances by the companies and has issued circulars stating that service of notice/ documents including Annual reports can be send by e-mail to its members. to support this green initiative of the government in full measure, members who have not registered their e-mail addresses, so far, are requested to register their e-mail address, in respect of electronic holdings with the depository through their concerned depository participants. members who hold shares in physical form are requested to get their e-mail address registered with Alankit Assignments limited, rtA of the Company.

Contents

support ‘green initiAtive‘

Annual general meeting date : 21st August, 2019

time : 10:30 A.m.

venue : manekshaw Center, parade road, new delhi – 110 010

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particulars 2018-19 2017-18

GrossGeneration Million Units 274454 265798

CommercialGeneration " 273540 265003

Energysentout " 255715 247905

SaleofEnergy(includingElectricityduty)* Rs.Crore 89316 81113

Profitbeforetax " 12673 12339

Profitfortheyear " 11750 10343

Dividend " 4923 4040

Dividendtax " 1000 816

RetainedProfit " 5827 5486

TotalFixedAssets " 216827 198835

Net Worth " 107408 101778

Borrowings " 127430 115104

CapitalEmployed " 131354 119711

NetCashFromOperations " 16030 19248

Value Added " 33571 31164

No.ofEmployees Number 18359 19739

Value added per employee Rs.Crore 1.83 1.58

DebttoEquity Ratio 1.19 1.14

DebtServiceCoverageRatio(DSCR) Times 2.21 2.14

InterestServiceCoverageRatio(ISCR) Times 5.26 5.93

ReturnonCapitalEmployed % 12.51 11.52

Face Value Per share Rs. 10.00 10.00

DividendPerShare** " 5.97 4.90

BookValuePerShare " 108.55 102.86

EarningsPerShare " 11.88 10.45

the yeAr At A glAnCe

*IncludingSaleofEnergythroughtrading. **BonusSharesissuedinMarch2019intheproportionof1equityshareforevery5existingequityshares

Commercial Capacity & energy sent out profit for the year

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DearShareownersandPartners,

As I reflectontheprogressofpastyear, first, Iwould like tosay thanks toeachoneofyouforyourcontinuedsupportandinvestmentinNTPC.Iamproudofwhatwehaveaccomplishedtogetherthispastyear,andIamevenmoreoptimisticabouttheopportunities ahead.

YourCompanyhadshownallroundperformanceandstrengtheneditsfundamentalsfurther.Thecompany’stotalgenerationgrewat~4%inFY19(GroupGeneration–306BUs;Standalone-274BUs)andtheCoalgenerationgrowthishigherthannationalaverage.Further,thecountry’selectricitydemandisgrowingataveryfastrate;ithasgrownatnearly8%inQ1FY20andthepeakdemandhascrossed182GW.WitheveryIndiannowhavingaccesstoelectricity,thepowersectorispoisedforlongtermgrowth.WithGovt.’sinitiative“24X7-Powerforall”thegrowthisexpectedtoreachnewheights.Asthedemandgrows,thereisasizeablegrowthaheadforthecompany.

In FY19, yourCompany recordedaprofitofover` 12,600Crorewhich is a growthof20.3%as compared toprevious year,revenuealmosttouched` 1,00,000Croreandthecompanydeclareddividendofover` 5,400Croretoshareholders.Thisisthe26th consecutiveyearthatcompanyhaspaiddividendandtheincreaseindividendis28.5%overlastyear.YourCompanyhasalsoissuedbonussharesforthe1st time.

AnotherimportanteventhasbeentheissuanceofTariffRegulations2019,effectivefrom1stApril2019forafive-yearperiodbyHon’bleCentralElectricityRegulatoryCommission(CERC).TheGovt.hasalsolaunchedascheme;SecurityConstrainedEconomicDispatch(SCED)onpilotbasiswiththeobjectiveofreducingcostofpower.Theseareforwardlookingregulationsandcapturetheneedofthesectorthroughvariousprovisions.TheseregulationscoupledwiththepilotrolloutofSCEDschemewillleadtomoreefficiencyandoptimaluseofresources.

In FY19, yourCompany’s PLFhasconsistentlymaintainedapositivedifferenceofover15%ascompared to theNational PLF.Company’scoalstationsachievedaPLFof76.81%duringtheyear2018-19asagainstNationalPLFof61.07%.FivestationsofNTPCfiguredintoptenstationslistofthecountryintermsofPLF.

Your Company added2180MW to its commercial capacityduring FY19. It has further added1460MW in FY20 tillQ1.Withthis, thecommercialcapacityofNTPCGroupisnow54,326MW.This includes928MWofrenewables.With19GWcapacitiesunder construction, the target for this year is for adding around 3.5GW of Commercial capacity for the balance period.Pursuing inorganic growth path – your Company acquired Barauni Thermal Power Station in Bihar [Stage# I: 220 MW and Stage#II:500MW(UnderConstruction)].Further,Badarpurplant(705MW)inNCTofDelhihasbeenpermanentlyshutdownwitheffectfromOctober15,2018.Eventhoughtheplantwasmeetingenvironmentalnorms,Delhi’spoorairqualityindexhasledtothis decision.

YourCompany isgoingaggressively intherenewablespace.Thecompanyhaswon545MWofcapacitythroughparticipationin Tariff BasedCompetitiveBiddingconductedbyStatesandSECIwhichproves thecompetitiveedge. Settingup100MWoffloatingsolarintheStateofTelanganaandfor92MWoffloatingsolarinKerala,discussionsareinadvancedstageforsigningofPPA.Further,PPAshavebeensignedfor2000MWsolarand1150MWwindindevelopermode.YourCompanyislookingatthepossibilityofsettinguprenewableprojectsasmerchantplantsinfuture.Further,thepolicyissuedbyGovt.ofIndia-“Flexibilityingenerationandschedulingofthermalpowerstationstoreduceemissions”isbeingactivelypursuedforimplementation.

YourCompanyhasbeenrankedNo#1“IndependentPowerProducerandEnergyTrader” in thePlattsTop250GlobalEnergyrankings2018. Improving itsposition,yourCompanyhasbeen ranked492 inForbesGlobal2000–Theworld’s largestpubliccompanies list.

your Company is working with the objective of “low Cost, low emission and highest safety”.Eventhoughthecostofcoalhasincreasedoveryears,averagePowerChargesweremaintainedatnearlythesamelevel.Variousoptimizationandtechnologicalmeasuresarebeingtakenforresourceutilizationandkeepingexpensesundercontrol.

YourCompanyhasmadesubstantialprogressincoal-mining.Pakri-Barwadihminewasdeclaredcommercialw.e.f1stApril2019.Ithassurpassedthemineplanproductiontargetandextracted6.81MMTofcoalduringFY19.Further0.5MMTwasextractedfromDulanga.YourCompanyisworkingrelentlesslytoenhanceproductionfromallthecaptiveminestoensurefuelsecurityandadoptingbestminingtechnologies.IamveryproudtomentionthatDirectorGeneralMineSafety(DGMS),aStatutoryAuthorityofGovt.ofIndia,hasselectedPakri-Barwadihasamodelmine,theoneoutoftwointheentirecountry.

Robust financial management system put in place by your Company has resulted in reducing the weighted average cost ofborrowingstolessthan7%inFY19.TheCompanyhasachieved100%realizationofcurrentbillsforthesixteenthyearinarow.Thishasbeenpossibleonlywitheffectivestakeholdermanagement.

letter to shareholders

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Tirelesseffortsareunderwayformaximizingprofitability.Stepshavebeentakenforeliminatingunderrecoverybyensuringfuelavailabilityandcontrollingequipmentforcedoutage.TheavailabilityofcoalStationshasincreasedsignificantlyinQ1FY20.Withrobustallroundperformance,yourCompanyisexpectedtoretainthe“Excellent”ratingfortheMoUsignedwithGovernmentofIndiaagain.

reduction of water consumption, increasing ash utilization and environmental protection are the top most priorities of your Company.

RainWaterHarvestingpolicyhasbeenputinplace.Significantstepsarebeingtakenforreducingwaterconsumption.Specificwaterconsumptionhasbeenreducedby1.3%(3.02l/kWh)whencomparedtoFY18.ImplementationofZeroLiquidDischarge(ZLD)schemehasbeencompletedattenStations.ImplementationofhigherCoCacrossallStationsisbeingdonetoreducefreshwaterintake.Besidesthese,AirCooledCondenserisbeingimplementedatnewprojects.

Toaddress the issueofashutilization,yourCompanyhadconducted ‘GrandAshChallenge’ to invite innovative ideasonpanIndiabasisfor‘Productiveashutilization’.Fivebestideaswereselectedforimplementation.Thisinitiativewillnotonlybenefitthecompanybutthecountryatlarge.YourCompanyhasalsotiedupwithIndianRailwaysforsettingupofflyashdepots.

TomeettheFlexibilizationrequirementwithincreasedpenetrationofrenewablesintothegrid,pilottestinghasbeenstartedatoneoftheStationsandaroadmaphasbeenpreparedforretrofittingoftheUnitsforenhancingFlexibilizationcharacteristics.

To maximize the geo-strategic reach, your Company is actively looking at business opportunities overseas. First internationalofficehasbeenopenedatMyanmar.ConstructionactivitiesofaCoalbasedprojectatBangladeshareunderprogress.Further,thecompanyisactivelylookingatMiddleEastandAfricancontinentforbusinessopportunities.SettingupofelectriccharginginfrastructurehasbeenstartedinNCRandwillbeoperationalizedsoon.ThecompanyisactivelypursuingwithvariousStatesforprovidingcompletee-mobilitysolutions.

Yourcompany’sSustainabilityReportforFY18hasbeenassuredbyDeloittewithType-II,HighLevelcategory.ThisisthehighestlevelofassuranceinaccordancewithGlobalReportingInitiative(GRI),conformingtoAA1000AS(2008)Standard.NTPCisoneofthethreeorganizationsandfirstPSUinIndiatohavesuchhighestlevelofassurance.YourCompanyhadwonthemostcovetedFrost&SullivanandTERISustainability4.0Award2019forbestsustainabilitypractices.

Improving its position significantly, your Company is Ranked14th in Best Companies toWork for-2019, first among PSUs. Yourcompany isputtingcontinuedthrustonemployeecapability improvement.Tobridgetheskillgap, leadershipprogrammesforseniormanagementhasbeenconductedatHarvardandWharton.Toinculcateleadershipskillsandbusinessacumeninmiddlelevelmanagement-Youngleadersprogrammehasbeenstarted.NTPCwasfacilitatedbythemostcovetedATDBESTawardintrainingdomain,consecutivelythreetimesinarowfromATD,USA.

CorporateSocialResponsibilityhasbeentheprimefocusofyourCompany.WiththesuccessofGirlEmpowermentMission(GEM)launchedinFY18,theprogrammeshasbeenstartedat23locationsinFY19,covering1900schoolgirlsandinputsaregivenonacademics,health,hygiene,self-defense,yogaandpersonalitydevelopment.

Toaddresstheproblemofmunicipalwaste,a24TPDpilotscaleWastetoEnergy(WtE)PlanthasbeencommissionedatVaranasi.This is the 1stWastetoEnergyPlantownedbyNTPC.ManysuchproposalsareonthecardsalongwithlargescaleWastetoEnergyplants.

OnbehalfofNTPC family, I assureyou that yourCompanywill continue toput tirelessefforts andcommitment to fulfill yourexpectations.WiththeunmatchedknowledgepoolandskillofTeamNTPC,Ionceagainassureyouthateachemployeeofthecompanywillworkasa“PowerSoldier”forimprovingtheperformanceintheyearstocome.

Withbestwishes,

Yourssincerely,

(GurdeepSingh) Chairman&ManagingDirector

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ntpC limited CIN:L40101DL1975GOI007966

Regd.Office:NTPCBhawan,SCOPEComplex, 7,InstitutionalArea,LodiRoad,NewDelhi-110003

Tel.no.:011-24360959Fax:011-24360241 Email:csntpc@ntpc.co.inWebsite:www.ntpc.co.in

notiCe

NOTICE isherebygiven that the43rd Annual general meetingof theMembersofntpC limitedwillbeheldonwednesday, 21st August , 2019 at 10.30 A.m.at manekshaw Centre, parade road, new delhi – 110 010 totransactthefollowingbusinesses:

ordinAry Business:

1. Toconsiderandadopt:

(a) theAuditedStandaloneFinancialStatementoftheCompanyforthefinancialyearended31stMarch2019,thereportsoftheBoardofDirectorsandAuditorsthereon;and

(b) theAuditedConsolidatedFinancialStatementoftheCompanyforthefinancialyearended31stMarch2019andthereportoftheAuditorsthereon.

2. Toconfirmpaymentofinterimdividendanddeclarefinaldividendfortheyear2018-19.

3. ToappointaDirectorinplaceofShriAnandKumarGupta,Director(Commercial)(DIN:07269906),whoretiresbyrotationandbeingeligible,offershimselfforre-appointment.

4. TofixtheremunerationoftheStatutoryAuditorsfortheyear2019-20.

speCiAl Business:

5. ToappointShriAnuragAgarwal(DIN:01360908),asGovernmentNomineeDirectorontheBoardoftheCompanyandinthisregardtoconsiderandifthoughtfit,topassthefollowingresolutionasanordinary resolution:

ResolvedthatpursuanttotheprovisionsofSection149,152andotherapplicableprovisions,ifany,oftheCompaniesAct,2013,Rulesmadethereunder,ShriAnuragAgarwal(DIN:01360908),whowasappointedasGovernmentNomineeDirector,bythePresidentofIndiavideMinistryofPowerletterNo.20/08/2016-Coord(Pt-V)dated7thJune,2019andsubsequentlyappointedasanAdditionalDirectorbytheBoardofDirectorswitheffectfrom1stJuly2019toholdofficeuntil thedateof thisAnnualGeneralMeeting, in termsof Section 161of theCompaniesAct, 2013be and is herebyappointedasGovernmentNomineeDirectoroftheCompanyonterms&conditionsasmaybefixedbytheGovernmentofIndiaandheshallnotbeliabletoretirebyrotation.

6. Tore-appointDr.GauriTrivedi(DIN:06502788),asIndependentDirectoroftheCompanyandinthisregardtoconsiderandifthoughtfit,topassthefollowingresolutionasaspecial resolution:

ResolvedthatpursuanttotheprovisionsofSection149,152andotherapplicableprovisions,ifany,oftheCompaniesAct,2013,Rulesmadethereunder,Dr.GauriTrivedi(DIN:06502788),whowasre-appointedasIndependentDirector,bythePresidentofIndiavideletterno.20/06/2017-Coorddated22ndNovember,2018issuedbytheMinistryofPowerforaperiodofoneyearfromthedateofcompletionofexistingtenurei.e.15thNovember2018oruntilfurtherorderswhichever isearlierandsubsequentlyappointedasanAdditionalDirectorby theBoardofDirectorswitheffect from16thNovember2018,subjecttoapprovalofshareholders,beandisherebyre-appointedasIndependentDirectoroftheCompanyonterms&conditionsasmaybefixedbytheGovernmentofIndia.

7. ToIncreaseborrowinglimitoftheCompanyfromRs.1,50,000CroretoRs.2,00,000Croreandinthisregardtoconsiderandifthoughtfit,topassthefollowingresolutionasaspecial resolution:

Resolvedthatinsupersessionoftheresolutionapprovedbyshareholdersthroughpostalballoton5thSeptember,2014,consentof theCompanybeand isherebyaccordedto theBoardofDirectors (hereinafter referredtoas “theBoard”whichtermshallbedeemedtoincludeanyCommitteethereofconstitutedforthispurpose)underSection180(1)(c)andotherapplicableprovisions,ifany,oftheCompaniesAct,2013(includinganystatutorymodification(s)orre-enactment(s)thereof) andapplicable laws, rules and regulations, guidelines etc., if any, toborrowmoney for thepurposesof thebusinessoftheCompanyasmayberequiredfromtimetotimeeitherinforeigncurrencyand/orinIndianrupees,asmaybedeemednecessary,onsuchtermsandconditionsandwithorwithoutsecurityastheBoardmaythinkfit,whichtogetherwiththemoniesalreadyborrowedbytheCompany(apartfromthetemporaryloansobtainedfromthebankersoftheCompanyintheordinarycourseofbusiness)atanytimeshallnotexceedintheaggregateRs.2,00,000Crore(RupeesTwoLakhCroreonly)irrespectiveofthefactthatsuchaggregateamountofborrowingsoutstandingatanyonetimemayexceedtheaggregate,forthetimebeing,ofthepaid-upcapital,securitiespremiumandfreereservesoftheCompany.

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FurtherresolvedthattheBoardbeandisherebyauthorisedtodoorcausetobedoneallsuchacts,matters,deedsandotherthingsasmayberequiredorconsiderednecessaryorincidentalthereto,forgivingeffecttotheaforesaidresolution.

8. TocreateMortgageand/orchargeover themovableand immovablepropertiesof theCompanyand in this regardtoconsiderandifthoughtfit,topassthefollowingresolutionasaspecial resolution:

ResolvedthatpursuanttoprovisionsofSection180(1)(a)andotherapplicableprovisions,ifany,oftheCompaniesAct,2013(includinganystatutorymodification(s)orre-enactment(s)thereof),theconsentoftheCompanybeandisherebyaccordedtotheBoardofDirectors(hereinafterreferredtoas“theBoard”whichtermshallbedeemedtoincludeanyCommittee thereofconstituted for thispurpose) tocreatesuchcharges,mortgagesandhypothecations inaddition toexistingcharges,mortgagesandhypothecationscreatedbytheCompany,onsuchmovableandimmovableproperties,bothpresentandfutureandinsuchformandmannerastheBoardmaydeemfitinfavourofBanks/FinancialInstitutions/Agents/Trusteesetc.(hereinafterreferredtoas“Lenders”)forsecuringtheborrowingsavailed/tobeavailedbywayofrupee/foreigncurrencyloans,otherexternalcommercialborrowings,issueofdebentures/Bondsetc.onsuchtermsandconditionsasmaybemutuallyagreedwiththelendersoftheCompanytowardssecurityforborrowingoffundsforthepurposesofbusinessoftheCompany.

ResolvedfurtherthattheBoardbeandisherebyauthorizedanditshallalwaysbedeemedtohavebeensoauthorizedtofinalizeandexecutewiththeLenderstherequisiteagreement,documents,deedsandwritingsforborrowingand/orcreatingtheaforesaidmortgage(s)and/orcharge(s)andtodoallsuchotheracts,deedsandthingsasmaybenecessarytogiveeffecttotheaboveresolution.

9. ToratifytheremunerationoftheCostAuditorsforthefinancialyear2019-20andinthisregardtoconsiderandifthoughtfit,topassthefollowingresolutionasanordinary resolution:

ResolvedthatpursuanttotheprovisionsofSection148andallotherapplicableprovisionsoftheCompaniesAct,2013andtheCompanies(AuditandAuditors)Rules,2014[includinganystatutorymodification(s)],theCompanyherebyratifiesthe remuneration of Rs. 37,21,250/-(Rupees thirty seven lacs twenty one thousand two hundred fifty only) excludingstatutorylevies,asapprovedbytheBoardofDirectorspayabletoCostAuditorsappointedbytheBoardofDirectorsoftheCompanytoconducttheauditofthecostrecordsoftheCompanyforthefinancialyear2019-20asperdetailsetoutintheStatementannexedtotheNoticeconveningthisMeeting.

ResolvedfurtherthattheBoardofDirectorsoftheCompanybeandisherebyauthorizedtodoallacts,deeds,mattersandthingsasmaybeconsiderednecessary,desirableorexpedientforgivingeffecttothisresolution.

10. ToraisefundsuptoRs.15,000CrorethroughissueofBonds/DebenturesonPrivatePlacementbasisandinthisregardtoconsiderandifthoughtfit,topassfollowingresolutionasaspecial resolution:

ResolvedthatpursuanttoSection42andotherapplicableprovisionsoftheCompaniesAct,2013readwithRule14(1)of the Companies (Prospectus andAllotment of Securities) Rules, 2014 and any other applicable statutory provisions(includinganystatutorymodificationorre-enactmentsthereof),theBoardofDirectorsoftheCompany(the“Board”)beandisherebyauthorizedtomakeoffer(s)orinvitation(s)tosubscribetothesecured/unsecured,redeemable,taxable/tax-free,cumulative/non-cumulative,non-convertibledebentures(“Bonds”)uptoRs.15,000Croreinoneormoretranches/seriesnotexceeding30(thirty),throughprivateplacement, indomesticmarketforcapex,workingcapitalandgeneralcorporatepurposes,duringtheperiodcommencingfromthedateofpassingofSpecialResolutiontillcompletionofoneyearthereoforthedateofnextAnnualGeneralMeetinginthefinancialyear2020-21whicheverisearlierinconformitywithrules,regulations,notificationsandenactmentsasmaybeapplicablefromtimetotime,subjecttothetotalborrowingsoftheCompanyapprovedbytheshareholdersunderSection180(1)(c)ofCompaniesAct,2013.

ResolvedfurtherthattheBoardbeandisherebyauthorizedtodoordelegatefromtimetotime,allsuchacts,deedsandthingsasmaybedeemednecessarytogiveeffecttoprivateplacementofsuchBondsincludingbutnotlimitedtodetermining the face value, issue price, issue size, tenor, timing, amount, security, coupon/interest rate, yield, listing,allotmentandothertermsandconditionsofissueofBondsasitmay,initsabsolutediscretion,considernecessary.

ByorderoftheBoardofDirectors

(nandini sarkar) Company secretaryplace: NewDelhi date: 8thJuly,2019

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notes: -

1. TherelevantexplanatorystatementpursuanttoSection102oftheCompaniesAct,2013,inrespectofSpecialBusinesses,assetoutaboveisannexedhereto.

2. A member entitled to attend and vote at the meeting is entitled to appoint a proxy to attend and vote instead of himself/ herself and the proxy need not be a member of the company. in order to be effective, the proxy form duly completed should be deposited at the registered office of the company not less than forty-eight hours before the scheduled time of the Annual general meeting. Blank proxy form is enclosed.

pursuant to the provisions of section 105 of the Companies Act, 2013, a person can act as a proxy on behalf of members not exceeding fifty and holding in the aggregate not more than ten percent of the total share capital of the company carrying voting rights. A member holding more than ten percent of the total share capital of the company carrying voting rights may appoint a single person as proxy and such person shall not act as a proxy for any other person or shareholder. proxies submitted on behalf of limited companies, societies, etc. must be supported by an appropriate resolution / authority, as applicable.

3. Everymemberentitledtovoteatameetingofthecompanyoronanyresolutiontobemovedthereat,shallbeentitledduringtheperiodbeginningtwenty-fourhoursbeforethetimefixedforthecommencementofthemeetingandendingwiththeconclusionofthemeeting,toinspecttheproxieslodged,atanytimeduringthebusinesshoursofthecompany,providednotlessthanthreedays’noticeinwritingoftheintentiontoinspectisgiventothecompany.

4. CorporateMembers intendingtosendtheirauthorizedrepresentativestoattendtheMeetingarerequestedtosendacertifiedcopyoftheBoardResolutionauthorizingtheirrepresentativetoattendandvoteontheirbehalfattheMeeting.

5. BriefresumeoftheDirectorsseekingappointmentorre-appointmentatAnnualGeneralMeeting(AGM),asrequiredunderRegulation36ofSEBI(ListingObligationsandDisclosureRequirements)Regulations2015,isannexedheretoandformspartoftheNotice.

6. Membersarerequestedto:-

i. notethatcopiesofAnnualReportwillnotbedistributedattheAnnualGeneralMeeting.

ii. bringtheircopiesofAnnualReport,NoticeandAttendanceSlipdulycompletedandsignedatthemeeting.

iii. notethattheattendanceslip/proxyformshouldbesignedasperthespecimensignatureregisteredwiththeAlankitAssignmentsLimited,Registrar&TransferAgent(RTA)/DepositoryParticipant(DP).

iv. deliverdulycompletedandsignedAttendanceSlipattheentranceofthemeetingvenue,asentrytotheHallwillbestrictlyonthebasisoftheentryslipavailableatthecountersatthevenuetobeexchangedwiththeattendanceslip.

v. notethatincaseofjointholdersattendingthemeeting,onlysuchjointholderwhosenameishigherintheregisterofmemberwillbeentitledtovote.

vi. quotetheirFolio/ClientID&DPIDNos.inallcorrespondence.

vii. notethatduetostrictsecurityreasonsmobilephones,briefcases,eatablesandotherbelongingswillnotbeallowedinsidetheHall.

viii. notethatnogifts/couponswillbedistributedattheAnnualGeneralMeeting.

7. TheBoardofDirectors,initsmeetingheldonJanuary30,2019,haddeclaredaninterimdividend@35.80%(Rs.3.58pershare)onthepaid-upequitysharecapitalofthecompanywhichwaspaidonFebruary14,2019.MemberswhohavenotencashedornotreceivedtheirdividendwarrantsmayapproachRTAoftheCompanyforrevalidatingthewarrantsorforobtainingduplicatewarrants.TheBoardofDirectors,initsMeetingheldonMay25,2019,hasrecommendedafinaldividend@25.00%(Rs.2.50pershare)onthepaid-upequitysharecapitalofthecompany.

8. TheRegisterofMembersandShareTransferBooksoftheCompanywillremainclosedfromAugust15,2019toAugust21,2019(bothdaysinclusive).Thefinaldividendonequityshares,asrecommendedbytheBoardofDirectors,subjecttotheprovisionsofSection91oftheCompaniesAct,2013,ifdeclaredattheAnnualGeneralMeeting,willbepaidonSeptember3,2019totheMemberswhosenamesappearontheCompany’sRegisterofMembers inrespectofphysicalsharesonAugust21,2019.Inrespectofdematerializedshares,thedividendwillbepayabletothe“beneficialowners”oftheshareswhosenamesappearintheStatementofBeneficialOwnershipfurnishedbyNationalSecuritiesDepositoryLimitedandCentralDepositoryServices(India)LimitedasatthecloseofbusinesshoursonAugust14,2019.

9. Pursuant to the provisions of the Companies Act, 2013, the Company has transferred the unpaid or unclaimed finaldividendforthefinancialyear2010-11andinterimdividendforthefinancialyear2011-12,onorbeforeduedates,tothe

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InvestorEducationandProtectionFund(IEPF)establishedbytheCentralGovernment.PursuanttotheprovisionsofIEPFRules,theCompanyhasuploadedthedetailsofunpaidandunclaimedamountslyingwiththeCompanyasonSeptember20,2018(dateoflastAnnualGeneralMeeting)onthewebsiteoftheCompany(www.ntpc.co.in)andalsoonthewebsiteoftheMinistryofCorporateAffairs(http://www.iepf.gov.in).

10. AttentionofthemembersisdrawntotheprovisionsofSection124(6)oftheActwhichrequireacompanytotransferin the name of IEPF Authority, all shares in respect of which dividend has not been paid or claimed for 7 (seven)consecutiveyearsormore.InaccordancewiththeaforesaidprovisionoftheActreadwiththeInvestorEducationandProtection FundAuthority (Accounting,Audit, Transfer and Refund) Rules, 2016, the Company has taken appropriateactionfortransferringthesharestotheDematAccountopenedbytheIEPFAuthority.Membersareadvisedtovisitthe web-link: https://www.ntpc.co.in/en/Investors/miscellaneous-download to checkdetails of shares transferred to IEPFauthority.TheprocedureforclaimingsharesfromIEPFaccountisalsoavailableonthewebsite.

11. Unclaimed final dividend for the financial year 2011-12 and Interim dividend for the financial year 2012-13 willbe due for transfer to the Investor Education and Protection Fund of the Central Government on or before 16thNovember,2019and1stMay,2020respectivelypursuanttotheprovisionsofSection124oftheCompaniesAct,2013.Accordingly,correspondingsharesonwhichdividendhasnotbeenpaidorclaimedfor7(seven)consecutiveyearsshallalsobeliabletobetransferredtotheaccountofIEPF.

12. Members,whohavenotregisteredtheirNECSMandate,arerequestedtosendtheirNECSMandateFormtotheRTA/InvestorServiceDepartmentoftheCompanyortotheirDP,asthecasemaybe.Foranychangeinbankparticularsduetobankhadmigratedtheiroperationstocorebankingsolutions,MembersarerequestedtoregisterafreshNECSMandatewiththerevisedbankparticulars.

13. MembersholdingsharesinmultiplefoliosinphysicalmodearerequestedtoapplyforconsolidationtotheCompanyoritsRegistrar&TransferAgent(RTA)alongwithrelevantShareCertificates.

14. seBi has notified the seBi (listing obligations and disclosure requirements) (fourth Amendment) regulations, 2018 on June 8, 2018 to permit transfer of listed securities only in the dematerialized form with a depository. in view of the above, shareholders holding shares in physical form, are advised to dematerialize their shares.

15. Members,holdingsharesinphysicalform,mayavailthefacilityofnominationintermsofSection72oftheCompaniesAct,2013bynominatingintheForm-SH13asprescribedintheCompanies(ShareCapital&Debentures)Rule,2014,anypersontowhomtheirsharesintheCompanyshallvestonoccurrenceofeventstatedintheForm.PersonsholdingsharesinphysicalformmaysendForm-SH13induplicatetoRTAoftheCompany.Incaseofsharesheldindematerializedform,thenominationhastobelodgedwiththerespectiveDP.

16. Membersarerequestedtonotifyimmediatelyanychangeofaddress:

i. totheirDPinrespectofsharesheldindematerializedform,and

ii. to theCompanyat itsRegisteredOfficeor to itsRTA inrespectof theirphysicalshares, ifany,quotingtheir folionumber.

17. Membersdesirousofgettingany informationonany itemsofbusinessproposed tobe transactedat thisMeetingarerequestedtoaddresstheirqueriestoCompanySecretaryoftheCompanyattheregisteredofficeofthecompanyatleasttendayspriortothedateofthemeeting,sothattheinformationrequiredcanbemadereadilyavailableatthemeeting.

18. Annuallistingfeefortheyear2019-20hasbeenpaidtoallStockExchangeswhereinsharesoftheCompanyarelisted.Also,theAnnualCustodianFeefortheyear2019-20waspaidtobothDepositoriesi.e.CentralDepositoryServices(India)LimitedandNationalSecuritiesDepositoryLimited.

19. Pursuant toSection139of theCompaniesAct,2013, theAuditorsofaGovernmentCompanyaretobeappointedor re-appointedbytheComptrollerandAuditorGeneralofIndia(C&AG)andpursuanttoSection142oftheCompaniesAct,2013,theirremunerationistobefixedbytheCompanyintheAnnualGeneralMeetingorinsuchmannerastheCompanyingeneralmeetingmaydetermine.TheMembersoftheCompany,in42ndAnnualGeneralMeetingheldonSeptember20,2018,hadauthorizedtheBoardofDirectorstofixtheremunerationofStatutoryAuditorsforthefinancialyear2018-19.Accordingly,theBoardofDirectorshasfixedauditfeeofRs.1,77,10,000/-(RupeesOneCroreSeventySevenLakhTenThousandonly)fortheStatutoryAuditorsforthefinancialyear2018-19inadditiontoapplicableGSTandreimbursementofactualtravelingandout-of-pocketexpensesforvisitstoaccountingunits.TheStatutoryAuditorsoftheCompanyfortheyear2019-20areyet tobeappointedby theC&AG.Accordingly, theMembersmayauthorize theBoard to fixanappropriateremunerationofStatutoryAuditorsasmaybedeemedfitbytheBoardfortheyear2019-20.

20. NoneoftheDirectorsoftheCompanyisinanywayrelatedwitheachother.

21. AlldocumentsreferredtointheaccompanyingnoticeareopenforinspectionattheregisteredofficeoftheCompanyon

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allworkingdays(barringSaturdayandSunday)between11.00a.m.to1.00p.m.priortotheAnnualGeneralMeeting.

22. Tosupportthe‘GreenInitiative’,Memberswhohavenotregisteredtheire-mailaddressesarerequestedtoregisterthesamewithDepositories/RTA.members who have not registered their e-mail addresses so far or who want to update their e-mail address, are requested to approach their respective dp (for electronic holding) or with rtA/ Company (for physical holding), for receiving all communication including Annual report, notices, Circulars, neCs intimation etc. of the Company electronically.

23. TheNoticeoftheAGMalongwiththeAnnualReport2018-19isbeingsentbyelectronicmodetothoseMemberswhosee-mailaddressesareregisteredwiththeCompany/Depositories,unlessanyMemberhasrequestedforaphysicalcopyofthesame.ForMemberswhohavenotregisteredtheire-mailaddresses,physicalcopiesarebeingsentbythepermittedmode.

24. IncompliancewithprovisionsofRegulation44oftheSEBI(ListingObligationsandDisclosureRequirements)Regulations2015aswellasSection108oftheCompaniesAct,2013readwiththeCompanies(ManagementandAdministration)Rules,2014,theCompanyisofferingremoteE-votingfacilitytoalltheShareholdersoftheCompanyinrespectofitemstobetransactedat thisAnnualGeneralMeeting.User IDandPassword including instructions fore-votingaregivenoverleafofProxyform.Allmembersarerequestedtoreadthoseinstructionscarefullybeforecastingtheire-vote.OncethevoteonaresolutioniscastbyaMember,theMembershallnotbeallowedtochangeitsubsequently.Further,theMemberswhohavecasttheirvoteelectronicallyshallnotbeallowedtovoteagainattheMeeting.Memberswhohavenotvotedelectronicallycancasttheirvoteatthemeeting.

25. in compliance with the provisions of regulation 44(6) of the seBi (listing obligations and disclosure requirements) regulations, 2015, the Company shall provide live webcast of proceedings of Agm from 10.30 A.m. onwards till the conclusion of the meeting on wednesday, August 21, 2019 on the nsdl website. you may access the same at https://www.evoting.nsdl.com by using your remote e-voting credentials. the link will be available in shareholder login where the even of Company will be displayed.

26. MembersandProxyholdersmaypleasecarryphoto-IDcardforidentification/verificationpurposes.

27. RouteMapforvenueofthemeetingisenclosed.

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Annexure to notice of Agm

eXplAnAtory stAtement

item no. 5

ShriAnuragAgarwal(DIN:01360908),wasappointedasGovernmentNomineeDirectoroftheCompanybythePresidentofIndiavideletterNo.20/08/2016-Coord.(Pt-V)dated7thJune2019andwasaccordinglyappointedasAdditionalDirectorw.e.f.1stJuly2019,toholdofficeuptothisAnnualGeneralMeeting.ShriAnuragAgarwal,ifappointed,shallnotbeliabletoretirebyrotation.

Hisbriefresume,inter-alia,givingnatureofexpertiseinspecificfunctionalarea,shareholdingintheCompany,otherDirectorship,Membership/ChairmanshipofCommitteesandotherparticularsareenclosedwiththisnotice.

Noneof theDirectors, KeyManagerial Personnel of the Company or their relatives except Shri AnuragAgarwal, is in anyway,concernedorinterested,financiallyorotherwise,intheresolution.

TheBoardrecommendstheresolutionforyourapproval.

item no. 6

InpursuanceofArticle40/41oftheArticlesofAssociationofNTPCLtd.,MinistryofPoweractingonbehalfofthePresidentofIndiahadappointedDr.GauriTrivedi(DIN:06502788)asNon-Officialpart-timeDirectori.e.IndependentDirectoroftheCompanyvideletterNo.08/06/2013-Th-Idated16thNovember,2015foraperiodofthreeyears.Hertenureofappointmentwascompletedon 15thNovember,2018.Subsequently,PresidentofIndiavideMinistryofPower,letterno.20/6/2017-Coorddated22ndNovember,2018,re-appointedDr.GauriTrivediasNon-officialIndependentDirectorontheBoardofNTPCforaperiodofoneyearw.e.f.thedateofcompletionofherexistingtenure,oruntilfurtherorders,whicheverisearlier.Accordingly,Dr.GauriTrivediwasappointedasAdditionalDirectorw.e.f.16thNovember2018subjecttoapprovalofshareholdersinGeneralMeetingaspertheprovisionsofSection149(10)oftheCompaniesAct,2013.AppointmentofDr.GauriTrivediwasalsorecommendedbytheNomination&RemunerationCommitteeoftheBoard.

Herbriefresume,inter-alia,givingnatureofexpertiseinspecificfunctionalarea,shareholdingintheCompany,otherDirectorship,Membership/ Chairperson of Committees and other particulars are provided elsewhere, which forms part of this notice. Dr.GauriTrivedihaswideexperienceintheareaofPublicAdministration,AcademicsandManagement.HerassociationwouldbeofimmensebenefittotheCompany.Accordingly,itisproposedtoappointDr.GauriTrivediasanIndependentDirector.Dr.GauriTrivedihasgivenadeclarationtotheeffectthatshemeetsthecriteriaofIndependenceasprescribedunderSection149oftheCompaniesAct,2013,readwiththeCompanies(AppointmentandQualificationsofDirectors)Rules,2014andRegulation16oftheSEBI(ListingObligationsandDisclosureRequirements)Regulations,2015.

NoneoftheDirectorsorKeyManagerialPersonneloftheCompanyortheirrelativesexceptDr.GauriTrivedi,isinanyway,concernedorinterested,financiallyorotherwise,inthespecialresolution.

TheBoardrecommendstheresolutionforyourapproval.

item no. 7

NTPC is India’s largest energyconglomerateandaMaharatnaCompanyhavingpresence in theentire valuechainof thepowergenerationbusiness.NTPCisprimarilyengagedinthebusinessofgenerationofelectricityfromthermal,hydroorRenewableenergysources.TheCompanyhasinstalledcapacityof55,126MW(includinggenerationfromsubsidiaries&jointventures)ason31st March 2019.Tostrengthenitscorebusiness,theCompanyhasdiversifiedintothefieldsofCoalMining,Consultancy,Ashutilizationetc.TheCompanyisinrapidcapacityadditionmode.Theprojects,exceptrenewableenergyprojects,oftheCompanyaretobefinancedbydebt&equity intheratioof70:30.RenewableEnergyProjectsarefinancedbydebt&equity intheratioof80:20.ThemainconstituentsoftheCompany’sborrowingsaregenerallyintheformofbonds/debentures,rupeetermloansfrombanksandfinancialinstitutions,foreigncurrencyborrowings,foreigncurrencybondsetc.

As per the requirements of Section 180(1)(c) of the Companies Act, 2013, the shareholders of the Company by a specialresolutionpassed throughPostalballoton5th September,2014hadauthorizedBoardofDirectors toborrowuptoRs.1,50,000Crore i.e. in excess of paid up share capital and free reserves. Keeping in view of fund requirements of the Company due tocapacity addition programme, the limit of Rs. 1,50,000 Crore is required to be increased. As per estimates, on the basis ofcapitaloutlayenvisaged,theproposeddebtrequirementofbothongoingprojectsandnewprojectsupto2022willbeapprox. Rs.2,00,000Crore,whichwillexceedpaidupsharecapital,freereservesandsecuritiespremiumoftheCompany.

Inviewoftheabove,approvaloftheShareholdersoftheCompanyisbeingsoughtbywayofSpecialResolution(s),forauthorizingtheBoardofDirectorstoborrowmoneyfromtimetotime,exceedingthepaidupsharecapitaloftheCompany,itsfreereservesand

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sharepremiumprovidedthattotalamountsoborrowed(apartfromthetemporaryloansobtainedfromthebankersoftheCompanyintheordinarycourseofbusiness)shallnotatanytimeexceedRs.2,00,000Crore.

TheBoardofDirectorsoftheCompany,inits471stMeetingheldon3rd May,2019,hadapprovedtheaboveproposalandrecommendedtheproposalforapprovalofshareholders.

TheDirectorsorKeyManagerialPersonnelortheirrelativesdonothaveanyconcernorinterest,financialorotherwise,inpassingofthesaidSpecialResolution,excepttotheextentoftheirshareholdingintheCompany.

item no. 8

IntermsoftheprovisionsofSection180(1)(a)oftheCompaniesAct,2013,aCompanycannotsell,leaseorotherwisedisposeoffthewholeorsubstantiallythewholeoftheundertakingorundertakingsoftheCompanywithouttheconsentoftheShareholdersoftheCompanybywayofaSpecialResolution.

AstheCompanyisunderarapidcapacityexpansionmode,largeportionofcapitalexpenditurerequirementoftheCompanyhastobefundedbydebt.Theraisingoffundsthroughdebtusuallyrequirescreationofsecurityontheimmovable/movableproperties,presentorfuture,oftheCompanyinfavouroflenders.Ascreationofcharge/mortgagetantamounttootherwisedisposingofftheundertakingsoftheCompany,itshallbenecessarytopassaSpecialResolutionunderSection180(1)(a)oftheCompaniesAct,2013.

TheBoardofDirectorsoftheCompany,inits471stMeetingheldon3rdMay,2019,hadapprovedtheaboveproposalandrecommendedtheproposalforapprovalofshareholders.

TheDirectorsorKeyManagerialPersonnelortheirrelativesdonothaveanyconcernorinterest,financialorotherwise,inpassingofthesaidSpecialResolution,excepttotheextentoftheirshareholdingintheCompany.

item no. 9

BasedonrecommendationofAuditCommittee,appointmentofCostAuditorsfortheFinancialyear2019-20wasdecidedbytheBoardofDirectorsontheoutcomesofExpressionofInterest(EOI).TotalfeeofRs.37,21,250/-(Rupeesthirtysevenlacstwentyonethousandtwohundredfiftyonly)excludingstatutorylevies,ispayableforcostauditfortheFinancialyear2019-20asapprovedbytheBoardofDirectorsinitsmeetingheldon1stJuly,2019.Thefeestructureforcostauditisbroadlybasedonstationcapacityandnumberofstations.

AsperRule14ofCompanies(AuditandAuditors)Rules,2014readwithsection148(3)oftheCompaniesAct,2013,theremunerationasrecommendedbytheAuditCommitteeshallbeconsideredandapprovedbytheBoardofDirectorsandratifiedsubsequentlybythe shareholders.

Accordingly,membersarerequestedtoratifytheremunerationpayabletotheCostAuditorsforthefinancialyear2019-20.

TheBoardofDirectorsoftheCompany,inits473rd Meeting held on 1stJuly,2019,hadapprovedtheaboveproposalandrecommendedtheproposalforratificationbytheShareholders.

TheDirectorsorKeyManagerialPersonnelortheirrelativesdonothaveanyconcernorinterest,financialorotherwise,inpassingofthesaidSpecialResolution,excepttotheextentoftheirshareholdingintheCompany.

item no. 10

TheCompanyisthelargestpowerproducerinIndiawithinstalledcapacityof55,126MW(includinggenerationfromsubsidiaries&jointventures)ason31stMarch,2019.TheprojectsoftheCompany(exceptRenewableEnergyProjects)aretobefinancedbydebt&equityintheratioof70:30.RenewableEnergyProjectsaretobefinancedbydebt&equityintheratioof80:20.AstheCompanyisunderarapidcapacityexpansionmode,majorportionofcapitalexpenditurerequirementoftheCompanyhastobefundedbydebt.TheCompanyborrowsintheformofnon-convertiblebonds/debentures,rupeetermloansfrombanksandfinancial institutions,foreigncurrencyborrowings,foreigncurrencybondsetc.Thenon-convertiblebonds/debenturesareraisedbytheCompanyunderpublicissuerouteorthroughprivateplacementbasis.

Inadditiontocapitalexpenditurerequirementasexplainedabove,Companyalsoneedstoborrowformeetingitsworkingcapitalrequirementandothergeneralcorporatepurposewhichispartlyproposedtobemetthroughissuanceofnon-convertiblebonds.

TheprovisionsofSection42ofCompaniesAct,2013readwithRule14(1)oftheCompanies(ProspectusandAllotmentofSecurities)Rules,2014requiretheCompanytoseekaSpecialResolutionfromitsshareholdersforraisingtheNCDsonprivateplacementbasis.However,incaseofofferorinvitationfor“non-convertibledebentures”,itshallbesufficient,iftheCompanypassesapreviousSpecialResolutiononlyonceinayearforalltheoffersorinvitationsforsuchdebenturesduringtheyear.

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Inviewoftheabove,approvaloftheShareholdersoftheCompanyisbeingsoughttoauthorizetheBoardofDirectorstomakeoffer(s)or invitation(s)tosubscribetothesecured/unsecured,redeemable,taxable/tax-free,cumulative/non-cumulative,non-convertibledebentures(“Bonds”)uptoRs.15,000Croreinoneormoretranches/seriesnotexceeding30(thirty),throughprivateplacement,indomesticmarketforcapex,workingcapitalandgeneralcorporatepurposesduringtheperiodcommencingfromthedateofpassingofSpecialResolutiontillcompletionofoneyearthereoforthedateofnextAnnualGeneralMeetinginthefinancialyear2020-21whicheverisearlier,subjecttoceilingapprovedbytheshareholdersunderSection180(1)(c)ofCompaniesAct,2013.

TheBoardofDirectorsoftheCompany,inits473rd Meeting held on 1stJuly2019,hadapprovedtheproposalandrecommendsthepassingoftheproposedSpecialResolution.

TheDirectorsorkeymanagerialpersonnelortheirrelativesdonothaveconcernorinterest,financialorotherwise,inpassingofthesaidSpecialResolution,excepttotheextentoftheirshareholdingintheCompany.

ByorderoftheBoardofDirectors

(nandini sarkar) Company secretary

place: NewDelhi date: 8thJuly,2019

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Brief resume of director seeking appointment/reappointment:

name shri A.K. gupta shri Anurag Agarwal dr. gauri trivedi

date of Birth & Age 15/07/1960 59Years

11/03/1966 53Years

18/05/1960 59Years

date of Appointment 03/02/2017 01/07/2019 16/11/2018

Qualifications GraduateinElectricalEngineering B.Tech(Mechanical),IITKanpur M.A.(PoliticalScience)fromJNU,Delhi,M.Phil(SovietStudies),JNU,Delhi,DoctorateinPhilosophyfromInstituteofSocial&EconomicChange,BangaloreandInstituteofDevelopmentStudies,MysoreandPGPPMfromIndianInstituteofManagement(IIM),Bangalore.

expertise in specific functional area

Shri A.K. Gupta was appointed as Director(Commercial) w.e.f. 3rd February, 2017.Before joining as Director (Commercial)duringhiscareerofover38years,heheadedvarious departments including Commercial,Business Development and Engineering. Hemade major contributions in developmentof international business for NTPC, evolvingcommercial strategies for changing businessscenario,developmentofnewprojectsandimprovingplantoperations.

Shri Anurag Agarwal is an IndianAdministrative Service Officer ofPunjab Cadre (1990 Batch). He ispresently working as AdditionalSecreatry & Financial Advisor,MinistryofPower.

Dr. Gauri Trivedi had heldnumber of administrative postsin Karnataka. She had also beenGeneral Manager (Handloom &Handicrafts Export Corporation),DirectorofTeaPromotion(WANA),Managing Director (HESCOM),a power distribution company,ManagingDirector(KarnatakaStateFood&CivilSuppliesCorporation),SecretarytoGovernment,RevenueDepartment, Govt. of Karnatakaand Secretary to theGovernor ofKarnataka. She had been guestfaculty in a number of reputedinstitutes teaching governance,public policy, rural planning andmanagement.

directorship held in other companies

1.NTPCGEPowerServices(P)Ltd.-Part–TimeChairman2. PTC India Limited- Part – Time NomineeDirector(Listed)3.Nabinagar Power Generating Co. Ltd.-PartTime Chairman4.BhartiyaRailBijleeCompanyLtd.-PartTimeChairman5. Trincomalee Power Co. Ltd.-Part TimeDirector(ForeignCompany)

Power Grid Corporation of IndiaLimited - Govt. Nominee Director(Listed)

1.SintexPlasticLimited(Listed)2.DenisChemLabLimited(Listed)3.AdaniPowerLimited(Listed)4.EnergyEfficiencyServicesLimited(Listed)5.Sintex-BAPLLimited6.UdupiPowerCorporationLimited

memberships/ Chairmanship of Committees across all public Companies*

NIL NIL Audit Committee:1.NTPCLimited–Chairperson

stakeholders’ relationship Committee:1.EnergyEfficiencyServicesLimited-Member

no. of shares held in ntpC limited as on 31.03.2019

7224 NIL NIL

Attendance in Board meetings during fy 2018-19

No.ofMeetingsduringFY2018-19=12 No.ofMeetingsattended=12

N.A. No.ofMeetingsduring FY2018-19=12No.ofMeetingsattended=8

*InlinewithRegulation26ofSEBI(ListingObligationsandDisclosureRequirements)Regulations2015,membershipoftheAuditCommitteeandStakeholders’RelationshipCommitteehaveonlybeentakenintoconsideration.

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northern region 7653 47643

Singrauli Coal 2000 14798Rihand Coal 3000 22687Unchahar Coal 1550 7241Tanda Coal 440 2372Auraiya Gas 663 545dBf 3081 14194DadriCoal Coal 1820 10534Badarpur Coal 0 1400DadriGas Gas 830 1662Faridabad Gas 432 597western region 17313 100547Mouda Coal 2320 11880Korba Coal 2600 20083Vindhyachal** Coal 4760 37539Sipat Coal 2980 23907Solapur Coal 1320 1944Lara Coal 800 270Gadarwara Coal 800 299Anta Gas 419 551Kawas Gas 656 2499Gandhar Gas 657 1574southern region 7360 38564Ramagundam Coal 2600 18548Simhadri Coal 2000 12449Kudgi Coal 2400 7566RajivGandhiCCP LiquidFuel 360 1eastern region 10190 68957Farakka Coal 2100 14846Kahalgaon Coal 2340 16486

Barh Coal 1320 9845Barauni Coal 220 0Talcher Kaniha Coal 3000 21242Talcher Thermal Coal 460 3605Bongaigaon Coal 750 2932hydro region 800 3014KoldamHydro Water 800 3014total*** 46397 272918

*Ason31.03.2019**AsperNTPC,regionallocationofVindhyachalisNorthernRegion***Excludes1425.21MUSolarPowerGenerationand870MWCapacity,97.59MUWindGenerationand50MWCapacity,13.74MUSmallHydroand8MWCapacity.

stAtion - wise generAtion 2018-19

fuel typestation *gross Capacity (mw) *gross Capacity (mw)

share of installed Capacity(as on 31st march 2019)

share of electricity generated (fy 2018-19)

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(` Crore)

2018-19# 2017-18# 2016-17# 2015-16# 2014-15^ A revenue Revenuefromoperations 90,307.43 83,452.70 78,273.44 70,843.81 73,236.94 Otherincome 1,872.13 1,755.25 1,068.86 1,165.35 2,100.42 total revenue 92,179.56 85,207.95 79,342.30 72,009.16 75,337.36 B expenses Fuel 52,493.74 48,315.47 47,572.19 43,798.59 48,833.57 Energypurchasedfortrading 2,713.68 1,313.51 - - - Employeebenefitsexpense 4,779.89 4,734.67 4,324.60 3,581.65 3,620.71 Otherexpenses 7,548.63 7,421.73 5,092.38 5,576.49 4,911.28 Priorperioditems(net) - - - - (333.83) profit before depreciation, finance cost and tax 24,643.62 23,422.57 22,353.13 19,052.43 18,305.63 Depreciation,amortizationandimpairmentexpense 7,254.36 7,098.86 5,920.82 5,172.34 4,911.65 profit before finance cost and tax 17,389.26 16,323.71 16,432.31 13,880.09 13,393.98 Financecosts 4,716.74 3,984.25 3,597.20 3,296.41 2,743.62 profit before exceptional items tax and regulatory

deferral account balances 12,672.52 12,339.46 12,835.11 10,583.68 10,650.36 ExceptionalItems(+)income/(-)loss - - (782.95) - - profit before tax 12,672.52 12,339.46 12,052.16 10,583.68 10,650.36 TotalTaxexpense (2,918.71) 5,257.14 2,930.82 (173.83) 255.79 profit for the year before regulatory deferral account balances 15,591.23 7,082.32 9,121.34 10,757.51 10,394.57 Netmovementinregulatorydeferralaccountbalances (netoftax)** (3,841.34) 3,260.85 263.92 12.09 (103.71) profit for the year 11,749.89 10,343.17 9,385.26 10,769.60 10,290.86 Othercomprehensiveincome/(expense)fortheyear (netofincometax) (201.87) (14.48) (203.38) (58.63) - total comprehensive income for the year 11,548.02 10,328.69 9,181.88 10,710.97 10,290.86 Dividend 4,922.55 4,040.28 3,595.03 2,762.24 2,061.38 Dividendtax 1,000.49 816.40 727.79 562.32 417.40 Retainedprofit 5,826.85 5,486.49 5,062.44 7,445.04 7,812.08C Assets Property,plant&equipment 1,25,290.68 1,19,427.57 97,443.34 91,499.36 78,153.38 Capitalwork-in-progress 90,808.89 78,606.91 81,921.82 66,205.59 56,463.11 Intangibleassets 329.94 331.60 293.02 273.89 262.16 Intangibleassetsunderdevelopment 397.80 469.36 434.63 217.61 30.38 TotalFixedAssets(Netblock) 2,16,827.31 1,98,835.44 1,80,092.81 1,58,196.45 1,34,909.03 InvestmentsinSubsidiaries,JVs&Others(Non-current) 13,145.94 10,047.48 8,248.11 8,014.32 7,239.15 Othernon-currentfinancialassets 1,968.67 2,288.53 2,440.36 1,534.30 1,449.94 Othernon-currentassets 13,269.30 11,547.73 16,852.53 17,636.80 16,343.85 Currentassets 42,260.55 36,731.25 28,420.85 29,756.45 37,228.29 Regulatorydeferralaccountdebitbalances 3,406.00 8,381.66 5,450.67 - - total Assets 2,90,877.77 2,67,832.09 2,41,505.33 2,15,138.32 1,97,170.26 d liabilities Borrowings Non-currentborrowings 1,19,698.08 1,08,697.60 97,339.28 85,096.95 78,564.51 Currentmaturitiesofnon-currentborrowings 7,732.40 6,406.69 6,500.37 6,730.79 7,466.17 Totalborrowings 1,27,430.48 1,15,104.29 1,03,839.65 91,827.74 86,030.68 OtherNon-currentliabilities 6,151.34 12,716.06 9,153.62 4,645.94 4,311.98 Currentliabilities 55,480.81 42,554.76 36,177.32 31,758.74 28,785.96 Less:Currentmaturitiesofnon-currentborrowings 7,732.40 6,406.69 6,500.37 6,730.79 7,466.17 NetCurrentliabilities 47,748.41 36,148.07 29,676.95 25,027.95 21,319.79 DeferredRevenue 2,139.37 2,085.90 2,121.14 2,047.34 1,369.97 Regulatorydeferralaccountcreditbalances - - 482.74 295.65 307.74e net-worth Equity 9,894.56 8,245.46 8,245.46 8,245.46 8,245.46 OtherEquity 97,513.61 93,532.31 87,985.77 83,048.24 75,584.64 Networth 1,07,408.17 1,01,777.77 96,231.23 91,293.70 83,830.10 NetworthexcludingFlyashutilisationreservefund&

Corporatesocialresponsibility(CSR)reserve 106,771.54 101,146.56 95,674.55 90,815.49 83,350.66 total liabilities 2,90,877.77 2,67,832.09 2,41,505.33 2,15,138.32 1,97,170.26 f Capital employed (other than related to under construction

projects) 1,31,354.03 1,19,711.03 1,00,757.21 94,930.73 94,740.61g value added 33,570.80 31,163.69 29,159.02 27,439.65 25,089.64h number of shares @ 9,89,45,57,2809,89,45,57,2809,89,45,57,2809,89,45,57,280 9,89,45,57,280i number of employees 18,359 19,739 20,593 21,633 22,496J ratios Returnoncapitalemployed(%) 12.51 11.52 13.39 14.56 13.68 Returnonnetworth(%) 16.72 15.14 17.68 19.56 16.78 BookvalueperShare(`) 108.55 102.86 97.26 92.27 84.72 Earningspershare(`) 11.88 10.45 9.49 10.88 10.40 Currentratio 0.76 0.86 0.79 0.94 1.29 Debttoequity 1.19 1.14 1.09 1.01 1.03 Valueaddedperemployee(`crore) 1.83 1.58 1.42 1.27 1.12

#Balance-Sheet&P&LfiguresforFY2015-16,2016-17,2017-18&2018-19areasperIndAS. ^ForFY2014-15Balance-SheetfiguresareasperIndASwhileP&LfiguresareasperpreviousGAAP.@DuringFY2018-19164,90,92,880bonusshareshavebeenissued.Numberofsharesforallpreviousyearshavebeenchangedaccordinglyforcomparability. *Standalone **NetmovementsinregulatorydeferralaccountbalanceshavebeenshownnetoftaxforFY2016-17,2017-18&2018-19. FiguresforFY2016-17&2017-18havebeenrestated.

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shri gurdeep singh, (din: 00307037), (aged 54 years),tookoverasChairman&ManagingDirectoron4thFebruary2016.

Hehasanillustriouscareerspanningoverthreedecadesinthepowersector.Hestartedhiscareer in1987asanEngineerTraineewithNTPCandhasworkedhiswaythroughvariousranksinbothpublicandprivatesectors.HehasworkedatCxO/SeniorpositionsinIndiancompanies (GSECL, IDFCandCESC)aswellas inmulti-nationalcompanies (PowerGen,CLPandAES).Hiswiderangingexperienceentailingallaspectsofpowergenerationbusiness,indifferentorganisationsandcrossculturalenvironment,hasprovidedhimwiththeuniqueabilitytodealwithintricateandcomplexissuesofpowersector.

PriortojoiningNTPC,hewasManagingDirectorofGujaratStateElectricityCompany(GSECL).His sustained focusoncost reductionresulted inconceptualisationofcoal swappingandfreightrationalisationmuchaheadoftime.HisvisionaryleadershiptransformedGSECLandmadethecompanyhighlycost-competitiveandforwardlooking.

He graduated in mechanical engineering from NIT Kurukshetra and has undergoneManagementEducationProgram from IIMAhmedabad.Hehasalso receivedmanagementandleadershiptraininginputsfromglobalinstitutionslikeSaïdBusinessSchool-Oxford(UK),Harvard-KennedySchool (USA),DardenSchoolofManagement -Virginia (USA),SingaporeCivilServicesCollege(Singapore)andISBHyderabad(India)etc.

He firmly believes that the key to excellence is occupational health and safety,employeeempowerment, capability augmentation and process optimization. He has placed greateremphasison global exposure toNTPCexecutives tomake them ready for futurebusinesschallenges.

He has launched a series of initiatives to sustain NTPC’s growth and bring about culturalchanges necessary to maintain NTPC’s position as a leading global power company. Histhrustonminimizingenvironmentalfootprint,maximizingsustainabilityeffortsandafocussedapproach of ‘Low Cost Low Emission’ aligns with India’s ambitious target of cleaner andaffordablepowerforall.

saptarshi roy, (din:03584600), (aged 59 years), a firmbeliever in institutionalizing thebestpractices and implementationof innovative initiatives, has a notabledistinctionof having acareer,whichhasanexcellentblendoftechnicalandpeoplemanagement.Hiscareerspanningover 37 years, encompasses the erection, commissioning&operationofpowerplants andhuman resourcemanagement. Shri Roy (59 years) a graduate in Electrical Engineering fromVisvesvarayaNationalInstituteofTechnology(erstwhileRegionalEngineeringCollege),Nagpur,joinedNTPCasEngineeringExecutiveTraineein1980.

HehastakenoverthechargeofDirector(HumanResources),NTPCLimitedwitheffectfromforenoonof1stNovember2016.

A thorough professional Shri Roy has been instrumental in introducing various pioneeringHR initiatives intheareasoftalentacquisition,employeewelfare, industrialrelations,wagesand superannuationbenefits.Hemadeparticipativemanagement a corner stoneofNTPC’ssuccessful ‘Industrial Relations Framework’ and introduced a number of novel methods ofemployee engagement.

AnoutstandingcontributionofShriRoy inNTPC’smarchtowardsexcellenceisto leadfromfrontinthetakeoverandturnaroundofpowerstations,runningatabysmallylowperformancelevel, in the statesofOdisha andUttar Pradesh from theerstwhile State Electricity Boards.ThroughhisinnovativeHRinitiativesandtrustbuilding,thesepowerplantstodayareamongthebestinthecountry.Heplayedacriticalroleinmanagingtransitionandpeopleintegrationissues during the process.

Priortoassuminghiscurrentrole,hewastheRegionalheadofNTPC’sNorthernRegion,EasternRegion-I,ED(CorporatePlanning&CorporateCommunications)andEDtoCMD.HealsoledateamofWorldEnergyCouncil,India(WEC-India)secretariat.

AsDirector(HumanResources),heisresponsiblefortheactivitiesrelatingtoHumanResourceManagementofNTPCi.e. leadershipidentificationandgrooming,talentmanagement,careerdevelopment of employees, performance management system and other organizationaldevelopment interventions. In addition, he also oversees the functioning of Security,MedicalServices,BusinessExcellence,CorporateCommunications,CSR,R&RandSustainableDevelopment.

direCtors’ profile

Chairman & managing director

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shri susanta Kumar roy (din: 07940997), (aged 59 years), isaMechanicalEngineeringGraduate.HejoinedNTPCin1981asExecutiveTrainee.Heishavingmorethan37yearsofexperiencein largesizecoalpowerstations in theareaofoperation,maintenance,commissioningandproject construction. He has worked at different large thermal stations Korba, Unchahar,Singrauli,RihandandVindhyachalofNTPCinvariouscapacities.HewasassociatedasBusinessUnitHeadinmanaginglargestpowerstationofthecountryatVindhyachal.

HehasalsoworkedasExecutiveDirector(OperationServices)atCorporateCentrelookingafterthermal,hydroandrenewableenergygenerationofNTPCincludingSubsidiary/JointVenturecompanies.

AsDirector(Projects),heisresponsibleforoverallplanningandexecutionofunderconstructionThermalandHydroprojectsofNTPCandSubsidiary/JointVenturecompanies.director (projects)

director (Commercial)

shri Anand Kumar gupta (din: 07269906), (aged 59 years), an electrical engineering graduate fromMNIT,Allahabad,joinedNTPCin1980asExecutiveTrainee(5thBatch).Hehasanillustriouscareer,spanningover38years,inNTPCwhichentailsallareasofpowergenerationbusinessviz.engineering&designofpowerprojects,plantoperationsandMaintenance,marketing&businessdevelopmentandcommercial&regulatoryaffairs.

As head of engineering division, Sh. Gupta was responsible for selection of technologies,investmentdecisionsfornewprojects,completeengineeringofpowerprojectsincludingqualityassuranceandoperationssupportforcompleteportfolioofNTPCstationsi.e.Thermal,Hydroandrenewableprojects.Hewasamemberofstandingcommitteeontransmissionplanningandwasinstrumentalinintroductionof765KVtransmissionvoltageinIndiaandtheveryfirst765KVsubstationofthecountry.

Sh.GuptaheadedtheOperationandMaintenanceteamatUnchaharandwasinstrumentalinimplementingmanyinnovativestrategiesofplantoperations&maintenancephilosophiessuchasBi-annualoverhaul,Activitybasedbudgeting,overhaulingpreparednessindexetc.AsheadofBusinessDevelopment,hecreatedinternationalbusinessforNTPCbysuccessfullynegotiatingwithBangladesh&SriLankagovernmentstosetupNTPCpowerprojectsinjointventuremode.

Sh.GuptahasrepresentedNTPCinmanyinternationalforumslikeCIGREandIEAandwaspartoftheIndiandelegationtoParisfortheCOP21accord.Hehasvisitedmanyinternationalpowerplants, substation installationsandequipmentmanufacturingplants across theglobeand iswellversedwithinternationalbestpractices.Hehasalsoparticipatedinseveralmanagerialandleadershipprogrammesfromthebestglobalinstitutions.

He joined NTPC board in February 2017 as Director (Commercial) and is responsible forcustomer relationship management, marketing of power, payment realization, regulatoryaffairs,developingnewbusinesses,formationofJV’sandsubsidiariesandmanagingconsultancybusinessofNTPC.HeisalsothenominatedownerofminesofNTPCandisIn-chargeofcoalminingdivisionofthecompany.

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director (technical)

director (operations)

shri prasant Kumar mohapatra (din: 07800722), (aged 60 years), graduated in Mechanical EngineeringfromRECRourkelaintheyear1980.HejoinedNTPCin1980asanExecutiveTraineeandhasmorethan39yearsofexperiencefromconcepttocommissioningofpowerplants.Sh.MohapatraservedasBusinessUnitHeadatmanyNTPCstationsi.e.Kawas(656MW),Sipat(2980MW),Kahalgaon(2340MW)&Ramagundam(2600MW).Itwasunderhisleadershipthatthefirstthree660MWsuper-criticalunitsofNTPCwerecommissionedanddeclaredcommercialwithinashortspanof10months.HehadalsoheadedWesternRegion–IIofNTPCasRegionalExecutiveDirectorwherehewasresponsibleforSustainableoperationof5630MWcapacity&Constructionworkof3nos.megasizeprojectsofcapacity4520MWandoneno.solarpowerprojectof250MW.PriortojoiningtheNTPCboardasDirector(Technical),heworkedasED(Technical)attheCorporateCentre.

AsDirector(Technical),ShriMohapatraisresponsibleforinvestmentapprovalofprojects/NewSchemes,Completeengineeringduringthedevelopmentoftheproject,engineeringsupportduringO&MphaseofthestationandengineeringforR&MofNTPC’sagedpowerstationsforenhancinglifeandefficiencyofpowerplant,fortheentireportfolioofNTPCi.e.Thermal,Hydro,Renewable.IncaseofRenewable,hehaswholeresponsibilityi.e.policyadvocacy,businessdevelopment,Projectcontracting,Engineering&Commissioning.

HeisalsoresponsibleforR&DactivitiesthroughNETRA(NTPCEnergyTechnologyandResearchAlliance),informationtechnologyfunctionandEnterpriseResourcePlanning.

ShriMohapatra isalsoChairmanofAravali PowerCompanyPrivateLimited (APCPL)&NTPCVidyutVyaparNigamLimited(NVVN)andPart-TimeDirectorontheBoardofMadhyaPradeshPowerGeneratingCompanyLimited(MPGENCO)andTELK(TransformerandElectricalsKeralaLimited).

shri prakash tiwari, (din: 08003157), (aged 59 years),Director(Operations),isaMechanicalEngineering Graduate from NIT Raipur. He joined NTPC as 6th batch Executive Trainee in1981. He has an illustrious career spanning over 37 years of outstanding contribution inmanagementoflargesizeplantsintheareaofpowerplantoperation&maintenanceandinprojectconstructionasaProfessionalManager,StrategicPlannerandaBusinessLeader.HehasledseveralinitiativesforachievingoperationalexcellenceofPlants.

ShriTiwari’sexperienceinpowersectorincludesmorethan7yearsatseniormanagementlevelasa“BusinessUnitHead”ofNTPCStations i.eUnchahar,KorbaandSolapur.Prior toelevation to thepostofDirector (Operations), hewasworkingas ED (Operations)&waslookingafterallactivitiesrelatedtooperationofNTPCpowerplants.

ShriTiwariisalsoChairmanofNTPCTamilNaduEnergyCompanyLtd.(NTECL)andKantiBijleeUtpadanNigamLtd. (KBUNL).He isPart TimeDirectoron theBoardofWestBengalPowerDevelopmentCorporationLimited(WBPDCL)andpermanentInviteeontheBoardofNorthernCoalfieldsLimited

As Director (Operations), he shall be responsible for overall planning for smooth & safeoperationofallNTPCpowergeneratingstationsofmorethan55000MWcapacityincludingfuelsecurity&environmentcomplianceofallNTPCPowerPlants.

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director (finance)

government nominee director

government nominee director

shri K. sreekant (din: 06615674), (about aged 56 years), isCMAandPGDM(Finance)fromManagementDevelopmentInstitute,Gurgaon.Heiscurrentlywhole-timeDirector(Finance)ofPowerGridCorporationofIndiaLimited(PGCIL)withadditionalchargeofDirector(Finance),NTPCLimited.

Hehasover33yearsofexperienceinthepowersectorintheareaofLongTermFinancialPlanning,InvestmentAppraisals,formulationofCapitalBudgets,ResourceMobilizationfromdomesticandinternationalmarkets,CorporateAccounts,Commercial,regulatoryAffairsandEnterpriseResourcePlanningSystems.

shri vivek Kumar dewangan (din 01377212), (aged 52 years), anIndianAdministrativeService(IAS)OfficerofManipurCadre(1993Batch),isaGoldMedalistinB.E.ElectronicsfromNIT,BhopalandFirstClassP.G.inOpto-Electronics&OpticalCommunicationfromIIT,Delhi.Duringhisillustriouscareerof26yearsasanIASOfficer,hehasheldvariousadministrativepositionsin theareasofFinance,Power,Petroleum&NaturalGas/Energy,Commerce& Industries,Planning,Economics&Statistics,Education/HumanResourceDevelopment,EconomicAffairs,RevenueAdministration,Rural&UrbanDevelopment,Sericulture/Agriculture,Election/Law&JusticeasChiefElectoralOfficer(CEO),Minister’sOffice[CorporateAffairs/Agriculture&FoodProcessingIndustries],DistrictCollector&DistrictMagistrate[Surguja&RaipurDistrictsin Chhattisgarh and Senapati District inManipur], Chief ExecutiveOfficer, Zilla Panchayat,ProjectDirector/DRDA,MunicipalCommissioneretc. Presentassignmentas Joint Secretary(Thermal&InternationalCo-operation)inMinistryofPower,GovernmentofIndia,NewDelhi.

shri Anurag Agarwal (din: 01360908), (age: 53 years), isan IndianAdministrativeServiceOfficerofPunjabCadre(1990Batch),isB.TechfromIIT,Kanpur.HeispresentlyworkingasAdditionalSecretaryandFinancialAdvisor,MinistryofPower.

ShriAnuragAgarwalhasbeenappointedasGovernmentNomineeDirectorontheBoardoftheCompanyw.e.f.1stJuly,2019.

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dr. gauri trivedi, (din: 06502788), (aged 59 years), M.A. (Political Science) from JNU,Delhi,M.Phil(SovietStudies),JNU,Delhi,DoctorateinPhilosophyfromInstituteofSocial&EconomicChange,BangaloreandInstituteofDevelopmentStudies,MysoreandPGPPMfromIndianInstituteofManagement(IIM),Bangalore.Duringherillustriouscareer,shehadheldanumberofadministrativepostsinKarnataka.ShehadalsobeenGeneralManager(Handloom&HandicraftsExportCorporation),Directorof TeaPromotion (WANA),ManagingDirector(HESCOM),apowerdistributionCompany,ManagingDirector(KarnatakaStateFood&CivilSuppliesCorporation),SecretarytoGovernment,RevenueDepartment,Govt.ofKarnatakaandSecretarytotheGovernorofKarnataka.

InAugust2007,Dr.GauriTriveditookVoluntaryRetirementfromtheGovernmentofIndiadueto her personal reasons.

AfterVRS,shewasVicePresidentRRLandDirectorSIRD,Gujarat.Shehadbeenguestfacultyin a number of reputed institutes teaching governance, public policy, rural planning andmanagement.

ShehasdoneaprojectforWorldBankonStreetvendorsandaprojectfortheGovernmentofMPonWomenBeneficialPrograms.

independent director

independent director

shri shashi shekhar, iAs (din: 01747358), (aged 62 years),isB.Sc(Geology)Hons.Heretiredas Secretary ofMinistry ofWater Resources, RiverDevelopment andGanga Rejuvenation.Priortothis,hewasAdditionalSecretaryofMinistryofEnvironmentandForests,Governmentof India.He served as theManagingDirectorof TamilNaduMinerals Limited, TamilNaduTransportDevelopmentFinanceCorporation,TamilNaduUrbanDevelopmentFundandTamilNaduUrbanInfrastructureFinancialServicesLimited.HehadheldvariousseniorpositionsintheStateaswellastheCentralGovernments.HealsoservedasaFinanceCommissionertoraiseextrabudgetaryresourcesfromthemarket.HewasaDirectorandlaterJointSecretaryin theMinistryofPower from1998 to2003,duringwhichperiodheservedasaDirectorGeneralofBureauofEnergyEfficiency(BEE)incharge.HeservedasaWhole-TimeDirectorof PTC India Ltd. from January 25, 2008 to January 17, 2011.He served as a Director ofPowerGridCorporationofIndiaLtd.HeservedasaNon-ExecutiveDirectorofIndianEnergyExchangeLimited.Hehaspresentedpapersonsustainablepowerdevelopmentatvariousinternationalconferences.

independent director

shri subhash Joshi, ips (din: 07946219), (aged 65 years),isB.Sc.(Hons.)inMathematicsandhas graduateDiploma in Business fromCurtinUniversity, PerthAustralia.He joined IndianPoliceService in1976and retired in2014.HeservedasDG,BorderSecurityForce (BSF),DG,NationalSecurityGuard(NSG),SpecialDG,CentralReservePoliceForce(CRPF),DirectorGeneralofPolice,Uttarakhand,AdditionalDG,Intelligence/Security,UttarakhandandmanyotherpostsinUP/UttarakhandandGovernmentofIndia.HisareaofexpertiseincludesHumanResouceManagement,Vigilanceandanti-corruption,TrainingandDevelopment,PublicOrderManagement,BorderManagement,IntelligenceandSecurity,GeneralAdminstration,PublicGrievanceRedressalandLaw.

After retirement he was re-employed by Uttarakhand state government in 2014 asCommissionerRighttoServiceCommissionandhedemittedofficeinFebruary2019.

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independent director

shri pradeep Kumar deb, iAs (din: 03424714), (aged about 66 years),hasaMasterDegreeinPhysicsfromSt.StephensCollege,DelhiUniversity.HestartedhiscareerasaProbationaryofficerintheStateBankofIndiabeforeswitchingtotheIndianAdministrativeServicein1977.Inhis37yearsasanIASofficer,hehadheldanumberofpostsofcrucialimportanceintheStateofRajasthanand inGovernmentof India indiverseareas likeFinanceandTaxation,HumanResources,AgricultureandIrrigation,HomeAffairsamongothers,beforeretiringasSecretary,DepartmentofSports in theGovernmentof India in2013.Prior to thisposting,hewasAdditionalChiefSecretary,HomeAffairsoftheGovernmentofRajasthan.ShriDebconsidersFinanceandHumanResourceDevelopmentashisareasofspecialinterest.

independent director

shri m.p. singh, (din:07937931), (aged 64 years),isM.ComandCharteredAccountant.Hehaswideandvariedexperiencesince1988infinancialandmanagementconsultancyservicesincludingtaxationwork.Heisacriticalanalyticalrevieweroffinancialstatementsandleadsplan in realty.

independent director

shri vinod Kumar, ifs (din: 00955992), (aged 63 years),graduatedin1975withhonoursinBotanyandobtainedhisMastersDegree inBotanyfromBanarasHinduUniversity in1977.HesuperannuatedfromtheIndianForestServiceon30thApril2016astheDirectorofIndiraGandhiNationalForestAcademy(IGNFA)withexperienceofachievementsover38yearsofAdministration,ForestManagement,PolicyAnalysis,Planning,CorporateManagement,TribalDevelopmentandCommunityEmpowerment,ManpowerPlanningandCapacityBuildingwithinnovativecontributionsatOdishaStateinfieldofGovernanceandCapacityBuilding.HehadservedboththeOdishaGovernmentaswellastheUnionGovernmentinvariouscapacities.His area of expertise includes Forest Governance, Biodiversity Management, CommunityDevelopment&LivelihoodsandCapacityBuilding.

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independent director

dr. K.p. Kylasanatha pillay (din:08189583), (aged 63 years), aSeniorAdvocateinSupremeCourt isapostgraduate inEnglish,postgraduate inHistoryandLL.M.Hedidresearch inthe School of Legal Studies, Cochin University of Science and Technology, Kochi andobtainedPh.D.in law.Hestartedpracticeof law in theDistrictandSubordinateCourtsofThiruvananthapuramin1987andlatershiftedtoHighCourtofKeralaatErnakulamin1990.SubsequentlyheshiftedpracticetoDelhiin2005.Presently,heappearsmainlybeforetheHon’bleSupremeCourtofIndia.HehadworkedasPart-timeandvisitingfacultyoftheLawCollegesofdifferentUniversitiesinKeralaatdifferentperiodsoftime.HehadbeenaresourcepersonforthetrainingprogrammeofJudicialOfficersinNationalJudicialAcademy,Bhopal.Now,heisanapprovedGuideforPh.D.intheNationalUniversityforAdvancedLegalStudiesinKochiandtwoAssistantProfessorsaredoingresearchunderhim.HewaselectedtotheBarCouncilofKeralatwiceandforoneterm,hewastheVice-ChairmanoftheBarCouncilofKerala.

HewasdesignatedasaSeniorAdvocatebytheHon’bleHighCourtofKeralain2009.Asalawyer,hehadbeenattendingmattersrelatingtoCivil,Criminal,ConstitutionalandCorporatejurisdiction.HehadconductedanumberofPublic Interest Litigationsbefore theHon’bleHighCourtofKeralaandHon’bleSupremeCourtofIndia.IntheSupremeCourt,hehadbeenonthepaneloflawyersoftheNationalTextileCorporation.HehadalsobeenintheSeniorPanelofCentralGovernmentandMaharashtraGovernmentintheSupremeCourt.Hewasalsoactivelyinvolvedinsocio-politicalorganisationsandhaveheldpositionsofresponsibility.

dr.Bhim singh, (din: 08189580), (aged 63 years), isB.E. (Electrical) from theUniversityofRoorkee,UP,M.Tech. (PowerApparatus& Systems) andPh.D. from the Indian InstituteofTechnologyDelhi.In1983,hejoinedtheDepartmentofElectricalEngineering,UniversityofRoorkee(NowIITRoorkee),asaLecturer.HebecameaReadertherein1988.InDecember1990, he joined the Department of Electrical Engineering, IIT Delhi, India, as an AssistantProfessor,wherehehasbecomeanAssociateProfessor in1994andaProfessor in1997.He hasbeenABB Chair Professor from September 2007 to September 2012.He has alsobeenCEAChairProfessorfromOctober2012toSeptember2017.HehasbeenHeadoftheDepartmentofElectricalEngineeringatIITDelhifromJuly2014toAugust2016.Since,August2016,heistheDean,AcademicsatIITDelhi.HeisJCBoseFellowofDST,GovernmentofIndiasinceDecember2015.

Prof.Singhhasguided79Ph.D.dissertations,and167M.E./M.Tech./M.S.(R)theses.Hehasbeenfiled43patents.Hehasexecutedmorethaneightysponsoredandconsultancyprojects.Hehasco-authoredatextbookonpowerquality,PowerQualityProblemsandMitigationTechniquespublishedbyJohnWiley&SonsLtd.2015.

His areas of interest include solar PV grid interface systems, microgrids, power qualitymonitoringandmitigation,solarPVwaterpumpingsystems,improvedpowerqualityAC-DCconverters, power electronics, electricalmachines,drives, flexible alternating transmissionsystems,andhighvoltagedirectcurrentsystems.

HehasreceivedKhoslaResearchPrizeofUniversityofRoorkeeintheyear1991.HeisrecipientofJCBoseandBimalKBoseawardsofTheInstitutionofElectronicsandTelecommunicationEngineers(IETE)forhiscontributioninthefieldofPowerElectronics.Heisalsoarecipientof Maharashtra State National Award of Indian Society for Technical Education (ISTE) inrecognitionofhisoutstandingresearchworkintheareaofPowerQuality.HehasreceivedPES Delhi Chapter Outstanding Engineer Award for the year 2006. Professor Singh hasreceivedKhoslaNationalResearchAwardofIITRoorkeeintheyear2013.HeisarecipientofShriOmPrakashBhasinAward-2014inthefieldofEngineeringincludingEnergy&Aerospace.ProfessorSinghhasreceivedIEEEPESNariHingoraniCustomPowerAward-2017.Heisalsoa recipientof “FacultyResearchAwardasaMostOutstandingResearcher” in the fieldofEngineering-2018ofCareers-360,India.

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