India's Top 10 Most Valued Firms



8.NTPC

NTPC Limited (previously known as National Thermal Power Corporation) is ranked at number five with m-cap of 1,37,740 crore. It is at 348 positions in the Forbes Global 2000 list. It is the largest Indian state-owned electric utilities company headquartered at New Delhi, India. The Indian public sector company is listed on the Bombay Stock Exchange in which at present the Government of India holds 84.5 percent of its equity. NTPC's central business is engineering, construction and operation of power generating plants and providing consultancy to power utilities in India and abroad. With a current generating capacity of 39,174 MW, NTPC has embarked on plans to become a 75,000 MW company by 2017. It was founded on 7 November 1975. NTPC's core business is engineering, construction and operation of power generating plants and providing consultancy to power utilities in India and abroad. Pursuant to a special resolution passed by the Shareholders at the Company’s Annual General Meeting on 23 September 2005 and the approval of the Central Government under section 21 of the Companies Act, 1956, the name of the Company "National Thermal Power Corporation Limited" has been changed to "NTPC Limited" with effect from 28 October 2005. The primary reason for this is the company's foray into hydro and nuclear based power generation along with backward integration by coal mining.