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When was the National Thermal Power Corporation set up in _ _ _ _ _ _ _?
A. 1897
B. 1902
C. 1975
D. 1954

Answer
VerifiedVerified
558.6k+ views
Hint:NTPC stands for Company Limited to National Thermal Power. It is interested in electricity generation. It began work at Shaktinagar (named National Thermal Power Corporation Private Limited Singrauli) in Uttar Pradesh in 1976 on its first thermal power project.

Complete answer:
On 7 November 1975, the company was formed. NTPC operates in India from around 55 locations, Sri Lanka from one location and Bangladesh from 2 locations.
Engaged in the power generation sector and related operations. It is an association registered under the Companies Act 1956 and is funded by the Government of India. The main office of the company is located in New Delhi. Electricity generation and sales to state-owned power distribution companies and INDIA State Electricity Boards are the principal business of NTPC. Consultancy and turnkey project contracts involving engineering, project management, and co-operation are also carried out by the firm. The group has also ventured into oil and gas exploration and coal mining operations. It is India's largest power company with a generating capacity of 62,086 MW of electric power. Due to its focus on running its power plants at higher efficiency levels (approx. 80.2 percent against the national PLF rate of 64.5 percent), 16 percent of the total national capacity contributes to over 25 percent of the total power generation. NTPC currently generates 25 billion electricity units per month.

The right answer is option C (1975).

Note:It was founded in 1975 by the Government of India, which on 30 June 2016, now owns 54.74 percent of its equity shares. In May 2010, the Union Government of India granted NTPC Maharatna status, one of only four companies to be given this status. It is ranked 400th in the 2016 Forbes Global 2000.