As at the end of March 2005, NTPC`s installed capacity was about 19.79% of the total installed capacity of the country and contributed to 27.09% of the total power generation of the country during 2004-05. NTPC has adopted multi-pronged growth strategy to become a 46,000 MW plus company by the year 2012 and 66,000 MW company by 2017. The strategy, inter-alia, includes capacity addition through green field projects, expansion of existing stations, joint ventures, takeover of SEB`s stations, significant addition of hydro-capacity, and forays into non-conventional and nuclear power generation. NTPC has also entered into a MoU with Petronet LNG for arranging one MMTPA of LNG which can be used to overcome shortage of gas at the existing gas power stations of NTPC. In March 2006, the NTPC board accorded the investment approval for Korba Super Thermal Power project Stage III (1 X 500 MW) at current estimated cost of Rs. 24,484.91 million (Rs. 22,737.98 million + USD 39.26 million). Further, NTPC signed a MoU with The Energy and Resources Institute (TERI) for implementation of distributed generation projects in villages in India.
Update
06 Sep 11: National Thermal Power Corporation and Ceylon Electricity Board (CEB), Sri Lanka signed the Joint Venture Agreement on September 06, 2011 in Colombo for setting up a 500 MW (2 X 250 MW) coal based power station at Sampur, Trincomalee in the Eastern Province of Sri Lanka. A Joint Venture Company (JVC) would be incorporated in Sri Lanka, with equal equity (50:50) contributions by NTPC and CEB, for implementation of the power project.