Business Ethics

32 Ankit Holani
34 Rashee Iyer
38 Sanica Jaiswal
54 Mihir Kenia
67Jayesh Kurseja
122 Shruti Pol
178 Ashwin Nair
Submitted to : Prof. Manab Sanyal
Satyam Vada Dharmam
Chara
- Taittariya Upanishad
NTPC, India's largest power company, was set up in 1975 to accelerate power
development in India.
O Vision
“To be the world’s largest and best power producer, powering India’s
growth.”
O Mission
“Develop and provide reliable power, related products and services at
competitive prices, integrating multiple energy sources with innovative and
eco-friendly technologies and contribute to society.

O Shri Arup Roy Choudhury, Chairman & Managing Director

since September 01, 2010.
 Contd..
• It is emerging as an ‘Integrated Power Major’, with a
significant presence in the entire value chain of power
generation business.

• Apart from power generation, which is the mainstay of the

company, NTPC has already ventured into consultancy, power
trading, ash utilization and coal mining.

• NTPC ranked 317th in the ‘2009, Forbes Global 2000’

ranking of the World’s biggest companies.

• NTPC became a Maharatna company in May, 2010, one of the

only four companies to be awarded this status.
Corporate Governance
Principles of Corporate Excellence

Fairness to all stakeholders

Mutual Trust, Transparency and Togetherness

Unrestricted Communication and Continuous Feedback

Sharing Knowledge, Success Stories and Experience

Sharing Happiness and Concerns

Helping Each Other – Round the Clock

 Corporate Governance
Framework
Wealth Creation Wealth Management Wealth Sharing

?
Distribu-
tion Happiness and
Output – Input Prosperity of all
= Wealth Created Stakeholders

SUPPLIERS
Adequate Returns
Reinvestment
Enhanced
Capabilities HUMAN ASSETS
Adequate
Remuneration
Sustainability
CUSTOMERS
Affordable Prices
Research and
Development PUBLIC
HR Development Payment of Taxes and
Infrastructure Partnership in National
Risk Management Development Projects

Best Management Practices are Vital Here Law and Ethics are
Vital Here
 The total installed
capacity of the company
is 33,194 MW
(including JVs) with 15
coal based and 7 gas
based stations, located
across the country.

The company has set a

target to have an
installed power
generating capacity of
1,28,000 MW by the
The capacity will have a diversified
year 2032.
fuel mix comprising 56% coal, 16%
Gas, 11% Nuclear and 17% Renewable
Energy Sources(RES) including hydro.
By 2032, non fossil fuel based
generation capacity shall make up
nearly 28% of NTPC’s portfolio.
O In October 2004, NTPC launched its Initial Public Offering
(IPO) consisting of 5.25% as fresh issue and 5.25% as offer
for sale by Government of India

O NTPC thus became a listed company in November 2004

with the Government holding 89.5% of the equity share
capital.

O In February 2010, the Shareholding of Government of

India was reduced from 89.5% to 84.5% through Further
Public Offer. The rest is held by Institutional Investors and
the Public
 In NTPC:
The Corporate Governance philosophy
is scripted as:
“As a good corporate
citizen, the Company is
committed to sound
corporate practices based
on conscience, openness,
fairness, professionalism
and accountability in
building confidence of its
various stakeholders in it
thereby paving the way
for its long term success.”
 Advantages of applying
Best Corporate Governance Practices

Growing Growing
Revenues Profits
Growth

Growing Market Value

 Widening Ready Market for
Customer Base New Products

Widespread Goodwill and Brand Reputation

Access to Global Better Access to

Markets Human Capital
 CUSTOMERS
INVESTORS CUSTOMERS
INVESTORS

EMPLOYEES
EMPLOYEES

Enhanced Trust and

Confidence of all
Stakeholders
GOVERNMENT AND
GOVERNMENT AND
REGULATORS
REGULATORS

SOCIETY
SUPPLIERS
SUPPLIERS SOCIETY
 The company has a sound Corporate Governance
mechanism in place built around following
principles:

• Diversified Expertise based

Board drives our Company

• Clear definition of roles and

responsibilities of our Board
of Directors leading to
decentralized decision making
• Delegation of decision
making to various
Committees of the Board

• Established Code of
Conduct to promote ethical
and responsible decision
making

• Established System of
Accountability - Evaluation
of Performance of Board of
Directors
 The company has a sound Corporate
Governance mechanism in place built
around following principles:
• Adopted a policy of making timely and balanced
disclosures

• Establishing a Risk Management System

• Undivided Commitment towards Society

Code of Ethical Business Conduct
 Complying with legal requirements
i. Compliance with Laws, Rule and
regulations
ii. Competition and fair dealing
 Acting with Integrity
i. Legal, Honest and Ethical Conduct
ii. Conflict of Interests
iii. Disclosure of Interest by Director
iv. Insider Trading
 Protecting Assets
i. Protection and proper use of the Company’s
Assets
ii. Management and Mitigation of Risk
iii. Information Security
 Relating with Stakeholder
i. Customers
ii. Partners
iii. Suppliers
iv. Community
Excellence in Corporate National
Governance leads to Excellence
National Excellence

Social
Excellence

Corporate
Excellence

Excellence in
Corporate
Governance
Thank You