Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 1SUMMER INTERNSHIP REPORT ON ANORGANIZATION STUDY CONDUCTED ATNTPC LTDKORBA SUPER THERMAL POWER STATION, KORBASUBMITTED TOBANGALORE UNIVERSITYIN PARTIAL FULFILLMENT OF REQUIREMENTS FOR THE AWARDOF THE DEGREE OFMASTER OF BUSINESS ADMINISTRATIONVIKAS KUMAR SONIREG NO: 11XWCMA117UNDER THE GUIDANCE OFMr. SIBA PRASAD SARANGI(Lecturer, SAMS)SCHOOL OF MANAGEMENT, SAMS, BANGALORESEPTEMBER, 2012
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 2EXECUTIVE SUMMARYThe organizational study is done in NATIONAL THERMAL POWERCORPORATION LIMITED, KORBA. This study tells about the function ofcompany. Electricity is an important energy and it is uses in most of the industry,etc. NTPC, Korba produced 2600MW Approved investment are Rs 2324 crores.NTPC, Korba having its clients in various parts of India. It supplies to MadhyaPradesh, Chhattisgarh, Maharashtra, Gujarat, Goa, Union Territories of Daman,Diu, Dadra Nagar HaveliTo produce 2600MW electricity its requirements is 11.4 Million tons (approx.)annual coal and 2.80 lakhs Cu.M/day water.As a part of MBA programme under the Bangalore University a study has beenundertaken in NTPC. This internship training enables to know the realities of thebusiness and application of theoretical knowledge in practical environment.Primary data has been collected from face to face interview with department heads,managers and workers. The secondary data has been collected through website ofNTPC, company documents, annual reports, magazines and so on. A SWOTanalysis was done to find the strength, weakness, opportunities and threats of theorganization.It was found that the organization encourages employee participation in themanagement. With the help of formation of quality circles and mutual discussionamong the employees the company has been successful in solving work relatedproblems.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 3ACKNOWLEDGEMENTThis project is a product of the valuable insights, facts and experience I had withvarious people in the organization.It‘s my pleasure to express my deep sense of gratitude to Miss. PRACHICHAUHAN (HR department) for permitting me to undergo an in-plant trainingin their esteemed organization and being my external guide. I thank him for his co-operation and valuable suggestions throughout the period of internship.I convey my heart full thanks to my Principal Mr. K.C.JHON, Director Mr.K.C.MISHRA, Internal guide Mr. SIBA PRASAD SARANGI, my parents andall my friends for their support, encouragement and help, without which this reportcould not have been successfully completed.I am also grateful to the entire staff and professionals of NTPC for their guidanceand constructive co-operation in completion of this project.Date: VIKAS KUMAR SONIPlace: Bangalore
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 4DECLARATIONI VIKAS KUMAR SONI hereby declare that the contents of this internship reportentitled “AN ORGANISATION STUDY conducted at “NTPC LIMITED,KORBA SUPER THERMEL POWER STATION, KORBA” are the outcomeof my original work. Further this report has not been submitted to anyInstitution/University for award of any degree.Place: - Bangalore VIKAS KUMAR SONIDate: -
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 5GUIDE CERTIFICATEThis is to certify that the internship report entitled “AN ORGANIZATIONSTUDY conducted at “NTPC LIMITED (KORBA SUPER THERMELPOWER STATION), KORBA” is an original work undertaken by VIKASKUMAR SONI in partial fulfillment of MBA course requirement of BangaloreUniversity. Throughout the process of the study, the candidate has worked undermy direct supervision and guidance.Place: BANGALORE Mr. SIBA PRASAD SARANGIDate: (Lecturer, SAMS)
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 6CONTENTSCHAPTERNo.TOPICPAGENo.1 INTRODUCTION TO THE INTERNSHIP STUDYINDUSTRY PROFILECOMPANY PROFILE12-78-372 RESEARCH METHODOLOGY 38-403 FUNCTIONAL DEPARTMENTS 41-664 SWOT ANALYSIS 67-705 FINDINGS, CONCLUSIONS & SUGGESTIONS 71-736 APPENDIXES
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 7LIST OF TABLESTABLENO.DESCRIPTION PAGENO.1.1 GROWTH OF POWER GENERATION IN KORBA 101.2 PERFORMANCES ACROSS NUMBER OF PARAMETER 181.3 REGIONAL SPREAD OF GENERATING FACILITIES 181.4 COALS BASED POWER STATION 191.5 GASES/FUEL BASED POWER STATION 201.6 GASES BASED JOINT VENTURES 201.7 HYDRO BASED POWER PROJECT 21
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 8LIST OF FIGURESFIGURENO.DESCRIPTION PAGENO.1.1 GROWTH OF NTPC 081.2 STEPS TO GENERATE ELECTRICITY 281.3 NTPC VS REST OF INDIA 311.4 PLF OF NTPC STATION VS ALL INDIA 321.5 NTPC, KORBA MANPOWER PROFILE 351.6 ORGANIZATIONAL STRUCTURES 373.1 FUNCTIONAL DEPARTMENTS 413.2 STRUCTURE OF F&A DEPARTMENT 423.3 STRUCTURE OF HUMAN RESOURCE DEPARTMENT 513.4 STRUCTURE OF OPERATION & MAINTENANCEDEPARTMENT60
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 9CHAPTER- 1INTRODUCTIONInternship training program is vital and essential part of the educational curriculumwhich helps students to know how the organization functions and also to knowhow various interrelated departments work together to achieve their common goaland it also helps the students to have a particular exposure to the problem faces,functions, department and their business operation.This is a generally meant to develop students aptitude towards businessenvironment practically training given which will make students prepare for afuture job as a manager of an organization. So it is observed that the project workis an invaluable part of the educational curriculum.The main purpose of this study is to assess overall performance of the Company.The study is conducted at NTPC Plant the search is basically on empirical enquirea about the approaches towards the concept and its role in the organization.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 10INDUSTRY PROFILEElectricity is the most versatile energy source that we have; it is also one of thenewest: homes and businesses have been using it for not much more than ahundred years. Electricity has played a vital part of our past. But it could play adifferent role in our future, with many more buildings generating their ownrenewable electric power using solar cells and wind turbines. Lets take a closerlook at electricity and find out how it works.Electricity is a type of energy that can build up in one place or flow from one placeto another. When electricity gathers in one place it is known as static electricity(the word static means something that does not move); electricity that moves fromone place to another is called current electricity.Despite its great importance in our daily lives, most of us rarely stop to think whatlife would be like without electricity. Yet like air and water, we tend to takeelectricity for granted. Every day, we use electricity to do many jobs for us fromlighting and heating/cooling our homes, to powering our televisions andcomputers. Electricity is a controllable and convenient form of energy used in theapplications of heat, light and power.Electricity Industrial ProfileThe electricity in India is predominantly controlled by the Government ofIndias public sector undertakings (PSUs). Major PSUs involved in the generationof electricity include National Thermal Power Corporation (NTPC), NationalHydroelectric Power Corporation (NHPC) and Nuclear Power Corporation ofIndia (NPCI). Besides PSUs, several state-level corporations, such as MaharashtraState Electricity Board (MSEB), are also involved in the generation and intra-state
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 11distribution of electricity. The Power Grid Corporation of India is responsible forthe inter-state transmission of electricity and the development of national grid.The Ministry of Power is the apex body responsible for the development ofelectrical energy in India. This ministry started functioning independently from 2July 1992; earlier, it was known as the Ministry of Energy. The Union Minister ofPower at present is Sushilkumar Shinde of the Congress Party, who took charge ofthe ministry on the 28th of May, 2009.India is worlds 6th largest energy consumer, accounting for 3.4% of global energyconsumption. Due to Indias economic rise, the demand for energy has grown at anaverage of 3.6% per annum over the past 30 years. In March 2011, the installedpower generation capacity of India stood at 1, 73,626 MW while the per capitalenergy consumption stood at 612 kWh. The countrys annual energy productionincreased from about 190 billion kWh in 1986 to more than 680 billion kWh in2006. The total demand for electricity in India is expected to cross 950,000 MW by2030.About 75% of the electricity consumed in India is generated by thermal powerplants, 21% by hydroelectric power plants and 4% by nuclear power plants. Morethan 50% of India‘s commercial energy demand is met through the countrysvast coal reserves. The country has also invested heavily in recent years onrenewable sources of energy such as wind energy. As of 2008, Indias installedwind power generation capacity stood at 9,655 MW. Additionally, India hascommitted massive amount of funds for the construction of various nuclearreactors which would generate at least 30,000 MW. In July 2009, India unveiled a$19 billion plan to produce 20,000 MW of solar power by 2020.Electricity losses in India during transmission and distribution are extremelyhigh and vary between 30 to 45%. In 2004-05, electricity demand outstripped
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 12supply by 7-11%. Due to shortage of electricity, power cuts are commonthroughout India and this has adversely effected the countrys economicgrowth. Theft of electricity, common in most parts of urban India, amounts to 1.5%of Indias GDP. Despite an ambitious rural electrification program, some 400million Indians lose electricity access during blackouts. While 80 percent of Indianvillages have at least an electricity line, just 44 percent of rural households haveaccess to electricity. According to a sample of 97,882 households in 2002,electricity was the main source of lighting for 53% of rural households comparedto 36% in 1993.Multi Commodity Exchange has sought permission to offerelectricity future markets.GENERATIONGrand Total Installed Capacity is 1, 73,626 MW.Thermal PowerCurrent installed capacity of Thermal Power (as of 06/2011) is 114315.35MW which is 65.84% of total installed capacity. Current installed base of Coal Based Thermal Power is 96710.78 MW whichcomes to 84.6% of total installed base. Current installed base of Gas Based Thermal Power is 16632.88 MW which is14.55% of total installed base. Current installed base of Oil Based Thermal Power is 971.68 MW which is0.85% of total installed base.The state of Maharashtra is the largest producer of thermal power in the country.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 13Hydro PowerIndia was one of the pioneering countries in establishing hydro-electricpower plants. The power plant at Darjeeling and Shimsha (Shivanasamudra) wasestablished in 1898 and 1902 respectively and is one of the first in Asia. Theinstalled capacity as of 2011 was approximately 33874.43. The public sector has apredominant share of 19.51% in this sector.Nuclear PowerCurrently, 17 nuclear power reactors produce 4149.66 MW (2.39% of totalinstalled base).Renewable PowerCurrent installed base of Renewable energy is 21286.54 MW which is 12.26% oftotal installed base with the southern state of Tamil Nadu contributing nearly athird of it (5008.26 MW) largely through wind power.TransmissionTransmission of electricity is defined as bulk transfer of power over a long distanceat high voltage, generally of 132kV and above. In India bulk transmission hasincreased from 3,708ckm in 1950 to more than 165,000ckm today (as stated byPower Grid Corporation of India). The entire country has been divided into fiveregions for transmission systems, namely, Northern Region, North Eastern Region,Eastern Region, Southern Region and Western Region. The Interconnectedtransmission system within each region is also called the regional grid.The transmission system planning in the country, in the past, had traditionally beenlinked to generation projects as part of the evacuation system. Ability of the powersystem to safely withstand a contingency without generation rescheduling or load-
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 14shedding was the main criteria for planning the transmission system. However, dueto various reasons such as spatial development of load in the network, non-commissioning of load centre generating units originally planned and deficit inreactive compensation, certain pockets in the power system could not safelyoperate even under normal conditions. This had necessitated backing down ofgeneration and operating at a lower load generation balance in the past.Transmission planning has therefore moved away from the earlier generationevacuation system planning to integrate system planning.While the predominant technology for electricity transmission and distribution hasbeen Alternating Current (AC) technology, High Voltage Direct Current (HVDC)technology has also been used for interconnection of all regional grids across thecountry and for bulk transmission of power over long distances.Certain provisions in the Electricity Act 2003 such as open access to thetransmission and distribution network, recognition of power trading as a distinctactivity, the liberal definition of a captive generating plant and provision for supplyin rural areas are expected to introduce and encourage competition in the electricitysector. It is expected that all the above measures on the generation, transmissionand distribution front would result in formation of a robust electricity grid in thecountry.Objectives Sufficient power to achieve GDP growth rate of 8%. Reliable power. Quality power. Optimum power cost. Commercial viability of power industry.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 15 Power for all.Rural electrificationJharkhand, Bihar, Uttar Pradesh, Orissa, Uttaranchal, Madhya Pradesh etc aresome of the states where significant number (more than 10%) of villages are yet tobe electrified. Number of Villages (1991 Census) - 593,732 Villages Electrified (30 May 2010) - 488,173 Village level Electrification % - 82.2%
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 16COMPANY PROFILEIntroduction to NTPCEstablished in 1975, NTPC, the largest power company the country has beenconsistently powering of the growth of India. An ISO 9001:2000 certifiedcompany; it is world‘s 3rdlargest thermal power generator and second mostefficient capacity utilization.Apart from power generation, which is the mainstay of the company, NTPC hasalready ventured into consultancy, power trading, ash utilization and coal mining.NTPC ranked 337thin the ‗2012, Forbes Global 2000‘ ranking of the World‘sbiggest companies. NTPC became a Maharatna company in May, 2010, one of theonly four companies to be awarded this status.With this, NTPC reaffirms as one of the very Best Employers in India, second onlyto Google and Intel. NTPC has also been ranked first amongst PSUs, 1st amongstlarge organizations (more than 10,000 employees) and 1st amongst manufacturingand production industries. Shri S.P. Singh, Director (HR) and Shri S. Roy,Executive Director (HR), NTPC Ltd. received the award.Fig-1.1 Growth of NTPC
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 17The total installed capacity of the company is 39,174 MW (including JVs) with 16coal based and 7 gas based stations, located across the country. In addition underJVs, 7 stations are coal based & another station uses naphtha/LNG as fuel. Thecompany has set a target to have an installed power generating capacity of1,28,000 MW by the year 2032. The capacity will have a diversified fuel mixcomprising 56% coal, 16% Gas, 11% Nuclear and 17% Renewable EnergySources(RES) including hydro. By 2032, non fossil fuel based generation capacityshall make up nearly 28% of NTPC‘s portfolio.Year of Establishment: 1983Korba the ‗Power City‘ of Chhattisgarh is endowed with natural resourcessuch as coal and bauxite. Being rich in coal, Korba was chosen for setting up ofpithead power plants. In early stages, two power plants of MPEB (Now CSEB)were installed in the vicinity of Korba city. Thereafter in January 1978 NTPC gotclearance from the government to set up Thermal Power Plant of 2100 MWCapacity at Korba.In tune with the need for massive capacity addition in the changing scenario, 500MW Unit was commenced operation in mid – 2010 and the installation cost wouldbe Rs 2,448.49 crore. Now Korba will added another feather in its cap by havingthe first Merchant Power plant of NTPC and will thus help the company in takingone more step in its Mission 2017.In present day scenario, only the most economical, Qualitative and efficientpower generating station will meet the requirement of survival of the fittest. KorbaSuper Thermal Power Station is constantly raising the bar of efficient andeconomical power generation for excellence.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 18Despite over 25 years, NTPC Korba achieves over 97% PLF and is thustreated as one of the best stations when we talk about Power Generation in Indiatoday. Meritorious Performance Awards of twenty times in the last 28 years is atestimony to the fact that this project has created a niche in the domain ofOperation and Maintenance of thermal power stations. The station has in fact set abenchmark in producing power at the lowest cost.Table - 1.1 Growth of Power Generation in KorbaStage Unit Number Installed Capacity (MW) Date of CommissioningTotal Seven 26001st1 200 1983 March1st2 200 1983 October1st3 200 1984 March2nd4 500 1987 May2nd5 500 1988 March2nd6 500 1989 March3rd7 500 2010 December
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 19AN OVERVIEWName & Location: NTPC LIMITED, KORBA(SUPER THERMAL POWER STATION)On the west bank of the Hasdeo river near KorbaDistrict of ChhattisgarhApproach: Nearest Rail Heads (Champa 52 Kms & Bilaspur 102Kms)Nearest Airport: Raipur 220 KmsInstalled capacity: Stage - I: 3x 200 MW, Stage -II: 3x 500 MW,Stage -III: 1x500 MWApproved investment: Rs. 2324 croresCoal Source: Gevra Mines & Kusmunda BlockCoal Transportation: Merry-Go-Round system of 34.80 KmAnnual Coal: 11.4 Million Tonnes (approx.)Water Source: Right Bank Canal of Haste RiverWater requirement: 2.80 Lakhs Cu. M/dayBeneficiary States: Madhya Pradesh, Chhattisgarh, Maharashtra, Gujarat,Goa, Union Territories of Daman, Diu, Dadra NagarHaveliExternal Financial: IDA, OPEC, KFW
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 20INCEPTION, HISTORY & PRESENT STATUSINCEPTION:India‘s largest power company, NTPC was set up in 1975 to accelerate powerdevelopment in India. NTPC is emerging as a diversified power major withpresence in the entire value chain of the power generation business. Apart frompower generation, which is the mainstay of the company, NTPC has alreadyventured into consultancy, power trading, ash utilization and coal mining.In October 2004, NTPC launched its Initial Public Offering (IPO) consistingof 5.25% as fresh issue and 5.25% as offer for sale by Government of India. NTPCthus became a listed company in November 2004 with the Government holding89.5% of the equity share capital. In February 2010, the Shareholding ofGovernment of India was reduced from 89.5% to 84.5% through Further PublicOffer. The rest is held by Institutional Investors and the Public.At NTPC, People before Plant Load Factor is the mantra that guides all HR relatedpolicies. NTPC has been awarded No.1, Best Workplace in India among largeorganizations and the best PSU for the year 2010, by the Great Places to WorkInstitute, India Chapter in collaboration with The Economic Times.The concept of Corporate Social Responsibility is deeply ingrained in NTPCsculture. Through its expansive CSR initiatives, NTPC strives to develop mutualtrust with the communities that surround its power stations.The Corporation recorded a generation of 159.11 Billion Units (BUs) in 2011-12,through 16 coal based , 7 gas based power plants, and Joint Venture Projectsspread all over the country.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 21Driven by its vision to lead, it has charted out an ambitious growth plan ofbecoming a 66,000 MW plus company by 2017.NTPC has been rated as one of thetop most ―Best Employer‖ of the country for the year 2003, 2004 and 2005 in arow. ―Best Companies to Work for in India‖– Business Today Survey 2004, it hasdeveloped into multi-location and multi-fuel company over the past three decades.These achievements have been made possible by the 23500 strong and motivatedwork forces that with their dedication are ever willing to take NTPC to greaterheights.HISTORY OF NTPCNTPC Company was incorporated on November 7, 1975 under theCompanies Act as a private limited company under the name National ThermalPower Corporation Private Limited, and the word Private was deleted onSeptember30,1976 consequent upon the notification issued by the government.Exempting government companies from the use of word private in their name OnSeptember 30, 1985, NTPC Company was converted from a private limitedcompany into a public limited company. Subsequently, the name of Company waschanged to its present name NTPC Limited and a fresh certificate of incorporationwas issued on October 28, 2005. The name of Company was changed to reflect thediversification of our business operations beyond thermal power generation toinclude, among others generation of power from hydro, nuclear and renewableenergy sources and undertaking coal mining and oil exploration activities.NTPC Company is not operating under any injunction or restraining order.In July 1976, the registered office of our Company was changed from ShramShakti Bhawan, New Delhi to Kailash Building, Kasturba GandhiMarg, and New
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 22Delhi. Subsequently, in May 1979 the registered office of our Company wasshifted to NTPC Square, 62- 63, Nehru Place, New Delhi and thereafter in October1988 to its present location for administrative and operational efficiency.MAJOR EVENTS1975:- Incorporation of NTPC Company.1978:- Takeover of management of the Badarpur project.1982:- Commissioning of the first 200MW unit at Singrauli Centre ofeducation at power Management Institute, Delhi established Firstdirect foreign currency borrowing . A consortium of foreign banksled by Standard Chartered Merchant Bank extends a loan ofGBP298.41 million for the Rihand project.1984:- The transmission line based on High Voltage Direct Current(¡°HVDC¡±) technology, commissioned for power transmissionfrom Rihand to Delhi Singrauli project received World Bank loanof Rs 150 million.1986:- Synchronized first 500MW unit at Singrauli NTPC Companybecame one of the first PSUs to issue bonds in the debt market.1988:- 5,000 MW installed capacity mark crossed.1989:- First syndicated Japanese loan of 30 billion JPY raised.1990:- Consultancy division of that Company launched First unit (88MW) of Company‘s first gas based combined cycle power plant atAnta, Rajasthan commissioned.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 231992:- Total installed capacity of 10,000 MW reached.1993:- First acquisition by that Company of Frozen Gandhi snchaharThermal Power Station (2x210MW) from Uttar Pradesh RajivVidyut Utpadan Nigam of Uttar Pradesh the transmission systemsowned by our Company were transferred to Power GridCorporation of India Limited pursuant to legislation by theParliament of India.1994:- IBRD extended direct loan of US0 million to NTPC Companyunder time slice concept for its projects.1995:- 15,000 MW of installed capacity achieved Maiden declaration ofdividend of Rs. 650 million Jhanor- Gandhar (Gujarat) becomesour first thermal power station to have commissioned an integratedLiquid Waste Treatment Plant.1998:- Navratna status granted by the GoI100 billion units generation inone year achieved a consortium of foreign banks led by SumitomoBank, Hong Kong extends foreign currency loan of 5 billionJapanese Yen for the first time without Got guarantee.1999:- Commissioned the first Naphtha based plant at Kayamkulam witha capacity of 350 MW.2000:- NTPC Company‘s Dadri thermal power project, Uttar Pradeshadjudged the best in India with a PLF of 96.12%Dadri thermalpower project, Uttar Pradesh certified with ISO 14001.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 242003:- Three wholly owned subsidiaries, viz., NTPC Electric SupplyCompany Limited, NTPC Hydro Limited and NTPCVidyutVyapar Nigam Limited incorporated ESP[Electrostaticprecipitators) set up at Talcher power plant20,000 MW installedcapacity mark exceeded2004:- NTPC Company undertook debt re-structuring. Raised fundsthrough bonds (Series XIII and XIV) Construction of first hydro-electric power project of 800 MW capacity in Himachal Pradeshcommenced after the investment approval.2005:- The award of contract for the first Super Critical Thermal PowerPlant at Sipat Reached a total installed capacity of 22,249MWwith the Talcher Unit V getting synchronized on May 13, 2004OurCompany‘s Feroze Gandhi Unchahar Thermal station achievesrecord PLF of 87.43% in current year up from 18.02% in February1992 when it was taken over by us LIC extends credit facility forRs. 70 billion. Rs. 40 billion is in the form of unsecured loansandRs.30 billion is in the form of bonds Our Company makes itsdebut issue of euro bonds amounting to USD 200 million in theinternational market First coal mining block allotted Listing of ourEquity Shares on the Stock Exchanges.2006:- NTPC Company received the International Project ManagementAward 2005 for its Simhadri project at the International ProjectManagement Association World Congress. Oil block allocatedunder NELP V Our Company adopted core valuesBCOMIT(Business Ethics, Customer Focus, Organizational
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 25Pride, Mutual Respect and Trust, Innovation and Speed and TotalQuality for Excellence).2007:- Badarpur Thermal Power Station having an installed capacity 705MW transferred to our Company.2008:- Granted in-principle approval for allocation of a new coal block,Chatti-Bariatu (South) to our Company subject to the conditionsstipulated in the approval letter. The share of reserves is estimatedto be 354 Million Tonnes.2009:- NTPC Company adjudged as the Star PSU – 2008 Board expandedby appointment of 5 independent Directors India Power Awardconferred on Centre for Power Efficiency and EnvironmentalProtection.2010:- Memorandum of understanding entered into with the NuclearPower Corporation of India Limited (NPCIL) for development ofnuclear power in India 30,000 MW installed capacity mark crossedLong term fuel supply agreement with Coal India Limited forsupply of coal to our power stations for a period of 20 years.2011:- NTPC ranked 348thin the ‗2011, Forbes Global 2000‘ ranking ofthe World‘s biggest companies.2012:- Bagged 3rd rank in India‘s Best Companies to Work for the year2012 by The Great Place to Work and The Economic Times, in aglittering award ceremony in Mumbai on 13th July, 2012.NTPC is the largest power utility in India, accounting for about 17.75% of India‘sinstalled capacity.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 26PRESENT INSTALLED CAPACITYThe generating capacity as well as plant performance or operational efficiency hasbeen continuously growing without break since its inception. NTPC‘s InstalledCapacity and performance depicts the company‘s outstanding performance across anumber of parameters.Table – 1.2 Performances across Number of ParameterNO. OF PLANTS CAPACITY (MW)NTPC OwnedCoal 16 30,855Gas/Liquid Fuel 7 3,955Total 23 34,810Owned By JVsCoal & Gas 7 4,364Total 30 39,174Table – 1.3 Regional Spread of Generating FacilitiesREGION COAL GAS TOTALNorthern 8,515 2,312 10,827Western 9,840 1,293 11,133Southern 4,600 350 4,950Eastern 7,900 - 7,900JVs 2,424 1,940 4,364Total 33,279 5,895 39,174
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 27COAL BASED POWER STATIONSThe coal based power station has been power stations have been always the mainstay of NTPC. It is one of the biggest users of coal in India. The entire generationback bone of NTPC is based on its coal fired stations. Following are the coal basedstations of NTPC.Table – 1.4 Coals Based Power StationS.NoCoalBased(Ownedby NTPC)State CommissionedCapacity(mw)1. Singrauli Uttar Pradesh 2,0002. Korba Chhattisgarh 2,6003. Ramagundam AndhraPradesh2,6004. Farakka West Bengal 2,1005. Vindhyachal MadhyaPradesh3,7606. Rihand Uttar Pradesh 2,5007. Kahalgaon Bihar 2,3408. Dadri Uttar Pradesh 1,8209. TalcherKaniha Orissa 3,00010. Unchahar Uttar Pradesh 1,05011. Talcher Orissa 46012. Simhadri AndhraPradesh2,00013. Tanda Uttar Pradesh 44014. Badarpur Delhi 70515. Sipat-II Chhattisgarh 2,98016. Mauda Maharashtra 500Total 30,855
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 28GAS/LIQUID FUEL BASED POWER STATIONSWith a combined gas based commissioned capacity of 3955 MW, NTPC caters tothe peeking demand for power.Table - 1.5 Gases/Fuel Based Power StationTable – 1.6 Gases Based Joint VenturesS.NoGas Based(Owned by NTPC) StateCommissionedCapacity(mw)1. Anta Rajasthan 4132. Auraiya Uttar Pradesh 6523. Kawas Gujarat 6454. Dadri Uttar Pradesh 8175. Jhanor-Gandhar Gujarat 6486. Rajiv Gandhi CCPPKayamkulamKerala 3507. Faridabad Haryana 430Total 3,955S.NoCoal based(Owned byJVS)StateCommissionedCapacity1. Ratnagiri Maharashtra 14802. Raurkela Orissa 1203. Bhilai Chhattisgarh 5744. Durgapur West Bengal 1205 Muzaffarpur Bihar 1106. Jhajhar Haryana 500Total 3,364
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 29HYDRO BASED POWER PROJECTS (Under Implementation)NTPC has increased thrust on hydro development for a balanced portfolio for longterm sustainability. The first step in this direction was taken by initiatinginvestment in Koldam Hydro Electric Power Project located on Satluj river inBilaspur district of Himachal Pradesh. Two other hydro projects under constructionare Tapovan Vishnugad and Loharinag Pala. On all these projects constructionactivities are in full swing.Table – 1.7 Hydro Based Power ProjectS.No Hydro Based State ApprovedCapacity(mw)1. Koldam (HEPP) HimachalPradesh8002. Loharinag Pala (HEPP) Uttarakhand 6003. TapovanVishnugad(HEPP)Uttarakhand 520Total 1,920
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 30VISION, MISSION, CORE VALUE & OBJECTIVESVISION―A world class integrated power major, powering India‘s growth, with increasingglobal presence‖MISSION―Develop and provide reliable power, related products and services at competitiveprices, integrating multiple energy sources with innovative and eco-friendlytechnologies and contribute to society‖. Make available reliable and quality power in increasingly large quantities atcompetitive prices and ensure timely realization of revenues. Develop a strong portfolio of profitable businesses in overseasmarkets including technical services, generation assets etc. Continuously attract and develop committed human resources tomatch world standards. Lead fundamental and applied research for adoption of the state-of-the-art technologies, breakthrough efficiency improvements and new fuels. Lead developmental efforts in the Indian power sector including assistingstate utility reform, policy recover etc. Adopt a broad based capacity portfolio including Hydro Power, LNG,Nuclear Power, and non conventional and eco-friendly fuels.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 31 Plan and speedily implement power projects using state-of- the arttechnologies. Be an integrated utility by implementing strategic diversifications in areassuch as power trading distribution, transmission, coal mining, coalbeneficiation etc.CORE VALUES – BE COMMITTED B = Business Ethics. E = Environmentally & Economically Sustainable C = Customer Focus O = Organizational & Professional Pride M = Mutual Respect And Trust M = Motivating Self & Others I = Innovation and Speed. T = Total Quality For Excellence T = Transparent & Respect Organization D = Devoted
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 32OBJECTIVES OF COMPANYBusiness Portfolio GrowthTo further consolidate NTPC‟ S position as the leading thermal powergeneration company in India and establish a presence in hydro powersegment. To broad base the generation mix by evaluating conventionalsources of energy to ensure long run competitiveness and mitigate fuel-risks.To diversify across the power value chain in India by considering backwardand forward integration into areas such as power trading, transmission,distribution, coal mining, coal beneficiation, etc.To develop a portfolio of generation assets in international markets.To establish a strong brand in the domestic & international marketCustomer FocusTo foster a collaborative style of working with customer growing to be apreferred brand for supply of quality power.To expand the relationship with existing customers by offering a bouquet ofservices in addition to supply of power e.g. trading, energy consulting,distribution consulting, management consulting, management practices.To expand the future customer portfolio through profitable diversificationinto downstream business, inter alia retail distribution and direct supply.To ensure rapid commercial decision making, using customer specificinformation with adequate concern for the interests of the customer.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 33Agile CorporationTo ensure effectiveness in business decisions and responsiveness to changein the business environment by Adopting a portfolio approach to newbusiness development. Continuous and coordinated assessment of thebusiness environment to identify and respond to opportunities and threats.To develop a learning organization having knowledge based competitiveedge in current and future businesses.To effectively leverage information technology to ensure speedy decisionmaking across the organization.Performance LeadershipTo continuously improve on project execution time and cost in order tosustain long run competitiveness in generation.To operate & maintain NTPC stations at par with the best run utilities in theworld with respect to availability, reliability, efficiencies.To aim for performance excellence in the diversification businesses.To embed quality in all systems and processes.Human Resource DevelopmentTo enhance organizational performance by institutionalizing an objectiveand open performance management system.To align individual and organizational needs and develop business leadersby implementing a career development system.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 34To enhance commitment of employees by recognizing and rewarding highperformance.To build and sustain a learning organization of competent world-classprofessionals.To institutionalize core values and create a culture of team building,empowerment, equity, innovation and openness which would motivateemployees and enable achievement of strategic objectives.Financial SoundnessTo maintain and improve the financial soundness of NTPC by prudentmanagement of the financial resources.To continuously strive to reduce the cost of capital through prudentmanagement of deployed funds, leveraging opportunities in domestic andinternational financial markets.To develop appropriate commercial policies and processes this would ensureremunerative tariffs and minimize receivables.Sustainable & DevelopmentTo contribute to sustainable power development by discharging corporatesocial responsibilities.To lead the sector in the areas of resettlement and rehabilitation andenvironment protection including effective ash-utilization, peripheraldevelopment and energy conservation practices.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 35To lead developmental efforts in the Indian power sector through efforts atpolicy advocacy, assisting customers in the operations and management ofpower plant.PRODUCT PROFILEWhat is electricity?Electricity is a type of energy that can build up in one place or flow from one placeto another. When electricity gathers in one place it is known as static electricity(the word static means something that does not move); electricity that moves fromone place to another is called current electricity.Generating electricityJust as electricity can make magnetism, so magnetism can make electricity. Abicycle dynamo is a bit like an electric motor inside. When you pedal your bicycle,the dynamo clipped to the wheel spins around. Inside the dynamo, there is a heavycore made from iron wire wrapped tightly around—much like the inside of amotor. The core spins freely inside some large fixed magnets. As you pedal, thecore rotates inside these outer magnets and generates electricity. The electricityflows out from the dynamo and powers your bicycle lamp.The electric generators used in power plants work in exactly the same way, only ona much bigger scale. Instead of being powered by someones legs, pedallingfuriously, these large generators are driven by steam. The steam is made byburning fuels or by nuclear reactions. Power plants can make enormous amounts ofelectricity, but they waste quite a lot of the energy they produce. The energy has toflow from the plant, where it is made, to the homes, offices, and factories where it
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 36is used down many miles of electric power cable. Delivering electricity this waycan waste up to two thirds of the power originally produced.How does electricity get from a power plant to your home?The heart of a power station is a large generator that extracts energy from a fuel.Some power stations burn fossil fuels such as coal, oil, or gas. The heat producedis used to turn water into steam at high pressure. This steam turns a windmill-likedevice called a turbine connected to an electricity generator. Extracting heat from afuel takes place over a number of stages and some energy is wasted at each stage.Fig – 1.2 Steps to Generate Electricity
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 371. Fuel: The energy that finds its way into your TV, computer, or toaster startsoff as fuel loaded into a power plant. Some power plants run on coal, whileothers use oil, natural gas, or methane gas from decomposing rubbish.2. Furnace: The fuel is burned in a giant furnace to release heat energy.3. Boiler: In the boiler, heat from the furnace flows around pipes full of coldwater. The heat boils the water and turns it into steam.4. Turbine: The steam flows at high-pressure around a wheel thats a bit like awindmill made of tightly packed metal blades. The blades start turning as thesteam flows past. Known as a steam turbine, this device is designed toconvert the steams energy into kinetic energy (movement). For the turbineto work efficiently, heat must enter it at a really high temperature andpressure and leave at as low a temperature and pressure as possible.5. Cooling tower: The giant, jug-shaped cooling towers you see at old powerplants make the turbine more efficient. Boiling hot water from the steamturbine is cooled in a heat exchanger called a condenser. Then its sprayedinto the giant cooling towers and pumped back for reuse. Most of the watercondenses on the walls of the towers and drips back down again. Only a tinyamount of the water used escapes as steam from the towers themselves, buthuge amounts of heat and energy are lost.6. Generator: The turbine is linked by an axle to a generator, so the generatorspins around with the turbine blades. As it spins, the generator uses thekinetic energy from the turbine to make electricity.7. Electricity cables: The electricity travels out of the generator to atransformer nearby.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 388. Step-up transformer: Electricity loses some of its energy as it travels downwire cables, but high-voltage electricity loses less energy than low-voltageelectricity. So the electricity generated in the plant is stepped-up (boosted) toa very high voltage as it leaves the power plant.9. Pylons: Hugh metal towers carry electricity at extremely high voltages,along overhead cables, to wherever it is needed.10.Step-down transformer: Once the electricity reaches its destination,another transformer converts the electricity back to a lower voltage safe forhomes to use.11.Homes: Electricity flows into homes through underground cables.12.Appliances: Electricity flows all round your home to outlets on the wall.When you plug in a television or other appliance, it could be making a veryindirect connection to a piece of coal hundreds of miles away
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 39MARKET SHARENTPC has been operating its plants at high efficiency levels. Although thecompany has 17.75% of the total national capacity, it contributes 27.40% of totalpower generation due to its focus on high efficiency.Fig – 1.3 NTPC Vs Rest of IndiaPERFORMANCE STATISTICSIn terms of operations, NTPC has always been considerably above the nationalaverage. The availability factor for coal based power stations has increased from78.00% in 1997-98 to 88.00% in 2011-12, which compares favorably withinternational standards. The PLF has increased from 76.6% in 1998-99 to 85.00%during the year 2011-12.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 40Fig – 1.4 PLF of NTPC Station vs All IndiaCOMPETITORS’ OVERVIEWTATA POWERTata power is India‘s largest private sector power utility. Its revenues are $ 1 bn.Its Profit after tax is $ 137 mn. Its generation capacity is 2300 MW. Out of that inMumbai, the capacity is 1800 MW. It has presence in generation, transmission anddistribution of power. It supplies power to Mumbai and Delhi regions.Business strategy:The core business of Tata Power Company is to generate, transmit and distributeelectricity. The Company operates in two business segments: Power and Otherservices. The Power segment is engaged in generation, transmission anddistribution of electricity. The other services segment includes electronicequipment, broadband services, and project consultancy and oil exploration.RELIANCE ENERGYReliance Energy Ltd (REL) formerly known as Bombay Suburban Electric Supply(BSES) is a part of the Anil Dhirubhai Ambani Group. It is an integrated power
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 41utility company in the private sector in India which came into existence when ittook over BSES in 2002.The company is the sole distributor of electricity to consumers in the suburbs ofMumbai. It also runs power generation, transmission and distribution businesses inother parts of Maharashtra, Goa and Andhra Pradesh. REL has significant presencein the field of execution of the Power projects on EPC (Engineering, Procurementand Commissioning) basis.CESCCESC, a power utility in India was setup in 1899. CESC Limited is a flagshipcompany of RPG Enterprises, which is one of Indias well-managed groups ofcompanies with a diversified presence. Company brought thermal power to Indiamore than 100 years ago and supplies power to the city of Kolkata.GAIL (INDIA) LIMITEDGAIL (India) Limited is no blowhard when it comes to turning energy into profits.The largest gas transmission and marketing company in India, GAIL owns morethan 6,700 km of pipeline and has a 78% market share in Indias natural gastransmission business. It has seven gas processing units and owns Indias largestgas-based petrochemicals complex. In addition, GAIL has majordomestic exploration and production operations. It also has a fibre-optic cablenetwork of 13,000 km that provides bandwidth to telecommunications carriers. It isalso involved in liquefied natural gas import projects. The company is alsoexploring buying US shale assets. The government of India owns 57% of thecompany.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 42WORK FORCE DETAILSNTPC has continuously been part of the Best Workplaces List for the last eightyears and has been consistently amongst top performers. NTPC has over 25000employees spread over 29 locations across the country. Company is the leader inpower generation with presence in Thermal, Hydro, power trading, coal miningand power consultancy services.The below pie-chart shows the category wise distribution of employees of NTPC,Korba as on 31-03-2012.Today NTPC Korba with a dedicated and trainedmanpower of around 2300 employees has earned a distinction for itself in the fieldof power generation. For works of non-perennial nature, contracts are resorted to.All employees and also contractor employees are covered under safety, health andenvironmental management system (IS/ISO 14001: 1996 & IS18001:2000).Fig – 1.5 NTPC, Korba Manpower Profile
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 43NTPC, Korba maintains healthy and mutually enriching relationship with allrepresentatives (Unions & Associations) of its people. Award and Reward schemeis effectively developed to recognize the contributions of our people who aremaking NTPC, Korba a success story.In tune with the need for massive capacity addition in the changing scenario,adding another 500 MW Unit was commenced on end of 2010. Once completed,Korba will added another feather in its cap by having the first Merchant Powerplant of NTPC and will thus help the company in taking one more step in itsMission 2017.In present day scenario, only the most economical, Qualitative and efficient powergenerating station will meet the requirement of survival of the fittest. Korba SuperThermal Power Station is constantly raising the bar of efficient and economicalpower generation for excellence.Despite over 25 years, NTPC Korba achieves over 97% PLF and is thus treated asone of the best stations when we talk about Power Generation in India today.Meritorious Performance Awards of twenty times in the last 26 years is atestimony to the fact that this project has created a niche in the domain ofOperation and Maintenance of thermal power stations. The station has in fact set abenchmark in producing power at the lowest cost.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 44Fig - 1.6 ORGANIZATIONAL STRUCTUREDIRECTORHRDIRECTORPRODUCTIONDIRECTORMARKETINGDIRECTORFINANCEDIRECTORTECHNICALREGIONAL DIRECTORGENERAL MANAGERDEPUTY GENERALMANAGERASSISTANT GENERALMANAGERSENIOR MANAGERCMD NTPCMANAGER
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 45CHAPTER- 2RESEARCH METHODOLOGYDESIGN OF THE STUDYAn organizational study at National Thermal Power Corporation Ltd (NTPC),Korba. It is a study of organizational activities in all functional areas in anorganization which is to relate the theoretical knowledge acquired. Further thestudy could include study of a specific management problem of any specificdepartment or a case study focusing on any specific issue.OBJECTIVES OF THE STUDY:An objective is specific statement of the outcome we aim for in a learning activity.We want to state your objectives in a measurable way, so that we can evaluatewhether it has been met. When we talk about an objectives or goals we would liketo achieve the future. To have knowledge of the formal functional activities of the organization. To know about the work culture followed by the company. To know the organization structure. To know the manufacturing process. To gain firsthand experience. To relate the theoretical studies with the practical style of managementfollowed in organization.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 46 It helps in developing skills in application of the theory to practical worksituations. To study on SWOT analysis.SCOPEThe scope of the organizational study is wide. The study helps to know about thework culture of the organization. It also helps to enable about the duties,responsibilities and functions of each departments in achieving the organizationalgoal of the company. Moreover it helps to ascertain the interrelationship amongdifferent departments in the organization. It also helps to know about theorganization hierarchy, structure and its policy.SOURCES OF DATAPrimary DataThe report has been framed out of the primary data source. It basically dealswith the inspection done by me with the management and supervision of variousdepartments.Secondary DataThe data was collected through reference books, website, company profile,broachers, manuals, reference to previous studied, report, etc.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 47LIMITATIONSThere are some limitations to the study done, they are as follows: The study was restricted for 45 days; due to time constraint an in depth studyof all the departments was not possible. All the inherent limitations of the secondary data are applicable to this studyand are static for the given frame of time. A comprehensive study using all the tools of analysis couldn‘t be made dueto the limitation of time.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 48FunctionalDepartmentsFinance &AdminHumanResourceOperation &MgmtCHAPTER- 3FUNCTIONAL DEPARTMENTSFig – 3.1 FUNCTIONAL DEPARTMENTSFINANCE & ADMINISTRATION:Every business main intentions are to make the profit so, business transaction needto be recorded in specific format for the calculation of profit or loss at the end ofyear. Finance department is very important for every organization to keep thefinance related information. Finance department involved in the recoding ofmonitory transaction and finalization of accounts which is helpful for managementdecisions. Finance department is also responsible for planning of fundsrequirements in the future and it needs to find the sources finance.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 49OBJECTIVES OF DEPARTMENT:a. Ensuring regular & sufficient supply of capital to business.b. Ensure affair rate of return to the supplier of the capital.c. Ensure the best utilization of capital by following the principals of liquidity,profitability & safety.d. Coordinating the activities of the finance department with those of otherdepartment of the enterprise.Fig – 3.2 STRUCTURE OF F&A DEPARTMENTDGMWorks & AdminSr.M (Works, Books, Budget,Cash & Bank)SMFPurchaseSr. MANAGERMANAGERAsst. MANAGERSr. MANAGERMANAGERMANAGERAsst. MANAGERAsst. MANAGERHOD(F&A)
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 50F&A DEPARTMENTFinance department is very essential for any organization to be set up. It isthe backbone of any organization. Similarly the finance department plays a vitalrole in the set up and running of NTPC Chief Accountant manager and chieffinance manager work under the direct control of finance Director at NTPC. Othertop executives in the finance department are senior executive (finance), divisionalofficer (finance), accounts officers; assistant accounts officers, senior assistants(Accounts) and assistant (accounts). The chief finance manager and accountsmanager handle various activities in the finance department. Each of them has theirtasks cut out systematically in these areas.Different sections of Korba Super thermal power Station (KSTPS) FinanceDepartments. This section Work on a system that is online integrated material andFinance accounting system (OLIMFAS). The language of the system is Indresh.Now new programme come is enterprise resource planning system (ERP).Work-maintenance of fixed assets, make register. Provide depreciation threw its Statelinemethod on the fixed assets. When the Value of assets comes down 5% of its totalvalue than no depreciation will charge on the assets. The rate of depreciationgiving by central electricity authority (CEA).This section also make budget-Firstlya cost centre is allocated in each department and each cost centre is handling by aresponsibility centre. They make estimation and give to book and budget section.This section collects all estimation from each responsibility centre and make finalestimation and send it to corporate office then corporate office finalize this budgetestimate. In each six-month the budget estimate is revised and if any change arerequired then it sent to corporate office and then it finalize.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 51In NTPC, finance and accounting department is subdivided into 8 sub departments.They are:- Books & Budget Commercial section Store bill section Vetting and concurrence Priced store ledger (PSL) section Works bill section Establishment section Miscellaneous sectionBOOKS & BUDGET:The main work of this section is accounting and maintaining the register offinance. Another function done by this section is auditing for which theaccountants are out sources by the NTPC. The main audits conducted by thecompany are:a) Internal audit & Statutory audit: - Mainly done by the outsources accountants. It is done quarterly or as per the need.b) Controller & Auditor general of India audit: - This audit haddone by controller‘s attorney general of India. This is the audit ofbalance sheets.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 52c) Cost audit: - From 2005-2006 company start cost audit. It handlesthe cash. These departments send the estimation for cash requirement, tothe corporate office weekly and daily basis and also tell whyit is required. Also interface with banks, make payment and receive paymentTake custody of monetary and non-monetary instrument for security. It isalso take bank guarantee for performance; it is also called documentarycredit.d) Prosperity audit: - This audit is done for check the system to see that allgoing properly or not. It is done once in five year.COMMERCIAL SECTIONThis section does the accounting of sales of the project. It makes oil and coalpayment voucher. It also maintain priced store ledger (PSL).STORE BILLS SECTIONThis section does the payment of inventory as per terms of purchase order, advanceand final payment and maintains account. Make advance scheduleand material under inspection schedule. It also makes insurance payment,transporters payment, premium and claims.VETTING AND CONCURRENCEThe work of this Section is as follows:-a) Contract and Purchase estimation-If we purchase any goods in second timethen last price is based. If we purchase first time then User give budget offer.b) Vetting of competitive statement then we calculate Land Price.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 53c) Vetting of Draft Purchase Order.d) Finance Concurrence.PRICED STORE LEDGER (PSL) SECTIONThis section does the physical inventory valuation. The method of valuation ismonthly moving weighted average. This valuation is done in every month. Thereare some tools for PSL:-1) (SRV) Store Received Voucher on invoice value.2) (MRN) Material Return Note.3) (SIV) Store Issue Voucher.4) (MTN) Material Transfer Note.This department gives the reports in various topic like XYZ, ABC and VEDanalysis report, and non-moving item report. And also done physical verification ofstock every year.WORKS BILL SECTIONThis Section does the payment of services taken by SSTPS likeMaintenance Contracts. The payment made on Running Bill on the basis ofMeasurement Book. Also do the final payment and take Penalties and return thereSecurities. This section also do the capitalization were work is going on. The worknot had done fully completed Show under Capital Work In ProgressAccount (CWIP). When this work complete then CWIP to Fixed Assets.Incidental Expenditure during Construction (IEDC) and Interest DuringConstruction (IDC) add in CWIP Account. Renovation and Modernization
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 54Work is going on four Stations i.e. Singrauli, Korba, Ramagundam andFarakka. And the work of Renovation and Modernization handle by this Section.Method of Renovation and Modernization1) Old assets replace threw new assets.2) Totally new assets if life of assets is end.3) Improve the efficiency of Machines.4) Increase the life of MachineESTABLISHMENT SECTIONThis Section give the Salary and recover the PPF amount, House rent,Electricity charge, Club expenses and Income tax from employees. This sectionalso deals with Loan & Advances given to employees. Some type of Loansprovides by NTPC to its employee:-1) Furniture or Household loan up to 9000 for Non-executives, 15000 forassistant manager and 25000 for managers.2) Multipurpose loan it is equal to the Basic pay.3) Convenience loan for Car, Bike.4) House Advances Maximum 750000.MISCELLANEOUS SECTIONThis section makes the payment of Non-Oriented contract payment. Deal withPetty Cash. Telephone bills, Entertainment expenses paid by this Section.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 55HUMAN RESOURCE MANAGEMENTHRM can be defined as managing (Planning, organizing, directing & controlling)the functions human relations with a view to contribute proportional to theorganization individual & social goals.Functions of HRM:I. Managerial functiona. Planningb. Organizingc. Directingd. ControllingII. Operative functiona. Employmentb. Human resource developmentc. Compensationd. Human relationOBJECTIVES OF HR FUNCTION:To Place manpower of required quality and in required number in positionso as to ensure fulfillment of company‘s objectives, plans and policies. Thedepartment would forecast on a continuous basis in advance, manpowerrequirement at various stages of the construction and operation ofcompany‘s projects, the organization structure, the type of manpower etc.and plan advance action to meet the above objective. Through properrecruitment and selection process, the department would Endeavour to
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 56attract persons with potential and select those with high degree ofknowledge, skill and caliber.To formulate design, review and implement suitable pre-employment andpost-employment training and in-company and external managementdevelopment and workers development programmers with an individualemployee of the company.To identify from among the employees of the company persons withpotential to rise to high levels of organizational hierarchy and developimplement suitable systems of career planning and managerial successionplanning.To create and sustain a favorable employee attitude a view to obtainingmaximum contribution and cooperation of employees in achieving theobjectives of the company through suitable employment, adequate,compensation by way of wages/salaries, benefits, welfare facilities, suitablemotivational schemes, safe working conditions and job satisfaction.Develop personnel policies in all areas relevant to the manpower tomanagement and notify the same to the employees with a view to reducingthe communication gap between the management and the employees.To cultivate and maintain a participative culture through suitable system ofmanagers participation in decision making and workers participation inmanagement.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 57To establish and introduce suitable systems of grievance handling forredresser of employees grievances in the shortest possible time and with thelowest possible steps.To encourage healthy and legitimate trade union activities and based onmutual respect of each other‘s view points and look upon trade unions as theagencies of communication between the management and workers. To thisend, the department would endeavor to understand the problems of workersthrough regular dialogues with the trade unions and aim at solving problemsand disputes through mutual discussions.To identify key areas of organization development, diagnose the problems,suggest measures and follow-up the implementation.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 58Fig- 3.3 STRUCTURE OF HUMAN RESOURCE DEPARTMENTDEPUTY GENERAL MANAGERASST. GENERAL MANAGERSENIOR MANAGERMANAGERASST. MANAGEROFFICERGENERAL MANAGER
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 59NTPC believes in the power of people and it is the professional philosophy of themanagement to create an enabling organizational culture for people to demonstratetheir creativity, initiative and involve in holistic development, through recognitionand celebration of achievements. Although NTPC has formulated many HRpolicies for employee‘s development and growth, it was felt that there is still spacefor enhancing employee‘s motivation and morale on a continued and sustainedbasis. Therefore, a bouquet of rewards and recognition schemes is evolved with anobjective of reinforcing good work and behavior of employees in order to achieveOrganizational excellence.To enhance organizational performance by institutionalizing an objectiveand performance management system.To individual and organizational needs and develop business leaders byimplementing a career development system.To enhance commitment of employees by recognizing and rewarding highperformance.To build and sustain learning organization of competent world- classprofessionals.To institutionalize core values and create a culture of team-building,empowerment, equity, innovation and openness which would motivateemployees and enable achievement of strategic objectives.We recognize that our employees are our prime assets and we always strive tocreate an environment where employees feel they belong. We value theircontributions, support their development and help them balance their work and
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 60personal lives. Development of skill and competencies and particularly safetyawareness of our employees and also of contract labour who are engaged in ourworks is a key issue for us. We constantly strive to focus our human resourcepolicies, benefit plans and programmers to enhance the performance. Ouremployees /spouses have formed various welfare bodies which are:- Pragati Club Nucleus club Maitry Mahila Samiti Bal Bhawan to promote various cultural & sports activitiesCORPORATE SOCIAL RESPONSIBILITYSocial Responsibility is the obligation of managers to choose and act in a way thatbenefit both the interest of the organization and those of the society as a whole.―Corporate Social Responsibility is the continuing commitment by business tobehave ethically and contribute to economic development while improving thequality of life of the workforce and families as well as local community andsociety at large‖.CSR in NTPC Ltd. is not limited to only community development, butencompasses a whole range of issues in line with global international CSRprinciples and practices. A measure of NTPC‘s commitment to CSR is that of 0.5%of its profit is set aside for community development under the umbrella of CSR.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 61The main functions of CSR are as follows: Achieve community development targets Improve ASH Utilization Reduce Carbon Dioxide emission Achieve ISO 1400/SA8001 certification Involve professional (socio-economic surveys) Access to water, road and electricity Education and Capacity building facilities Healthcare support Sanitation and Public health Promotion of sports and games Community centers Vocational training and Capacity building, Skill development centers, Support for agricultural activities
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 62HR Function at Corporate LevelMajor functions under this level are:a) Industrial Engineeringb) Employment and Placementc) Training Management Development, Organizational Development &Personal Researchd) Establishmente) Policies and Rulesf) IR and Welfare Policyg) HRD - Promotion, Performance Appraisal System and EmployeeDevelopment.h) Administrative Servicesi) Corporate Office Administrationj) Public RelationsExplanations of the above functions have been given in the following ParagraphsIndustrial Engineering:The activities of this group span the various facts of manpower planning &budgeting, organization structure, development of manpower norms/standards/modules, incentive/ reward schemes, preparation of financial budgets forCorporate Personnel &Administration, Job Evaluation & Development of job
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 63specification/descriptions, Personnel Data Bank and computerization, Organization& Methods etc.Employment and Placement:This function covers with the various activities pertaining to the recruitment of allexecutives/executive trainees of the corporation and the non-executives of Delhibased offices. The major activities undertaken include recruitment planning,release of advertisement, screening of applications, organizing test and/orinterviews, drawing up panels, release of offers, post-offer correspondence etc.apart from visioning with Employment Exchange and other Governmentalagencies.Corporate Training:This group looks after the development of training policies, programmers ofvarious types of technical training schemes including Engineering ExecutiveTrainees, Executive trainees (Chemistry), Diploma Trainees, ITI Trainees, trainingunder contract packages etc. Training design and review, policies and assistanceregarding training infrastructural development, design of trade test/skilldevelopment programmers etc. also forms an important component of this area.Also, the development, standardization and review of course material, audio visualaids etc. is looked after by this group.Management Development, Organizational Development and PersonnelResearch:This function encompasses the various organization development aspects relatingto performance appraisal, career & succession planning, job rotation & actionlearning, promotion policy etc. Design and conduct of need based in companymanagement development programmes, sponsorship to outside agencies for
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 64training also forms once the basic segments of this function. The design,organizing and conduct of trainee schemes for Finance & personnel ExecutiveTrainees and Supervisor (Personnel) & Accountant Trainees is another area underthis function.Establishment:This area covers personnel activities from the time an employee joins theorganization to the time he leaves or superannuates. These include the joiningformalities, postings and transfers, confirmation/absorption, promotion & seniority,forwarding of applications, processing of resignations etc. for the executives of theentire and the non-executives of Delhi based offices apart from employeeentitlement like Leave encashment, LTC, Loans & Advances, terminal benefits,group insurance for the executives and non-executives of Delhi based offices.Maintenance of personnel records/files also forms one of this area‘s major tasks.Policies & Rules:This area includes various activities pertaining to formulation, implementation andauditing, monitoring of various personnel policies like wages & salary, allowances& reimbursements, Safety etc. Also covered under this area are the development,implementation and issue of clarifications relating to service rules, conduct,discipline and appeal rules, rules on entitlements, overtime & pay fixation rules,etc. Dealing with parliament questions and coordination of various consultativecommittees, joint machineries, personnel heads meeting etc. also forms a part ofthis area.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 65IR & Welfare Policy: Scholarship for meritorious students of employees. Canteen facilities at subsidized rates. Workmen compensation for all employment injury. Settlement of accounts terminal benefits of death causes. Recreation- fine arts, clubs, sports clubs for employees. Education facilities to employee‘s children. Community development immunization on family planning, tailoring classes,polio and others. Arranging talks on diseases like AIDS, Cancer, and Diabetes etc. Arranging for periodical health checkups. Labour welfare fund loans and advances to employees. Reference courses for education of employees. Consumer co-operative society for benefit of employees. Medical facilities and hospitals with in and outpatient facilities. Transportation facilities.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 66HRD Promotion, Performance Appraisal System and Employee Development:This group looks after the performance appraisal system, Promotion Policy forExecutives, Supervisors and Workmen. Also, covered under this group is ofEmployee Development scheme so as to provide career development opportunitiesto the employees in Supervisory/Workmen Cadres.Administrative Services:This area deals with planning, coordination with appropriate agencies anddevelopment of Security and fire fighting systems, intelligence systems etc. apartfrom rendering assistance to projects in the establishment of Central Schools,telephone exchanges etc.Corporate Office Administration:This function consists of work relating to leasing and allotment of office andresidential accommodation, transport & guest house facilities, receipt and dispatch,communication facilities procurement, and issue of office equipment andconsumables, travel booking, Medical facilities and SC/ST cell etc. apart fromimplementation of official language (Hindi) etc.Public Relations:This function looks after the building up and sustaining the image of theorganization in the eyes of the public at large through arrangement of presscoverage‘s of important events in the organization, TV/Radio coverage‘s andpublicity material. This publication of house journal and associated editingactivities are also a part of this function.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 67OPERATION AND MAINTENANCE DEPARTMENTNTPC has consistent track record of high availability and plant load factor (PLF)across plants based on diverse technologies. NTPC has emphasized predictive &preventive maintenance systems to achieve this track record.Services covered under Environmental Engineering and Management include thefollowing:Plant start-up including prescribing pre-operational checks.Station management services for Operation & Maintenance services for Coalbased and Gas based Combined Cycle plants.Development of Operation and Maintenance Management Systems &computerization.Supervision of Equipment Repairs and Unit Overhaul.Laboratory tests & field tests.State-of-the-art Operation and Maintenance training for coal based and gasbased units.Performance Analysis and Optimization.Condition Monitoring of critical equipment.Fuel Management.PG test/capacity test.Energy audit
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 68Fig – 3.4 STRUCTURE OF OPERATIONS & MAINTENANCE DEPARTMENTHOD (O&M)DGM (OPN) DGM (EMG) DGM (MTP)AGMSr. MANAGERMANAGERAsst. MANAGERENGINEERAGM AGMSr. MANAGER Sr. MANAGERMANAGER MANAGERAsst. MANAGER Asst. MANAGERENGINEER ENGINEER
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 69Primarily it is the operation and maintenance of the power projects which holds thekey for being successful as an Independent Power Producer. NTPC with its provenworld class track record of operating and maintaining the power stations andhaving provided this service successfully to many domestic clients is nowpositioned to offer this service to International clients through its InternationalCell. The O&M service has been tailored for international clients and consists ofthe following modules and sub-modules. However, this can be further tailored tomeet any client‘s expectationsMaintenance ManagementThe term ‗maintenance‘ means to keep the equipment in operational condition orrepair it to its operational mode. Main objective of the maintenance is to haveincreased availability of production systems, with increased safety and optimizedcost. Maintenance management involves managing the functions of maintenance.Maintaining equipment in the field has been a challenging task since the beginningof industrial revolution. Since then, a significant of progress has been made tomaintain equipment effectively in the field. As the engineering equipment becomessophisticated and expensive to produce and maintain, maintenance managementhas to face even more challenging situations to maintain effectively suchequipments in industrial environment.Functions of Maintenance DepartmentFollowing are the major functions of maintenance department:Maintenance of installed equipment and facilitiesInstallations of new equipment and facilities
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 70Inspection and lubrication of existing equipmentMonitoring of faults and failures using appropriate techniquesModifications of already installed equipment and facilitiesManagement of inventorySupervision of manpowerKeeping recordsMaterial ManagementAccording to Lee & Dobler - Material management as a confederacy of traditionalmaterial activities bound by a common idea- the idea of an integrated managementapproach to planning, acquisition, conversion, flow and distribution of productionmaterial from the raw material state to the finished product state.Function of Material ManagementTo arrange the facilities required for the material management.To dispatch the material to the production department.To look for new materials and suppliers that can contributes to companyprofits.Keep record of the material received, issued and balance.To receive the finished goods from the production department, to verifythem and store them properly till they are distributed.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 71To maintain the material handling equipment and other incidental items likepallets, containers, etc.Environment Management, Occupational Health and Safety SystemsNTPC has actively gone for adoption of best international practices onenvironment, occupational health and safety areas. The organization has pursuedthe Environmental Management System (EMS) ISO 14001 and the OccupationalHealth and Safety Assessment System OHSAS 18001 at its differentestablishments. As a result of pursuing these practices, all NTPC power stationshave been certified for ISO 14001 & OHSAS 18001 by reputed national andinternational Certifying Agencies.7S MODELThe 7-S-Model is better known as Mc Kinsey 7-S. this is because the two personswho developed their model, Tom Peters and Robert Watermen, have beenconsultants at McKinsey & Co at that time. They published their 7-S-Model intheir critical ―Structure is Not Organization‖ (1980) and their books. ―The Art ofJapanese Management (1981) and In Search of Excellence (1981)‖. The modelstarts on the premise that an organization is not just Structure, but consists of sevenelements.Those seven are distinguished in so called hard S‘s and soft S‘s. The hard elementsare feasible and easy to identify. They can be found in strategy statements,corporate plans, organizational charts and other documentations.The four soft S‘s however, are hardly feasible. They are difficult to describe sincecapabilities, values and elements of corporate culture are continuously developingand changing. They are highly determined by the people at work in the
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 72organization. They are highly determined by the people at work in theorganization. Therefore it is much more difficult to plan or to influencecharacteristics of the soft element. Although the soft factors below the surface,they can have great impact of the hard and structure, strategies and systems of theorganization.StyleAll organization has their own distinct culture and management style. It includesthe dominant values, beliefs and norms which develop over time and becomerelatively enduring features of the organizational life. It also entails the waymanagers interact with the employees and the way they spend their time. Culturestyle of the organization shows how key managers behave in achieving theorganization‘s goals. The style of the organization is through leadership in whichleaders can establish unity of purpose and direction of the organization. Theycreate and maintain the internal environment in which people are fully involved inachieving the organization goals.In NTPC there is a Democratic style of leadership with centralization of authorityand responsibility to the divisions. The employees have been empowered to dotheir work independently without pressures from their higher authority. They havethe ability to achieve their goals. The participation of workers in management isconsidered vital in NTPC.StaffOrganizations are made up of humans and it‘s the people who make the realdifference to the success of the organization in the increasingly knowledge-basedsociety. The importance of human resources has thus got the central position in the
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 73strategy of the organization, away from the traditional model of capital and land.Staff deals with the human resource management processes used to developmanagers, socialization process, ways of introducing young recruits to thecompany, ways of helping to manage the careers of employees.Staff means that the company has hired people, trained them well and assignedthem to the right job for which they are best suited according to theirqualifications, skills, knowledge and experience. An enterprise may have acomprehensive business play, a sound organization structure, but it cannotaccomplish results per plan without effective staff in the company. At present inNTPC there are no recruitments as they are overstaffed. They only training anddevelopment for the existing employees. NTPC maintained cordial andharmonious relationship with the employees.SkillsThe capabilities and competencies that exist within the company. What it doesbest. To improve the efficiency of the company. NTPC is giving full training to ourworkers for better utilization of skills.Shared ValueAll members of the organization share some common fundamental ideas or guidingconcepts around which the business is built. This may be to make money or toachieve excellence in a particular field. These values and common goals keep theemployees working towards a common destination as a coherent team and areimportant to keep the team spirit alive. Shared values means that the companiesshare the same guiding value. Values are things that would strive and even if they
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 74where demonstrably not profitable act as an organization conscience providingguidance in times of crisis.At NTPC each individual department have specific goals and objectives within theboard framework of its Vision and Mission. They act as the framework forachievement of organization objectives and goals efficiently and effectively. Theyalso bound to follow policies and procedures governed by the GovernmentStrategyStrategy is the plan of action an organization prepares in response to, oranticipation of, changes in its external environment. Strategy is differentiated bytactics or operational actions by its nature of being premeditated, well thoughthrough and often practically rehearsed.StructureBusiness needs to be organized in a specific from of shape that is generallyreferred to as organizational structure. Organization is structured in a variety ofways, dependent on their objectives and culture. The structure of the companyoften dictates the way it operates and performs.SystemEvery organization has some systems or internal processes to support andimplement the strategy and run day-to-day affairs. For example, a company mayfollow a particular process for recruitment. These processes are normally strictlyfollowed and are designed to achieve maximum effectiveness.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 75CHAPTER- 4SWOT ANALYSISStrenghts:- Largest market share in domestic power generation and a broad customerportfolio across the country. Excellent track record of performance in project implementation and plantoperation. Diversified thermal generation portfolio multiple sizes and fuel types. Highly skilled and experienced human resources, exposed to state of the arttechnologies in project execution and power generation. High brand equity among shareholders. Strong balance sheet ability to raise low cost debt. Engineering skills in project configuration and package design. Turnaround ability for old plants-demonstrated in the takeover plants ofTalcher, Tanda & Unchahar. Thrust on reducing social costs of capacity growth strong execution ofResettlement and rehabilitation plans. High credit rating that is indicative of the confidence of lenders.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 76Weakness:- Role ambiguity and dilution within different lends of the organization. Low risk-diversification of business portfolio consists primarily ofgeneration assets. Poor financial health of customers. Functional orientation hampering cross functional perspective in decisionmaking. Long and multi layered procurement process leading to long lead times andprocess delay. Fragmented IT architecture. Gaps in HR systems such as performance management, rewards andincentives and career development. Inadequate deployment of a strong knowledge management system thatcould assist in improving efficiency and effectiveness in all aspects of thebusiness.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 77Opportunities:- Expand generation capacities by putting up thermal and hydro capacities;maintain the position of a dominant generating utility in the Indian Powersector. Broad base fuel mix by considering imported coal, gas, domestic coal,nuclear power etc with a view to mitigate fuel risks and maintain long runcompetitiveness. Expand services for R&M and O&M activities in the domestic as well asinternational markets. Backward integrate into fuel management to exercise greater control andunderstanding of supply economics. Lead the development and commercial deployment of non-conventionalenergy sources especially in the distributed generation mode. Improve collections by trading, direct sale to bulk customers and the activerole in allocation in new plants. Execute increased number of power plants that classify for Mega PowerProjects status, thereby reducing the cost of the projects and power andpower generated. Forward integrate into the distribution business in India.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 78Threats:- Limited experience of operating in a truly liberalized environment withcompetition. Limited experience of operating in an independently regulated system. Redirecting power may be constrained by inter-regional connectivity. Downward regulatory and competitive pressure on tariffs. Stringent norms for approval of increase in capital costs for projects in eventof time overrun. Stringent environmental norms in the future may add to the cost ofgeneration. Absence of an independent regular for coal industry and the delay in privateinvestments.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 79CHAPTER- 5SUMMARY OF FINDINGS, CONCLUSIONS & SUGGESTIONSFindingsFollowing are the findings arrived at from the study carried out at NATIONALTHERMAL POWER CORPORATION LIMITED, Korba. I observed from the study that the co-ordination and co-operation betweenthe workers and the top management is good. The used zero based technique to prepared a new budgets which is verybeneficial for any company. The labours who worked under contractors, NTPC will pay payment throughbanks. It was seen during the study that the company has provide safetyinstruments for employees for their better performance. NTPC, Korba are face shortage problem of coal which is decrease theefficiency level. Management has provided all welfare facilities required to the employees. Meetings of AGM & DGM are held daily basis in every department whichare very much helpful to improve the efficiency. I found that the company has their own transportation facility for theemployees who come from the city and remote areas.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 80 It was heard that the company possess least percentage of accident ratescompare to similar organization. It was observed that the company has taken up lot of initiates forprotecting the environment. It seen during my stay in company that the company has best art oftechnology.ConclusionsAlthough from the above data and analysis it is concluded that the condition ofthe villages is note that good. There are still problems related to the watersources, ash pollution, drainage and sanitation but what I am analyzed duringmy training period that NTPC has installed many new technologies in its plantfor reducing the pollution and specially the ash pollution. NTPC has adoptedmeasures to effectively utilize the ash by making ash brick sand also sellingthem to other nearby organizations. It do a lot of plantation every year, recentlyit had planted 3, 00,000 plants and is planning to plant around 10, 00,000plants in coming years.NTPC are also doing well to developing the village, It has provided manysyntax, constructed wells, installed hand pumps, arranged adult educationcenters, skill up gradation centre for the adults so that they can earn their ownlivelihood. It has also provided jobs to many villagers on contract basis.Recently NTPC has promised to give Rs 10, 00, 00,000 for an EngineeringCollege in Korba and for IIT which is going to start in Raipur. For which it hadalready given the first installment of Rs 4, 00, 00,000.
Organization Study Conducted at NTPC, KorbaSambhram Academy of Management Studies, Bangalore 81Suggestions If they have their own mines it is very easy to get raw material. They should keep on improve good relationship with the customers to getmore orders. Provide good commission to the traders for further increase of sales. Conduct more training and development programs in the organization forEmployers. They should try to conduct safety awareness programs are regularlyarranged. Provide awareness about the facilities provided in township. Teamwork is essential for the development of any organization. NTPC should try to capture all regions of India. Develop the modern equipments which are in market. IT creates energized work forces that evolve with the organization.