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NTPC_AnnualReport_2007-08

NTPC_AnnualReport_2007-08 - Powerful Growth Naturally NTPC...

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2007-2008 32 nd Powerful Growth Naturally!
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VISION “A WORLD CLASS INTEGRATED POWER MAJOR, POWERING INDIA’S GROWTH, WITH INCREASING GLOBAL PRESENCE” CORE VALUES (B-COMIT) B USINESS ETHICS C USTOMER FOCUS O RGANISATIONAL & PROFESSIONAL PRIDE M UTUAL RESPECT & TRUST I NNOVATION & SPEED T OTAL QUALITY FOR EXCELLENCE CORPORATE 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 ”
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32nd Annual Report 1 CORPORATE OBJECTIVES Business portfolio growth To further consolidate NTPC’s position as the leading thermal power generation company in India and establish a presence in hydro power segment. To broad base the generation mix by evaluating conventional and non-conventional sources of energy to ensure long run competitiveness and mitigate fuel risks. To diversify across the power value chain in India by considering backward and 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 services brand in the domestic and international markets. Customer Focus To foster a collaborative style of working with customers, growing to be a preferred brand for supply of quality power. To expand the relationship with existing customers by offering a bouquet of services in addition to supply of power e.g. trading, energy consulting, distribution consulting, management practices. To expand the future customer portfolio through profitable diversification into downstream businesses, inter alia, retail distribution and direct supply. To ensure rapid commercial decision making, using customer specific information, with adequate concern for the interests of the customer. Agile Corporation To ensure effectiveness in business decisions and responsiveness to changes in the business environment by: - Adopting a portfolio approach to new business development. - Continuous and co-ordinated assessment of the business environment to identify and respond to opportunities and threats. To develop a learning organisation having knowledge-based competitive edge in current and future businesses. To effectively leverage Information Technology to ensure speedy decision making across the organisation. Performance Leadership To continuously improve on project execution time and cost in order to sustain long run competitiveness in generation. To operate & maintain NTPC stations at par with the best-run utilities in the world with respect to availability, reliability, efficiency, productivity and costs.
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