A K Jha to take additional charge of NTPC CMD post

After refusing extension to Arup Roy Choudhury as Chairman and Managing Director of NTPC, the government  gave additional charge of this post to the state-run power major's Director (Technical) A K Jha for three months from September 1. The official  said that the government decided to make this arrangement because a search committee headed by Power Secretary P K Pujari is in the process of shortlisting the suitable candidates for the post.58-year-old Choudhury was appointed as head of India's largest power producer by the UPA government in September 2010 for five years term, which was extendable till he attains 60 years of age, i.e. The age of retirement.

About NTPC

NTPC Limited (also known as National Thermal Power Corporation Limited) is an Indian Central Public Sector Undertaking (CPSU) under the Ministry of Power, Government of India, engaged in the business of generation of electricity and allied activities. It is a company incorporated under the Companies Act 1956 and a "Government Company" within the meaning of the act. The headquarters of the company is situated at New Delhi. NTPC's core business is generation and sale of electricity to state-owned power distribution companies and State Electricity Boards in India. The company also undertakes consultancy and turnkey project contracts that involve engineering, project management, construction management and operation and management of power plants. The company has also ventured into oil and gas exploration and coal mining activities. It is the largest power company in India with an electric power generating capacity of 43,803 MW . Although the company has approx. 18% of the total national capacity it contributes to over 27% of total power generation due to its focus on operating its power plants at higher efficiency levels (approx. 83% against the national PLF rate of 78%)