NTPC Ltd http://www.alacrastore.com/company-snapshot/NTPC_Ltd-2537796 Saturday, August 30, 2008 10:09:47 AM 2537796 NTPC Ltd en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/bir/470912bir/470912normNTPC Ltd.IndiaUtilities: Construction of thermal power stations; generation and distribution of electricity.4911162987112211222379905413309IL5325557/16/2008 6:25:41 AM470912Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/fitch/392054_report_framefitch/392054_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.NTPC Ltd809154317/4/2008 10:17:31 AM01000000010200000103000001032200275Special Report532555392054_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/fitch/390348_report_framefitch/390348_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.NTPC Ltd809154316/19/2008 2:15:00 PM01000000010200000103000001032200425Full Rating Report532555390348_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/fitch/424248_pr_framefitch/424248_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.NTPC Ltd809154316/19/2008 10:15:00 AM0100000001020000010300000103220085Press Release532555424248_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/moodys/PBC_102069moodys/PBC_102069pdf...NTPC was incorporated in #### as a wholly-owned govern ment company, with the obj ective of accelerating the development of India's power industry. Since it built its first thermal unit in ####, the company has continued expanding its capacity through the construction of new pla nts and the acquisition of plants from State Electricity Boards (SEB), thereby making itself the largest power generation utility in India. In ####, NTPC was named as one of the nine initial "Nav ratna" (nine jewels) by the government thus giving itself a high degree of autonomy in making financial, inve stment and other decisions. The company was renamed NTPC Limited (from National Thermal Power Company Limited) in October ####. NTPC was partially privatized in #### when it held its IP O, but it is still largely owned by the government who as of September #### own ##.#% of its shares. The balance of ##.#% is held by financial institutions, banks and the general public. NTPC's shares are listed on the National... Company Profile3/30/2008 8:45:15 PMNTPC Limited600044712550.0000SpecialReportpdfNTPC LimitedPBC_102069Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/PR_151745_820324843moodys/PR_151745_820324843htmlGlobal Credit Research Announcement ## MAR #### Announcement: Cikarang Listrindo (P.T.) Moody's says Asia utilities outlook negative on acquisitions/capex Hong Kong, March ##, #### -- A growing number of debt-funded acquisitions combined...Announcement3/28/2008 1:19:37 AMCikarang Listrindo (P.T.)820324843150.0000Newshtml806781210SP PowerAssets Ltd732850Taiwan Power Company Limited600070858Korea Midland Power Co., Ltd.600070857Korea South-East Power Co., Ltd.600070417Perusahaan Listrik Negara (P.T.)600070129Korea East-West Power Co., Ltd.600070089Korea Southern Power Co., Ltd600069373Korea Western Power Co., Ltd.600066019Korea Hydro and Nuclear Power Company Limited600056078CLP Holdings Limited600044712NTPC Limited600044315Singapore Power Limited600036539Tata Power Company Limited (The)600012979Tenaga Nasional Berhad600012078National Power Corporation2432Korea Electric Power Corporation10600CLP Power Hong Kong LimitedCikarang Listrindo (P.T.); CLP Holdings Limited; CLP Power Hong Kong Limited; ...PR_151745_820324843Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/moodys/COP_600044712moodys/COP_600044712htmlGlobal Credit Research Credit Opinion ## AUG #### Credit Opinion: NTPC Limited NTPC Limited New Delhi, India Ratings Category Moody's Rating Outlook Stable Issuer Rating Baa# Senior Unsecured NR Contacts Analyst Phone Jennifer W. Wong/Hong...1/3/2008 8:05:00 PMhtmlNTPC LimitedNTPC Limited600044712150.0000NewsCredit OpinionCOP_600044712Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/fitch/314706_report_framefitch/314706_report_framepdf80743606National Hydroelectric Power Corporation Limited8066561882042950532810PTC India Limited53255580417179809154318204760782033770Reliance Energy Limited8329327684646669Special ReportNTPC Ltd532524Rural Electrification Corporation Limited500390Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Power Finance Corporation Limited12/24/2007 11:15:27 AM83379462250314706_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/moodys/PR_146481_820324843moodys/PR_146481_820324843htmlAnnouncement12/19/2007 12:29:43 AMGlobal Credit Research Announcement ## DEC #### Announcement: Cikarang Listrindo (P.T.) Moody's sees strong Asia utilities in #### despite moderate risk Hong Kong, December ##, #### -- Moody's Investors Service sees a stable rating...Cikarang Listrindo (P.T.)820324843150.0000Newshtml806781210SP PowerAssets Ltd732850Taiwan Power Company Limited600070858Korea Midland Power Co., Ltd.600070857Korea South-East Power Co., Ltd.600070417Perusahaan Listrik Negara (P.T.)600070129Korea East-West Power Co., Ltd.600070089Korea Southern Power Co., Ltd600069373Korea Western Power Co., Ltd.600066019Korea Hydro and Nuclear Power Company Limited600056078CLP Holdings Limited600044712NTPC Limited600044315Singapore Power Limited600036539Tata Power Company Limited (The)600012979Tenaga Nasional Berhad600012078National Power Corporation2432Korea Electric Power Corporation10600CLP Power Hong Kong LimitedCikarang Listrindo (P.T.); CLP Holdings Limited; CLP Power Hong Kong Limited; ...PR_146481_820324843Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/614888spcred/614888normThe latest Full Report from S&P11/23/2007 4:29:39 AMFull Report400global614888IndiaIndependent Power Producers & Energy TradersAsiaEmerging MarketsGlobal IssuersFinancial InstitutionsSovereignsInternational Public FinanceUtilitiesElectricTransportationFull ReportDominant market share in India's power generation industry Low off-take risk, supported by cost-competitive operations Diversified generation portfolio Adequate financial profile Financially weak customers Aggressive expansion plans NTPC Ltd. owns and operates coal, gas, and naphtha-based electricity generation units in India. It sells electricity to the state government-owned electricity utilities (SEUs). At Oct. 24, 2007, NTPC had installed generation capacity of 27,904 MW, accounting for about 21% of the country's installed capacity. For the year ended March 31, 2007, NTPC's operating revenues rose 25% to Indian rupee (INR) 341 billion and net income from continuous operations increased 18% to INR69 billion. The rating on NTPC reflects the following strengths: Dominant market share. NTPC is the largest electricity generator in aIND55105010 551050 5510 55NTPC Ltd.323531ASIAEMERGINGNATP@INFULLIND20304010 203040 2030 2040201040 402010 4020 4055101010 551010 5510 55India (Republic of)Power Finance Corp. Ltd.Indian Railway Finance Corp.National Hydroelectric Power Corp. Ltd.Export-Import Bank of India111682320890323303373763375655ASIAEMERGING1504Z@IN1014Z@ININFZ@IN1005Z@INGLOBISSFISOVGOVSUTILElectricTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/614889spcred/614889normThe latest Summary from S&P11/23/2007 4:29:39 AMSummary175global614889IndiaIndependent Power Producers & Energy TradersAsiaEmerging MarketsGlobal IssuersSovereignsUtilitiesElectricSummaryNTPC Ltd. owns and operates coal, gas, and naphtha-based electricity generation units in India. It sells electricity to the state government-owned electricity utilities (SEUs). At Oct. 24, 2007, NTPC had installed generation capacity of 27,904 MW, accounting for about 21% of the country's installed capacity. For the year ended March 31, 2007, NTPC's operating revenues rose 25% to Indian rupee (INR) 341 billion and net income from continuous operations increased 18% to INR69 billion. The rating on NTPC reflects the following strengths: Dominant market share. NTPC is the largest electricity generator in a country where demand for electricity consistently exceeds supply. In fiscal 2007, it generated about 189 billion kilowatt-hours (kWh) of electricity, 28% of the total electricity generated inIND55105010 551050 5510 55NTPC Ltd.323531ASIAEMERGINGNATP@INSUMMARYGLOBISSSOVUTILElectricCredit & Investment ResearchS&P Credit Research