Annex-II to Directors Report

REPORT ON CORPORATE GOVERNANCE

Corporate Governance Philosophy I ou Compa y Cor aeGov ra c phl oph se n r n , port en n e i os y tms fom ou beif h t or aeg en n ei ak yee n r r l ta c port ov ra c s e lme t e i i ovn e in y a d gowt a wela e h n ig n mpr ig fce c n r h s l s n a cn iv sor c n e a d a c digy te Cor ae n et on de c n c or n l, h port Gov ra c phl oph h sbe ns r e a u de: en n e i os y a e ci d s n r pt a u de: sn r () S v nfn t a Di cor icu n teCh i n i e e u ci l r t s n ldig h ar on e ma & Ma a igDi cor n gn r t , e (i T g en n n n e a d i wo ov rme t omie s n ) (i Nie ide n n di cor a pe te i) n i n pe de t r t s s e r h rqurme t teLsigAge me t e i e n of h it n re n.

ag As ood c port ct e ,te Compa yi c or ae iz n h i n s ommie td t t s n c port prcie ba e on c s in e 2.2 Composition o ou d or ae a t s s d c on ce c , ope n s,fi e s pr e son l m a d a c na ly i n e s ar s, ofsi ai n c ou tbit n n s i T eB r of rcor h v a opt m c h oad Di t s a e n i e mu ombiai nt on bul n c n eoft v r ssa e ol r i itee i g on de c i ai tk h des n th rby di s ou t ofe e uie a d n -e e uie Di cor.Ason 31s x c t n on x c t v v r ts e pa igtewa f i l gtr s c e s vn h y ort on em u c s. s Mac 2010, te B r c rh h oad ompr e s v ne n i d e e te s Di cor ou of ihsxweewh e i fn t a r t s t whc i r e ol-t me u ci l on Ou c r ompa ybeiv si itgi a an c sayc dion n l e n ne ry s e e s r on t e t i Di cor icu n teCh i n& Ma a igDi cor r t s n ldig h e ar ma n gn r t . e f e duigs c e s Ta s rn y fi e s a c na ly or n r u c s. rn pae c ,ar s, c ou tbit n n i On wh e i Di corc a e t be Di coron e ol-t me r t e s d o e r t e a d rs sbit aetepiasofh Compa ysbu ie s n e pon i ly r h l r te i l n sn s t te B r of te Compa y wi efc fom 31s h oad h n t fe t r h a t ie . ci t s vi De e c mbe 2009.An h ric mbe ti hsplc h s r ote n u n n i ae a B sde a eigt pr ii sof it gAge me t ae e i s dh r o ovson Lsi n n re n we r be n a e ppoitd by te Gov rme tofIdi w.. ne h en n n a ef . h as f l n g i l e on Coport Gov ra c is e lo ol owig udei s n ae en n e su d 13t Ma ,2010.T Di cor ae n n e ofte y wo r t s r omie s e h byDe rme t P bl E tr ie , en n ofn a pat n of u i nepr s Gov rme t Idi. c s Gov rme t of Idi. T e B r as h s nn en n n a h oad lo a ie ide n n Di cor wh h v be na n pe de t r t s o a e e ppoitd by e ne 1.2 Corporate Governance Recognitions te Gov rme tofIdi tr g as ac c h en n n a hou h e rh ommie te t c si td f te pupos .T e Di cor br g t on tue or h t r e h r ts i o e n I rc nt of x eln ei Cor aeGov ra c , n e og ion e c l c n port i e en n e te B r wi rn e ofe pein e a d sis Bif h oad de a g x r c n kl . r e l e duigtey a teCompa ywa a u e a on of r h e rh n n s djdg d s e pr l ofte Di cor i s tou es wh r i te oe h r tss e e t le ee n h tebe t ov re c h s g en d ompa yofn abyajr h a d n Idi uy e de An u l e t n a R por. by F me Che J sie ofIdi a d wa c fre or r if u t c n a n s onerd ICSI National Award for Excellence in Corporate T e l t g a re nswi soc e c a g ssi lt h i i ge me t t t k x h n e t ae sn h pu Governance 2009 by te Isi t ofCompa y h n tue t n h l of te B r me af h oad mbes t be ide n n r o n pe de t S ceaisofn a e rtr e Idi. di cor. r ts e T e Compa y h s as ba g d Golden Peacock h n a lo g e We ae c r ompl n wi Clu e 49 (A)ofte Lsig i t t as a h I h it n Global Award for Excellence in Corporate Age me trg r n c re n e adig ompost ofte B r of ion i h oad Governance for the year 2009 by te Gol n h de Di cor. r ts e P a oc Gl l e c k oba AwadsJ r, n r h Ch i n hp r uy u de te ar s i ma 2.3 Age limit and tenure of Directors of or r r Miitr S de . f me Pi me nse of we n
2. BOARD OF DIRECTORS T ea el t teCh i n& Ma a igDi cor n h g i of h mi ar ma n gn r t a d e ote wh e i fn t a Di cor i 60 Y as h r ol-t me u ci l r t s s on e e r. T e Ch i n & Ma a ig Di cora d ote wh e h ar ma n gn r t n e h r ol t F n t a Di cor ae a i u ci l r t s r ppoitd f a pei me on e ne or r od of e y asfom te dae oftkn c ag ortl h v er r h t a ig h re i te l daeof u rn u t ofh ic mbe tori frh r t s pea n ai on te n u n, tlute l isrci sfom teGov rme tofIdi, ih v r n tu t on r h en n n a whc e e e e t c r e re. v n oc us al r i Gov rme tNomie Di cor rprs nig Miity en n n e r t s e ee t e n nsr ofP owe,Gov rme tofIdi rte fom te B r r en n n a ei r h oad r onc a igt beofcasof h Miityof owe. e sn o il te nsr P r Ide n n Di cor ae a n pe de t r t s r ppoitd by te e ne h Gov rme t Idi u u l f tn r of he y as en n ofn a s al or e ue tre e r. y

2.1 Size of the Board WeaeaGov rme t r en n Compa ywi i teme nn of n tnh h a ig s ci 617 of te Compa is Ac, 1956 a te et on h ne t s h Pe i n ofIdi prs nl h ds8 5% ofte t a rsde t n a e e t ol 4. y h otl pad-u s ae c pi lAspe ArilsofAsocai , i p hr a t. a r t e c s it on te powe t a h r o ppoitDi cor v ssi te Pe i n n r t s e t n h rsde t e ofn a Idi. I tr of h Arilsof s it of h Compa y n ems te t e Asocai c on te n srn t of ou B r s aln be ls ta f r te gh r oad h l ot e s h n ou Di cor or mor ta t ny Di cor. T e e r ts e e h n we t r t s hs e Di cor ma beete wh e i fn t a Di cor r ts y e i r ol-t u ci l r t s h me on e or r-t Di cor. h c si t of h B r i pat i me r t s T e on tui e t on te oad s 70 34th Annual Report 2009-2010

2.4 Board Meetings T e me t g ae c v n d by gvn a opr t h ei s r on e e n iig ppr i e a a a c n ie atr obtiig a ov l of te dv n e ot c fe ann ppr a h Ch i nofh B r Commie . oa e s pe ic ar ma te oad/ t e T ddrs s c t ug n n e me t g aeas ben c l d a as ore re t e d, ei s r lo ig al t h tr n e n ie I c s ofe ie ce orug n y rs ui s ot . n a e c xg n is re c , e olt on aepa s d bycruai . r se i lt c on Deald a e da ma a e n rpors a d ote ti e g n , n g me t e t n hr e pln t y sae ns ae cruae i a a c i x a aor ttme t r i ltd n dv n e n c te de n d a e daf ma a h e g n or t mon s te me g th mbesf r or fclaig me nn fl if me a d f u e a itt i n a igu, nor d n oc s d de ii sa te me t g . ee i i n prcia e cson t h ei s Wh r t s ot a t bl n c t cruae a y doc me t or te a e da i of o i lt n c u n h gn s c nil n tr, te s me i tbld wi te on de t a aue h a s a e t h h a ov lofCMD.S n iv matr ae dic se a ppr a e st e tes r s u s d t i teme t gwi ou wrtnmaeil igcruae h ei n t t ie h t tr ben i ltd. a c
S. Directors No. Meeting held during respective tenures of Directors No. of Board Meetings Attended

T e me t g ofte B r ofDi cor ae n mal h ei s n h oad r t s r or l e y h l a teCompa ysrgsee ofc i Ne Deh. ed t h n e itrd e n w li Niee n B r Me t g wee h l duig te n te oad ei s n r ed r n h a ca y a 2009-10 on Apr 16,Apr 28 Ma 22, n n il e r i l i , y l J n 22, u e 29, uy22, uy27, g s 13, g s ue Jn Jl Jl Au u t Au u t 31, e e S ptmbe 11, t r Ocobe 23, e r Ocobe 13, t r Nov mbe r 11,De e c mbe 10,De e r c mbe 29,2009,J n ay 9, r aur J n ay 29,F bray 24 a d Mac 13,2010.T e aur e ur n rh h ma i m itra bewe n a yt me t g duig xmu nev l t e n wo ei s r n n ti pei wa 31 da s Deal ofn mbe ofB r hs r od s y . ti s u r oad me t g atn d by Di cor,atn n e a ls ei s te de n r t s te da c t a t e AGM, n mbe of ote di corhp/ c u r h r r t si e ommie te t me mbes i (i. diCommie a d S ae ol r rhp vz Au t t e n h rh des t Gr v n e Commie a pe S B Cor ae i ac e te s t r EI s port Gov ra c Code h l byte duigtey a 2009en n e ) ed hm r h er n 10 aetbuae beow: r a ltd l
Number Attendance of other at the last DirectorAGM ships held ( held on 17.09.09) on 31.03.10 Number of Committee memberships in companies on 31.03.10$

AsCh i n ar ma 1 2 3 Functional Directors S rRS S ama hi .. h r Ch i n& Ma a igDi cor ar ma n gn r t e S . a da R h Ch n n oy Di cor Opeai s r t ( rt ) e on S rRK J i hi .. an Di cor T c nc l r t (e h ia) e ( pt 31. 2009) u o 12. S rA.. ig a hi K Sn h l Di cor Fn n e r t (ia c ) e S . . S r a tv h RC hi sa v Di cor HR r t ( ) e S . .. be h KB Du y Di cor Pojcs r t (r e t) e ( pt 31. 2009) u o 07. S rI . a hi. K poor J Di cor Commeca) r t ( e ril S rBP Sn h hi .. ig Di cor Pojcs r t (r e t) e (r 01. . Fom 082009) Non-executive Directors ( Government Nominees) S rV.. oy hi P J J (h) Miityof owe S T ., nsr P r ( pt 04. 2009) u o 05. S rI P K s ai hi. . e h r C. J (h) Miityof owe S T ., nsr P r (r 04. 2009) fom 05. S rR k s J i hi a e h an J &F Miityof owe S A, nsr P r (r 09. 2009) fom 06. 19 19 15 19 18 15 Ys e Ys e Ys e 9 6 * NA 2 * NA

AsMe mbe r * NA

4 5 6

19 19 7

19 18 6

Ys e Ys e * NA

12 6 * NA

2 * NA

4 3 * NA

7 8

19 12

19 12

No Ys e

5 3

* NA

* NA

* NA

* NA

10

17

16

No

11

16

15

Ys e

34th Annual Report 2009-2010

71

S. Directors No.

Meeting held during respective tenures of Directors 19 19 19 19 19 19 19

No. of Board Meetings Attended

Attendance Number at the last of other AGM Director( held on ships held 17.09.09) on 31.03.10 Ys e Ys e Ys e No Ys e Ys e No 1 2 2 1 1

Number of Committee memberships in companies on 31.03.10$

Independent Directors 12 13 14 15 16 17 18 S rM. B c hi N. u h F me S ceay GOI or r e rtr, S rS a tNaan hi h ni ri F me Me or r mbe, al yB r rR i wa oad S rPK S n u a hi .. e g pt F me CMD, ln aLd. or r Coa Idi t S rK Dh r rjn hi . amaaa F me DG,IT or r I F DrM. idaR o . Govn a Di corNIF r t , PP e S rK n l t hi a wa Nah E De t, x puy C&AG S rAde hJ i hi s an Pe i n, r e t n g me t rsde tPojc Ma a e n Asocae , nr f E c l n e s its Ce te or x el c e i Pojc Ma a e n n r e t n g me t S rA.. a wak hi K S n la E -Ge ea Ma a e, te s x n rl n g rNorh a t Fonir al y r t Ri e wa S rS nos Na t a hi a t h ui l y E -Ch i n Nai a Hih y x ar , t l g wa ma on Auh i ofn a tory Idi t 17 11 18 14 16 16 16 1 1 1 3 1 1 -

19

19

19

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20

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Ys e

* idiae ta c c re pes wa n aDi cor NT C B r onterlv n dae NA n c ts h t on en d ron s ot r t on P s oad e h ee a t t. $I l ewi ca s 49 of it gAge me tonyteAu t ni n t lu e h Lsi n re n, l h diCommie a d S ae ol r/n e t sGr v n eCommie t e n h rh des Iv sor i a c t e te t h v be ntk nit c sdeai i rc onn ten mbe of ommie me a e e a e no on i rt n e k ig h u on r c t e mbes i of rcor or ar na d a t rhps Di t s Ch i e ma n s Me mbe. r 2.5 Information placed before the Board of Directors: T e B r h sc h oad a omplt a c s t a y if mai ee c e s o n nor t on wi i te Compa y T e if mai rg lr tn h h n . h nor t on e ual y s ppl d t teB r icu s u i o h oad n lde : e An u lopeaig pln a d bu es a d a y na rt n as n dg t n n u ts pdae . Ca tl u esa d a yu ts pi B dg t n n pdae . a R ve of oge sof g n pr e t icu n e iw pr rs on oig ojcs n ldig cic lis e a d ae s n e n ma a e n ria su s n ra e dig n g me t t atni te t on An u l c ns Di cor e tec n a Ac ou t, r t s R por, t. e Qu rel a ca rs l f tec atr n n ile ut or h ompa y y s n. Miue ofme t g ofAu tCommie a d n ts ei s n di te n t ote Commie sof h B r hr t e te oad. t Miue of me t g of B r of Di cor of n ts ei s n oad r ts e s bsdir c u i ay ompa is ne 72 34th Annual Report 2009-2010 T eif mai onrcut n a d pr h nor t on e ri me t n omot of i on s norofc r t te lv lofE e uie Di cor e i es o h e e xct v r t e whc i js beow teB r lv l n Compa y ih s u t l h oad e e a d n S ceay e rtr. F tl s r s c i nsda g r s c re c s aa or ei a cde t, n eou oc urn e , ou ec t. Opeai a hg l hs a d s bsa t l n rt l ihi t n on g u tni on a pa me t or oodss d byteCompa y y nf g ol h n. Maoriv sme t, or t ofs bsdir sa d j n e t ns f mai on u i ai n e J n Ve trs SrtgcAla c s ec oit nue , tae i l n e , t. i Awad ofag c ta t. r lre onrcs Dicos r of Itrs by Di cor a t s l ue nee t r t s bou e di corhp a d c r t s i n ommie post soc u e e te t ion c pid i byte i ote c h m n h r ompa is ne . Qu rel R por on atr y e t e pos rs x ue . f eg orin ecag xhne

An sg ic n de eopme tnHu nR s re / y in a t v l n i ma e ouc s

3.

Idu til eai siesg igof g a re n, 5. Not ga n sr R lt l inn wa e ge me t a on k i ppoit n a d rmov l e tra a di s n nme t n e a of xen l u t . or i e nai of u tr R te n S h me mplme tt on Volnay ei me t c e , r Rc e omme diga difeof xen l u t sa d as n n u te e tra a di or n lo ec t. a ov lor y n f a yote s rie ppr a f pa me t or n h r evc . Non -Compl n e ofa y rg lt y sauor or 6. R ve n , t tema a e n, h a n a a ca i c a n e uaor, ttt y e iwig wi h h n g me t te n u l n n il l t g rqurme t a d s ae ol r s rie ii e i sn e ns n h rh des evc s sae ns beor s bmison t te boad f ttme t f e u si o h r or s c a n -pa me t dii n dea i s ae u h s on y n of vde d, ly n h r a ov lwi pat ua rfrn et ppr a, t ri lr eee c o: h c ta se, t. rn frec a Matr rqurd t beicu d i teDi cor . tes e i o e n lde n h r t e s S or tr iv sme t s r u fn . h t em n e t n of upls u ds R s sbit Sae n t be icu d i te e pon i ly ttme t o i n lde n h If mai rlt gt maore a dipue . nor t eai o j lg l s ts on n B r srpori tr of lu e( oad e tn ems ca s 2AA) s ci of e t on 217 of h Compa isAc, te ne t1956; Hihihsofi gl t g mpora te e t fom ls me t g tn v ns r a t ei n t tec re t eig o h urn me t . n b. Ch n e , i a y i a c nig pol is a d a g s f n , n c ou t n ie n c prcie a d ra on f tes me a t s n e s s or h a ; c COMMITTEES OF THE BOARD OF DIRECTORS T e B r h s e tbl h d h oad a sa i e s Commie st e: t i ) Au t diCommie . te t te h fl n ol owig c Maor a c nig e tis iv vn e t ts . j c ou t n nr e n olig si e ma ba e on te e ecs of jdg n by sd h x rie u me t ma a e n; n g me t d. Sg ic n a u t ns ma i te a ca in a t djsme t de n h n n il sae nsaiigou of u t n n s ttme t r n s t a di dig ; e Compl n e wi l t g a d ote lg l . i c a t ii h sn n hr ea rqurme t rlt gt a ca sae ns e i e ns eai o n n il ttme t; n f Dicos r of n rltd pat ta s ci s . s l ue a y eae ry rn a t ; on g Qu l c t si tedrf a dirpor. . ai ai n h at u t e t on

i S ae ol r /n e t sGr v n eCommie . i ) h rh des Iv sor i a c e te t i) R mu eai Commie i e n rt i on te t i) Commie onMa a e n Conr s v te t n g me t tol. v ConrcsS b- Commie . ) ta t u te t v) Pojc S b-Commie . i retu te t vi Iv sme tConr t S b-Commie . i n e t n/ ti i u ) bu on te t

7. R ve n , wi te ma a e n, pef ma c of e iwig t h h n g me t ror n e sauor a ditra a di s tea qu c ofnen l ttt y n nen l u t ,h de a y itra or vi Commie ofte B r f al me ta d posi) i t e h oad or l t ot n n t c tols se a d s g e t f i ov me tof onr y tms n u g si or mpr e n on al me t ciie of P sS c ris l ot n a t t s NT C e uie vi t tes me h a . i) Commie f F rh rP bl Ofeig ofNT C 8 R ve n te a qu c ofitra a di fn t , x t e or ute u i fr t c n P s . e iwig h de a y nen l u t u ci on S c ris e uie t icu n tesrcueofh itra a dide rme t n ldig h tu tr te nen l u t pat n, sa g a d s nory of te ofca h a n te tfn n e i i t h il e dig h 3.1 AUDIT COMMITTEE de rme t rporig srcue c ea e a d pat n, e t n tu tr ov rg n fe e c ofnen l u t rqu n y itra a di . T e c si t ,qu u s ope ec ofte Au t h on tui t on orm, c , t. h di Commie i i l e wi te Compa isAc,1956, 9. Dic si wi itra a di s a y sg ic n t e sn i t n t h h ne t s u son t nen l u t h or n in a t pr ii s ofLsig Age me ta d Gudeie on ovson it n re n n i l s n dig a d f l u tee on R ve ofitra n n s n ol ow p h r . e iw nen l Cor ae Gov ra c a is e by De rme tof port en n e s su d pat n a di obs rai s ousa dig f mor ta t u t ev t on ttn n or e h n wo P bl E tr ie , tofn a u i nepr s Gov. Idi. c s y as e r. 10. R ve n te dig of n itra iv siai sby e iwig h n n s a y nen ln e t t g on te itra a di s it matr wh r tee i h nen l u t or no tes ee h r s 1. Dic si wi Au t s pei c l a titra s u son t h di or r odial bou nen l y s s ce fa d orie uai ora fi r ofitra u pe td ru r g lry r t al e u nen l c tols se a d te s ope of a di icu n onr y tms n h c u t n ldig c tol y tmsofamaeil auea d rporigte onr s se tr n tr n e t h a n obs rai sof h a di s ev t on te u t . or matr o teB r te t h oad. 2. R ve n , wi te ma a e n, te qu rel e iwig t h h n g me t h atr y 11. Dic si wi sauor a di s beor te a di s u son t ttt y u t h or fe h u t a ca sae nsbeor s bmison t te B r n n il ttme t f e u si o h oad c omme c s a tte n tr a d s ope ofa di a n e , bou h aue n c u ts f a ov l or ppr a. wela h v pos-a di dic si t a c ran a y l s ae t u t s u son o s eti n ae of on en ra c c r. 3. E s r Compl n eofnen l tol y tms n ue i c a Itra Conr S se . o ook no h e s s or u tni dea l n h a s 4. Ov rih ofh c esg t te ompa ys a ca rporigpr e s 12. T l it te ra on f s bsa t l fut i te n n n ile t n oc s pa me t t te de i s de nue h des y n o h post , be tr ol r, or a d tedicos r oft a ca if mai t e s r n h s l ue i n n ilnor t o n ue s on s ae ol r (n c s ofn pa me tofde lrd h rh des i a e on y n cae ta te a ca sae n i c rc,s fce ta d h t h n n il ttme t s ore t u in n dii n )a d ce t s vde ds n rdi . or ce bl. rdi e 34th Annual Report 2009-2010 73 Scope of Audit Committee

13. R ve ofObs rai sofC&AG icu n sau of i J n S ceay& Fn n il ior(S & F , nsr e iw ev t on n ldig tts i oit e rtr ) ia ca Advs J A) Miity Gov rme t dipaa . en n Au t rs ofP owe ( r MOP,Gov rme tofIdi n n td on ) en n n a omiae teB r of P h oad NT C 14. T rve te fn t ig of te Whsl Bowe o e iw h u ci n on h it l r e me h ns c a im. Composition t rh h di t e ompr e t id s 15. Iv siai it a y matri rlt t te i ms Ason 31s Mac 2010,te Au tCommie c n e t t no n g on te n eai o h t on e tef l n me h ol owig mbesr: s c d a eor eerd t ibyteB r pe ie bov rfre o t h oad. 16. T rve te f l o e iw h ol ow u a t p ci tk n on te on a e h rc e omme dai s of Commie n t on t e on P bl t u i c Un ra ig ( U)of h P ra n. detkn s COP te al me t i 17. Povde a ope a e u ofc r i n n vne ommu iai bewe n nc t on t e te ide n n a di s itra a di s a d te h n pe de t u t , nen l u t or or n h B r of rcor. oad Di t s e 18 R ve wi teide n n a di tec diai . e iw t h n pe de t u t h o-or n t h or on ofa di ef t t a s r c u t fors o sue ompltn s ofc ea e ee e s ov rg , rdu t ofrdu da tef t,a d te efcie u e e ci on e n n fors n h fe t v s of la dirs re . al u t e ouc s S rK Dh r rjn hi . amaaa S rPK S n u a hi .. e g pt S rS a tNaan hi h ni ri S rK n l t hi a wa Nah S rR k s J i hi a e h an w.. 09. 2009 ef 06. . Ide n n Di cor n pe de t r t e Ide n n Di cor n pe de t r t e Ide n n Di cor n pe de t r t e Ide n n Di cor n pe de t r t e Gov rme t en n Nomie ne

Di cor (ia c ) a d He d of Itra Au t a d te r t Fn n e n e a nen l di n h Sauor Au t s ae ivtd t te Au t Commie ttt y di or r n i e o h di te t Me t g f itrcigwi teme ei s ornea t n n t h h mbes tec r ofh ommie . te t B sde , tAu t softe Compa yae as ivtd t e i s Cos di or h n r lo n i o e teme t g ofh Au t h ei s te diCommie a a d wh nrqurd. n te sn t e e i e 19. Con i r a d rve te f l n wi te sde n e iw h ol owig t h h S norfn t a e e uie ae as ivtd a a d wh n e i u ci l x c t s r lo n i on v e s n e ide n n a di a d tema a e n: n pe de t u t n h or n g me t rqurd t pr i n c sayipust tec e i o ovde e e s r n t o h ommie . e te t a T e a qu c of itra c tol icu n ) h de a y nen l onr s n ldig h n e rtr cs s h e rtr o h c ompueie if mai s se c tol a d T e Compa y S ceay a t a te S ceay t te tr d nor t z on y tm onr s n Commie . te t s c ry a d e ui , n t b) R ltd dig a d rc eae n n s n e omme dai s ofte Meetings and Attendance n t on h ide n n a di n pe de t u t a d itra a di , Sxme t g of h Au t or n nen l u t or i ei s te diCommie weeh l duigte n t e r ed r h t n t eh r t tema a e n rs s s og te wi h h n g me t e pon e . a ca y a 2009-10 on Ma 21,J l 27,Ocobe 5, n n il e r y uy t r Ocobe 23, e t r Nov mbe 11, r 2009 a d J n ay29, n aur 2010. 20. Con i r a d rve te f l n wi te sde n e iw h ol owig t h h ma a e n,itra a di a d te ide n n T e deal ofte me t g ofAu t n g me t nen l u t n h n pe de t h or ti s h ei s n di -Commie atn d t e te de t a di : u t or byteme h mbesaea u de: r r sn r a Sg ic n dig duigtey a,n ldigte ) in a t n n s r h e ricu n h n sau of e i sa dirc tts prvou u t e omme dai s n t . on b) An di c le e c nee duig a di wor y f ut s n ou trd r i n u t k icu n a y rsr t s on te s ope of n ldig n e ti i c on h c a t ie or c e st rqurd if mai . ci t s a c s o e i nor t vi e on 21. R ve n wi te ma a e n,sae n ofu e / e iwig t h h n g me t ttme t ss a iai offn rie tr g a is e ( bl ppl t c on u ds as d hou h n su pu i c is e r h is e prfrnilsu ec) sae n of su , i t su , eee t is e t., ttme t g a fn uis d f pupos s ote ta sae i te u ds tie or r e h r h n ttd n h l ofe doc me t/ os cu /ot e a d te rpor fr u nspr pe tsn i n h e t c s bmie by te mont ig a e c mont ig te u td t h i n gny or i n h or uis t of oc e of pu i or ihsis e a d tiai l on pr e ds a bl c r t su , n g ma iga opr t rc kn ppr i e e omme dai st teboad t a n t on o h r o tk u se i ti matr a e p tps n hs te. Constitution Members of Audit Committee S rK Dh r rjn hi . amaaa S rP K S n u a hi . . e g pt S rS a tNaan hi h ni ri S rK n l t hi a wa Nah S rR k s J i hi a e h an Meetings held during his tenure 6 6 6 6 5 Meetings attended 6 5 4 5 5

S r K Dh r rjn Ide n n Di corc ard alte hi . amaaa , n pe de t r t h i e e lh me t g ofAu tCommie h l duig te y a 2009ei s n di t e ed r h e r t n 10. Howe e,ntea e c of hi . amaaa , hi.. v ri h bs n e S rK Dh r rjn S rPK S n u a Ide n n Di cor atn d te An u l e g pt, n pe de t r t te de h e na Ge ea Me t g ofte Compa y a te Ch i n ofte n rl ei n h n sh ar ma h Au t Commite t a s r te qu r s of te di t e o n we h t ei e h s ae ol r. h rh des

T e Au t Commie h s be n c si td wi te Di cor Fn n e a d He d ofnen l diweeprs n h di te a t e on tue t t h h r t (ia c ) n e a Itra Au t r e e t me mbes i of rhp : i al diCommie Me t g h l duigtey a u de n lAu t t e ei s ed r h e r n r t n n e iw s n i s s e r e i e n it n i F ride n n Di cor t be n n td by te rve a ivte a pe rqurme t of Lsig ) ou n pe de t r t s o e omiae h Age me t re n. B r fom t t t . oad r i o i me me 74 34th Annual Report 2009-2010

3.2 SHAREHOL DERS COMMITTEE

INVESTORS

GRIEVANCE

T e deal ofte c h ti s h omplit rc ie duig te y a ae ans e ev d r h e r r n a u de: sn r Particulars S B /Soc EI t k Ecag xhne c omplit ans Ote IO rltd h rP eae c omplit ans Ote Dii n h r vde d rltd eae c omplit ans T a otl Opening Received Resolved Pending Balance 1 27 28 0

T e Compa y h s c si td h rh des / Iv sor h n a on tue S ae ol r n e t s t Gr v n eCommie i ac e t e. t Scope of the Committee T i Commie l sit rdrsa ofS ae ol ra d hs t e ook no e e s l t h rh des n Iv sorc n e t s omplit l e dea i ta se ofs ae ,n ans i k ly n rn fr h rs on rc i of aa c S e tn -rc i of cae dii n e ept B ln e h e, on e ept de lrd vde d ec a wel sc t. s la omplit/r v n e of h B dh des ansgi a c s te on ol r. e Constitution

0 5

949 7738

949 7738

0 5

T eCommie h sbe nc si td wi teme h t e a e on tue t t t h h mbes i rhp 6 8 714 8 715 5 of : ans h n n s rh 2010 i On Nomie Di cor of Miity of P ) e ne r t e nsr owe Iv sorc r n e t omplit s own pe dig a on Mac 31, h v be natn d s bs qu nl. a e e te de u e e t y rprs ne onteB r of P e e e td h oad NT C i Di cor Fn n e , P a d i ) r t (ia c ) NT C n e i) Di cor HR or rcor T c nc l, P i i r t ( ) Di t (e h ia) NT C e e i) On Ide n n Di cor v e n pe de t r t . e Number of pending share transfers

As on Mac 31, 2010, n s ae ta se rqu s wa rh o h r rn fr e e t s pe dig S ae Ta ses h v be n afce duig te n n . h r rn fr a e e fe td r h n y a wel ti tet prs r dbyteSoc E c a g s e r lwi n h i h me e ci be h t k xhne Composition a d ac ric t t ti efc duysg e byaPa t ig n et ae o hs fe t l in d rci n c t n e rtr a e uns e o t k As on 31s Mac 2010,ti c rh hs ommie c t e ompr e te Compa y S ceay h s be n frih d t Soc t id h s Ecags x h n e. f l n Di cor: ol owig r t s e S rR k s J i hi a e h an S rA.. ig a hi K Sn h l S rRC. hia tv hi . S r sa v S rA.. a wak hi K S n la Meeting and Attendance T me t g ofte S ae ol r /Iv sor Gr v n e wo ei s n h h rh des n e t s i a c e Commie weeh l duigte a ca y a 2009-10 on t e r ed r h n n il e r t n Ocobe 13, t r 2009 a d Mac 29, n rh 2010:
Members of Shareholders /Investors Grievance Committee Meetings held 2 2 2 2

Gov rme t en n Nomie ne Di cor Fn n e r t (ia c ) e Di cor HR r t ( ) e Ide n n Di cor n pe de t r t e

3.3 REMUNERATION COMMITTEE Ou Compa y ben a Ce ta P bl S cor r n, ig nrl u i e t c Un ra ig tea detkn ,h ppoit n,e uea drmu eai nme ttn r n e n rt on ofDi cor ae de i d by te Pe i n ofIdi. r ts r e cde h rsde t n a Howe e, spe tepr ii sof h DP Gudeie , v ra r h ovson te E i l s n armu eai c e n rt on ommie wa c si td t de i t e s on tue o cde t t te a n a bon sv r bl pa pool n i pol yf h n u l u /ai e y a ad t s i or c i diti t wi i teprs r d l t. on31s t sr i s bu on t n h e ci h be i s As mi t Mac 2010, h Commie c rh te t e ompr e te f l n t i d h ol s owig Me mbes r: S rM. B c hi N. u h S rPK S n u a hi .. e g pt S rK n l t hi a wa Nah S rI P K s ai hi. . e h r C. Ide n n Di cor n pe de t r t e Ide n n Di cor n pe de t r t e Ide n n Di cor n pe de t r t e Gov rme t en n Nomie ne

Meetings attended
2 2 2 2

S rR k s J i hi a e h an S rA.. ig a hi K Sn h l S rRC. hia tv hi . S r sa v S rA.. a wak hi K S n la

Name and designation of Compliance Ofcer

Meeting and Attendance Ony on me t g wa h l duig te y a on l e ei n s ed r n h er 11. 2009 i whc alh me 09. n ih lte mbese c pt hi. P r x e S rI . C. K s aiGov rme t eh r , en n Nomie weeprs n. n e r ee t

S r A..R sog,Compa y S ceay i te c hi K a t i n e rtr s h ompl n e i c a 3.4 COMMITTEE ON MANAGEMENT CONTROL S ofc rntr of a s 47 of h LsigAge me t e i ems Clu e te it n re n. On ben c fre e h n e a t omy by te ig onerd n a c d uon h Investor Grievances Gov rme t Idi u de van Gudeie ti en n ofn a n rNa rta i l s, hs n t c ommie wa c si tdf e tbl hn ta s rn t e s on tue or sa i ig rn pae t t t s rh Compa y n Duigte a ca y a e dig31s Mac 2010, r h n n il e r n n n a d efcie s se of itra mont ig T i n fe t v y tm nen l i n . hs or h satn d i iv sorgiv n e e pe t sye c pt a te de t n e t r a c s x diou l x e s e i Commie ,ne ai,e iwsteMa a e n Conr t e itr l rve h t a n g me t tol f tec s sc srie bydipue ore a i di ns orh a e on tan d s ts lg lmpe me t. 34th Annual Report 2009-2010 75

S se , sg ic n y tms in a t de it s i vai on n pr e t ojc i e nai a d c srci , opeai a d mplme tt on n on tu t on rt on n mane a c bu es ec itn n e dg t, t. Ason Mac 31, rh 2010, h c te ommie c t e ompr e te t id h s f l n Di cor: ol owig r t s e S rR k s J i hi a e h an S rCh n nR hi a da oy S rA.. ig a hi K Sn h l DrM. idaR o . Govn a Gov rme t omie en n n n e Di cor Opeai s r t ( rt ) e on Di cor Fn n e r t (ia c ) e Ide n n Di cor n pe de t r t e

l u ofs tld du s wi Sae Ee tii B r or i e et e e t tt lcr t oads h cy Sae Ta s si Compa is a d de i n tr tt rn mison ne n cdig ems a d c dion tee . hsc n on t s h rofT i ommie as a ov s i t e lo ppr e t c ti t / ai f n t a, bl , n v e t onr i don t or ai lpu i be e oln bu on on on c or h ra ec u e pupos or e t ote fn c ai bl a s , r e objc or h r u ds t n di cl rltd t tebu ie sof h c ot r t eae o h e y sn s te ompa yor n wefr ofi e oy e bewe n R . lk t R . l e t mpl e s t e s 5 a h o s 20 a s lk s bjc t ma i m l t R . cor i ay a. a h u e t o xmu i of s 1 r e n e r mi Ason31s Mac 2010,h Commie c t rh te t e ompr e te t idh s f l n Me ol owig mbes r: S rRS S ama hi .. h r S rCh n nR hi a da oy S rA.. ig a hi K Sn h l Ch i n& Ma a igDi cor ar ma n gn r t e Di cor Opeai s r t ( rt ) e on Di cor Fn n e r t (ia c ) e

3.5 CONTRACTS SUB-COMMITTEE T i Commie h sbe n c si td f a ov l hs t e a e on tue or ppr a of t t a r of onrcsof au e c e n R . cor bu wad c ta t v le x e dig s 25 r e t n ot e c e n R . x e dig s100 cor a d c s l n y re n on ut c a a sg me t e c e n R . cor e c . onMac sin ns x e dig s 2 r e a h As rh 31, 2010, h Commie f Conrcsc te t e or ta t ompr e te t id h s 3.8 f l n me ol owig mbes r: S rRS S ama hi .. h r S rR k s J i hi a e h an S rI P K s ai hi. . e h r C. S rA.. ig a hi K Sn h l S rBP Sn h hi .. ig P ionVa a t ost i cn Ch i n& Ma a igDi cor ar ma n gn r t e Gov rme t en n Nomie ne Gov rme t en n Nomie ne Di cor Fn n e r t (ia c ) e Di cor Pojcs r t (r e t) e Di cor T c nc l r t (e h ia) e

I c s ofn e t n ofu dsa d c ti t matr n a e iv sme t fn n onr i bu on tes Di cor ( ) a d i c s of Commeca matr r t HR n n a e e ril tes Di cor Commeca)aec r t ( e ril r o-optd i teme t g e nh ei . n COMMITTEE FOR AL OTMENT AND POSTL AL OTMENT ACTIVITIES OF NTPCS SECURITIES L T e Commie h s be n c si td f Al me t h te a t e on tue or l t ot n a d P t l me ta t ie ofCompa ysS c ris n os-al ot n ci t s vi n e uie . t T e s ope ofwor ofti c h c k hs ommie i al me t te s l t ot n, is e of Cet c t/etr of al me t ta se, su ri aeL te l ot n, rn fr ta s si , r-maeil ai , is e of du iae rn mison e tr i t a s on su pl t c c ric ts c s i t /pl of NT C dome t et ae , on ol i s i da on t P s si c a d f eg S c ris As on 31s Mac 2010,te n orin e uie . t t rh h Commie c t e ompr e tef l n Me t i d h ol s owig mbes r:

3.6 PROJ SUB-COMMITTEE ECT

S rA.. ig a hi K Sn h l Di corFn n e r t (ia c ) e T e Pojc Commie e a n s a d ma e h ret t e x mie t n ks rc e omme dai s t te B r on pr n t on o h oad opos l f as or S rCh n nR hi a da oy Di corOpeai s r t ( rt ) e on Iv sme ti Ne E pa son Pojcsa d F a i ly n e t n n w/x n i r e t n e sbit i S rRC. hia tv hi . S r sa v Di cor HR r t ( ) e R porsofn w pr e t. on 31s Mac 2010, h e t e ojcs As t rh te Commie c t e ompr e tef l n me t i d h ol s owig mbes r: 3.9 COMMITTEE FOR FURTHER PUBL OFFERING OF IC NTPCS SECURITIES S rRS S ama hi .. h r Ch i n& Ma a igDi cor ar ma n gn r t e T e Commie f F rh rP bl Ofeig ofNT C h t e or ute u i fr t c n P s S rCh n nR hi a da oy Di corOpeai s r t ( rt ) e on S c riswa c si td byte B r ofDi cor, e uie t s on tue t h oad r ts e P ionVa a t ost i cn Di cor T c nc l r t (e h ia) e i i me t gh l on11. 2009. n t ei ed s n 11. S rA.. ig a hi K Sn h l Di cor Fn n e r t (ia c ) e T es opeof kof hsc h c wor ti ommie wa t ov re , t e s o es e t S rBP Sn h hi .. ig Di cor Pojcs r t (r e t) e aie s tl,a ov a d a n l , et ppr e n doptte R d Her g z e h e ri n Pos cu a d tePos cu f teF O bywa of r pe ts n h r pe ts or h P y S rR k s J i hi a e h an Gov rme t en n Nomie ne ofe f s l by te Pe i n ofIdi,rc fr or ae h rsde t n a e omme d n S rI P K s ai Gov rme t hi. . e h r C. en n Nomie ne a ppoit n, c dion t te a re ns fe nme t on t s o h ge me t, e i S rM. B c hi N. u h Ide n n Di cor n pe de t r t e pa a e t v r sa e ce ,Itr dir s Au t s y bl o ai ou g n is neme ai , di e or S rI . a hi. K poor J Di cor Commeca) r t ( e ril f te F O, t ma e a iai s t v r s or h P o k ppl t c on o ai ou Gov rme t Sauor Auh ie , t ope ba k en n/ ttt y toris o t n n 3.7 INVESTMENT/ CONTRIBUTION COMMITTEE a c ns a rqurd u de S ci 73 of te c ou t s e i e n r et on h Compa is Ac,1956,t is e rc i s al me t ne t o su e ept/ l ot n/ T e tr of rfrn e of Iv sme tConr t h ems eee c n e t n/ ti i bu on ta se ltes c mai s ofal ai n e t rn fr etr/ on r t on l t oc on ots o Commie ofte B r i f de oy n ofs r u t e h oad s or pl me t upls t s c e su bi r a d a ia t a d ote a t s u c sfl ddes n ppl ns n c h r ci on fn a pe Gov.Gudeie is e fom t t u ds s r t i l s su d r n i o me f fclaigpr e sof P or a itt i n oc s F O. t ,a d a c ptn e ofB dsDe Isrme t i i me n c e a c on / bt n tu ns n 76 34th Annual Report 2009-2010

T eCommie wa c si td wi teme h t e s on tue t t t h h mbes i rhp ofS r Ch n n R ,Di cor( rt s,S r A.. hi a da oy r t Opeai ) hi K e on Sn h lDi corFn n e , hi . S r a tv Di cor ig a, r t (ia c )S rRC. hi sa , r t e v e ( )a d S r I .K poor Di cor( HR n hi. a J , r t Commeca) S r e ril. hi A..Sn h l Di cor(ia c )wa te Ch i n of K ig a, r t Fn n e e sh ar ma teCommie . h te t Duig te pr e s of F O, e me t g of te r n h oc s P v ei s n h h t c mbe 2009,1s r Commie wee h l on 15t De e te t r ed J n ay2010, t J n ay2010, t F bray2010 a d aur 9h aur 8h e u r n h 17t F bray 2010.T e deal ofatn n e ofte e ur h ti s te da c h me mbesi teCommie Me t g i a u de: r nh t e ei s s s n r t n Members of Committee for Further Public Offering of Equity Shares S rCh n nR hi a da oy S rA.. ig a hi K Sn h l S rRC. hia tv hi . S r sa v S rI . a hi. K poor J Meetings held Meetings attended

Di cor f Vii n eMatr. h Gr p of rcor r t s or gl c e a tes T e ou Di t s e f Vii n e Matr c or gl c a tes ompr e te f l n i d h ol s owig me mbes r: S rRS S ama hi .. h r S rRC. hia tv hi . S r sa v S rI P K s ai hi. . e h r C. S rK n l t hi a wa Nah Ch i n& Ma a igDi cor ar ma n gn r t e Di cor HR r t ( ) e Gov rme t en n Nomie ne Ide n n Di cor n pe de t r t e

T e Gr p of Di cor f n -vgln e matr h ou r t s or on ii c e a tes c ompr e tef l n me i d h ol s owig mbes r: S rRS S ama hi .. h r S rCh n nR hi a da oy S rRC. hia tv hi . S r sa v S rI P K s ai hi. . e h r C. S rAde hJ i hi s an Ch i n& Ma a igDi cor ar ma n gn r t e Di cor Opeai s r t ( rt ) e on Di cor HR r t ( ) e Gov rme t en n Nomie ne Ide n n Di cor n pe de t r t e

( Group of Directors for implementation of DPE iii) Guidelines pertaining to Revision of Pay Scales: T i Gr p ofDi cor h sbe n c si td t wor hs ou r t s a e on tue o e t k ou te deal wi rg r t i e nai of th ti s t e ad o mplme tt h on Wi tec t h omplt of l me t s ae u de F O h ei on al ot n of h rs n r P v r spr ii sa pe DP g i l e petiigt ai ou ovson s r E udei s rann o n on 1802. . 2010, te c h ommie c a e t e it t e e s d o xs t rvson of pa s ae . T i Gr p of Di cor e ii y c ls hs ou r ts e w..19. 2010 a de i d byteB r of rcor ef 02. . s cde h oad Di t s e c ompr e tef l n me i d h ol s owig mbes r: i i me t gh l on11. 2009. n t ei ed s n 11. S rRS S ama hi .. h r Ch i n& Ma a igDi cor ar ma n gn r t e 4. GROUP OF DIRECTORS S rCh n nR hi a da oy Di cor Opeai s r t ( rt ) e on Apatr Commie sa e plie a e teB r rfom t e s x an d bov ,h oad t S rA.. ig a hi K Sn h l Di cor Fn n e r t (ia c ) e h s c si td a n mbe ofGr p ofDi cor f a on tue t u r ou r t s or e s c pupos s T e s ope of wor of v r s pe ic r e . h c k ai ou S rRC. hia tv Di cor HR hi . S r sa v r t ( ) e Gr p ofDi cor a d i Con tui a e itd on ou r ts n t e s si t t on s xse S rI P K s ai hi. . e h r C. Gov rme t en n Nomie ne 31. 2010 i a u de: 03. ssn r S rK n l t hi a wa Nah Ide n n Di cor n pe de t r t e ( Group of Directors for Corporate Social i) S rM. B c hi N. u h Ide n n Di cor n pe de t r t e Responsibility: T i Gr p of Di cor h s be n hs ou r ts a e e iv) hs ou c si td t h v acos rl it v r srltd ( Group of Directors for Import of Coal:T i Gr p on tue o a e l e ook no ai t ou eae of Di cor h s be n c si td t a ov te r ts a e e on tue o ppr e h t is e a d prpae a r dma f opeaig te su s n e r oa p or rt n h rc e omme dai s of E e uie Di cor lv l n t on xct v r t s ee e s h me f Cor ae S ilR s sbit ofNT C. ce or port oca e pon i ly i P Commie a tor e t h d dic si s wi te t e uh i d o ol s u son t z t h h T i Gr p of Di cor c hs ou r t s ompr e te f l n e i s h ol s owig pr pe t eP U bi r vz S C, os ci S ddes i. T MMT a d CI i a v C n Ln me mbes r: pr-bi c frn e t e pl e () v r s opt s e d onee c o x or a ai ou i / on S rRS S ama hi .. h r Ch i n& Ma a igDi cor ar ma n gn r t e bi n srtge t be a ddig tae is o doptd byte bywhc e hm ih te c ne s r ma i z t of ompeiona h y a n ue xmiai on c ti mon s t gt S rA.. ig a hi K Sn h l Di cor Fn n e r t (ia c ) e te c l u ir a d ( pr ig meh h oa s ppl s n b) i n e c todol y T i og . hs S rRC. hia tv Di cor HR hi . S r sa v r t ( ) e Gr p of Di cor c ou r t s ompr e te f l n e id h s ol owig S rS nos Na i a Ide n n Di cor hi a t h ut l n pe de t r t y e me mbes r: ( Group of Directors for Vigilance Matters and Nonii) Vigilance Matters:T Gr p ofDi cor h sbe n wo ou r ts a e e c si td t e a n alte peion whc ae on tue o x mie l h t ti s ih r t s bmie beor te B r a a l t/rve n u t d f e h oad s ppel e e iwig t a a tory i tr ofCDA rls T e Che Vii n e uh i n ems t ue . h if gl c a Ofc r NT C i ben a s itd wi teGr p of e of P s ig socae t h ou h S rRS S ama hi .. h r S rCh n nR hi a da oy S rA.. ig a hi K Sn h l S rK n l t hi a wa Nah S rA.. a wak hi K S n la Ch i n& Ma a igDi cor ar ma n gn r t e Di cor Opeai s r t ( rt ) e on Di cor Fn n e r t (ia c ) e Ide n n Di cor n pe de t r t e Ide n n Di cor n pe de t r t e 34th Annual Report 2009-2010 77

5 5 5 5

4 5 5 4

( Group of Directors for Gas Supply Agreement to v) be entered into between NTPC & PL s Off L Takers:T i Gr p ofDi cor h sbe n c si td hs ou r t s a e on tue e t f a ovn te tr a d c dion ofte Ga or ppr ig h ems n on t s i h s S ppl Age me t t be e trd it bewe n u y re ns o nee no t e NT C & P LsOf-T k r n meyGAI,OCLa d B CL P L f a es a l LI n P . T i Gr p of Di cor c hs ou r t s ompr e te f l n e i s h ol s owig me mbes r: S rRS S ama hi .. h r S rA.. ig a hi K Sn h l Ch i n& Ma a igDi cor ar ma n gn r t e Di cor Fn n e r t (ia c ) e 5.

c si td t e pl e pr ue n ofs orfl c l on tue o x or oc rme t h tal oa t qu ni f F rka & K h la tr g E ci a ty or aa k t a ag on hou h -Au t on mode i .F wad & S .T i Gr p ofDi cor . or r e pot hs ou r ts e c ompr e tef l n me i s h ol s owig mbes r: S rCh n nR hi a da oy S rA.. ig a hi K Sn h l S rPK S n u a hi .. e g pt S rK Dh r rjn hi . amaaa Di cor Opeai s r t ( rt ) e on Di cor Fn n e r t (ia c ) e Ide n n Di cor n pe de t r t e Ide n n Di cor n pe de t r t e

S rK Dh r rjn Ide n n Di cor hi . amaaa n pe de t r t e ( Group of Directors for appointment of Financial vi) Consultant for carrying out due diligence of Coal Mines/ Blocks: T i Gr p of Di cor h s be n hs ou r ts a e e c si td t a ov a on tue o ppr e ppoit n of a ca t nme t n n il c s l n f c ryn ou du dig n e of c l on ut t or arig t e l e c a i oa mie / oc sa oa onofe f a qust of tk . n s bl k br d fr or c iion sa e i T i Gr p of Di cor c hs ou r t s ompr e te f l n e i h ol s owig me mbes r: S rRS S ama hi .. h r S rCh n nR hi a da oy S rA.. ig a hi K Sn h l P ionVa a t ost i cn Ch i n& Ma a igDi cor ar ma n gn r t e Di cor Opeai s r t ( rt ) e on Di cor Fn n e r t (ia c ) e Di cor T c nc l r t (e h ia) e

REMUNERATION OF DIRECTORS As ara sae u de te h a n R mu eai l dy ttd n r h e dig e n rt e on Commie a e termu eai ofteF n t a t e bov , h e n rt t on h u ci l on Di cor a d stig fe pa a e t te Ide n n r t s n in e e t y bl o h n pe de t Di cor i de i d byteGov rme t Idi. h r t s s cde e h en n ofn a T e Miity of P nsr owe, Gov rme t of Idi h s r en n n a a a tor e te B r ofDi cor ofte Compa yt uh i d h oad z r ts h e n o deemie te stig fe pa a e t Ide n n tr n h i n e t y bl o n pe de t Di cor wi i te c in prs r d u de te r t s t n h el g e ci e h i be n r h Compa is Ac, 1956. Ac or n l, te B r ne t c digy h oad de i s te stig fe pa a e t te Ide n n cde h i n e t y bl o h n pe de t Di cor. rs nl, iigfeof s 15, - f e c r t s Pe e t stn e e y t R . 000/ or a h me t g ofte B r Commie softe B r a d ei n h oad, te t h oad n Gr p ofDi cor c si td by te B r fom ou r t s on tue e t h oad r t i t t ,i ben pad t e c Ide n n me o i me s ig i o a h n pe de t Di cor r t. e Deal ofrmu eai offn t a Di cor ofte ti s e n rt on u ci l r t s h on e c ompa ypad f te a ca y a 2009-10: n i or h n n il e r (nR pe s i u e)

( Group of Directors for procurement of Coal vii) through E-Auction: hsGr p of rcor h sbe n T i ou Di t s a e e

Sl

Name of the Director

Salary

Benes

Bonus/ Commission -

Performance L inked Incentives 11, 096. 03, 00 7, 58 00 92, 6. 7, 503. 97, 00 7, 28 00 97, 7. 4, 28 00 72, 3. 3, 8 00 49,32.

Total

1 2 3 4 5 6

S rRS S ama hi .. h r S . a da R hCh n n oy S rA.. ig a hi K Sn h l S rRC. hia tv hi . S r sa v S rI . a hi. K poor J S . .. ig h BP Sn h (r 01. . fom 082009) S rKB Du y hi .. be ( pt 31. 2009) u o 07. S rRK J i hi .. an ( pt 31. 2009) u o 12.

16, 151. 24, 00 11, 443. 12, 00 17, 114. 13, 00 15, 694. 52, 00 16, 48 00 37, 1. 13, 540. 96, 00

7, 031. 67, 00 7, 079. 47, 00 9, 666. 30, 00 801, 00 , 419. 6, ,75. 788 00 7, 93800 60, .

34, 27800 94, . 26, 10800 52, . 34, 28 00 41, 3. 31, 400. 51, 00 27,8639. 8 , 00 25, 310. 07, 00

20, 8 00 11,76.

14, 676. 17, 00

7, 325. 91, 00

42, 8 00 20,77.

25, 61800 62, .

6, 499. 11, 00

7,1,09. 8 8 00

39, 926. 55, 00

78

34th Annual Report 2009-2010

P ror n e l k d ic nie pad i ba e on te 6. ef ma c i e n e t s i s s d n v h ic nies h meof h c net ce v te ompa y n. Deal ofpa me t t r stig fe t Ide n n ti s y ns owads i n e o n pe de t t Di cor duigtey a 2009-10 aegv nbeow: r t s r h er e n r ie l (nR pe s i u e) Name of Parttime non-ofcial Directors Sitting Fees Board Committee Meeting / Group of Directors Meeting 2, 000 55, 1, 000 65, 3, 000 60, 2, 000 10, 2, 000 40, 2, 000 40, 2, 000 40, 2,5, 8 000 2,5, 8 000 1, 000 35, 60, 000 15, 000 1, 000 20, 30, 000 1,0, 8 000 60, 000 60, 000 3, 000 90, 2, 000 25, 3, 000 75, 3, 000 30, 2, 000 70, 4, 000 20, 2, 000 40, 3, 000 45, 3, 000 45, Total

S rM. B c hi N. u h S rS a tNaan hi h ni ri S rPK S n u a hi .. e g pt S rK Dh r rjn hi . amaaa DrM. idaR o . Govn a S rK n l t hi a wa Nah S rAde hJ i hi s an S rA.. a wak hi K S n la S rS nos hi a t h Na t a ui l y 7.

ACCOUNTABIL OF DIRECTORS ITY An a n a Me a du ofUn rtn n ( n u l morn m desa dig MoU)i s e trd it byteCompa ywi Gov. Idi ( ) nee no h n t h tofn a GoI i te be inn of te y a s tig te tres i n h gn ig h e r et n h ag t n a ca a d n a ca ae s wi weg tg s n n il n on n n il ra t h iha e de i d i c s l t wi GoIT epef ma c of cde n on ut i a on t h .h ror n e teCompa yi me s rd a tee d of h y a vs h n s a ue t h n te e r i- vste etres i h s ag t. T e pef ma c wi rg r t MOU i rve d h ror n e t e ad o h s e iwe rg lr wi i teCompa yonmonhyba i a d by e ual t n h y h n tl ss n Miityof owe onqu rel ba i tr g Qu rel nsr P r atr ss hou h atr y y P ror n e rve ( R. Si g s i a y ae ef ma c e iw QP ) l ppa e , f n , r i nie a d n c say rme a a t s ae de t d n e e s r e dil ci on r s g e td i te ef u . u g se n h s orms Ath e dof a h a ca y a teMoUa he e ns te n e c n n il e rh c iv me t rpor i frih d t Miity of P e t s uns e o nsr owe a d r n pef ma c of h c ror n e te ompa yi e au td byMiity n s v lae nsr ofP owe a d De rme tofP bl E tr ie T s rn pat n u i nepr s a k c s F c onteba i of cu l c iv me t spe sg e ore h ss a ta a he e n a r in d MoU. T e s r tres a s ti MoU ae a he e wel o n ue ag t s e n r c iv d l wi i s h due te Compa y h sa sr g "nen l t n c e l, h h n a ton Itra MoU" y tm s cfigt he tresdrld downa s se pe i n i trag t ie y g l t rgon la d sai lv lwi s i bl srth a d e i a n tt e e t ut e tec n on h a e pa son ofa t ie .T e e te pr e s e s rs x ni ci t s h ni vi r oc s n ue ta s rn y a wel a a c na ly t r rn pae c s l s c ou tbit owads i sa e ol r. tk h des

GENERALBODYMEETINGS Annual General Meeting Dae t a d l ai wh r tels treAn u l n rl eig weeh l aea u de: t,i n oc t me on ee h a t he n a Ge ea Me t s r ed r s n r n

Date & Time Tme i Ve u ne

September 12,2007 11. A. 30 M. AiF c Au t im, r ore di u or S br o P r, u ot ak Ne Deh 110 010 w li NI L

September 17,2008 11. A. 30 M. AiF c Au t im, u ot P r, r ore di u S br o ak or Ne Deh 110 010 w li Ice s i B r n P n ra e n orowig owesof h r te B r u o R . 00, cor a d oad pt s1, 000 r e n a toryt teB r f morg gn uh i o h oad or ta ig t tea s t of h c h ses te ompa y n.

September 17,2009 11. A. 00 M. AiF c Au t im, u ot r ore di u S br o or P r, w Deh 110 010 ak Ne li Ame dme t i Arilsof n ns n t e c Asocai rg r n a diof s it e adig u t on a c nsa d a c ou t n ppoit n of nme t a di s u t . or

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pa me t t c y n o ompa is u de J n Ve tr ne n r oit nue Age me ta d on a c n ofc ta t f wors re n n c ou t onrcs or k/ s rie , (i rmu eai t k y ma a e n evc s i e n rt ) on o e n g me t pes n l n (i e i c ti t , ihaen ron e a d i) qut onr i whc r ot i y bu on i n tr ofpotnilc cs wi itrs ofte n aue e t on it t nee t a h h c ompa ya lre Deal of eae pat ta s ci s n tag . ti rltd ry rn a t s on ae icu d i te Notst te Ac ou t ( c e l r n lde n h e oh c ns S h due 26) a pe Ac ou t g Sa dad ( ) s r c ni n tn r AS -18 i n Compa is( c nigSa dads R ls 2006. ne Ac ou t tn r ) ue , n 34th Annual Report 2009-2010 79

T ec h ompa yh sc n a ompl d wi alh rqurme t Quarterly Results i e t lte e i h e ns ofteLsigAge me twi Soc E c a g a wel h it n re n t t k x h n e s l h a R g lt s a d Gudeie prs r d by S B. Newspapers s e uai on n i l s e ci n be EI T ee wee n pe at sorsr trsi hr r o n le i ti ue mpos d on te c e h c ompa y by a y sauor a toris f n n n ttt y uh ie or on t c ompl n e on a ymatrrltd t c pi l res i c a n te eae o a t mak t, a Fn n il x e s ia ca E prs duigtels trey as r h a t he e r. n J n at a s ta T e Compa yh sa h n a doptd al u g se i mst be ( n ) e ls g e td t e o Hidi icu d i te R por on Cor ae Gov ra c . n lde n h e t port en n e Hidu tn n sa If mai on a nor t on dopt (n c i a d ompl n e / n on i c ) on a ( n ) Hidi a dopt ofte n -ma daor rqurme t i a i on h on n t y e i e ns s t An e -1. nx B ie sLn un s ie CEO/ CFO Certication Asrqurd byClu e49 of h LsigAge me ts, e i e as te it n re n() te c ric t duy sg e by S r RS S ama h et ae l in d hi .. h r , Ch i n & Ma a ig Di cora d S r A..Sn h l ar ma n gn r t n hi K ig a, e Di cor(ia c )wa plc d beor te B r of r t Fn n e e s ae f e h oad Di cor a te me t g h l on 17. 2010 a d i r t s th e ei ed n 05. n s a n x d t teCor aeGov ra c R por. nee o h port en n e e t 9. MEANS OF COMMUNICATION

Date of publication of results for the quarter ended 30. 2009 30. 2009 31. 2009 06. 09. 12. 2807. . 2009 24. 2009 30. 2010 10. 01. 2807. . 2009 24. 2009 10. -

24. 2009 30. 2010 10. 01.

2807. . 2009 24. 2009 30. 2010 10. 01.

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Hidu tnTme 2807. n sa i s . 2009 24. 2009 30. 2010 10. 01. E on cTme 2807. c omi i s . 2009 Ofcial Releases and Presentations -

T eCompa ysofca n wsrla e , h r e sc ea e h n il e ee s s ote prs ov rg , T e Compa y c h n ommu iae wi i s ae ol r prs nai s ma t isi t a iv sor or t te nc ts t t h rh des h s e e tt on de o n tui l n e t s t on o h tr g i An u l R por, Ge ea Me t g a d a ay t aeas h td ontewe i . hou h t s na e t n rl ei s n n n lss r lo ose h bst e dicos rstr g we st. s l ue hou h b i e I or r t ma e te g n rl pu i a r of te n de o k h e ea bl wae c h a he e nsofte c c iv me t h ompa y aprs c frn e i h l n , e s onee c s ed T eCompa yas c h n lo ommu iae wi i isi t a nc ts t t n tui l h s t on g s ae ol r tr g a c h rh des hou h ombiai of a ay t atrte cos ofte a ca y a wh r te hg l hsof nt on n lss fe h l e h n n il e r ee h ihi t te c h ompa y f te y a ae br fd t te Pe s f n or h e r r i e o h rs or e br ga didii a dic si s s lopat i t i n n n vdu l s u son a as ri pai e c on on te tk h des t ni i o h t k h ma on a iv sorc frn e fom t t n e t onee c s r i t t .An u l if mai of h sa e ol r wi it t t teSoc me o i me n a nor t Ecags x h n e. a ay t a d iv sor me t aeh l duigtemonh n lss n n e t s es r ed r h n t of g s wh r B r of h Compa yitrcswi Au u t ee oad te n nea t t h 10. CODE OF CONDUCT teiv sigc h n e t ommu i .ia ca rs l aedic se n nt Fn n ile ut r s u s d y s T e B r ofDi cor h sli down s paae Code h oad r t s a ad e e rt bywa of onee c c l rg lr atr h cos of y c frn e al e ual fe te l e s y of du t on f B r Me Con c - e or oad mbesa d teote f r n h h ror e c qu re. a h atr S nor Ma a e n P ron e i ain n wi ei n g me t es n l n l me t t g h If mai a d lts u ts a d a n n e n nor t on n ae t pdae n n ou c me t Compa ysVii a d Vau st a he eteMison& n son n le o c iv h si rg r n te c e adig h ompa y c n be a c se a n a c esd t Objcie a d ams a e h n ig ehc l a d et s n v i t n a cn tia n c ompa ys we i :www.t .o. icu n te n bst e npcc i n ldig h n ta s rn pr e s i ma a ig te afi of te rn pae t oc s n n gn h far s h fl n: ol owigCompa y A c n . opyofh Codeof du tsa albl te Con c i v i e a a tewe i of h Compa y th bst te e n. Qu rel / l e r / n a Fn n il e ut atr Haf al An u l ia ca R s l y -y y s S ae ol n P ten h rh dig atr Ta s r sof onee c swi a ay t rn ci pt c frn e t n lss h Cor ae dicos rsma fom t t t t port s l ue de r i o i o me me Soc E c a g s t k xhne Dicos rsma t soc e c a g sae as ma s l ue de o t k x h n e r lo de tr g Cor ae Fl g & Die hou h port in i s mmiai S se nt on y tm ( DS . CF ) 8 0 34th Annual Report 2009-2010 De lrt a rqurd u de ca s 49 ofte l t g caai s e i on e n r lu e h ii sn Age me t re n Alte me lh mbesofte B r a d S norMa a e n r h oad n e i n g me t P ron e h v ame c es n l a e fr d ompl n e of te Code i c a h of Con c f te a ca y a e de on Mac du t or h n n il e r n d rh 31, 2010. Ne Deh w li Ma 12, y 2010 (.. h r ) RS S ama Ch i n& Ma a igDi cor ar ma n gn r t e

11. Code of Internal Procedures and Conduct for Prevention of Insider Trading

ii) Financial Calendar for FY2010-11

Particulars Date I pus a c ofh S c risE c a g B r ofn a n ru n e te e uie x h n e oad Idi t Ac ou t gP r c ni ei n od Apr 1, i 2010 t Mac l o rh (r i t ofIsde Ta n )R g lt s 1992,te Pohbion n i r rdig e uai , i on h 31, 2011 B r h s li down oad a ad Code ofItra Poc due nen l r e rs Un u td Fn n il An ou c me t ti a a di ia ca e n n e n wi n h a d Con c f Pe e t ofIsde Ta n wi n du t or rv ni on n i r rdig t h R s l f tes e ut or h rt monhfom tee d of a h s t r h n ec te objcie ofprv nig puc a e a d/ s l of h et v eet n rh s n or ae trequ res he atr qu re atr s ae ofte Compa ybya Isde on te ba i of h rs h n n ni r h ss F rhQu re out atr An ou c me t Au td n n e n of di e u pu ih d pr e s n iv if mai .Un rti n bl e s i e st e nor t c i on de hs R sl e ut s Ac ou t onor f eMa c ns beor y Code Isdes( es De in td E oy e a d , n i r Ofc r, sg ae mpl e s n 31, 2011 ter de n ns ae prv ne t de l i te hi pe de t) r e e td o a n h AGM ( x y a) Ne t e r S ptmbe 2011 (e tt e e e r T nai ) v Compa ys s ae duig te cos r of Ta n n h rs r n h l ue rdig Widow. ode lnS c risbe on l t s c d, n T a i e uie y d i s pe ie t mi iii) Book Closure pemison of Compl n e Ofc r i rqurd. Al r si i c a e s e i e l T e R gse ofMe h e itr mbesa d S ae Ta se B sof r n h r rn fr ook Di cor/ esDe in td E oy e ae as r t sOfc r/ sg ae e mpl e s r lo teCompa ywi rmancos d fom S ptmbe 11, h n le i l e r l e e r rqurd t dicos rltd if mai pei c l e i o s l e eae nor t e on r odial y 2010 t S ptmbe 23, o e e r 2010 ( hda sicu ie . bot y n lsv ) a de n d i te Code whc i tr i ben s e n h , ih n un s ig f wade t Soc E c a g s wh rv rn c say iv) Payment of Dividend or r d o t k x h n e , ee e e e s r. Compa y S ceay h s be n de in td a n e rtr a e sg ae s T e B r of Di cor of te Compa y h s h oad r ts e h n a Compl n eOfc r or hsCode i c a e f ti . rc e omme de pa me tofa a Dii n ofR . 8 n d y n n l vde d s 0. pe s ae ( % on te pad-u s ae c pi l f te r hr 8 h i p h r a t ) or h a 12. SHAREHOL DERS INFORMATION a ca y a e de Mac 31, n n il e r n d rh 2010 i a t t te n ddion o h i Itr Dii n ofR .3. pe s ae ( nei m vde d s 0 r h r 30% on te h i) Annual General Meeting pad-u s ae c pi l pad on Mac 23, 2010 i p hr a t) i a rh Dae : S ptmbe 23, t e e r 2010 ( vde d pad i Pe i sY a i R . Dii n i n rvou e rs s 2968 7 mii ) 3. lon . l Tme : 10. am. i 30 . T e rc d dae f te pa me t of Dii n i h e or t or h y n vde d s S ptmbe 10, e e r 2010. Ve u : AiF c Au t im, u ot P r, ne r ore di u S br o ak or v) Dividend History Ne Deh - 110 010 w li Y ear 2004-05 2005-06 2006-07 2007-08 2008 -09 2009-10 Total paid-up capital Total amount of dividend Date of AGM in which ( in crore) Rs. paid ( in crore) Rs. dividend was declared 8 46 245. 197893 . 12. 2005* 02. 23. 2005 09. 8 46 245. 230873 . 30. 2006* 01. 19. 2006 09. 8 46 245. 263855 . 31. 2007* 01. 12. 2007 09. 8 46 245. 28 5. 8 91 30. 2008 01. * 17. 2008 09. 8 46 245. 296837 . 24. 2009* 01. 17. 2009 09. 8 46 245. 2473. 64# 13. 2010* 03. Date of payment 10. 2005 03. 27. 2005 09. 27. 2006 02. 23. 2006 09. 14. 2007 02. 25. 2007 09. 13. 2008 02. 03. 2008 10. 13. 2009 02. 29. 2009 09. 23. 2010 03.

*Daeof oad Me t g t B r ei n #a mou t e e e t teitr dii n pad f tey a 2009-10 n rprs ns h nei vde d i or h e r m vi) L isting on Stock Exchanges NT C e i s ae ael td ontef l n Soc E c a g s P qut h rs r i e y s h ol owig t k x h n e : National Stock Exchange of India L imited S r Code NT C E ci p : P Q Stock Code :ISIN INE733E01010 34th Annual Report 2009-2010 8 1 Bombay Stock Exchange L imited S r Code 532555 ci p :

vii) Market Price Data NSE Month Apr i 09 l Ma y 09 Jn u e 09 J l uy 09 Au u t09 g s S pt09 e Ocobe t r09 Nov 09 De c 09 J n ay 10 a u r F bray 10 e u r Mac rh 10 High ( Rs.) L ( ow Rs.) Closing ( Rs.) 205.0 8 225. 00 233. 00 225. 00 220. 45 215. 30 222. 00 220. 10 241. 35 23890 . 217. 00 20835 . 176. 05 18 65 5. 18 00 2. 18 . 850 201. 05 203. 25 205. 10 201. 70 205. 25 210. 35 197. 00 19805 . 190. 00 215. 40 195. 05 215. 60 212. 35 213. 75 212. 40 209.0 8 235. 65 214. 30 203. 05 207. 25

viii) Market Price Data BSE Month Apr i 09 l Ma y 09 Jn u e 09 J l uy 09 Au u t09 g s S pt09 e Ocobe t r09 Nov 09 De c 09 J n ay 10 a u r F bray 10 e u r Mac rh 10 High ( Rs.) L ( ow Rs.) Closing ( Rs.) 205. 50 222. 75 233. 00 220. 10 220. 40 215. 30 223. 00 2188 .5 241. 70 239. 00 216. 90 20840 . 176. 10 18 15 5. 18 55 6. 18 . 800 200.5 8 203. 55 205. 25 201. 65 205. 10 210. 50 196. 10 199. 50 190. 15 215. 45 195. 05 215. 60 212. 65 213. 70 211. 40 209. 75 235. 70 214. 25 203. 00 207. 00

ix) Performance in comparison to indices BSE Sensex and NTPC Share Price

x) Registrar and Share Transfer Agent K ryCompues aeP tLd av trh r v. t Pot 17 t 24, l No. o Vih l o Na a, dh pu t ar t a g rMa a r Hy rba dea d-50008 1 T l : 40 234208 e No.91 18 F xNo.91 40 234208 a : 14 E i mal n g r av .om -mal i a e@k ryc : ma xi) Share Transfer System E te s ae ta se a t ie u de ph sc l e me t ni h r rn fr ci t s n r y ia s g n r vi ae ben c rid ou byK ryCompues ae Piae r ig ar e t av trh r r t v Lmi d. h s aeta se s se c sssof ciie i t T e h r rn fr y tm on it a t t s e vi l e rc i ofs ae aon wi ta se de d fom i e ept k h rs l g t rn fr e r h ta see si v r c t , e rt of morn m rn fre , s ei ai prpaai Me a du t on on ofrn fr, t. h rsta sesaea ov d byS bta ses ec S ae rn fr r ppr e u Commie of te B r f Al me t a d P t te t h oad or l ot n n osAl me t ciie of P sS c ris l ot n a t t s NT C e uie . vi t P ru n t ca s 47-C ofte Lsig Age me twi us a t o lu e h it n re n t h Soc E c a g s c ric t on h l e r ba i t k x h n e , et ae af al -y y ss c migdu c on r n e ompl n eof h r ta se f maie i c s ae rn fror lis a t by te Compa y fom Pa t ig Compa y S ceay h n r rci n c n e rtr h v be n s bmie t Soc E c a g wi i ae e u t d o t k xhne tn t h si ltd t . t ae i pu me xii) Further Public Offer of NTPCs Shares I F bray2010,412, 220 e i s ae ofNT C n e ur 273, qut h rs y P weeis e t pu i bywa of fr or aebyte r su d o bl c y Ofe f S l h Pe i n ofIdi a t g tr g Miity ofP rsde t n a ci hou h nsr n owe, r Gov rme tofIdi.T e F rh rP bl Ofe wa en n n a h ute u i fr s c ma f c s a pr e deemie tr g te de or a h t i c tr n d hou h h Al rae B t n t ook B i n Meh e ul g di tod u de P r D of n r at

NIFTYand NTPC Share Price

8 2

34th Annual Report 2009-2010

S h due XI te S c risa d E c a g B r of c. Maj Shareholders c e l of h e uie n x h n e oad t or Idi (su ofCa tla d Dicos r R qurme t) n a Is e pi n a s l ue e i e ns Deal ofS ae ol r h dig mor ta 1% ofte ti s h rh des ol n e hn h R g lt s 2009. trte al me tpr e r, h e uai , on Afe h l ot n oc due te pad-u c pi l teCompa ya onMac 31, i p a t of h a n s rh 2010 s ae h l i teGov rme t Idi a c n wee h rs ed n h en n ofn as c ou t r aegv nbeow: r ie l ta serd t te s c e su bi r a d a ia t. rn fre o h u c sfl ddes n ppl ns c T u ,te s ae ol n ofte Gov rme tofIdi h s h h rh dig h en n n a Name of No. of % to Category rdu e t 8 5% fom 8 5% i te pad-u c pi l Shareholder e c d o 4. r 9. n h i p a t a Shares Paid-up of h Compa y te n. Capital xiii) Distribution of Shareholding S ae h l by diee tc tg is ofs ae ol r h rs ed f rn ae or f e h rh des t a d a c digt tesz of ol n sa on31s Mac n c or n o h ie h dig s rh 2010 aegv nbeow: r ie l According to Size a. Distribution of shareholding according to size,% of holding as on March 31,2010: Number % of of share- shareholders holders 8 45278 34504 12598 3652 1332 946 1253 1407 900970 93.2 8 3.3 8 1. 40 0. 41 0. 15 0. 10 0. 13 Total No. % of of shares shares 11172298 0 2565728 8 18 8 008 90 905428 6 4693077 4418 316 8 437 978 1. 35 0. 31 0. 22 0. 11 0. 06 0. 05 0. 11 97. 79 Hed i de tr l e l n maei i d az f m i CDS or n L Hed i de tr l e l n maei i d az f m i NS or n DL P y ia h sc l T a otl 4, 35, 57, 699 819, 33, 5 , 96, 98 94, 716 824, 64, , 54, 400 xiv) Dematerialisation of Shares and L iquidity T e s ae of te Compa y ae i c h h rs h n r n ompus y lor de tr le s g n a d ae a albl f ta n maei s d e me t n r v i e or rdig a a s se ofbot Nai a S c ris De i y Ld. y tm h t l e uie on t post or t ( DL a d Ce ta De i yS rie (n a Lmi d NS ) n nrl post evc s Idi) i t or e ( L. CDS ) S ceail diR por f rc cl t of h s ae e rtr Au t e t or e on iai a i on te h r c pi l of te Compa y obtie fom Pa t ig a t a h n an d r rci n c Compa y S ceay h s be n s bmie t Soc n e rtr a e u td o t k t E c a g wi i si ltd t . x h n e t n t ae i h pu me No. of shares held in dematerialized and physical mode No. of shares % of total capital issued 0. 56 99. 44 0. 00 100. 00 Gov rme t en n of 696736118 0 Idi n a Lf Is rn e i n ua c e Cor ai of port on Idi n a 28 008 98 41 8 50 Gov rme t 4. en n 3. 51 II F

Number of shares 1-5000 5001-10000 10001-20000 20001-30000 30001-40000 40001-50000 50001-100000 100001 a d n a e bov T a otl b.

0. 8 16 062931126

100. 8 00 245464400 100. 00

Shareholding pattern as on March 31,2010 Total no. of % to Equity shares 696736118 0 2101228 56 18 9352358 6057308 14 124725053 140099161 498 3237 308 9741 8 245464400 8 50 4. 2. 55 2. 29 7. 35 1. 51 1. 70 0. 06 0. 04 100. 00

Category GOI FI I s IdinP bl n a u i c B n s& F ak I PiaeCor B e r t v p. odis Muu l u ds ta F n NR / I OCB s Otes hr T a otl

The names and addresses of the Depositories are as under: 1. Nai a S c risDe i yLd. t l e uie post t on t or Ta Wor 4t Foor rde l h l d, K maaMisc a l l ompou d l n S n pah B pa Mag e a ti a t r, L r ae, mba-400 013 owe P rlMu i 2. Ce ta De i yS rie (n a Lmi d nrl post or evc s Idi) i t e P i eJ ee bh T hr oz e je oy owes r t l , ll te tMu i 28h FoorDaa Sre, mba-400 023 34th Annual Report 2009-2010 8 3

( Demat Suspense Account: i) Deal (na ge ae of h rsi tes s n ea c n ti i g rg t) s ae n h u pe s c ou t s ope e a d manan d atrIia P bl Ofeig nd n itie fe nt l u i fr i c n a d F rh r u i Ofeigof qut S ae of P a n ute P bl fr c n E i h rs NT C s y on31. 2010 i frih d beow: 03. s uns e l Details of Escrow Account NTPC IPO Offer KCL ( account opened and maintained after IPO) : Opening Bal ( on as 01.04.2009) Ca e ss 202 S ae h rs 35677 Disposed off during 2009-2010 Ca e ss 13 S ae h rs 2109 Closing Bal ( on as 31.03.2010) Ca e ss 18 9 S ae h rs 33568

Directors S rS a tNaan hi h ni ri S rPK S n u a hi .. e g pt S rK Dh r rjn hi . amaaa DrM. idaR o . Govn a S rAde hJ i hi s an S rK n l t hi a wa Nah S rA.. a wak hi K S n la S rS nos Na t a hi a t h ui l y xvii)L ocations of NTPC plants National Capital Region ( NCR-HQ) Thermal Power Stations i )

No. of shares NI L NI L NI L NI L 700 NI L NI L NI L

Details of NTPC L IMITED FPO Unclaimed Shares Demat Suspense Account( account opened and maintained after FPO) : Opening Bal ( after FPO) Ca e ss 773 S ae h rs 169344 Disposed off till 31.03.2010 Ca e ss 479 S ae h rs 116228 Closing Bal ( as on 31.03.2010) Ca e ss 294 S ae h rs 53116

B dapu T ema P a r r h r l owe Sai - B dapu, Ne r tt on a r r w Deh li

i Nai a Ca tl h r l owe Pojc- Dit. uu i ) t l pi T ema P on a r r e t st Ga tm B dhNa a, tr rde h u g rUta Pa s Gas Power Stations i ) AnaGa P t s owe Pojc Dit. aa , aa ta r r e t stB rn R jsh n Auay Ga P ria s owe Pojc Dit. Auay , Uta r ret st ria tr Pa s rde h F r ba Ga P ai da d s owe Pojc Dit. F r ba r ret st ai da d, Hay n ra a

i ) T e v ig r hs on te s ae me t e i te i h ot n i t g h h rs ni d n h on cosn baa c ofa e t a c nss alrman l ig ln e bov wo c ou t h l e i foz ntlh r hfl r e i te i tu own rofs c s ae camste i) l g e u h h rs li h i i s ae . h rs xv) Outstanding GDRs/ ADRs/ Warrants or any Convertible instruments, conversion date and likely impact on equity

i) Nai a Ca tlP v t l pi owe Pojc- Dit.Ga tm B dh on a r r e t st uu u Na a, tr rde h g rUta Pa s

Eastern Region ( ER-HQ) I NoGDR / sWarns a yCon et eisrme t Thermal Power Stations sADR / ra t or n v ri n tu ns bl h sbe nis e byteCompa y a e su d h n i B r S pe T ema P ) ah u r h r l owe Pojc- Dit. an , ia r r e t stP ta Bh r xvi) Number of Shares held by the Directors as on i F rka S pe T ema P i aa k ) u r h r l owe Sai Dit. r tt on st March 31,2010 Mus i ba We t e g l rhda d, s B n a Directors No. of shares i) K h la i i a ag on S pe T ema P u r h r l owe Pojc- Dit. r ret st S rRS S ama hi .. h r 2304 B a apu, ia h g l rBh r S rCh n nR hi a da oy S rA.. ig a hi K Sn h l S rRC. hia tv hi . S r sa v S rI . a hi. K poor J S rBP Sn h hi .. ig S rI P K s ai hi. . e h r C. S rR k s J i hi a e h an S rM. B c hi N. u h 14516 10329 2304 4608 2765 NI L NI L NI L i) Norh K rn r S pe T ema P v t aa pua u r h r l owe Pojc r ret Ha ai g , h rh n z r h J ak a d ba Eastern Region ( ER-HQ) II Thermal Power Stations i ) T lh rS pe T ema P ac e u r h r l owe Sai - Dit.An u, r tt on st g l Or s ia s

i T lh r h r l owe Sai - Dit. g lOr s i ac e T ema P ) r tt on stAn u, i a s i) B g ia T ema P i i on ag on h r l owe Pojc,Dit.K rja, r r e t st okah r Asa s m.

8 4

34th Annual Report 2009-2010

i) Gaa r S pe T ema P v jmaa u r h r l owe Pojc, Dit. i K wa Ga P r ret st i ) a s s owe Pojc- Adi a Na a, S rt r ret t y g r ua, Dh n a a, is e k n lOr a s Guaa jrt v Dal l S pe T ema P ) rpal u r h r l owe Pojc, Dit. HY i i r ret st DRO PROJ ECTS S n rah J as g da Or s u deg r, h ru u , i a s i K da Hy oP ) ol m dr owe Pojc Dit. i s rHi c a r r e t stBl pu, ma h l a Pa s rde h Northern Region ( NR-HQ) Thermal Power Stations i T pov n Vih u a Hy o P i a a ) s n g d dr owe Pojc Dit. r ret st i ) F r eGa dh Un h h r h r l owe Sai Dit. eoz n i c a a T ema P r tt on st R e rl Uta Pa s a baei tr rde h , i) i i i Rh n S pe T ema P i ia d u r h r l owe Pojc Dit. ) r ret st S e a a Uta Pa s on bh dr, tr rde h i) v i) Sn rui S pe T ema P i i iga l u r h r l owe Sai r tt on S e a a Uta Pa s on bh dr, tr rde h Dit. st Ch mol Utaa h n a i trk a d , L aia - P l Hy o P oh r g aa dr owe Pojc- Dit. tra h, n r r e t st Utak s i Utaa h n trk a d R psy ba a K a ibaaHy o P u ia g r h sa r dr owe Pojc Dit. r r e t st Ptorg r, trk a d i a ah Utaa h n h

v K ody eI dr P ) ol n IHy o owe Pojc, z a r r e tMiorm i) T n T ema P v a da h r l owe Sai - Dit. r tt on st Ambe a Na a, dk r g r J OINT VENTURE POWER PROJ ECTS Uta Pa s tr rde h i R reaCP -I- Dit. u dag r, is ) ouk l P I stS n rah Or a s Southern Region ( SR-HQ) i Dug pu CP -I- Dit. udwa , s B n a i ) ra r P I stB r n We t e g l Thermal Power Stations i ) i R ma u da S pe T ema P a g n m u r h r l owe Sai - Dit. i) r tt on st i K r a a, dhaPa s ai g rAn r rde h mn i) v i Smh drS pe T ema P i ) i a i u r h r l owe Pojc- Vih k pan m, v r r e t s a a ta ) An r Pa s dha rde h v) i Gas Power Stations i ) B i i P- B i i E s) Ch tig r hl CP hl ( a t, at ah a a s R ta i P an gr owe Pojc - Dit. an gr Ma aa hr i r r e t stR ta i, h rs ta i Valr h r l owe Pojc Ch n a, a l du l T ema P u rr et e n iT miNa Idi Ga dh S pe T ema P n r a n i u r h r l owe Pojc - Dit. r ret st J ajrHay n h j , ra a a

R j Ga dh Combie Cy l P ai n i v n d ce owe Pojc Dit. vi Mea S pe T ema P r ret st i ) j u r h r l owe Pojc T h i Mea r ret e sl j, Alppu h , eaa a z a K rl Al h ba l a d a vi Ne Na n g r S pe T ema P i) w i bia a u r h r l owe Pojc r ret Na n g rBh r bia a, ia i) T L -F cor, ra ua K rl x E K a t y En k lm, eaa

Wind Energy Proj Belgaum,Karnataka ect, Western Region ( WR-HQ) Thermal Power Stations i )

K ba S pe T ema P or u r h r l owe Sai - Dit. K ba r tt on st or , POWER PROJ ECTS UNDER SUBSIDIARYCOMPANIES Ch at g r h ti ah s Thermal Power Proj ects i Spa S pe T ema P i ) i t u r h r l owe Pojc-Dit. Bls r r r e t st i pu, a Ch tig r at ah s i Mu afr r h r l owe Sai , z fapu, ia ) z fapu T ema P r tt Mu afr rBh r on i) Vidh a h l u r h r l owe Sai - Dit. i i i Na n g r h r l owe Pojc, bia a, ia (n i i n y c a S pe T ema P r tt on stSdh, i ) bia a T ema P r r e t Na n g r Bh r i Ma y Pa s dh a rde h J wi R i y ) V t al s h wa i) S a r S pe T ema P v olpu u r h r l owe Pojc S a r Hydro Power Proj r ret olpu, ects Ma aa hr h rs ta i L t T pov n Hy o P ) aa a a dr owe Pojcs Dit.Ch mol rret st a i , v Mou ) da S pe T ema P u r h r l owe Pojc Na pu, r ret g r Utaa h n trk a d Ma aa hr h rs ta i R mma Hy o Pojc I- Dit.Dajeig We t i a ) m dr r e t I st r l , s I e n v) Ga r r S pe T ema P i dawaa u r h r l owe Pojc, Ditit r r e t sr c Bna egl Nasn h rMa y Pa s rig pu, dh a rde h xviii) Address for correspondence: Gas Power Stations NT C B a n S P h wa , COP Complx E e i J a orGa dh rGa P ) hn n a s owe Pojc- Dit.B au h 7,n tui a Ara L R d, r r e t st h rc , Isi t l e , odi oa t on Guaa jrt Ne Deh - 110003 w li 34th Annual Report 2009-2010 8 5

T eph en mbes n e i eee c f c h on u ra d -mal frn e or ommu iai r nc t on aegv nbeow: r ie l Telephone No. R gsee Ofc e itrd e Iv sor evc s n e t S rie De rme t pat n E mald - ii 2436 0100 2436 7072 id@npcc i s t .o. n 24365742 Fax No. 2436 1018 2436 1724 Compa yS ceay n e rtr MrAnl u r . iK ma R sog at i E ii -mald

Telephone No. 2436 0071

Fax No. 2436 0241

a rsog@npcc i ka t i t .o. n

As pe Ci ua ofS c ris & E c a g B r ofIdi r r lr c e uie t x h n e oad n a dae 22. 2007, e cu ie e i i f rdrsa of td 01. x lsv -mal d or e e s l iv sor omplit i id@npcc i. n et c ans s s t .o. n F a d onbe af B r of rcor or n h lof oad Di t s e

P bl S e pes u i pok s ron 2436 9335 c MrK Sv k ma . . ia u r E e uieDi cor xct v r t e (ia c ) Fn n e E ii -mald

kia u r t .o. sv k ma@npcc i n

Pa e Ne Deh lc : w li Dae 17. 2010 t: 05.

(.. h r ) RS S ama Ch i n& Ma a igDi cor ar ma n gn r t e

ANNEX-1 Non Mandatory Requirements B sde te ma daor rqurme t a me t e i prc dig pa e ,te sau ofc ei s h n tye i e ns s ni d n e e n on g s h tts ompl n e wi n -ma daor i c a t on n t y h rqurme t of a s 49 of h LsigAge n i pr i d beow: e i e ns Clu e te it n rme ts ovde l 1. 2. 3. The Board:T eCompa yi h a d bya E e uieCh i n No Ide n n Di corh sbe na h n s e de n xct v ar . n pe de t r t a e ppoitd f ma e ne or tepei e c e n ,ntea ge ae apei of iey as onteB r of h Compa y h r od x e dig i h g rg t, r od nn e r, h oad te n. Remuneration Committee: la erfr o paa3. of hsR por. Pe s ee t r 3 ti e t Shareholder Rights:T e qu rel a ca rs l ofte Compa y ae pu ih d i la n n ws pes a h atr n n il e ut y s h n r bl e n e dig e pa r s s me t e u de h a n a sof ni d n r e dig Me n Commu iai n as h td ontewe i ofh Compa y T e ers l on nc t a d lo ose on h bst te e n . h s e ut s ae n s paaey cruae Sg ic n e e t h v be n dicos d on te c r ot e rtl i ltd. in a t v ns a e e s l e c h ompa y we i :www.t .o. n bst e npcc i n u de n n e ns i te n r An ou c me t n h Compa yP ror n e s ci . n ef ma c e t on Audit Qualication:tsawa sCompa yse de v r o prs n u qu l e a ca sae ns Ii l y n n a ou t e e t n ai d n n il ttme t. Training to Board Members: h B r of rcor h v ters sbit of tae i s pevsonofh Compa y T e oad Di t s a e h e pon i ly srtgc u rii e i te n a d u detk pei crve of ai smatr icu n pef ma c of ai ssai s c srci of n n ra e r odi e iw v r ou tes n ldig ror n e v r ou tt , on tu t on on powe r pr e t, a ct e pa sonpr rmmei l ewi tress t p byMiityof owe,e ouc mobis t , t. ojcs c pa i x n i y oga ni n t ag t e-u h nsr P rr s r e l ai ec i on I or rt fllhsr e teB r ofDi cor u deg tann fom t t t . h B r ofDi cor aefl n de o u ti ol, h oad r t s n ro riig r i o i T e oad e me me r t s r ul e y br fd onal sn s rltd matr, ika s sme t n mig t gpr e rsa d n w iiaie pr ie e lbu ie s eae tes r se s n a d t ai s i n oc due n e nt t s opos d by i v e teCompa y Di cor aeas br fd onc a g sde eopme t i Idina wel sitrai a c port a d h n . r t s r lo i e e e h n e/ v l ns n n a s la nen t l or ae n on idu tys e ai icu n tos petiigt tesaue / gsai a d e on ce vr me t n sr c n r n ldig h e rann o h tttsl ilt o e on n c omi n i on n. Whistle Blower Policy:T e Compa yh sn a h n a ot doptd a ys paae it Bowepol y Howe e, n rte e n e rt Whsl l r e i . c v r u de h pr ii s ofru Pe e t P iy a ovson Fa d rv ni ol doptd by te Compa y a Whsl Bowe me h ns i i plc f on c e h n, it l r c a im s n a e or e rporig offa d ors s ce fa d iv vn e oy e ofte Compa ya wel srprs naie ofv n s e t n ru u pe td ru n olig mpl e s h n s la e e e tt s v e dor, s ppl r,c ta t s c s l ns s rie pr i rora yote pat doig a ytpe ofbu ie swi NT C.Al u i s onrcor, on ut t, evc ovde e a n h r ry n n y sn s t P h l rporsoffa d ors s ce fa d ae iv siae wi umos s e T e me h ns f prv ni offa d i e t ru u pe td ru r n e t td t t t pe d. h g h c a im or e e t on ru s as icu d i tepol y lo n lde n h i . c

4. 5.

6.

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34th Annual Report 2009-2010

CHIEF EXECUTIVE OFFICER ( CEO)& CHIEF FINANCIALOFFICER ( CFO)CERTIFICATION We RS S ama Ch i n & Ma a ig Di cora d A.. ig a, rcor(ia c )ofNT C Lmi d t te be tofou . .. h r , ar ma n gn r t n e K Sn h lDi t Fn n e e P i t oh e s r k owldg a d beifc ri ta : n e e n l , ety h t e f () Weh v rve d tebaa c s e t n pr t n l sa c n (tn aon & c s i td)a d alt s h due a a e e iwe h ln e h e a d o a d os c ou t sa d l e on ol e n li c e ls da s a d n e on a c nsa d te Ca h Sae n f te y a e de Mac 31,2010 a d t te be tofou n ots c ou t n h s ow ttme t or h e r n d rh n o h s r k owldg a d beif n e e n l : e () te esae nsdo n c ti a ymaeil u tu sae n or t n maeila t c ti sae ns i h s ttme t ot onan n tr l nre ttme t omia y tr fc or onan ttme t ay a ta mih bemila n ; ht gt se dig (i te e sae nst eh rprs n a tu a d fi ve ofte Compa ysafi a d ae i c i h s ttme t og te e e t re n ar iw ) h n far n r n ompl n e wi s i c a t h e it ga c nigsa dads a ia elwsa d rg lt s xsi c ou t tn r , ppl bl a n n c n e uai . on ( T te be tofou k owldg a d beif n ta s ci se trd it byte Compa yduig te y a, ih ae b) o h s rn e e n l , o rn a t e on nee no h n r h e r whc r n fa due tie a or i aieof h c ru ln,l g l volt l v te ompa ysv r sc ()of on c. n ai ou ode s c du t ( ) Weaers sbl f e tbl hn a d manann itra c tol f a ca rporiga d weh v e au td c r e pon i e or sa i ig n s itiig nen l onr s or n n ile t n n a e v lae teefcie e sofh itra c tol y tmsofh Compa ypetiigt a ca rporiga d h v dicos d h fe t n s te nen l onr s se v te n rann o n n ile t n a e s l e n t tea di sa d teAu t oh u t n h or diCommie , in isi tede inor rt ofnen l onr s ia y of ih t e de ce ce n h t sg opeai on itra c tol,f n , whc weaea r a d tese weh v tk nor opos t tk t rci te ede ce ce . r wae n h tps a e ae pr e o a e o e ty h s in is f ( Weh v idiae t tec d) a e n c td o h ompa ysa di sa d teAu t n u t n h or diCommie of P sB r of rcor : t e NT C oad Di t s t e () sg ic n c a g s ia y i itra c tol e a ca rporigduigtey a; i in a t h n e ,f n ,n nen l onr ov r n n ile t n r h er n (i sg ic n c a g s ia y i a c nigpol isduigtey a a d tes meh v be ndicos d i ten e i in a t h n e ,f n ,n c ou t ) n ie r h ern h a c n a e e s l e n h ots t te a ca sae ns a d o h n n il ttme t; n (i isa c sofsg ic n fa d ofwhc we h v be ome a r a d te iv v me tteen i a y ofte i) n tn e i in a t ru ih ae c wae n h n ole n h ri, f n , h ma a e n ora e oy e h vn asg ic n r e i te c n g me t n mpl e a ig in a t ol n h ompa ysitra c tol y tm ov r a ca n nen l onr s se e n n il rporig e t . n Pa e: w Deh lc Ne li Dae: 05. t 15. 2010 ( K Sn h l A.. ig a) Di cor Fn n e r t (ia c ) e (.. h r ) RS S ama Ch i n& Ma a igDi cor ar ma n gn r t e

34th Annual Report 2009-2010

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AUDITORS CERTIFICATE
T eMe h mbes r NT C Lmi d P i t e We h v e a n d te c a e x mie h ompl n e ofc dion ofc port g en n e by NTPC L i c a on t s i or ae ov ra c imited,f te y a e de on or h e r n d Mac 31, rh 2010 a si ltd i teca s 49 of h LsigAge me t i rs c of qut S ae of h s i c s t ae n h lu e pu te it n re ns n e pe t E i h rs te ad ompa y y n wi Soc E c a g s t t k x h n e. h T ec h ompl n e ofc dion ofc port g en n e i te rs sbit ofte ma a e n.Ou e a n t i i c a on t s i or ae ov ra c s h e pon i ly i h n g me t r x miai s on l td t pr e rs a d i e nai tee ,a i e o oc due n mplme tt mi on h rof doptd by te Compa y f e s r g te c e h n or n ui h ompl n e ofte n i c a h c dion of h Cor aeGov ra c .tsn i e a a din a e prsi of nononte a ca sae nsof on t s te port i en n e Ii et r n u t or n x e son opii h h n n il ttme t teCompa y h n. I ou opii a d t te be tofou if mai a d a c dig t te e pln t sgv n t u ,we c ri ta,te n r non n o h s r nor t on n c or n o h x a ai on ie o s ety h t h f Compa y h s c n a ompl d wi te ma daor c dion of Cor ae Gov ra c a si ltd i te Lsig i e t h h n t y on t s i port en n e s t ae n h it pu n Age me t. re ns Wefrh r tt ta s c c ute sae h t u h ompl n ei n i e a a s rn ea t teftr va lyof h c i c s et r n sua c s o h uue ibit te ompa yn tee in y a h i n or h fce c or fe t e e swi whc tema a e n h sc du td teafi of h c efci n s t v h ih h n g me t a on ce h far te ompa y s n. F Da sGu a& Asocae or s pt s its Ch ree Ac ou tns atrd c na t Fr R g No. i e . 000112N m ( rs K ma) Nae h u r P rn r ate M. 08 No. 2069 F SK Mia & Co. or .. t l t Ch ree Ac ou tns atrd c na t Fr R g No. i e . 001135N m ( r h nS rp) Ki a au s P rn r ate M. 010633 No. Pa e Ne Deh lc : w li Dae: y17, t Ma 2010 F Vama& Vama or r r Ch ree Ac ou tns atrd c na t Fr R g No. i e . 004532S m ( einK B by Ch r . a ) a P rn r ate M. 016043 No. F P rk & Co. or aa h Ch ree Ac ou tns atrd c na t Fr R g No. i e . 001475C m ( D. nr V. Ma ti ) P rn r ate M. 074678 No. F B C. an& Co. or . J i Ch ree Ac ou tns atrd c na t Fr R g No. i e . 001099C m (a je Sn h R ne t ig ) P rn r ate M. 07348 No. 8 F SK Me t & Co. or .. ha Ch ree Ac ou tns atrd c na t Fr R g No. i e . 000478 m N (oht ha R iMe t) P rn r ate M. 09138 No. 2

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34th Annual Report 2009-2010