Let us acquire some knowledge about NTPC that, NTPC Full Form, What is NTCP, Salary of NTPC, Life at NTPC and many more. So, let us begin…
NTPC Full Form
NTPC Full Form or NTPC stands – National Thermal Power Corporation(Former name). also NTPC Full Form In Hindi-” नेशनल थर्मल पावर कॉर्पोरेशन”.
Fresher in E2 grade get a gross salary of Rs. 100,000 per month approx.
NTPC or National Thermal Power Corporation is a PSU(Public sector undertaking)company based in India. It is an maharatna company. Maharatna companies mean extensive PSU, which generate huge profits. As the name suggests, the company is related to electricity generation. Thermal power still generates a huge chunk of electricity in India, that’s why the former name of the Company was National Thermal power corporation. Right now the company deals with hydropower, renewable energy etc. So the name is changed, and it doesn’t use its old full form, i.e. National Thermal power corporation.
NTPC Information: What is NTPC, Salary of NYCP and Life at NTPC.
Salary and benefits in NTPC-
NTPC or National thermal power corporation(Former) pays very handsomely to its employees. As its PSU and even maharatna, its employees get a handsome salary. A freshly graduate engineer will get Rs. 1,20,000
to Rs. 1,35,000 per month, including all allowances. This means Rs. 16,00,000 per annum approx.
Let’s see what is included in salary-
- Payscale- Rs. 60,000 to Rs. 1,80,000 per month
- Executive grade type- E2
- Class of post or employee group – Group A/Executive post
- Basic pay or base salary- Rs. 60,000
- Total EPF amount- Rs. 15,668
- DA allowance- Rs. 5,280
- Perks amount- Rs. 21,000
- PRP amount- Maximum or up to Rs. 24,000
Gross salary per month- Rs. 1,20,000 to Rs. 1,35,000
Let’s see facilities and perks provided by NTPC-
- Productivity Incentive by company
- Self Contributory Superannuation benefit fund by the company
- Performance-related payments by NTPC
- Medical Treatment/reimbursement for self & dependents(all paid by the company.)
- Laptop and PC cost reimbursement in every 3 years and up to Rs. 60,000.
- School facility for children provided by the company
- Recreation cubs in the township for employees and their dependents.
- Company quarter for living on nominal rent
- Mobile and internet bill reimbursement by the company each month.
- Travelling allowance for leave
- Up to 50 days leave in a year.
- Subsidized canteen facility for everyone in the company.
So as you can see that NTPC is very generous PSU in India. The company turnover is great due to its monopoly on electricity generation. The company also deals in renewable power generation and hydropower plants etc.
The benefits of employees are unparallel. The salary of fresher is, even more, compared to an IAS officer. Quite surprising? Isn’t it? A fresher engineer graduate makes more money than the majority of its counterpart in different fields. Together with a salary of an average Rs. 1,25,000 Per month and different facility provided, you can save a huge chunk of money and save them for the future.
The perks offered by the company covers all expenses which can occur in another city. In the township, one can get everything which they want like Stadium, swimming pool, malls etc. It’s a whole town where you can find everything. They have got the best schools and facilities for children. The township is very safe for children’s and others.
Life at NTPC-
Life at NTPC is a challenging one. One cannot relax while getting such a massive amount of salary. The person needs to work harder at NTPC. NTPC or National thermal power corporation is a PSU where you need to work long hours to make sure that the power supply is going uninterrupted. NTPC plants are situated at distant locations throughout locations. You will get posting which will be very far from your hometown. These places have vast townships, but they are located in very remote areas. You will we very far from any city or towns from your municipality.
The working time in NTPC is from 9 am to 6 pm. But if you are in operation and maintenance department then say goodbye to your sleep if something happens to power production or any malfunction. You will be called in the night to oversee the operations and repairs.
In maintenance and operation department, you can get night shifts and have to work throughout the night, which can be very gruelling for the body. This can make your life hell if you don’t get used to it.
Like all other PSU, you will find many people who don’t work at all due to job security or office politics which can turn pretty bad if you don’t do bootlicking of officers. Not every officer is terrible, but some officers are used to bootlicking and will help you if you always do their bootlicking.
The best department you can get in terms of relaxation is the service department. You don’t need to work night shifts and don’t be called in the night if some malfunction occurs.
FAQ’s On NTCP
Q1. What is the full form of NTCP?
Ans:- NTCP Full Form is National Thermal Power Corporation(Former name). also NTPC Full Form In Hindi-” नेशनल थर्मल पावर कॉर्पोरेशन”.
If you think that you can work despite all these negative points of NTPC, then you should go to NTPC. It’s a government job, after all. You will get job security and an excellent salary even higher than IAS officers. However, after a few years, your growth will become stagnant, and you will feel bored and don’t see growth like your other counterparts in private jobs.See more articles regarding full forms
Written by-Aditya Soni