NTPC, India's largest power company, was set up in 1975 to accelerate power development in India. It is emerging as an 'Integrated Power Major’, with a significant presence in the entire value chain of power generation business. NTPC ranked 317th in the 2009, Forbes Global 2000 ranking of the World’s biggest companies. With a current generating capacity of 31,134 MW, NTPC has embarked on plans to become a 75,000 MW company by 2017.