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The case discusses the various human resource management (HRM) practices adopted by the National Thermal Power Corporation (NTPC), India's largest and the world's sixth largest power generating company. It discusses the framework for human resource development in the company and the way it is linked with the company's overall corporate strategy. It details NTPC's practices relating to: (1) recruitment; (2) employee training and development; (3) mentoring; (4) comprehensive benefits; and (5) work-life balance. It also describes how NTPC has established a culture of high performance, making the company the second most efficient power generator in the world. The case also explores the payoff arising from good human resource management as seen in the organisation's performance. The case concludes with a discussion on whether NTPC can further optimise its returns by modifying its HRM practices to prepare itself for the future.