The aim of this research is to examine the effectiveness of leadership development programs towards competency improvement in employees at managerial positions at NTPC (National Thermal Power Corporation), one of the Maharatna companies in India.    NTPC recognises the active role of leadership development in promoting innovation , building a culture of excellence, and has successfully remained a significant player in the Indian energy sector since the last few decades. (NTPC Limited, n.d.). Leadership development programs play a major role in promising long term growth and towards a company’s success as the industry grows to be competitive and ever evolving. According to Deloitte’s 2019 Report , 86% of businesses consider leadership development to be a challenging aspect for them(Deloitte, 2019). With the aim to build leadership competencies among its employees such as decision making , critical thinking, team management etc, these training programs include a multifaceted approach and involves workshops, seminars, mentoring initiatives, hands on experiential learning opportunities(Avolio & Hannah, 2008).Such programs do not only impact the employee on an individual capacity but also contributes towards the organization as a whole as empowered leaders are more likely to inspire, motivate their entire team towards active participation , increased output and creativity throughout the company (Yukl, 2013).