MOU
NTPC Signed an MoU with Ministry of Power for Power Genration
New Delhi: NTPC Limited, India’s largest power generating company is aiming at generating 268 billion units (BU) of electricity during the fiscal year 2018-19, under a Memorandum of Understanding signed between NTPC and Ministry of Power on 3rd May 2018 in New Delhi.
MoU was signed by Shri A.K. Bhalla, Secretary (Power) and Shri Gurdeep Singh, CMD NTPC.
As per the MoU, Revenue from Operations is targeted at Rs 85,500 Crore. Parameters related to financial performance, improvement in operational efficiency, capital expenditure, projects monitoring, technology upgradation and HR Management are also part of the MOU for the year 2018-19.
NTPC has the total installed capacity of 53651 from its 21 coal based, 7 gas based, 11 solar PV, 1 hydro, 1 small hydro, 1 wind and 9 subsidiaries / joint venture power stations. NTPC is currently building an additional capacity of over 21,000 MW at multiple locations across the country.
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