NTPC signs MOU 2016-17 with Govt. of India

NTPC signs MOU 2016-17 with Govt. of India

NTPC Limited, the largest power generating company in India will strive to generate 248 Billion Units during the year under a Memorandum of Understanding (MoU) signed by it with Govt. of India for the year 2016-17 on 18th July, 2016.

Further, NTPC will look at a capital expenditure target of Rs 30,000 Crore under the MoU signed between Pradeep Kumar Pujari, Secretary (Power) and Gurdeep Singh,CMD, NTPC.

In addition to above, parameters related to operational efficiency, projects monitoring and financial performance are also part of signed MoU in line with MoU guidelines of Department of Public Enterprises.

The MoU signing programme was attended by Shalini Prasad, Additional Secy, (Thermal, Transmission, OM), Dr. Pradeep Kumar, Joint Secretary (Internal Finance & Budgetary Control.), Aniruddha Kumar Joint Secretary (Thermal, Hydro matters including CPSUs namely, NHPC, SJVNL, NEEPCO, THDC, BBMB Environment Management for Hydro Projects) from the Ministry of Power and A.K.Jha, Director (Technical), S.C. Pandey, Director (Projects), Shri K.K.Sharma, Director( Operations), K.Biswal, Director( Finance) and S.Roy, ED to CMD and ED(Corporate Planning and Corporate Communication) from NTPC.

NTPC is fulfilling power needs of the country through its 18 coal-based, 7 gas-based, 1 hydro based, 9 renewable energy projects and 9 JVs/subsidiaries, thereby bringing about the economic and social growth of the country. The company has a total installed capacity of 47,178 MW at present.

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