NTPC signs an MoU with the Ministry of Power

07 June 2019

India’s largest power generating company, NTPC signed the Memorandum of Understanding (MOU) with the Ministry of Power for the year 2019 20. NTPC has kept key targets as INR 20,000 crore for capital expenditure and generate 310 Billion Units (BU) of electricity under the excellent category.

NTPC Ltd is committed towards enhancing operational efficiency and simultaneously aiming to increase its revenue by 12% by employing measures to strengthen financial performance for the year 2019 20.

As part of MOU, the company shall ensure operational efficiency and incorporate measures to ensure upgradation of relevant technological parameters in line with Central Public Sector Enterprise (CPSE) Conclave, in addition to continuous project monitoring and human resource management across its project sites.

With a mission to provide reliable power and related solutions in an economical, efficient and environment-friendly manner, driven by innovation and agility, NTPC consistently works towards accelerating power development in India.