India’s largest power generating company, NTPC signed the Memorandum of Understanding (MOU) with Ministry of Power for the year 2019-20. NTPC has kept key targets as Rs 20,000 crore for capital expenditure and generate 310 Billion Units (BU) of electricity under excellent category. The corporation would also ensure 10.4 Million Metric Tonnes of coal production in a bid to strengthen fuel supply to its power stations.
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.
The MoU was signed by Shri. Gurdeep Singh, Chairman and Managing Director, NTPC Ltd. and Shri. Ajay Kumar Bhalla, Secretary, Ministry of Power, Government of India in the presence of senior officials of NTPC and Ministry of Power.
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