NTPC signs MOU 2016-17 with Govt. of India
INVC NEWS New Delhi, NTPC Limited, the largest power generating company in India signed a Memorandum of Understanding (MoU) with Govt. of India for the year 2016-17 on 18th July, 2016 in New Delhi. The MOU was signed by Shri Pradeep Kumar Pujari, Secretary (Power) and Shri Gurdeep Singh,CMD, NTPC. As per the signed MOU, NTPC shall strive to generate 248 Billion Unit during the year under "Excellent" category. Further, NTPC has CAPEX target of Rs 30,000 Crore under Excellent category. 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 Ms. Shalini Prasad, Additional Secy, (Thermal, Transmission, OM), Dr. Pradeep Kumar, Joint Secretary (Internal Finance & Budgetary Control.), Shri 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 Shri A.K.Jha, Director (Technical), Shri S.C. Pandey, Director (Projects), Shri K.K.Sharma, Director( Operations), Shri K.Biswal, Director( Finance) and Shri 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.