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News Brief | May 2015

NTPC signs MoU with Ministry of Power

NTPC shall strive to generate 246 BU during the year under ┬┤Excellent┬┤ category for 2015-16, as per a Memorandum of Understanding (MoU) signed between it and the Ministry of Power.
The Ministry of Power shall provide necessary assistance to NTPC in commercial, fuel security, ash utilization and land acquisition etc. This MoU envisages fresh capacity addition of 2,145 MW and an award of 3,000 MW thermal and 250 MW solar PV projects. Milestones related to ongoing projects and coal mines, and parameters related to financial performance, R&D, human resource management, initiatives for growth, etc. are also part of the signed MoU, as per guidelines of the Department of Public Enterprises.
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