NTPC signs MoU with govt; targets Rs 98K crore revenue from operations for FY21

NTPC Ltd, India's largest power producer, will aim for a revenue of Rs 98,000 crore from operations and 340 BU of electricity generation as part of its ‘Memorandum of Understanding’ (MOU) with Ministry of Power for financial year 2020-21. The MoU was signed by Sanjiv Nandan Sahai, Secretar y (Power), Govt. of India and Gurdeep Singh, CMD, NTPC in the presence of senior officials from Ministr y of Power and NTPC. NTPC will aim to achieve capex of Rs. 21,000 crore and coal production of 15 Million Metric Tonnes (MMT) for the current fiscal as per the MoU. NTPC has delivered exceptional per formance in the past years and the ratings on the parameters stands testimony to its per formance.