National Thermal Power Corporation (NTPC Ltd) and Indian Ministry of Power signed Memorandum of Understanding (MOU) for the year 2011-12 on 27 March in New Delhi. The MOU was signed between Secretary (Power), P. Umashankar, and CMD, NTPC Arup Roy Choudhury in presence of senior officials of Ministry of Power and NTPC Ltd.
As per MOU signed for 2011-12, NTPC will target to achieve 235000 Million Units (MUs) of electricity generation under excellent category. NTPC committed to add capacity of 4320 MW from its own and JV projects during the year for which the MoU is signed. Activities in the area of Research and Development, Human Resource Development, Corporate Social Responsibility, Corporate Governance and Sustainable Development was also included as part of MOU (2011-12).
NTPC is currently fulfilling power needs of the country through its 15 coal-based, 7 gas-based and 6 joint venture power stations, thereby bringing about the economic and social growth of the country. The company has a total installed capacity of 33694 MW at present.
NTPC has been conferred with coveted Maharatna status by the government for its outstanding achievements over the years.
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