NTPC to invest Rs 30,000 crore, generate 3% more electricity in FY17 – Feedback

State-run power producer NTPC has set a capital expenditure target of Rs 30,000 crore for the current fiscal year and said it will generate 3% more electricity over the last year.

The company has signed a memorandum of understanding (MoU) with the government, as per which it will strive to generate 248 billion units during 2016-17 to be rated under the ‘excellent’ category, a statement said. Parameters related to operational efficiency, project monitoring and financial performance are also part of the MoU. NTPC produced 241.975 billion units of electricity in 2015-16.

http://economictimes.indiatimes.com/industry/energy/power/ntpc-to-invest-rs-30000-crore-generate-3-more-electricity-in-fy17/articleshow/53282059.cms

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