The Hindu Business Line : NTPC signs MoU with Power Ministry

Kolkata March 25 NTPC Ltd has singed a memorandum of understanding (MoU) with the Ministry of Power. The MoU was signed in New Delhi by the Secretary of Power, Mr Anil Razdan and NTPC's Chairman and MD, Mr T. Sankaralingam. The MoU includes targets of important milestones related to ongoing projects of NTPC Ltd namely Sipat-I (3X660 MW), Sipat-II (2X500 MW), Barh (3X660 MW), Korba (1X500 MW), Dadri-II (2X490 MW), Farakka- III (1X500 MW), Koldam Hydro Electric Power Project (4X200 MW), Loharinag Pala Hydro Electric Power Project (4X150 MW), Tapovan-Vishnugad Hydro Electric Power Project (4X130 MW) and targets for coal mining activities.

Gas Exploration

Targets relating to total quality management, human resource development, business development activities (including activities of gas exploration, distributed generation, R&R, ERP and subsidiaries of NTPC such as NTPC Vidyut Vyapar Nigam Ltd, NTPC Electric Supply Company Ltd and NTPC Hydro Ltd), R&D and Energy Technology, project management certification, ash utilisation and environment measures are also part of the MoU.

A NTPC press note stated that the utility company has been achieving "excellent" rating under the MoU signed with Government of India for all the years since inception of MoU and has sustained high performance levels. Fuelled by vision to be a world class integrated power major, powering India's growth, with increasing global presence, NTPC plans to be a 75,000 MW plus company by 2017.