NTPC targets Rs 20,000cr capex; 10.4mt coal production this fiscal
It aims 10.4 million metric tonnes of coal production to strengthen fuel supply to its power stations
NTPC targets Rs 20,000 crore for capital expenditure and generate 310 billion units (BU) of electricity for the year 2019-20, as per the MoU signed with the power ministry.
It aims 10.4 million metric tonnes of coal production to strengthen fuel supply to its power stations. These targets have been set by NTPC as under excellent category.
"NTPC Ltd is committed towards enhancing operational efficiency and simultaneously aiming to increase its revenue by 12% by employing measures to strengthen financial performance for the year 2019-20," the statement said.
As part of MoU, the company shall ensure operational efficiency and incorporate measures to ensure upgradation of relevant technological parameters.
NTPC group recorded a gross generation of 305.90 BU during 2018-19, as against 294.27 BU in the previous year thereby registering an increasing of 3.95%. NTPC has an installed capacity of 55,125MW.