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NTPC inks MoU with Ministry of Power

01 Oct 2020 Evaluate

NTPC has signed Memorandum of Understanding (MoU) with the Ministry of Power, Government of India. As per the MoU, the company will aim to achieve capital expenditure of Rs 21,000 crore and coal production of 15 million metric tonne in the current fiscal year (FY21).

NTPC Group has over 20 GW of capacity under construction, including 5 GW of renewable energy projects. With a total installed capacity of 62.9 GW, NTPC Group has 70 power stations comprising 24 Coal, 7 combined cycle Gas/Liquid Fuel, 1 hydro, 13 renewables along with 25 subsidiary & JV power stations.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

Peers
Company Name CMP
NTPC 316.70
Tata Power 350.00
Adani Power 196.95
Power Grid Corpn. 254.65
Adani Energy Solut. 1325.50
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