Early Times Report
Jammu, Apr 1: NHPC Limited, India's premier hydropower utility and a Scheduled 'A' Mini Ratna Enterprise of the Government of India has signed Memorandum of Understanding (MoU) on 31.03.2015 with Ministry of Power, Government of India for the current year. The MoU was signed by Pradeep Kumar Sinha, Secretary, Ministry of Power, Government of India and R.S.T. Sai, CMD, NHPC in the presence of senior dignitaries from MoP and NHPC. In the signed MoU for NHPC, generation target under excellent rating has been set as 22000 MU as against last year target of 21800 MU. Excellent Target for Gross Sales is Rs.5439.00 crores and Gross Margin as Rs. 4079.42 crores. Further to ensure optimum utilization of budget CAPEX programme of NHPC has been assigned 1% weightage under Project Implementation Parameters in the MoU 2015-16. In addition, targets regarding Reduction in Time Overrun, Forced Outage, Risk Assessment & Contingency Plan, Contract Management, Energy Audit, Safety Audit, Finalization of Power Evacuation etc. have also been included under Dynamic Parameters. In addition, for effective outcome in the field of Research & Development, Human Resource Management, Initiatives for Growth etc., targets for various activities as per respective DPE guidelines have been included in the MoU 2015-16. |