Thursday, 27 March 2014

NEEPCO signs MoU

NEEPCO Ltd., a Miniratna CPSE, signed a Memorandum of Understanding with the Ministry of Power for the FY 2014- 15 on 26th March 2014. The MoU was signed between P. K. Sinha, Secretary (Power), Government of India, and P. C. Pankaj, Chairman & Managing Director, NEEPCO. 

The Corporation will make an investment of Rs. 1682.37 crore during the FY 2014- 15. The key performance parameters under the MoU includes generation of 5093 MU (2475 MU from hydro and 2618 MU from thermal) under excellent category; commissioning of three ongoing projects in addition to other sector- specific and enterprise- specific parameters.

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