NHPC signs MoU with Ministry of Power, targets Rs 89 billion revenue from operations in 2020-21

NHPC Limited is targeting a revenue of Rs 89 billion and electricity generation of 27,500 million units (MUs) in 2020-21 under an agreement with the government.

The NHPC Limited has signed a memorandum of understanding (MOU) with the Ministry of Power, Government of India for 2020-21. In the MoU signed, the generation target under excellent rating has been set as 27,500 MUs as against last year’s target of 26,000 MUs. Targets for revenue from operations (net) have been kept as Rs 89 billion, operating profit as a percentage of revenue from operations (net) has been kept as 38 per cent.

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