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NHPC targets more than 5% growth in power generation in FY19

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Press Trust of India New Delhi

State-run NHPC aims more than 5 per cent growth in power generation at 25.4 billion units and a revenue of Rs 8,000 crore in 2018/19 fiscal, according to an MoU signed with the Power Ministry.

NHPC signed the MoU with the Power Ministry for 2018-19 today, the power PSU said in a statement.

The generation target under excellent rating has been set as 25,400 million unit (MU) against last year's target of 24,000 MU.

Excellent targets for revenue from operations (Net) has been kept as Rs 8,000 crore, operating profit as a percentage of revenue from operations (Net) has been kept as 27.50 per cent and PAT/ average net worth has been kept as 9 per cent.

 

Further to ensure optimum utilisation of budget, CAPEX programme of NHPC has been assigned 6 per cent weightage in the MoU 2018-19.

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First Published: Apr 20 2018 | 8:45 PM IST

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