NHDC signs MoU with NHPC for FY20
26th Jun 2019

NHDC--a Joint Venture of NHPC and Government of Madhya Pradesh--has signed Memorandum of Understanding (MoU) for the financial year 2019-20 with NHPC. In the signed MoU for NHDC, Generation Target for FY 2019-20 under ‘Excellent’ rating has been set as 3000 MU against last year actual generation of 1921 MU. Excellent Target for Revenue from Operations is set as Rs 930 crore.

In addition to above, Operating Profit, Trade Receivables, PAT/Average Net Worth, Reduction in Claims against the Company, HRM related parameters, Technology up-gradation parameter and other Sector specific parameter have also been included.

NHPC is engaged in electric power generation by hydroelectric power plants. The company is also engaged in contracts, project management and consultancy works.