NTPC tops list of MoU awards for excellencein performance

NTPC Limited, a Navaratna PSU has been ranked top awardee for MoU Award for Excellence in Performance, instituted by Department of Public Enterprises, Govt. of India

New Delhi, Delhi, March 8, 2007 /India PRwire/ -- NTPC Limited, a Navaratna PSU has been ranked top awardee for MoU Award for Excellence in Performance, instituted by Department of Public Enterprises, Govt. of India consecutively for two years, 2004-05 and 2005-06 with 'Excellent' rating. Dr. Manmohan Singh, Hon'ble Prime Minister of India presented the MoU Awards to Shri T. Sankaralingam, CMD, NTPC at the Conference of Chief Executives of CPSEs held in New Delhi today.

NTPC has been achieving "Excellent" rating under the Memorandum of Understanding (MoU) signed with Govt. of India for all the years since inception of the MoU system and has sustained high level of operational and financial performance.

NTPC is fuelled with the vision to be a world class integrated power major, powering India's growth with increasing global presence. It is India's largest power generation company with an installed capacity of 26,404 MW, with 14 coal based, 7 gas based and 3 Joint Venture power stations and with 20% of all India's installed capacity contributes around 28% of country's power generation. NTPC is poised to become a 75000 MW plus Company by 2017.

The other Awardees in the category are HAL, PGCIL, NBCC, WAPCOS, CONCOR, RCF, HPC, REC, BHEL, STC, MSTC, NBCFDC and ECGC.

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