State-owned power giant NTPC is aiming to produce 10.4 million tonnes of coal to strengthen fuel supply to power plants, and spend Rs 20,000 crore on capital expenditure in the current financial year. It also aims to produce 310 billion units (BU) of electricity.
In a statement, the company said it has inked a memorandum of understanding (MoU) with the central power ministry on various targets to be achieved in 2019-20 in order to strengthen operations. The MoU was signed by NTPC Chairman and Managing Director Gurdeep Singh and Power Secretary Ajay Kumar Bhalla.
