NHDC Limited, a Joint Venture of NHPC Limited and Government of Madhya Pradesh, has signed Memorandum of Understanding (MoU) for the financial year 2018-19 at Faridabad on 19.04.2018 with NHPC Limited, India’s Premier Hydropower utility and a Scheduled ‘A’ Mini Ratna Enterprise of the Government of India.
The MoU was signed by Shri Balraj Joshi, Chairman and Managing Director, NHPC and Shri A.G. Ansari, Managing Director & CED, NHDC. In the signed MoU for NHDC, Generation Target for FY 2018-19 under ‘Excellent’ rating has been set as 3000 MU against last year FY 2017-18 actual generation of 1325 MU. Excellent Target for Revenue from Operations is set as Rs.860 Crore.