NHPC limited, India’s premier hydropower utility and a Scheduled ‘A’ Mini Ratna Enterprise of the Government of India has signed Memorandum of Understanding (MoU) with Ministry of Power, Government of India for the year 2015-16. The MOU was signed by Pradeep Kumar Sinha, secretary, Ministry of Power and RST Sai, CMD, NHPC in the presence of senior dignitaries from MOP and NHPC. In the signed MOU for NHPC, generation target under excellent rating has been set as 22,000 MU as against last year target of 21,800 MU. Excellent Target for Gross Sales is Rs5,439 crore and Gross Margin is Rs4,079.42 crore. Further to ensure optimum utilisation of budget, CAPEX programme of NHPC has been assigned one per cent weightage under Project Implementation Parameters in the MOU 2015-16. Targets regarding reduction in time overrun, forced outage, risk assessment and contingency plan, contract management, energy audit, safety audit, finalisation of power evacuation et al, have also been included under dynamic parameters.