Special Correspondent

NEW DELHI: The National Hydroelectric Power Corporation Limited (NHPC) has signed a Memorandum of Understanding (MoU) with the Ministry of Power for 2007-08 as a commitment to the Government to achieve ambitious targets for various financial and dynamic parameters.

The MoU was signed by Secretary (Power), Anil Razdan and NHPC chairman, S.K. Garg.

Under the MoU, in order to achieve the excellent rating for the next financial year, a challenging target to achieve 15033.52 million units of energy has been set for the Corporation.