Corporate Social Responsibility, synonymous with NTPC’s core business of power generation.
May 27th, 2018 8:37 pm | By ThenewsmanofIndia.com | Category: LATEST NEWS
(THE NEWSMAN OF INDIA.COM)
‘Feature Impact’
NTPC Ltd. of which Gurdeep Singh is the Chairman and Managing Director. NTPC is India’s largest power utility with an installed capacity of 53,651 MW, plans to become a 130 GW company by 2032. Established in 1975, NTPC aims to be the world’s largest and best power major. NTPC has comprehensive Rehabilitation & Resettlement and CSR policies well integrated with its core business of setting up power projects and generating electricity. The company is committed to generating reliable power at competitive prices in a sustainable manner by optimising the use of multiple energy sources with innovative eco-friendly technologies thereby NTPC is contributing to the economic development of the nation and upliftment of the society.
NTPC, as a responsible corporate citizen, has been taking up CSR activities since its inception, much before mandated by DPE guidelines and now the Companies Act, 2013. NTPC had in place a Community Development Policy right since 2004, modified as and when. NPTC became a member of the Global Compact in 2011 and confirm to its ten principles, to encourage businesses worldwide to adopt sustainable and socially responsible policies.
“NTPC Foundation” is its extended arm through which it take up fast-track projects addressing niche domains of socio-economic concerns in addition to the community development projects undertaken by its CSR functional group. Its encourage volunteering by employees and their family members as well, under the banner of “Employee Voluntary Organisation for Initiatives in Community Empowerment (EVOICE)”.
With power plants located across India, its reach is very widespread, and there is huge community coverage. The focus is on providing quality education, clean drinking water, sanitation, good health and environment sustainability.
NTPC has a pan-India presence with most of its projects and stations located in backward regions/ remote rural areas of the country. NTPC takes up most of the CSR activities primarily in the neighbourhood villages of its stations, with special emphasis on marginalised and downtrodden sections of the society. In order to identify needs of communities, it conduct Need Assessment Surveys and stakeholder consultation through various participative fora. A Board Level Corporate Social Responsibility and Sustainability Committee then allocates funds against identified needs. It also contributea in education for tribal children in Sonebhadra district of Uttar Pradesh. All CSR activities are carried out in project mode, through internal or external teams.
NTPC has three-tier structure with teams at Corporate, Regional, and Operating Stations’ levels, with their unique enabling roles. In addition, it has a Board Level Corporate Social Responsibility and Sustainability Committee to oversee the CSR activities.
Employee of NTPC is a CSR person, working day in and out to generate power to enable lives,and doing so most responsibly. It is known for its strong corporate governance which ensures investors globally of its transparent systems.
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