New Delhi, 29 September 2020: NTPC, the Indian Public Sector Undertaking (PSU) engaged in generation of electricity and allied activities has spent Rs 52.24 Crore over and above its prescribed budget under Corporate Social Responsibility (CSR) for the financial year 2019-20. The company’s total CSR expenditure stood at Rs 304.92 Crore against its prescribed budget of Rs 252.68 Crore.
According to the company, its average net profit for the previous three financial years combined was Rs 12,633.85 Crore. Accordingly, its CSR budget was calculated (2% of the average profit over the last three financial years) as Rs 252.68 Crore. However, the company went a step ahead and spent 20% more than the prescribed limit. The company which spent Rs 304.92 Crore in 2019-20 had spent Rs 281.45 Crore in 2018-19.
The company’s CSR covers a wide range of activities including implementation of a few key programmes through NTPC Foundation. The focus areas of its CSR & Sustainability activities are Health, Sanitation, Safe drinking water and Education. However, capacity building, women empowerment, social infrastructure livelihood creation and support through innovative agriculture & livestock development, support to Physically Challenged Person (PCPs), and activities contributing towards Environment Sustainability are also taken care of under its CSR.
It gives preference for CSR & Sustainability activities to local areas around the company’s operations, ensuring that the majority of the CSR funds are spent for activities in local areas. During the year 2019-20, the company claims to have benefited 500 villages and more than 450 schools through its various CSR initiatives at different locations.
Effectiveness of CSR and Sustainability programme here is assessed through both internal and external evaluations, claims the company.
Details of Funds spent by NTPC under CSR activities
Its CSR Policy was formulated in July 2004 and revised in 2010, 2016 and 2019 as "NTPC Policy for CSR & Sustainability" in line with the Companies Act 2013 and Department of Public Enterprises (DPE) Guidelines for CSR.
This Committee has been constituted as per the requirements of Section 135 of the Companies Act, 2013.
The company’s CSR Committee has Vinod Kumar as its Independent Director and the Chairman of the Committee
Focus areas of the company’s CSR activities are:
Education
- Four-week residential summer workshops for more than 1,800 girl children in the age group of 10-12 years studying in Govt. schools in the vicinity of 23 NTPC Locations through its flagship program "Girl Empowerment Mission" (GEM) wherein interventions were undertaken to make the girls self-reliant and confident in all walks of life.
- Implementation of projects for improvement of learning levels in about 130 Government Schools.
- Construction of school & hostel for tribal children near NTPC Rihand, in UP.
- Construction of school buildings at Varanasi UP, Hoshangabad MP & Sambalpur Odisha.
- Smart Tab labs in Government schools in vicinity of 03 NTPC Stations.
- Quality education primarily to rural community children through 34 schools located in NTPC townships.
Health & Sanitation
- Infrastructure & support for equipment at National Cancer Institute Nagpur for cancer treatment.
- Setting up Burn Units at AIIMS Patna, AIIMS Bhubaneswar & King George Medical University Lucknow.
- Construction of Eye Hospital at Dadri, UP and of operating room complex at Eye hospital in Bhubaneswar.
- The company operates Mobile Health Clinics at 10 locations benefitting about 80,000 persons per year
- Revival and continuous operation of Mechanized Solid Waste Management plant at Karsada, UP.
- 50 Sanitary Napkin Mini Manufacturing units (MMU) installed in the state of Odisha.
- Installation of sanitary napkin vending machine and incinerators in more than 40 Govt. schools and colleges benefitting substantial no. of girl children.
- Proactive relief measures like regular sanitisation of villages, distribution of PPE kits to health professionals face masks to villagers and supply of groceries to the community.
- The company is supporting the developmental & beautification works at Charminar Hyderabad, under ‘Swachh Iconic places Project’ of Govt. of India
Livelihood Generation & Vocational Training
- To enhance income generation opportunities within the villages, your Company has provided vocational training to the village youth and has undertaken livestock development and crop management projects.
- To enhance employability through vocational training, skill upgradation and income generation programs, Your Company has adopted 18 Industrial Training Institutes (ITIs) and is setting up 8 new ones.
- It has signed Memorandum of Understanding (MoU) with National Skill Development Corporation (NSDC) to develop the skills of 30000 youth over a period of 05 years spread in 12 states including 8,000 youth of J&K in order to make all of them self-employable.
Disaster Relief
- Substantial support in the relief activities during the FANI Cyclone in Odisha.
- Support committed for Redevelopment of Kedarnath town, Uttrakhand and its surrounding areas devastated during natural calamity of 2013.
Promotion of Sports
- Promotion of Archery Sports by funding National Ranking Archery Tournaments and National Archery championships.
- Adoption & Promotion of football in the state of Chhattisgarh.
Others
- Installation of Energy Efficient Pump System in the fields of farmers residing near Your Company stations located in identified five districts of Uttar Pradesh.
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