By Rusen Kumar
NEW DELHI: By spending Rs 277.81 Crore on Corporate Social Responsibility and sustainable development during the financial year 2016-17, the NTPC Limited, having 50,000MW+ installed capacity, has surpassed the prescribed two percent amount of Rs 227.85 Crore by Rs 49.96 Crore, thus achieving a CSR spend of 2.96 %. Annual Report, 2016-17 revealed.
Average net profit of the Company for the previous 3 financial years was Rs 11392.68 Crore, accordingly prescribed CSR Expenditure (2%) was Rs. 227.85 Crore.
The Board Level Corporate Social Responsibility & Sustainability Committee comprises of three functional Directors, one Government nominee and one Independent Director, recommends to the Board for approval, the amount of expenditure to be incurred on the activities and also monitors from time to time the Policy for Corporate Social Responsibility & Sustainability approved by the Board.
|S. No.||Activity||CSR spend – 2016-17 (Rs. in Cr)|
|1.||Swachh Vidhyalya Abhiyaan||35.73|
|2.||Healthcare & Sanitation||55.52|
|3.||Education & skill development||60.45|
|9.||Protection of National Culture and Heritage||0.82|
|10.||Other CSR Activities||16.01|
Areas of CSR Activities:
- Education & skill development
- Swachh Vidhyalya Abhiyaan
- Health care & Sanitation
- Rural Development
- Protection of National Culture and Heritage
- Capacity Building
- Women Empowerment
- Roads & Infrastructure strengthening
- Providing Drinking Water
- Art & Culture and Sports
- Biodiversity, Tree Plantation
- Waste management
- Environmental Studies
- Promotion of Renewable Energy
- Water management
Preference for CSR & Sustainability activities is given to local areas around Company’s operations, ensuring that majority CSR funds are spent for activities in local areas. However, considering Inclusive Growth & Environment Sustainability and to supplement Government effort, activities are taken up anywhere in the country. During the year, more than 400 villages and more than 360 schools have been benefited by NTPC’s various CSR initiatives at different locations.
NTPC’s CSR initiatives have touched the lives of around 10 lakhs people in one or the other way, residing at remote locations. During the year, special thrust has been given to the “Clean Water and Sanitation”. With an objective to provide adequate and equitable drinking water & sanitation and hygiene to the people around NTPC operations and to end open defecation through construction of individual, cluster and community toilets enabling a Clean, safe, healthy, livable and sustainable city.
During the Year, another major initiative of NTPC are Provision for income generation opportunities through vocational training, skill up gradation and income generation programs. NTPC has adopted 18 ITI’s and is setting up 8 new ITI’s. NTPC has signed MoU with NSDC for skill development of 30000 youth over a period of 5 years spread in 12 states. It is providing vocational training to the village youth and had taken livestock developments and crop management. Projects to enhance income generation of the village community.
NTPC, being a member of Global Compact Network, India, confirms its involvement in various CSR activities in line with 10 Global Compact principles and shares its experience with the representatives of the world through Communication on Progress (COP). It submits COP to United Nations Global Compact on regular basis.
(Report based on Annual Report, 2016-17, NTPC Limited)