December 22, 2024 03:52 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Jaipur gas tanker crash: Toll touches 14, 30 critical | Arrest warrant against former cricketer Robin Uthappa over 'PF fraud' | PM Modi emplanes for a visit to Kuwait | German Christmas market car attack leaves 2 dead, Saudi Arabian doctor arrested | India, France come together to build world's largest museum in Delhi's Raisina Hill | Canada, US presented no evidence of Indians' involvement in purported criminal acts: Centre informs Parliament amid 'serious allegations' | Delhi Police Crime Branch to investigate FIR against Rahul Gandhi over Parliament tussle | 11 killed in Jaipur gas tanker crash, several injured critically | Bengaluru techie suicide: Atul Subhash's mother approaches Supreme Court seeking custody of grandson | Narendra Modi, King Charles III discuss climate action and sustainability during telephonic conversation

Tata Power Group spent Rs. 47.02 crores on CSR in FY16

| | Jul 04, 2016, at 10:15 pm
Mumbai/ Kolkata, July 4 (IBNS): Tata Power, India's largest integrated power company, on Monday announced that, together with all its subsidiaries and joint ventures, Tata Power Group companies’ CSR spend in FY16 stood at Rs. 47.02 crores.

While the Company standalone spent Rs. 29.01 crores as against the required ₹ 28.29 crores as per the CSR Act., its subsidiaries and joint ventures spent Rs. 18.01 crore. Through this, the Company reached out to more than 250 villages/urban pockets across 7 states, benefitting over 1.5 million people.

Continuing with its legacy of empowering communities, Tata Power Group companies have aligned their CSR policy to five thrust areas - Primary Education with focus on girl child, Health & Drinking Water, Livelihood and Employability, Social Capital and Infrastructure, and Inclusive Growth. The programs have been rolled out across plant locations and the impact will be mapped via timelines and outcome indicators. The CSR Initiatives are undertaken through the developmental arm - Tata Power Community Development Trust across all its locations.

Speaking on this, Vivek Talwar, Chief Sustainability Officer, Tata Power, said, "Tata Power's focus on CSR has been on designing and deploying sustainable programmes, where the community takes ownership of the programs in the true spirit of participatory development. There is sharper emphasis on capacity building of the community, which has led to better impact of programmes on health, access to affordable energy, water management and sanitisation.

Other critical programs that are being driven across the enterprise and showing scaled outcomes include working on the Model Village program, Tata Power Skill Development Institute and Affirmative Action initiatives thereby improving the quality of life of the communities. Now, Tata Power is working to develop an Aspirational Strategy for all its locations which would lay down the goals which the community would attain in its pursuit of socio-economic empowerment. Tata Power would continue to facilitate the process of development through collaborative processes, and seeking and sharing knowledge from key stakeholders."

In FY16, Tata Power was ranked 2nd in CSR by Economic Times and IIM Udaipur Survey for CSR initiatives in 2014-15.

In FY16, the Company reached out to more than 230 schools covering over 1 lakh students through various Educational initiatives. The Company helped provide 6,700 households with access to sanitation facility benefitting over 36,700 children. Model Village programs saw progress in the field of water securitisation at Jawhar (Thane), Solar Micro Grid connectivity at remote villages of Pune, promoting tribal education at Kalinganagar (Odisha) to improving agricultural productivity at Jojobera & Maithon (Jharkhand).  

This year marked the commencement of four state of the art Tata Power Skill Development Institutes in Gujarat, Maharashtra and Jharkhand wherein more than 17000 work days generated through 16 different vocational courses. More than 400 Self Help Groups (SHGs) covered 5200 women in Maharashtra, Jharkhand, West Bengal and Odisha. As part of Affirmative Action, entrepreneurship development through fly ash brick making and vocational courses were undertaken during the year. 50000+ cumulative volunteering hours generated by employees in various community engagement initiatives. At Maithon, the Life Line Express (the first hospital on train) served nearly 6,000 patients via medical care like ENT, dental care, cleft lip surgery, orthopaedic, epilepsy, etc.

Reinforcing its commitment towards sustainability, the Company planted over 7.5 lakh trees across plant locations and extended support towards Tamil Nadu Flood Relief initiative. In addition, the Company also supported natural disaster relief work at Nepal and Georgia.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.