Sensitivity to the Environment is Central to NTPCs Growth and Performance-Gurdeep Singh CMD NTPC

by Psu Connect
Date: 21-09-16

NEW DELHI . NTPC is one of the engines of economic growth. The more the economy grows, the greater the opportunities for NTPC. Environmental sustainability will be our focus area and NTPC remains committed to take care of the society, especially the community in the neighborhood of its business units by improving the quality of life of the people and promoting inclusive growth said Shri Gurdeep Singh, CMD addressing shareholders at the 40th Annual General Meeting of the company held in New Delhi yesterday.

He said that various projects of NTPC having an aggregate capacity of around 24,000 MW are under implementation at 23 locations across length and breadth of the country. This translates into a CAPEX of about Rs 1,60,000 crore. NTPC has moved forward on coal freight rationalization thereby reducing coal transportation costs. With improved domestic coal supplies, company has been able to minimize import of coal. With these steps, we have been able to reduce the tariff by 14 paise (~4.3%) in Q1 FY17 as compared to Q1 FY16 he said.

Shri Singh said focus areas of CSR in NTPC are health, sanitation, drinking water, education, capacity building, women empowerment, social infrastructure development, and support to differently-abled persons. NTPC spent Rs 491.80 Crore during the financial year 2015-16 towards CSR initiatives.

During the year, Company contributed to the “Swachh Vidyalaya Abhiyan by making available about 29,000 toilets in 16,000 government schools in far-flung areas for the benefit of students, especially girl children, covering 82 districts in 17 States across the country he said

Sensitivity to the Environment is Central to NTPCs Growth and Performance-Gurdeep Singh CMD NTPC

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