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Tata Power wins its First Best CSR Community Initiative Award

Posted On: 2018-09-24 13:57:36

Tata Power, India's largest integrated Power Company announced its 'first' win at a recently held seminar by Odisha CSR Forum in Bhubaneswar under the category of "Livelihood & Employability". The award recognised Tata Power's vision and commitment to empower communities in India. The award was presented to Mr. Dillip Sahoo, Group Head, CR & Ms. Rashmi Pattanayak, Specialist-Tata Power Community Development Trust (TPCDT) by Sri Shashi Busan Behera, Hon'ble Cabinet Minister of Finance, Govt. of Odisha in the presence of esteemed dignitaries such as Dr S.N. Pasupalak, VC, OUAT, Dr Sudhanu Sarangi, Addl. D.G. of Police Odisha and Mrs. Anjana Panda, Joint Secretary, Govt. of Odisha.

Under "Livelihood & Employability", Tata Power provides employability training to unemployed B.A/B.Sc./B.Com Graduates in association with Tata Consultancy Services (TCS) and providing employment opportunities in TCS through the TCS HR team at the end of the training. It is first of it's kind convergence programme of Tata Group in Odisha and imparted training to 1705 Candidates in Odisha only and out of which 309 candidates have been selected by the TCS HR Team and offered job in the Company. Additionally, it also provides coaching for qualifying in Bank PO / Clerk / SSB / CSSB / RRB etc. and also Company formulated Village Development Committee (VDC) in different locations for providing livelihood opportunities to Farmers, SHG members and economically poor families.

Speaking on the achievement, Mr Vijayant Ranjan, Chief - Kalinganagar & CEO - Industrial Energy Limited (IEL) said, "It is an honour to be awarded the Best CSR Community Initiative Award in Odisha CSR forum. It gives us immense pleasure to be recognised for our efforts to holistically transform and empower the communities. This award will only boost us to work harder towards achieving our goal of creating independent and self-sustaining individuals."

The Odisha CSR Forum is a leading non-profit organization which has been engaged in promoting Corporate Social Responsibility (CSR). It serves as a platform to connect corporates, Government, NGOs and professionals who collectively work towards inclusive growth & equitable development of the society. A part of the CSR Forum is dedicated to appreciating the efforts undertaken by corporates to enhance the livelihoods of communities through their knowledge and innovation.

Shares of TATA POWER CO.LTD. was last trading in BSE at Rs.72.8 as compared to the previous close of Rs. 75.45. The total number of shares traded during the day was 524405 in over 2266 trades.

The stock hit an intraday high of Rs. 76.55 and intraday low of 68.05. The net turnover during the day was Rs. 38212500.

Source: Equity Bulls

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