Corporate Social Responsibility Activities of NTPC – A Study
Author(s):
Chegonda Rajitha, Dr. Ponnala Rajender
Keywords:
NTPC, Corporate Social Responsibility (CSR) and Sustainable Growth.
Abstract
NTPC, a sustainable energy leader in India, is proactively managing the nation’s energy transition equitably and effectively. In response to climate change challenges, the company is diversifying its energy sources, focusing on a balanced mix of economical thermal power and cleaner renewable energy to meet increasing demand. With an aggressive approach to expanding renewable energy, including green hydrogen, NTPC aims for nearly 45-50% of its capacity to come from non-fossil fuels by 2030, with the medium term target of 60 GW of renewable capacity by 2032. This is also reflected in NTPC’s Energy Compact goals submitted to United Nations. This paper focused on CSR expenditure break-up, expenditure of CSR activities by NTPC and CSR activities implemented by the NTPC. This study is mainly based on the secondary data. The secondary data has been collected from the NTPC website, annual reports and various research papers published on CSR practices in NTPC. In terms of Corporate Social Responsibility (CSR), NTPCr Company continued to be one of the largest corporate spenders in India. In FY 2022-23, we spent ₹ 315.32 crore on CSR activities, reaffirming our commitment to social welfare and community development.
Article Details
Unique Paper ID: 162452
Publication Volume & Issue: Volume 10, Issue 10
Page(s): 129 - 134
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