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Tata Power spent Rs 29.01 crores on CSR in FY16

04 Jul 2016 Evaluate

Tata Power, India's largest integrated power company, together with all its subsidiaries and joint ventures, Tata Power Group companies’ CSR spend in FY16 stood at Rs 47.02 crores. The Company standalone spent was Rs 29.01 crore as against the required Rs 28.29 crore as per the CSR Act and 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.

Tata Power is India’s largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 9184 MW and a presence in all the segments of the power sector.

Peers
Company Name CMP
NTPC 327.80
Tata Power 362.20
Adani Power 207.10
Power Grid Corpn. 264.30
Adani Energy Solut. 1405.20
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