Tata Power ramps up CSR Programs
Tata Power, India's largest integrated power company, has always undertaken various initiatives with an aim to improve the quality of life, and ensure holistic development of its surrounding communities. The strategic approach ensured focus on sustainable long term programs across all locations while also looking into location specific needs as well. The company brought in further robustness to systems and processes to align to the intended outcomes, thus benefitting more than 250 villages across 7 states in FY15 through community development initiatives. The Tata Power Community Development Trust acts as development vehicle for driving these initiatives. At present, the CSR outreach covers half a million people through various initiatives in education, health, livelihood, social capital, and nurturing sustainability. The total CSR spend of the Company in FY15 stood at Rs. 31.1 crore as against the required 2 per cent (Rs. 29.8 crore) as per the Companies Act. In addition to ...