Interim CSR Budget allocation of Rs. 60.5 Crore for 2020-21 by NHPC
The Committee of Directors on CSR & Sustainability of NHPC Limited during its 35th meeting held on 24th April 2020 approved the Interim CSR Budget allocation of Rs. 60.5 crore for 2020-21 including an amount of Rs. 15 crore for “PM CARES Fund”. A total contribution of Rs. 40 crore (including afore-mentioned amount of Rs 15 crore) has already been made by NHPC to “PM CARES Fund” from its CSR Budget of FY 2019-20 and FY 2020-21.
The above allocation of Rs 60.5 crore includes an amount of Rs. 32.50 crore sanctioned for implementation of CSR activities in the thematic areas of education and health for people around Power Stations and Projects of NHPC, through various KVs & other Schools and Medical facilities through NHPC Dispensaries. An amount of Rs. 1.25 crore has also been allocated for combating COVID-19 pandemic around NHPC Power Stations and Projects.
The meeting was held under the Chairmanship of Shri Bhagwat Prasad Makwana, Independent Director, NHPC through video conferencing. During the meeting, Shri Ratish Kumar, Director (Projects), Shri Nikhil Kumar Jain, Director (Personnel), Shri M.K Mittal, Director (Finance), Shri Y.K. Chaubey, Director (Technical), Shri M.K. Goel, Executive Director (CSR), Shri Vijay Gupta, Company Secretary and other Senior Officers of CSR and SD Division were present.
The Committee of Directors appreciated the various ongoing CSR activities pertaining to COVID-19 by various Projects and Power Stations of NHPC Limited.