NHPC honored with ‘The Economic Times HR World Future Ready Organization Award 2024-25’

Recently, India’s leading hydropower company National Hydroelectric Power Corporation (NHPC) has been awarded the prestigious ‘The Economic Times HR World Future Ready Organization Award 2024-25’.

Key points of The Economic Times HR World Future Ready Organization Award 2024-25

• The Economic Times HR World Future Ready Organization Award 2024-25 was received by NHPC Director (Personnel) Shri Uttam Lal, Executive Director (HR) Shri Lucas Guriya and NHPC officials team at a glittering award ceremony held in Mumbai on May 23, 2024.
• The Economic Times HR World Future Ready Organization Award 2024-25 was given to NHPC in recognition of its efforts in the areas of employee skill development, Environment, Social and Governance (ESG) measures, Diversity, Equity and Inclusion (DE&I) initiatives, continuous technological upgradation, employee engagement processes, strong corporate governance strategies Is.
• This establishes it as a trusted brand among all stakeholders.

About National Hydroelectric Power Corporation (NHPC)

• Formation: Year 1975
• It is one of the major hydropower companies of India. 
• It is a public sector undertaking which operates in the field of power generation and supply.
• Headquarters: Faridabad, Haryana 
• The main objective of NHPC is to develop and exploit hydropower resources in the country.
• NHPC’s projects help achieve India’s goal of having 40% of total installed capacity come from renewable energy sources by the year 2030.
• The company has several hydropower projects across the country, with a total installed capacity of about 7000 MW. Some of the prominent ones are – Daulahasti Project (Uttarakhand), Uri Project (Jammu and Kashmir), Chamba Project (Himachal Pradesh), and Baitarani Project ( Uttarakhand).
• NHPC contributes significantly to clean and renewable energy generation through its hydropower projects. Hydroelectric energy is environmentally friendly and does not emit greenhouse gases. 
• NHPC also works closely with the government and private sector. It develops hydropower projects in partnership with various state governments, and also ties up with private companies. Such collaboration helps NHPC to expand its footprint in hydropower sector and adopt latest technologies.

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