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    CSR Power Finance Corp

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    mayank
    The document summarizes the corporate social responsibility (CSR) details of Power Finance Corporation for the years 2014-15 to 2017-18. It lists the company's actual CSR spending and prescribed CSR budgets for each year. It also provides the estimated prescribed CSR budget for 2018-19 and notes that CSR budget decreased once in 2017-18. The document further outlines the company's management structure, focus areas in the power sector, aim of its sustainable development policy, and strategy to remain a dominant player in the Indian power sector while fulfilling CSR responsibilities.

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    CSR Power Finance Corp

    Uploaded by

    mayank
    30 views2 pages
    The document summarizes the corporate social responsibility (CSR) details of Power Finance Corporation for the years 2014-15 to 2017-18. It lists the company's actual CSR spending and prescribed CSR budgets for each year. It also provides the estimated prescribed CSR budget for 2018-19 and notes that CSR budget decreased once in 2017-18. The document further outlines the company's management structure, focus areas in the power sector, aim of its sustainable development policy, and strategy to remain a dominant player in the Indian power sector while fulfilling CSR responsibilities.

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    Csr Power Finance Corp

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    Csr Power Finance Corp

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    The document summarizes the corporate social responsibility (CSR) details of Power Finance Corporation for the years 2014-15 to 2017-18. It lists the company's actual CSR spending and prescribed CSR budgets for each year. It also provides the estimated prescribed CSR budget for 2018-19 and notes that CSR budget decreased once in 2017-18. The document further outlines the company's management structure, focus areas in the power sector, aim of its sustainable development policy, and strategy to remain a dominant player in the Indian power sector while fulfilling CSR responsibilities.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    30 views2 pages

    CSR Power Finance Corp

    Uploaded by

    mayank
    The document summarizes the corporate social responsibility (CSR) details of Power Finance Corporation for the years 2014-15 to 2017-18. It lists the company's actual CSR spending and prescribed CSR budgets for each year. It also provides the estimated prescribed CSR budget for 2018-19 and notes that CSR budget decreased once in 2017-18. The document further outlines the company's management structure, focus areas in the power sector, aim of its sustainable development policy, and strategy to remain a dominant player in the Indian power sector while fulfilling CSR responsibilities.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    CSR Project Name:Kejas Bharat Shah

    Roll no.: 49

    Public Sector Undertaking: Power Finance Corporation

    Company’s Management Structure

    Name Designation

    Rajeev Sharma Chairman & Managing Director

    Naveen Bhushan Gupta Director - Finance & CFO

    SitaramPareek Independent Director

    Arun Kumar Verma Government Nominee Director

    Name Designation

    ChinmoyGangopadhyay Director - Projects

    Praveen Kumar Singh Director - Commercial

    Gauri Chowdhury Independent Director

    CSR Financial Details (INR Cr.)


    Year 2017-18 2016-17 2015-16 2014-15
    Actual CSR 118.18 Cr 168.11 Cr 196.20 Cr 51.68 Cr
    Prescribed CSR 149.21 Cr 166.15 Cr 145.09 Cr 117.49 Cr

    Estimated Prescribed CSR Budget FY 2018-19: INR 149.98 Cr

    That means we can say that CSR budget decreased once in 2017-18 to 118.18 Cr.
    Company focus:
    1. Restructured Accelerated Power Development & Reforms Programme (R–APDRP)
    2. Ultra Mega Power Projects (UMPPs)
    3. Independent Transmission Projects (ITPs)
    4. Ministry of Power's Integrated Rating Framework for State Distribution
    Utilities

    Aim:
    The aim of the Sustainable Development Policy is to ensure that Your Company
    becomes a socially responsible corporate entity by finding ways to develop
    social, financial and environmental resources that meet the needs of the
    present, without compromising the ability of future generations to meet their
    own needs. Your Company has entered into MOU with Ministry of Power, Government
    of India for spending Rs.50 lakh plus 0.1% of Profit after Tax (consolidated),
    exceeding Rs.100 Crore of the last year, towards Sustainable Development
    activities during the year.

    Strategy:
    The strategy of Your Company is to remain a dominant player in the Indian power
    sector by continuing the growth story with a focus on financing power sector
    and making inroads into new avenues of business to accelerate growth of the
    Company. Your Company has developed a wide range of products and services and
    innovates continuously to cater to the changing needs of clients across the
    value chain of the power sector, which enables it to further consolidate its
    position. Your Company also plans to capture additional business in the areas
    of renewable energy, loan syndication and equity financing related to the power
    sector, in order to expand its operations beyond traditional financing.
    Additionally, Your Company shall continue to play a vital role by implementing
    Govt. of India schemes and will help create a more sustainable development of
    the Indian power sector. While Your Company is focused on retaining its
    dominant position and developing the power sector, it will do so by adopting
    sound governance principles and fulfilling corporate social responsibilities.

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