POWERGRID emphasizes on the overall development of areas and communities around its establishments. It undertakes various community development schemes through provision of facilities like health, education, drinking water besides infrastructure like roads, community centers etc.
POWERGRID as a responsible Corporate Citizen developed its Environment and Social Policy and Procedures (ESPP) in 1998 to address the environmental and Socio-economic issues arising from its activities. The ESPP was revised in 2005 and 2009 after extensive discussions with the World Bank and through Public consultations.
POWERGRID came out with its policy on CSR in 2009 way before the issue of CSR guidelines by Department of Public Enterprises in 2010. The CSR policy was revised in 2013, and again in 2014 to make it compliant with the revised DPE guidelines and the Companies Act 2013.
"To be a Corporate that sets a long term strategy for Social & Economic Development of communities through initiatives in rural development, education, skill development, health and other areas of national importance and adhere to sustainable environmental practices"
"To align CSR and Sustainability policy with the business policy so as to conduct business in a sustainable manner adhering to the principles of Avoidance, Minimization and Mitigation in dealing with environmental and social issues and to undertake high impact community development projects of national and local importance in consultation with stakeholders"
THRUST AREA OF CSR ACTIVITIES:
Since 2009-10, POWERGRID under CSR has incurred an expenditure of ₹ 1098 Crore against the sanctioned budget of ₹ 1061 Crore, on various various CSR activities covering the thrust areas such as Education, Health, Skill Development, Rural Development, Environment, Drinking Water & Sanitation, etc. Year-wise Budget and expenditure details from 2013-14 is given below:
Year-wise Expenditure Details:
|Financial Year||Sanctioned Budget (₹ Cr.)||Expenditure (₹ Crore)|