Power Grid, Mahindra bag top CSR awards

by | Oct 29, 2019 | Sustainability

Power Grid was awarded the top honor in Rs 100 crore-plus spend categor, while Mahindra & Mahindra topped the tally in the Rs 10–100 crore category.
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President Ram Nath Kovind speaking at the CSR awards ceremony.

The President of India, Ram Nath Kovind, presented the National Corporate Social Responsibility Awards (NCSRA) in New Delhi today. The NCSRA has been instituted by the Ministry of Corporate Affairs to recognize outstanding contribution in the field of Corporate Social Responsibility (CSR).

Speaking on the occasion, the President noted that those sections of society that need the helping hand most are among the main beneficiaries of the CSR activities. He said that the corporations have, thus, made a worthy contribution towards the national goals. They are helping the nation progress towards the cherished goal of building a more equitable society. They have focused on sustainable projects creating a long-term impact.

The President said that broadly, CSR initiatives have been aligned with the national priorities such as public health, education, livelihoods, water conservation, sanitation, and natural resource management. He expressed hope that innovative solutions to persisting development challenges will emerge from the CSR activities.

The President also noted that the government is sensitive about the need to calibrate the CSR regime to make it more effective. In September, the scope of the CSR activities was widened to include more categories of research incubators. This thrust on research and development will immensely help innovators. He said that it is equally important to internalize social welfare in the corporate culture. He urged upon corporate to motivate their employees and sensitize them to this higher calling in service of the marginalized sections of society. He said that this single step will generate enough goodwill for wealth creators among ordinary people.

National CSR Awards have been instituted to recognize the Corporates whose initiatives in the area of CSR were aimed at achieving inclusive growth and sustainable development. The companies were awarded based on their strategic approach in CSR and its efforts in challenging circumstances, towards aspirational districts, difficult terrains/disturbed areas and national priority areas. Based on the submissions by the companies and reports of the independent assessment by CSR experts and the jury, 19 award winners and 19 honorable mentions across the three award categories were announced as per the list.

Winners in different categories:

S. No. Award Category Sub-category Name of Company
Corporate Award for Excellence in CSR CSR spend above INR 100 Crores Power Grid Corporation of India Limited
Corporate Award for Excellence in CSR CSR spend between INR 10 Crores 100 Crores Mahindra & Mahindra Limited
Corporate Award for Excellence in CSR CSR spend between INR 1 Crores 10 Crores Edelweiss Financial Services Limited
Corporate Award for Excellence in CSR CSR spend below INR 1 Crore Paranjape Autocast Pvt. Ltd.
CSR in Challenging Circumstances North India SRF Limited
CSR in Challenging Circumstances North-East India CRISIL Limited
CSR in Challenging Circumstances East India Bharat Financial Inclusion Limited
CSR in Challenging Circumstances West India Technip India Limited
CSR in Challenging Circumstances South India The Andhra Pradesh Mineral Development Corporation Limited
Contribution to the National Priority Areas Education Hindustan Petroleum Corporation Limited
Contribution to the National Priority Areas Skill Development and Livelihoods Hindalco Industries Limited
Contribution to the National Priority Areas Agriculture & Rural Development Mahindra and Mahindra Limited
Contribution to the National Priority Areas Health, Safe Drinking Water and Sanitation Mahanadi Coal Fields Limited
Contribution to the National Priority Areas Environment, Sustainable Development & Solar Energy Power Finance Corporation Limited
Contribution to the National Priority Areas Women & Child Development Indian Oil Corporation Limited
Contribution to the National Priority Areas Women & Child Development JSW Energy Limited
Contribution to the National Priority Areas Promotion of Sports Central Coalfields Limited
Contribution to the National Priority Areas Slum Area Development Equitas Holdings Limited
Contribution to the National Priority Areas Support to Differently abled Minda Corporation Limited

 

Honorable Mentions in different award categories: 

S. No. Award Category Sub-category Name of Company
Corporate Award for Excellence in CSR CSR spend above INR 100 Crores ITC Limited
Corporate Award for Excellence in CSR CSR spend above INR 100 Crores Tata Steel Limited
Corporate Award for Excellence in CSR CSR spend between INR 10 Crores 100 Crores National Aluminum Co. Limited
Corporate Award for Excellence in CSR CSR spend between INR 10 Crores 100 Crores Maruti Suzuki India Limited
Corporate Award for Excellence in CSR CSR spend between INR 1 Crores 10 Crores Tata Technologies Limited
CSR in Challenging Circumstances East India Hindustan Copper Limited
CSR in Challenging Circumstances East India Mecon Limited
CSR in Challenging Circumstances West India Adani Ports and Special Economic Zone Limited
CSR in Challenging Circumstances South India Mineral Exploration Corporation Limited
Contribution to the National Priority Areas Education Mahindra and Mahindra Limited
Contribution to the National Priority Areas Skill Development and Livelihoods JSW Steel Limited
Contribution to the National Priority Areas Agriculture & Rural Development HDFC Bank Limited
Contribution to the National Priority Areas Health, Safe Drinking Water and Sanitation Tata Sponge Iron Limited
Contribution to the National Priority Areas Health, Safe Drinking Water and Sanitation ITC Limited
Contribution to the National Priority Areas Environment, Sustainable Development & Solar Energy Schneider Electric IT
Contribution to the National Priority Areas Women & Child Development Rail Vikas Nigam Limited
Contribution to the National Priority Areas Promotion of Sports IndusInd Bank Limited
Contribution to the National Priority Areas Promotion of Sports India Infrastructure Finance Company Limited
Contribution to the National Priority Areas Support to Differently abled Hindustan Petroleum Corporation Limited

 

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Image By IM3847 – Own work, CC BY-SA 4.0, Link

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Union Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship, RK Singh. Source: Ministry of New and Renewable Energy

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The Solar and Wind Industry have been demanding setting up of Dispute Resolution Mechanism by MNRE for quite some time, to resolve expeditiously, unforeseen disputes that may arise beyond the scope of Contractual Agreements between solar power developers / wind power developers and SECI/ NTPC.

The issue was considered and it was felt that there is need to erect a transparent, unbiased Dispute Resolution Mechanism, consisting of an independent, transparent and unbiased Dispute Resolution Committee (DRC), for resolving the unforeseen disputes that may arise in implementation of contractual agreements and also for dealing with issues which are beyond the scope of Contractual Agreements between solar power developers/ wind power developers and SECI / NTPC.

The mechanism of Dispute Resolution Committee (DRC) will be applicable for all solar/ wind Schemes/ Programmes/ Projects being implemented through/ by SECI/ NTPC.

The DRC will consider following kinds of cases:

(a) All cases of appeal against decisions given by SECI on Extension of Time requests based on terms of contract: All requests for extension of time due to recognized ‘Force Majeure’ events like flood, earthquake, delay in handing over of land by Solar Park Developers, delay in connectivity, etc. will be dealt strictly as per Contractual Agreements. In all such cases, the solar power developers / wind power developers shall make an application for grant of Extension of Time (EoT) within the time specified in the Contractual Agreement. If application is not made within the time limit prescribed in the Contractual Agreement, it shall be summarily rejected by SECI/ NTPC. If application is made within the time limit, the request will be examined and final decision given to solar power developer/ wind power developer within 21 days from the date of application. No separate extension of time shall be granted for overlapping periods of effect by two or more causes. If the developer is not satisfied with the decision of SECI/ NTPC, then it may appeal to the Dispute Resolution Committee (DRC), within 21 days of SECI/NTPC’s order after paying a fee, to be decided by the DRC, which in any case shall not be less than 5% of the impact of SECI’s/NTPC’s decision being challenged. This fee shall be deposited into the Payment Security Fund maintained by SECI/ NTPC for the project concerned. In case, the Government upholds the appeal in toto, after taking into consideration the recommendation of DRC, and strikes down the SECI order, then the fee so collected shall be refunded, provided the DRC makes a recommendation for the same and the Government passes a specific order to that effect. The Fee which may be received and is not required to be refunded, shall be credited to the appropriate Payment Security Fund being maintained by SECI/NTPC.

(b) All requests of Extension of Time not covered under the terms of contract: All cases involving unforeseen issues/ circumstances not covered under Contractual Agreements like cases where the site is to be procured by the developer but there is delay in land allotment due to policy change or registration by the Government, delays in grant of proposed connectivity due to court stays, etc., will be placed before the DRC for consideration and make recommendations to Ministry of New & Renewable Energy (MNRE) for appropriate decision.

The ‘Dispute Resolution Committee’ (DRC) will examine all such cases referred to it, including the cases where the developer is not satisfied with the decision of SECI/NTPC and it decides to appeal after paying the required fee as laid down under Para (ii) (a) above, in a time bound manner and submit its recommendations to the Ministry of New & Renewable Energy (MNRE), not later than 21 days from the date of reference.

The recommendations of the ‘Dispute Resolution Committee’ (DRC) along with MNRE’s observations, will be placed before Minister (NRE) for final decision. The Ministry shall examine and put up such recommendations to Minister (NRE) with the comments of IFD within 21 days of receipt of recommendation from the DRC.

To arrive at any decision, Committee will be free to interact with the relevant parties of the case and shall record their views. For presenting the case before the DRC, no lawyers shall be permitted.

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