Tata Power signs MoU with Central Board of Irrigation & Power to bridge the skill-gap in power sector
Mumbai, 10th October 2017: Tata Power, India’s largest integrated power company, today announced that the Company has signed an Memorandum of Understanding (MOU) with Central Board of Irrigation & Power (CBIP) to co-create, develop, and impart training and skill-development courses to the youth as well as employees of the power sector.
CBIP runs a Centre of Excellence for skill development in the power sector, while Tata Power has set up five training hubs in five locations in the country which includes Shahad – Mumbai, Maharashtra; Trombay – Mumbai, Maharashtra; Maithon – Dhanbad, Jharkhand, Mundra – Kutch, Gujarat and Jojobera – Jamshedpur, Jharkhand.
As per the MoU, CBIP will provide access to Tata Power to their vast library of Periodicals, Technical Information & Database, Information on technological developments, and state-of-the-art technologies. Tata Power, in return, will provide guidance to CBIP in setting up labs and other required infrastructure for up gradation of the COE. Both the parties, per the business scenario and need analysis, will prepare an Annual training calendar & Plan, and employees would be nominated for these trainings as per individual need.
Speaking on this development, Mr. Ashok Sethi, ED & COO, Tata Power, said, “In this constantly changing and challenging business scenario, there is a need to constantly hone and upgrade ones’ skillsets. The MoU with CBIP is an endeavour to provide focused skill-training to our youth, thereby, increasing their employability in the power sector. Skill development is an essential ingredient for India’s future economic growth as the country transforms itself into an internationally competitive economy. As always, it is our commitment to work in line with prime minister’s vision to equip youth with relevant employable skills and make India the skill capital of the world.”
CBIP has an expertise in Power, Water and Renewable Energy Sectors, and is inter alia engaged in Dissemination of technical knowledge and information, and providing training & consultancy in the areas of Power Generation, Transmission, Distribution, Water Resources and Renewable energy. CBIP is an accredited training partner of National Skill Development Corporation (NSDC), Power Sector Skill Council (PSSC), and Skill Council for Green Jobs (SCGJ). It plans to upgrade its Centre of Excellence in association with PSSC and SCGJ by having part funding from the Power sector PSUs.
About Tata Power:
Tata Power is India’s largest integrated power company with a growing international presence. The Company together with its subsidiaries and jointly controlled entities has an installed gross generation capacity of 10501 MW and a presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. It has successful public-private partnerships in Generation, Transmission and Distribution in India namely “Tata Power Delhi Distribution Limited” with Delhi Government for distribution in North Delhi, ‘Powerlinks Transmission Ltd.’ with Power Grid Corporation of India Ltd. for evacuation of Power from Tala hydro plant in Bhutan to Delhi and ‘Maithon Power Ltd.’ with Damodar Valley Corporation for a 1050 MW Mega Power Project at Jharkhand. Tata Power is serving more than 2.6 million distribution consumers in India and has developed the country’s first 4000 MW Ultra Mega Power Project at Mundra (Gujarat) based on super-critical technology. It is also one of the largest renewable energy players in India with a clean energy portfolio of 3180 MW. Its international presence includes strategic investments in Indonesia through a 30% stake in the leading coal company PT Kaltim Prima Coal (KPC), 26% stake in mines at PT Baramulti Suksessarana Tbk (“BSSR”); in Singapore through Trust Energy Resources to securitize coal supply and the shipping of coal for its thermal power generation operations; in South Africa through a joint venture called ‘Cennergi’ to develop projects in sub-Sahara Africa; in Zambia through 50:50 joint venture with ZESCO for 120 MW Hydro which has become operational in 2016; in Georgia through AGL which is a joint venture with Clean Energy, Norway & IFC for development of 187 MW hydro project and in Bhutan through a hydro project in partnership with The Royal Government of Bhutan. With its track record of technology leadership, project execution excellence, world class safety processes, customer care and driving green initiatives, Tata Power is poised for a multi-fold growth and committed to ‘lighting up lives’ for generations to come”.
Source: edelman
