NTPC Ranks 3rd Globally at ATD BEST Awards 2024
India’s biggest energy company, NTPC Limited, won third place at the ATD BEST Awards 2024, making it the best-performing Indian company in this prestigious foreign event. Ms. Rachana Singh Bhal, CGM (Strategic HR & Talent Management), got the award on May 21, 2024, at a ceremony in New Orleans, USA.
About the ATD BEST Awards
The Association for Talent Development (ATD), which is based in the USA, gives out the ATD BEST Awards. These awards are known all over the world for recognizing outstanding work in the area of Learning and Development (L&D). They talk about companies that get big business results by carefully developing their employees.
NTPC’s Achievement and Historical Performance
NTPC has been honored with the ATD BEST Awards seven times in the last eight years, showing that it consistently does a great job and is dedicated to HR best practices. This award is their best ranking ever, and they were the only Public Sector Undertaking (PSU) from India to receive it.
NTPC’s Strategy in Learning and Development
NTPC has used technology and new ideas to set the standard for learning and development, and its strategy has been focused and strategic. The company has set up a lot of learning chances that encourage a culture of always learning, which is an important part of their business strategy. This approach not only improves employees’ skills but also makes the business more successful overall, as shown by their regularly high rankings in the ATD BEST rankings. This award is a clear sign of how well NTPC does HR practices around the world, how competitive it is in learning and development, and how hard it works to be the best.
More About NTPC
- Establishment and Core Focus: NTPC Limited, originally known as National Thermal Power Corporation, was established in 1975 to accelerate power development in India. It is headquartered in New Delhi. The company primarily focuses on thermal power generation.
- Diversification and Growth: NTPC has diversified into hydroelectric, nuclear, and renewable energy sources. It has ventured into coal mining to secure fuel supplies for its power plants. NTPC is exploring energy storage solutions to support the growth of renewable energy.
- Achievements and Market Presence: NTPC is a Maharatna company, a designation indicating exceptional performance, conferred by the Indian government. It is listed on the National Stock Exchange and Bombay Stock Exchange. NTPC offers consultancy services in the power sector globally.
Month: Current Affairs - May, 2024
Category: Awards, Honours & Persons in News