MoP - Ministry of Power

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22.9 MANAGEMENT OF ENVIRONMENTAL AND
SOCIAL ISSUES
Creating Sustainable Corporate Values
POWERGRID, being in the infrastructure sector, is in
enviable position to directly contribute to the society. Power,
today drives all the economic activities in the society.
POWERGRID, as the provider of inter-state transmission
facilities and as operator of the countrywide electrical grids,
has a pivotal role in country’s power sector.
The sustainability of corporate values is proven by the fact
that they are in consonance with the values cherished by
the society. The objectives of the company are in alignment
with the requirements of its stakeholders. End results of
such value system are witnessed in all-round performance
of the company, which has surpassed the targets. The
company continues to make conscious efforts not only for
sustaining such value-system but also inculcating desirable
values.
ENVIRONMENT AND SOCIAL MANAGEMENT
POWERGRID has within the overall corporate ethics
internalized the principles of sustainable development.
Towards its commitment of a responsible corporate citizen
POWERGRID has also been a forerunner in number of
areas. A corporate “Environmental and Social Policy &
Procedures (ESPP)” has been developed and adopted in
A view of 765 kV Compact Tower of Sipat - Seoni Transmission Line
1998 to address the environment and social issues arising
from its activities The policy outlines POWERGRID's
approach and commitment to deal with environmental and
social issues, relating to its transmission projects, and lays
out management procedures and protocols to mitigate the
same. Similarly the company towards it social responsibility
missions ensure that it acts as socially responsible corporate
entity with thrust on environment protection, community
development, and energy conservation.
POWERGRID believes that ESPP is a dynamic and living
document, which has been upgraded conforming to the
demands made by the continuously evolving social and
environmental governance in the country and modified in
the light of the experiences, gained with field implementation
of POWRGRID projects. It is a special purpose vehicle to
give a human face to the corporate functioning and moves
away from a classical cost-benefit approach to the larger
realm of corporate social responsibility, while mainstreaming
and up scaling environmental and social concerns. ESPP
is dedicated to the firm commitment of POWERGRID to
paradigm of sustainable development and appropriate
supporting processes.
ESPP implementation in last 8 years has drawn many
appreciations/awards from various stakeholders. Even The
World Bank has awarded POWERGRID “Green Award’
2006” on the commendable work done in the field of