VK Singh, Director (Personnel), POWERGRID and Manoj Pant, Secretary, NFCH during the signing of the MoU to provide financial assistance to violence-affected students from Assam, Manipur and Chhattisgarh.
To provide financial assistance to 1632 violence-affected students from Assam, Manipur and Chhattisgarh
Gurugram, February 22 (MExN): Power Grid Corporation of India Limited (POWERGRID) on February 22 stated that it would continue to provide financial assistance to 1632 violence-affected students from Assam, Manipur and Chhattisgarh under its Corporate Social Responsibility (CSR) initiative.
To this end, the ‘Maharatna’ Company under Ministry of Power, Government of India, signed a memorandum of understanding (MoU) with the National Foundation for Communal Harmony (NFCH), an autonomous organisation under the Union Ministry of Home Affairs.
The MoU was signed by VK Singh, Director (Personnel), POWERGRID and Manoj Pant, Secretary, NFCH, informed a press release from the public sector undertaking.
Under the project “Assist”, POWERGRID is providing financial assistance of Rs 2.55 crore for a period of one year during 2021-22, for education of students rendered orphan or destitute due to death or permanent incapacitation of either both the parents or the main bread earner in the family during communal, caste, ethnic or terrorist violence, it said.
POWERGRID has supported the NFCH from 2014-15 for education of children and last year, 1260 children were supported, it informed.
Out of the total, 1048 children are studying in classes up to class 12, 185 are pursuing their graduation and post-graduation courses and 27 children are pursuing professional courses like MBBS/MD, B. Tech, MBA, BCA, B. Ed., BA LLB etc, it added.
Meanwhile, business-wise, the end of third quarter of the current financial year (FY22), the total transmission assets of POWERGRID and its subsidiaries stood at 1,72,190 ckm of transmission lines, 264 substations and 4,69,600 MVA of transformation capacity.
The company maintained average transmission system availability of 99.82% during nine-month FY22 compared to 99.80% in the corresponding period of the previous year, the release added.
