NTPC joins UN's CEO Water mandate

NTPC Ltd, India's largest power utility has become a signatory to the prestigious UN Global Compact's CEO Water Mandate. With NTPC joining the coveted league of companies that focus on efficient water management, its Chairman and Managing Director Shri Gurdeep Singh has joined a select group of business leaders who recognize the ever-growing importance of water stewardship and have been working to conserve this precious natural resource. NTPC has already taken a series of measures across its plant locations on sound water management. NTPC will further imbibe the 3 R's (reduce, reuse, recycle) for water conservation and management while carrying out its core business activity of power generation.

The CEO Water Mandate is a UN Global Compact initiative to demonstrate commitment and efforts of companies to better their water and sanitation agendas as part of long term Sustainable Development Goals. The CEO Water Mandate is designed to assist companies in the development, implementation, and disclosure of comprehensive water strategies and policies. It also provides a platform for companies to partner with like-minded businesses, UN agencies, public authorities, civil society organizations, and other key stakeholders.

The growing crisis in both water and sanitation in many parts of the world poses a wide range of risks - and, in some instances, opportunities - for companies in all industries. NTPC is committed to proactively address water sustainability issues through implementing Water Policy, which will serve as a directive for establishing water management strategies, systems, processes, practices and research initiatives.

Shares of NTPC LTD. was last trading in BSE at Rs.111.85 as compared to the previous close of Rs. 111.8. The total number of shares traded during the day was 471730 in over 4900 trades.

The stock hit an intraday high of Rs. 113 and intraday low of 111.1. The net turnover during the day was Rs. 52890445.

Source : Equity Bulls

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