Vedanta TSPL wins ICSI National Awards for ‘Excellence in Corporate Governance’20th January 2021
Mansa, Punjab, 20 January 2021: Talwandi Sabo Power Limited (TSPL), the largest thermal power plant in Punjab, wins two awards at the prestigious 20th edition of the National Awards for Excellence in Corporate Governance, conducted by The Institute of Company Secretaries of India.
TSPL was adjudged as the ‘Best Governed Company’ in Unlisted Segment: Medium Category and Company Secretary Ms. Mansi Bhutani was conferred with the ‘Governance Professional of the Year’ award.
Sharing his views on winning these coveted awards Vikas Sharma, CEO and WTD, TSPL said, “At Vedanta, we are committed to the highest standards of corporate governance as the country’s leading natural resources company. This award stands testimony to our strongly ingrained value system and bolsters our resolve to make TSPL a gold standard in business excellence.”
Instituted for inculcating and inducing a pervasive consciousness of the need for good governance in India Inc, the ICSI National Awards recognize impeccable performance by corporates and professionals in the arena of Corporate Governance. Shri Piyush Goyal, Hon’ble Union Minister for Railways, Commerce & Industry, Consumer Affairs and Food & Public Distribution, graced the occasion as the Chief Guest, and Hon’ble Justice AK Sikri Former Judge, Supreme Court of India and International Judge, Singapore International Commercial Court, was the Chairman of the Jury for the awards.
Vedanta’s Talwandi Sabo Power Limited (TSPL) is a supercritical 1980 MW world-class thermal power plant in Banawala, Mansa district, Punjab and supplies 100% of the electricity it generates to Punjab State Power Corporation Ltd. TSPL deploys globally benchmarked environment and safety practices making it Punjab’s greenest thermal power plant, and among the foremost zero-harm, zero-waste, zero-discharge thermal power producers in the country. The plant has been instrumental in the socio-economic development of the region since inception.
About Vedanta Limited:
Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa, Namibia, and Australia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety, and environment. Vedanta has put in place a comprehensive framework dedicating itself to the highest ESG standards to emerge as leaders in this space. It is among the 24 Indian companies who are signatories to the ‘Declaration of the Private Sector on Climate Change’ and is committed to decarbonizing its operations by 2050. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. The company’s flagship social impact program, Nand Ghars, have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. Under the aegis of the Anil Agarwal Foundation, the umbrella entity for Vedanta’s social initiatives, the Vedanta group has pledged Rs 5000 crore over the next five years on social impact programmes with a thrust on nutrition, women & child development, healthcare, animal welfare, and grass-root level sports. Vedanta and the group companies company have been featured in Dow Jones Sustainability Index 2020, and was conferred Frost & Sullivan Sustainability Awards 2020, CII Environmental Best Practices Award 2020, CSR Health Impact Award 2020, CII National Award 2020 for Excellence in Water Management, CII Digital Transformation Award 2020, ICSI National Award 2020 for excellence in Corporate Governance, People First HR Excellence Award 2020, ‘Company with Great Managers 2020’ by People Business and certified as a Great Place to Work 2021. Vedanta’s flagship Nand Ghar Project was identified as best CSR project by Government of Rajasthan. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.
For more information, please visit www.vedantalimited.com
About Vedanta Aluminium Business:
Vedanta Aluminium Business, a part of Vedanta Limited, is India’s largest producer of Aluminium, producing almost half of India’s aluminium or 1.96 million tonnes per annum (MTPA) in FY21. Vedanta is a leader in value-added aluminium products that find critical applications in core industries. With its world-class Aluminium Smelters, Alumina Refinery and Power Plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the ‘Metal of the Future’ for a greener tomorrow.
For more information, please log on to www.vedantaaluminium.com
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