NTPC Limited's Transformative Journey Towards Renewable Energy Leadership
Key Ideas
  • NTPC Limited in India is actively transitioning to renewable energy sources to achieve its goal of a 50% renewable energy portfolio by 2032.
  • The company is investing in talent development, offering specialized training programs in areas like renewables, solar, wind, energy storage, and green hydrogen to support its renewable energy initiatives.
  • NTPC is focusing on leadership development through programs like the 10X Leadership Program and the Samarth Program, aiming to empower high-performing individuals and aid in career advancement.
  • Utilizing cutting-edge technologies like simulators and virtual reality, NTPC is enhancing its performance management system, emphasizing continuous assessment, real-time feedback, and fostering a culture of agility and accountability.
NTPC Limited, headquartered in New Delhi, India, is undergoing a significant transformation towards achieving a renewable energy portfolio of more than 50% by 2032. The company is shifting towards cleaner and renewable energy sources to make power more accessible, inexpensive, and dependable. NTPC's plans include adding 60 gigawatts of renewables to its portfolio in the next eight years, with a focus on areas like waste-to-energy and green hydrogen. The company's talent development team is playing a crucial role in supporting this transition by providing specialized training programs in emerging areas like renewables, solar, wind, energy storage, and green hydrogen. In partnership with the L&D Institute, NTPC has equipped over 800 employees with these specialized skills to enable targeted job assignments that leverage their expertise. NTPC is also investing in leadership development through programs like the 10X Leadership Program and the Samarth Program, facilitating role transitions and aiding employees in advancing their careers. The focus on future technologies is evident through digital curriculums covering topics like AI, big data analytics, IoT, blockchain, and cybersecurity, with more than 300 executives completing courses and earning certifications. The company's performance management system has been upgraded to include cutting-edge technologies like simulators and virtual reality for immersive learning experiences. NTPC emphasizes continuous assessment, real-time feedback, and has introduced a mobile application for the weekly planner. Additionally, the company has implemented a competency-based workforce planning system for recruitment, succession planning, job rotations, and more, recognizing the importance of competency, motivation, and job design for individual performance.
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