New Delhi, December 22, 2023: NTPC Ltd., India’s largest Integrated Power Utility, has received Gold Award for Annual Report at the Corporate Governance Disclosures Competition 2022 organised by South Asian Federation of Accountants (SAFA).
Shri Jaikumar Srinivasan, Director (Finance), NTPC received the award at a function organised by SAFA on 22nd December 2023.
The annual report of NTPC for the year 2021-22 has been conferred with Gold award ( Public Sector Entities, Joint Gold) under SAFA Best Presented Annual Report Awards, Integrated Reporting Awards & SAARC anniversary awards for corporate governance disclosures competition 2022.
This award is considered to be one of the most prestigious accolade for corporate governance in the countries of the South Asian region.
The awards under different categories are conferred based on the evaluation of published Annual Reports of the business entities of the South Asian countries, by SAFA's committee for improvement in transparency, accountability & governance.
This achievement is a testimony to NTPC’s commitment for transparency and accountability towards stakeholders in business practices, further exemplifying its healthy corporate governance practices.