National Thermal Power Corporation (NTPC) and business school IIM-Ahmedabad had declared about the possibility of creating out a research institute at NTPC school of Business for policy.
On the event, Saptarshi Roy, human resource director of Maharatna PSU, said,”We are proud to have entered an agreement, under which India’s marquee business school – Indian Institute of Management, Ahmedabad – will hand hold NTPC School of Business to replicate its management degree courses beginning this year with special focus on energy verticals not only for NTPC but for the entire power sector.”
Sunil Kumar Maheshwari, IIM-A’s HRM area chair said, “This is the first time we are tying up with a leading academic institution for degree and other specialised courses along the lines of IIM-A. We were blessed with hand-holding from IIM-A for five years and we are proud of it. We will be doing the same with NTPC School of Business (NSB) and hand hold it for five years, create a top-class faculty like our own and offer a host of specialised electives for various aspects related to energy and power sectors.”
Maheshwari further said, “We wish to create a strong research and policy centre. To create manpower for this centre, NSB shall be ideal institute to take lead and this will become Centre of excellence for policy research and policy documentation.”
NSB would be inviting applications for MBA degree from April this year for a two-year degree course from interested candidates with specialisation in the energy sector.IIM would also create NSB’s own faculty by the end of the fifth year.
Roy further said, “The NSB tie-up is the latest in the series of learning and development initiatives at NTPC. We also have tied up with Harvard Business School and other Ivy League institutions under which a total of 180 senior executives are being given global exposure for the first-hand learning of leadership modules and best business practices as part of efforts to create future leaders for the organisation that is supplementing the national economic growth by way of meeting electricity requirement.”
A.K.Bhatnagar, executive director, head of Power Management Institute and NSB, Noida said, “We have the entire infrastructure at our NSB’s NOIDA campus ready to start the courses from the academic year including a residential facility for the students. We intend to enrol 120 students in the first year.”