Tata Power signs MoU with Central Board of Irrigation and Power

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National: Tata Power, India’s largest integrated power company, today, announced that the company has signed a Memorandum of Understanding (MOU) with Central Board of Irrigation and Power (CBIP) to co-create, develop, and impart training and skill-development courses to the youth as well as employees of the power sector.

CBIP runs a Centre of Excellence (COE) for skill development in the power sector, while Tata Power has four skill development institutes in Mumbai, Trombay, Maithon – Dhanbad, (Jharkhand), and Mundra (Gujarat), which aim to bridge the existing skill gap in the power sector.

As per the MoU, CBIP will provide access to Tata Power to their vast library of periodicals, technical information and database, information on technological developments, and state-of-the-art technologies. Tata Power, in return, will provide guidance to CBIP in setting up labs and other required infrastructure for upgrading the COE. Both the parties, as per the business scenario and need analysis, will prepare an annual training calendar and plan, and employees would be nominated for these trainings as per individual need.

Speaking on this development, Ashok Sethi, ED and COO, Tata Power, said, “In this constantly changing and challenging business scenario, there is a need to constantly hone and upgrade one’s skillsets. The MoU with CBIP is an endeavour to provide focused skill training to our youth, thereby increasing their employability in the power sector. Skill development is an essential ingredient for India’s future economic growth as the country transforms itself into an internationally competitive economy. As always, it is our commitment to work in line with prime minister’s vision to equip youth with relevant employable skills and make India the skill capital of the world.”

CBIP has an expertise in the power, water and renewable energy sectors, and is inter alia engaged in dissemination of technical knowledge and information, and providing training and consultancy in the areas of power generation, transmission, distribution, water resources and renewable energy. CBIP is an accredited training partner of National Skill Development Corporation (NSDC), Power Sector Skill Council (PSSC), and Skill Council for Green Jobs (SCGJ). It plans to upgrade its COE in association with PSSC and SCGJ by having part funding from the power sector PSUs.