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NTPC School of Business Organises In-company Programmes

NTPC School of Business has organised two In-company Programmes. The first In-company program was titled “Capacity Building Program on Electricity Derivatives”. It was for PTC Ltd which took place from (20th July to 29th July 2020). This programme was directed by Prof Akhilesh Awasthy, Professor of Practice, NTPC School of Business. Prof Awasthy started his career in the transmission wing of Madhya Pradesh Electricity Board in 1984. There he was involved in the design of 400 KV transmission line double circuit towers and project management of these transmission lines. He devised Trading, Clearing and Settlement and Risk Management Systems and Procedures for India’s first Power Exchange, and ensured trouble-free operations of the same. After working for more than 12 years in IEX, he moved to M/s Mercados EMI for providing Solutions to various Power Market participants.

The Programme aimed was related to recent govt initiatives on trading of electricity as other commodities with forward contracts and derivatives on exchanges. In the long run, the initiative may transform the energy sector through deepening the markets with a variety of products. Most western markets have moved to derivatives and spot exchanges, with only a few countries still seeing long-term bilateral power trades.

The second In-company programme organised was titled “Safety Analytics” for NTPC Ltd. It was directed by Reshmi Manna, Associate Professor at HR, OB and People Analytics. It took place from 9th July to 30th July 2020.

This in-company programme was organised to support the Safety Department to analyze large data on Safety Implementation and Perception collected from various sources associated with NTPC Ltd. The executives responsible for the project were given hand-on experience with the software SPSS on the following domain:

  • Descriptive statistics to understand current safety implementation status and safety perception data spread.
  • Reliability and confirmatory validity of the measurement tool
  • Inferential statistics to infer and predict the population’s
  • safety perception based on data from random sampling.
  • Predictive analytics to predict the antecedent dimensions influencing the successful implementation of the safety measure and people’s perception towards safety procedures.
  • Prescriptive analytics for understanding the training needs analysis and bridging the gaps in safety measures.

NTPC School of Business would be to organizing these kinds of more In-company programmes in the future.

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