Financial Management of Ntpc - DOC by dwb85900

VIEWS: 45 PAGES: 4

Financial Management of Ntpc document sample

More Info
									                              N T P C LIMITED
                     ( A Government of India Enterprise )



                    NTPC SCHOLARSHIP SCHEME
                                FOR
     SCHEDULED CASTE / SCHEDULED TRIBE / PHYSICALLY CHALLENGED
      STUDENTS PURSUING FULL TIME ENGINEERING DEGREE COURSE



1.      OBJECTIVE OF THE SCHEME

        With a view to focus on its role of a socially responsible and
        conscious entity, besides, being the country’s premier power
        producer, the company endeavors to take the responsibility for
        finding out ways in which it can contribute to a fruitful impact in
        the cause of SC,ST and PC person.

2.      NUMBER OF SCHOLARSHIPS

        The number of scholarships in various disciplines of engineering
        will be decided by the management from time to time. At
        present the total number of scholarships for graduate
        engineering students is 35 {20 – SC, 10-ST, 5 – PC (1-VH, 1-
        HH, 3-OH)}.

3.      COURSE, DISCIPLINE AND INSTITUTION

        NTPC scholarship shall be awarded to the students pursuing full
        time degree course in engineering in the discipline of Electrical,
        Mechanical, Instrumentation, Computer Science and Electronics /
        Telecommunications in any of the institutions recognized by the
        Govt. from the second year of full time course within the
        prescribed period.

4.      VALUE AND DURATION OF SCHOLARSHIP

        The amount of scholarship is Rs. 1500/- per month.             The
        scholarship shall be paid for all 12 months in a year for the
        entire period of the course except first year as per the procedure
        mentioned hereinafter.
5.   CONDITIONS FOR AWARD OF SCHOLARSHIP

     5.1   NTPC Scholarship shall be awarded to deserving
           SC/ST/Physically Challenged students pursuing full time
           degree course in the branch of engineering notified by
           NTPC.




     5.2   Students in receipt of NTPC scholarship will not be entitled
           to draw any other scholarship /financial aid/stipend from
           any other source whatsoever.

     5.3   Upon successful completion of the course, students in
           receipt of NTPC scholarship may be called upon to go
           through the process of selection for employment in NTPC.
           On selection, the candidate will have the liability to service
           NTPC for a minimum period of three years, excluding
           training period, if any.


6.   PROCEDURE FOR AWARD OF SCHOLARSHIP

     The award of scholarship and continuance thereof will be regulated as
     under :

     6.1   Students will be selected after they apply against a press
           advertisement / notification announcing the availability of NTPC
           scholarships.

     6.2   Selection will be made on the basis of performance in the first year
           examination in the engineering college and any other criteria that
           may be decided by NTPC.

     6.3   The applications should be sponsored by the appropriate authority
           of the concerned Institution / College by a suitable endorsement on
           the application form enclosed. Maximum of five applications may
           be forwarded by each Institution for award of SC/ST scholarship.
           Maximum of two applications may be forwarded by each Institution
           for award of scholarship for Physically Challenged students.
     6.4   The application must be accompanied by a Caste
           Certificate issued by the prescribed Authority, in the form
           prescribed by the Govt. Format of Certificate, along with a
           list of authorities empowered to issue SC/ST Certificate is
           attached. In case of Physically Challenged students, the
           application must be accompanied by a disability certificate
           issued by an appropriate authority notified for this
           purpose, in the format prescribed.

           During the course of study, authenticity of the Certificate
           may checked from the issuing authority and in case it is
           not proved to be authentic, scholarship will be withdrawn,
           besides other action, as may be decided.




     6.5   The NTPC Scholarship will be subject to the continuous
           satisfactory performance and good conduct during the
           course. Awardees of scholarship who fail to pass the
           semester and or / annual examination in the 1st attempt,
           as the case may be, and on indulging in any activity
           amounting to misconduct as per the rules and regulations
           of Institution are liable to be disqualified from any further
           scholarship award for which an annual and semester wise
           report shall be forwarded by the concerned Institution.

     6.6   The decision of the Company with regard to award of scholarship,
           continuance and/or discontinuance as the case may be, shall be
           final and binding.


7.   COMMENCEMENT OF THE SCHEME

     NTPC Scholarship Scheme – XVI will commence from the
     academic year 2005-06.

8.   MODE OF PAYMENT

     Payment of NTPC Scholarship may be made to the awardee
     through the concerned authority of the Institution in a manner
     as decided by the NTPC Management, in consultation with
     Institution concerned.
9.    SELECTION FOR EMPLOYMENT IN NTPC

      Upon successful completion of the course, the awardee may be
      required to appear for a written test and/or interview and if
      selected, to undergo training for one year as an Engineering
      Executive Trainee. Induction in regular cadre of the company in
      the grade of engineer shall be done subject to successful
      completion of such a training.

10.   DAMAGE FOR NON-FULFILMENT OF SERVICE LIABILITY

      Failure to attend the written test and/or interview and, if
      selected, to join as Trainee and thereafter to serve NTPC for a
      period of three years after completion of training as mentioned
      above will entail upon NTPC scholar concerned to refund the
      entire scholarship amount disbursed to him from time to time as
      well as training cost incurred on him during the training period.

11.   GENERAL

      NTPC reserves the right to alter, modify or withdraw the scheme
      as considered necessary.

								
To top