NTPC aims to maximise HR resources
24 Sep 2012 1:23 AM GMT
Country's largest power producer NTPC, which has embarked on ambitious capacity addition plans, is looking to boost its manpower productivity by reducing the number of employees required to generate each MW of power.
The company has a workforce of about 26,000 people and an installed power generation capacity of 39,174 MW. The state-run major is aiming to bring down the Man-to-MW (megawatt) ratio - that indicates efficiency of its workforce - to as low as 0.3 or 0.4 in the coming years, according to a senior company official. Presently, Man-to-MW ratio is around 0.7.
'The current ratio is really good but we are looking to achieve 0.3 or 0.4, which is the international standard,' the official said. 'At the same time, we also have to ensure that the pool of people for future leadership is not affected,' he added.
Man-to-MW is a key indicator to assess the efficiency of workforce in the power sector. Generally, six to eight people are required in setting up one MW generation capacity.
On an average, the company hires about 400 executive trainees spread across engineering, finance and human resource areas.
In 2011-12, NTPC's overall Man-to-MW ratio, excluding JV/subsidiary capacity, stood at 0.74.
Since 2006-07 fiscal - when it stood at 0.91 per cent, the company's Man-to-MW ratio has been on the decline. The ratio stood at 0.87 in the next financial year, followed by 0.85 in 2008-09.
The company has a workforce of about 26,000 people and an installed power generation capacity of 39,174 MW. The state-run major is aiming to bring down the Man-to-MW (megawatt) ratio - that indicates efficiency of its workforce - to as low as 0.3 or 0.4 in the coming years, according to a senior company official. Presently, Man-to-MW ratio is around 0.7.
'The current ratio is really good but we are looking to achieve 0.3 or 0.4, which is the international standard,' the official said. 'At the same time, we also have to ensure that the pool of people for future leadership is not affected,' he added.
Man-to-MW is a key indicator to assess the efficiency of workforce in the power sector. Generally, six to eight people are required in setting up one MW generation capacity.
On an average, the company hires about 400 executive trainees spread across engineering, finance and human resource areas.
In 2011-12, NTPC's overall Man-to-MW ratio, excluding JV/subsidiary capacity, stood at 0.74.
Since 2006-07 fiscal - when it stood at 0.91 per cent, the company's Man-to-MW ratio has been on the decline. The ratio stood at 0.87 in the next financial year, followed by 0.85 in 2008-09.
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