&w=3840&q=100)
NTPC becomes first PSU to adopt global standard for power supply continuity
In an official release on Friday, NTPC said the plan would strengthen its ability to maintain uninterrupted power generation and supply in the face of unexpected events.
'This strategic initiative strengthens NTPC's ability to ensure uninterrupted power generation and supply under all circumstances,' the company stated.
Adopting global best practices
A business continuity plan is a formal set of procedures designed to help an organisation prepare for, respond to, and recover from disruptions — such as natural disasters, cyberattacks, supply chain issues, or technical breakdowns — while protecting employees and assets. ISO 22301:2019 sets out globally accepted requirements for such plans, focusing on prevention, preparedness, response, and continual improvement.
NTPC said its framework has been developed 'in alignment with global best practices and tailored to NTPC's expansive operational footprint'. The BCP includes regular risk assessments, disaster recovery drills, backup communication systems, and coordinated response protocols.
Address risks in energy sector
The plan also provides for ongoing review to address new risks in the fast-changing energy sector. 'The BCP… includes mechanisms for continuous review and improvement to address emerging risks,' the company said.
The adoption of the plan was formally approved by NTPC's Risk Management Committee, making it the first PSU in India's power sector to implement an ISO-compliant BCMS.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
16 hours ago
- Hindustan Times
RRB NTPC Result 2025 News Live: Where, how to check graduate posts results when out
RRB NTPC Result 2025 News Live: Where, how to check graduate posts results when out RRB NTPC Result 2025 News Live: The Railway Recruitment Boards have yet to declare the RRB NTPC Result 2025. The date and time of the announcement have not been shared by the Board yet. When declared, all the candidates who have appeared for the examination can check the Non-Technical Popular Category (NTPC) graduate level posts recruitment examination results on the official website of the regional RRBs under which they have More Along with the results, the scorecard and cut-off details are expected to be shared by the Board. The computer-based test was held from June 5 to June 24, 2025. The paper had 100 questions, each worth one mark. Negative marking was also used, and 1/3 marks were deducted for every incorrect answer. The provisional answer key was released on July 1 and the objection window was closed on July 6, 2025. Candidates had to pay ₹50/- as bank charges per question. This recruitment drive will fill up 8113 graduate-level posts in the organisation. Out of the total number of posts, 1736 vacancies for Chief Commercial cum Ticket Supervisor, 994 vacancies for Station Master, 3144 vacancies for Goods Train Manager, 1507 vacancies for Junior Account Assistant cum Typist, and 732 vacancies for the Senior Clerk cum Typist post. For more related details candidates can check the official website of RRBs.
Business Standard
21 hours ago
- Business Standard
NTPC becomes first PSU to adopt global standard for power supply continuity
NTPC Limited, India's largest power producer, has become the first public sector company in the country's power industry to implement a Business Continuity Plan (BCP) aligned with ISO 22301:2019, the international benchmark for business continuity management systems (BCMS). In an official release on Friday, NTPC said the plan would strengthen its ability to maintain uninterrupted power generation and supply in the face of unexpected events. 'This strategic initiative strengthens NTPC's ability to ensure uninterrupted power generation and supply under all circumstances,' the company stated. Adopting global best practices A business continuity plan is a formal set of procedures designed to help an organisation prepare for, respond to, and recover from disruptions — such as natural disasters, cyberattacks, supply chain issues, or technical breakdowns — while protecting employees and assets. ISO 22301:2019 sets out globally accepted requirements for such plans, focusing on prevention, preparedness, response, and continual improvement. NTPC said its framework has been developed 'in alignment with global best practices and tailored to NTPC's expansive operational footprint'. The BCP includes regular risk assessments, disaster recovery drills, backup communication systems, and coordinated response protocols. Address risks in energy sector The plan also provides for ongoing review to address new risks in the fast-changing energy sector. 'The BCP… includes mechanisms for continuous review and improvement to address emerging risks,' the company said. The adoption of the plan was formally approved by NTPC's Risk Management Committee, making it the first PSU in India's power sector to implement an ISO-compliant BCMS.
Hans India
a day ago
- Hans India
Crafting the Blueprint for Entrepreneurial Success: An Interview with Wise Business Plans Director Joseph Ferriolo
Hyderabad: In today's hyper-competitive startup ecosystem, a well-crafted business plan is more than just a formal document — it's a lifeline. It provides clarity, secures funding, and charts a course for sustainable growth. Wise Business Plans, a U.S.-based strategic planning firm, has built a reputation for producing investor-ready documents across more than 400 industries. Since its founding in 2010, the company has worked with over 15,000 clients, supporting more than $2 billion in combined funding raises. 'Preparation is the one thing you can control — and preparation starts with a plan.' — Joseph Ferriolo, Director, Wise Business Plans From Small Beginnings to Global Reach Q: Wise Business Plans has been in operation for over a decade. How did the company begin? Ferriolo: We started in 2010 with a very simple mission — to give entrepreneurs a level of planning and documentation usually reserved for large corporations. Our early focus was on helping small business owners prepare loan-ready plans for banks. Over time, we expanded into investor-grade plans, immigration-compliant business plans for visas like the E-2, L-1, and EB-5, as well as specialized plans for franchises, nonprofits, and commercial real estate ventures. Why a Professional Plan Matters Q: Why is a professional business plan so critical in today's market? Ferriolo: Access to capital is competitive. Banks, investors, and immigration authorities are all looking for clear, well-researched, and strategically sound documentation. A professional plan is more than numbers — it's a narrative backed by data. It tells the story of the business, explains the market opportunity, and builds confidence in execution. Global Trends and India's Growing Role Q: You've worked with entrepreneurs from multiple countries. What global trends are you seeing? Ferriolo: There's been a notable rise in cross-border entrepreneurship, with individuals seeking to establish businesses in countries like the U.S., Canada, India, and the U.K. for both market expansion and residency purposes. Technology-based startups, green energy initiatives, and health-focused ventures are particularly strong sectors right now. We've also seen Indian entrepreneurs showing greater interest in expanding overseas, especially in technology services, education, and sustainable manufacturing, while foreign investors are increasingly eyeing India for its growing consumer base and innovation potential. 'Indian entrepreneurs are increasingly pursuing U.S. market entry — and immigration-compliant planning is often the first step.' — Joseph Ferriolo Helping Indian Entrepreneurs Navigate U.S. Immigration Visas Q: Many Indian entrepreneurs are applying for U.S. immigration visas to start or expand their businesses. What role does Wise Business Plans play in this process? Ferriolo: We work closely with Indian business owners and their immigration attorneys to prepare USCIS-compliant business plans for visas such as the E-2 Treaty Investor, L-1 Intra-Company Transfer, and EB-5 Investor Program. These plans require a high degree of detail — including market analysis, job creation projections, and financial modeling — to demonstrate the business's viability and economic impact. Our role is to translate the entrepreneur's vision into a structured document that meets U.S. government standards while supporting the broader immigration strategy. Advice for Aspiring Entrepreneurs Q: What advice would you give to aspiring entrepreneurs? Ferriolo: Start with clarity. Know who your customer is, what problem you're solving, and how you'll deliver value. Then, put it in writing — a good plan forces you to confront assumptions and build a realistic roadmap. Don't see it as a one-time document; see it as a living strategy. Wise Business Plans continues to expand its global footprint, working with clients from over 20 countries. As Ferriolo puts it, 'No matter where you start, your business success begins with the right plan.'
