Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and...

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NTPC SCHOOL OF BUSINESS NEWSLETTER Vol.1 Issue 1 October 2019 WITH ACADEMIC SUPPPORT FROM INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD OFFERING PGDM (ENERGY MANAGEMENT) PGDM (EXECUTIVE)

Transcript of Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and...

Page 1: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

NTPC SCHOOL OF BUSINESS

NEWSLETTER

Vol.1 Issue 1 October 2019

WITH ACADEMIC SUPPPORT FROM

INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD

OFFERING

PGDM (ENERGY MANAGEMENT)

PGDM (EXECUTIVE)

Page 2: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

Dear Readers,

It is indeed a pleasure to launch the first edition of the web-

based Newsletter of NTPC School of Business (NSB). NSB has a

special focus on Energy which is pervasive. Hence we have

named our Newsletter as “Vyapti” – the state of pervasion. We

are really proud and boisterous to bring this first issue, which

unfolds the most unforgettable and precious moments of the

School. This issue brings up an exhilarating flashback of the

inception of the School, its history, and the events and

achievements during the last year. The fervent write-ups from

our young students and young at heart professors in this issue

are indubitably sufficient to hold the interest and veneration of

the readers.

Helen Keller rightly says that the world is moved along not only

by the mighty shoves of its heroes but also by the aggregate of

the tiny pushes of each honest worker. This enormous chore of

editing the newsletter would not have been possible without the

sincere support of the newsletter team who sorted the articles

from the flood of articles we received from our enthusiastic and

inquisitive students, edited them and finally came up with this

issue. I hope this souvenir will enjoy your critical approbation

and prove itself to play a vital role in the development of the

students, School and the industry.

Professor Shweta Jaiswal

Editor, Newsletter

NTPC School of Business

FROM THE EDITOR’S DESK

As being the Associate editor of Vyapti its a great pleasure to

be a part of NSB newsletter. So here we have “Vyapti”, the

long awaited first newsletter of NSB. “Vyapti” is a Sanskrit ex-

pression, in Hindu philosophy refers to the state of pervasion;

as explained by the editor.

It is a platform that exhibits the innovative ideas of students

and faculties. Vyapti presents the hard work and dedication of

the Newsletter team.

I would like to thank and appreciate the team‟s effort with

which we are able to bring the first issue.

MESSAGE FROM ASSOCIATE EDITOR

Ashita Birla

Assoc. Editor, Newsletter

NTPC School of Business

Page 3: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

I am elated to see NTPC School of Business coming out with their

first newsletter Vyapti. I am optimistic, it would facilitate

administrators, faculty, students and leaders across the industry to

keep aware of the school‟s progress. From the onset, we have

envisioned this school as a „knowledge hub‟ more than a „business

school‟. We have dreamed to create it as a world class research and

policy center in the energy domain, acting as consultant and

advisor on policy guidelines/recommendations to the government

and industries alike.

I sincerely believe, this institute shall be an ideal organization to

provide leadership in the energy sector in the foreseeable future

and guide the industry and nation through an ever challenging and

dynamic period of change. I am confident that this institute will

have a positive impact by sensitizing and training minds, and

creating cognizance for a sustainable progress ahead. Once again,

our efforts remain always towards creating an entity that is nothing

short of being the best in the world.

PROF. SUNIL MAHESHWARI Chairperson, IIM Ahmedabad

Executive Committee

COMMUNIQUÉ FROM IIM AHMEDABAD

EXECUTIVE COMMITTEE CHAIRPERSON

DIRECTOR’S MESSAGE The first Newsletter „Vyapti‟ by the students marks the first step

towards a new beginning which was envisioned with the opening of

NTPC School of Business. The incessant efforts of the students

have proven an entente between students community and industry

leaders. The stage is ripe for us to show the true potential and

vociferously reinvigorate the faith which is expected from us. It is a

chance for us to enrich and absorb the knowledge so that one is

prepared for any eventuality.

I hope the exposure provided by this newsletter invokes a

discussion and brings a greater interest about this institution. Dr. G.C. Tripathi, DDG (A),

NTPC School of Business

DEAN’S MESSAGE It is a great pleasure to note that students of NTPC School of

Business have come out with first issue of its newsletter „Vyapti‟.

Undoubtedly the School within a very short time of its inception

has acquired a position among the students community because

of its untiring efforts for excellence. However the time has come

and we need to capture the perception of the industry leaders

about their expectations from a business School so that we can

prepare ourselves for the future requirement. At this stage, I would

like to sensitize our students to listen and capture more from the

business world about the changing and future scenario and enrich

this newsletter.

Hope this newsletter will bring more visibility of the School to the

outer world by providing platform for discussion by all stake

holders. My best wishes to the hidden heroes behind this

newsletter.

Dr. P. Chanda, Dean

NTPC School of Business

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WHO WE ARE !

Contents

MoU with IIM-A

24th World Energy Congress

Greentrepreneur (CIE)

Events at NSB

MDP - An NSB Initiative

Centres of Excellence at NSB

A) CREST & CRI

B) Centre for Energy Environment and Sustainable Development

C) Center for Energy Innovations

IIM-A Facto & Vyapti

Faculties Research Publications

Faculty thoughts

Creativity

Our Students Speak: Internship Experiences

Book Review

Recognizing the fact that human capital is the key value

differentiator for the success of any economic and business

activity, NTPC limited, India‟s largest energy conglomerate

formed “NTPC School of Business- NSB, in the year 2014 with

the aim to nurture human capital for the entire energy sector.

Under the aegis of NEARS, NTPC School of Business (NSB)

was set up. NSB, an extended arm of NTPC limited, started two

courses approved by AICTE, namely Post Graduate Diploma in

Management – Executive (PGDM-E) program and Post

Graduate Diploma in Energy Management (PGDM-EM). The

focus of this programme is to provide more technical insights

on management skills and help nurture leadership qualities to

keep the students well equipped with an eye on the future of

energy sector. NSB provides necessary ecosystem for

candidates to leverage the unique positioning of the School to

develop themselves as potential world class business leaders.

Productivity and innovation are the focus words of the future

energy industry and NTPC School of Business with its strong

industry academia relationship has begun its journey towards

becoming a premier B-School providing the first of its kind

program on Energy Management in the country.

Page 5: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

MoU being signed

between NTPC

Limited and IIM

Ahmedabad on

15th November

2017 Signing Au-

thority: Saptarshi

Roy,Director

(HR) NTPC and

Prof. Errol D'sou-

za,Director IIM

Ahmedabad (L-R)

Signing Authority: Saptarshi Roy, Director(HR) NTPC and Errol D'souza,

Director IIM Ahmedabad (L-R)

MoU Signed

India‟s power sector leader NTPC and top business School IIM Ahmeda-

bad announced a joint initiative to create a world-class research institute

at NTPC School of Business for policy prescription and develop energy

sector management graduates. Under the scheme of arrangement, NSB

guided and shepherded by IIM Ahmedabad specialists will seek applica-

tion from aspirants for MBA degree for a two-year degree course with

specialization in the energy sector. IIM Ahmedabad, apart from bringing

professionals from the parent organization, will gradually create NSB‟s

own faculty by the end of the fifth year

Page 6: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

Professor Mohan Agarwal, a US Fulbright Fellow and Professor ,

NTPC School of Business and Mr.Roshan Kumar Sinha- a final year

student, batch topper and a part of NSB Placement Commit-

tee represented NSB to the WEC and showcased NSB as the leading

School for Energy managers with a mission to raise brand awareness

and enhance placement potential in the world energy market.

The list of companies

Dr. Mohan met and

interacted with, includ-

ed the Asian Develop-

ment Bank Manila,

Philippines, Abengoa -

Spanish Energy com-

pany, Dubai Electricity

& Water Authority De-

wa, Department of En-

ergy UAE Government,

Emarat Oil Abu Dhabi,

Efficiency Services

ESSL, Saudi Arabia,

Huawei Tech China,

IRENA Abu Dhabi, IHS

-Markit, Mubadala Abu

Dhabi, National Hydro

Power, and many oth-

ers.

Block Chain

A new venture into

Blockchain Technolo-

gy: Dr.Mohan

Agarwal, Professor at

NTPC Business School

and a US Fulbright Fel-

low, participated in

the Blockchain Summit

Singapore- Asia’s lead-

ing Blockchain for

Business Event, at Sun-

tec Convention Centre

Singapore on August

20, 2019.

NSB shows its presence in Block Chain Summit

NSB Contributes to the 24th World Energy Congress -Abu Dhabi, Sept

2019

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CENTER FOR INCUBATION & ENTREPRENEURSHIP

Lithium Urban Technologies, operator of India‟s first complete-

ly fleet pinpointed a sweet spot- multinational employee trans-

portation. Its head of external relations, marketing and commu-

nication, Mr. Vikas Mishra in an interview with Ravi Nadella,

member Center for Innovation & Incubation dispersed the

knowledge about history, business development and current

market scenario of Lithium Urban & overall EV industry in In-

dia.

Lithium Urban‟s journey ended up being rather inspiring than

informative. From self-funded seed to a present fleet of 850-

plus cars and already clocking 80 million km, the defining drag

has been the lack of charging infrastructure funding and policy

decisions of the state. Thirty percent of the world‟s problems

due to contaminated air can be easily solved by increasing the

EV foot-print which obviously comes with an efficient charging

infrastructure.

GREENTREPRENEURS

Fundamentally strong ideas

generated in the conversation

were of social inclusion, posi-

tive start-up culture and finan-

cial inclusion. Vikash Mishra,

the company‟s Head of Exter-

nal Relations, highlighted the

need for different mind-sets at

different stages of growth: in-

vestors with equity also have a

say in terms of diverse experi-

ence implying, the requirement

of a capital-experience balance.

Having said that, an underutilized current charging infra does nothing but provide a meek image of the

market given the corporate agility. Besides poor strategies on the side of different players take the mortal-

ity to ninety percent. All that is happening with the EV market in India now was the crux of this part of

our conversation in the Town hall series organized by Centre for Innovation and Incubation at NSB,

Noida.

Page 8: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

Teachers’ Day

Teacher, the knowledge that you impart is beyond the kind they have in books. You are not only just a

great teacher but the most wonderful person ever. The students of NSB came together to give a grant

celebration for them who has defined the term “students” amongst us.

Executive Freshers

The new batch of executives were given a grand welcome by PGDM EM batch 1 & 2, a fun filled night with

lots of entertainment, dance and fun. The whole batch came together in organizing the event, competing

with one another to prove their mettle, in true spirits to make the night even more memorable.

EVENTS

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Parichay

2.0

A befitting welcome,

to the next genera-

tion of energy lead-

ers, a rite of pas-

sage to carry the

torch forward in

the name of NSB!

As is the custom at

NSB, a wonderful

night of music,

dancing and cele-

brations followed.

Executive

Batch

Farewell

A commemoration

of the ending of a

gorgeous journey of

the executive sen-

iors with a grand

farewell.

Page 10: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

The students of NSB

were privileged to at-

tend 1st Global Confer-

ence and Awards - ex-

hibition on recycling,

waste management &

environment, climate

change at Vigyan Bha-

van, New Delhi.

The PGDM-Executive

batch, during their re-

cent trip to UK, as a

part of their foreign

immersion programme

for a period of 2 weeks.

They visited historical-

ly renowned institu-

tions and companies to

learn about the market

while understanding

the business opera-

tions. These were ESCP

in Madrid, NATURGY,

ESCP in London, The

Energy Institute and

Cambridge University

Global Immersion Program

Exhibition on Waste Management

Page 11: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

Sanjay Kar: Assoc. Professor , Marketing & Energy

Sanjay Kumar Kar, Ph.D., Associate Professor (Marketing & Energy),

Head, Department of Management Studies in Rajeev Gandhi Institute

of Petroleum Technology interacted with the students of NSB about

the Oil and Gas industry. The futures, present and upcoming frames of

oil and gas industry were widely discussed and so was the importance

of renewable energy touched upon. The context of India amongst the

world on Oil and Gas were also passed through.

GUEST LECTURES

Umakanta Panda: Commission Secretary FAC

& Joint Director

He enlightened the students about the actual real scenario of power

transmission and policy development in the state of Telangana. The

students after understanding the real problems of the industry got very

motivated to solve these problems.

Santhosh Kumar P: Head HR, CGPISL

As invariable as it sounds, a company is not solely focused on technical aspects but the trend has shift-

ed more steeply towards customer satisfaction. The final results in any company are purely dependent

on Customer satisfaction. It is also to be noted that to be successful, he/she needs to be competent and

equally should have a good character. The aspect of character develops inside you when no one is

watching over you.

Page 12: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

Ashish Khanna: CEO & MD of TATA Power

Ashish Khanna – CEO & MD of TATA Power solar visited NSB to inter-

act with the students and enlighten them about the current industry sce-

nario. The talk was primarily focused on solar sector both India and

Abroad. He cleared misconceptions regarding the renewables and the

optics surrounding it.

The idea of 'energy' being politics while 'energy generation' being a busi-

ness is something we cannot forget.

His approach throughout the lecture was mutual value addition for

which he engaged with all the students "head-on" to bring innovative

ideas to the table of discussion

GUEST LECTURES

Gauri Trivedi: IAS Independent director - NTPC Lim-

ited

Gauri Trivedi, IAS, Independent Director at NTPC Ltd gave a talk on

importance of women empowerment on 26th of February at the NTPC

School of Business' campus. She was able to highlight the problems

faced by women on daily basis by connecting the 'Reel' to 'Real' life sce-

narios.

Rajendra Singh: Dept. of Electrical and Computer

Engineering

Rajendra Singh is D. Houser Banks professor in the Holcombe Depart-

ment of Electrical and Computer Engineering and Automotive Engi-

neering at Clemson University. With proven success in operations, pro-

ject/program leadership, R&D, product/process commercialization,

and start-ups, Dr. Singh is a leading technologist with almost four dec-

ades of industrial and academic experience of photovoltaic and semi-

conductor industries.

He spoke on potential business opportunities for obtaining clean, sus-

tainable, resilient, reliable and nearly free electrical power that has the

potential of transforming the global social and economic structure.

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HR Conclave

Thought evoking

discussions with the

panelists were done

regarding insights

on projects, man-

agement and emi-

nent traits of lead-

erships and how to

carry forward in a

corporate was wide-

ly pointed

Blood Connect

―Spare some time;

your noble act will

help save someone's

life"

Sustainability

Conference

Event was attended

by dignitaries such

as Dr. Ajay Mathur,

Director General of

TERI,Rajeev

Bhadauria, Director

HR JSPL, Dr.

M.K.Iyer, Member

CERC,

J.S.Kamyotra Di-

rector CPCB and so

on

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Parichay 1.0

Parichay 1.0

showed a glimpse

about the future

stars of NSB. The

first fest of NSB was

organized by the

students. A great

night followed and

everyone gave their

best to make this

event a grand suc-

cess.

Body, Mind

and Heart

Pursuing a man-

agement role in any

organization can

be a stressful affair.

Body, mind and

heart was conduct-

ed to educate all

about stress reliev-

ing, how to handle

stress in an other-

wise busy schedule.

Diwali – The

festival of

lights

Diwali, the lamps

that lit the NSB

campus

Page 15: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

RUNATHON

Studies aren't the

only segment

where we are good

at. All of us are

strong athletes as

well.. The example

being set in Airtel

marathon where

we competed and

finished the race

successfully

RGIPT Mettle

The students of NSB

proving their met-

tle in Rajeev Gan-

dhi Institute of Pe-

troleum Technolo-

gy in an inter

School competition

attended by premi-

um B Schools. They

stood first in all the

events in which

they had partici-

pated except the en-

ergy management

event where they

stood second in

campus.

Page 16: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

The IIM-A Facto

2019 Batch orientation at IIM Ahmeda-

bad: Leadership and learning are indis-

pensable to each other. Preparing the fu-

ture energy leaders, NTPC School of Busi-

ness facilitated new valuable learning's

for their PGDM (EM) 2019 batch students

with the campus visit at the Indian Insti-

tute of Management, Ahmedabad.

The VYAPTI Commencement

Newsletter competition was held on Septem-

ber 2018 and the winner

of this competition was Manish Kumar PGDM

(E). Thus the newsletter got its

name VYAPTI, a Sanskrit expression,

in Hindu philosophy refers to the state of

pervasion-which means knowledge.

The tagline of VYAPTI thus being “Where

Knowledge Meets You”

Page 17: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

Management Development Programme by NSB

The objective of this MDP was to equip the par-

ticipants with the knowledge of power sector

regulations and policies which are highly signifi-

cant for personnel employed in power genera-

tion, power transmission, power distribution,

power trading and system operations.

As the Indian Power Sector is moving towards

retail competition model, the MDP intended to

provide insights to all stakeholders about the

foreseen industry structure and their role.

“ The programme was very well arranged and coordination with participants was

top notch.”

“After long time I attended a useful program. I have been attending many training

since last 30 years, but never seen such a robust coordination”

MDP Testimonials

IOCL

NTPC

Upcoming MDP on ―Applications of Machine Learning and Artificial Intelligence in Energy

Sector‖ (November 4 - 6, 2019)

This program will introduce the participants to the key concepts behind Machine Learning and Artificial In-

telligence, including the intelligent agents and disciplines across Artificial Intelligence .

This programme has been designed for enhancing the knowledge about Applications of Machine Learn-

ing and Artificial Intelligence of corporate professionals, entrepreneurs, academicians, senior & middle level

managers, fresh and young graduates who are interested in understanding Machine Learning and Artificial

Intelligence & who would like to spearhead their organization when the firm decides to adopt it to assist in

decision making and marketing initiatives.

Few key concepts include overview of AI, Economics of AI, Machine Learning & Understanding the AI Market

Page 18: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

CREST

Centre for Renewable Energy Systems and Technologies

Exposure to real life demonstrations, and opportunity to experiment hands-on with working

systems, gives students confidence to evaluate and select among competing options.

At NSB we aim to complement the education gained from ―touch and feel‖ with analytical tools

and business principles that aid decision making. CREST in the future is expected to become a

hub and enabler for masters level and doctoral program at NSB.

NSB is likely the first in India, and rare among universities in the world, in our approach in-

volving technical plus financial assessment of projects from a business perspective under one

roof.

Projects (suggested under CREST)

Solar + battery powered sterilization for hospitals,

Solar + battery powered small diesel-generator substitution

Solar + battery powered homes - all DC, standalone plus apartments,

Solar + battery powered water pumps,

Solar + battery powered refrigerator

Centre for Research and Innovation

Centre for Research and Innovation (CRI) of NSB is currently involved in developing business

models on solar and wind energy projects present in India and abroad. Scope of CRI also in-

cludes research on carbon recycling, drinking water grid, E-Bicycle and micro grid. Drinking

water grid project proposal is already submitted to the government of West Bengal.

7 Journal papers are under publication including 2 IEEE Transaction papers. 3 research pa-

pers are accepted in 2 IEEE International Conferences. They are members of a couple of Na-

tional and International Engineering and Management Bodies. They have participated in and

won energy management competitions organized by top B-Schools in India.

CENTRES OF EXCELLENCE AT NSB

Page 19: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

NSB Center for Energy Innovations

The NTPC School of Business launched the Center for Energy Innovations (CEI) with a

mission to discover, document and diffuse disruptive and discontinuous energy innova-

tions in India; to build an energy innovation lab and leverage them for policy advising,

and for collaborating with corporates, creators and community leaders.

The center envisions to be ―a game changer in active research, applied innovations and

in championing energy enthusiasts, thereby reinforcing NTPC School of Business as the

place for energy innovations and policy research‖.

Some of the activities of the centre includes setting up of innovation lab to inspire and

support discontinuities and disruptions, mentor energy innovators/ entrepreneurs ,

collect field data and publish case studies of innovations in the energy sector , fund cele-

brated innovators and policy enthusiasts as visiting scholars for collaborative re-

search and publications and so on

Centre for Energy Environment & Sustainable

Development

The Centre for Energy Environment & Sustainable Development of NSB recognizes the val-

ue of integrated mitigation and adaptation approaches guided by principles and practice

of preventive management.

Some of the important thrust areas, the Centre will focus on are cleaner production, waste

minimization, eco-industrial development multilateral environmental agreements, energy

efficiency enhancement, emission reduction, and waste mining.

Important cross-cutting thrusts include ecosystem services and the ramifications of poli-

cies and plans that serve developmental agendas across national, regional and global

landscapes.

CENTRES OF EXCELLENCE AT NSB

Page 20: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

Author(s) (Year) Title of the paper Journal Name (Database)

Agrawal, A., & Tripathi, G.

C. (2019)

Amendments in Electricity Act 2003: Where the Gap Lies?

Energy Policy

Tripathi, G. C. (2019) Economic, environmental and

congestion impact on the life-

cycle cost of ownership: a case

study in the Delhi transit bus

system

International Journal of Electric

and Hybrid Vehicles

Rai, A. (2018) Differential relationship of chal-

lenge and hindrance demands

with employee engagement: The

moderating effect of job re-

sources

International Journal of Sociology

and Social Policy

Kumar, R. (2019) Sustainable dynamic cellular

facility layout: a solution ap-

proach using simulated anneal-

ing-based meta-heuristic

Annals of Operations Research

Patyal, V. S. (2019) Organizational Culture and

TQM Practices implementation

in Indian Construction Industry

International Journal of Productivi-

ty and Performance Management

Agrawal, A.(2018) Indian Renewable Energy Act

2015 A Step Towards Reducing

Carbon Footprint

Indian Journal of Power & River

Valley Development

Thakur, S.J., & Rai, A.

(2019)

Talent: Critical or Toxic: Anson

Roy at Big Returns

The case center

Agrawal, A. (2019) 100% Rural Electrification in

India: Myth or Reality?

Energy Environment

& Globalisation (Springer)

Agarwal, Mohan,. (2019) “World‟s First- The UAE Minis-

try of Possibilities”

AIMS Journal of Management, Vol.

5(1), July- Dec. 2019, Pp. 88-95,

ISSN 2395-6582, J Gate Indexed.

FACULTY RESEARCH PUBLICATIONS

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―We don‘t know where

electricity or transport

ends and information

technology begins, and

what the center is, and

what is the periphery.‖

―The responsibility for

all of us is great too -

either we get energy

right, or the planet be-

comes uninhabitable

for humans‖

FACULTY THOUGHTS

Energy Transformation & Entrepreneurship

Can energy generation and distribution ever be ethical? Can de-velopmental practices, in general ever be ethical?

Yes, so long as what we do is in accord with nature. There is often talk of

“dominating” nature or “mastery” over nature. That‟s absurd. Anything we do

to nature, we do to ourselves. Joseph Campbell, mythology scholar, once said,

“Every action you take, is good for some, and not good for some.” So we listen

attentively to nature and act. Dag Hammarskjold in his Markings says, “Not

to encumber the earth.” I like that very much. Does use of plastics encumber

the earth? Does burning fossil fuels encumber the earth? Joanne Chory, Salk

Institute, says, “We’re throwing the carbon cycle out of balance by creating

an extra 37 gigatons of carbon dioxide every year. Our ecosystem can natu-

rally take up 17 gigatons of that carbon dioxide in the soil and the ocean. But

the other 20 gigatons is what’s been heating up the atmosphere and wreak-

ing havoc with our weather systems.” We are clearly burdening Earth.

With rising population and increasing demand, is coal energy a dying industry or maturing industry(new inventions or technolo-gies)? Why? I personally think coal based electricity is dying, and we need suitable alter-

natives fast that supply 24*7 power. True, the electricity industry today, after

over a hundred years stability, is in the midst of major technological advance.

But those advances are appearing from outside the coal realm - solar, batter-

ies, fuel cells, genetics - and thus coal-based power is Humpty Dumpty. Post

burning carbon sequestration is not going to happen economically, even if it

is technically feasible. We don‟t know where electricity or transport ends and

information technology begins, and what the center is, and what is the pe-

riphery.

Comment on current scenario of entrepreneurial entry into ener-gy The economist Schumpeter in his Capitalism, Socialism, and Democracy

said that at the start of a new “S” curve of industrial advance, innovations

cluster together. As a result, we have the birth of entrepreneurial firms. Not

all of them survive. Some merge with others. But regardless, the new industry

advances rapidly. In the energy field, we are in the midst of such a clustering

of innovations. I cannot think of a better time to be in the energy industry.

The responsibility for all of us is great too - either we get energy right, or the

planet becomes uninhabitable for humans, and grandchildren become an en-

dangered species.

Prof. Mahesh Bhave

NTPC School of

Business

References

https://foreignpolicy.com/2019/07/20/can-supercharged-plants-solve-the-climate-crisis/.

https://www.amazon.in/Power-Myth-Joseph-Campbell-ebook//

Page 22: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

“Effectiveness of a team

largely depends on the

ability to clearly com-

municate the ideas,

timely resolution of the

conflicts among team

members, listening to

peers, reliability to

stick to deadlines and

timely completion of the

assigned tasks and trust

and respectfulness for

each other.‖

FACULTY THOUGHTS

A team is a group of individuals who may have varied interests and capa-

bilities, working together to accomplish a common goal. However, a group

does not necessarily constitute a team, for a team requires its members to

have complementary skills wherein a sense of mutual commitment, com-

mitted effort and respect drives the common organizational goal. Team

effectiveness is a vital cog in the success of any organization. An effective

team can truly make an organization realize its vision and stay afloat in

turbulent times. Effectiveness of a team largely depends on the ability to

clearly communicate the ideas, timely resolution of the conflicts among

team members, listening to peers, reliability to stick to deadlines and time-

ly completion of the assigned tasks and trust and respectfulness for each

other.

All these can be realized only if the team has a strong leader who has the

ability to foster camaraderie and inculcate a sense of cohesiveness among

the team members. In the absence of a prudent leader, a team is relegated

to being just a group of individuals which is a waste of time, money and

human resources. There are numerous examples emphasizing the im-

portance of effective teams. Tech giant Apple‟s founder Steve Jobs had fa-

mously said “…technology alone is not enough” .What he essentially insist-

ed on was the need for individuals firm disparate fields to work in consili-

ence. Yet another tech major Google lays great emphasis on finding the

perfect mix of individuals necessary to form a stellar team. In 2012 Google

ran a project worth millions of dollars, known as Project Aristotle, named

after the famous Greek philosopher who believed in the philosophy “the

whole is greater than the sum of its parts”. The findings of this project re-

vealed that in the best teams, members show sensitivity, and most im-

portantly, listen to one another. No doubt then, that such emphasis on

building effective teams has catapulted Google among the world‟s 5 most

valuable firms. Business world is replete with innumerable examples of

such kind which bring out the need and role of effective teams in building

a successful organization.

In conclusion, team effectiveness has a great role to play in the long term

success of an organization and it can be achieved only when individuals

are ready to work in harmony, keeping individual differences at bay.

Team Effectiveness

Prof. Ravi Kumar (Operations)

NTPC School of

Business

Page 23: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

When I think of Team-Effectiveness; following words strike my mind…..

The six most important words: “I admit I made a mistake.”

The five most beautiful words: “You did a good job.”

The four most beautiful words: “What is YOUR opinion?”

The three most beautiful words: “If you please!”

The two most beautiful words: “Thank you!”

The one most important word: “WE”

And at last the least important word “I”

Thus, this is the essence of team work and proves to be effective

each time, every time.

CREATIVITY

―The one most

important word:

―WE‖

And at last the

least important

word ―I‖

Thus, this is the es-

sence of team work

and proves to be ef-

fective each time, eve-

ry time.‖

Tushar Srivastava

PGDM– EM Batch 1

Every person is different and yet similar in so many ways, because we somehow go

through the same thing and yet we handle it in our own way which ultimately shapes

our personality.

However the real magic happens when we step outside our comfort zone and work

with those with whom we do not draw much similarity. To ensure a smooth function-

ing team, we must ensure that its entities are well balanced and complement each

other.

The secret of performing effectively together as a team is realizing the fact that,

“EVERYTHING in this universe sums up to ZERO”.

A strong compound is a combination of DIFFERENT elements put together in the

RIGHT PROPORTION.

A RIGHT COMPOSITION of people blended with a catalyst of Self Awareness will form a perfect CHEMISTRY

Pratik Akre

PGDM EM Batch 1

Team Effectiveness

―EVERY-

THING in this

universe

sums up to

ZERO‖

―People

blended with

a catalyst of

Self Aware-

ness will form

a perfect

CHEMISTRY‖

Team Effectiveness

Page 24: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

CREATIVITY

The cupidity of the

dominant species has

always become the

nemesis of planet-wide

holocausts

While ―tragedy of

commons‖ is our

burning topic, our ac-

tions

replicate ―comedy of

errors‖.

IS GRANDCHILD an ENDANGERED SPECIES?

The obstreperous harness of resources of the planet Krypton by the inhab-

itants heralded its obliteration. The escapists took refuge to planet Earth

– a fictitious concept on which the Superman and Supergirl movies are

based. The cupidity of the dominant species has always become the neme-

sis of planet-wide holocausts.

Since colonizing mars mission is nothing ahead of a toddler, we aren‟t

equipped well enough as to alienate ourselves into another planet, which

truncates our chances of deliverance.

One of the most pronounced of the lot, the end-Triassic extinction, also

called Triassic-Jurassic extinction, amidst various effects also resulted in

a multiplicity of giant reptiles. The global extinction event occurring at the

end of the Triassic Period (250 million to 200 million years ago) that en-

gendered the decimation of around 75 per cent of all marine and sublu-

nary species and about 20 per cent of all taxonomic families.

Although debatable, in a deeper study, many experts analysing the geology of the Jurassic period, reasoned that

gradual climate change, sea-level fluctuations, or a pulse of oceanic acidification during the late Triassic may have

reached a tipping point. There are although a plethora of angles that tried to throw light to explain the extinction,

all sources eventually converged to the fact that the end Triassic extinction was initially pigeonholed to gradually

changing environments.

The world is yet to clarify its stand to take precautionary actions to safeguard the future of the planet. Instead,

global leaders are being close-fisted only about the benefits at the national level. The need, to seek clarity of the

terminologies used to define precautionary principles versus preventive principles arise out of this parsimonious

attitude, thereby obfuscating the rights involved.

The tempestuous ransack of natural resources aided by cantankerous approach towards environment protection

might tailwind another mass eradication. The Intergovernmental Panel for Climate Change (IPCC) reportedly

blamed anthropogenic emissions as the major cause behind climate change.

Human-induced climate change has posed the greatest threat

of the twenty-first century. Such interactions finally turn out

to be buffoonery farces only.

While “tragedy of commons” is our burning topic, our actions

replicate “comedy of errors”.

Aranya Kundu

PGDM - EM Batch 1

Page 25: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

CREATIVITY

Campus life and facilities provided by NTPC School of Business are at par with the top B-Schools in India and

abroad. NSB has its own actively functioning student council teams. A brief overview about them is as follows.

Centre for Research and Innovation is currently working on drinking water grid and E-Bicycle. Water grid feasi-

bility report is submitted to the Govt. of West Bengal. 7 Journal papers are under publication. Center for Incuba-

tion and Entrepreneurship aims to promote the entrepreneurship culture on the energy domain. Recently CIE has

conducted India's first CleanTech focused Town hall Series- Greentrepreneurs. Placement team consists of highly

motivated and smart working council members. They have successfully conducted HR conclaves which will

definitely play a crucial role in the placement.

Social Responsibility Council help students to become more humble and contribute to our society. Recently they

have successfully conducted one blood donation camp at the NSB Campus. Institute has very dynamic events

committee. They have successfully organized events like teachers day, fresher's Day event Parichay. Being

the student of the first batch it was always challenging to conduct these kind of events but they did it excep-

tionally well. Sports are in the blood of NSB. Institute has a very dynamic sports committee. Recently they have

conducted one Intra College Badminton Competition “FireBird” in which both the senior as junior batch has

participated. Institute has student welfare team. This team consists of some of the highly expert coun-

cil members who 24*7 helps students for welfare related issues.

There is a perfect balance of body, mind, and soul at NSB. This institute plays a

very crucial role in its student‟s life by letting them grow and cherish

throughout their life.

The Cabinet decision on last month to set up the International Coalition for Disaster Resilient Infrastructure

is yet another leadership effort by India towards tackling climate and other environmental crises confronting

the world. This will be a concrete commitment that India will make at the UN General Secretary‟s Climate

Action Summit this month. As per the latest data released by World bank, infrastructure sector will receive

nearly 94 trillion dollar investment worldwide in nest twenty years. Now the countries has to develop its in-

frastructure in such a way that ensures minimum contribution to the planetary overheating. Countries also

has to ensure the current ongoing infrastructural developments which are not reversible now does not im-

pact much on climate change.

The infrastructure has to withstand the adverse weather conditions like floods, rise of sea levels, degradation

of land and forest and the intensity of all these adverse effects will rise proportionally with the planetary

overheating. International Coalition for Disaster Resilient Infrastructure provides a platform to bring the

new ideas and knowledge for managing the disaster due to climate change and also this provides a platform

to implement those ideas.

As the nature of this climate change is dynamic and non uniform, this is the responsibility of all the countries

to stand beside each other for work together through the knowledge sharing platform. This will help the

countries to upgrade their skills and capabilities on handling the adverse effect climate change.

Commendable Initiative on Climate Resilience by Govt. of India

Student council at NSB

Tanmoy Chatterjee

PGDM - EM Batch 1

Page 26: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

“Internship in PFC was a great learning curve for me. It

helped me apply the concepts I learnt to real world sce-

nario. The internship helped me expand my financial con-

cepts and learnings”

Amit Dayal

Power Finance

Corporation

(Project Ap-

praisal)

“I feel summer training lets you explore the real life challenges

that you learn during your MBA programme. I had multiple

opportunities to interact and connect with other industry

practitioners in this domain, which helped in getting good clarity

about the organization and the type of work and projects it deals

in.”

Pritha Karforma

NTPC Limited

(Int‘l Business

Development)

“ I felt extremely privileged to have worked in Market op-

erations department in IEX. I came to appreciate the in-

tricacies in market operations and I’m extremely grateful

towards Mr. Akhilesh Awasthy, ex-Director -Market Op-

erations”.

INTERNSHIP BYTES

Desh Deepak

IEX

(Market Opera-

tions)

“I got various opportunities to apply my theoretical knowledge gained during my Master's in Business Administration in En-ergy Management to real world problems and gain valuable

industry experience. I feel very confident and motivated to ap-ply the skills I have acquired during my MBA programme and the enriching internship experience at “Acme Solar” to solving challenging real-world problems”..

Harshul

Kanwar

ACME Solar

(HR Depart-

ment)

Page 27: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

―The synergistic val-

ue of teamwork‖ and

―the crucial role the

manager plays‖.

‗Like it is said, the

most neglected word

or letter whilst in a

team is ―I‖.‘

The book “There‟s no I in Team” published by Apex leadership,

Anthony Sturgess and Phil Higson being the founders. Anthony

Sturgess has almost 20 years of experience in teaching,

facilitation and coaching of managers meanwhile Phil Higson is

a published author and active researcher with over 25 years of

experience in business and management education as a lectur-

er, developer and consultant.

This book gives a very precise view on teamwork and its relative

importance in any organization. Interesting fact about the book

lies in the relative ease in which the practical aspects of team

and teamwork are explained. It explains to its readers, the

necessity of teamwork and how it helps the organization and its

employees. The value of teamwork as explained consists of two

different aspects namely “the synergistic value of teamwork”

and “the crucial role the manager plays”. A brief description of

the exercises, onto successfully build a team, was well written

and conversed. The book also explains the principles of

teamwork and attributes of a certain team coupled along with

challenges of being a team leader, the role a team leader has to

play in shaping up of a team and its people. The book ends up

with the important characteristics of and the skills one would

acquire while working within the team.

Like it is said, the most neglected word or letter whilst in a team

is “I”. On summing up, it is highly recommended to everyone to

have a glance at this book and be mesmerized by the value that

it brings to your table.

There‘s no ―I‖ in Team

BOOK REVIEW

Harigovind Revindran

PGDM –EM Batch 1

Dr. Reshmi Manna ( HR/

OB)

NTPC School of

Business

Team work— An Essential Life Skill

Page 28: Vol.1 Issue 1 October 2019 NTP SHOOL OF USINESS · thority: Saptarshi Roy,Director (HR) NTPC and Prof. Errol D'sou-za,Director IIM Ahmedabad (L-R) Signing Authority: Saptarshi Roy,

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