National Thermal Power Corporation (NTPC) has partnered with Indian Institute of Management, Ahmedabad (IIM-A), to train management professionals for a niche area like energy through a specialised course.
“The energy sector is going through a lot of transformation and is also crucial for the growth of the economy. To play that role in an effective manner, we need leaders who can drive the sector so that’s why we decided to come up with this course,” said NTPC Ltd Director (Human Resources) Saptarshi Roy.
The partnership between NTPC and IIM-A will come into effect from June for next five years.
Two-year PG Diploma in Management by NTPC School of Business (NSB) will enroll 120 students. The business school will also be supported for the next five years to the extent of Rs 25 crore in order to help the institute become fully functional.
“The role of IIM-A will be to help NSB in conducting and designing this program with their faculty. It will also help in recruiting faculty as well as staff,” said Sunil Kumar Maheshwari, Professor HRM and Strategic Management, IIM- A.
Under the collaboration, IIM-A will use its expertise in management education to support the institute by developing the course and providing guidance in doing research in the energy sector. The premier management institute will also review the programme to strengthen the institute by providing training, Maheshwari added.
Overall fee of the course is expected to be around Rs 15-16 lakh. Initially, faculties from IIM-A will train the students at the business school.