🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

NHPC partners with Balmer Lawrie for employee travel benefits

EditorFrank DeMatteo
Published 2024-05-30, 07:44 a/m
NHPC
-

FARIDABAD - NHPC Limited, India's premier hydropower company, has signed a Memorandum of Understanding (MOU) with Balmer Lawrie & Co. Ltd., a diversified conglomerate with businesses in manufacturing and services sectors, to provide travel facilities to its employees. The agreement, finalized on Tuesday, will enable both serving and retired NHPC employees and their families to use the Corporate Plan offered by Balmer Lawrie for domestic travel bookings via the Standard Self Booking (NASDAQ:BKNG) Tool (SSBT) App.

The signing event took place at the NHPC Corporate Office in Faridabad, with notable attendees including Shri Uttam Lal, Director (Personnel) of NHPC, and Shri R.P. Sharma, Executive Director (EMS). Senior officers from both NHPC and Balmer Lawrie were present to witness the formalization of the partnership. The MOU was signed by Shri D.K. Gautam, General Manager (HR) of NHPC, and Shri Ashok K Gupta, Chief Operating Officer of Balmer Lawrie & Co. Ltd.

This strategic collaboration is part of NHPC's continued efforts to enhance the welfare of its workforce. By leveraging Balmer Lawrie's expertise in travel and ticketing services, NHPC aims to provide a streamlined and cost-effective way for employees to plan their domestic travels. The SSBT App, which is at the center of this initiative, is expected to offer a user-friendly platform for booking tickets, making the process more accessible for NHPC's employees.

The MOU signifies a mutual commitment to support the well-being of employees by simplifying the travel booking process, a move that could potentially improve job satisfaction and employee retention. While the financial terms of the MOU were not disclosed, the agreement is seen as a positive step towards fostering a supportive work environment for NHPC's personnel.

The information in this article is based on a press release statement from NHPC Limited.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.