Ambuja Cement Foundation, TSPL enter pact for Punjab self-help schemes

28 Jun 2021 CW Team

Talwandi Sabo Power (TSPL), a subsidiary of Vedanta Limited, has signed a memorandum of understanding (MoU) with Ambuja Cement Foundation.

The partnership plans to promote 200 self-help groups in Punjab's Mansa district. The focus of the groups will be on women's empowerment. It will establish at least three independent enterprises to address community problems in the district, according to the memorandum of understanding (MoU).

As the major focus is on women, gender, and livelihoods, the new partnership with TSPL will further support us to drive impactful initiatives under the women empowerment programme and enhance the already existing programmes in Punjab, said managing director and chief executive officer Pearl Tiwari.

Ambuja Cement Foundation is a pan-India grassroots implementation organisation that harnesses the power of partnerships – between communities, the government, and other like-minded corporations and non-governmental organisations – to help solve pressing community problems and foster prosperity.

Punjab State Electricity Board (PSEB) established Talwandi Sabo Power Limited (TSPL) as a special purpose vehicle (SPV) to construct a 1,980 MW thermal power plant in Village Banawala, Punjab.

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Also read: ACC and Ambuja’s arm Geocycle India has planned to clean Jojari river

Also read: Ambuja Cement, first to introduce green fuel on captive ships

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