Public Sector Units (PSUs) like ONGC, SAIL and IOC will be among the seven state-owned units to be conferred the SCOPE Meritorious Awards 2011-12 next month.
Standing Conference of Public Enterprises (SCOPE), which is an apex body of PSUs, today announced the names of awardees of ‘SCOPE Meritorious Awards’ in specialised fields.
“These awards, which are highly prestigious in areas of economy and other segments like corporate governance, would be distributed next month,” SCOPE Executive Director, U D Choubey said in a statement.
CPSEs, which would be awarded, have been selected for performing well in various fields like corporate governance, corporate social responsibility (CSR), environment and sustainable development, and human resource development (HRD).
Neyveli Lignite Corp Ltd would receive an award for environmental excellence and sustainable development, while Indian Oil Corporation would be awarded for corporate governance, SCOPE said.
Similarly, ONGC would be awarded for doing good job in the area of CSR and SAIL in HRD, it added.
Besides, SCOPE said, four PSUs — WAPCOS Ltd, Container Corp of India Ltd, Engineers India Ltd and Artificial Limbs Manufacturing Corporation of India — would receive commendation certificates for doing good work in the similar areas.