New Delhi: Country's largest power producer NTPC, which has embarked on ambitious capacity addition plans, is looking to boost its manpower productivity by reducing the number of employees required to generate each MW of power.
The company has a workforce of about 26,000 people and an installed power generation capacity of 39,174 MW.
The state-run major is aiming to bring down the Man-to- MW (megawatt) ratio -- that indicates efficiency of its workforce -- to as low as 0.3 or 0.4 in the coming years, according to a senior company official.
Presently, Man-to-MW ratio is around 0.7.
"The current ratio is really good but we are looking to achieve 0.3 or 0.4, which is the international standard," the official told PTI.
"At the same time, we also have to ensure that the pool of people for future leadership is not affected," he added.
Man-to-MW is a key indicator to assess the efficiency of workforce in the power sector. Generally, six to eight people are required in setting up one MW generation capacity.
On an average, the company hires about 400 executive trainees spread across engineering, finance and human resource areas.
In 2011-12, NTPC's overall Man-to-MW ratio, excluding JV/subsidiary capacity, stood at 0.74.
Since 2006-07 fiscal -- when it stood at 0.91 percent, the company's Man-to-MW ratio has been on the decline.
The ratio stood at 0.87 in the next financial year, followed by 0.85 in 2008-09. Further, it fell to 0.82 in 2009-10 and then to 0.77 in 2010-11.
During the period from 2006-07 till last fiscal, the generation of electricity per employee has been on the rise. The figure touched 9.25 million units in the last financial year as compared to 7.99 million units in 2006-07.
The power generator's employee strength, including those at subsidiaries and joint ventures, stood at 25,511 people at the end of March 31, 2012.
According to the official, addition of employees would not be on a "pro-rata basis" with capacity expansion plans.
NTPC expects to add 14,038 MW in the 12th Five-Year Plan (2012-17) and out of that total, 4,160 MW is to come up in the current fiscal.
The official said attrition rate in the company is very low at around one percent.
Going by the company's 2011-12 annual report, the attrition rate of NTPC executives -- including executive trainees and those posted in subsidiaries and joint ventures -- was 1.17 percent.