In this Policy, unless the context otherwise requires:
Words and expressions used in this CSR Policy and not defined herein but defined in the Act shall have the meaning respectively assigned to them in the Act.
The Company shall give preference to the local area and areas around it where it operates, for spending the amount earmarked for Corporate Social Responsibility activities.
The Company will conduct CSR activities preferably in and around the area of its operations presently being Dahej, in Gujarat. However, the Board/Committee may identify such other areas in addition to the above, as it may deem fit, for undertaking CSR activities. OPaL shall take into account the following broad principles while undertaking any CSR activity:
A copy of the relevant documents in support of the above has to be submitted to OPaL either with the proposal or on approval of the project.
Company Secretary shall act as convener of the CSR Sub-Committee.