PSEB unbundled – Management bundled

Chandigarh: Punjab Government has decided to retain the present PSEB management intact in the new unbundled companies.

According to sources Punjab Government has buckled down to the pressure of present PSEB management and has amended the service conditions regarding age for the posts of Managing Directors and Directors of unbundled companies.

According to report of consultants the maximum qualifying age for the post of Director is 58 years and for CEO/Executive Director it is 60 years. There was much pressure on the Government to waive this condition
The memorandum submitted by the Chief Secretary regarding maximum qualifying age was in line with consultant report.

According to sources the age relaxation and other service conditions has been amended suitably to adjust the present incumbents . It may be mentioned that for services no where in country has the upper age limit beyond 60 years for any services.

The post of Director HRD in generation and distribution company is likely to be retained by present Administrative member although consultants had recommended MBA as minimum qualification for the post.

Managing Director of Generation and Distribution Company (Powercom) is likely to be an IAS officer. The other directors of the company will be Director Operation (Distribution), Director Material Procurement, Director Thermal generation, Director Hydro generation Director HRD, Director Finance (Distribution) and Director Finance (Generation).

The Transmission Company Transco to be headed by CEO will have Director Operation (Transmission) Director HRD and Director Finance and Accounts.

In the present PSEB setup HS Brar Chairman, GS Sra Member Generation and S C Sabharwal member Transmission have already crossed the age of 60 years. KD Chudhary Member Distribution has also crossed the age of 58 years.

A senior engineer said that he was expecting sweeping changes for the betterment of power sector but it seems nothing can change inthe present scenario. Even cosmetic changes have not been made.