PSPCL, PSTCL new short names of electricity firms
Umesh Dewan
Tribune News Service

Patiala, August 9
The senior authorities of the Punjab State Power Corporation Limited and Punjab State Transmission Corporation Limited have issued instructions to employees/ officers of their respective corporation not to use the term Powercom and Transco in future.

A communication in this regard mentioned that the short name of Powercom for Punjab State Power Corporation Limited was not correct as per the provisions of Section 147 of the Companies Act-1956. “As per the Act requirement, publication of the name means the name with which the Company has been registered with the Registrar of the Companies,” the letter reads.

Notably, after the unbundling of the Punjab State Electricity Board (PSEB) in April this year, two companies — a Power Company (Powercom) to manage generation and distribution and another Transmission Company (Transco) to manage transmission functions were created. Since then, the short names of Powercom and Transco were being used in all official communications of the two companies.

However, recently, when it came to the notice of the higher authorities of both the companies that the short name of the Powercom and Transco are not correct as per the provisions of the Companies Act 1956, necessary instructions were issued to the entire staff to use the full name of the companies.

The instructions, a copy of which is with The Tribune, further reads, “If at all, use of the short name is required, for want of space or to avoid repetition in the documentary process, the term PSPCL can be used.”

Likewise, similar instructions have been issued to the staff of the Punjab State Transmission Corporation Limited. Now, instead of the short name Transco, the company name would be referred to as PSTCL in short.