Tuesday, Jun 07, 2005
Tuesday, Jun 07, 2005 |
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Advts: Classifieds | Employment | Tamil Nadu
T. Ramakrishnan
CHENNAI: The Centre on Monday turned down the State Government's request for extending the deadline for unbundling of the Tamil Nadu Electricity Board (TNEB) by one more year. "I have just signed an order, giving an extension for six more months," P.M. Sayeed, Union Power Minister, told The Hindu over phone from New Delhi this evening. The period of extension would begin on June 10 and go up to December 9. Mr. Sayeed said the Centre had given the nod to the States that had approached it for extension. "This has been done subject to the adherence of the States concerned to restructure their SEBs (State Electricity Boards)." Quoting from an official note on the discussion held by State Energy Secretary R. Satapathy with Union Power Ministry's Additional Secretary Ajay Shankar in New Delhi on June 3, Mr. Sayeed said the State Secretary had, at the meeting, expressed the State Government's "commitment" to implementing the legal provisions. He informed the Centre that CRISIL, a rating and policy advisory agency, had been engaged as consultant to suggest a model for restructuring the SEB and that it had already given its preliminary report. The final report was expected by yearend. The State Government was also holding negotiations with unions on various issues related to pay, pension and seniority in the matter of re-organisation. According to the Electricity Act of 2003, TNEB or any SEBs cannot perform all the functions of generation, transmission and distribution, because the agency, engaged in transmission, is barred from trading in electricity. The Act itself originally prescribed one-year period for transition. But on the request of several States, including Tamil Nadu, the Central Government extended the deadline by one more year, when the period expired on June 9, 2004. Official sources here said that one of the reasons for the request for extension was to enable them to study further the experiences of the States that had unbundled their SEBs in recent years.
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