Source:
Imphal, February 01 2014 : The State Ele-ctricity Department has been officially bifurcated and corpo-ratized into two State owned functional independent companies with effect from today.
Manipur State Power Company Limited (MSPCL) would look after functions of transmission and generation while Manipur State Power Distribution Company Limited (MSPDCL) would han- dle power distribution.
Whe-reas erstwhile Chief Engineer (Power) N Sarat has been made Managing Director (MD) of MSPCL, IAS R Su-dhan will MD of MSPDCL.
A meeting of the board of directors of the two new companies was held today with Chief Secretary PC Lawm-kunga in the chair.
Delegation of power, organisational structure and transfer and posting of employees were the main agenda of the meeting.
Notably, it was Chief Minister O Ibobi who soon after taking charge of Electricity Department initiated due process to convert the same into a corporation.
for-mer Chief Secretary Jarnail Singh was appointed advisor to the CM while SBI Cap was hired as consultant.
via NorthEast Calling - NorthEast India's No1 Website http://ift.tt/1fKWShL
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