CHENNAI: Chief Minister M Karunanidhi on Monday reiterated that the Tamil Nadu Electricity Board (TNEB) would not be privatised at any cost.
During the launch of the Tamil Nadu Transmission Corporation, one of the three companies into which TNEB is being split, at the Secretariat here, the Chief Minister told reporters, “Besides assurance on non-privatisation of these companies, I assure the TNEB staff that their promotions and every other benefits would stay as it was when they were with the TNEB.” As per the Electricity Act 2003, the State accorded in principle approval for the reorganisation of TNEB vide GO (Ms) No 114 Energy Dept, dated October 8, 2008.
Accordingly, TNEB will function as three government corporations, TNEB Ltd, Tamil Nadu Transmission Corporation and Tamil Nadu Generation and Distribution Corporation. The chairman of TNEB will head all the three companies.
According to official sources, necessary steps will be taken for the staff/officers of the three companies to exercise their option to join anyone of them. The officers and staff of all the three companies would continue to get the existing benefits.
One of the companies, the Tamil Nadu Transmission Corporation, has been registered on June 5, this year.
Besides three functional directors, the new company will be headed by TNEB chairman C P Singh. R Murugan, Chief Engineer (Operations) TNEB would be its new Managing Director.
The Tamil Nadu Transmission Corporation will establish and operate the power system network of all transmission lines and substations of 66 KV and above.
Further planning and coordination activities with regard to transmission, works connected with the transmission, scheduling and load dispatch functions in the State, will be handled by the company.
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