Power Sector Reforms
The Electricity Act, 2003 provides an enabling frame work for accelerated and more efficient development of the power sector in a professional and independent manner and mandates the restructuring of the existing system. The reforms are expected to result in availability of quality supply of electricity to consumers at affordable rates.
With the in-principle approval granted by the Government of Puducherry, the Electricity Department had started the reforms process in the right earnest. The consultant had submitted the roadmap for corporatization of the Electricity Department. The final report is now uploaded in this department's web site for suggestions / objections along with a public notice as below:
GOVERNMENT OF PUDUCHERRY
Puducherry dated 28.12.2011
WHEREAS, the Government of Puducherry has taken an in-principle decisions communicated vide G.O.Ms.No.31 dated 19.09.2008, to corporatize the Electricity Department of Puducherry in line with the requirements of the Electricity Act,2003.
WHEREAS, M/s KPMG Advisory Services Limited, Chennai were appointed as the consultants to draw up a roadmap for the Corporatization of the Department. The consulting firm has submitted the final report. The report has been placed before the Government for taking a final decision in the matter. under Section 86(2) of the Electricity Act, 2003.
AND WHEREAS the Hon'ble Commission has now directed the Department to publish the Final Report on the Roadmap to Corporatization in the Official web site of the Department, calling upon stakeholders to send in their suggestions/objections to the JERC. Accordingly, the final report has now been uploaded in the Official website of Department. The report contains
- PED-As is report
- PED-Entity Restructuring
- PED-Financial Restructuring Plans
- PED-Business Plans
- PED-Organization Structure.
- PED-Report on Corporate Governance.
- PED-Transfer Scheme.
- PED-Duties and Responsibilities (PESCO)
- PED-Duties and Responsibilities (PETCO)
- PED-Fixed Asset Register Formats.
- PED-Accounting Policy of PETCO &PESCO.
- PED-Terminal Benefits Trust.
- PED-Delegation of Powers.
NOW THEREFORE, it is requested that interested stakeholders may send in their valuable suggestions/objections directly to the Secretary, JERC, GURGOAN so as to reach the Commission on or before 15.01.2012.
|Address for communication||E mail||Phone||Tele Fax|
Joint Electricity Regulatory Commission
(For the State of Goa and Union Territories)
"Vanijya Nikunj" 2nd Floor, Udyog Vihar, Phase V
GURGOAN - 122016