Monday, February 8th, 2010

PSEB unbundling: State asks for 10th extension

E-B-10The Punjab Government today asked for a record 10th extension for the unbundling of the PSEB even as it has finally cleared the way for the unbundling of the state electricity utility which may be done shortly. The current extension to put off the unbundling of the board by the Union Ministry of Power will expire on February 15. Chief Minister Parkash Singh Badal has accordingly in a letter to Power Minister Sushil Kumar Shinde requested that this deadline be extended till June 15 this year. The Chief Minister in his letter claimed that the state had already initiated the process of consultation with stakeholders to evolve a consensus on the restructuring of the PSEB and to prepare a road map for the same. Badal said the government needed more time to complete this process and appealed that the PSEB should be allowed to continue as a state transmission utility and a licensee till June 15. The letter comes close on the heels of a strike call given by various unions of the PSEB and is being seen as a move to placate them as well as involve them in talks. The unions were also sent a fax copy of the extension request today. Even as the government is trying for a consensus on the issue, sources said the next extension may be for a very short period only as the state is finally serious about the unbundling of the board as keeping it afloat in its present form has become unviable. The sources said the government was seriously considering trifurcating the board into separate units consisting of generation, distribution and transmission firms. An expert group has suggested this……

….more

Share This Post

Topics: News | Comments RSS

Leave a Reply

Anti-Spam Protection by WP-SpamFree