KSEBOA - KSEB Officers' Association

Wednesday
Jun 28th
Text size
  • Increase font size
  • Default font size
  • Decrease font size
Home News Power Sector News 53 year old TNEB to be trifurcated wef 2010 November 1

53 year old TNEB to be trifurcated wef 2010 November 1

PDF
Hits smaller text tool iconmedium text tool iconlarger text tool icon
TNEBAfter dozens of extensions in the past three years, the half century old Tamil Nadu Electricity Board (TNEB) will formally be split into three Companies on 2010 November 1. On this day, the transfer of assets and personnel of the TNEB to TNEB Limited, Tamil Nadu Transmission Corporation (TANTRANSCO) and Tamil Nadu Generation and Distribution Corporation (TANGEDCO) will take place.

Consumers will in no way be affected by the trifurcation. "Everything will be the same for the consumer except that the bills will now be issued by TANGEDCO. On the whole, the efficiency of transmission, distribution and generation will improve as each new department will be allocated their own funds," said TNEB chairman C P Singh.

However, the government has given the TNEB three years' time for transfer of employees transfer and one year time for the financial transfer. As per the provisional balance sheet as on March 31, 2009 prepared by the TNEB, the net loss for the board was Rs 3,000 crore. This will be transferred to the three companies.

"We have been given one year's time to prepare the balance sheet for the remaining months till date. There are around 83,000 employees with the board and a majority will go to TANGEDCO and nearly 12,000 will be sent to TANTRANSCO on deputation till the final transfer takes place," said a TNEB official.

The state government had decided to unbundle the TNEB into three entities in October 2008 as per the Electricity Act 2003. TANTRANSCO was registered in June 2009 and inaugurated by chief minister M Karunanidhi in December 2009. The other two companies were registered soon after the registration of TANTRANSCO.

Source- Times of India

 

Add comment


Security code
Refresh

Random Videos

You need Flash player 6+ and JavaScript enabled to view this video.
Title: Power Quiz 2015 Final - Part-1

Latest Comments

Banner

Reference Book

 

Reference Book on Power

Electrical Engineering-- D' 1/4 Size Hard bound-- 1424 Pages-- Just Rs.1000/- only &n...

Visitors Counter

mod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_counter
mod_vvisit_counterToday3073
mod_vvisit_counterYesterday5106
mod_vvisit_counterThis Month140081
mod_vvisit_counterLast Month149108

Online Visitors: 85
IP: 54.80.93.234
,
Time: 12 : 31 : 00