The Ministry of Energy has resolved to dissolve the boards of directors of the country’s electricity distribution businesses.
According to ministry sources, the Ministry of Energy decided to disband the boards of directors of electricity distribution firms around the country because the majority of the board members have non-technical backgrounds or political links.
The decision to abolish the existing boards comes in the middle of ongoing energy sector reform efforts.
According to sources, the National Transmission and Dispatch Company (NTDC) will also see the formation of new boards, prompting the energy ministry to appoint new board members with strong technical qualifications but no political affiliations.
It has also been revealed that present board members get paid Rs 60,000 a day for their participation in meetings, and the decision to discontinue this practise has purportedly been made.
The newly appointed board members of the firms will serve on an honorary basis, according to the Energy Ministry.
