Excelsior Correspondent
JAMMU, Apr 21: The Jammu and Kashmir Electrical Engineering Graduates Association (JKEEGA) has urged the Lt Governor Manoj Sinha and Principal secretary Power Development Department to restore position of the Joint Managing Director (JMD) CVPPL to JKPDD nominee.
In a meeting of the Association held under chairmanship of Sachin Tickoo, general secretary along with Ashok Kumar Dubey, vice-president, MP Singh , Provincial secretary, Rajeshwar Jamwal, Provincial publicity secretary, Yash Paul, organizing secretary, Parshotam Sharma and Vipul Sharma treasurers today the members expressed resentment over violation of the Promoters Agreement Dated- Dec 10, 2010, defining incorporation of Chenab Valley Power Projects (P)Ltd. signed between four parties namely -Government of Jammu and Kashmir Power Development Department, JK State Power Development Corporation, NHPC and PTC.
Tickoo drew attention to the Section 5, Clause 5.3 (b) of the Promoters Agreement which read as- ‘The Chairman of the Board shall be Non-Executive professional who shall be appointed by JKSPDC in consultation with NHPC. The posts of Managing Director CVPPL and Joint Managing Director shall be held by nominees of NHPC and JKPDD/JKSPDC, respectively.’
The essence of such agreement clause was to ensure equitable sharing of responsibility in decision making and promoting the Technical expertise of the top engineers of the JK Power Development department in Power Projects. However, the complete management and administrative control has been usurped by NHPC Ltd despite the fact that 49 percent shareholding of CVPPL is held by GOJK through JKPDD. The position of JMD, CVPPL to be manned by a representative of GOJK PDD is lying vacant since inception, compromising the interests of the J&K Government.
As per Section 9, Clause 9.12(a), (b) of the Promoters Agreement, CVPPL which stipulated that – 80 percent of the Group C and D staff in the company shall be permanent residents of Jammu Kashmir Subject to suitability, availability and eligibility and a minimum of 49 percent of the Group A and B staff in the company shall be Permanent residents of Jammu Kashmir. The requirement in these categories shall be met out either by way of deputation from NHPC, JKSPDC/PDD or through recruitment by the company. Section 9 Clauses 9.12(a) and 9.12 (b) have been violated to conveniently open up avenues for the rehabilitation of NHPC employees, depriving the skilled manpower from J&K an opportunity to work on deputation in CVPPL.
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