Psu
NTPC to appoint professional CEO for distribution business
New Delhi: NTPC has started scouting for a professional CEO to oversee its power distribution business where the company plans a big foray. It has issued advertisements in media for the appointment of a CEO asking qualified professionals to apply for the position that will offer best in the industry pay and allowances and provide opportunity to deserving candidates to run the distribution operations of the conglomerate for a fixed tenure of three years.
The NTPC has plans to expand its distribution business taking advantage of the recent government announcement to privatise such operations in the union territories while asking state governments to also pursue the reform initiatives to strengthen the power sector.
The company formed NTPC Electric Supply Company Ltd. (NESCL) in 2002 for making a foray into the business of distribution and supply of electrical power, as a sequel to the reforms initiated in the power sector. The company was also mandated to take up consultancy and other assignments in the area of the Electrical Distribution Management System.
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