Modi govt okays pay scale regularisation of hydro CPSEs

Around 5,254 executives of hydro PSUs enrolled before January 1, 2007 will be benefited by the move

GN Bureau | January 18, 2019


#PM Modi   #Modi government   #NHPC   #NEEPCO   #Hydro CPSEs   #PSU   #centre  

The centre has given the green signal for regularisation of pay scales of board level executives in National Hydroelectric Power Corporation Ltd (NHPC), North East Electric Power Corporation (NEEPCO), THDC India Ltd. (formerly Tehri Hydro Development Corporation Ltd.) and Satluj Jal Vidhyut Nigam Ltd. (SJVN).

 
After the approval, the pay scales adopted by Hydro CPSEs consequent upon the ministry of power’s order of April 4, 2006 and September, 1, 2006 shall be regularised. 
 
A PIB release says that around 5,254 executives of hydro PSUs enrolled before January 1, 2007 will be benefitted by this decision. 
 
The centre will have to bear the total expenditure of Rs 323 crore for the pay scale regularisation.

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