Govt is likely to appoint two directors on Dabhol power
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Govt is likely to appoint two directors on Dabhol power
 

New Delhi : The government is likely to appoint two of its officials on the board of Ratnagiri Gas and Power Ltd, the firm that run the nation's largest gas-fired power plant, Dabhol.

The Ministry of Petroleum and Natural Gas and the Power Ministry are likely to nominate a bureaucrat each to the RGPPL board, an official said.

"At a recent review meeting, Oil Secretary S Sundareshan suggested that since majority of equity in RGPPL is being held by PSUs, there was a need to appoint government nominees on the company board. It was decided to appoint one nominee each from the MoPNG and Power Ministry on RGPPL's board," he said.

The move is akin to government appointing its officials on public sector companies where it holds majority stake.
Posted On : 31 Aug 10
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Govt is likely to appoint two directors on Dabhol power
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