Meghalaya govt wants six more months to corporatise MeSEB

Shillong, Dec 7 (UNI) The Meghalaya government has asked the Centre for another six months' time for completing the corporatisation process of the Meghalaya State Electricity Board (MeSEB).

The period of time earlier extended for the task ends on December 9.

''We have sought an extension of another six months, since we have to incorporate views of the public and stakeholders on matters related to corporatisation of the MeSEB,'' state Principal (Power) B K Deb Varma said.

Mr Varma said stakeholders' views on issues, including service conditions, pensions, designation and investment, should be considered before having a new power entity.

Relevant views from the public and stakeholders will be examined and a report placed before the state Cabinet for its final decision, he said.

On the financial aspect of the new power entity, Mr Varma said the corporatised body would require Rs 1,700 crore to function, which the state government would not be able to provide, and the Centre or financial institutions would be approached for assistance.

UNI