Ranchi (JPN/Bureau): Slamming the Jharkhand State Electricity Board’s refusal for division of the Board, both High Court and Electricity Regulatory Commission have pointed out that this may put the future of the Board in danger.

The reconstitution of State Electricity Board has been in the pipeline for many years but has not materialised yet due to which developmental work is being hampered.

According to renewed energy policy, all State Electricity Boards are being divided into three companies namely generation, transmission and distribution. Until now, 14 states have adopted this policy. But, despite Centre’s pressure, Ranchi State Electricity Board has refused to act on the lines of the new policy.

State Electricity Regulatory Commission has strongly criticised the Board’s rejection of adopting to the Centre’s policy saying that either the Board should justify its stand by pleasing the public by its work or get ready to be closed down. During a hearing of petition filed by SN Mittal, High Court questioned the Boards functioning pointing out that the lack of electricity in Chatra court and the displeasure of the public.

The court further said that if the functioning of the Board continues in this manner, it will hand over the Boards management to a private company.

Following Centre’s order, 14 states have reconstituted their Electricity Board and seven of them have profited. In the financial year 2009-10, West Bengal’s profit was Rs 372 crore, Orissa’s profit Rs 755 crore, Gujarat’s profit Rs 102 crore, Andhra Pradesh’s profit Rs 341 crore, Karnataka’s profit Rs 301 crore and Maharashtra’s profit Rs 675 crore.

In the current financial year, Centre has allocated Rs 2100 crore for the division of Jharkhand State Electricity Board.

Power Finance Corporation has prepared a report for fragmentation of the Board. As this report was prepared before the recommendation of the Sixth Pay Commission, the Corporation has been asked to prepare a new report. If the Centre decides, all technical formalities can be complited within six months and the division will be easily possible.

A case has been filed by the co-ordination committee of Worker’s Union against the division policy in Supreme Court which is still on.

The workers have asked for security guarantee, ensuring facilities, division of GPF, payment of all arrears before the division of the Board.