SRINAGAR: Kashmir Power Distribution Corporation Limited (KPDCL) is in the process of replacing all the worn-out LT/HT electric lines and wooden poles in the Kashmir division for which Rs 40 crores have been earmarked.
Further the fundamental set-up and logistics necessary for the running of the company has already been put in place in the shortest possible period of 6 months only.
This was stated by officials at the first Annual General Meeting (AGM) of Kashmir Power Distribution Corporation Limited. The AGM was chaired by Principal Secretary Power Development & Information Departments, Rohit Kansal.
The Principal Secretary commended the company for completing all the financial statements within the deadline. He asked the officers to make the company vibrant by incorporating a HR consultancy, IT consultancy, employees welfare and framing of recruitment rules besides other measures for the company.
The meeting was informed by MD KPDCL, Mohammad Aijaz Asad, Representative of Ministry of Power, GoI, Vishal Sharma, Special Secretary Finance, Shamim Ahmad Wani and representatives of many departments were present in the meeting.
The meeting was informed that after the unbundling of the department after November, 2019 the company has already held 2 Board of Directors meetings and an AGM.
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