HUMAN CAPITAL CHALLENGES IN THE TAMILNADU ELECTRICITY BOARD LTD., UNDER THE CONTEXT OF ELECTRICITY ACT, 2003

C. Veeramani; R. Chandrasekaran

Volume : V, Issue : IV, April - 2016

HUMAN CAPITAL CHALLENGES IN THE TAMILNADU ELECTRICITY BOARD LTD., UNDER THE CONTEXT OF ELECTRICITY ACT, 2003

C. Veeramani, R. Chandrasekaran

Abstract :

India has achieved significant growth in the Electricity Power Sector from the time of independence. The commendable growth in the power generation capacity, the number of electricity consumers, the number of agricultural pumps, the length of transmission and distribution network was the result of major policies framed by the Central Government in consultation with all the stakeholders in the power sector and in particular with the State Electricity Boards(SEBs). One of the major initiatives was the power sector reforms which entails independent Regulatory Commission, unbundling of SEBs and eventual privatization especially distribution sectors has been the dominant theme in the Indian Economy Policy discourse during the later part of 1990s. Orissa was pioneer state which enacted a comprehensive Electricity Reform Legislation in 1995 which was followed by all other states. In 1996, the Central Government has also come out with a �Common Minimum National Action Plan for power�. The Central Government initiative was given a legal shape in the form of Central Electricity Regulatory Commission�s bill 1998. The enactment of �Electricity Act–2003� which came into force from 10.06.2003 repealing the existing enactments such as Indian Electricity Act–1910, Electricity Supply(Act)–1948 and Electricity Regulatory Commission Act–1998 has thrown the Indian Power Sector into global competition in generation, transmission, distribution and trading of electricity. The Tamilnadu Electricity Board (TNEB) which came into being from 1957 under the repealed Act of Electricity(Supply) Act, 1948 as remained the energy producer and distributor to the erstwhile state of Tamilnadu. After 53 years of continuous journey in its endeavor, it has restructured in 2010 in line with the provisions of Electricity Act, 2003 into TNEB Limited, TANGEDCO Ltd (Tamilnadu Generation and Distribution Corporation Ltd) and TANTRANSCO Ltd (Tamilnadu Transmission Corporation Ltd). To operate in this competitive environment, the TNEB Ltd., which has got 243 lakhs of consumer base need to improve their existing infrastructure facilities to meet the growing demands of consumers by removing all the constrains. While large scale investments have been planned by TNEB Ltd., and large numbers of projects have been launched, the lack of high quality human resources is becoming a key constrains. This research work will address the human resource challenges currently being faced by TNEB Ltd, and lays out the strategies which ultimately lead to the development of this sector and provide better quality service to the consumers as per the stipulations contained in the Electricity Act, 2003.