Today, Punjab government has ordered the appointment of Er Baldev Singh Sra as the new CMD of Punjab state power corporation limited (PSPCL). He had already served on this post.
royalpatiala.in broke the news of “Punjab govt is going to appoint a new CMD in its column on September 28, 2021 , immediately after the Charnajit Singh Channi took the reins of Punjab govt. Than again royalpatiala.in was the first to share the information, who had applied for this coveted post. Than again it’s royalpatiala.in who gave the information ” New CMD PSPCL in offing ” on November 15,2021, when everyone is thinking that Punjab government is not interested in appointing a new CMD at the fag end of its tenure.
Earlier, a screening-cum-selection committee, headed by chief secretary had shortlisted five candidates for the post.
Er.Baldev Singh retired as CMD PSPCL on June 6, 2020, after completing his two years tenure. The all-around improvement was visible in the Punjab power sector during his last tenure.Baldev Singh is an honest and competent engineer and is well conversant with the nitty-gritty of power purchase agreements and will be able to take these to a conclusion with active political support.
During his earlier tenure of two years , all-around improvement was visible in the Punjab power sector With the out of box thinking of Baldev Singh, PSPCL has managed the power requirements of Punjab in a commendable manner without going in for usual short term power purchases. There was a policy of zero tolerance to power theft and corruption. Organized gangs of meter tampering for power theft were exposed and busted. For the first time power was sold during summer by PSPCL gaining over Rs. 1183 crore with a profit margin of Rs.453 crore during his first tenure