Developed By: iNFOTYKE
SHILLONG: The Public Accounts Committee (PAC) of Meghalaya Legislative Assembly has criticised the poor performance of the Meghalaya Energy Corporation Limited (MeECL) while maintaining that the corporation is still functioning in the ‘old MeSEB style’.
Talking to media persons after summoning the officials of the power department here on Wednesday, PAC chairman Charles Pyngrope lamented that though the erstwhile MeSEB was categorised into three different entities – distribution, generation and transmission but there has been no tangible results on the ground.
“We are yet to reap the benefits of the bifurcation as there were major lapses, deficiencies in the administration and working of the three arms of the corporation (MeECL),” Pyngrope said
Elaborating more on the findings of the Committee, Congress Umroi MLA George Lyngdoh said the state of the affairs in the MeECL is not very good in terms of revenue collection, financial management and manpower requirement.
He said that the MeECL still functions in the old MeSEB style where the main holding company MeECL controls the functioning of all the three subsidiaries, which has been objected to by the CAG,” he said.
Referring to the revenue collection of the corporation, he said the way the MeECL was handling the collection of electricity bills, the late receipt of bills, it showed that they were still performing as government machinery rather than a corporation.
He said these deficiencies were highlighted before the officers and suggestions were given by the PAC to streamline all the problems in order to improve the revenue flow of the MeECL.
“This will help to streamline the payment of the interests, payment of the debts because the MeECL is taking more loans as of now in order to repay the loan,. The debt service ratio is 90:10, which is Rs 90 debt against Rs 10 profit, so it is in a very serious condition,” Lyngdoh added.
On the other hand, Mawsynram legislator Himalaya Shangpliang informed that the Committee has also directed the department to either replace or repair damaged transformers across the state especially in the rural areas.
According to him, there are many transformers across the states that are out of order and till date the MeECL is yet to rectify these transformers, They have neither replaced nor repaired them.