BSES appoints two new CEOs

October 16, 2009 06:32 pm | Updated 06:32 pm IST - NEW DELHI

The Anil Ambani-owned power distribution company BSES on Thursday announced appointment of two new Chief Executive Officers for its two distribution companies in the Capital -- BRPL and BYPL. The company has also appointed Arun Kanchan, the CEO of BSES, as Director of the BSES Board.

The company has named Ramesh Narayanan as the CEO of BYPL and Gopal Saxena as the CEO of BRPL. Both the appointments are with immediate effect.

Mr. Narayanan joined BSES in 2002 and has headed many crucial portfolios. As senior vice-president, his last assignment included heading the critical Power Management Group and Operations and Maintenance. An alumnus of Delhi College of Engineering and Delhi University, from where he did his MBA, Mr. Narayanan has worked for organisations like National Thermal Power Corporation, Power Finance Corporation, Thapars and Electricite De France (EDF).

BRPL CEO Gopal Saxena joined BSES two years ago and was functioning as BYPL’s Chief Operating Officer since August 2007. An alumnus of IIT Kanpur and Administrative Staff College of India, Mr. Saxena has over 35 years’ rich and diversified experience in core and infrastructure industries, including ACC-Babcock, DCM and ESSAR.

BSES had been served notices recently by the Delhi Electricity Regulatory Commission for failing to meet the guidelines that prescribed separate CEOs, control rooms and employees for both the companies. Mr. Kanchan had been serving as CEO of both companies for over a year now.

The company on Thursday also submitted its reply to the show-cause notice issued by DERC seeking explanation for software glitches that resulted in abnormal jump in electricity bills.

A company official said the discoms have refuted the report submitted by consultant Standardisation Testing and Quality Certification (STQC) that pointed to major “discrepancy” in the billing process for the months of June to August 2009.

The STQC report became the grounds for DERC issuing a show-cause notice to the discoms asking why a suitable deduction should not be allowed to consumers whose consumption for the months of June to August 2009 had shown an abnormal rise in comparison with the corresponding months in 2008.

“There have been no glitches in the software. In the reply submitted to DERC, the company has detailed the whole process and offered the explanation for a jump in bills,” said a company official.

The DERC refused to comment on the reply submitted by the discom.

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