Even as the newly-created Schedule-A PSU Power System Operation Corporation (POSOCO) is run by just an adviser since January 2017, the ACC is yet to ratify the list of candidates for the post of CMD and directors of the company shortlisted and forwarded by the PESB months back to the ministries concerned.
Sources say the matter is stuck and couldn't be forwarded to the ACC by the ministries concerned because of discrepancies in the recommendations for the post of CMD. Similary appointmenttwo directors. In all, the PESB selected the candidates for the post of CMD and four directors for handling HR, Finance, Marketing, and Operations.
Reportedly, everything looks like deliberately fabricated to make the new PSU run headless as long as possible. Someone is out there who has benefited from the non-appointment of a full governing body for the new corporation.