New Delhi: Facing mounting criticism for
mismanagement in power supply in the city, Reliance Energy-
backed power discom BSES today removed its CEO Arun Kanchan
and appointed separate CEOs for two distribution companies.
Ramesh Narayanan, senior vice president of the company has
been appointed CEO of BSES Yamuna Power Ltd (BYPL), while
Gopal Saxena, COO, would be the new CEO BSES Rajdhani Power
A BSES spokesman said the new appointments have been made
with immediate effect.
The spokesman said Kanchan has been "promoted as a
Director to the BSES board".
The new appointments of separate CEOs for BSES Rajdhani
and BSES Yamuna came following repeated warnings by Delhi
Electricity Regulatory Commission (DERC).
As per the Delhi Electricity Act, the two companies should
be headed by two separate CEOs.
First Published: Thursday, October 15, 2009, 20:13