![]() Financial Daily from THE HINDU group of publications Thursday, Nov 20, 2003 |
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Corporate
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Manpower CESC extends VRS offer; gets nod for plant closure Our Bureau
Kolkata , Nov 19 WITH nearly 2,000 applications being received by the CESC management in response to its voluntary retirement scheme, which opened on November 1, CESC has decided to extend by six days its early bird scheme, which envisages an additional payment of Rs 25,000. Mr Rathin Sen, General Secretary of the CITU-affiliated CESC Workmen's Union, said this was communicated verbally by the management to the union. Originally the early bird scheme entailing this payment, was slated to close today and employees opting for the scheme between November 20 and 27 would have received an reduced packet of Rs 20,000 only as additional payment. Now they would receive the Rs 25,000 amount till November 25. Meanwhile, the State Government has given its permission for closure of the Mulajore Power Plant attaching with it a rider on deployment. The letter from the State Labour Department said that management will have to redeploy workmen attached at the Mulajore Plant who are below 47 years of age. The plant carries a workforce of 501 of whom 13 are slated to retire by December. The management has already stopped generation of power at the plant, which was set up in 1939. This has been done in accordance with an apex court order on the pollution caused by the plant and its inefficiency. The West Bengal Electricity Regulatory Commission had also made observations regarding the economic viability of this plant, while the State pollution control board had said that this plant, along with another old CESC plant, accounted for bulk of the city's air pollution.
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