The Tamil Nadu Electricity Restructuring and Transfer Scheme, 2024

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© GOVERNMENT OF TAMIL NADU

2024

[Regd. No. TN/CCN/467/2012-14.

[R. Dis. No. 197/2009.

[Price: Rs. 16.00 Paise.

No.90] CHENNAI, WEDNESDAY, MARCH 6, 2024 Maasi 23, Sobakiruthu, Thiruvalluvar Aandu-2055

Part II—Section 1

Notifications or Orders of specific character or of particular interest to the

public issued by Secretariat Departments.

NOTIFICATIONS BY GOVERNMENT

ENERGY DEPARTMENT

THE TAMIL NADU ELECTRICITY RESTRUCTURING AND TRANSFER SCHEME, 2024.

[G.O. Ms. No. 32, Energy (B2), 6th March 2024, மாசி 23, சோபகிருது, திருவள்ளுவர் ஆண்டு--2055.] No. II(1)/EGY/6(a)/2024.

In exercise of the powers conferred by sub-sections (4), (5) and (6) of section 131 and section 133 of the Electricity Act, 2003 (Central Act 36 of 2003), the Governor of Tamil Nadu hereby makes the following Scheme for defining the property, interest in property, rights, and liabilities of the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) to be allocated to the Tamil Nadu Power Generation Corporation Limited (TNPGCL) and Tamil Nadu Green Energy Corporation Limited (TNGECL) and also for the transfer of officers and employees of TANGEDCO to the TNPGCL and the TNGECL and for determining the terms and conditions on which such transfer:-

1. Short title, extent and commencement: -

(a) This Scheme may be called the Tamil Nadu Electricity Restructuring and Transfer Scheme, 2024.

(b) It extends to the whole of the State and also to properties, interests, rights, liabilities, proceedings and personnel of the TANGEDCO outside the State.

(c) It shall come into force on and from the Sixth day of March 2024.

2. Definitions: - (1) In this Scheme, unless the context otherwise requires :-

a. "Act" means the Electricity Act, 2003 (Central Act 36 of 2003);

b. "Appointed Date" means the appointed date as mentioned in sub-section (6) of section 232 of the Companies Act, 2013 (Central Act 18 of 2013);

c. "Company" means any company incorporated under the Companies Act, 2013 (Central Act 18 of 2013) or under any previous company Act;

d. "Commission" means the Tamil Nadu Electricity Regulatory Commission (TNERC) constituted under section 82 of the Electricity Act, 2003 (Central Act 36 of 2003);

e. "Director" means, a director appointed to the Board of a Company;

f. "Green Energy" means Renewable energy including but not limited to wind, offshore wind, solar, biomass, biofuel, co-generation, municipal solid waste, geothermal, tidal, ocean waves, all Hydro and pumped-storage Hydro based generation, applications of hydrogen and any other new and non-conventional sources of energy;

g. "Liabilities" include all liabilities, debts, duties, obligations and other outstandings including statutory liabilities and Government levies of whatever nature and contingent liabilities which may arise in regard to the d e a l i n g s before th e d a te of the transfer in respect of the Undertakings transferred under this Scheme;

II-1 Ex. (90)

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BEELA VENKATESAN, Principal Secretary to Government. PRINTED AND PUBLISHED BY THE COMMISSIONER OF STATIONERY AND PRINTING, CHENNAI ON BEHALF OF THE GOVERNMENT OF TAMIL NADU