Chandigarh, Dec.12, 2024:--Eminent Electricity Distribution Limited (EEDL), a wholly-owned subsidiary of CESC Limited (an RP-Sanjiv Goenka Group company), reaffirms its steadfast commitment to the employees of the Chandigarh Electricity Department. The company assures that all service conditions and retirement benefits will be upheld in full accordance with the concluding agreement, honouring both its letter and spirit. Present Medical facilities shall be continued, Dearness allowances as notified by government of India shall also be applicable. The rumours about employees' job security during the transition are entirely baseless and unfounded. EEDL has assured that, contrary to these concerns, the reality is both reassuring and fully supportive of employees' interests.The Electricity Act, 2003, and the tender conditions provide robust safeguards for the jobs and service conditions of employees transferred to the privatized distribution company. Throughout their tenure, the service conditions of transferred employees can only be improved and, under no circumstances, made less favourable than those in place prior to the notification of privatization.Furthermore, employees' salaries, allowances, and other benefits, including terminal benefits such as pensions, gratuity, earned leave, and provident fund, are fully protected. These benefits will continue to be administered exclusively by the Government, ensuring no adverse impact on employees during the transition.These safeguards are enshrined in the Statutory Transfer Scheme and the Share Purchase Agreement between the UT Administration's Holding Entity and EEDL.
P. R. Kumar, President of Power Distribution, RP-SG Group, emphasized that we reiterate to the employees of the Chandigarh Electricity Department that their welfare, including service conditions and retirement benefits, will be fully safeguarded in accordance with the agreement. The RPSG Group, with a dedicated workforce of over 50,000 employees, is committed to serving the people of Chandigarh with the highest levels of dedication and care.
Highlighting the RPSG Group's commitment to employee welfare, P. R. Kumar, President of Power Distribution, RPSG Group, remarked that at the core of EEDL's operations lies the value of 'Humanness,' a principle that shapes our corporate culture. This is evident in our employee-centric policies, which prioritize fairness, respect, transparency, and sensitivity towards our most valuable asset—our employees. Through a range of initiatives across our group companies, we remain steadfast in our mission to enhance the quality of life and overall well-being of our workforce.
It is noteworthy that the RP-Sanjiv Goenka Group, one of India's leading and fastest-growing conglomerates, boasts a 200-year legacy and a dynamic presence across diverse sectors, including power, chemicals, consumer & retail, IT-enabled services, FMCG, media & entertainment, sports, education, and plantations. Comprising 23+ companies and managing over 34 iconic brands, the Group has been recognized among 'India's 100 Best Companies to Work For' and India's Best Workplaces in Energy, Oil & Gas by GPTW in 2020. Through various initiatives across its companies, the organization remains committed to enhancing the quality of life and overall well-being of its employees.
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