Apr 16: A brainstorming report has come to the conclusion that there is a need for a holding company for public sector power companies
8The following major disadvantages have been identified for the current public sector model:
-- Risk averse hierarchical culture
-- Boards not steering long term growth path
-- Lack of accountability for non-performance
-- Slow to embrace new technology
-- Cumbersome procurement policy
8A set of radical suggestions has been made, including greater transparency and distribution of powers down the functional line of control
8Periodic performance benchmarking by independent agencies has been suggested
8Fast track promotion of star performers have been sought
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