Job or Vacancy Description:
Applications are invited from eligible candidates for appointment to the un-reserved one post of Asstt. Manager (Finance), on direct recruitment basis,

1. Asstt. Manager (Finance) : 01 Post
Pay Scale : Rs. 19,000-39,100( Grade Pay of Rs. 5,400/-)
Age : Not exceeding 28 years as on last date of receipt of application
Qualification : A qualified Chartered Accountant from the Institute of Chartered Accountants of India/Qualified Cost & Works Accountant from the Institute of Cost & Works Accountants of India

Tentative Last Date: 11-04-2011

About the organization:
Electricity plays a vital role in our day-to-day life.  It powers our houses, industries, hospitals and in fact our entire economy.  Historically speaking the modern electricity industry utility system was first introduced to the world on the opening of Thomas Edison’s Pearl Street Electricity Generating Station on September 4th , 1882 at New York (United States of America).  Insofar as Delhi is concerned, the position is that as per available records, the first diesel Power Station was established in Delhi in the year 1905 when a private English Company by name M/s.  John Fleming was given permission to generate electricity under the provisions of the Indian Electricity Act 1903.  The above mentioned Company was given the responsibility both of generation and distribution of power in a limited manner.  That Company after obtaining license under the provisions of Electricity Act 1903 had set up a small 2 MW Diesel set at Lahori Gate in Old Delhi.  Later on, this very Company was converted as Delhi Electricity Supply and Traction Company.   In the Year 1911, the power generation was augmented by Steam Generation Station.  In the year 1932, the management of Central Power House was handed over to New Delhi Municipal Committee (NDMC).  In the field of power generation and distribution, a major break through was achieved in 1939 when Delhi Central Electricity Power Authority (DCEPA) was established.  This Company was responsible for the supply of power to the areas covered by Local Bodies, namely, the Municipal Committees of Delhi, West Delhi and South Delhi, the Notified Area Committees of  Red fort,  Civil Lines, Mehrauli, Najaf Garh, amd the District Board of Delhi.  The supply of electricity to the Municipal Committees of Delhi-Shahdara and the Notified Area of Narela was done by different private agencies.  In 1947 Dcepa took over a Private Limited Company by name Delhi electric Supply & traction Company Limited. Promulgation of Electricity (Supply)Act 1948:-  In the year 1948,  electricity (Supply) Act 1948 came into force, which inter-alia provided  for the constitution of an electricity Board in the States that was to function as a vertically integrated electricity utility in the entire State, undertaking all the functions of activities related to electricity, which included electricity generation, transmission, distribution, supply,  planning coordination and also was to act as regulatory authority for carrying out other functions incidental and ancillary thereto.  In other words, the Electricity (Supply) Act 1948 was entitled to become a monopolistic undertaking in the field of electricity control by an instrument of the state and not by private sector.  The principal objective behind the above policy decision of the Government of India in providing for the constitution of State electricity to all, particularly in semi-urban and rural areas because till then the availability of electricity was confined to urban areas and was mainly served by private electricity distribution licenses issued under the Indian electricity Act 1910. Formation of Delhi State Electricity Board: – In pursuance of the provisions of the Electricity (Supply) Act, 1948, in Delhi, in the year 1951 the Delhi State Electricity Board (DSEB) came into existence and the responsibility of generation and distribution of electricity was taken over by Dcepa from Dcepa.  The entire staff of Dcepa and other agencies was absorbed by DSEB under the existing terms & conditions of service. Notification of Industrial Policy Resolution:-   In the year 1952 the Government of India notified the Industrial Policy Resolution under the Industries Development and Regulation Act 1951 where under the electricity industry, which included all aspects of generation, transmission, distribution, and supply of electricity, came to be reserved for State sector.  In other words, the private sector was not entitled to commence any business of generation, transmission, distribution, and (or) supply of electricity. Formation of Delhi Electric Supply Undertaking by promulgation of DMC Act 1957:-   After the promulgation of the Delhi Municipal Corporation Act 1957, the DSEB was dissolved and the functions of DSEB were taken over by Delhi Electric Supply Undertaking (DESU), which came into existence in 1958.  After the formation DESU, the generation and distribution of electricity to all the areas of Delhi came under DESU and the employees of erstwhile DSEB were also absorbed by DESU. Constitution of Delhi Vidyut Board: -   The Government of the National Capital Territory of Delhi vide notification No.  F.11 (10)/92-LSG /PF (II) dated 24.02.1997, issued under the Electricity (Supply) Act, 1948, constituted a separate Electricity Board, i.e. the Delhi Vidyut Board (DVB) for the NCT of Delhi w.e.f. 24.02.1997 for the purpose of generation and distribution of power to the entire area of NCT of Delhi except the areas falling within the jurisdiction of NDMC and Delhi Cantonment Board.

Address :
Delhi Transco Limited
(A Govt. of NCT of Delhi Undertaking)
Shakti Sadan, Kotla Road, New Delhi-110002.

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