Section 3
Constitution Of The Power Development Board
3. Constitution of the Power Development Board:
(1) A The Power Development Fund Development Board is hereby constituted to collect necessary sources, to promote the investment of the private sector, to invest the loan in the Projects that have been selected for the development of power and to mobilize, manage and operate or cause to be mobilized, managed and operate, the fund of the Board.
(2) The Board constituted pursuant to Sub-section (1) shall have the following Members:-
(a) Director General, Department of Electricity Development – Chairperson
(b) Two persons designated by the Government of Nepal from amongst the in-service officers, of at least Gazetted Second Class or equivalent to the same of the civil service who have experience for ten years and done Master’s Degree in Civil or Electrical or Mechanical Engineering, or Economics, or Management or Law – Members
(c) Two members nominated by the Government of Nepal from amongst persons of the private sector who have at least Ten years experience in the concerned sector and done Master’s Degree in Civil, or Electrical or Mechanical Engineering or Economics or Management or the Law – Member
(3) The terms of office of the members designated or nominated pursuant to Clause (b) and (c) of the Sub-section (2) shall be of Five years, and he/she may be re-designated or re-nominated.
(4) Notwithstanding anything contained in Sub-section (3), Government of Nepal, if deems it necessary, may change the member pursuant to Clause (b) of Sub-Section (2) at any time mentioning thereof the reason.
(5) Notwithstanding anything contained in Sub- Section (3), while designating or nominating the member pursuant to Clauses (b) and (c) of Sub-section (2) for the first time, one shall be designated or nominated member for three years and other member for Five years.
(6) The post of the members shall be deemed to have be vacant in the conditions as follows:
(a) If he /she fails to attend three consecutive meetings of the Board without notice,
(b) If he/she tenders resignation of his/her post,
(c) If he /she becomes insane or unsound
(d) If he /she dies,
(7) If any member has carried out the act contrary to the interest of the Board, Government of Nepal may remove such member from his/her post.
(8) While removing any member from his/her post pursuant to Clause (a) of Sub-section (6) and (7) such member shall be required to be given an opportunity for his /her defense.
(9) If the post of any member is fallen vacant pursuant to Subsection (6) or (7), Government of Nepal shall designate or nominate to such post for remaining terms.
(10) The Board may, if thinks necessary, invite an officer of Government of Nepal or any native or foreign expert or advisor as an observer in the meeting of the Board.
(11) No member of the Board shall be entitled to take part in discussion and decisions at the meeting of the Board on any matter, which he/she has personal interest in.
(12) The Department of Electricity Development shall carry out functions of the Secretariat of the Board until the establishment of separate office of the Board.
(1) A The Power Development Fund Development Board is hereby constituted to collect necessary sources, to promote the investment of the private sector, to invest the loan in the Projects that have been selected for the development of power and to mobilize, manage and operate or cause to be mobilized, managed and operate, the fund of the Board.
(2) The Board constituted pursuant to Sub-section (1) shall have the following Members:-
(a) Director General, Department of Electricity Development – Chairperson
(b) Two persons designated by the Government of Nepal from amongst the in-service officers, of at least Gazetted Second Class or equivalent to the same of the civil service who have experience for ten years and done Master’s Degree in Civil or Electrical or Mechanical Engineering, or Economics, or Management or Law – Members
(c) Two members nominated by the Government of Nepal from amongst persons of the private sector who have at least Ten years experience in the concerned sector and done Master’s Degree in Civil, or Electrical or Mechanical Engineering or Economics or Management or the Law – Member
(3) The terms of office of the members designated or nominated pursuant to Clause (b) and (c) of the Sub-section (2) shall be of Five years, and he/she may be re-designated or re-nominated.
(4) Notwithstanding anything contained in Sub-section (3), Government of Nepal, if deems it necessary, may change the member pursuant to Clause (b) of Sub-Section (2) at any time mentioning thereof the reason.
(5) Notwithstanding anything contained in Sub- Section (3), while designating or nominating the member pursuant to Clauses (b) and (c) of Sub-section (2) for the first time, one shall be designated or nominated member for three years and other member for Five years.
(6) The post of the members shall be deemed to have be vacant in the conditions as follows:
(a) If he /she fails to attend three consecutive meetings of the Board without notice,
(b) If he/she tenders resignation of his/her post,
(c) If he /she becomes insane or unsound
(d) If he /she dies,
(7) If any member has carried out the act contrary to the interest of the Board, Government of Nepal may remove such member from his/her post.
(8) While removing any member from his/her post pursuant to Clause (a) of Sub-section (6) and (7) such member shall be required to be given an opportunity for his /her defense.
(9) If the post of any member is fallen vacant pursuant to Subsection (6) or (7), Government of Nepal shall designate or nominate to such post for remaining terms.
(10) The Board may, if thinks necessary, invite an officer of Government of Nepal or any native or foreign expert or advisor as an observer in the meeting of the Board.
(11) No member of the Board shall be entitled to take part in discussion and decisions at the meeting of the Board on any matter, which he/she has personal interest in.
(12) The Department of Electricity Development shall carry out functions of the Secretariat of the Board until the establishment of separate office of the Board.