(1) The State Government, may by a transfer scheme provide for the transfer of the personnel to *TSTRANSCO, generating company or companies, distribution or other companies hereinafter referred to as the transferee company or companies; on the vesting of properties, rights and liabilities in such transferee companies as provided under section 23.
(2) Upon such transfer scheme the personnel, shall hold office or service under the transferee company on terms and conditions that may be determined in accordance with the transfer scheme:
Provided that such terms and conditions on the transfer shall not in any way be less favourable than those which would have been applicable to them if there had been no such vesting:
Provided further that any such scheme under subsections (1) and (2) shall be consistent with the tripartite agreements entered into between the Government, 13Telangana S.E.B. and the employees.
13. Telangana State Electricity Board now known as TSSPDCL.
Provisions relating to personnel.
40 [Act No.30 of 1998]
Explanation:- For the purposes of this section as well as the transfer scheme the term “personnel” shall mean all persons who on the effective date are the employees of the Board.
25. Notwithstanding anything contained in the Industrial Disputes Act, 1947 or any other law as is applicable, and except for the provisions made in this Act, the transfer of the employment of the personnel referred to in sub-section (1) of section 24 shall not entitle such employees to any compensation or damages under this Act, or any other Central or State law or under the general law, save as provided in the transfer scheme.
PART - VIII TARIFFS