Section 8 in The Damodar Valley Corporation (Salaries, Allowances and other Conditions of Service of the Chairman, Members and Member-Secretary of the Corporation) Rules, 2013
8. Duties.
(1)Chairman shall be the Chief Executive Officer and Head of the Corporation and accountable to its Board of Directors and Government. Chairman will be primarily responsible for conceptual thinking, policy formulation and issuing directions in relation to its multi-pronged activities. Detailed functions of the Chairman entail long range planning, organizing, coordination and control over the administrative activities of the various departments (including Thermal Power Stations and Dams) to ensure optimal achievement of the objectives of Damodar Valley Corporation. He will be responsible for the efficient functioning of the Corporation for achieving its corporate objectives and performance parameters. He will maintain close liaison with Government of India, Government of Jharkhand, Government of West Bengal and other Public/Private Companies. He will keep close interface with administrative, technical and financial matters with the advice and assistance of other Members.(2)Member (Finance) will be a member of Board of Directors and reports to the Chairman. He will be the overall in charge of all financial/commercial/ accounts/audit functions of the organization and responsible for evolving and formulating financial policies. He will be responsible for arranging finance, advising in matters of contracts, Capacity utilization, marketing of electric power, realization of power sold and expansion of markets through formulation and implementation of sound corporate market policies including PPA, commercial strategies and guidelines in line with corporate objectives and goals and promote healthy relationship with customers and other stake holders.(3)Member (Technical) will be a member of Board of Directors and report to Chairman. He will be incharge of all technical/operational matters of the Corporation and guide the Corporation to achieve technological/operational excellence. He will be responsible for ensuring proper operation and maintenance of power plants, development of coal blocks and mines and to improve productivity through renovation/modernizations programmes. Responsibilities include efficient and profitable operation of Power Plant, implementation of new projects, supervision of civil engineering and water resource management including irrigation, flood control, water supply and drainage. Leveraging the technology to achieve competitive advantage to power plants (Thermal, Hydel, Gas, Solar, Wind etc.), Fuel Management and Materials Management will also be his responsibility.(4)Member-Secretary will be a member of Corporation and report to Chairman. He shall be overall in charge of Administration such as coordinating and implementing personnel policies, management functions, administrative control etc. He shall be in charge of development including industrial relation policies of the corporation and activities related to international cooperation. Responsibility for land acquisition, liaison, Rehabilitation and Resettlement (R&R), Corporate Social Responsibility (CSR), Raj Bhasha, Social Development, Management Information System (MIS) & Information Technology (IT) and activities connected with Joint Ventures. He will be conducting the Board meetings and will be minuting the proceedings. He will be responsible for conduct of Board proceedings as per the provisions of the Act.
