Shillong, March 17: Power Minister James Sangma said that the state government is examining for the appointment of a technocrat as Director of Finance (DoF) in the Meghalaya Energy Corporation Limited (MeECL).

Replying to a query during the budget session of the Assembly on Wednesday, James said “We are examining for bringing in a Director of Finance on the basis of lateral entry because that would bring in a lot of value to the Corporation (to have somebody) who have rich experience and have worked in bigger PSUs.”

When Rangsakona legislator Zenith Sangma expressed concern that the same person was appointed as Chairman and Managing Director (CMD) and Director of Finance, the Minister said that a government officer has always been appointed to the post of Director of Finance.

Asked, the Minister also said, the information on the Shareholders, the number of shares held by each of them and the Members of the Board of Directors of MeECL/MePDCL/ MePTCL/MePGCL are as per Statements placed on the Table of the House.