A list of super privatization fund orders for the main power utility PPC, published yesterday and intended to help restructure the company and boost its performance, include a number of demands that have not been included in the power utility’s business plan.
These include a voluntary retirement plan for older personnel at a retirement age, as well as an end to overtime pay, additional shifts and seasonal hirings.
The fund has also called for a restructuring of the power utility’s workforce. At present, 3,433 workers are employed at PPC’s mines, 4, 671 in production, 971 in trade, amd 1,515 in administration.
The privatization fund is also demanding a reassessment of the firm’s network of retail outlets.