ACC yet to decide fate of Dr Nalin Shinghal; vacancy of CMD, BHEL arising on July 1

The Ministry of Heavy Industries & Public Enterprises has reportedly written to the Appointments Committee of Cabinet (ACC) disapproving the recommendation of panel of Dr Nalin Shinghal, CMD, Central Electronics Limited (CEL) made by the Public Enterprises Selection Board (PESB) for the post of Chairman-cum-Managing Director, Bharat Heavy Electricals Limited, a Maharatna PSU. The tenure of present CMD Atul Sobti is ending on June 30, 2019. However, there are whispers in the corridors of power that he may be accorded extension for yet another term. The Ministry has doubted the capability of Dr Shinghal, who bailed out CEL to a profit level. Some sources are of the view that the ACC can approve the appointment of Dr Shinghal as Government of India is laying a special emphasis on external competent candidates.