THE NORMS SET BY IT FOR DISCHARGING FUNCTIONS

The Employees of the Company discharge their duties to carry out its various business operations in accordance with the objects prescribed in the Memorandum of Association & Article of Association of the Company and in line with the provisions of the all applicable statutory and rules and regulations framed there under. UPPTCL has well defined procedures and guidelines for discharge of various functions. These are highlighted below

• Delegation of Powers
  The Board of Directors of UPPTCL delegate the decision-making powers to the management under a specified procedure of approval, from time to time.
• Procedures, Guidelines, Manuals
  To facilitate smooth discharge of responsibilities by all the employees, the Corporation has adopted the procedures prevailing under erstwhile UPSEB and Electy.Act 2003, Gridcodes, UPERC/CERC/CEA guidelines upcoming from time to time
• Accounting Policies
  The Financial statements of UPPTCL are prepared in accordance with Generally Accepted Accounting Principles (GAAP) and applicable Accounting Standards in India. The Financial Statements adhere to the relevant presentational requirement of the Companies Act, 1956.