Raipur. A contract was signed today between Chhattisgarh State Power Generation Company and Bank of Baroda. This agreement provides for enhanced banking facilities and greater coverage, along with salary packages for regular employees. A memorandum was signed and handed over to the Managing Director of the Generation Company, Mr. S.K. Katiyar, and Mr. Dewakar of Bank of Baroda on this occasion. Mr. Katiyar described this agreement as a major step in the interests of the company and its employees. A total of 2,700 officers and employees are employed at the Generation Company's headquarters, Hesdeo Thermal Power Station, Dr. Shyama Prasad Mukherjee Thermal Power Station, and Atal Bihari Vajpayee Thermal Power Station, who will directly benefit from the agreement.
The company had requested the bank to create a special package for power generation employees, allowing them to access affordable and modern services from a single bank. The bank stated that in addition to having a contract with the central government, it is also providing such services to various government departments in the state.

Mr. Sandeep Modi, Executive Director of the Generation Company, stated that this contract includes insurance coverage of up to 12 lakh rupees, as well as coverage of 1 to 2 crore rupees for accidents and plane crashes. Furthermore, there are various discounts and attractive facilities on debit and credit cards. All types of loan facilities are also available at minimal interest rates. Locker rent will be provided at a concessional charge. To take advantage of all these facilities, employees will have to open their salary accounts with this bank.