I'm working from the 340B documentation, which is all that I can find, but it would seem logical that operation is the same as with the A model. Feel free to correct me if I'm wrong.
Saab_340B-Electrical.pdf, 5.1 page 7, figure 2
There doesn't appear to be a connection to the left essential bus from the right battery, in the same way that the emergency bus has connections to the left and right batteries.
So, the question is, shouldn't the right essential bus not be powered unless the right battery is in the on position?
The emergency power light is documented as:
5.1, page 23/24
"Comes on if the emergency bus is not powered, or if the emergency power supply voltage drops below 24V"
As the batteries are on, and emergency bus voltage (assuming EMER on the dc amp/volt selector is emergency bus and not emergency avionic bus and power is in the green band), shouldn't the light not come on?