NewsSJVN Limited Appoints Shri Suprakash Adhikari as Director (Projects) on Additional Charge BasisSJVN Limited Appoints Shri Suprakash Adhikari as Director (Projects) on Additional Charge Basis
SJVN Limited, a Navratna CPSE, has appointed Shri Suprakash Adhikari (DIN: 10738274), Director (Technical) at NHPC Limited, as Director (Projects) on additional charge basis w.e.f. May 12, 2026, per a Ministry of Power order dated May 12, 2026. The tenure is for one year or until a regular incumbent assumes charge. Concurrently, Shri Sushil Sharma (DIN: 08776440) ceased to hold the post of Director (Projects) beyond July 31, 2025. Shri Adhikari brings over 36 years of hydropower experience, including overseeing commissioning of major projects such as the 800 MW Parbati-II and the 2000 MW Subansiri Lower HE Project.
*this image is generated using AI for illustrative purposes only.
SJVN Limited, a Navratna Central Public Sector Enterprise and a Joint Venture of the Government of India and the Government of Himachal Pradesh, has informed the stock exchanges of a key boardroom development. In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed that the Ministry of Power, through its order dated May 12, 2026, has entrusted the additional charge of the post of Director (Projects) to Shri Suprakash Adhikari, Director (Technical) at NHPC Limited. Shri Adhikari formally assumed charge in this capacity with effect from May 12, 2026.
Appointment Details
The key parameters of this board-level appointment are summarised below:
| Parameter: | Details |
|---|---|
| Name: | Shri Suprakash Adhikari |
| DIN: | 10738274 |
| Designation (Additional Charge): | Director (Projects), SJVN Limited |
| Primary Designation: | Director (Technical), NHPC Limited |
| Effective Date of Charge: | May 12, 2026 |
| Ministry of Power Order Date: | May 12, 2026 |
| Tenure: | One year, or until assumption of charge by regular incumbent, or until further orders, whichever is earlier |
| Effective Date (as per original order): | August 01, 2025 |
Shri Adhikari is not related to any director on the Board of SJVN Limited and is not debarred from holding the office of Director by virtue of any order of the Securities and Exchange Board of India or any other such authority.
Cessation of Previous Director
Alongside this appointment, SJVN Limited also disclosed that the Ministry of Power, through its order dated May 12, 2026, conveyed the non-extension of the tenure of Shri Sushil Sharma (DIN: 08776440) as Director (Projects), SJVN Limited beyond July 31, 2025. Accordingly, Shri Sushil Sharma ceased to be Director (Projects) of SJVN Limited with effect from July 31, 2025.
Profile of Shri Suprakash Adhikari
Shri Suprakash Adhikari holds a Bachelor of Engineering degree in Electrical Engineering from the Indian Institute of Engineering, Science and Technology, Shibpur (formerly B.E. College, Shibpur). He commenced his professional career at NHPC Limited as a Probationary Executive (Electrical) in December 1990 and brings over 36 years of experience in the implementation of hydro projects, spanning all areas of hydropower development from inception to commissioning, as well as Operation and Maintenance (O&M).
Shri Adhikari has been serving as Director (Technical) of NHPC Limited since April 16, 2025. He also chairs the Board of Bundelkhand Saur Urja Limited, a Joint Venture of NHPC and UPNEDA. Prior to joining the NHPC Board, he headed several key divisions as Executive Director. His notable contributions include:
- Led operational excellence initiatives as Head of the O&M Division at NHPC Ltd., resulting in record annual generation, highest-ever Plant Availability Factor (PAF), and reduced forced outages
- Held additional charge of the Design (E&M) Division, contributing to the design and engineering of E&M packages for NHPC's hydro and pumped storage projects
- Oversaw the successful commissioning of the 800 MW Parbati-II Hydro Electric Project and four units (4 x 250 MW) of the Subansiri Lower HE Project (2000 MW)
- Supervised the successful commissioning of a 300 MW Solar Power Plant at Bikaner
- Headed NHPC's Projects/Power Stations including 540 MW Chamera-I, 120 MW Sewa-II, 45 MW Nimoo Bazgo, 132 MW TLD-III, and 60 MW Rangit Power Station
- Successfully led the restoration and re-tunnelling of the completely damaged Head Race Tunnel (HRT) of Sewa-II Power Station, completed ahead of schedule
Regulatory Disclosure
This disclosure was made by SJVN Limited's Company Secretary, Shri Soumendra Das, on May 13, 2026, in accordance with applicable listing regulations. The company is registered and headquartered at SJVN Corporate Office Complex, Shanan, Shimla – 171006, Himachal Pradesh.
Historical Stock Returns for SJVN
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.62% | -3.77% | +6.12% | -6.33% | -19.80% | +187.05% |
How might Shri Suprakash Adhikari's dual role as Director (Technical) at NHPC and Director (Projects) at SJVN impact decision-making efficiency and potential conflicts of interest in hydropower project execution?
Given the nearly 10-month gap between Shri Sushil Sharma's cessation (July 31, 2025) and the formal disclosure of his replacement (May 2026), what governance implications could this delay have for SJVN's ongoing project pipeline?
With Adhikari's proven track record in commissioning large-scale hydro projects like Subansiri Lower and Parbati-II, which of SJVN's under-construction projects are most likely to see accelerated timelines or strategic shifts?
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