NHPC Limited , a prominent player in the hydroelectric power sector, has recently announced significant changes in its senior management team. The company, in compliance with SEBI listing regulations, has informed the stock exchanges BSE and NSE about these developments.

Key Management Changes

New Appointee Profile

Shri Jitendra Kumar, the newly appointed Executive Director, brings a wealth of experience to his role:

• Educational Qualification: B.Tech in Electrical Engineering
• Date of Joining NHPC: November 13, 1995
• Years of Service: 29 years

This appointment marks a significant milestone in Shri Kumar's career with NHPC, reflecting the company's commitment to recognizing and promoting internal talent.

Implications for NHPC

These management changes come at a crucial time for NHPC Limited, as the hydroelectric power sector continues to play a vital role in India's renewable energy landscape. The transition in leadership, particularly at the Executive Director level, may bring fresh perspectives to the company's operations and strategic direction.

NHPC's prompt disclosure of these changes demonstrates its adherence to regulatory compliance and commitment to transparency with its shareholders and the broader market.

As the power sector evolves, particularly with the increasing focus on sustainable energy sources, the expertise and long-standing experience of leaders like Shri Jitendra Kumar will be crucial in navigating future challenges and opportunities in the hydroelectric power domain.

Investors and industry observers will likely be keen to see how these changes in senior management might influence NHPC's strategies and performance in the coming years.

NHPC Limited , a premier "Navratna" Power Company of the Government of India, has announced a significant change in its leadership team. The Ministry of Power has appointed Shri Mahesh Kumar Sharma as the new Director (Finance) for NHPC Limited, effective October 17, 2025.

Key Details of the Appointment

Professional Background

Shri Mahesh Kumar Sharma brings a wealth of experience to his new role:

• Fellow Member of the Institute of Chartered Accountants of India (ICAI)
• Over 30 years of post-qualification experience
• Holds a Diploma in Information Systems Audit (DISA) from ICAI (All India 3rd Rank)
• Served as Executive Body Member and Chairman of the Faridabad branch of Northern India Regional Council of ICAI
• Awarded 'Best Chairman' of Northern India by Northern India Regional Council of ICAI for 2006-07

Career at NHPC

Shri Sharma's journey with NHPC spans more than 25 years:

• Joined NHPC as an Accounts Officer in July 2000
• Expertise in Finance, Corporate Accounts, Treasury, Commercial, and Contracts
• Key roles included:
  • Part of Treasury management team at Corporate Office, Faridabad
  • Core member of Initial Public Offer implementation team
  • Active role in restoration works of Dhauliganga Power Station after 2013 Uttarakhand flash floods
  • Head of Finance at Pakaldul HE Project
  • Additional charge of Finance Division for Kiru HEP and Kwar HEP under Chenab Valley Power Projects Limited

Impact on NHPC

Shri Sharma's appointment is expected to bring valuable financial acumen to NHPC's operations:

• Extensive experience in financial management of large-scale infrastructure projects
• Deep understanding of Tariff and Regulatory frameworks crucial for hydroelectric power projects
• Proven track record in resource mobilization, regulatory compliance, and financial discipline

Corporate Governance Note

NHPC Limited has confirmed that Shri Sharma is not related to any of the company's directors and is not debarred from holding the office of Director by any regulatory authority.

As a result of this appointment, Shri Sipan Kumar Garg (DIN: 10746205) will no longer hold the additional charge of Director (Finance) at NHPC Limited.

This strategic appointment underscores NHPC's commitment to strong financial leadership as it continues to play a crucial role in India's power sector.