New Delhi: Chandan Kumar Mondol has taken over as Director (Commercial) of NTPC Limited, a Maharatna PSU under the Ministry of Power, on Saturday. Prior to this assignment, Mondol was serving as Executive Director in the same organisation. According to an order issued on June 8, Mondol has been appointed to the post from August 1, till the date of his superannuation i.e. January 1, 2023, or until further orders, whichever is earlier.
Mondol is an alumnus of St Xavier's College and holds a BE degree from Jadavpur University. He has been with NTPC Limited for over 35 years and has held several key leadership positions across multiple business units.
Mondol joined NTPC as the ninth batch Executive Trainee (ET) in 1984. He has vast experience and comprehensive knowledge of the power sector and has worked in both power plant and corporate functions. He started off his journey with the project execution and commissioning of 3X500 MW units at Ramagundam and 4X210 MW units at Kahalgaon.
As a strategic planner, Mondol has led several initiatives at NTPC. In 1998, Mondol joined Corporate Commercial where he worked towards developing commercial and marketing strategies, execution of domestic and international Power Purchase Agreements (PPAs), formulation of Tariff Regulations with CERC, participation in Ultra Mega Power Plant (UMPP) bidding, etc.
He joined Corporate Planning in 2012 as head of Strategic Planning Division and was also responsible for periodic review of the business plan, organisational restructuring, identifying risks of the company and its mitigation through comprehensive enterprise risk management policies etc. Mondol took charge as Business Unit Head (BUH) of Khargone in March 2015 and was responsible for execution of 1,320 MW Green Field Power Project involving land acquisition, Right of Use, Right of Way, R&R plan, Project Planning & Construction, Boundary Management with the local administration, the state government and other statutory authorities.
NTPC Limited, formerly known as National Thermal Power Corporation Limited, is a public sector undertaking engaged in the business of generation of electricity and allied activities. NTPC Limited is India's largest energy conglomerate with roots planted way back in 1975 to accelerate power development in India. It is a company incorporated under the Companies Act 1956 and is promoted by the government.
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