New Delhi: Baidyanath Maharana is set to be the next Director (Finance) of North Eastern Electric Power Corporation (NEEPCO) Limited. He has been recommended for the post by the Public Enterprises Selection Board (PESB) panel, the public sector head hunter body, on June 7. He is currently serving as Chief General Manager (Finance) in the same organisation. Currently, NEEPCO's Director (Personnel) Anil Kumar is holding the additional charge of Director (Finance).
Maharana has been recommended for the post of Director (Finance) of NEEPCO from a list of four candidates, who were interviewed by the selection panel. Out of four candidates, two candidates were from NEEPCO Limited and the other two were from NTPC Limited and Oil India Limited (OIL).
As Director (Finance) of NEEPCO, the top official will be a member of the Board of Directors and will report to the Chairman & Managing Director (CMD). He will be overall in charge of the finance and accounts functions of the organisation and will be responsible for evolving and formulating finance policies and their implementation.
NEEPCO is a Miniratna PSU under the administrative jurisdiction of the Ministry of Power. Its mission is to harness the huge power potential of the country, from conventional and non-conventional energy sources, with minimal impact on the environment through planned development of power generation projects with an integrated approach covering investigation, planning, design, construction, operation and maintenance of hydro and gas-based power projects.
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