NTPC Green Energy announces board reshuffle with new Independent Director appointments

Deepak Babu, Brajesh Raman, and Phalguni Patra have been appointed as Independent Directors for a tenure of three years starting from the date of notification, or until further orders, whichever is earlier

Published on:

09 May 2025, 2:26 pm

New Delhi: NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has announced key changes to its Board of Directors following an official communication from the Ministry of Power, Government of India, dated May 8, 2025.

As per the order, three Independent Directors — Dr. Viveka Nand Paswan, Shri Bimal Chand Oswal, and Ms. Sajal Jha — have ceased to hold their positions with effect from May 8, 2025.

PSU Watch is now on Whatsapp Channels. Click here to join

Simultaneously, the Ministry has appointed Deepak Babu, Brajesh Raman, and Phalguni Patra as Independent Directors for a tenure of three years starting from the date of notification, or until further orders, whichever is earlier. The appointments are subject to the completion of statutory formalities required under applicable regulations.

NTPC Green Energy to raise up to Rs 5,000 crore via bonds

NTPC Green Energy, which operates in the renewable energy domain under the aegis of India’s largest power utility NTPC Ltd, stated that the changes align with its commitment to strengthening corporate governance and aligning with strategic national priorities in the clean energy sector.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)