Sanjeev Kumar Gupta takes over as CMD of REC Limited

New Delhi: Sanjeev Kumar Gupta has taken over the additional charge of Chairman & Managing Director (CMD) of REC Limited, a Navratna PSU and one of India's largest power financiers, on June 13. He is currently serving as Director (Technical) in the same PSU. The CMD post in REC Limited was vacant, after REC's Director (Finance) Ajeet Kumar Agarwal, who also held additional charge of the post of CMD, superannuated on May 31.

Gupta's background

Gupta is the Director (Technical) on the board of REC Limited since October 16, 2015. He has over 37 years of experience of the power sector across diverse functions i.e. Planning, Design, Construction, Operation & Maintenance, Project Management of large EHV & UHV transmission projects, Financing of Generation, Transmission, Distribution and Renewable Projects, etc. in various power Central PSU's, such as REC, PGCIL and NHPC. He was instrumental in the induction of new technologies (765 KV AC/1200 kV & ± 800 KV HVDC transmission, ROW optimization, uprating of transmission lines, conductors etc.) in the Indian transmission grid. He was designated Project Manager for various international consultancy projects in Bhutan, Nepal, Myanmar and Bangladesh.

He has been working in REC Limited since March 16, 2010, at senior management positions including as the CEO of REC Transmission Projects Company Limited, a wholly-owned subsidiary of REC Limited, as well as the nodal officer for the National Electricity Fund (NEF).

REC Limited

REC Limited, formerly Rural Electrification Corporation Limited, is a Navratna PSU under the Ministry of power. The company finances and promotes rural electrification projects across India. The company provides loans to Central and State Sector Power Utilities, State Electricity Boards, Rural Electric Cooperatives, NGOs and Private Power Developers.

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