New Delhi: The Appointments Committee of the Cabinet (ACC) has approved the appointment of Ravinder Singh Dhillon as Chairman & Managing Director (CMD) of Power Finance Corporation (PFC) Limited, a Navratna PSU under the Ministry of Power, on Monday. Dhillon is currently serving as Director (Projects) in the same organisation. According to an order from the Department of Personnel & Training (DoPT), Dhillon has been appointed as CMD of PFC for a period with effect from the date of assumption of charge of the post on or after June 1, till the date of his superannuation i.e. May 31, 2023, or until further orders, whichever is the earlier.
Earlier, PSU Watch had reported that Dhillon was recommended for the post of CMD of PFC by a PESB panel on December 9, 2019. He was selected from a list of seven candidates, who were interviewed by the selection panel. With his new charge, Dhillon will replace Rajeev Sharma, who is heading the organisation since October 1, 2016.
Educational background of Ravinder Singh Dhillon
Dhillon is an Engineering (Electrical) graduate from Thapar Institute of Engineering & Technology, Patiala (Punjab). He also holds an MTech in Power Systems from IIT Delhi. He has more than 34 years of experience in various areas of the power sector. Dillon has a long association with PFC lasting as many as 26 years. He has worked in various capacities in PFC, that includes handling project appraisal, business development, stressed assets’ revival and monitoring of projects. He was promoted as Director (Projects) of PFC Limited on June 12. Prior to this promotion, he was serving as Executive Director in the same organisation. Before joining PFC, Dhillon worked with Bharat Heavy Electricals Limited (BHEL) and Central Electricity Authority for nine years. He has been a nominee director of PFC on the boards of various private and state-sector power companies. He also served as Director (Public Grievances) in PFC.