By Z A Ansari : New Delhi: A storm is brewing at the top of India’s hydro power giant, NHPC, as the race to occupy the prestigious Chairman and Managing Director (CMD) seat intensifies like never before. With more than 20 high-profile contenders in the fray, the corporate corridors are buzzing with speculation, strategy, and suspense.
Sources close to the development reveal that the Public Enterprises Selection Board (PESB) has been flooded with applications for the soon-to-be-vacant top post — a clear sign of how coveted the NHPC leadership has become.
The Clock is Ticking
The urgency stems from the impending conclusion of current CMD Raj Kumar Chaudhary’s term, who assumed office on August 7, 2024. With the countdown officially on, attention has turned to who will be trusted to steer NHPC into the next era of green energy dominance.
Behind the Scenes of the Power Play
Insiders hint at a 12-member shortlist being curated from the 20+ applicants, from which only one name will emerge victorious. The appointment could define the trajectory not just for NHPC but for India’s entire renewable energy roadmap.
Why This Appointment Could Be a Game-Changer
With 7,233 MW of installed capacity and operations spanning 15 states and 2 union territories, NHPC isn’t just another PSU — it’s a backbone of India’s clean energy future. The new CMD will be tasked with driving massive growth, aligning with the nation’s ambitious goal of 500 GW of renewable energy by 2030.
The Stakes? Sky High.
Industry experts believe this leadership decision will send ripples across the energy and investment ecosystem. For shareholders, investors, and NHPC’s massive workforce, the big question is: Who will wear the crown?
Stay with us as this high-voltage leadership drama unfolds. The future of NHPC — and perhaps India’s hydro power vision — could hinge on this single, powerful decision.
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