New Delhi: In a significant development in India’s public sector leadership, the Public Enterprises Selection Board (PESB) has recommended Mr. Mahesh Kumar Sharma for the prestigious position of Director (Finance) at NHPC Limited, a Schedule ‘A’ Mini Ratna public sector enterprise under the Ministry of Power.
The decision was made during PESB’s Meeting No. 60/2025, held on Tuesday, July 15, 2025, at 3:30 PM.
Currently serving as General Manager (Finance) and Head of Associate Finance–Commercial at NHPC, Mr. Sharma emerged as the top candidate from a pool of 13 senior professionals representing various leading public sector undertakings (PSUs). The selection process involved a rigorous interview round, assessing experience, leadership vision, and financial acumen.
List of Interviewed Candidates Included:
- Mr. Anuj Kapoor, Executive Director, NHPC Limited
- Smt. Reshma Hemrajani, Executive Director (Finance), NHPC Limited
- Mr. Guru Dutt, General Manager, NHPC Limited
- Mr. Ajay Kumar Jain, GM (Finance), NHPC Corporate Office
- Mr. Jitendra Yadav, GM (F&A), HOD/Director (STPL), CFO (SGEL), SJVN Ltd.
- Mr. Nagendra Kumar Mishra, CFO, Patratu Vidyut Utpadan Nigam Ltd.
- Mr. Ajay Kumar Aggarwal, GM (Finance), BSNL
- Mr. Mohan Lal Kumawat, ED (Finance–ECB & CA&T), REC Ltd.
- Mr. Sanjeev Gupta, ED, Dedicated Freight Corridor Corporation of India Ltd.
- Mr. Sundeep Pal, ED (Pay Commission), Railways
- Mr. Anil Nagendra Kalekar, Chief GM (Finance & Accounts), MSEDCL
- Mr. Pankaj Goel, ED & CFO, PTC India Ltd.
Next Steps
The PESB’s recommendation will now move to the Appointments Committee of the Cabinet (ACC) for final approval. Upon clearance, Mr. Sharma will officially assume the role, bringing his extensive experience in finance and commercial operations to NHPC’s top financial leadership.
NHPC Limited plays a critical role in India’s hydropower sector and energy infrastructure. The appointment of a new Director (Finance) is expected to bolster financial strategy and governance at a pivotal time for the organization.
Read also: Raj Kumar Chaudhary Retires as CMD of NHPC Ltd; Rajendra Prasad Goyal Given Additional Charge
About NHPC
NHPC Limited, formerly known as National Hydroelectric Power Corporation, is India’s premier hydropower company under the Ministry of Power. Established in 1975, NHPC has diversified into solar and wind energy and plays a crucial role in the country’s clean energy transition.
