https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Parminder Chopra Assigned Additional Charge as Chairman & MD of REC Ltd

This prestigious move reflects Chopra’s exceptional leadership in India's power and financial sectors, reinforcing her role as a key figure in shaping the nation’s energy financing landscape.
Indian Masterminds Stories

New Delhi: Parminder Chopra, the current Chairman and Managing Director (CMD) of Power Finance Corporation Ltd. (PFC), has been assigned the additional charge of Chairman and Managing Director of REC Ltd. for a period of three months. This prestigious move reflects Chopra’s exceptional leadership in India’s power and financial sectors, reinforcing her role as a key figure in shaping the nation’s energy financing landscape.

Smt. Chopra made history on August 14, 2023, when she became the first woman to lead India’s largest Non-Banking Financial Company (NBFC), PFC. Her remarkable career also includes serving as Director (Finance) at PFC since 2020 and holding the additional charge of CMD from June 1, 2023. Her tenure at PFC has been marked by historic financial milestones, including the highest-ever net profit, the strongest net worth, and the lowest NPA levels in the company’s history.

Chopra has been instrumental in driving PFC’s growth, overseeing key achievements such as securing a ₹1.12 trillion Liquidity Infusion Scheme (LIS) for the power distribution sector under the Atmanirbhar Bharat program. She has also played a pivotal role in the company’s transformation into India’s largest renewable energy financier, focusing on clean energy initiatives, including funding for electric vehicles, biofuels, and hybrid renewables.

In addition to her work at PFC, Smt. Chopra’s visionary leadership has positioned her as a key player in India’s energy sector reforms. As she takes on the additional responsibility at REC Ltd., her wealth of experience and strategic foresight is expected to drive synergies between PFC and REC, further strengthening India’s power and infrastructure financing ecosystem.

Smt. Chopra’s distinguished career spans over 35 years, with significant contributions at leading power and financial sector companies, including NHPC Limited and Power Grid Corporation of India Limited. Her expertise in resource mobilization, treasury management, asset-liability management, and stressed asset resolution is well regarded across the industry.

Academically, Smt. Chopra holds a Bachelor’s degree in Commerce from Delhi University, is a qualified Cost and Management Accountant, and holds a Post Graduate Diploma in Business Management. She has also received advanced executive training in Risk Management and Global Management from prestigious institutions such as Harvard University and the European School of Management.

Her outstanding contributions to business, finance, and society have earned her numerous accolades. In 2023, she was honored as the ‘Icon of the Year’ by the Institute of Cost Accountants of India and was conferred the “Finance Leader of the Year” award.

As Smt. Chopra assumes additional responsibilities at REC Ltd., her leadership is expected to bring about transformative changes in the power sector, with an emphasis on sustainable energy financing, innovation, and financial excellence.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
NETRA Mk-2
India’s Ultimate Sky Spy: NETRA Mk-2 to Detect Threats 500 km Away Before They Strike
Yogi Adityanath Ayodhya visit in Diwali
Yogi Adityanath Ayodhya visit in Diwali: CM Distributes Sweets & Fruits in , Nishad Basti Re-affirms Inclusive Diwali for All
Su-30MKI RCS reduction upgrade
India’s Su-30MKI Get RCS reduction upgrade: Radar-Absorbent Paint Entering Fleet Trials
PPP model
Public Health for Sale? Ex-IAS P.V. Ramesh Questions Andhra Govt’s PPP Model for Medical Colleges
200 MW modular nuclear reactors
From Factories to Ships: India’s 200 MW Nuclear Reactors Set to Change the Game
NAPA
Senior Punjab Bureaucrats & Legislators Under Fire: North American Punjabi Association Demands for CBI Monitoring of IAS/IPS/PCS Officers and Elected Representatives
Rajasthan IAS officer recall
Rajasthan IAS officer recall: Govt Seeks Return of IAS Officers Rohit Kumar and Siddharth Mahajan from Centre Amid Staff Crunch
dig-bhullar-file-photo
Punjab IPS Officer Harcharan Singh Bhullar Faces New FIR Over Liquor Seizure at Samrala Farmhouse
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
UPSC Journey Should Be Enjoyable, Not Cumbersome
WhatsApp Image 2025-10-16 at 15.16
The Many Facets of Former IRS Officer and Author, Giselle Mehta | Video Interview
IDES Saquib Alam
Beyond IAS and IPS: The Inspiring Work of an IDES officer | Video Interview 
ADVERTISEMENT
UPSC Stories
Ankita Parashar RAS 2023
4 Attempts, 1 Dream, 0 Excuses: Meet RAS Topper Ankita Parashar, Who Fulfilled a Daughter’s Promise & Secured Rank 2 | Exclusive Interview
Ankita Parashar, a teacher-turned-officer from Pushkar, fulfilled her late father’s dream by securing...
Kushal Chaudhary RAS
From Lab Assistant’s Grit to Rajasthan Topper: How Kushal Chaudhary Topped RAS 2023 with Self-Study | Preparation, Strategy & Interview
Kushal Chaudhary, a farmer’s son and lab assistant from Ajmer, topped RAS 2023 through self-study, overcoming...
Ruchi Jat MPPSC
She Worked in Fields, Danced Ghoomar - Now She’ll Govern Districts: Ruchi Jat Cracks MPPSC 2024 with Rank 6, Becomes Deputy Collector
From a farmer's daughter in Pipalkhunta to securing 6th rank in MPPSC 2024, Ruchi Jat's inspiring journey...
Social Media
IFS Parveen Kaswan
Heartbreak by the River: 15-Day-Old Elephant Calf Rejected by Mother, Rescued by IFS Parveen Kaswan and His Team
Jaldapra, West Bengal: In a moving incident that tugs at the heart, a 15-day-old elephant calf was rescued...
Ashwini Bhide IAS and Anand Mahindra
Who Is IAS Ashwini Bhide, Hailed as a Role Model for Mumbai Metro Transformation by Anand Mahindra?
From heritage to high-tech: Bhide’s leadership in Metro Line 3 earns public praise and admiration
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
NETRA Mk-2
India’s Ultimate Sky Spy: NETRA Mk-2 to Detect Threats 500 km Away Before They Strike
Yogi Adityanath Ayodhya visit in Diwali
Yogi Adityanath Ayodhya visit in Diwali: CM Distributes Sweets & Fruits in , Nishad Basti Re-affirms Inclusive Diwali for All
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
WhatsApp Image 2025-10-16 at 15.16
IDES Saquib Alam
ADVERTISEMENT
ADVERTISEMENT