New Delhi: Mr R. P. Goyal, Director (Finance) at NHPC Limited, has once again taken over the additional charge of Chairman and Managing Director (CMD) of the company, effective 1st July 2025. This marks the second time Mr Goyal has stepped into the top leadership role, having previously served as CMD from March 1, 2024, to August 7, 2024.
His reappointment comes during a crucial phase for NHPC, India’s largest hydropower utility, as it strengthens its position in both conventional and renewable energy sectors.
A Veteran with Over Three Decades at NHPC
Mr Goyal’s association with NHPC spans more than 36 years, having joined the organization on 18th November 1988 as a finance professional. Over the decades, he has steadily risen through the ranks, guided by a strong sense of responsibility, integrity, and dedication.
A member of the Institute of Cost Accountants of India, Mr Goyal also holds a Master’s degree in Commerce from the University of Rajasthan, Jaipur. His expertise lies in the financial, contractual, and regulatory dimensions of hydropower project development and operation – areas crucial to NHPC’s strategic growth.
Leadership Across the NHPC Group Companies
In addition to his role at NHPC, Mr Goyal holds multiple leadership positions across the organization’s subsidiaries and affiliated entities. He serves as-
Chairman of-
- Jal Power Corporation Limited
- Bundelkhand Saur Urja Limited
- NHPC Renewable Energy Limited
Nominee Director on the Boards of-
- NHDC Limited
- Chenab Valley Power Projects Private Limited
- Ratle Hydroelectric Power Corporation Limited
- Loktak Downstream Hydroelectric Corporation Limited
He also serves as Director (Finance) at the National Power Training Institute (NPTI), Faridabad.
Trusted Leadership in Transition
Mr Goyal’s reappointment is seen as a stabilizing move for NHPC during a leadership transition. His past performance as CMD was marked by strategic decision-making, financial discipline, and a push toward renewable energy integration.
Known for his conceptual clarity, hard work, and professionalism, Mr Goyal has contributed significantly to NHPC’s sustained progress. His understanding of the hydropower sector’s financial and operational landscape makes him uniquely suited to lead the company during this interim period.
NHPC’s Expanding Role in India’s Energy Mix
Under Goyal’s continuing leadership, NHPC is expected to maintain momentum in its core hydropower projects while advancing into solar and wind energy through its subsidiaries. The company also plays a critical role in national energy security, particularly in remote and hilly regions where hydropower is a stable and clean source of electricity.
