New Delhi: The Ministry of Power, Government of India, has extended the additional charge of the post of Director (Finance), SJVN Limited to Mr. Sipan Kumar Garg with effect from December 1, 2025. The extension underscores the government’s confidence in his leadership and expertise in the Indian power sector.
A Finance Leader With Over 24 Years of Power Sector Experience
Mr. Sipan Kumar Garg is widely recognised for his more than 24 years of distinguished experience in the Indian power industry. Over the years, he has contributed significantly to the financial and strategic operations of both hydro and thermal power organisations, playing key roles in enhancing financial efficiency and strengthening corporate governance frameworks.
His capabilities extend across financial management, commercial operations, project financing, regulatory affairs, cost optimization, and large-scale project execution—areas essential for driving growth and stability in India’s expanding power sector.
Also Holds Additional Charge as CMD of THDC India Limited
In addition to his responsibilities at SJVN Limited, Mr. Garg has also assumed the additional charge of Chairman & Managing Director (CMD) of THDC India Limited on 25 November 2025. This appointment comes while he continues to serve as the Director (Finance) of THDC India Limited, a role he has held since 17 August 2024.
Balancing multiple top-level leadership positions reflects the government’s trust in his ability to guide major public sector undertakings within the power sector with financial discipline, strategic insight, and operational efficiency.
A Highly Qualified and Multidisciplinary Professional
Mr. Garg’s strong academic foundation complements his professional achievements. He holds a B.Com (Hons) degree and is a member of three prestigious professional bodies:
- Institute of Chartered Accountants of India (CA)
- Institute of Cost Accountants of India (CMA)
- Institute of Company Secretaries of India (CS) — where he was also a rank holder
Additionally, he possesses a Bachelor of Law (LL.B.) degree, strengthening his understanding of the legal and regulatory ecosystems that govern the power sector.
His diverse qualifications and multidisciplinary expertise have enabled him to contribute meaningfully to financial policy-making, risk management, regulatory compliance, and long-term business planning.
About SJVN Limited
SJVN Limited is a premier Public Sector Undertaking (PSU) under the administrative control of the Ministry of Power, Government of India. The company is engaged in the development, operation, and maintenance of hydro, solar, wind, and thermal power projects across India and abroad. Known for its commitment to clean energy and sustainable growth, SJVN continues to play a vital role in strengthening India’s power generation capacity.
Read also: SJVN’s 60 MW Naitwar Mori Hydro Power Station Achieves Full Design Energy Ahead of Schedule
