Shimla: State-owned power company SJVN Limited has announced the appointment of Parthajit De as its new Chief Financial Officer (CFO) and Key Managerial Personnel, effective April 10, 2026.
The appointment was approved by the company’s Board of Directors in a meeting held on Friday. The move is aimed at strengthening financial governance and supporting the company’s expanding power generation portfolio.
Experienced Finance Professional Takes Over CFO Role
Parthajit De currently serves as Director (Finance) at SJVN and brings nearly 30 years of experience in corporate finance, taxation, accounting standards, and governance.
Before joining SJVN, he worked with NHPC Limited, where he handled key responsibilities including:
- Corporate Accounts and Policy
- Corporate Tax Cell
- Employment Benefit Trusts
- Nominee Director at Loktak Downstream Hydroelectric Corporation
Read also: SJVN’s Nathpa Jhakri Hydro Power Station Crosses 150 Billion Units of Clean Electricity Generation
Strong Academic and Professional Credentials
De holds multiple prestigious qualifications, including:
- Fellow Member of the Institute of Cost Accountants of India (ICMAI)
- Chartered Financial Analyst (CFA)
- CGMA certification from the Chartered Institute of Management Accountants (UK)
He began his career in 1998 as a Trainee Officer (Finance) at NHPC and has since worked across multiple project locations including Sikkim, West Bengal, Arunachal Pradesh, and Bihar.
Proven Record in Financial Excellence
During his tenure at NHPC, Parthajit De achieved several milestones in financial reporting and governance, including:
- Nine consecutive years of nil comments from C&AG on financial statements
- Silver Shield for Excellence in Financial Reporting (2019–20)
- Gold Shield from ICAI (2020–21)
- Gold Medal for Best Presented Annual Report by South Asian Federation of Accountants
Strengthening Governance and Financial Systems
SJVN stated that the appointment reflects its commitment to improving financial systems, governance standards, and resource optimization as it expands its renewable and hydro power capacity.
The company added that De’s expertise in tariff regulations, accounting standards, and financial systems will support long-term growth and operational efficiency.
About SJVN Limited
SJVN Limited is a leading Navratna Central Public Sector Enterprise engaged in hydropower generation and expansion into renewable energy projects. The company operates several power projects across India and is focused on sustainable energy development, infrastructure growth, and efficient resource management.
Read also: SJVN Limited Wins 3rd Prize in Swachhta Hi Sewa Pakhwada Awards 2024–25 by Ministry of Power
