New Delhi: In a significant administrative development aimed at strengthening governance and vigilance in India’s power sector, Ms. Vinita Narera, the current Chief Vigilance Officer (CVO) of REC Ltd, has been entrusted with the additional charge of the post of CVO at Power Finance Corporation (PFC), Delhi. This additional responsibility will be in effect for a period of six months from the date of assumption of charge, or until the appointment of a regular CVO at PFC, or until further orders.
Distinguished Career and Expertise
Ms. Narera is a distinguished officer of the Indian Railway Service of Signal Engineers (IRSSE), 2000 batch, and brings with her a wealth of experience in both operational and vigilance domains. Prior to her current role, she has served as CVO for Satluj Jal Vidyut Nigam Ltd (SJVN) and held senior engineering roles such as Chief Signal and Telecommunication Engineer (CSTE) with Northern Railway. Her career trajectory highlights a successful transition from core railway signaling and telecommunication responsibilities to senior vigilance and governance positions in central public sector undertakings (PSUs).
Commitment to Transparency and Ethical Governance
Over the years, Ms. Narera has earned a reputation for upholding transparency, integrity, and ethical conduct in all her roles. She has actively led initiatives to strengthen institutional vigilance frameworks and promote ethical practices, particularly during Vigilance Awareness Weeks, which are observed across public sector entities to enhance awareness on anti-corruption and accountability measures.
Strengthening Vigilance at PFC
Her appointment at PFC comes at a critical time when the organization is focusing on reinforcing internal governance, compliance, and risk management frameworks. With her extensive experience in both operational management and vigilance oversight, Ms. Narera is expected to play a pivotal role in enhancing corporate governance practices at PFC and ensuring a culture of accountability and integrity across its operations.
Leadership and Industry Perspective
Experts believe that her appointment as CVO of PFC will help the organization further streamline its vigilance processes, particularly in areas related to financial management, project funding, and regulatory compliance. Her prior experience in multiple PSUs equips her with the necessary insights to balance operational efficiency with stringent ethical standards, fostering confidence among stakeholders, employees, and regulatory authorities alike.
About Power Finance Corporation (PFC)
Power Finance Corporation Ltd (PFC) is a Navratna public sector undertaking under the Ministry of Power, Government of India, and serves as a leading financial institution in the Indian power sector. PFC primarily funds and promotes power generation, transmission, and distribution projects across the country. The organization plays a key role in ensuring the development of India’s energy infrastructure, supporting both conventional and renewable energy initiatives, and contributing to the overall stability and growth of the nation’s power sector.
