Govt extends NTPC CMD Gurdeep Singh’s tenure by one year till July 2026

NEW DELHI: The Government proposed to extend the term of NTPC President and General Manager (CMD) Gurdeep Singh, ruled by the state, until July 31, 2026.

The current period of Singh ends on June 30th. Appointed in 2014, a five -year extension in 2020 was given.

“The Council of Ministers (ACC) approved the proposal to re -employ Shri Gurdeep Singh (CMD), NTPC (India).

The extension follows the failure of the Public Enterprises Election Board (PESB) to find an appropriate successor. PESB published an advertisement for task in October last year.

Singh’s extended term of office comes at a time when it becomes actively renewable and transformed into nuclear energy under the leadership of India’s largest power generator.

In the interview with June 2024 MintSingh said NTPC is planning to establish 10 GW nuclear energy capacity. La1.5 trillion.

In November last year, NTPC Green Energy Subsidiary NTPC Green Energy Ltd. The company aims to create a cumulative renewable energy portfolio of 60 GW by 2030. It is currently about 64 GW coal -based, including NTPC Group’s affiliated initiatives.

For the fourth quarter of MY25, the state’s power major reported that consolidated net profit was an annual increase of 4%. La5,788 Crore, due to higher income than generation work. He made a profit LaIn the same FY24 period, 6,490.05 Crore.

NTPC’s total income increased LaIn March quarter 51.085.05 Crore, La48.816.55 Crore 4,5. Fy24.

Net snow for the entire MY25, La23.953.15 CRORE LaIn 21,332.45 FY24. Total income increased La1.90 trillion La1.81 trillion of the previous year.

NTPC shares on Wednesday La342.60 increases by 0.13% from the closing of the previous day.