Tata Power Re-appoints Praveer Sinha On Positions Of CEO, Managing Director

Praveer Sinha, CEO & MD, Tata Power

Praveer Sinha, CEO & MD, Tata Power

Listen to This Article

Tata Power on Thursday said it has re-appointed Praveer Sinha as the company's Chief Executive Officer (CEO) and Managing Director.

His re-appointment to the top post is for a period of four years from May 1, 2023, to April 30, 2027, subject to the approval of the members of the company, Tata Power said in a regulatory filing.

"Based on the recommendation of the Nomination and Remuneration Committee, the Board, at its meeting held on March 30, 2023, approved the re-appointment of Praveer Sinha as the CEO & MD of the company," it added.

His present tenure as a CEO and MD is scheduled to conclude on April 30, 2023.

"Under his current leadership, Tata Power is at the forefront of transforming itself from a century-old power utility company into a new-aged sustainable, technology-oriented and customer-centric green energy solutions company," the company said.

A PhD from the Indian Institute of Technology, Delhi, Sinha is a visiting Research Associate at Massachusetts Institute of Technology (MIT), Boston, USA.

RECENT NEWS

BoE Loosens Capital Rules

The Bank of England has taken a significant step towards easing post-crisis regulation by lowering its estimate of the c... Read more

Monzo Looks For US Banking License

Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more

Crypto Firms Push Into US Banking

America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more

Parallel Banking: Stablecoins Are Now Global

Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more