Left Menu
Development News Edition

NTPC begins search for CEO of distribution business

PTI | New Delhi | Updated: 02-06-2020 13:16 IST | Created: 02-06-2020 13:16 IST
NTPC begins search for CEO of distribution business

State-owned power giant NTPC said it has started the process for recruiting a Chief Executive Officer (CEO) for its electricity distribution business. Last week NTPC had announced its plan to foray into electricity distribution business and also offered to acquire 51 per stake in two utilities of Anil Dhirubhai Ambani Group (ADAG) in Delhi.

In a letter to the Delhi Electricity Regulatory Commission (DERC), NTPC had said it has learnt that ADAG wants to divest its 51 per cent stake in BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL), and the company is keen on acquiring the distribution assets. This assumes significance because NTPC is primarily power-generation company.

"NTPC is looking for a dynamic experienced professional as CEO of distribution business," the company said in an advertisement. While the upper age limit of an applicant is 55, he or she must be holder of a degree in mechanical/electrical engineering from a recognised university or institution.

In terms of experience, the applicant should have 25 years of experience including in-depth exposure of distribution business, besides experience of developing and expanding business, exposure on profit and loss account, and knowledge of commercial aspects of power industry, electricity regulations and related aspects of distribution business. The appointment shall be on a fixed-term basis for a period of three years and the last date to submit entries is June 15, 2020.

NTPC, formerly known as National Thermal Power Corporation Limited, is India's largest power conglomerate with an installed capacity of 62,110 MW. The company has an ambitious plan to attain a total installed capacity of 130 GW by 2032..


TRENDING

OPINION / BLOG / INTERVIEW

Why COVID-19 is unstoppable in USA despite it being ranked at the top of GHS Index?

Several worst-hit countries such as Italy, France, Spain, the UK, Canada, and Russia have peaked COVID-19 cases in April. Almost all of them have gradually flattened the curve. However, the USA is setting new daily records of infections tha...

COVID-19 seems cooking biggest ever global scam

The increasing number of corruption cases on COVID-19 funds from throughout the world and involvement of high profile persons indicate that the countries cant ignore corruption in their pandemic response programs. This has generated the nee...

Health Management Information Systems lack holistic, integrated, and pandemic resilient character

Being a part of the United Nations system, the World Health Organization WHO deserves its share of rebuke for its alleged failure issue COVID-19 health emergency alerts on appropriate time. However, the pandemic has also exposed loopholes i...

Pride in the time of coronavirus: a welcome move online?

This year is different in many ways not least as celebrations are also taking place against the dramatic backdrop of a global health crisis and a resurgence in grassroots activism following the death of George Floyd in Minneapolis. ...

Videos

Latest News

Poland's Duda seen ahead in presidential vote -late poll

Polands incumbent president Andrzej Duda was slightly ahead in Sundays presidential election, a late poll showed, a narrow victory which if confirmed would allow the ruling nationalists to deepen their conservative reforms. The late poll co...

Incumbent Duda marginally ahead in Polish presidential election cliffhanger

Incumbent Andrzej Duda was marginally ahead in Polands presidential election on Sunday, an exit poll found, a result, which while still uncertain, could have profound implications for Warsaws relations with the European Union. The re-electi...

Soccer-Flamengo win first leg of Rio de Janeiro state final

Flamengo beat city rivals Fluminense 2-1 on Sunday to take the lead in the two-leg final of the Rio de Janeiro state football championship. The reigning champions went ahead after 27 minutes through Pedro, but Fluminense came back in the se...

'Let's get going': UK tells businesses to prepare for Brexit crunch

Britain is urging businesses and individuals to prepare for the Dec. 31 end of the Brexit transition period with an information campaign titled The UKs new start lets get going.Britain left the European Union on Jan. 31, three and a half ye...

Give Feedback