PESB finds no suitable candidate for NTPC CMD post

PESB fails to select CMD for NTPC; recommends alternate route like Search-cum-Selection Committee to Administrative Ministry.

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NTPC Limited

New Delhi, May 21, 2025: In a significant development, the Public Enterprises Selection Board (PESB) has not recommended any candidate for the post of Chairman & Managing Director (CMD), NTPC Limited.

At the selection meeting held on May 21, 2025, PESB interviewed 12 candidates but found none suitable for the coveted position. Subsequently, it advised the Administrative Ministry/Department to explore alternative options, including setting up a Search-cum-Selection Committee (SCSC) or any other appropriate course of action with the approval of the competent authority.

The decision delays the appointment of a new CMD at NTPC, one of India’s largest power producers, and brings into focus the challenge of finding a leadership fit for such a critical role in the public sector.

During the selection meeting, the following 12 candidates were interviewed:

  1. Shivam Srivastava, Director (Fuel), NTPC Limited
  2. Bhupender Gupta, Director(Technical), THDC India Limited
  3. Ravindra Kumar, Director (Operations), NTPC Limited
  4. Shaswattam, Executive Director, NTPC Limited
  5. Somes Bandyopadhyay, Managing Director, GSECL (on deputation from NTPC), NTPC Limited
  6. Kapil Kumar Gupta, Director (Finance), MMTC Limited
  7. Mukesh Choudhary, Director(Marketing), Coal India Limited
  8. Ajit Kumar Panda, Director (Project & Services), Container Corporation Of India Limited
  9. Thangarajan Subash Chandra Bosh, Executive Director, Chief Executive Officer, Rec Power Development & Consultancy Limited
  10. Rajil Srivastava, Executive Director Asset Management, Power Grid Corporation Of India Limited
  11. Sanoj Kumar Jha (IAS), Additional Secretary, Ministry of Coal, Government of India,
  12. Abhay Arun Harne, Director, MSEB MAHAGENCO MSPGCL

Also Read: PESB to interview candidates on May 21 for NTPC CMD post: Sources