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Updated: July 18, 2025 13:29
A move towards continuity of leadership, the Government of India has re-appointed Gurdeep Singh as Chairman and Managing Director (CMD) of NTPC Limited, on a one-year contract from August 1, 2025. This follows after the Public Enterprises Selection Board (PESB) could not identify a suitable replacement for India's biggest electricity generator.
Key aspects of the appointment
- Singh's term, which was to expire on July 31, 2025, will now be extended until July 31, 2026, or until a regular incumbent assumes office.
- The Cabinet Appointments Committee (ACC) approved the re-employment proposal of the Ministry of Power on strategic grounds
- PESB had shortlisted 12 persons for the CMD job, including NTPC board members and other PSU officials, but none of them seemed fit
Leadership stability and strategic influence
1. Gurdeep Singh has been leading NTPC since 2016, with a previous extension awarded in 2021
2. NTPC has aggressively pursued renewable energy under his leadership, with a vision of 60 GW of clean capacity in 2032
3. The Cabinet has also recently raised the investment ceiling of NTPC Green Energy to ₹20,000 crore from ₹7,500 crore, showing a huge push for solar and green hydrogen projects
4. Singh's comeback is considered vital in guiding NTPC through its energy shift towards cleaner fuel and maintaining investor confidence
Why it matters
As NTPC produces about a quarter of India's electricity, Singh's ongoing leadership brings stability at a time of decarbonization and infrastructure growth.
Sources: Business Standard, BusinessWorld, Moneycontrol, Economic Times