Rajendra Prasad Goyal Confirmed as NHPC CMD: Veteran Finance Leader to Steer India’s Hydropower Giant

The Government of India has officially approved the appointment of Rajendra Prasad Goyal as Chairman and Managing Director (CMD) of NHPC Limited, solidifying his leadership at the helm of the nation’s premier hydropower company. Goyal, who has been serving as Director (Finance) at NHPC and holding additional charge as CMD since March 1, 2024, will continue to guide the company through its next phase of growth and innovation.

 

Key Highlights:

 

Seasoned Leadership: Goyal brings over 35 years of experience with NHPC, having joined the company in 1988. His career is marked by steady advancement, deep financial expertise, and a reputation for ethical leadership and professionalism.

 

Impressive Credentials: An Associate Member of the Institute of Cost Accountants of India and a Master of Commerce from the University of Rajasthan, Goyal has played a pivotal role in NHPC’s financial and strategic planning.

 

Expanded Responsibilities: Beyond NHPC, Goyal chairs the boards of key subsidiaries such as Lanco Teesta Hydro Power, Jal Power Corporation, Bundelkhand Saur Urja, and NHPC Renewable Energy. He also serves as a nominee director on the boards of several joint ventures and subsidiaries, reflecting his broad influence in the sector.

 

Government Endorsement: The Ministry of Power extended Goyal’s tenure as CMD, citing his proven track record and the need for stable leadership until a permanent appointment is made.

 

Strategic Impact: Under Goyal’s stewardship, NHPC is expected to accelerate its renewable energy initiatives and maintain its leadership in India’s hydropower sector.

 

Sources: Economic Times Energy, SolarQuarter, Energetica India