THDC Director (Finance) Sipan Kumar Garg takes additional charge of Director (Finance) of SJVN Ltd on ad-hoc basis
Sipan Kumar Garg, currently serving as Director (Finance), THDC India has been entrusted with additional charge of Director (Finance), for a period of three months.
Sipan Kumar Garg appointed as Director Finance at SJVN Limited for a three-month term
Shri Sipan Kumar Garg who is currently serving as Director (Finance), THDC India Limited, has been entrusted with the additional charge of the post of Director (Finance), SJVN Limited, w.e.f. July 01, 2025, for a period of three months or till a full-time incumbent is appointed or until further orders, whichever is earlier.
Accordingly, in line with the aforesaid order of the Ministry of Power, he has assumed charge as Director (Finance) of the Company w.e.f. July 10, 2025, and his appointment has been taken on record w.e.f. from the date of assumption of charge.
Consequently, Shri Rajendra Prasad Goyal ceased to hold the additional charge of the post of Director (Finance), SJVN Limited w.e.f. June 30, 2025.
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Shri Sipan Kumar Garg has been serving as the Director (Finance) of THDC India Limited since August 17, 2024. As a distinguished finance professional, he holds a degree in Bachelor of Commerce (Hons.) and is a member of the Institute of Chartered Accountants of India (CA), the Institute of Cost Accountants of India (CMA), and the Institute of Company Secretaries of India (CS).
Additionally, he has done LL.B. and was a rank holder in the Company Secretary examination. With over 23 years of extensive experience in Finance, Accounts, Taxation, and Commercial aspects within the power sector, he brings a deep expertise to his role at SJVN Limited.
Read Also : POWERGRID Subsidiary Commissions Eastern and North Eastern Transmission ProjectHe has a vast experience which includes serving as the Chief Financial Officer (CFO) at Aravali Power Company Private Limited and Patratu Vidyut Utpadan Nigam Limited, both Group Companies of NTPC Limited. He has also contributed to NTPC Limited in various capacities, including strategic roles in the Corporate Accounts Group and the Koldam Hydro Power Project.
During his tenure at NTPC, he ascended the professional ladder through his strong sense of responsibility, ethics, and unwavering dedication to the Company. Recognized as an outstanding finance professional, he excelled in every role he undertook at NTPC.
Under his leadership in Finance, Aravali Power Company Private Limited received its highest credit ratings and realized significant savings of interest on long-term loans. He has enhanced his expertise by participating in numerous workshops and seminars at prestigious institutions both in India and abroad. As a seasoned speaker on Accounting Standards and Ind AS, he has shared his insights widely over the years.
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