Sipan Kumar Garg Assumes Additional Charge as THDC India CMD
Shri Sipan Kumar Garg, THDC Director (Finance) and a distinguished CA/CMA/CS, has assumed the additional charge of CMD for THDC India Ltd., effective Nov 25, 2025.
New Delhi: Shri Sipan Kumar Garg has assumed the Additional charge of Chairman & Managing Director of THDC India Limited on 25.11.2025.
About Shri Garg:
Shri Garg is also holding the position of Director (Finance) in THDC India Limited w.e.f. August 17, 2024.
He has also assumed the additional charge of Director (Finance) SJVN Ltd., effective from September 1, 2025. A distinguished finance professional, Shri Garg holds a 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, Shri Garg brings a deep expertise to his role at THDC India Limited. His prior experience 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, Shri Garg ascended the professional ladder through his strong sense of responsibility, ethics, and unwavering dedication to the Company. Recognised 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 realised significant savings on interest on long-term loans.
Shri Garg 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. He has also been an active member of several committees of the Institute of Chartered Accountants of India, including the ‘Committee on Public Finance and Government Accounting,’ the ‘Accounting Standards Study Group,’ and the ‘Members in Industry Group (PSU).’