Reliance Power has appointed Shri Arup Ashok Gupta as a Non-Executive and Non-Independent Director, effective October 11, 2025. Additionally, Shri Neeraj Parakh, Executive Director and Chief Executive Officer, will take on additional responsibilities as interim Chief Financial Officer. These changes were announced following a Board of Directors meeting, reinforcing the company’s leadership structure.
Board Leadership Changes
Reliance Power has announced key changes to its Board of Directors, effective October 11, 2025. These changes reflect the company’s ongoing efforts to strengthen its leadership team.
Appointment of New Director
Shri Arup Ashok Gupta has been appointed as a Non-Executive and Non-Independent Director. Shri Gupta brings over 40 years of experience in Human Resources across various industries, with a strong background in organizational design and leadership development. He has been with the Reliance Group for the past 16 years and has held senior HR positions in other prominent organizations.
Interim CFO Announcement
Shri Neeraj Parakh, currently serving as the Executive Director and Chief Executive Officer, will assume additional responsibilities as the interim Chief Financial Officer. Shri Parakh has been with Reliance for over 20 years and has extensive experience in project execution, operations, and procurement. He has been instrumental in delivering large-scale projects totaling over 10 GW of power generation.
Shri Arup Ashok Gupta’s Expertise
Shri Gupta holds a Bachelor’s degree in Science (Microbiology) and a Master’s in Management Studies (Marketing) from the University of Mumbai. His expertise includes organizational design, productivity enhancement, and leadership hiring.
Shri Neeraj Parakh’s Background
Shri Parakh is an engineering graduate in Production Engineering and holds an MBA. He has significantly reduced the organization’s reliance on imports by localizing procurement for power plants and mining projects. His contributions span technology selection, vendor localization, and regulatory compliance.
Source: BSE
