SJVN Limited announces an extension to the additional charge of Director (Finance) for Shri Sipan Kumar Garg, effective from December 1, 2025. This extension is for a period of three months or until a full-time appointment is made, whichever occurs first. Shri Garg also serves as Director (Finance) at THDC India Limited.
Leadership Continuity in Finance
SJVN Limited has announced an extension to the tenure of Shri Sipan Kumar Garg as the Director (Finance). This decision, formalized on December 1, 2025, ensures continued leadership in the company’s financial operations.
Terms of Extension
The Ministry of Power’s order extends Shri Garg’s additional charge for a period of three months starting December 1, 2025. The extension will last until a full-time Director (Finance) is appointed or until further orders are issued. Shri Garg simultaneously holds the position of Director (Finance) at THDC India Limited.
Executive Profile: Shri Sipan Kumar Garg
Shri Sipan Kumar Garg brings over 24 years of experience in the Indian power sector. Beyond his role as Director (Finance) at THDC India Limited since August 17, 2024, he also serves as the Chairman & Managing Director (CMD) of THDC India Limited since November 25, 2025. His qualifications include memberships in 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), complemented by a Bachelor of Law (LL.B.) degree.
Broader Contributions
Shri Garg’s career encompasses financial management, corporate governance, project financing, and regulatory affairs. His experience spans both hydro and thermal power projects. He has contributed to enhanced financial discipline and operational efficiency across organizations. Previously, he held leadership positions within the NTPC Group, including CFO roles at Aravali Power Company Private Limited and Patratu Vidyut Utpadan Nigam Limited.
Industry Engagement
Shri Garg actively participates in professional bodies, contributing to key committees of the Institute of Chartered Accountants of India. He is also a seasoned speaker on Accounting Standards, Ind AS, and financial best practices.
Subsidiary Leadership
Furthermore, Shri Garg serves as the Chairman of THDC India Limited’s subsidiary companies: TUSCO Limited, TREDCO Rajasthan Limited, and THDCIL-UJVNL Energy Company Limited.
Source: BSE