In a recent development concerning the top leadership at NTPC Limited, the Public Enterprises Selection Board (PESB) was unable to identify a suitable candidate for the position of Chairman and Managing Director (CMD) during a scheduled meeting last month. As a result, PESB has recommended that the Ministry of Power (MoP) initiate the selection process through a search committee route.
The current CMD of NTPC, Shri Gurdeep Singh, is slated to superannuate on July 31, 2025.
In light of the PESB’s decision and past precedents set by similar cases at ONGC and BPCL, there is growing speculation that Singh may be allowed an extension of six months to one year. While PESB has formally conveyed its suggestion, the Ministry of Power is yet to take a final call on setting up the Search Committee. Until then, uncertainty remains over the leadership transition at India’s largest power generation company.
