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Power Foundation Director General Dr. R.K. Tyagi Meets Union Minister Manohar Lal

Newsmantra — Thu, 18 Jun 2026 10:32:19 +0000

NEW DELHI. Dr. R.K. Tyagi, Director General of the Power Foundation of India, called on the Hon’ble Union Minister of Power, Housing and Urban Affairs, Shri Manohar Lal, earlier today. During the courtesy meeting, the Director General briefed the Minister on the Foundation’s key ongoing initiatives, research projects, and institutional activities. The discussions centered on critical challenges, emerging priorities, and policy pathways shaping the country’s power sector transition. The meeting highlights the Foundation’s continued role in supporting national energy objectives through strategic insights.

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Power Ministry Orders Major Governance Overhaul in THDCIL and NEEPCO; Board Strength Halved, NTPC CMD to Chair Both PSUs

Newsmantra — Mon, 15 Jun 2026 13:29:46 +0000

NEW DELHI. In a significant governance reform in the power sector, the Ministry of Power has approved a comprehensive restructuring of the Boards of Directors of THDC India Limited (THDCIL) and North Eastern Electric Power Corporation Limited (NEEPCO).

According to an order issued on June 11, 2026, the Competent Authority has approved reducing the board strength of both central public sector enterprises by 50 per cent, bringing the number of directors down from 16 to 8.

As part of the restructuring, the existing post of Chairman and Managing Director (CMD) in both companies has been redesignated as Managing Director (MD) with immediate effect.

The order further stipulates that the Chairman and Managing Director of NTPC will serve as the Non-Executive Chairperson of both THDCIL and NEEPCO. The arrangement comes into force immediately.

In another key decision, the Ministry has discontinued the prevailing additional-charge mechanism for the top executive position in the two companies. Future appointments to the post of Managing Director will be made in accordance with established government procedures through the Public Enterprises Selection Board (PESB) and with the approval of the Appointments Committee of the Cabinet (ACC).

The move is aimed at streamlining corporate governance, strengthening oversight, and aligning the management structure of the two NTPC subsidiaries with the government’s broader public sector reforms agenda.

THDCIL and NEEPCO are among the country’s prominent hydropower and power generation public sector undertakings operating under the administrative control of the Ministry of Power. ( NEWS MANTRA)

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Power Foundation of India Wins Regulatory Advisory Excellence Award

Newsmantra — Mon, 15 Jun 2026 10:41:42 +0000

NEW DELHI. The Power Foundation of India has been honoured with the Regulatory / Legal Advisory Excellence Award at the Regulatory Affairs Conference Awards 2026, organized by the Mission Energy Foundation. Recognized alongside prominent energy sector leaders like NTPC and Greenko, the foundation received this accolade for its sustained expertise in regulatory advocacy before State Electricity Regulatory Commissions. The award highlights its ongoing efforts in benchmarking regulatory performances to strengthen the national power sector

PowerFoundationofIndia #PowerSector #RegulatoryAffairs #ElectricityRegulation #SERC

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Power Foundation of India Explores Greater Role in Power Sector Development

Newsmantra — Fri, 12 Jun 2026 07:41:37 +0000

NEW DELHI: Dr. R.K. Tyagi, Director General of the Power Foundation of India, met Smt. Parminder Chopra, Chairman and Managing Director of Power Finance Corporation (PFC), and briefed her on the Foundation’s ongoing initiatives and activities. The meeting also focused on exploring ways to further strengthen the Foundation’s contribution to the growth and development of India’s power sector, with discussions centred on supporting key industry priorities and advancing the sector’s long-term objectives.

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Presidential Nod for REC and PFC Amalgamation

Newsmantra — Thu, 11 Jun 2026 13:17:55 +0000

NEW DELHI. In a major development for the power sector, REC Limited announced that the Ministry of Power has conveyed the competent authority’s approval for its proposed merger into Power Finance Corporation Limited. This follows a decision by REC’s Board on May 16, 2026, to reserve the proposal for the President of India’s approval. The formal regulatory disclosure was submitted to the stock exchanges under Regulation 30 of the SEBI Listing Regulations.

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