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THDC India Limited Celebrates 39th Foundation Day and Reaffirms Its Focus on India Clean Energy Transition

Newsmantra — Thu, 16 Jul 2026 08:01:16 +0000

RISHIKESH. THDC India Limited commemorated its 39th Foundation Day with nationwide celebrations across its corporate, project, and unit offices, marking nearly four decades of growth in India’s power sector. The main event commenced at the Rishikesh headquarters with a flag-hoisting ceremony led by Managing Director Sipan Kumar Garg, who praised the collective dedication of the workforce in establishing the company as a premier energy enterprise. In his address, Garg emphasized that this milestone is not just a reflection of past achievements, but a vital opportunity to renew the organization’s commitment to innovation, operational efficiency, and sustainable development.

A key highlight of the celebration was the acknowledgment of the company’s expanding generation capabilities, which have now reached a total installed capacity of 3,907 MW. This impressive growth is anchored by major milestone projects, including the successful commissioning of the 1,000 MW Tehri Variable Speed Pumped Storage Plant and the 1,320 MW Khurja Super Thermal Power Project. The leadership highlighted these assets as foundational to THDCIL’s trajectory to become a dominant force in the pumped storage sector, which is increasingly critical for stabilizing India’s power grid and supporting its clean energy transition.

The event also served as an opportunity to honor individual and team excellence through various internal awards, such as the Innovation, Swift Decision-Making, and Gaurav Awards. Notably, the prestigious Naman Award was presented to J. Behera, the former Director of Finance, for his outstanding leadership in strengthening the company’s financial governance and institutional systems. As THDCIL enters its 40th year, the organization continues to diversify its portfolio across hydro, thermal, solar, and wind projects to align with national priorities for a secure, sustainable, and energy-independent future.

THDC India Achieves Major Milestone at Vishnugad-Pipalkoti Hydro Project

Newsmantra — Thu, 04 Jun 2026 06:34:05 +0000

TEHRI. THDC India Limited successfully lowered and placed the assembled Main Inlet Valve of Unit-1 at its 444 MW Vishnugad-Pipalkoti Hydro Electric Project on June 2, 2026. CMD Sipan Kumar Garg virtually graced the event, praising the project team’s technical excellence and dedication. Chief Technical Officer L.P. Joshi and Executive Director Kumar Sharad also lauded the achievement. This complex installation marks a critical advancement in electro-mechanical works, moving the mega-hydro project significantly closer to operational readiness.

Shri Sipan Kumar Garg assumed the additional charge of CMD of THDC India Limited.

Newsmantra — Wed, 26 Nov 2025 10:30:50 +0000

Shri Sipan Kumar Garg assumed the additional charge of CMD THDC India Limited. Presently Sh. Garg has been serving as Director (Finance) of THDCIL. A commerce and law graduate, he is also a member of ICAI, ICMAI, ICSI and a rank holder in the Company Secretary examination.

He has over 24 years of experience in Finance, Accounts, Taxation, and Commercial functions in the power sector. Prior to joining THDC India Limited, he served as Chief Financial Officer at Aravali Power Company Private Limited and Patratu Vidyut Utpadan Nigam Limited, both subsidiaries of NTPC Limited. He has also held key roles in NTPC’s Corporate Accounts Group and the Koldam Hydro Power Project.

Sipan Kumar Garg Assumes Additional Charge as Director (Finance) of NHPC Limited

Newsmantra — Tue, 02 Sep 2025 11:08:26 +0000

NEW DELHI. Shri Sipan Kumar Garg has assumed additional charge as Director (Finance) of NHPC Limited, India’s leading hydropower company and a Navratna PSU, effective September 1, 2025. Currently serving as Director (Finance), CFO, and KMP of THDC India Limited, Shri Garg brings over 24 years of expertise in finance, accounts, taxation, and commercial functions in the power sector. A B.Com (Hons.) graduate and distinguished professional holding qualifications as a Chartered Accountant, Cost Accountant, Company Secretary (rank holder), and Law Graduate, he has held key leadership roles at NTPC and its subsidiaries, including CFO positions at Aravali Power Company and Patratu Vidyut Utpadan Nigam. Renowned for his strategic insight and contributions to ICAI committees, Shri Garg is a recognized speaker on Accounting Standards and Ind AS, and was honored as Visionary CFO of India at the National Economic Growth Summit 2024, alongside accolades from ICMAI for his leadership and contributions to the CMA profession.

THDC Director (Finance) Sipan Kumar Garg takes additional charge of Director (Finance) of SJVN Ltd on ad-hoc basis

Newsmantra — Fri, 11 Jul 2025 09:57:36 +0000

Shri Sipan Kumar Garg, currently serving as Director (Finance) of THDC India Limited, has been entrusted with the additional charge of the same position at SJVN Limited for a period of three months.

Shri Sipan Kumar Garg Joins THDC India Limited

Newsmantra — Tue, 20 Aug 2024 05:54:56 +0000

THDC India Limited welcomes Shri Sipan Kumar Garg, a seasoned finance professional with over 23 years of experience in the power sector. Previously CFO at Aravali Power and Patratu Vidyut Utpadan, Shri Garg has a strong background in finance, accounts, and taxation. He is a member of several prestigious accounting bodies and has contributed significantly to the field.