Shri Sipan Kumar Garg has taken over the additional charge of the post of Director (Finance) of NHPC Limited, India’s premier Hydropower Company and a Navratna Enterprise of Government of India on 1st September 2025. Shri Sipan Kumar Garg is currently serving as the Director (Finance) of THDC India Limited. He is also designated as the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company, as appointed by the Board of THDC. A distinguished finance professional, he holds a degree in Bachelor of Commerce (Hons.) and is a member of 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). Additionally, he has done LL.B. and was a rank holder in the Company Secretary examination. NHPC will be greatly benefitted by Shri Garg’s vast and varied experience.
 
With over 24 years of extensive experience in Finance, Accounts, Taxation and Commercial aspects within the power sector, he brings deep expertise to his role at NHPC Limited. His prior experience includes serving as the Chief Financial Officer (CFO) at Aravali Power Company Private Limited and Patratu Vidyut Utpadan Nigam Limited, both Group Companies of NTPC Limited. He has also contributed to NTPC Limited in various capacities, including strategic roles in the Corporate Accounts Group and the Koldam Hydro Power Project.
 
During his tenure at NTPC, he ascended the professional ladder through his strong sense of responsibility, ethics and unwavering dedication to the Company. Recognized as an outstanding finance professional, he excelled in every role he undertook at NTPC. Under his leadership in Finance, Aravali Power Company Private Limited received its highest credit ratings and realized significant savings of interest on long-term loans.
 

He has enhanced his expertise by participating in numerous workshops and seminars at prestigious institutions both in India and abroad. As a seasoned speaker on Accounting Standards and Ind AS, he has shared his insights widely over the years. He has also been an active member of several committees of the Institute of Chartered Accountants of India, including the ‘Committee on Public Finance and Government Accounting,’ the ‘Accounting Standards Study Group,’ and the ‘Members in Industry Group (PSU).’ In recognition of his visionary leadership, Shri Garg was honoured as the Visionary CFO of India at the National Economic Growth Summit 2024. He also received a Certificate of Appreciation from ICMAI for his dedicated contributions to the growth of THDCIL and for his efforts in advancing the CMA profession.

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01.09.2025
Faridabad