NTPC CMD Tenure Extended by One Year

New Delhi, Jul 17 (PTI) The government has extended the tenure of Gurdeep Singh as Chairman and Managing Director (CMD) of NTPC by one year, an official notification said.

Singh who was due to retire on July 31, will now lead the power giant for till July-end 2026. NTPC is India's largest power producing entity under Ministry of Power.

The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Ministry of Power for re-employment of Shri Gurdeep Singh as Chairman and Managing Director (CMD), NTPC (India) Limited on contract basis for a period of one year beyond the date of his superannuation i.e. w.e.f. 01.08.2025 till 31.07.2026, the Department of Personnel & Training said in a notification.

In May, the government headhunter PESB found none of the dozen candidates suitable for the role of chairman and managing director of India's biggest power producer NTPC, as its string of struggle in finding the right candidates for top job at PSUs continued.

The Public Enterprise Selection Board (PESB) interviewed a dozen candidates -- half of them directors on board of NTPC and other state-owned firms -- but found none suitable for the CMD's post.