In a move that underscores Sarda Energy & Minerals Limited’s push to sharpen its power portfolio, the company announced the appointment of Partha Sarthi Dutta Gupta as Executive Director – Power & Corporate Affairs, effective 3 April 2026. A veteran engineer with about 46 years in the power sector, Gupta brings a deep reservoir of expertise from roles across major power programs, including 28 years with NTPC, and most recently served as Wholetime Director at Madhya Bharat Power Corporation Ltd., a subsidiary of Sarda Energy & Minerals. The leadership change signals a deliberate focus on steering the thermal power division while aligning corporate affairs with rapid growth plans.
Beyond leadership moves, the board also signalled its growth ambitions through two major strategic decisions. First, it approved the incorporation of a new promoter-group company, Chhatisgarh Investment Ltd., to spearhead a real estate development venture in which Sarda will hold a 50% stake. The venture plans to deploy an estimated ₹25 crore to advance investment properties and improve realisation, signaling a diversified approach to capital allocation alongside core energy assets.
In a parallel strategic thrust, Sarda Energy & Minerals, via its Wholly Owned Subsidiary – Sarda Energy Limited (SEL), approved the acquisition of a majority stake in Adishankar Khuitam Power Pvt. Ltd. (AKPPL), a hydro power player with rights to develop a 66 MW project in Arunachal Pradesh. The deal, valued at an enterprise value of ₹25 crore and to be paid in cash, is subject to regulatory approvals and pre-conditions agreed with AKPPL’s promoters. This acquisition is designed to broaden the group’s green-energy portfolio and accelerate its move into diversified, low-emission generation capacity.
Taken together, the announcements reflect a leadership-driven strategy at Sarda Energy & Minerals: strengthen the executive bench at the power and corporate- affairs helm while pursuing inorganic growth in both real estate and renewable energy. Gupta’s track record in power operations positions him to shepherd the company through an era of expanded capacity and capital-intensive projects, as the group positions itself for a more integrated energy-and-infrastructure footprint.