SJVN Limited has named Parthajit De as Executive Director (Finance) on the company’s board, with effect from March 19, 2026, for a five-year term or until further orders. The appointment, announced in line with regulatory norms, follows a ministry-level decision and marks a deliberate shift to strengthen the company’s financial leadership at the top echelons of governance. In the same notice, Sipan Kumar Garg ceases to hold the additional charge of Director (Finance) and Chief Financial Officer, paving the way for a new leadership chapter in SJVN’s finance function.
Parthajit De brings nearly three decades of financial leadership to SJVN. He is a Fellow Member of the Institute of Cost Accountants of India (ICMAI), a Chartered Financial Analyst, and a CGMA holder from the Chartered Institute of Management Accountants (UK). Before this appointment, he headed Corporate Accounts & Policy, Corporate Tax Cell, and Employment Benefit Trusts at NHPC Limited’s Corporate Office, and served as a nominee Director on the board of Loktak Downstream Hydroelectric Corporation Ltd. His diverse experience spans corporate accounts, taxation, tariff regulations, and governance—areas central to steering a Navratna PSU through ambitious project development and disciplined financial stewardship.
His career trace reads like a tour through major NHPC projects and corporate finance, from Rangit in Sikkim and Teesta Low Dam in West Bengal to the Siang Basin in Arunachal Pradesh and beyond. At NHPC’s Corporate Office, he led efforts around the first-time adoption of Ind AS in 2016-17 and later steered revisions of finance manuals and tariff accounting frameworks. With almost 30 years of post-qualification experience, De is positioned to implement processes and systems that reduce risk, optimize resource use, and bolster transparency—qualities that SJVN will likely lean on as it pursues expansion in the power sector while navigating complex financial and regulatory landscapes.