Eye On The Future

Gurdeep Singh has proved his mettle as cmd of ntpc by steering the company from coal-based generation to green energy

- Dipak Mondal

BEST CEO

POWER SECTOR

Total Income/ 3-yr CAGR

₹1,04,421.37 cr/9.66%

PBIT/ 3-yr CAGR

₹26,093.8 cr/15.18%

PAT/ 3-yr CAGR

₹10,112.81 cr/2.52%

3-yr Average TSR

-19.94%

Average Market Cap Y-o-Y Growth *

-19.37%

ROE/ ROCE

9.32%/9.91%

CASH/ DEBT

₹2,209.11 cr/ ₹1,66,742.98 cr

Net Profit Margin

10.35%

*For Oct 2019-Sep 2020; Standalone data; Total Income, PBIT & PAT net of extraordinary items; TSR: Total shareholder returns; Source: ACE Equity

Gurdeep singh, Chairman and Managing Director (CMD) of NTPC Ltd, recently got a five-year extension till July 2025, making him one of the longest serving CMDs of the country’s largest power generator. This is an acknowledgment of his role in maintaining NTPC’s leadership in the power sector at a time when most other players (especially in non-renewable power) are struggling with mounting debt, falling tariffs and competition from new renewable energy players. It is also a result of his successful efforts to pivot NTPC from coal to green energy.

Singh was appointed CMD of NTPC in February 2016. Before that, he was Managing Director of Gujarat State Electricity Corporation Ltd. “He knows the power sector inside out, having worked in different areas — business development, project execution and operations — over his 33-year career,” an NTPC official says on condition of anonymity.