Mumbai: Tata Power, one of India’s largest integrated power companies, today announced the appointment of Mr. Deepesh Nanda as President-Renewables and CEO & MD of Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, with effect from November 1, 2023.
A distinguished leader in the energy sector, Mr. Nanda brings with him 28 years of extensive experience across companies like GE, Flowserve and Tyco. Mr. Nanda joins Tata Power from GE Gas Power, where he was the Chief Executive Officer for South Asia, overseeing operations in India, Bangladesh, Sri Lanka, Mauritius, and Nepal. He was additionally President & CEO of GE’s Aero-derivative Gas Turbine business segment for Asia. A distinguished alumnus of Annamalai University, India, Mr. Nanda graduated in Mechanical & Production engineering. He further pursued an MBA from the Open University Business School, Milton Keynes, UK, and has undergone extensive leadership training at GE Crotonville.
In his new role, Mr. Nanda will be responsible for driving the growth and profitability of Tata Power’s renewable energy portfolio, which encompasses solar, wind, hybrid, and B2C green energy solutions. He will also lead innovation and digital transformation initiatives in the renewable energy sector.
Commenting on the appointment, Dr. Praveer Sinha, CEO & MD of Tata Power, said, “We welcome Deepesh Nanda to the Tata Power family. His illustrious career and proven track record of delivering excellence make him a valuable asset as we chart our path toward leadership in the renewable energy domain. His expertise and vision will be instrumental as we aim to reinforce our position as the most preferred and trusted green energy solutions company.”
The key leadership change at Tata Power is to bring focus in different business and growth areas, with Mr. Ashish Khanna, a Tata Power veteran, moving as President to the important part of the Generation business cluster, which includes the company’s upcoming pumped hydro storage plants, hydro plants, and other new initiatives apart from the existing hydro and thermal plants in India and abroad.
Dr. Sinha extended his gratitude to Mr. Khanna, acknowledging the pivotal role played by him in the growth of Tata Power Solar and Renewables business to its current level and as one of the country’s leading renewable energy companies. Dr. Sinha said, “I would like to thank Ashish Khanna for his outstanding contribution to the growth and success of our renewable energy business over the last seven years. Under his leadership, TPREL has become one of the largest renewable energy companies in the country, with a portfolio of over 4 GW of operational and another 3 GW of under-construction projects. I am confident that he will give direction and growth in his new role in our Generation businesses.”
