The government has cleared the appointment of K Sreekant, Director (Finance) Powergrid Corporation as Chairman and Managing Director, Powergrid Corporation. Earlier he was serving as Director (Finance) in the company. He also served as General Manager (Finance), NTPC.
Sreekant is BCom (Hons), CMA and PGDM (Finance) from Management Development Institute, Gurgaon. He has more than thirty-one years of experience in the power sector involving all facets of finance and accounting function and in particular, long-term financial planning, investment appraisals, formulation of capital budgets, resource mobilisation from domestic and international markets and corporate accounts. He was appointed as a Director on the board in September, 2016.