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Rajeev Sharma takes over as Managing Director of PFC

 Agencies |  2016-10-03 23:17:02.0  |  New Delhi

Rajeev Sharma takes over as Managing Director of PFC

Shri Rajeev Sharma, has taken over the charge of ‘Chairman and Managing Director’ of Power Finance Corporation Ltd (PFC) with effect from 1st October, 2016. Shri Sharma succeeds Shri M.K. Goel who retired on 30th September, 2016 on attaining the age of superannuation.

Prior to joining PFC, Shri Sharma was the Chairman and Managing Director of Rural Electrification Corporation Ltd (REC).

Under his dynamic leadership, Shri Sharma helped REC scale greater heights in excellence by doubling the revenue and profits in the last five years. He was Business Today’s choice of ‘Best CEO’ of a PSU. Shri Sharma is considered the architect of Government’s flagship schemes like DDUJY, RGGVY and RAPDRP. 

Shri Rajeev Sharma holds B.Tech (Electrical) and Masters Degree in Engineering from IIT Roorkee and also Masters Degree in Business Administration from FMS, Delhi University. Shri Sharma has more than 30 years of experience and has served in various positions in CEA, Ministry of Power, POWERGRID& PFC (as Director, Projects). 

In CEA, he was involved with the design, engineering and consultancy of NathpaJhakri HE Project (1500 MW). During his tenure as Deputy Secretary in the Ministry of Power, important projects like 2000 MW Talcher- Kolar HVDC Bipole and Tala Transmission System (first public private partnership) of POWERGRID were approved by the Government.

 He has also looked after APDRP, Rajiv Gandhi GrameenVidyutikaranYojna (RGGVY) apart from THDCIL, NEEPCO, BBMB and SJVNL.

Sharma succeeds M K Goel who retired on September 30, 2016 on attaining the age of superannuation.

Prior to joining PFC, Sharma was the CMD of Rural Electrification Corporation (REC). Under his leadership, REC scaled greater heights in excellence by doubling the revenue and profits in the last five years.

He is considered the architect of Government’s flagship schemes like Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY), the company said in a statement.

Sharma holds B Tech (Electrical) and Masters Degree in engineering from IIT Roorkee and also an MBA degree from FMS, Delhi University.

He has more than 30 years of experience and has served in various positions in Central Electricity Authority (CEA), Power Grid Corporation & PFC (as Director, Projects).

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