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Leadership

Tata Power Names Sanjay Banga as CEO-Designate; Set to Take Charge in May 2027

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Tata Power Names Sanjay Banga as CEO-Designate; Set to Take Charge in May 2027

The renewable energy business head will succeed Praveer Sinha as CEO and Managing Director, bringing over three decades of experience across India’s power and utilities sector.

Tata Power has appointed Sanjay Banga as its Chief Executive Officer (CEO)-Designate, setting the stage for a leadership transition at the integrated power company in May 2027.

The company’s board approved Banga’s appointment as an Additional Director and CEO-Designate with effect from November 11, 2026. He is scheduled to assume the role of CEO and Managing Director for a five-year term beginning May 1, 2027, and ending April 30, 2032, subject to shareholder approval.

Banga currently serves as the CEO and Managing Director of Tata Power Renewable Energy Limited (TPREL) and holds the position of President – Renewables at Tata Power. His appointment brings an experienced internal leader into the company’s top executive role as it continues to expand its presence across conventional and renewable energy businesses.

A Career Spanning More Than Three Decades in the Power Sector

Banga brings over 30 years of experience across electricity generation, transmission, distribution and renewable energy. His professional journey includes senior responsibilities in operations, commercial management, business development, project execution and regulatory affairs.

Before leading Tata Power’s renewable energy business, he served as President of the company’s Transmission and Distribution businesses. His responsibilities covered distribution operations across Odisha, Mumbai, Delhi and Ajmer, along with transmission assets and operations in multiple regions.

He also served as Chief Executive Officer of Tata Power Delhi Distribution Limited (TPDDL), a public-private partnership between Tata Power and the Government of the National Capital Territory of Delhi.

From NTPC to Tata Power’s Leadership Team

Banga began his professional career as an Engineer Trainee at National Thermal Power Corporation (NTPC) in 1989. During his tenure until 1995, he worked on the operation and commissioning of super thermal power projects.

He subsequently joined Reliance Energy, formerly BSES Limited, in 1996, where he worked across thermal power generation functions, including operations, maintenance, planning, design and project engineering. He remained with the organisation until 2003, before joining Tata Power Delhi Distribution.

His educational qualifications include an engineering background from the National Institute of Technology, Kurukshetra, and an MBA from the Faculty of Management Studies, University of Delhi. He has also completed the Senior Executive Leadership Program at Harvard Business School.

Leading Tata Power Through Its Next Growth Phase

The leadership transition comes as Tata Power continues to strengthen its renewable energy portfolio while expanding its presence across power generation, transmission, distribution, solar manufacturing and consumer-facing energy solutions.

The company is investing in renewable energy capacity, rooftop solar installations, energy storage and infrastructure projects as India’s electricity sector undergoes a broader transformation.

Banga’s experience across both conventional power operations and renewable energy businesses positions him to take on a leadership mandate spanning multiple segments of the electricity value chain.

He will succeed Praveer Sinha, whose current term as CEO and Managing Director concludes on April 30, 2027.

The appointment marks an important leadership transition for Tata Power as it prepares for its next phase of growth in India’s evolving energy landscape.