Tata Power on Wednesday said it had appointed Deepesh Nanda as the president-renewables and CEO and MD of Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, with effect from November 1.
Nanda has worked in companies like GE, Flowserve and Tyco. He joined Tata Power from GE Gas Power, where he was the CEO for South Asia, overseeing operations in India, Bangladesh, Sri Lanka, Mauritius and Nepal. He was additionally the president & CEO of GE’s Aero-derivative Gas Turbine business segment for Asia.
In his new role, 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, the company said.
He is an alumnus of Annamalai University, India, from where he graduated in mechanical & production engineering. He then pursued an MBA from the Open University Business School, Milton Keynes, UK, and has undergone leadership training at GE Crotonville.
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 company has moved Ashish Khanna, a Tata Power veteran, 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.