Reliance Group companies, Reliance Power Ltd. and Reliance Infrastructure Ltd., have reconstituted their boards, elevating four senior executives to the board of directors, as part of their Vision 2030 growth strategy.
The newly appointed directors at Reliance Power include Ashok Pal, Chief Financial Officer (CFO) of Reliance Power, who has been promoted to Executive Director. Sachin Mohapatra, CEO of Sasan Power Ltd., and Harmanjit Singh Nagi, President of Corporate Development at Reliance Power, have been appointed as Additional Directors. At Reliance Infrastructure, Partha Sarma, President of Group Corporate Development, has been appointed as an Additional Director.
The restructuring aims to position the boards with leadership aligned with the group’s Vision 2030 strategy, focusing on growth and innovation. This move emphasizes the group’s commitment to rewarding internal talent, recognizing proven leadership, and fostering a culture of sustained growth. The newly appointed directors bring hands-on experience, with expertise in key sectors such as finance, power, energy, and environmental sustainability.
Ashok Pal, a Chartered Accountant with over 25 years of experience in finance, taxation, and compliance, has been with Reliance Power for over seven years. As CFO, he has contributed significantly to the company’s financial strategies. Sachin Mohapatra, who has been with the group for eight years, has led the 4000 MW Sasan Power UMPP, one of the world’s largest integrated coal-based power plants. His leadership has helped position Sasan as one of India’s top sustainable plants.
Harmanjit Singh Nagi brings more than three decades of expertise in strategic leadership and business development, particularly in green energy initiatives, including large-scale solar and hydroelectric projects. Partha Sarma, associated with Reliance Group for more than six years, has significant experience in global business leadership, particularly in financial services, defense, and infrastructure.
The restructuring aligns with the companies’ plans to target significant investments in renewable energy and new technologies, ensuring the group remains competitive and future-ready. The newly established Reliance Group Corporate Centre (RGCC) will provide strategic guidance to these newly appointed directors, ensuring a smooth integration into their leadership roles.
