Neeraj Parakh Appointed as CEO and Executive Director of Reliance Power
Reliance Power Limited has appointed Neeraj Parakh as its Executive Director and Chief Executive Officer (CEO), effective January 20, 2025, for a tenure of three years, subject to shareholder approval.
Parakh brings over 29 years of professional experience, with more than 20 years dedicated to the Reliance Group. He began his tenure in June 2004 as an Additional Manager in the Central Technical Services team at Reliance Infrastructure. Throughout his career, he has held pivotal roles in planning, project monitoring, technical services, operations, maintenance, procurement, and indirect taxation. His leadership has been instrumental in the successful execution of large-scale projects, including:
These initiatives collectively contribute over 10 GW of power generation, with a capital investment of ₹50,000 crore.
Parakh holds a Bachelor’s degree in Production Engineering from Yeshwantrao Chavan College of Engineering (YCCE), Nagpur (1993), and a Master’s in Business Administration (MBA) from Welingkar Institute of Management, Mumbai (1996).
Parakh has been pivotal in:
Technology Selection: Ensuring the adoption of advanced and efficient technologies across projects.
His collaborative and assertive leadership style has fostered strong relationships with internal and external stakeholders, promoting team growth and development.
With Parakh at the helm, Reliance Power aims to strengthen its position in the energy sector, focusing on sustainable growth and operational excellence. His extensive experience and strategic vision are expected to drive the company’s future endeavors.
| Why in News | Details |
|---|---|
| Neeraj Parakh Appointed as CEO of Reliance Power | Neeraj Parakh has been appointed as the CEO and Executive Director of Reliance Power, effective from January 20, 2025, for three years. |
| Professional Experience | Over 29 years of professional experience, with over 20 years in Reliance Group. |
| Key Projects Led | Led successful execution of projects including thermal power plants (Yamuna Nagar, Hisar, Rosa, Sasan, Butibori) and renewable energy ventures (Solar PV, CSP). |
| Capital Investment | Over ₹50,000 crore invested in power generation projects. |
| Educational Qualifications | Bachelor’s degree in Production Engineering from YCCE, Nagpur (1993); MBA from Welingkar Institute of Management, Mumbai (1996). |
| Leadership Contributions | Played a key role in technology adoption, vendor localization, and navigating regulatory compliance for large-scale projects. |
| Strategic Focus | Focus on operational excellence, sustainability, and strengthening the energy sector position. |
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