Appointments
ECONOMY & POLICY

Appointments

1. Infrastructure Leasing & Financial Services (IL&FS) appointed former IAS officer Nagaraju Maddirala as Chairman and Managing Director for a two-year term. A 1993-batch IAS officer, Maddirala succeeds Nand Kishore and assumes leadership as the in...

1. Infrastructure Leasing & Financial Services (IL&FS) appointed former IAS officer Nagaraju Maddirala as Chairman and Managing Director for a two-year term. A 1993-batch IAS officer, Maddirala succeeds Nand Kishore and assumes leadership as the infrastructure financier continues its resolution and asset monetisation process.2. Petronet LNG appointed Sanjay Kumar as Managing Director and Chief Executive Officer, effective 13 May 2027. Currently Director (Marketing) at GAIL (India), Kumar brings over 35 years of experience across the natural gas and LNG sectors. The board approved his appointment on 2 October 2026.3. Cummins India appointed Gbile Adewunmi as Managing Director and India Regional Leader, effective 1 November 2026. Currently Vice President, Power Systems Industrial Markets, he will oversee regional operations while continuing to lead the company's industrial markets business. 4. Reliance MET City appointed Manish Jaiswal as Chief Executive Officer to oversee business growth, investments and strategic partnerships across its integrated industrial and urban development platform. Jaiswal brings over 20 years of real estate experience, including leadership at Eldeco Group.

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Essar Signs PPA for 300 MW Hybrid Renewable Energy Project

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India Reaffirms Commitment to Global Solar Cooperation

India has reaffirmed its commitment to international solar cooperation and the equitable distribution of the benefits of renewable energy development, Union Minister for New and Renewable Energy Pralhad Joshi said in New Delhi. His remarks followed the Bharat Renewable Energy Summit and Expo 2026, where he highlighted India’s election as president of the International Solar Alliance (ISA) for a third consecutive term. Joshi said discussions at the event had reinforced the need to move from solar commitments to investments, partnerships to projects, and ambition to measurable impact. He said ..

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CERC Adopts Tariffs for SECI's 400 MW Solar Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs for 400 MW of solar power capacity under a petition filed by the Solar Energy Corporation of India (SECI). The order, issued on November 2, 2026, covers projects being developed through special purpose vehicles of Azure Power India, with electricity scheduled for supply to Tata Steel and the West Bengal State Electricity Distribution Company. The tariff adoption follows a global competitive bidding process launched by SECI on June 25, 2019. The tender covered 7 GW of inter-state transmission system-connected solar power p..

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