Power Grid Appoints New Director (Finance)

Power Grid Corporation of India Limited (POWERGRID) has announced the appointment of Shri Amol Babulal Taori as its new Director (Finance). This significant management transition is effective August 18, 2026.

Reader Takeaway: Experienced finance professional appointed; ensures continuity in financial operations.

What just happened

The Board of Directors at POWERGRID has officially approved the appointment of Shri Amol Babulal Taori to the key financial role. This decision follows an order from the Ministry of Power dated August 12, 2026.

Why this matters

The appointment of a dedicated Director (Finance) is crucial for the company's strategic financial planning, treasury management, and overall fiscal health. Shri Taori's extensive experience is expected to provide stability and drive financial growth.

The backstory

With this new appointment, Dr. Yatindra Dwivedi, who was serving as Director (Personnel), has now relinquished his additional charge of Director (Finance). This marks the end of the interim arrangement.

What changes now

Shri Taori will lead the finance function for a term of five years from his assumption of charge, or until further orders. His responsibilities will include overseeing all financial operations, treasury, and risk management.

Profile of Shri Amol Babulal Taori

Shri Taori is a Chartered Accountant with almost three decades of professional experience. His expertise spans across various domains including Finance, Treasury, International Trade, Marketing, and Compensation Management. Before joining POWERGRID, he held a significant role as Executive Director (In-charge) – International Trade at Hindustan Petroleum Corporation Limited (HPCL). At HPCL, he was involved in critical areas such as crude procurement, import/export of products, chartering, and managing oil price risks. He also managed substantial corporate treasuries and represented HPCL in international financial markets.