Tata Power Appoints Sanjay Banga as Next CEO & Managing Director
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Nov 2026 : The Tata Power Company Limited has named Sanjay Banga as its Chief Executive Officer Designate. Approved by the Board of Directors following recommendations from the Nomination and Remuneration Committee, Banga joins the board as an Additional Director effective November 11, 2026.
This sets the stage for a smooth six-month leadership transition. Banga will officially step into the top role as CEO and Managing Director for a five-year term running from May 1, 2027, through April 30, 2032, pending customary shareholder approval.
Banga is no stranger to the Tata Power ecosystem, bringing over three decades of deep operational and commercial expertise across India’s power sector. Currently serving as President - Renewables at Tata Power and CEO & MD of Tata Power Renewable Energy Limited, he has been at the forefront of the company’s green energy pivot. Prior to steering renewables, he led Tata Power’s Transmission and Distribution (T&D) vertical, overseeing critical power networks across Odisha, Mumbai, Delhi, Ajmer, and Uttar Pradesh, including Powerlinks Transmission Limited. His tenure also includes serving as CEO of Tata Power Delhi Distribution Limited (TPDDL), a flagship public-private joint venture with the Delhi government.
Before joining TPDDL, Banga built a strong technical foundation in thermal power. He kicked off his career at the National Thermal Power Corporation Limited (NTPC), followed by a stint at Reliance Energy (formerly BSES Limited).
On the academic front, Banga holds an engineering degree from the National Institute of Technology (NIT), Kurukshetra, an MBA from the Faculty of Management Studies (FMS), University of Delhi, and is an alumnus of Harvard Business School’s Senior Executive Leadership Program.
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