Tata Power Co Ltd named Sanjay Banga as chief executive and managing director for a five-year term on Wednesday, alongside posting a 49% jump in second-quarter profit. The energy firm benefited from recovering power generation and expansion in its renewable business across India. The appointment positions Banga to take over the leadership role starting May 1, 2027.
Tata Power Names Sanjay Banga CEO and Posts Profit Jump
Tata Power appointed Sanjay Banga as its new chief executive officer for a five-year term starting next year. The company also reported a nearly 49 percent rise in second-quarter profit, driven by recovering power generation and expanding renewable energy operations.
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