- The Board of Directors of Adani Power Limited (APL), a subsidiary of Adani Group, approved the appointment of Shersingh B Khyalia as the Chief Executive Officer (CEO) of Adani Powers with effect from 11th January 2022.
- Shersingh B Khyalia is a Chartered Accountant, who has served as the Managing Director in Gujarat Power Corporation and brings with him over 32 years of rich experience in managing complex business in power industry, including generation, transmission and distribution.
- Earlier, Khyalia has worked as Managing Director in Gujarat Power Corporation, where he got experience of the Renewable Power Sector especially the development of Ultra Mega Renewable Parks.
- Shersingh B Khyalia is not related inter-se to any of the Directors of the Company.
- Adani Power Ltd ended at Rs108.15 per share down by Rs0.7 or 0.64% from its previous closing of Rs108.85 per share on the BSE.
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About Adani Power
Adani Power Limited is an Indian power business subsidiary of Indian conglomerate Adani Group with head office at Khodiyar in Ahmedabad, Gujarat. It is a private thermal power producer, with capacity of 12,450 MW.It also operates a mega solar plant of 40 MW at Naliya, Bitta, Kutch, Gujarat. It is India’s first company that synchronises the supercritical technology. Adani Power was started as a power trading company in 1996.
Originally published at https://www.crackyourtarget.com on January 18, 2022.
