Leadership

Mr. Puneet Munjal is Chief - Power Management, Business Development and Contracts at Tata Power-DDL and spearheads the company’s forays into newer domains and geographies. With a career spanning over thirty years, entirely in the Power Sector, Mr. Munjal brings with him a rich experience in diverse areas like Financial Management, Business Development, Regulatory Affairs and Corporate Strategy.

Starting his career with a leading Public Sector Power Company in India, viz. NTPC Ltd., he moved to the Private Sector in 1997 when he joined an Independent Power Producer (IPP) with majority stake of US based Investors. In 2001, Mr. Munjal moved to BSES in Business Development and was responsible for due diligence of various opportunities including the Delhi Distribution Privatization. From 2003 to 2013, Mr. Munjal handled various responsibilities including Finance, Regulatory Affairs, Power Management and Corporate Strategy in Tata Power-DDL. During this stint, he was instrumental in drafting, negotiating and finalizing Bankable Power Purchase Agreements aggregating to approximately 1500 MW of Generation Capacity with various Public Sector Generating Companies and IPPs. In addition to this, he handled Corporate Finance & Regulatory Affairs and was responsible for the formulation of operational plans and preparation, filing & piloting the company’s Tariff Petitions with the Regulatory Authorities. Mr. Munjal also worked extensively in the area of Business Development with emphasis on Project Finance including Mergers & Acquisitions, Financial Modelling, Risk Analysis and Project Documentation.

In October 2013, Mr. Puneet Munjal moved to Tata Power-DDL’s parent company viz. The Tata Power Company Ltd., working in different capacities, first as Head of Commercial, where amongst others, he was responsible for formulation, negotiation, execution and ensuring compliance of Power Purchase Agreements for Tata Power as well as its Associates/JV Companies. He was also actively involved in advocacy for formulation of Power Purchase Agreements under the bidding guidelines notified by the Government of India. Mr. Munjal was then returned back to Tata Power Delhi Distribution Ltd. In 2018.

Mr. Puneet Munjal is actively involved in advocacy and policy formulation in the power sector and is a member of various committees and task forces constituted by Industrial Bodies such as CII, FICCI, ASSOCHM etc.

Mr. Puneet Munjal is an alumnus of Faculty of Management Studies with Finance as major.

Mr. Hemant Goyal is the Chief Financial Officer of Tata Power-DDL. He brings with him over three decades of experience in the Power and Telecom sectors. He had earlier served at various senior level positions in BSES Rajdhani Power Limited, Bharti Airtel and Modi Korea Telecom. His expertise lies in putting the financial systems and policies in place for new ventures and organisation restructuring for strong fiscal controls and good corporate governance in the interest of all stakeholders, including planning and crisis management in a scenario of huge regulatory asset.

He has been an active policy advisor on Financial Accounting, Taxation and Sectoral Issues & Challenges to the Government, Professional Institutions and Regulatory Bodies.

Mr. Goyal is a qualified Chartered Accountant (1991 batch) and Commerce graduate from Rajasthan University. He is also an active member in various apex industrial forums like FlCCI, PHDCCI etc. He has honed his management and leadership skills at Michigan Ross School of Business and Tata Management Training Centre (TMTC).

Mr. Sushil Kumar Srivastava is the Chief - HR & Administration at Tata Power-DDL and spearheads Human Resources, Industrial Relations, Talent Development, Health Services and Administration. Mr Srivastava carries a rich and varied experience spanning over three decades in various sectors including mining, chemicals, fertilizers and utility sectors.

He has been associated with Tata Power-DDL since 2007 and has been responsible for shaping a viable and effective people strategy and building the organisation as a prominent employer brand. He has been instrumental in the transformational journey of Tata Power-DDL by enhancing engagement of employees and deploying robust Performance Management system; Learning & Development system and sprucing up seamless communication between the management and the employees. Today, Tata Power-DDL has been acknowledged amongst India’s Best Companies to work for Women and also ranked 4th Best Companies to work for the employees in India by Great Places to Work Institute. His initiatives have helped Tata Power DDL to prepare talent for the next spurt of business growth.

Mr. Srivastava is also a certified Senior Business Leader in the Tata Business Excellence Model (TBEM), a unique assessment model adopted by the Tata Group for promoting strong participative culture, focused on change management and innovation. He is an alumnus of Lucknow University and The Indian Institute of Social Welfare & Business Management, Kolkata. He has been associated with the National Instituted of Personnel Management (NIPM) Delhi Chapter for several years.