Current Affairs-Topics

Reliance Power has named Neeraj Parakh as its new Chief Executive Officer (CEO) and Executive Director.

Reliance Power has appointed Neeraj Parakh as its Executive Director and CEO, starting January 20, 2025, for a three-year term. Parakh brings over 29 years of experience and has played a key role in leading significant power and renewable energy projects within the Reliance Group.

Reliance Power Limited has appointed Neeraj Parakh as its Executive Director and CEO, effective January 20, 2025, for a three-year term, pending shareholder approval.

Professional Experience and Contributions
Parakh brings over 29 years of experience, with more than 20 years spent at Reliance Group. He joined in June 2004 as an Additional Manager in the Central Technical Services team at Reliance Infrastructure. Throughout his career, he has taken on key roles in planning, project oversight, technical services, operations, maintenance, procurement, and indirect taxation. His leadership has been crucial in the successful completion of large-scale projects, including:

  • Thermal Power Projects: Yamuna Nagar, Hisar, Rosa, Sasan, and Butibori.
  • Renewable Energy Initiatives: Solar Photovoltaic (PV) and Concentrated Solar Power (CSP) projects.

These efforts have contributed over 10 GW of power generation, with a total capital investment of ₹50,000 crore.

Academic Background
Parakh holds a Bachelor’s degree in Production Engineering from Yeshwantrao Chavan College of Engineering (YCCE), Nagpur (1993), and an MBA from Welingkar Institute of Management, Mumbai (1996).

Leadership and Strategic Initiatives
Parakh has been instrumental in:

  • Technology Selection: Promoting the use of advanced and efficient technologies in various projects.
  • Vendor Localization: Strengthening local vendor networks to reduce dependency on imports, thus improving operational self-sufficiency and sustainability.
  • Regulatory Compliance: Managing complex regulatory and tax issues to ensure smooth project execution and compliance.

His collaborative and assertive leadership has built strong relationships with both internal and external stakeholders, fostering team development and growth.

Future Vision
Under Parakh’s leadership, Reliance Power is set to further solidify its position in the energy sector, with an emphasis on sustainable growth and operational excellence. His wealth of experience and strategic vision will be key to driving the company’s future success.

More Related Articles

PAHAL Scheme LPG Subsidy 2025

In 2025, the Government of India ramped up efforts to ensure fair and transparent distribution of the PAHAL Scheme LPG Subsidy. With over 4 crore duplicate or inactive gas connections deactiv

India Revives Sawalkote Dam Project

India has recently revived the Sawalkote Dam Project, a major hydropower initiative on the Chenab River in Jammu and Kashmir. This project, first proposed over six decades ago, had been stalled du

Amit Shah’s Legacy as Home Minister of India

In a major political milestone, Amit Shah, the current Home Minister of India, became the longest-serving Home Minister of India on August 6, 2025. He surpassed senior BJP leader L.K. Advani by co

MCA Internship Scheme Sees 41% Rise

The MCA Internship Scheme, launched by the Ministry of Corporate Affairs (MCA), is a national initiative under the Prime Minister’s Internship Scheme (PMIS). It is designed to provide hands-

Indian Army Agnishodh

In a groundbreaking move, the Indian Army has launched two major technological initiatives — Indian Army Agnishodh and Project SAMBHAV. These projects represent a significant step in mo

SPYDER Missile System 2025

The SPYDER Missile System (Surface-to-air PYthon and DERby) is a highly advanced air defence system developed by Rafael Advanced Defense Systems of Israel. This surface-to-air missile (SAM) system

ISRO HOPE Mission in Ladakh

The ISRO HOPE Mission has captured national attention after the Indian Space Research Organisation (ISRO) launched a 10-day high-altitude isolation experiment on August 1, 2025. This mission, cond

Bhutan Hydropower Project with Tata Power

The Bhutan hydropower project has emerged as a critical development in regional affairs with the launch of the Dorjilung Hydropower Project—a joint venture between Bhutan’s Druk Green

India’s Samarth Scheme for Textiles

The Samarth Scheme for Textiles is a flagship skill development initiative launched by the Government of India to strengthen the human resource foundation of the Indian textile industry. In 2

OTT Content Regulation in India

With the rapid growth of digital streaming services like Netflix, Amazon Prime Video, and Disney+ Hotstar, OTT content regulation has become a key area of governance in India. The government has i

Toppers

anil kumar
Akshay kuamr
geeta kumari
shubham