India, July 21 -- The government has approved the restructuring of the boards of THDC India Ltd (THDCIL) and North Eastern Electric Power Corporation (NEEPCO), both subsidiaries of state-run energy major NTPC.
According to an official document, the Ministry of Power (MoP) proposed key changes, including the appointment of a non-executive Chairperson and the re-designation of the CMD post to Managing Director (MD) for both entities.
Following the approved restructuring, the CMD of NTPC will serve as the non-executive Chairperson of both THDCIL and NEEPCO. Meanwhile, Managing Directors for the two companies will be appointed in accordance with the Department of Public Enterprises (DPE) guidelines, through the Public Enterprises Selection Bo...