Tata Power Company Limited Appoints Sanjay Banga as Next Managing Director and CEO

Sanjay Banga takes on the role of CEO Designate ahead of his appointment as Managing Director and Chief Executive Officer in May 2027, bringing more than three decades of experience in the power and renewable energy sectors.

The Tata Power Company Limited has announced the appointment of Sanjay Banga as its next Managing Director and Chief Executive Officer. Banga was appointed Additional Director and CEO Designate effective November 11, 2026. He will officially assume the responsibilities of Managing Director and CEO on May 1, 2027, for a five year term ending April 30, 2032, subject to shareholder approval.

Banga currently serves as the Managing Director and Chief Executive Officer of Tata Power Renewable Energy Limited and President of Renewables at Tata Power. With more than three decades of experience in the energy industry, he has held several senior leadership positions across power generation, transmission, electricity distribution and renewable energy operations.

Before his current role, Banga led Tata Power’s transmission and distribution businesses and served as CEO of Tata Power Delhi Distribution Limited. He began his professional career at NTPC in 1989 and subsequently worked with Reliance Energy, gaining extensive experience in power project engineering, operations and management.

Banga graduated from the National Institute of Technology, Kurukshetra and earned an MBA from the Faculty of Management Studies at the University of Delhi. He also completed the Senior Executive Leadership Program at Harvard Business School.

His appointment represents an important leadership transition for Tata Power as the company continues expanding its renewable energy operations and strengthening its position in India’s evolving energy sector.