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Adani Power stated on Tuesday that Shersingh Khyalia has been appointed as the company's chief executive officer (CEO) with effect from today, 11 January 2022.
"Appointment with effect from January 11, 2022, has been approved by the Board of Directors of the Company in its Board Meeting held on January 11, 2022," Adani Power Limited (APL), a part of Gautam Adani-led Adani Group said in a regulatory filing.
Shersingh B. Khyalia is a Chartered Accountant (CA) with more than 32 years of expertise in power industry management, encompassing generation, transmission, and distribution. According to the organisation, his experience includes power trading, legal, regulatory, and commercial, finance and accounts, and PPA management components of the power sector.
Khyalia formerly worked for Gujarat Power Corporation as the Managing Director, where he gained experience in the renewable energy sector, particularly in the creation of ultra-mega renewable parks. He has served on the boards of various electricity distribution businesses over his nearly three decades in the industry, including Power Exchange (India) Ltd., Paschim Gujarat Vij Company Ltd., Uttar Gujarat Vij Company Ltd., and others.
On the BSE, Adani Power's stock closed at Rs 109.60 a share on Tuesday.