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Biswal is new DT (Finance) of NTPC

09 Dec 2013

December 9: Kulamani Biswal has taken over as Director (Finance) on the board of NTPC Ltd with effect from today.

A commerce graduate from Utkal University and fellow member of the Institute of Cost Accountants of India, Biswal has done his LL.B. from Sambalpur University and post graduate diploma in financial management from Indira Gandhi National Open University, New Delhi.

He is an MBA from New Port University, California, USA.

Biswal (52 years) has experience of 28 years both in the coal and power sectors.

He was Director (Finance) at Mahanadi Coalfields Limited (MCL) since October 2010, managing finance, accounting and corporate governance functions of the company.

He played a pivotal role in making MCL the second largest coal company in India in terms of production and profitability.

He was Chief (Finance) at Central Electricity Regulatory Commission and contributed to the drafting of various regulations and policies for smooth functioning of the power sector from 2004 to 2010.