New Delhi, October 2026: The power-sector public enterprise landscape has witnessed an important board-level development with Amol Babulal Taori, Director (Finance) and Chief Financial Officer of Power Grid Corporation of India Limited (POWERGRID), being appointed as a Non-Executive Nominee Director on the Board of PTC India Limited.
The appointment, made as POWERGRID’s nominee, is effective from 23 October 2026. PTC India’s Board approved the appointment through a resolution passed on 16 October 2026. Taori succeeds Rajiv Kumar Rohilla as the POWERGRID nominee on the PTC India Board.
The appointment assumes significance because PTC India occupies a strategic position in India’s electricity market, while POWERGRID is central to the country’s transmission infrastructure. Bringing a senior finance professional from POWERGRID onto the PTC India Board further connects two important components of India’s power ecosystem—electricity transmission and power trading.
A Finance Leader With Nearly Three Decades of Experience
Amol Babulal Taori is a Chartered Accountant with nearly 30 years of professional experience spanning finance, treasury, international trade, marketing and compensation management. He currently serves as Director (Finance) and CFO of POWERGRID.
His professional background includes extensive experience in financial management and energy-sector operations. Before joining the POWERGRID Board, Taori served as Executive Director (In-charge) – International Trade at Hindustan Petroleum Corporation Limited (HPCL).
At HPCL, his responsibilities included crude oil procurement, product imports and exports, chartering and shipping arrangements and oil-price risk management. The company profile disclosed to the exchanges notes that he handled crude procurement of approximately 700,000 barrels per day, highlighting the scale of his exposure to international energy markets.
Taori also spent more than a decade managing one of India’s large corporate treasury operations. His experience included leading HPCL’s maiden US-dollar bond issue, facilitating foreign-currency swaps and revolving credit arrangements, and representing the company in global equity and debt roadshows. He has also served on the Board of HPCL Middle East FZCO in Dubai.
From POWERGRID Finance to PTC India Governance
Taori’s appointment at PTC India comes shortly after his elevation to the POWERGRID Board as Director (Finance). POWERGRID’s official disclosures show that he was appointed Director (Finance) in August 2026 and subsequently assumed the finance leadership role of the transmission major.
His movement into PTC India’s Board structure therefore represents more than a routine nominee-director appointment. It brings a senior finance executive with experience across energy markets, treasury, international transactions, risk management and corporate finance into the governance framework of a company whose core business is power trading.
This combination could be particularly relevant as India’s electricity market becomes increasingly interconnected, competitive and technology-driven.
PTC India: A Strategic Link in the Power Market
PTC India was established in 1999 as a Government of India-initiated public-private partnership with the objective of developing a commercially vibrant electricity market. The company describes itself as a pioneer in India’s power trading market.
Its activities include long-term and short-term power trading, renewable-energy solutions, cross-border electricity trade, project financing, energy-efficiency solutions and consultancy services.
PTC also has a role in electricity trade with neighbouring countries including Bhutan, Nepal and Bangladesh. The company holds a Category-I trading licence from the Central Electricity Regulatory Commission, allowing it to trade unlimited volumes of electricity.
The importance of power trading is increasing as India’s electricity system evolves. Regional differences between generation and consumption create opportunities for electricity to move between surplus and deficit areas. Power trading can therefore improve resource utilisation while supporting reliability and economic efficiency.
Governance Becomes Increasingly Important
The appointment of a senior finance professional assumes additional importance in a sector where companies must balance growth, capital requirements, risk management, regulatory compliance and financial discipline.
PTC India’s Board already brings together professionals from several major institutions and areas of expertise. Its current Board structure includes nominee directors from major power-sector organisations, independent directors and executive leadership.
Taori’s experience in treasury and international energy transactions can add another dimension to this governance framework. His background could be particularly relevant to areas such as financial risk, working-capital management, market exposure, international transactions and strategic investment decisions.
Power Sector Is Entering a New Phase
India’s power sector is undergoing a structural transformation. Rising electricity demand, renewable-energy expansion, grid modernisation, energy storage, cross-border electricity trade and the increasing use of market mechanisms are changing the operating environment for power-sector companies.
For PTC India, this creates opportunities as well as challenges. The company has to operate in an increasingly sophisticated electricity market while managing counterparty, regulatory, price and liquidity risks.
The experience of senior executives with exposure to both conventional energy businesses and sophisticated financial markets can become increasingly valuable in this environment.
What Taori’s Appointment Could Mean
From a governance perspective, Taori’s appointment strengthens the institutional connection between POWERGRID and PTC India. POWERGRID’s transmission network provides the physical backbone of India’s electricity system, while PTC operates within the commercial power-market ecosystem.
The combination highlights the growing importance of integrated financial and commercial thinking in India’s energy sector.
For professionals in finance, accounting and corporate governance, the appointment also demonstrates how modern PSU leadership increasingly extends beyond traditional accounting functions. Finance leaders are becoming strategic participants in treasury, risk management, international business, capital raising and board-level decision-making.
The Worldonomics Times Perspective
Amol Babulal Taori’s appointment as POWERGRID’s nominee on the PTC India Board comes at a time when India’s electricity sector is moving toward a more market-oriented, interconnected and diversified future.
His nearly three decades of experience across finance, treasury, international trade and energy-sector operations provides a strong professional foundation for contributing to board-level deliberations at PTC India.
As India’s power demand expands and the electricity market becomes more dynamic, the effectiveness of institutions such as PTC India will depend not only on trading capabilities but also on financial discipline, risk management, governance quality and strategic foresight.
Taori’s appointment therefore represents an important development in PSU governance and India’s evolving power-sector architecture—connecting financial leadership with the commercial mechanisms that help move electricity across one of the world’s fastest-growing energy markets.
The Worldonomics Times will continue tracking key PSU appointments, boardroom developments and the growing role of finance professionals in India’s public-sector economy.
