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People: NTPC Ltd (NTPC.BO)

NTPC.BO on Bombay Stock Exchange

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Biswal, Kulamani 

Shri. Kulamani Biswal is Director - Finance, Director of the Company. He is a Commerce Graduate from Utkal University is a fellow in Cost Accountancy along with having distinct professional qualifications of MBA from New Port University, California, USA; LLB from Sambalpur University and Diploma in Financial Management from IGNOU. The most attributable features of Shri Biswal having been bestowed upon the present responsibilities are his flair in financial fundamentals; updated knowledge base and knack in business networking. Shri Biswal started his career with Coal India Limited in 1985. Later he joined Orissa Electricity Regulatory Commission at Director level in 1997. In 2004, he was appointed as Chief (Finance), Central Electricity Regulatory Commission (at the level of Joint Secretary to the Government of India). In CERC, he played a key role in formulation of Tariff Regulations 2009-14 and formation of new company called POSOCO to take care of System Operation and Load Dispatch activities. He also acted as Internal Financial Advisor in CERC as an added responsibility. Prior to joining NTPC, he was Director (Finance) in Mahanadi Coalfields Limited (MCL) since October 2010. In MCL, he was responsible for the entire Financial Management of the company including treasury, investments, accounting, internal control systems, budgetary controls and corporate governance. He played a pivotal role in making MCL as second largest coal company in India in terms of production and profitability.

Basic Compensation

Total Annual Compensation, INR 3,520,450
Restricted Stock Awards, INR --
Long-Term Incentive Plans, INR --
All Other, INR --
Fiscal Year Total, INR 3,520,450

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --