Director's Profile


Mr. Stephane Cai – Chairman (Non-executive)
Mr. Stephane Cai is the Commercial Solutions Vice President at Grid Solutions, a GE and Alstom joint venture in GE’s Energy Connections business. He joined GE’s Grid Solutions as the Vice President of Grid Products and Global Supply Chain Management, when it was formed in 2015.

He was with Alstom for 27 years. He began as a Turbine Commissioning Engineer and over a period of 14 years, he also worked as Technical Project Manager for Turbine-Generator Set, Product Manager for large Steam Turbines and Head of Steam Turbine Product Development. In 2000, he was appointed Head of Business Development & Marketing at ABB Alstom Power Headquarters, then Vice President Business Development at Alstom Power Hydro Business two years later.

He returned to operational roles as Managing Director, Alstom Power Hydro India in 2003, then CEO of Alstom Power Turbomachines USA in 2007. He was Chief Operating Officer of the Alstom Power’s Nuclear Business from 2010 and 2012. In 2012, he joined Alstom Grid as Vice President Near & Middle East based in Dubai. In 2014, he was appointed as Senior Vice President Grid Products based in Paris

He is a graduate of the Ecole Centrale Paris, France, with a degree in Mechanical Engineering and a PhD in Fluid Mechanics. He also holds an Executive MBA from HEC Paris, France.

Mr. Sunil Wadhwa – Managing Director
Mr. Sunil Wadhwa, aged 57 has over 31 years of rich experience in the areas of business operations, project management, finance, corporate governance, etc.

Prior to joining GE T&D India Limited as Managing Director from April 4, 2017, he served as CEO & Managing Director of IL&FS Energy Development Co. Ltd. for 5 years since April 2012. Before IL&FS, he served for 25 years in the Tata groups in oil & gas, chemicals & fertilizers and power business.

Mr. Wadhwa was Managing Director of Tata Power Delhi Distribution Company Limited (A Tata Power and Government of Delhi Joint Venture, formerly known as North Delhi Power Ltd.) during 2007 to 2012 and its Chief Financial Officer / Executive Director during 2002 to 2007.

During his tenure of 10 years in Tata Power Delhi Distribution Limited, the Company received many recognitions including the best utility of Asia, ‘Thomas Edison’ award for use of technology in power business and ‘Hall of Fame’ recognition for Balanced scorecard implementation from Dr. Robert Kaplan. The Company reduced AT&C losses from 58% to around 10% during his tenure.

Prior to this, he was CFO & Company Secretary of Tata Chemicals Ltd. during 2001 to 2002 and Head of Finance and Company Secretary of Hitech Drilling Services India Limited for 15 years from 1986 which was set-up as a Tata & Schlumberger JV in the oil field services sector.

He on an individual level was adjudged as the most inspirational CEO in the power sector across Asia by Asia Power (Singapore) for the year 2008 and also received Udyog Ratan award from the Institute of Economic Studies, New Delhi. He was mentor to the Tata Business Excellence teams during 2004 to 2012.

Mr. Wadhwa is a rank holder Chartered Accountant and also a Company Secretary by qualification. He is an alumnus of ‘The Mothers International School’ and ‘Shri Ram College of Commerce’, New Delhi.

Mr. Gaurav Manoher Negi – Whole-time Director & Chief Financial Officer
Mr. Gaurav Manoher Negi, Chartered Accountant, has rich global and diverse Industry experience in financial services, media and manufacturing. His financial expertise includes, Corporate Governance, accounting, auditing, financial planning, corporate finance, taxes, investor discussion. He has over 17 years of global and local experience of working within General Electric.

Mr. Nagesh Tilwani – Whole-time Director & Head AIS business
Mr. Nagesh Tilwani, aged 43, is Bachelor of Engineering (Electrical). He has 19 years of experience in the areas of operations, business development, service marketing, sales support, client relationship management, techno-commercial functions, project coordination and after sales service support operations in the core engineering sector. He has been working with the Company since 1996 and currently leads the Air Insulated Switchgear business of the Company.

Mr. Bhanu Bhushan – Independent Director
Mr. Bhanu Bhushan holds a first class Honors Degree in Electrical Engineering from Banaras Hindu University. Mr. Bhushan joined the Central Electricity Regulatory Commission as a Member in February 2004 and retired from the Commission in February 2009. He has worked for Indian Power Sector since graduating in 1966, in Renusagar Power Company Limited, Central Water and Power Commission, Indian Consortium for Power Projects, Bharat Heavy Electricals Limited, Desein (New Delhi) Private Limited, National Thermal Power Corporation Limited and Power Grid Corporation of India Limited. He is also on the Board of various other companies.

Dr. Kirit S. Parikh – Independent Director
Professor Kirit Parikh, former Member of India’s Planning Commission with a status of Minister of State, is Chairman of Integrated Research and Action for Development (IRADe), New Delhi, a nonprofit NGO with focus on energy, environment, climate change, urbanization and inclusive development.

He was the Founder Director of the Indira Gandhi Institute of Development Research (IGIDR), Mumbai and is a Fellow of the National Academy of Sciences, India.

He was awarded “Padma Bhushan” by the president of India, the third highest civilian award in India. He has a Doctor of Science in Civil Engineering and a Master's Degree in Economics from Massachusetts Institute of Technology (MIT), USA and M. Tech from IIT (Kharagpur). He has been a Professor of Economics since 1967. He has also been a member of the Economic Advisory Councils (EAC) of five Prime Ministers of India.

He had also been a member of the Indian National Committee for Environmental Planning & Coordination (1971-74), the National Committee on Science and Technology (1974-76) and the Fuel Policy Committee (1970-74). He chaired the Expert Committee on “Integrated Energy Policy” and also the Expert Group on “Low Carbon Strategy for Inclusive Growth” set up by the Planning Commission. From 1997 to 1998, he was Special Economic Adviser to the Administrator, United Nations Development Programme (UNDP), New York. He has authored, co-authored and edited 29 books and served as editor of "India Development Reports" which provide a nongovernmental assessment of India's development and policy options.

He is also on the Board of Power Exchange India Limited and Climate Change Association India.

Mr. Rakesh Nath – Independent Director
Mr. Rakesh Nath, aged 66, has about 38 years of varied experience in Power Sector planning, Operation & Maintenance of Thermal and Hydro Power Stations and Transmission System, Regulation of water supply from multi-purpose hydro projects including operation & maintenance of irrigation canal system, Power System Operation and Power Trading. He was technical member of Appellate Tribunal for Electricity (APTEL) from 2010 to May 2015. Prior to this, he was the Chairperson, Central Electricity Authority (CEA) and Ex-officio Secretary to the Government of India.

As Chairman CEA, he worked extensively for accelerated capacity addition during the 11th Five Year Plan and initiated advance action for the 12th Plan. He was closely associated with development of Ultra Mega Power Projects. He has been instrumental in preparation of a proposal for low carbon growth strategy for power sector till 2022 and CO2 base line data for power sector. He has also been ex-officio Member of CERC and Part Time Director of Nuclear Power Corporation.

Mr. Rakesh Nath has been the Member Secretary of Northern Regional Electricity Board (NREB) and Western Regional Electricity Board (WREB), the two largest regional grids of the country. He was Convener of the Working Group set up by the Government of India to prepare guidelines for inter-regional power transaction which paved way for structuring inter-regional power transfers across the country.

Mr. Rakesh Nath has attended courses in power system operation and control in UK in 1984 and in Sweden in 1993. He participated as member in proceedings of Expert Committee on Sedimentation of International Committee on Large Dams in Brazil in 2002. As Chairperson CEA, he was deputed to Norway to study power markets, to Switzerland for study on manufacturing of large boiler and Turbine generators with Super Critical technology and to USA to promote investments in Indian power sector. He has also been President of Central Board of Irrigation & Power from Feb. 2006 to Feb. 2010.

He is also on the Board of various other companies.

Ms. Neera Saggi – Independent Director
Ms. Neera Saggi has 34 years of extensive and varied experience, both in the public and the private sector. For twenty-eight years, as member of Indian Administrative Service, she worked within the government with multiple stakeholders and in different sectors including ports, SEZs, and areas of export promotion, textiles, area administration and rural development.

Ms. Saggi has strong networks in multiple sectors and with different stakeholders including government, private, NGO, multilateral agencies, Consulates, Chambers of Business and Commerce. She was President of the Bombay Chamber of Commerce and Industry (BCCI) for the year 2013-14. She was the first woman to be elected in 177 years’ history of this oldest Chamber in the country and was its Vice President for the year 2012-13.

She has also done Master of Business Administration, Business Administration and Management, International Centre of Public Enterprise, Ljubljana, Slovenia (Sponsored by GOI – UNDP); Master’s in English Literature, Delhi University; Bachelor of Arts (Hons.), Gauhati University; One month program on "Effective Governance", conducted by IIM Ahmedabad, in association with The Kennedy School of Governance.