Mr. Sudershan Kumar Garg holds a Bachelor’s Degree in Commerce from Shri Ram College of Commerce and is a Chartered Accountant by profession since 1973. He has 43 years of varied experience in the field of Oil & Power. He has worked with Indian Oil Corporation Limited for 29 years and has acquired rich experience in Finance, Marketing, Pipelines, Excise & Customs, Oil Pricing etc. He was Executive Director (Finance) in Indian Oil Corporation. He joined the Board of NHPC Limited (A Govt. of India enterprise) as Director (Finance) in 2003. In October 2005, he was appointed Chairman and Managing Director of NHPC and NHDC Limited (a subsidiary of NHPC) and served at these posts for more than five years till his superannuation in December 2010. He was also the Chairman of Loktak Downstream Hydroelectric Corporation Limited. Under his able guidance, NHPC was conferred with ‘Mini Ratna Category – I’ status by GOI.
He was instrumental in commissioning five hydro-electric power projects in the country with an aggregate installed capacity of 1820MW. Under his leadership, NHPC got several new hydro, thermal and wind power projects. Net profit also increased from Rs. 510 crores in the year 2002-03 when he joined on the Board of NHPC to Rs. 2091 crores during the year 2009-10. As Chairman and Managing Director of NHPC he was involved in business process re-engineering and restructuring, expansion of business, IPO of shares etc. He successfully brought maiden IPO of NHPC which was oversubscribed by 24 times in 2009 and also introduced enterprise resource planning (ERP) in the company. He was also on the Board of International Hydro Association (IHA).
He is a senior partner in M/s Apra and Associates, Chartered Accountants Firm. He is an Independent Director on the Board of Worldone Private Ltd., Jindal Power Limited, EtalinHydro Electric Power Company Limited and Kamala Hydro Electric Power Company Limited. He is also Chairman of Audit and Corporate Social Responsibility Committee of Jindal Power Ltd.
He was conferred with ‘Lifetime Achievement Award’ by the Institute of Economic Studies in 2010, ‘CA Professional Manager’s Award’ in personal capacity by the Institute of Chartered Accountants of India in 2008, the ‘SRCC Alumni award’ by Shri Ram College of Commerce in 2009 and ‘CEPM – PMA Honorary Fellowship Award’ by the Centre for Excellence in Project Management (CEPM) and Project Management Associates apart from getting several other awards. He is the Chief Advisor to M/s AstrazurePrivate Limited dealing in training and human resource solutions. Institute of Directors haveconferred “Golden Peacock National Training Award”to M/s Astrazure Private Limited at Dubai.
He has widely travelled both within India as well as abroad and gained rich experience in oil and power sectors.