Tata Power has named Sanjay Banga as its next Chief Executive Officer and Managing Director, setting the stage for a leadership transition in May 2027. The company’s board has appointed him as an Additional Director and CEO Designate, effective November 11, 2026, while approving a five-year term as CEO and MD from May 1, 2027, to April 30, 2032, subject to shareholder approval.
Banga currently leads Tata Power Renewable Energy as its CEO and Managing Director and also serves as President – Renewables at Tata Power. His appointment places an executive with more than three decades of experience across India’s power sector at the helm of one of the country’s major integrated energy companies.
Until his proposed tenure begins in May 2027, Banga will continue in his current role while serving as CEO Designate. The transition is expected to provide continuity across the company’s conventional and renewable energy businesses, as well as its transmission and distribution operations.
Over his career at Tata Power, Banga has held several senior leadership positions. He previously headed the company’s transmission and distribution businesses as President and served as CEO of Tata Power Delhi Distribution. His experience includes managing electricity distribution operations, business development, digital transformation, project execution, regulatory engagement and stakeholder relationships.
Banga began his professional journey in 1989 as an Engineer Trainee at National Thermal Power Corporation (NTPC). Between 1989 and 1995, he worked on the operation and commissioning of super thermal power projects, gaining early experience in large-scale power generation.
He later joined Reliance Energy, formerly known as BSES, where he worked from 1996 to 2003. In 2003, he moved to Tata Power Delhi Distribution, beginning a long association with the Tata Group’s power business.
His professional experience spans conventional electricity generation, transmission, distribution and renewable energy. This combination of operational and leadership experience comes as India’s energy sector navigates changing demand, infrastructure requirements and a growing focus on cleaner power sources.
Banga’s appointment also reflects the importance of renewable energy within Tata Power’s wider business strategy. Having led Tata Power Renewable Energy and held responsibilities across the group’s renewables portfolio, he brings direct experience of a segment that continues to play an expanding role in the company’s operations.
The proposed five-year appointment will remain subject to shareholder approval. Once confirmed, Banga is scheduled to lead Tata Power from May 2027 through April 2032, marking the beginning of the company’s next leadership chapter.
