Amol Taori Assumes Charge as Director, Finance at Power Grid Corporation

Amol Taori has assumed charge as Director (Finance) of Power Grid Corporation of India Limited (POWERGRID), a Maharatna central public sector enterprise under the Ministry of Power, with effect from 18 August 2026.

The Director (Finance) is a board-level position at POWERGRID, the country's principal power transmission utility, responsible for overseeing the corporation's capital expenditure programme and financial planning as it expands transmission infrastructure to support India's renewable energy targets. Taori's appointment fills a finance leadership role at a company whose investment decisions directly affect the pace of grid expansion nationwide, from high-voltage transmission corridors to the substations that link them, and whose bond and equity issuances are closely tracked by institutional investors.

Taori is a Chartered Accountant with close to 30 years of experience across finance, treasury, international trade, marketing and compensation management. Before joining POWERGRID, he served as Executive Director (In-charge), International Trade at Hindustan Petroleum Corporation Limited (HPCL), where he managed crude oil procurement of roughly 700,000 barrels a day along with product imports, exports, chartering and shipping and oil-price risk management — one of the largest and most closely watched trading books among India's public sector refiners.

At HPCL, Taori managed corporate treasury operations and led the company's first US dollar bond issue, in addition to conceptualising the Oil Bond Swap and arranging foreign-currency swaps and a revolving credit line. He also represented HPCL at global equity and debt roadshows and served as a trustee of the company's employee-benefit trusts, along with a board position at HPCL Middle East FZCO, Dubai.

His move from an oil-marketing PSU to a power-transmission utility marks a shift in sector rather than function, keeping him in a finance leadership role while changing the underlying business — from crude procurement and fuel trading to capital-intensive infrastructure financing. The appointment continues a pattern of Chartered Accountants with treasury and capital-markets exposure moving into board-level finance roles at India's larger central PSUs.

The posting comes as POWERGRID works through an expansion phase tied to the government's target of 500 GW of non-fossil fuel capacity by 2030, with the utility responsible for the backbone infrastructure that evacuates power from solar and wind installations concentrated in Rajasthan, Gujarat and coastal states — a build-out that will require sustained capital investment over the coming years and put Taori's roadshow and bond-market experience to direct use.

Taori assumed charge with effect from 18 August 2026, according to a company announcement.