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Neeraj Parakh appointed CEO of Reliance Power

by MN4U Bureau
January 21, 2025
in People
Reading Time: 2 mins read
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Neeraj Parakh appointed CEO of Reliance Power
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Mumbai: Neeraj Parakh, a distinguished professional with 29 years of industry experience, has completed 21 remarkable years at the Reliance Group. Since joining in June 2004 as an Additional Manager in the Central Technical Services team at Reliance Infrastructure (Reliance Infra), Shri Parakh has made significant contributions to the group through a series of progressively impactful roles.

Starting his journey with a focus on planning, project monitoring, technical services, and execution, he later transitioned to operations and maintenance roles at both Reliance Infra and Reliance Power. His career trajectory expanded further into the Central Procurement Group and Indirect Taxation, equipping him with multifaceted expertise across technology, commercial operations, and taxation.

A production engineering graduate from YCCE Nagpur (1993) and an MBA graduate from Welingkar Institute of Management, Mumbai (1996), Shri Parakh has seamlessly combined his technical expertise with a strategic mindset. Over the years, he has been a driving force behind the delivery of large-scale infrastructure and energy projects, including Yamuna Nagar, Hisar, Rosa, Sasan, Butibori, and Damodar Valley Corporation, as well as renewable energy ventures like Solar PV and Solar CSP. Collectively, these projects have added over 10 GW of power generation capacity, with a capital expenditure of ₹50,000 crore.

Parakh has been instrumental in reducing the organization’s reliance on imports through the successful localization of procurement for power plants and mining projects. By building a robust network of local vendors, he has ensured long-term operational self-reliance and sustainability for the group. His expertise in technology selection, procurement strategies, and contract management has delivered significant efficiencies across Reliance Power’s portfolio.

In addition to his technical and commercial acumen, Shri Parakh has demonstrated exceptional skill in navigating complex regulatory landscapes and tax matters, ensuring smooth operations and compliance across multiple domains.

As a leader known for his ability to inspire teams and drive impactful results, Shri Neeraj Parakh remains a cornerstone of Reliance Group’s success, steering the organization towards greater innovation and excellence.

Tags: Neeraj ParakhReliance Group

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