EARLY CAREER HISTORY
CHAIRMAN (PART-TIME) │ Coastal Andhra Power Limited, New Delhi, India │ Mar 2007–Jan 2008
CHAIRMAN (PART-TIME) │ Jharkhand Integrated Power Limited, New Delhi, India│ Mar 2007–Sep 2008
BOARD MEMBER REPRESENTING PFC │ Power Trading Corporation Limited, New Delhi, India │ Mar 2005–Jul 2008
DIRECTOR – FINANCE/EXECUTIVE DIRECTOR/GM/DGM │ Power Finance Corporation Limited, New Delhi, India │ Sep 1996–Jul 2008
CHIEF FINANCE MANAGER/DGM │ Satluj Jal Vidyut Nigam Limited, New Delhi, India │ Jul 1992–Sep 1996
MANAGER │ National Thermal Power Corporation Limited, New Delhi, India │ May 1980–Jul 1992DEPUTY ACCOUNTS OFFICER │ Indian Drugs and Pharmaceuticals Limited, New Delhi, India │ Jun 1979–Apr 1980
CAREER HISTORY & HIGHLIGHTS
FOUNDER & DIRECTOR │Efficiency Providers Pvt Ltd, Hoshiarpur, Punjab │ Mar 2015–Present
E-COMMERCE PLATFORM | POWER GENERATION/CONSUMPTION
Devising policies, strategies, and action plans for achieving all organizational goals. Participating in all aspects of business development from market research and finance to operations and marketing ensuring the company’s vision was achieved. Managing the operations of the firm serving as the face of the organization. Making decisions related to finance, branding, and other business factors. Developed an e-commerce platform for enabling efficiency seekers to discover Efficiency Consultants/Efficiency Solution Providers across multiple fields like Power Generation/Consumption, Education, Health, Financial, Legal, etc.
CHAIRMAN & MANAGING DIRECTOR │ Power Finance Corporation Ltd, New Delhi │ Aug 2008–Sep 2013
0.5% NPA | 2 NATIONAL POWER EXCHANGES | DAILY PROFITABILITY 400% | TOP 5 BRANDS | WORLD’S BIGGEST 2,000 COMPANIES
As Chairman of PFC, tapped the capital market with Follow on Public offer in FY 2011-12 when no other PSU dared to enter the market; the issue was oversubscribed by 4.3 times. Captured the business of renewable energy for the new subsidiary created, which expanded at a faster pace than conventional energy and required a different set of structures for evaluation. Constantly led PFC on a growth path resulting in rich dividend payments ensuring proper maintenance of NIM, SPREAD, Recovery Rate, NPA Level, and Rating from domestic/international rating agencies. As Chairman of PFC Consulting, created USP for awarding 14 UMPPs on competitive bidding based on GOI guidelines Ensured per employee execution of consultancy assignment value stood in tandem with Big 4 Consulting Firms.
- Transformed PFC into a global company recognized for its size and performance, leading to PFC getting listed in ‘World’s 2,000 Biggest Companies’ by Forbes USA and ‘Top 500 Global Financial Brands’ in Brand PLC’s, UK.
- Increased business of the subsidiary related to consolidation and M&A in the Indian Power sector after private sector participation surge.
- Ignited profits after tax of PFC from INR 1,200Cr to INR 4,800Cr.
- Consistently maintained 0.5% NPAs of the loan book.
- 15% reduction in AT&C losses of the country by restructuring the APDRP program likely to turn around the sector.
- Set up 2 National Power Exchanges to develop the subdued power trading activity in the country.
- Introduced the system of tracking daily profitability for a loan book of INR 1.6 Lac Cr.
- Board Member representing PFC Power Trading Corporation Ltd.
Satnam Singh PFC 