VISION
To Lead in Being a Valuable Partner for Financing Organizations Engaged in Power and Allied Sectors
The Board of Directors of Andhra Pradesh Power Finance Corporation Limited as at 31st March 2022 are Sri. S S Rawat, IAS (Chairman and Director), Sri. K Vijayanand, IAS (Non-Executive Director), Dr. K V V Satyanarayana, IRAS (Managing Director), Sri. B Sreedhar, IAS (Director), and Sri. V N Babu, CMA & CS (Director)
Non-Executive Director of APPFCL
Special Chief Secretary,
Energy Dept.
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Chairman and Director
Special Chief Secretary,
Finance Dept.
Shri Shamsheer Singh Rawat is a 1992 batch officer of the Indian Administrative Service of Andhra Pradesh cadre. Mr. S.S. Rawat has held several leadership roles during his illustrious administrative career spanning three decades, covering vast field experience, coupled with policy making and implementation responsibilities by serving as Secretary to Government through various important portfolios. Presently, he is serving as Special Chief Secretary to Government, Finance Department. Previously he has led important departments such as Industries, Social Welfare, Rural Development. Mr. S.S. Rawat has also served in the Chief Minister’s Office as Special Secretary to Chief Minister. His rich administrative experience also includes working as VC&MD of Civil Supplies Corporation, and as director on the boards of several public sector undertakings. He was District Collector and District Magistrate of Chittoor district and the Joint Collector Nellore district.
As Special Chief Secretary, Finance Department, Mr. S.S. Rawat has been instrumental in wide scale adoption of information technology solutions in public finance management in order to enhance transparency and credibility of governance.
Managing Director
Secretary(B&IF),
Finance Dept.
Dr. K.V.V Satyanarayana, IRAS, is the Managing Director of APPFCL since September 2019. He is also the Secretary Budget & Institutional Finance for the State of Andhra Pradesh and the Secretary Expenditure for certain departments since June 2017. He is one of the Board of Directors in various companies like APGENCO, APTRANSCO, APSPDCL, APIIC, APMDC etc., four Regional Rural Banks and several universities.
A Doctorate in Genetics from IARI, started his career in September 1997 as a Scientist (IARS) and played crucial role in exploration and preservation of wild and endangered plant species germplasm during his one year service in Indian Council of Agricultural Research (ICAR). Subsequently, he joined Indian Railway Accounts Service (IRAS) in September 1998 and served Indian Railways in various capacities for about 19 years. He is working in the Government of Andhra Pradesh on deputation since June 2017.
During the last two and half decades he handled diverse roles in Public Finance Management, Human Resource Management and Project Management etc. Through his extensive experience in resource mobilisation & financial closure, massive public procurements, project appraisal and contract management techniques with special focus on innovations, automation, expenditure optimization, revenue augmentation, systems review & audit, right sizing of manpower and modernisation etc., contributed for providing citizen centric premium quality public services. He also served as a resource faculty on these subjects.
His wealth of knowledge accumulated through trainings at various prestigious institutions like LBSNAA, NIFM, NAIR, NAARM, Harvard Kennedy School, Cambridge; INSEAD, Singapore; ICLIF, Kualalumpur, Beijing Jiaotang University, China; European Business School, London; European Business School, Paris and “Advanced Management Programme on Public Policy” from Indian School of Business (ISB) etc., helped in framing and implementing various policies in Public Finance Management.
His exceptional excellence in academic and professional life enriched with hard work, integrity with notable team work achievements resulted in receiving several accolades and awards including National Award for Outstanding Service.
Non-Executive Director of APPFCL
Special Chief Secretary,
Energy Dept.
Sri. K Vijayanand, IAS (1992 RR) is currently serving as the Special Chief Secretary in the Energy Department of the Government of Andhra Pradesh and holds the position of the Chairman of APGENCO. He has served as the Chief Electoral Officer for Andhra Pradesh prior to taking up the present position.
Sri. Vijayanand, IAS has had an extensive career in the power sector spanning over 11 years. During this time, he has held leadership positions in multiple power sector entities including the position of Chairman and Managing Director of APGENCO and APTRANSCO. He service also includes holding the position of Principal Secretary, ITE & C Department, Government of Andhra Pradesh and as a district collector for Srikakulam, Nalgonda and Ranga Reddy Districts and helps bring grass root level implementation experience at workplace.
Sri. K Vijayanand, IAS is known for his expertise which spans across the entire power sector value chain and has been accredited with implementation of several innovative initiatives in the field of power sector. He has also been a vocal advocate for promoting renewable energy in the state of Andhra Pradesh.
Director
MD, AP Genco
Sri K V N Chakradhar Babu, , 2011 batch IAS officer, after completion of training at LBSNAA, Mussoorie, has started Indian Bureaucracy career in 2013 as Sub Collector- Krishna and further worked as Commissioner- Municipal Administration /Urban Development Authority from Oct,2014 to Apr, 2015, Project Officer- Tribal Welfare from Apr, 2015 to Nov, 2016, Joint Collector & ADM Srikakulam from Nov, 2016 to Jun, 2019, JMD/ APTransco from Jun, 2019 to Jul, 2020 and District Collector & DM , Nellore Dt from Jul, 2020 to Mar, 2023.
He has received several awards which includes ECI Best Electoral Practices Award in the year 2023, Election Management Award, Award of Excellence in Fisheries Sector Best Marine District, Achieving Targets under Azadi Se Antyodaya Tak campaign in the year 2022 and PM KISAN Award in the year 2021. He has received many more awards from 2015 through 2019.
Sri. K V N Chakradhar Babu assumed charge as Managing Director of APGenco on 07.04. 2023 and also as the Joint Managing Director (FAC) for APTransco. He was appointed as Additional Director on Board of Andhra Pradesh Power Finance Corporation Limited (APPFCL) w.e.f 28th June 2023.
Director
Director for APSPDCL
Sri V.N. BABU is Professionally Qualified, Cost Accountant and Company Secretary and having membership with the following Institutes.
Sri V.N. Babu has started his carrier with GAIL (India) Ltd, a Central PSU under the Ministry of Petrol and Natural Gas, Government of India. During the tenure in GAIL he worked in various capacities in Financial Accounts Division from 1991 to 2008.
Subsequently, he joined in HLL Life care Limited, a CPSU under Ministry of Health & Family Welfare, Government of India. During his tenure in HLL worked as Vice – President / Project Finance, CFO of HLL Biotech Limited from 2008 to 2012.
Then he joined NLC India Limited (Formerly Neyveli Lignite Corporation Limited), a CPSU under Ministry of Coal, Government of India. During his tenure in NLC he worked as CFO of NLC Tamilnadu Power Limited, and also as GM / CGM & Executive Director (Finance) in NLC India Limited.
Presently he is working as Director (Finance) / CFO in APSPDCL since 11.05.2020.
