PTC India Limited announced Shri Rajiv Ranjan Jha, Director (Projects), Power Finance Corporation Limited (PFC), has been appointed as Nominee Director of PFC on the Board of PTC India Ltd. with effect from June 30, 2023. Shri Rajiv Ranjan Jha, aged about 57 years, is Director (Projects) of Power Finance Corporation Limited (PFC). He holds a Bachelor Degree in Science (Mechanical Engg.) from NIT Jamshedpur of Ranchi University and a Diploma in Management from IGNOU.

He has overall 35 years of experience and had been holding the position as Executive Director (Projects), PFC since May 27, 2019. Previously, he has been handling the PFC's loan portfolio in Western Region including State Sector Coordination Work in the States of Maharashtra, Gujarat, Madhya Pradesh, Chhattisgarh and Goa. He has earlier handled the entire loan portfolio in Consortium Lending with PFC as lead FI.

He has also handled the entire Renewable Energy loan portfolio of PFC. He has also worked on Project Appraisal (especially for Independent Private Power Projects) & Ultra Mega Power Projects in PFC. Before joining PFC, he has worked with Visakhapatnam Steel Plant from November 1988 to February 1997 and dealt with Operation and Maintenance of their coal based Captive Power Plant and also in Material Planning.

He was appointed as Director (Projects) in PFC in October, 2021 and he has been appointed as Nominee Director of PFC on the Board of PTC India Ltd. with effect from June 30, 2023.