Power Grid chairman Singh resigns

R P Singh, chairman and managing director, Power Grid Corporation, has resigned from the company - five months ahead of retirement.

"I have resigned from the company. I have given a one-month notice," Singh told PTI without disclosing details of his next assignment.

Singh, who took over as CMD of the company in August 1997, was set to superannuate on July 31.

Public Enterprises Selection Board (PESB) is believed to have forwarded the names of S K Chaturvedi, director (personnel), National Hydroelectric Power Corporation and Raji Philip, chairman and managing director, Hindustan Paper Corporation, as the best contenders for the post to the power ministry.

Company sources said an acting chairman and managing director "would be appointed very soon as the position falls vacant from April 1."