NLC India Limited announced that the Board of Directors at their meeting held on 6th February, 2024 approved the designation of Dr. Prasanna Kumar Acharya, Director (Finance), as the Chief Financial Officer of the Company with effect from February 6, 2024. Dr. Prasanna Kumar Acharya is a seasoned professional with over 28 years of experience in Central, State, and Private- owned Organizations. He holds a Bachelor's degree in Commerce (Honors) from Utkal University, Odisha, and a Bachelor's in Law (LLB) from MS Law College, Cuttack, Odisha.

He further pursued a Master's in Commerce from Ravenshaw University, Odisha, and obtained a Master's in Business Administration (MBA). Dr. Acharya is also a Fellow member of the Institute of Cost and Management Accountant and an Associate Member of the Institute of Company Secretaries of India. He hails from Kendrapara, Odisha and his educational journey culminated with a Doctorate in Philosophy (Ph.D) from Utkal University, Odisha, and participation in a Management Development Programme (Strategic Finance) from IIM, Lucknow.

Dr. Acharya's professional journey encompasses diverse roles in Power Generation, Transmission, Distribution, and Mining, with notable contributions to Metro Rail Projects. Before assuming the position of Director/Finance at Chennai Metro Rail Limited (CMRL) in June 2022, he held key positions at GRIDCO, NTPC, Tata Power, and NLC India Limited. His expertise lies in areas such as Accounts, Taxation, Project Finance, and Fundraising.

Dr. Acharya has successfully closed financial deals, securing loans totaling Thirty-Five Thousand Crore with Multilateral Banks such as JICA, ADB, NDB, and AIIB. He also pioneered the tying up of loans with Domestic Banks for his company. Notably, he played a crucial role in the Phase-II Project of CMRL.

Dr. Acharya has made significant contributions to Revenue Improvement and Asset Monetization activities in CMRL. His professional exposure extends to system improvement, automation, empowerment, and collaboration initiatives.