The government has set the ball rolling for the appointment of chairperson and managing directors (CMDs) for two of the biggest public sector undertakings (PSUs) in the power sector. The appointments will come at time when India is pulling all the stops to meet its burgeoning power demand. The government has also set a target of 500 gigawatts (GW) of non-fossil fuel-based power generation capacity by 2030, the implementation of which lies with NTPC and NHPC. NTPC aims to achieve 60 GW of renewable energy capacity by 2032. In addition, it plans to invest $62 billion to build 30 GW of nuclear power capacity, tripling its original target. At the end of 2024, NTPC had an installed capacity of 76.6 GW. About 15 percent of India’s hydropower projects are owned by NHPC, which has a market capitalisation of Rs 76,453 crore. The post will be vacant on July 1 after CMD Raj Kumar Chaudhary’s superannuates on June 30. The last date of submitting applications for the post of CMD of NHPC is April 11.