Indian Energy Exchange Limited has informed the Exchange regarding Appointment of Mr Puneet Chitkara as Head-Strategy (Senior Vice President) categorized as the Senior Management Personnel of the company w.e.f. July 01, 2025.
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Indian Energy Exchange (IEX) has appointed Dr. Puneet Chitkara as its Head-Strategy in the role of Senior Vice President, effective July 01, 2025. He has been categorized as Senior Management Personnel under SEBI Listing Regulations. Dr. Puneet brings over 25 years of experience in power system modelling, electricity market design, price and demand forecasting, transmission pricing, and regulatory economics. He has consulted for government ministries, regulatory bodies, the World Bank, USAID, and recently developed the Resource Adequacy model 'STELLAR' for the Central Electricity Authority. He holds a Ph.D. in Development Economics with post-doctoral work from the University of Hong Kong and Johns Hopkins University.
This is a strategic senior-level hire to strengthen IEX's strategy function with deep expertise in power markets and regulatory economics. For shareholders, this signals the company's focus on sharpening its market positioning and regulatory engagement, though it is a management-level (not board) change with no immediate financial impact.