Indian Energy Exchange (IEX) has appointed S N Goel as its chief executive officer and managing director.
The country's leading electricity bourse was without a full-time CEO for sometime.
Prior to this appointment, Goel was director (marketing & operations) at PTC India Ltd. He has also served as executive director with NTPC, a release said today.
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"Goel's transition from being a non-executive director to its chief executive could not have come at a better time. His vast domain experience in different verticals of the power industry will indeed enable power market rise to new heights, Venkat Chary, non-executive independent chairman at IEX, said.
Having nearly four decades of experience in the power sector, Goel has been actively involved in the formulation and implementation of various reform initiatives, the release said.
He is an electrical engineer with MBA in Finance.
Jignesh Shah-led Financial Technologies (India) Ltd is the promoter of IEX.