Sharma succeeds M K Goel who retired on September 30, 2016 on attaining the age of superannuation.
Prior to joining PFC, Sharma was the CMD of Rural Electrification Corporation (REC). Under his leadership, REC scaled greater heights in excellence by doubling the revenue and profits in the last five years.
He is considered the architect of Government's flagship schemes like Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY), the company said in a statement.
Sharma holds B Tech (Electrical) and Masters Degree in engineering from IIT Roorkee and also an MBA degree from FMS, Delhi University.