The approval was given in the 97th Annual General Meeting (AGM) of the company which as held yesterday.
In a filing to the BSE Tata Power Company Ltd said today that "resolutions set out in the the notice convening the AGM were proposed and seconded by the members".
The resolution for "re-appointment of Anil Sardana as CEO and Managing Director" was approved by from shareholders.
Sardana is an electrical engineer from Delhi College of Engineering and a Post Graduate Diploma in Management. He brings with him over three decades of experience in the power & infrastructure sector and has worked with companies like NTPC Ltd, according to the company's website.