Sridhar Nadimatla Is New CMD Of NMDC
Sridhar to take over following the retirement of Sumit Deb
1997-batch Indian Administrative Service (IAS) officer, Sridhar Nadimatla will be the new Chairman-cum-Managing Director of the National Mineral Development Corporation (NMDC).
Public Sector Headhunter, The Public Enterprises Selection Board (PESB) has recommended his name for the top post on Saturday. There were seven candidates in the fray to head the country’s largest iron ore producer and exporter.
The interviews for this post were held following the retirement of Sumit Deb on February 28. As a stop-gap arrangement, Director (Finance) NMDC, Amitava Mukherjee had been given the additional charge of CMD of the PSU.
Sridhar Nadimatla, an IAS officer of Telangana cadre, carries a vast experience in the mining sector. He took over as Chairman and Managing Director, of Singareni Collieries Company Limited (SCCL) in 2015. SCCL is a government-owned-coal mining corporation in India. SCCL is jointly owned by the Government of Telangana and Government of India on a 51:49 equity basis.
Under Sridhar Nadimatla, SCCL performance has remained outstanding. Many innovations in SCCL, which is currently operating 45 mines where 20 opencast and 25 underground mines in 6 districts of Telangana (erstwhile 4 districts of AP), have taken place under his leadership.
The company is involved in coal extraction in Telangana, in the Pranhita-Godavari Valley region, which has significant coal reserves, estimated at 8.79 billion tonnes. Ramagundam is one of the most important divisions of the Singareni Collieries Company.
Singareni Collieries has established a thermal power plant of 1,200 MW (2 X 600 MW) in the town of Jaipur in the Srirampur region in Mancherial district. There is a proposal to establish one more 800 MW unit at the Jaipur power plant. SCCL has planned for a 300 MW Solar Power Plant for its captive use in its coal mining areas.
Before joining SCCL, Sridhar Nadimatla held various positions in the Government of Andhra Pradesh and Telangana States including Sub Collector, Rajahmundry Project Officer of Integrated Tribal Development Agency, Utnoor, Adilabad District. Director of Ports, Kakinada, Andhra Pradesh. He worked as Collector and District Magistrate in Ananthapur, Krishna, Warangal and RangaReddy Districts.
He also worked as Special Secretary to the Chief Minister, Government of Andhra Pradesh for 3 years and 3 months.
SCCL has also established a thermal power plant of 1,200 MW (2 X 600 MW) in the town of Jaipur in the Srirampur region in Mancherial district. There is a proposal to establish one more 800 MW unit at the Jaipur power plant. SCCL has planned for a 300 MW Solar Power Plant for its captive use in its coal mining areas.
