Triveni Turbine Limited Appoints Shailendra Bhandari as Additional Director and as Non-Executive Independent Director
May 20, 2019 at 08:00 pm IST
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Triveni Turbine Limited announced that at the board meeting held on May 20, 2019, the company approved the appointment of Mr. Shailendra Bhandari as Additional Director and as Non-Executive Independent Director for a period of five (5) years with immediate effect i.e. May 20,2019. Mr. Shailendra Bhandari is a seasoned finance professional backed with an impressive track record of accomplishments. His areas of expertise include Banking, Private Equity and Mutual Funds. He currently serves on the Board of Directors at Future Retail Ltd. He is also serving as a Senior Advisor to Gaja Advisors Ltd. which is a medium sized India focused Private Equity Fund, active in both Finance and Non-Finance areas. Earlier, he was the Managing Director & CEO of ING Vysya Bank Ltd. and was a part of lNG's Leadership Group comprising its Top 100 people across all Global businesses.
Triveni Turbine Limited is an India-based industrial steam turbine manufacturer. The Company is primarily engaged in the business of manufacturing and supplying power generating equipment and solutions and has manufacturing facilities in Bengaluru, Karnataka. Approximately 6,000 steam turbines supplied by the Company are installed across 20 industries in over 75 countries, including Europe, Africa, Central and Latin America, Southeast Asian and South Asian Association for Regional Cooperation countries. It Triveni caters to varied and diverse industries, including biomass IPP, municipal solid waste IPP, district heating, palm oil, paper, sugar, naval, textiles, metals, cement, carbon black, solvent extraction, pharmaceutical, chemicals, petrochemicals, fertilizers, oil and gas municipal solid waste based independent power plants (IPPs), and captive power plants (CPPs). The Companyâs products include backpressure turbines, condensing turbines, API steam turbines and smart turbines.