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Rural Electrification names new chairman, managing director

B.P. Pandey was appointed as chairman and managing directorof Rural Electrification Corp.Ltd., effective Oct. 1.

Pandey, who is special secretary at India's Ministry ofPower, will assume the role for a period of three months, the company said Oct.3.

Pandey replaced Rajeev Sharma, who relinquished the role tobecome chairman andmanaging director of PowerFinance Corp. Ltd.