R.N. Nayak has assumed charge as the new Chairman & Managing Director of Power Grid Corporation of India Ltd. He succeeds S.K. Chaturvedi. Nayak has over 33 years of work experience in the power sector. He has worked for more than 20 years in PGCIL and has handled multi-disciplinary functions like engineering, corporate quality assurance and inspection, load dispatch & communication, grid management, contracts management, telecom, operation & maintenance, commercial as well as human resource management.