NTPC is caught in a piquant situation over appointment of Mr Ashok Mishra as an independent director on its board, as he is also on the board of its rival Reliance Industries, against which the PSU has moved court for effecting a gas supply ag reement.
After getting Mr Mishra's consent to join its board along with three other directors earlier this week, NTPC has asked him to give a declaration to assess whether his presence on both the boards could lead to a clash of interests.
"We have sought a declaration from him and we will forward the same to the Government for a decision," highly placed sources in the corporation said.
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