Shri Shantanu Roy assumed the role of Chairman & Managing Director at BEML Ltd. on August 1, 2023. With over 32 years of extensive experience in the capital goods sectors, including Defence, Mining & Construction, Transportation, Transmission, Renewable Energy, and large-scale power projects, he brings a wealth of knowledge and expertise to his position.

A graduate in Electrical Engineering from NIT Raipur and holding an MBA in Financial Management, Shri Roy’s career at BEML has been marked by significant achievements. As Director of the Mining and Construction Business, he drove substantial performance improvements, and led Northern Region operations, strategy, new initiatives, coordination, and International Business Division.

Under his leadership as CMD, BEML has achieved several milestones, including the test firing of India’s first indigenously designed and manufactured 1500 HP engine for combat vehicles, the commissioning of the car body structure for India’s maiden Vande Bharat Sleeper trainset, and the launch of the country’s first electric rope shovel. He has spearheaded the creation of 13 strategic business units from three main divisions—defence & aerospace, rail & metro, and mining & construction—to reinforce the company’s legacy of innovation and indigenization.

Shri Roy has been honoured with prestigious awards such as “CEO of the Year – PSU (Defence & Aerospace)” from the World HRD Congress and the “CMD Leadership Award 2024” from the Governance Now PSU Awards.

As a Six Sigma Black Belt certified professional and a seasoned global executive, Shri Roy excels in project financing, financial closure processes for large projects, international laws, arbitration rules, and legal compliances. In his previous role at BHEL, he was instrumental in securing the largest-ever export order of US$1.5 billion for the 2X660 MW Maitree STPP in Bangladesh.

Additionally, he strengthened BHEL’s presence in Bhutan and Nepal with major hydroelectric power projects, and facilitated BHEL’s entry into the subcritical thermal power segment and a significant gas turbine-based power plant in the Middle East.

He is passionate about reading, traveling, playing cricket and motivating youngsters.