• After completing Post Graduation in Science from Indian Institute of Technology, Delhi Shri S.B. Kulkarni joined the Indian Railway Accounts Service in 1972. He has over 30 years experience in Finance Department of Indian Railways. He has also worked on deputation as Controller of Accounts for 3 years in VSNL (Videsh Sanchar Nigam Limited). He has worked in the Power Sector for 9 years, including the period 1991-96 as Director of Finance of MSEB. During this period, he has contributed in raising finances through Banks, financial institutions, handled tariff revision proposals with Govt. of Maharashtra. He has deep understanding of the Power Purchase Agreements, financial restructuring of MSEB etc. He has negotiated loans with World Bank for Chandrapur 7, K&W-Exim Bank of Germany for Uran Gas Power Plant. Recently, he has negotiated with Russian Federation agencies a $ 1.2 b Project of setting up 2x1000 MW Units.
  
  
• Prior to his appointment as Member, MERC, he was Director (Finance) of NPCIL (Nuclear Power Corporation of India Ltd.) for 5 years. His work with NPCIL gives him the experience of the issues involved in Bulk Power Supply, Tariff Formulations and Regulatory issues associated therewith.
  
  
• He is a Member of prestigious professional bodies; like, International Institute of Internal Auditors and the Institute of Rail Transport of India and has attended an advanced Programme on Accountancy & Finance at the Strathclyde Business School, Glasgow, U.K.