Corprorate Governance is the process of creating and enhancing long-term sustainable value for the stakeholders of the company through the business process based on conscience, openness, fairness, professionalism and the accountability. The board of directors of a company through their skill and experience can provide leadership and an independent view to the company’s management and thus ensure good corporate governance. This research paper tries to evaluate the role of board of directors in corporate governance as laid down by SEBI under clause 49 of listing agreement in two Indian power sector companies namely Tata Power (private sector) and NTPC (government company). For this paper secondary data from annual reports of 2016-17 of these companies were studied. By evaluating several parameters relating to board of directors, it was found that Tata Power had a higher level of compliance than NTPC.