..:: AUTO REPORT AFRICA ::..
Related Articles
Indian Oil Corporation (IndianOil) has appointed Sanjiv Singh, who joined the company in 1981, spearheading refinery operations as well as mega greenfield and brownfield projects in refining and petrochemicals, as its new chairman. His appointment took effect on June 1, 2017, according to a report by Fuels and Lubes Asia.
Before his recent appointment, Singh was Director (Refineries) on the IndianOil Board, and now, he will also serve as chairman of Chennai Petroleum Corporation Ltd. (CPCL) and Hindustan Urvarak and Rasayan Ltd (HURL), a joint venture company recently established to revive the company’s fertiliser plants in Gorakhpur, Sindri and Barauni, the report said.
Graduating as a chemical engineer from IIT-Roorkee, with a Diploma in Management, Singh, who has had enormous experience in the refining sector, also played a key role in the setting up, commissioning and stabilisation of two of IndianOil’s largest greenfield refineries in Panipat and Paradip, with the inauguration of IndianOil’s 11th refinery in Paradip in early 2016, being his benchmark contribution to the Indian oil refining sector. Singh has also steered the successful implementation of the petrochemical projects of paraxylene/PTA and naphtha cracker in Panipat.
As a champion of clean and green fuels, Singh ensured the timely rollout of BSIV-compliant fuels across the country in April 2017 and has now set the pace for IndianOil refineries to meet the tough deadline of introducing BSVI-compliant fuels in the country by April 2020. Described as a driving force in conceptualising India’s mammoth 60 million tonnes per annum refinery being set up on the West coast of India, which will transform the oil refining landscape in India, Singh has continued to play a leadership role in the energy sector, as he is championing India’s vision to be a refining hub in South Asia.
The report said IndianOil is India’s largest commercial enterprise and a top-ranked Indian corporation in Fortune’s Global 500 listing of the world’s largest corporations. The IndianOil group, it added, owns and operates 11 of India’s 23 refineries, with a combined refining capacity of 80.7 million metric tonnes per annum (MMTPA), representing 35 percent of the country’s refining capacity.
