Sandeep K Gupta to be next chairman of GAIL
Its natural gas pipeline network covers 21 states.It holds around 70 per cent share of the gas-transmission network and more than 50 per cent share of natural gas sales in India.PESB said it interviewed GAIL Directors Rakesh Kumar Jain and Deepak Gupta, as well as four other executive directors of the company on June 28.Manoj Kumar Dubey, Director Finance, Container Corporation of India Ltd Concor and Airports Authority of India AAI executive director Suneel Dutt were others interviewed.
He will replace Manoj Jain, who is scheduled to retire on August 31.
A commerce graduate and Chartered Accountant by education, Gupta has more than 31 years of working experience at Indian Oil Corporation (IOC), the nation's largest oil refining and fuel marketing company.
He has been Director (Finance) of IOC since August 3, 2019.
With an experience in handling almost the entire gamut of finance and accounts activities, his tenure as Director (Finance) witnessed two extremely volatile global oil price cycles and deregulation of petrol and diesel prices in India.
At IOC, his responsibilities also included financial planning and analysis, corporate finance and treasury, international trade, and pricing. He is also on the board of IOC Middle East FZE, Dubai, and Indian Oil Petronas Pvt Ltd.
If approved by ACC, Gupta will have a term till February 2026.
GAIL is India's largest gas transmission and gas marketing company, with a 14,502-kilometre gas pipeline network and a capacity of 206 million standard cubic meters a day. Its natural gas pipeline network covers 21 states.
It holds around 70 percent share of the gas-transmission network and more than 50 percent share of natural gas sales in India.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Rakesh Kumar
- The Public Enterprises Selection Board
- GAIL (India) Ltd
- Appointments Committee
- Manoj Kumar Dubey
- Narendra Modi
- Indian Oil Corporation
- Sandeep Kumar Gupta
- Middle East
- Container Corporation of India Ltd
- Deepak Gupta
- Airports Authority
- Indian Oil Petronas Pvt Ltd.