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Who has assumed charge as the new MD of Indraprastha Gas Ltd (IGL)?
A)
Nand Lal Sharma
B)
Pramod Agrawal
C)
Rajeev Kumar Vishnoi
D)
Kamal Kishore Chatiwal

Correct Answer :   Kamal Kishore Chatiwal


Indraprastha Gas Limited (IGL) on Thursday (15th June 2023) said that Kamal Kishore Chatiwal has been nominated by GAIL (India) Limited as Managing Director of IGL, with effect from June June 15, 2023.

He has taken over charge from Sanjay Kumar who has ceased to be the director and managing director with effect from June 15, 2023.

Kamal Kishore Chatiwal has a B. Tech degree in Chemical Engineering from IIT, Delhi. He has over 32 years of experience in the oil & gas sector particularly in project execution and commissioning of mega petrochemical projects, operation & maintenance of gas processing units, natural gas compressor station and cross-country LPG pipeline.

He has also acquired management and leadership knowledge through the Executive Management program from IIM-Bangalore, IIM-Lucknow and ISB-Hyderabad.

Chatiwal had joined GAIL (India) Ltd in 1990 and prior to joining IGL as managing director, he was working as executive director (O&M) & head of zonal marketing, Jaipur.

Earlier, IGL had posted its fiscal fourth quarter results with net profit down 8.8% at Rs 329.75 crore on a standalone basis from Rs 361.60 crore.

It posted a 53.2% surge in revenue from operations to Rs 4,042.33 crore in Q4 FY23 over Q4 FY22. “While compressed natural gas (CNG) registered sales volume growth of 8%, piped natural gas (PNG) showed overall sales volume growth of 3% during the quarter,” the company had said..

Source : Financial Express

Published On : June 16, 2023
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