IOC chief S M Vaidya 2nd Indian to head world LPG body
NEW DELHI: IndianOil chairman Shrikant Madhav Vaidya has become the second Indian to head the World LPG Association, indicating India’s rising clout on the back of expanding consumption because of the Modi government’s clean energy access drive.
“Borrowing from India’s rich on-ground experience, I can confidently say that the World LPG Association will have a defining role to play to ensure a sustainable and greener energy future for the entire world,” a company statement quoted Vaidya as saying.
The Paris-based body represents the global LPG network of over 300 members operating in more than 125 countries. Sarthak Behuria, also a former IOC chairman, became the first Indian to head the body in 2008.
As the largest fuel marketing company, IndianOil has been at the vanguard of implementing the government’s Ujjwala scheme for giving poor households access to the clean fuel. With the largest LPG consumer base in the country, IOC maintained uninterrupted LPG supply through the world’s harshest lockdown last year.
“The increasing footprint of LPG has transformed the lives of millions of people across the world. And as we are poised to put our foot on the accelerator of the energy transition, this cleaner fuel will have a more strategic role to play. I look forward to leveraging my enriching experience as the leader of India’s top energy major in driving the vision of WLPGA.”