Gas industry expert Sh. Sanjay Kumar on Friday, March 25, took over as the new managing director of Indraprastha Gas Ltd – India’s largest CNG distribution company.
“Sh. Sanjay Kumar, a Mechanical Engineer from IIT Kharagpur and an MBA, brings to IGL a rich domain experience of over 34 years in the gas sector during his tenure in GAIL (India) Ltd,” the company said in a statement. This cross-functional experience since 1988 when he joined the state-owned gas utility has enabled him to gain deep insight of gas and LNG value chain, it said.
Before joining IGL, he was responsible for overseeing and growing GAIL’s gas marketing and transmission business. In 2011, Sh. Kumar was tasked with setting up GAIL’s overseas LNG trading subsidiary GAIL Global (Singapore) Pte Ltd in Singapore.
This was the first such subsidiary created by any Indian oil and gas public sector unit, and over the next five years, Sh. Kumar played an important role in developing this subsidiary into a well-established player in the global LNG market.
He has also been GAIL’s nominee director on the boards of Maharashtra Natural Gas Ltd (MNGL) and GAIL Global (Singapore) Pte. Ltd.
“Sh. Kumar has taken over the reins of IGL from Sh. A. K. Jana who has been repatriated back to GAIL,” the statement said. Like Kumar, Jana’s parent company too is GAIL.
IGL, which retails CNG to automobiles and piped cooking gas to households in the national capital and adjoining cities, is an equal joint venture of GAIL and BPCL with the Delhi government holding a 5% equity stake.