Latest News | Sanjay Kumar is New Head of IGL

New Delhi, Mar 25 (PTI) Gas industry expert Sanjay Kumar on Friday took over as the new managing director of Indraprastha Gas Ltd - India's largest CNG distribution company.

"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.

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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.

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In 2011, 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, 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.

"Kumar has taken over the reins of IGL from 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 per cent equity stake.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)