Kumar Shanker takes over as Managing Director of Indraprastha Gas Limited
Before joining IGL, Shanker was the Managing Director of Maharashtra Natural Gas Limited
New Delhi, June 9: Kumar Shanker, is the new Managing Director of Indraprastha Gas Ltd. (IGL), moving from the same post he held in Maharashtra Natural Gas Ltd. (MNGL) in Pune.
Shanker has taken over the reins of IGL from Kamal Kishore Chatiwal, who has been repatriated to his parent organization Gas Authority of India Limited (GAIL) after a stint of three years.
IGL is a joint venture of GAIL (India) Ltd. and BPCL, with Govt. of NCT of Delhi holding a 5 per cent equity stake.
Significantly, Shanker has taken over at a time when natural gas supplies are under severe stress because of the West Asia war and IGL has to maintain City Gas Distribution (CGD) in its networks across 33 districts in 12 geographical areas across four states of Delhi, Uttar Pradesh, Haryana and Rajasthan.
A Chemical Engineer from prestigious BITS Pilani, Shanker brings to IGL a rich domain experience of over 32 years in Oil & Gas Sector of rich and diverse experience in the natural gas industry encompassing Commissioning and Operations of Gas Processing Plants, Project Management of Petrochemical Units, Corporate Strategy & Planning, Marketing & Regulatory functions, and CGD sector.
Before joining IGL, Shanker was the Managing Director of MNGL in Pune.
Earlier, over a period of three decades, he worked in various business verticals of GAIL covering several locations in India including Gujarat, Maharashtra, Madhya Pradesh, Uttar Pradesh and New Delhi.
He has extensive experience in Regulatory matters across a wide spectrum of areas related to grant of authorizations, open access, pipeline tariffs, affiliate-code of conduct etc.
Shanker has been actively engaged in several important policy and regulatory changes that have evolved over the past two decades in the Indian natural gas sector.
He has played an important role in the introduction of Unified Tariff for the National Gas Grid System in the country which is hailed as a noteworthy reform in the natural gas sector in India.
About IGL
IGL has well laid out its city gas distribution infrastructure in Delhi, Noida, Greater Noida, Ghaziabad, Rewari, Gurugram, Karnal, Kaithal, Fatehpur, Ajmer, Pali, Rajsamand, Hamirpur, Shamli, Muzaffarnagar, Banda and parts of Kanpur and Meerut which consists of more than 30,000 Kms of pipeline network.
IGL is meeting fuel requirements of over 2.1 million vehicles running on CNG through a network of over 1000 CNG stations. IGL has connected nearly 3.5 million households in these cities with PNG. (BVI)
