New Delhi: Indian Oil's Chairman Shrikant Madhav Vaidya has been conferred with the Honorary Fellowship by the Centre for Excellence in Project Management (CEPM). This honour is in recognition of his significant contributions in balancing the smooth supply of products, eco-friendly business operations and healthy refining margins. Vaidya was felicitated with the fellowship during the Second World Project Management Forum (WPMF) Virtual Meet.
Instituted in 1995, the Honorary CEPM Fellowship Award is given to those who have made a difference. Eminent bureaucrat TKA Nair heads the selection committee for awarding the prestigious fellowship. CEPM, founded in 1992, has been at the forefront in strengthening project management in India.
Vaidya has over 34 years of extensive experience in refining, petrochemicals operations and project management. He has a decade-long association with India's largest cracker plant, the Panipat Naphtha Cracker Complex, right from its commissioning stage. Panipat Naphtha Cracker Complex is one of the major drivers of IOCL's petrochemicals business. He is among the select technocrats in the Indian oil & gas industry who are proficient in all facets of refinery-petrochemicals integration, desirable for the sustainability of the oil and gas industry in the long-term.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)