Akshay Kumar Singh assumes charge as MD & CEO of Petronet LNG Ltd

New Delhi: Akshay Kumar Singh has assumed charge as Managing Director (MD) & Chief Executive Director (CEO) of Petronet LNG Limited on Monday. He has been appointed to the post for a period of five years with effect from February 1. Prior to taking over as MD & CEO of Petronet LNG, he was serving as Director (Pipelines) in Indian Oil. Singh has taken over the charge of the post from Vinod Kumar Mishra, Director (Finance) of Petronet LNG, who had been holding additional charge of the CMD's post after the superannuation of former CMD Prabhat Singh.

Akshay Kumar Singh's career & background

Singh is a Mechanical Engineer from MIT, Muzaffarpur and a postgraduate in Turbo Machinery from South Gujarat University. He has more than three decades of experience and possesses extensive domain knowledge and has made significant contributions in Petroleum and Natural Gas Sector. Prior to joining the Indian Oil Board, he was an Executive Director in GAIL.

He has vast experience in executing the challenging, complex and large-size cross-country pipeline network of national importance. He has extensive experience in the field of design engineering, planning, execution and O&M of hydrocarbon cross country pipeline system and process plants. Singh is also the Non-Executive Director of IHB Private Limited, Joint Venture Company of Indian Oil.

ALSO READ: Ram Naresh Singh assumes charge as new Chairman of DVC

Petronet LNG Ltd

With equity participation from four Oil and Gas Maharatanas — Oil & Natural Gas Corporation (ONGC), Indian Oil Corporation Limited (IOCL), GAIL (India) Limited (GAIL) and Bharat Petroleum Corporation Limited (BPCL) — Petronet LNG Limited (PLL) formed on April 2, 1998 as Joint Venture Company (JVC). It has set up the country's first LNG receiving and regasification terminal at Dahej, Gujarat with present nominal capacity of 17.5 MMTPA and another terminal at Kochi, Kerala having a nominal capacity of 5 MMTPA.

(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)