GAIL appoints Sandeep Kumar Gupta as Chairman & Managing Director

Sandeep Kumar Gupta

GAIL (India) Limited on October 3 announced the appointment of Sandeep Kumar Gupta as its new Chairman & Managing Director.

Gupta, who will replace Manoj Jain, has a wide experience of over 34 years in the oil and gas industry. Before joining GAIL, he was working with Indian Oil Corporation (IOC) since 2019.

GAIL is aligned with government’s vision of having a gas-based economy wherein the share of natural gas in the energy mix is to be taken to 15 percent by year 2030, Gupta said after assuming the role.

Former CMD of the state-run company, Jain, had earlier said that GAIL plans to spend Rs 30,000 crore in next three years to focus more on petrochemicals and clean energy.

Gupta, 56, is a commerce graduate and a fellow of the Institute of Chartered Accountants of India. In June, the Public Enterprises Selection Board (PESB) had selected him for the top role at GAIL after interviewing 10 candidates.