Latest NewsNews SnippetsOil & Gas, RefineriesPeople

Sandeep Kumar Gupta Appointed as GAIL’s New Chairman & MD

Mr. Sandeep Kumar Gupta has been appointed as Gas Authority of India Limited’s (GAIL) new Chairman & Managing Director. His official term will last till February 2026. His selection for the GAIL apex position was done by Public Enterprises Selection Board (PESB), which was thereafter approved by Cabinet Committee on Appointments.

Mr. Gupta is a Commerce graduate from Christ Church College, Kanpur. After this, he attended the Institute of Chartered Accountants of India and graduated as a Fellow Chartered Accountant (FCA) in 1987. He joined Indian Oil Corporation Ltd. (IOCL) as Accounts Officer to Executive Director in 1988. During his 34-year career in IOCL, he rose to the position of Director (Finance), IOCL. He held this position till October 2022.

After his appointment, Mr. Gupta said that GAIL is in agreement with Indian Government’s vision to increase the share of natural gas in India’s energy mix. The target is to have a 15% contribution by natural gas to India’s energy portfolio by 2030.