A Joint Venture of Indian Oil Corporation Ltd India's flagship national oil company and highest ranked Indian company in the prestigious Fortune 'Global 500' listing & Adani Gas Ltd part of diversified ADANI GROUP and a leading city gas distribution company have formed a Joint Venture Company with an objective of developing natural gas distribution networks in various Indian cities to provide safe, convenient, reliable and environment friendly fuel (Natural Gas) to customers in industrial, commercial, domestic and transport sectors.
PNGRB Board had issued letter of authorization for Allahabad ,Chandigarh, Panipat, Udham Singh Nagar, Daman, Dharwad and Ernakulam to IOCL & AGL consortium. IOCL & AGL had incorporated a JV Company – M/s Indian Oil Adani Gas Pvt. Ltd. to execute CGD projects awarded by PNGRB
The Company has a vision to have pan India presence and secure authorization for as many cities as possible and become “CGD Company of India”.
Mr. Ravi Kant Sethi, Chairman
Mr Ravi Kant Sethi is a Chartered Accountant with over 30 years of experience in Indian Oil and has been appointed as Director on the Board of IndianOil-Adani Gas Private Limited.
He is presently heading the Project Appraisal Group and Taxation function at Indian Oil. He has vast experience in various activities of Finance, Internal Audit and ERP implementation at IOCL.
His area of expertise is on processes and transaction analysis and change management in the organization. He was actively involved in smooth transition of ERP transactions during merger of Indian Oil Blending Ltd, IBP Ltd and BRPL (earstwhile subsidiaries of IOCL) with IOCL.
Mr. Rajeev Sharma, Director
Mr. Rajeev Sharma is an Engineer with over 30 years of experience in Oil & Gas industry both in India & Abroad has been appointed as Director on the Board of IndianOil-Adani Gas Private Limited.
He was instrumental in the formation of Indraprastha Gas limited at New Delhi and was also the founder MD of IGL. He has vast experience in the development, planning, and Execution of gas projects especially pipelines and City Gas Distribution. He also has rich experience in Regulatory issues related to the industry. He was previously employed with GAIL (India) ltd.
Mr. Shailesh Kumar Sharma, Director
Mr. S.K Sharma is a Mechanical Engineer from IIT Kharagpur. With experience spanning 32 years, he has been handling various important portfolios at different levels of his career in IndianOil. He has served as Senior Divisional Manager in Bhopal, State Retail Head at Punjab State Office (including Himachal Pradesh, Jammu & Kashmir & Chandigarh) and Highway Strategy Head in Marketing Head Office, Mumbai apart from serving in other states like Madhya Pradesh and Gujarat etc. He is, at present, serving as the Executive Director (Gas), IndianOil, Corporate Office and has been appointed as Director on the Board of IndianOil-Adani Gas Pvt. Ltd
Mr. Bhashit Dholakia, Director
Mr. Bhashit Dholakia is an Engineer and MBA with over 20 years of focused experience of Business Development in Gas industry and has been appointed as Director on the Board of IndianOil-Adani Gas Private Limited.
He has worked extensively on Market development, Planning of CGD projects, Contracts, Pricing and Regulatory & Policy Issues. He had previously worked with Gujarat Gas Company and Enron India.
State Bank of IndiaCAG Branch,
Allahabad Bank17, Parliament Street
New Delhi 110001
V. K. DHINGRA & CO. , Chartered Accountants
1-E/15, Jhandewalan Extension, New Delhi-110 055,
Phone: (91-11) 23638325, 23536857, 23528511, 23550475
Fax :(91-11) 23549789
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Website : www.vkdco.com