Kumar Shanker Takes Over as Managing Director of Indraprastha Gas Ltd
Kumar Shanker appointed new MD of Indraprastha Gas Ltd
The Hindu
Image: The Hindu
Kumar Shanker has been appointed as the new Managing Director of Indraprastha Gas Ltd, succeeding Kamal Kishore Chatiwal, who returns to GAIL. Shanker previously led Maharashtra Natural Gas Ltd and has contributed significantly to policy reforms in India's natural gas sector.
- 01Kumar Shanker replaces Kamal Kishore Chatiwal as MD of Indraprastha Gas Ltd (IGL).
- 02Shanker previously served as Managing Director of Maharashtra Natural Gas Ltd (MNGL).
- 03Indraprastha Gas Ltd is a joint venture involving GAIL, Bharat Petroleum, and the Delhi government.
- 04Shanker has been involved in significant policy changes in the Indian natural gas sector over the past two decades.
- 05He contributed to the introduction of the Unified Tariff for the National Gas Grid System, a major reform in India's gas sector.
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Indraprastha Gas Ltd (IGL), the largest city-gas distributor in North India, has appointed Kumar Shanker as its new Managing Director, effective immediately. Shanker succeeds Kamal Kishore Chatiwal, who is returning to the Gas Authority of India Ltd (GAIL) after a three-year tenure at IGL. Kumar Shanker brings a wealth of experience to the role, having previously served as Managing Director of Maharashtra Natural Gas Ltd (MNGL), another joint venture involving GAIL and Bharat Petroleum Corporation, with equity from the Maharashtra government. IGL itself is a joint venture between GAIL and Bharat Petroleum, with the Delhi government holding a 5% stake. The company highlighted Shanker's extensive involvement in significant policy and regulatory developments within the Indian natural gas sector over the past two decades. Notably, he played a crucial role in the introduction of the Unified Tariff for the National Gas Grid System, which has been recognized as a significant reform in the sector. His leadership is expected to guide IGL in navigating future challenges and opportunities in the energy landscape.
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Kumar Shanker's appointment is expected to influence the strategic direction of IGL, impacting natural gas distribution and pricing in the Delhi region.
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