Ranjit Rath new Chairman and Managing Director of Oil India Limited

STAFF CORRESPONDENT

DIBRUGARH: Dr. Ranjit Rath, an alumnus of IIT Bombay and IIT Kharagpur, took over as the new Chairman and Managing Director (CMD) of Oil India Limited (OIL) on August 2 in Noida.

Dr Rath is a recipient of the prestigious National Geosciences Award from the President of India. A geoscientist with impeccable experience and expertise of more than 25 years in the field of geosciences, Dr Rath, before joining at the helm of affairs of OIL, was the Chairman-cum-Managing Director of Mineral Exploration and Consultancy Limited under the Ministry of Mines; Chief Executive Officer of Khanij Bidesh India Limited; Managing Director of Bharat Gold Mines Limited and also held additional charge of the Director General of Geological Survey of India under the Government of India.

Dr Rath has a rich portfolio of diverse roles spanning from strategy formulation, business development and upstream asset management to the application of geosciences & amp; exploration geology in several important projects, including the creation of Strategic Petroleum Reserves (SPRs), a first of its kind initiative of the Government of India entailing underground rock caverns for strategic storage of crude oil.

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