Ranjit Rath has been named as the next Chairman and Managing Director of Oil India Limited (OIL). He will replace current chairman and managing director Sushil Chandra Mishra, who will superannuate on June 30, 2022. Presently Rath is the chairman and managing director of Mineral Exploration Corporation Ltd (MECL). Oil India Limited is the Indian-government owned second-largest crude oil and natural gas producing company, under the Ministry of Petroleum and Natural Gas.
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Rath is a recipient of the prestigious National Geosciences Award 2016 from the President of India. He has co-authored a book titled ‘Underground Storage Technologies’ and has published several technical papers and participated in conferences in India and overseas.
Important takeaways for all competitive exams:
- Oil India Limited Headquarters: Noida;
- Oil India Limited Founded: 18 February 1959.