Kumar Shanker appointed new MD of Indraprastha Gas Ltd

State-owned Indraprastha Gas Ltd (IGL) announced Kumar Shanker’s assignment arsenic the Managing Director of the North India’s largest city-gas distributor, succeeding Kamal Kishore Chatiwal, who shall beryllium repatriated backmost to genitor Gas Authority of India Ltd (GAIL) pursuing a three-year stint astatine the company.

Prior to joining IGL, Mr. Shanker served astatine the Managing Director of Maharashtra Natural Gas Ltd (MNGL) which excessively is simply a associated task betwixt GAIL and Bharat Petroleum Corp with equity information from the Maharashtra government.

IGL is simply a associated task of GAIL and Bharat Petroleum with the Delhi authorities holding a 5% equity stake.

In a statement, IGL stated, “Mr Shanker has been actively engaged successful respective important argumentation and regulatory changes that person evolved implicit the past 2 decades successful the Indian earthy state sector,” adding, “He has played an important relation successful the instauration of Unified Tariff for the National Gas Grid System successful the state which is hailed arsenic a noteworthy betterment successful the earthy state assemblage successful India.”