Arvinder Singh Sahney Becomes Indian Oil Chairman

November 15, 2024

Arvinder Singh Sahney has been appointed as the Chairman of Indian Oil Corporation as of November 13, 2024. His appointment follows the tenure of S. M. Vaidya. Previously, V. Satish Kumar held the position in an interim capacity. Sahney brings over thirty years of experience in the refinery and petrochemical sectors.

Background and Experience

Sahney is a chemical engineer with a robust career in the oil industry. He has worked at five of Indian Oil’s nine refineries. His expertise spans various operational and strategic roles. He has been very important in the commissioning and optimization of key refinery units. Notably, he played an important role in the establishment of the 15 MMTPA Paradip refinery.

Leadership in Petrochemicals

Before his new role, Sahney led the petrochemical vertical at Indian Oil. He was responsible for the conceptualization of numerous petrochemical projects. His leadership has been instrumental in developing the upcoming mega petrochemical complex at Paradip. This project aims to enhance India’s petrochemical capabilities.

Sustainable Initiatives

Sahney also chairs Terra Clean, a subsidiary of Indian Oil. This company focuses on developing sustainable solutions in the energy sector. His commitment to sustainability aligns with global trends towards greener energy practices.

International Engagement

In addition to his domestic roles, Sahney serves as a Director at IndOil Montney in Canada. This position expands his influence in the international oil market. His international experience adds a valuable perspective to his leadership at Indian Oil.

With his extensive background, Sahney is expected to steer Indian Oil towards innovation and growth. His experience in refinery operations and petrochemical projects positions him well to tackle future challenges. The focus on sustainable practices will likely shape the company’s strategy under his leadership.

Important Facts for Exams:
Terra Clean: Terra Clean is a subsidiary of Indian Oil Corporation. It focuses on sustainable solutions in the energy sector. The company promotes greener energy practices globally.
MMTPA: MMTPA stands for Million Metric Tonnes Per Annum. It is a measurement unit for production capacity. The Paradip refinery has a capacity of 15 MMTPA.
IndOil Montney: IndOil Montney is a Canadian subsidiary of Indian Oil Corporation. It enhances Indian Oil’s international presence. The subsidiary operates in the Montney natural gas play.

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