https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Centre Invites Applications for the Post of IOCL Chairman

Through an advertisement posted on its website, the Ministry of Petroleum and Natural Gas is now seeking fresh applications from engineers, chartered accountants and cost accountants with at least 5 years of experience
Indian Masterminds Stories

Recently, the Union government sent out invitations to appoint a new Chairman in the Maharatna PSU Indian Oil Corporation Limited (IOCL) amidst the air of uncertainty over the continuance of the incumbent chairman, Mr. Shrikant Madhav Vaidya.

Mr. Vaidya, who took over as the chairman of India’s biggest oil company on July 1st, 2020, was to retire on August 31, 2023, when he attained the superannuation age of 60 years – but was “re-employed on a contract basis” for one year “beyond the date of his superannuation i.e with effect from September 1, 2023, till August 31, 2024,” according to an official order dated August 4, 2023.

Through an advertisement posted on its website, the Ministry of Petroleum and Natural Gas is now seeking fresh applications from engineers, chartered accountants and cost accountants with postgraduate management degrees from leading institutions and having at least 5 years of experience in leadership roles, by July 3. The age eligibility cut-off has been set at not more than 58 years for internal candidates and 57 years for outsiders with 60 years as the age for retirement.

IOCL refines crude oil into products like petrol, diesel, liquid petroleum gas (LPG), and aviation turbine fuels and also makes petrochemicals and retails CNG. Besides being the backbone of Indian fuel supplies, IOCL is pivoting India’s energy transition, the shift from fossil-based systems of energy production and consumption, including oil, natural gas, and coal, to renewable energy sources like wind and solar, as well as lithium-ion batteries.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
IAS Vikas Sheel
Meet IAS Vikas Sheel: Newly Appointed Chief Secretary of Chhattisgarh, Relieved Early from ADB Post
CISF
Leadership Reshuffle Expected in CAPFs as ITBP, CISF Chiefs Retire; New DG Appointments Likely Soon
Two crossed national flags on wooden table
India-US Trade Deal Talks Make Progress; Both Sides Aim to Fast-Track Agreement and Ease Tariff Tensions
Union Minister Sarbananda Sonowal
India Set to Attract ₹80 Lakh Crore Investment, Create 1.5 Crore Jobs in Maritime Sector: Minister Sonowal
UP Government Uttar Pradesh Yogi
Uttar Pradesh Govt Transfers 16 IAS Officers in Major Reshuffle; Lucknow Commissioner Replaced, B Chandrakala Gets Forest Dept
Varchasva Rajesh Kumar Pandey
‘Varchasva’ by Former IPS Officer Rajesh Kumar Pandey Wins Rajbhasha Puruskar 2024
DoPT-resized
Nagaland cadre IAS Officer Ajit Kumar Ranjan Appointed Deputy Secretary in DoPT, Will Serve at Centre Until 2028
RINL
Leadership Update: Rakesh Nandan Sahay Appointed as Director (Personnel) at RINL, Selected by PESB from Among 10 Candidates
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr. S.K
Technology Meets Ecology: IFS Dr S K Srivastava’s Game-Changing Innovations in Forest Management | Eco Warrior Awards 2025 Interview
IFS Uttam Kumar Sharma Interview
From Extinction to Exhilaration: The Untold Story and Future Vision of Project Cheetah | Led by IFS Uttam Kumar Sharma | Eco Warrior Awards 2025
K M Abharna IFS Eco Warrior Awards 2025
Meet K. M. Abharna, the IFS Officer Behind Avni’s Case and Vidya Balan’s Sherni Role
ADVERTISEMENT
UPSC Stories
Ishwarlal Gurjar UPSC
10th Grade Failure to Indian Police Service: Ishwarlal Gurjar’s UPSC Success Path
Read the inspiring journey of Ishwarlal Gurjar from a small village in Rajasthan to becoming an IPS officer....
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
Social Media
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
Tamil Nadu Gaur Rescue
Tiruchirappalli Forest Officials Risk Lives to Rescue Juvenile Gaur; Video Shared by IAS Officer Goes Viral
Trichy forest and fire teams risk lives to rescue a juvenile Indian gaur; IAS officer Supriya Sahu shares...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
IAS Vikas Sheel
Meet IAS Vikas Sheel: Newly Appointed Chief Secretary of Chhattisgarh, Relieved Early from ADB Post
CISF
Leadership Reshuffle Expected in CAPFs as ITBP, CISF Chiefs Retire; New DG Appointments Likely Soon
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr. S.K
IFS Uttam Kumar Sharma Interview
K M Abharna IFS Eco Warrior Awards 2025
ADVERTISEMENT
ADVERTISEMENT