Page 138 - CW E-Magazine (24-9-2024)

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NEW LEADER

Arunangshu Sarkar appointed as ONGC’s Director

for new energy, petchem and corporate strategy

Oil and Natural Gas Corporation ting the new post of Director (Stra- cals, new energy (renewable, hydrogen
(ONGC) has got a new Director to tegy & Corporate Affairs), the post and carbon capture), corporate strategy,
spearhead its new energy, petrochemi- of Director (Production) was created corporate marketing and legal.
cals and corporate strategy as part of a after merging Director (Onshore), who
board revamp aimed at breathing fresh is in charge of all oil and gas fields “Present corporate strategy and
life into the State-controlled behemoth. located on land, and Director (Offshore) planning (CS&P) group (will) be split
who looks after all offshore assets, into two verticals, viz. Corporate Plan-
Mr. Arunangshu Sarkar has been such as the prime Mumbai High fields. ning and Corporate Strategy. Corporate
appointed as Director for strategy and In addition to the post of Director Planning would continue to report to
corporate affairs, ONGC said in a stock Production and Director Strategy and the Chairman, whereas the Corpo-
exchange filing. Before the elevation, Corporate Affairs, the other key direc- rate Strategy group would report to
Mr. Sarkar, a petroleum engineer from torial positions at ONGC include the the Director (Strategy and Corporate
the Indian School of Mines, Dhanbad, exploration, finance, human resources Affairs),” it said.
was Group General Manager (Produc- and technical & field services divi-
tion) at ONGC. He had previously sions, with all segments reporting to The Corporate Affairs Group un-
worked as General Manager (Strategy & ONGC Managing Director, Mr. Arun der CS&P has been renamed as the
Corporate Planning), ONGC Videsh Kumar Singh. Ministry and Parliament Coordination
Ltd., the overseas investment arm of Group and will report to Chief Corpo-
ONGC. According to an office order of July rate Planning, it added. The revamp is
2023, the new Director (Strategy & on the lines of the Organisation Trans-
Two years back, the board of Corporate Affairs) will be in charge of formation Project (OTP) suggested by
ONGC was reorganised. Besides crea- joint ventures, downstream petrochemi- consulting firm, McKinsey.
OVERSEAS PROJECT
Thermax bags repeat order for greenfield energy

project in Botswana

Thermax Babcock & Wilcox Energy complete responsibility for designing, enhancing its power infrastructure, and
Solutions Ltd. (TBWES), a wholly- engineering, manufacturing, testing, setting new benchmarks with best-in-
owned subsidiary of Pune-based engi- supply, supervision of erection & com- class solutions for efficiency and envi-
neering group, Thermax, has received missioning, and performance testing. ronmental performance.”
a repeat order worth Rs. 516-crore for
setting up another 300-MW energy pro- The project will supply power to TBWES provides equipment and
ject from an industrial conglomerate in the national utility grid, addressing the solutions for generating steam for pro-
Botswana, Southern Africa. The order is power needs of the region, and strengthen- cess and power through the combus-
part of the second phase of a 600-MW ing energy security. Commenting on tion of various solid, liquid and gaseous
project being developed by the major, the project win, the company’s MD fuels, as well as through heat recovery
positioning Thermax as the sole partner and CEO, Mr. Ashish Bhandari said, from turbine/engine exhaust and (waste)
for the entire project. “Winning the second order for the same heat recovery from industrial processes.
project is a testament to the trust the TBWES also offers heaters for various
Similar to the first order, TBWES customer has placed in our capabilities. applications in the chemical, petrochemi-
will supply two 550-tonnes per hour With this project in Botswana, we look cal and refinery segments. Its services
(tph) circulating fluidised bed combus- forward to contributing to the broader arm offers renovation and modernisa-
tion (CFBC) boilers and will undertake energy landscape in Southern Africa, tion solutions for old boilers and heaters.

138 Chemical Weekly September 24, 2024

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