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Ranjit Rath

Dr. Ranjit Rath

Chairman & Managing Director, OIL INDIA LIMITED
Dr. Ranjit Rath, is currently leading Oil India Limited (OIL), India’s oldest National E&P Company as the Chairman & Managing Director and Numaligarh Refinery Limited(NRL) as the Chairman. Oil India Limited (OIL), a state-owned enterprise of the Government of India, with its origin dating back to the glorious year of oil discovery in India in 1889, has been recently bestowed with the MAHARATNA status by the Govt. of India, the highest honour conferred to a Central Public Sector Enterprise (CPSE) in India. Dr. Rath is currently leading the next phase of growth of Oil India Limited with a focus on enhanced exploration coverage and expedited production profile of oil and natural gas. Under his leadership, the FY 2022-23 witnessed superlative performance of OIL and it’s subsidiary NRL both in terms of physical and finance parameters. A visionary, Dr Rath has rechristened a road map “Vision 2040” for OIL and NRL as an Integrated Energy Company with a net Zero target of 2040. Dr. Rath, an alumnus of IIT Bombay & IIT Kharagpur, is a recipient of the prestigious National Geosciences Award from the Hon`ble President of India for 2016. Dr. Rath has also been bestowed the Distinguished Alumnus Award (DAA) of IIT Kharagpur for the year 2022. Dr. Rath, a Geoscientist with impeccable experience and expertise of more than 25 years has a rich portfolio of diverse roles spanning from strategy formulation, business development and upstream asset management to application of geosciences & exploration geology in several important projects including creation of Strategic Petroleum Reserves, a first of its kind initiative of Govt. of India entailing underground rock caverns for strategic storage of crude oil - An intervention towards Energy Security.