IndianOil and GPS Renewables (IGRPL), a joint venture between IndianOil and GPS Renewables, has appointed Devendra Singh Sehgal as its Chief Executive Officer (CEO).
With nearly four decades of experience in large-scale infrastructure and petrochemical projects, Devendra Singh Sehgal will lead key initiatives to scale biofuel projects.
A Civil Engineer from NIT Surat and MBA from Guwahati University, Sehgal brings 39 years of industry experience and has led Indian Oil Corporation’s Mega Refinery and Petrochemical Projects. He served as Director on the Board of Hindustan Urvarak & Rasayan Limited, overseeing major fertilizer plants.
His expertise spans the entire project lifecycle, from conceptualization to commissioning, with contributions to projects like Panipat Refinery, Mathura Refinery, Paradip Petrochemical Project, and Panipat Naphtha Cracker Project. His leadership in strategic planning, project execution, and cost optimization has enhanced efficiency and innovation. Prior to joining IGRPL, Sehgal served as Executive Director at IndianOil.
Devendra Singh Sehgal, CEO, IGRPL (IndianOil and GPS Renewables Private Limited), said, “The joint venture between GPS Renewables and IndianOil is a landmark step towards enhancing India’s bio-economy. This new venture holds immense potential to support India’s ambition of setting up 5,000 CBG plants. I am excited to join the team and lead their initiative to accelerate India’s transition towards clean energy.”
Mainak Chakraborty, CEO and Co-Founder of GPS Renewables, said, “Mr Sehgal’s four-decade-long experience in the oil industry will be a tremendous value addition to IGRPL. Our foremost aim through this joint venture is to promote energy security nationwide and to achieve this, we have aggressively charted out a plan to build a nationwide network of CBG plants that will significantly reduce our dependence on fossil fuels and lower greenhouse gas emissions. Devendra Singh Sehgal will play a key role in leading this initiative and his expertise in the sector will help us realize our vision of driving large-scale adoption biofuels in India.”
