Mumbai: Special Correspondent,23/08/2024: The Search Cum Selection Committee route for the selection of Chairman of various Oil & Gas Companies has reached epic proportions.
This IPL- Indian Petroleum League is getting more and more popular with regular ‘auctions’. This round is for the selection of Chairman HPCL. The tenure of Mr Pusp Joshi who is currently Chairman of HPCL is to be over on 31st. August. Sources Reveal that the Program of SAYONARA of CMD of HPCL Is over in Mumbai Last Night.
The selection committee is likely to consist of Secretary MoP&NG, Head PESB and Head of West Coast Refinery Mr B. Ashok(Ex-CMD of IOCL). Many, may have their own hesitation regarding Head PESB and Mr. B.Ashok. Normally as in courts, a judge having participated in proceedings at the lower level is not part of the bench hearing at the (next) higher level.
Similarly, The Head PESB having once got the opportunity for selecting a candidate and failed to do so should not be given another chance. Someone who is senior relatively speaking, should participate. Maybe, UPSC Chairman. Similarly, Mr B. Ashok who himself got a rare double promotion in IOCL does not seem most eligible anyone who has had a longer sitting experience of a Board should be selected.
As regards the Secretary he can get associated as he has a stake in the company being the seniormost executive in the Oil & Gas sector. The PESB meeting for the selection of Chairman HPCL took place on which was some time back.
The current dispensation seems to be for delaying the selection process as much as possible and closer to the end of tenure of current incumbents with the possibility of extensions or some favourite to be made ‘Incharge’. The pattern is now quite familiar with the Oil & Gas sector experts.
There are hardly any eyebrows raised on the seemingly opaque and whimsical process of selections of Heads of PSEs in Oil & Gas Sector with the selection of Chairman Indian Oil also hanging fire.
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