LAGATAR24 NETWORK
Ranchi, July 12: Debasish Nanda has taken over as Director – Business Development of Coal India Ltd (CIL), the central government owned coal mining and refining company said in a statement.
Nanda was working as Executive Director (Gas) in Indian Oil Corporation (IOC) before taking over as Director-BD at CIL.
“A graduate in mechanical engineering from UCE Burla, Sambalpur University, Nanda is a post graduate in production engineering from REC Rourkela and has to his credit a masters in international business from IIFT, New Delhi,” the CIL said.
Nanda joined Indian Oil in 1988 as a management trainee in the marketing division and spent 11 years in marketing of Servo lubricants. Thereafter, he moved to the business development group in 1999. He did a stint in business development activities including expansion of lube business overseas, exports of POL, and setting up of subsidiaries before moving to Indian Oil’s gas business in 2009.
He headed the natural gas business of IOC which had a turnover of over Rs 20,000 crore. He developed many robust strategies for increasing the penetration of Indian Oil in the natural gas business.
Nanda has also handled various positions for liaising with MoP&NG, PNGRB and other industry bodies. He has chaired the US-India Energy Task Force, headed the work on pipeline RLNG exports to Bangladesh and Sri Lanka, and was accorded status of aggregator of HP-HT domestic gas for urea plants.
