MB Lal to go

Vol 15, PW 13 (12 Jan 12) News in Brief

Oil ministry officials have begun hunting for a candidate to replace MB Lal as their technical representative on the Appellate Tribunal for Electricity, which also decides oil and gas sector disputes.

PETROWATCH learns the ministry advertised the post on January 9. Lal is set to retire on March 12 aged 65.

Interested candidates must be no older than 62 on March 13, 2012 and must submit their CVs by post within 30 days of the date of the advertisement. Typically, retired chairmen and directors of state-owned oil companies are the ideal candidates for the job which comes with a salary of Rs312,500/month ($6000).

Interviews will be carried out by a panel headed by former oil secretary and Planning Commission member energy BK Chaturvedi. Former GAIL director finance RK Goel and former IndianOil director finance SV Narasimhan are among the candidates expected to apply.

Former Hindustan Petroleum chairman MB Lal has held the post since July 31, 2007.