ONGC: Two fresh faces joining Board of Directors

Vol 18, PW 12 (12 Feb 15) People & Policy
     

Despite fictitious complaints filed with the Central Vigilance Commission (CVC), VP Mahawar and AK Dwivedi have won anti-corruption clearance to join ONGC’s Board.

Executive director Mahawar, head of the Tripura asset, won CVC clearance on February 6 as the next director onshore to replace Ashok Verma, who steps down on August 1. Executive director Dwivedi, head of its western offshore basin, won CVC clearance on January 29 to sit in the director exploration seat, empty since NK Verma moved to OVL on August 28, 2014.

The CVC, it seems, found no substance in complaints filed against both men, dismissing them as the work of small-minded jealous rivals. Mahawar’s file is now at the ministry, awaiting oil minister Dharmendra Pradhan’s thumb-print before moving to cabinet for Modi's rubber-stamp.

“Mahawar should receive his appointment letter in the next month,” confirms an oil ministry source. “But he’ll take over only when Varma retires.

” Mahawar was selected on December 17 to replace Varma, who has been director onshore since June 10, 2014, hardly a year. "Mahawar will be called to Delhi as OSD (Officer on Special Duty) to help Varma as soon as we can find somebody to head the Tripura asset,” we learn.

Mahawar's priority will be to introduce new technology to reverse production decline and bring new discoveries on-stream fast.

LNG Summit